Business news

Business news • Apr 09

Exclusive | Disney Planning Layoffs Under New CEO Josh D’Amaro

Entertainment company is planning to eliminate as many as 1000 positions in the coming weeks.

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Business news • Apr 08

XAI Reorganizes Its Engineering Team Ahead of SpaceX IPO

As Elon Musk's xAI merges more closely with SpaceX ahead of the space giant's blockbuster IPO, the AI company is undergoing yet another major overhaul to...

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Business news • Apr 08

Genetic predictors of GLP1 receptor agonist weight loss and side effects

The development of glucagon-like peptide 1 (GLP1) receptor agonists, including semaglutide and tirzepatide, has transformed the clinical management of...

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Business news • Apr 08

The third Gulf war will scar energy markets for a long time yet

Residual risks and ruined infrastructure will keep prices high | Finance & economics.

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Business news • Apr 08

Trading Day: Markets gorge on huge TACO

World markets soared on Wednesday and oil had its biggest fall in five years, as investors gave a hearty welcome to the ceasefire in the Iran war.

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Business news • Apr 08

Meta Stock Surges on ‘Muse Spark’ AI Model Release. What Has Wall Street Excited.

Meta Platforms unveiled its latest model, Muse Spark, in a bid to challenge Google and OpenAI.

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Business news • Apr 08

Constellation Brands, U.S. maker of Modelo and Corona, withdraws 2028 guidance due to uncertainty

Constellation Brands withdrew its previously issued fiscal 2028 outlook on Wednesday and reported "subdued" demand across its categories.

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Business news • Apr 08

Did The NYT Identify Bitcoin's Creator? Morgan Stanley Launches ETF, Cryptos Rally.

Bitcoin price, cryptocurrencies rally on Iran ceasefire. Morgan Stanley launches bitcoin ETF. The NYT may have found Satoshi Nakamoto.

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Business news • Apr 08

Here’s What the Astronauts Are Eating on NASA’s Artemis II Mission

There's actually a lot more food and drink choices than you'd expect on NASA's Artemis II. Here's what the astronauts are eating while in space.

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Business news • Apr 08

US FAA proposes fining American, Southwest over alleged drug, alcohol violations

The U.S. Federal Aviation Administration on Wednesday proposed a $255000 ​civil fine against American Airlines , alleging that the carrier violated employee...

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Business news • Apr 08

Stock Market Today: Dow Rallies 1,300 Points Amid Iran Ceasefire; This Chip Stock Breaks Out (Live Coverage)

Stock Market Today: The Dow Jones index surged 1200 points, while oil prices crashed on the U.S.-Iran ceasefire.

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Business news • Apr 08

When will prices come down for gas, air travel and strawberries?

The president temporarily suspended strikes on Iran, but Americans will continue paying more for an array of products because of higher energy costs.

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Business news • Apr 08

Meta debuts Muse Spark, first AI model under Alexandr Wang

Meta on Wednesday debuted Muse Spark, a homegrown AI model it says significantly narrows the performance gap with models from OpenAI, Anthropic and others.

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Business news • Apr 08

Dwindling Bay Area-based camera company cuts nearly a quarter of its workforce

The Bay Area-based camera maker GoPro plans to lay off 145 workers, or nearly a quarter of its workforce, to curb spending, according to a federal filing.

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Business news • Apr 08

How the ‘TACO’ trade went from a light-hearted Wall Street joke to a serious moneymaker

Since the start of President Trump's second term, nine of the 10 top days for the S&P 500 have been spurred by de-escalation either involving tariffs or...

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Business news • Apr 08

More Interest Rate Cuts Could Happen If Iran War Drags On, Fed Says

Federal Reserve members appeared split on whether a prolonged war in Iran could prompt more interest rate cuts than expected or a rate hike this year,...

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Business news • Apr 08

Fed minutes show growing openness to rate hikes at March meeting

WASHINGTON, April 8 (Reuters) - A growing group of Federal Reserve policymakers felt last month that interest rate hikes might be ​needed to counter...

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Business news • Apr 08

The New York Times may have found bitcoin founder Satoshi Nakamoto. Here's what you need to know.

For years, bitcoin creator Satoshi Nakamoto has avoided discovery. Now, a 10000-word New York Times investigation may have unraveled the mystery,...

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Business news • Apr 08

Meta unveils first AI model from costly superintelligence team

Meta Platforms on Wednesday ​unveiled Muse Spark, the first artificial intelligence model from a costly team it assembled last year to catch up with rivals...

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Business news • Apr 08

Anthropic's Claude Mythos Preview Just Sent Shockwaves Through the Cybersecurity Industry. It's Now Joining Forces with Nvidia, Amazon, Apple, Google, and Microsoft

Experts have long said that artificial intelligence (AI) would change the face of cybersecurity. While many industry leaders have already deployed AI tools...

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