Business news

Business news • Apr 16

White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline

Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.

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Business news • Apr 16

Mythos AI Sparks Fear and Confusion Among Global Finance Elite

War and an historic energy shock are tough financial stability risks to compete with.

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Business news • Apr 16

RFK Jr.'s peptide policy could boost Hims & Hers as its GLP-1 business evolves

Investors are starting to focus on what will replace compounded GLP-1 as a growth driver for telehealth companies like Hims & Hers Health.

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Business news • Apr 16

More tech layoffs hit the Seattle area

Snapchat's parent company is conducting sweeping layoffs, which will affect almost 100 tech workers in the area.

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Business news • Apr 16

Walmart is remodeling 24 New York stores in 2026. Here’s what’s changing, and where

Walmart announced plans to remodel 24 stores across New York this year as part of a broader modernization effort aimed at improving both in-store and...

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Business news • Apr 16

Why United Plus American Could Equal More Woe for Passengers

A tie-up between the carriers would cut the number of major US airlines to just three.

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Business news • Apr 16

Xanax Maker Recalls One Batch of Common Anxiety Drug

A single batch of the widely prescribed anti-anxiety drug Xanax has been recalled, according to the Food and Drug Administration.

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Business news • Apr 16

Could Jet Fuel Shortage Cancel Your International Flight This Summer? Here’s What To Know

While carriers in Asia and Europe are managing the oil crisis by rationing jet fuel and cutting flights, U.S. airlines remain more insulated for now—but...

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Business news • Apr 16

Anthropic releases Claude Opus 4.7, narrowly retaking lead for most powerful generally available LLM

Anthropic is publicly releasing its most powerful large language model yet, Claude Opus 4.7, today — as it continues to keep an even more powerful successor...

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Business news • Apr 16

Netflix stock sinks after streamer reiterates guidance, says Reed Hastings to exit board

Netflix beat Wall Street expectations for first-quarter revenue and reported a big jump in earnings per share thanks in part to a termination fee related to...

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Business news • Apr 16

Read the memo from Disney's brand and marketing chief about why his team got hit hard by layoffs

Disney laid off employees this week across the company, including its marketing group. Read the memo from Disney brand chief Asad Ayaz.

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Business news • Apr 16

KLM cancels 160 flights in coming month due to rising fuel costs

AMSTERDAM, April 16 (Reuters) - Dutch airline KLM ​on Thursday ‌said it would cancel 160 ​flights in ​Europe in the ⁠coming month ​due to rising ​fuel costs...

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Business news • Apr 16

Democrats Make Final Push to Delay Confirmation Hearing of Trump’s Fed Pick

All 11 Democrats on the powerful Senate Banking Committee joined in a final push to delay the confirmation hearing of President Trump's nominee to lead the...

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Business news • Apr 16

Trader Joe's settlement: Shoppers could get a payout over claims receipts that showed too much card information

Trader Joe's could owe you money. The grocery chain has agreed to a $7.4 million settlement over claims that receipts showed too many digits from customers'...

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Business news • Apr 16

The Father, the Don, and the Fed Chair’s Post

Knives out for the banker of Washington and the Bishop of Rome.

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Business news • Apr 16

Lufthansa to Cut Capacity, Ground Inefficient Aircraft to Tackle Higher Costs

At the end of the summer the company will reduce long-haul capacity by six intercontinental aircraft.

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Business news • Apr 16

Sound Transit’s ‘Sophie’s Choice’: Bleed to death or start requiring fares from riders

Cutting service. Bailing on Ballard, West Seattle, Everett, or Tacoma. Eliminating stations. Everything is on the table as Sound Transit looks to fill a $34...

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Business news • Apr 16

AMD Stock Bulldozes Through a 12-Day Winning Streak as U.S.-Iran Ceasefire Fires Up Risk-On Chip Rally

The semiconductor world is witnessing a historic surge as one of its biggest names breaks records from decades ago. On Thursday, Advanced Micro Devices AMD...

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Business news • Apr 16

Eli Lilly Reveals Results of Late-Stage Study for Type 2 Diabetes Treatment

Lilly's Foundayo has reaffirmed its cardiovascular and overall safety profile.

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Business news • Apr 16

Jet fuel prices double, leading airlines to increase baggage fees, raise fares

Jet fuel prices have roughly doubled since the start of the war in Iran, a price increase even sharper than the spikes seen in gasoline and diesel.

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