Business news

Business news • May 25

Dan Strauss Restarts Downtown Tunnel Debate on Eve of ST3 Plan Update

An amendment from boardmember Dan Strauss would direct Sound Transit to prioritize a "starter line" between Westlake and Ballard ahead of a new tunnel in...

9 0 0

Business news • May 25

Oil Prices Drop on Prospect of Iran Deal, but Investors Aren’t Celebrating Yet

Brent crude fell roughly 7%, and Dow Jones Industrial Average futures rallied even as investors remain skeptical about the impact of the U.S.-Iran talks.

9 0 0

Business news • May 25

SpaceX’s IPO Is a Bet Gravity Doesn’t Apply to Elon Musk

To launch the biggest offering ever, the space baron is drawing on his real power: everyday investors.

10 0 0

Business news • May 25

Top CEO’s ‘Very Nervous’ To Criticize Trump, And A Crash Is ‘Coming,’ Warns CNBC Host

Squawk Box” co-anchor Andrew Ross Sorkin, who wrote a book on the Great Depression crash of 1929, said another market crash is imminent.

8 0 0

Business news • May 25

Let There Be Luce: The Electric Ferrari Is Finally Here

The covers have come off the Ferrari Luce, the most anticipated EV ever. It completely breaks the Italian car maker's aesthetic archetype.

9 0 0

Business news • May 25

Here's who gets Social Security payments on May 27

The third and final wave of Social Security payments for the month of May is coming this week. Here's what recipients need to know.

9 0 0

Business news • May 25

See the 2027 Ferrari Luce Exterior in Full Detail in This Gallery

Ferrari's first five-seater and first EV has just been revealed, and these photos show just how much of a departure it is.

9 0 0

Business news • May 25

Ferrari Luce Electric Car: Photos From Every Angle

Ferrari revealed its first all-electric car in Rome on Monday, and it brings a totally new vision for the brand.

8 0 0

Business news • May 25

Ferrari Goes Electric: The Luce Is Here!

The battery-powered Ferrari, coming for 2027, is a brave step into the future, but how will it be received?

8 0 0

Business news • May 25

Ferrari launches first EV with Jony Ive’s ‘polarising’ design

Ferrari has unveiled its first fully electric car, with a design from former top Apple designer Jony Ive that it describes as “polarising”, noting that the...

8 0 0

Business news • May 25

Ferrari Unveils Luce, Its First Fully Electric Car

The Italian sports car maker unveiled Luce, its first all-electric model, on Monday amid wider worries about the luxury E.V. market.

9 0 0

Business news • May 25

Ferrari Launches $640,000, Jony Ive-Designed, Glass-Clad Electric Speedster

Named after the Italian word for light, the Luce will test the appetite of the superrich as EVs have fallen out of favor in the U.S..

8 0 0

Business news • May 25

A Steakhouse Apocalypse: Rising Beef Prices Are Killing Off An American Classic

A historic cattle shortage has pushed wholesale beef to record levels, slaughtering steakhouses from Texas barbecue institutions to high-end Midwest...

8 0 0

Business news • May 25

Cox Media fined after bragging it spied on users through their phones

Cox Media and two marketing firms have been fined for falsely advertising a service it compared to Black Mirror.

8 0 0

Business news • May 25

The SpaceX IPO Is Coming. These Are the 3 Most Important Numbers From Its S-1 Filing

SpaceX stock is expected to begin trading in a few weeks.

10 0 0

Business news • May 25

Jeff Bezos, Grant Cardone call for an end to federal taxes

A nurse in Queens earning $75,000 a year hands over more than $12,000 in federal income taxes. That scenario is exactly what Jeff Bezos says the country no...

9 0 0

Business news • May 25

Canada Tripling “Netflix Tax” on U.S. Streamers Draws Skepticism From Local Unions, Creatives

More money may squeezed from foreign digital platforms, but there's concern it won't subsidize dramas, docs and other content.

10 0 0

Business news • May 25

'Symbolic about who's in charge': Lawmakers vote to crack down on Wall Street landlords

A popular policy to limit large institutional investors' ownership of housing is unlikely to impact most Americans. A sign is displayed outside a home for...

9 0 0

Business news • May 25

Anthropic’s restricted Claude Mythos model may be coming to Claude Code

Anthropic appears to be preparing for the public rollout of the Mythos model, which was announced in April as a restricted model that poses major security...

9 0 0

Business news • May 25

Final Social Security payment to arrive May 27: See who's eligible

Millions of beneficiaries are set to receive the last cheque of Social Security payments this week. The Social Security Administration is scheduled to issue...

10 0 0