Business news

Business news • Apr 14

JPMorgan sees capital hike in latest Basel fight twist

JPMorgan Chase's required capital will increase under revised draft U.S. ‌rules, in contrast to its Wall Street rivals which stand to win relief,...

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Business news • Apr 14

Goldman Sachs Files Bitcoin Premium Income ETF

Goldman Sachs has filed a prospectus for a Bitcoin Premium Income ETF that would gain exposure to bitcoin through other exchange-traded products and options...

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Business news • Apr 14

US wholesale prices surged 4% last month after the war in Iran sent energy prices flying

U.S. wholesale prices surged last month as the Iran war drove up the cost of energy. The Labor Department reported Tuesday that its producer price index...

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Business news • Apr 14

Man allegedly traveled to SF to kill Sam Altman and burn OpenAI headquarters

Surveillance footage shows a Texas man accused of trying to break into the OpenAI's San Francisco headquarters and burn it down on April 10, 2026.

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Business news • Apr 14

Bloom Energy Stock (BE) Surges to All-Time High. Top Analysts See More Upside following Oracle Deal

Bloom Energy ($BE) shares surged nearly 23% to hit a new all-time high of $218.69 on Tuesday, extending Monday's massive rally as Wall Street cheered its...

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Business news • Apr 14

War intensifies uncertainty for makers of the ultimate in bling, luxury watches

The annual luxury watch fair “Watches and Wonders” opens this week in Switzerland, with the Iran war casting new doubt over an industry that had hoped to...

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Business news • Apr 14

JPMorgan blasts capital proposals, estimates 4% increase

The CEO and CFO of the biggest U.S. bank called for further changes to Basel III and G-SIB surcharge proposals, saying the latter is “still broken.”

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Business news • Apr 14

Leaked memo reveals what Disney CEO Josh D'Amaro told staff about coming layoffs

Disney is laying off employees less than a month into CEO Josh D'Amaro's tenure. Read the full memo from D'Amaro.

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Business news • Apr 14

Trump's pick for the next Fed Chair is worth over $100 million and married to a billionaire

New disclosures show that Kevin Warsh is worth well over $100 million and is invested in Polymarket.

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Business news • Apr 14

Attempted fire-bombing has tech titans worried about AI backlash

The attack at the San Francisco home of OpenAI CEO Sam Altman led some Silicon Valley figures to accuse AI critics of inspiring political violence.

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Business news • Apr 14

Pittsburgh Post-Gazette to stay in business under new nonprofit owner

The Pittsburgh Post-Gazette will live on past its slated May 3 closure date, thanks to a new deal with a nonprofit journalism organization.

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Business news • Apr 14

New York City to open municipal grocery store in 2027

The store will be one of five city-owned food stores Mayor Zohran Mamdani has promised to debut before his term ends.

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Business news • Apr 14

Goldman Sachs files for Bitcoin ETF that invests in other Bitcoin exchange-traded products

Goldman Sachs wants to launch an exchange-traded fund that gives investors exposure to bitcoin without directly holding the cryptocurrency, according to a...

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Business news • Apr 14

Disney to eliminate 1,000 jobs

Walt ​Disney 's new chief executive, Josh D'Amaro, announced layoffs in an email ‌to employees on Tuesday, as he looks to streamline the company's...

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Business news • Apr 14

Goldman Sachs files for bitcoin income ETF in crypto push

The bank is moving deeper into crypto with a bitcoin ETF that generates income by selling options on bitcoin-linked funds, following BlackRock's push into...

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Business news • Apr 14

Bessent suggests Fed should hold off on rate cuts for now amid war uncertainty

Treasury Secretary Scott Bessent on Tuesday signaled he had no objection to the Federal Reserve keeping interest rates on hold for now as officials monitor...

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Business news • Apr 14

Farm Bureau Survey Reveals Real Impact of Fertilizer Availability and Price | Market Intel

Fertilizer affordability challenges are most acute in the South and Northeast but remain a concern for farmers across all regions. Around 70% of respondents...

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Business news • Apr 14

NVIDIA Launches Ising, the World’s First Open AI Models to Accelerate the Path to Useful Quantum Computers

NVIDIA today announced the world's first family of open source quantum AI models, NVIDIA Ising, designed to help researchers and enterprises build quantum...

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Business news • Apr 14

Revealed: The world’s busiest airports for 2025

While only two European airports made the overall list, five made it onto the rankings for the busiest airports based on international arrivals and...

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Business news • Apr 14

JPMorgan Slams Rules That Would Spur $20 Billion Capital Hike

JPMorgan Chase & Co. warned that new regulatory proposals will force the bank to hold onto $20 billion more of capital, a move that Chief Executive Officer...

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