Business news

Business news • Apr 02

Popular cooking pan set recalled over risk of exploding metal caps

WASHINGTON — A popular cooking pan set that was sold for years at Costco, Walmart and Amazon is being recalled after reports of flying metal pieces causing...

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Business news • Apr 02

U.S. crude on Thursday did something it's never done before as Iran war continues

The market has had the perception that President Donald Trump will quickly end the war.

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Business news • Apr 02

These Stocks Are Today’s Movers: Tesla, Globalstar, Blue Owl, United Airlines, Carnival, Lumentum, and More

Cruise line and airline stocks slide after President Donald Trump's speech fails to assuage concerns over a drawn-out war in Iran.

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Business news • Apr 02

New weight loss drug to be sold on Trump's pharmaceutical cost comparison platform

A first-of-its-kind weight loss pill will become the latest drug to be offered on President Trump's cost comparison platform "Trump Rx," CBS News...

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Business news • Apr 02

Claude Code leak used to push infostealer malware on GitHub

Threat actors are exploiting the recent Claude Code source code leak by using fake GitHub repositories to deliver Vidar information-stealing malware.

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Business news • Apr 02

Energy markets start tuning Trump out after repeated Iran war whiplash

President Donald Trump has repeatedly sought to tamp down the surging price of oil by telling investors what they're eager to hear: The war in Iran is...

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Business news • Apr 02

Blue Owl Investors Seek to Pull $5.4 Billion From Two Private-Credit Funds

Investors in two of Blue Owl Capital's biggest private-credit funds asked to pull out some $5.4 billion in the first quarter, adding to the growing stream...

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Business news • Apr 02

Trump administration sues three states over attempts to regulate prediction markets

The Trump administration on Thursday filed lawsuits against three states, arguing that the controversial prediction market industry should be solely...

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Business news • Apr 02

SpaceX Targets More Than $2 Trillion Valuation in IPO

SpaceX boosted its target IPO valuation above $2 trillion, according to people familiar with the matter, as the world's most valuable startup gears up to...

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Business news • Apr 02

Mortgage rates are surging, foiling homebuyers' best-laid plans

Surging mortgage rates are threatening to wash out the spring homebuying season. The rate on a conventional 30-year home loan rose to 6.46%,...

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Business news • Apr 02

Tesla’s Q1 delivery figures show Elon Musk was right

Tesla reported its Q1 delivery figures on Thursday, and the figures -- solid but unspectacular -- show that CEO Elon Musk was right about what the company's...

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Business news • Apr 02

Rosenblatt Bullish on Micron Technology (MU) Amid Strong Revenue Growth

Micron Technology, Inc. (NASDAQ:MU) earns a place on our list of the 8 Most Undervalued Value Stocks to Buy Right Now. By March 30, 2026, 94% of covering...

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Business news • Apr 02

Wall Street flees to the fence after mixed signals on Iran, Main Street grows marginally more positive after gold’s solid gains

(Kitco News) – The gold market began in the doldrums and built steady momentum throughout a shortened trading week amid growing optimism for an Iran...

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Business news • Apr 02

Gov. Gretchen Whitmer issues executive order to save Michigan drivers money amid rising gas prices

Gov. Gretchen Whitmer has signed an executive order that will help save Michigan drivers money at the gas pump by easing restrictions on fuel blends.

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Business news • Apr 02

A new weight-loss pill is here — and could rival Wegovy and Zepbound. Here's how it compares.

The FDA has approved Foundayo, a new weight-loss pill that could give Eli Lilly an edge over other drugmakers. Here's how it compares to other GLP-1s.

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Business news • Apr 02

Gov. Whitmer declares state of energy emergency with executive order aiming to reduce gas prices

Executive Order No. 2026-4 officially declares a state of energy emergency in Michigan and aims to reduce gas prices in the state by easing regulations.

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Business news • Apr 02

A New Google-Funded Data Center Will Be Powered by a Massive Gas Plant

A new data center being built with investments from Google will be partly powered by a natural gas project that emits the yearly emissions equivalent of...

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Business news • Apr 02

Blue Owl limits withdrawals from two funds after historic surge in redemption requests

Blue Owl told investors Thursday that it is limiting withdrawals from two of its funds after a historic level of redemption requests came in for ‌the first...

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Business news • Apr 02

U.S. Regulator Sues Three States in Defense of Prediction Markets

Commodity Futures Trading Commission says in suits against Arizona, Illinois and Connecticut that it has exclusive jurisdiction over platforms such as...

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Business news • Apr 02

US government sues Illinois, alleging unlawful efforts to regulate prediction markets

Booming prediction market sites, such as Kalshi and Polymarket, face scrutiny from states and Congress.

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