Business news

Business news • May 14

OpenAI Trial Live Updates: Closing Arguments Begin in Elon Musk vs. Sam Altman Case

Elon Musk has accused OpenAI of abandoning the public good to gain commercial success. In closing arguments, his lawyer portrayed Sam Altman, OpenAI's chief...

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Business news • May 14

Honda’s hybrid future starts with new Accord and RDX prototypes

Honda revealed prototypes of two new hybrid models, an Accord sedan and the Acura RDX SUV, during its annual business briefing this week,...

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Business news • May 14

Morning News Wrap-Up, 5/14/26: Today’s Biggest Stock Market Stories!

Traders can catch up on all the hottest market happenings for Thursday in our roundup.

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Business news • May 14

Boeing shares drop 4% after Trump announces China orders just 200 jets

China has agreed to ​buy 200 Boeing jets, U.S. President Donald Trump said, a number that was far fewer than analysts ‌had expected, and the planemaker's...

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Business news • May 14

The bond market is already hiking rates as Kevin Warsh takes over as Fed’s new chair

The bond market isn't waiting around for Kevin Warsh, the newly confirmed head of the Federal Reserve, to get settled into his role at the helm of the U.S....

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Business news • May 14

Sam Altman Is Taking a Lot of Punches on the Witness Stand

Elon Musk's team seems to have one main goal: make the OpenAI boss look like a liar.

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Business news • May 14

Behold, the Elon Musk jackass trophy

Yesterday, in Musk v. Altman, before the jurors came in, Sam Altman's team passed up what looked — from a distance — like a little league trophy.

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Business news • May 14

OpenAI Falls Behind and Looks to Blame Apple

Apple has made it clear that it plans on opening up its AI relationships. OpenAI isn't taking it well. According to Bloomberg's Mark Gurman, the partnership...

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Business news • May 14

Frenzied IPO Highlights Wall Street’s AI Fervor

Artificial-intelligence chip maker Cerebras soars 68% on first day of trading.

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Business news • May 14

Nvidia Stock Extends Winning Streak On China News

Nvidia stock gapped higher on Thursday on a report that Chinese firms are lining up to buy its AI chips if they can secure China's approval.

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Business news • May 14

An Engineer’s Post Protesting Laptop Surveillance Is Going Viral Inside Meta

Meta's decision to track employee keystrokes and mouse data is causing an uproar within the company. “Selfishly, I don't want my screen scraped because it...

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Business news • May 14

A.I. Chip Maker Soars 68% in Market Debut, as Tech I.P.O.s Ramp Up

Cerebras, a Silicon Valley maker of artificial intelligence chips, began trading on the stock market on Thursday, as SpaceX, OpenAI and Anthropic also take...

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Business news • May 14

Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn't take the meeting

The Cerebras Systems IPO was a smash hit on Thursday, generating billions for itself, its founders, and its major investors. Among the big winners is major...

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Business news • May 14

Ford Stock Is Ripping Again. Suddenly, It’s an AI Data Center Stock.

Ford stock was up 9% in early trading on Thursday after a massive 13% gain on Wednesday.

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Business news • May 14

Clarity Act Passes Senate Banking Committee, Crypto Stocks Rally

The Senate Banking Committee approved the Clarity Act in a bipartisan vote. But some issues are still up for debate. Crypto stocks jump.

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Business news • May 14

Cerebras stock surges nearly 70% in biggest IPO of 2026

The AI chipmaker opened at $350 per share, well above its IPO price of $185.

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Business news • May 14

Musk’s attorney apologizes for his absence at trial during closing arguments

Elon Musk had traveled to China with President Donald Trump even though the judge said he wasn't excused.

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Business news • May 14

Fed Governor Stephen Miran to resign after Kevin Warsh is sworn in

Federal Reserve Governor Stephen Miran said he will resign from the central bank effective once incoming Chair Kevin Warsh is sworn into office,...

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Business news • May 14

Why OpenAI Has Had a Bad Month: Trial, Investigations And Sora’s Demise

OpenAI's much-heralded partnership with Apple has deteriorated and could soon result in OpenAI taking legal action, Bloomberg reported Thursday,...

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Business news • May 14

OpenAI’s Apple Partnership Sours

OpenAI appears to be headed into conflict with another big name partner, Apple. The AI startup is considering legal action against Apple over breach of...

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