Business news

Business news • May 08

With Spirit in liquidation, here's what happens next to its planes

When Spirit Airlines stopped flying last weekend, it left more than 90 planes scattered across the country. Many will go back to the companies that own them...

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Business news • May 08

Minnesota lawmakers considering whether to allow plug-in or 'balcony' solar power

Minnesota lawmakers are considering a bill to allow homeowners to install small-scale “plug-in” or “balcony” solar systems. There's a growing movement for...

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Business news • May 08

Oil prices rise after US and Iran exchange fire in Hormuz strait

US President Donald Trump says the ceasefire between Washington and Tehran is still in place.

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Business news • May 08

The companies making billions from the Iran war

Through surging profits or soaring share prices, the war has been a boon for some firms.

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Business news • May 08

Sound Transit plans to close $34.5B shortfall over 2 decades, reshaping light rail future

Sound Transit officials on Thursday outlined how they plan to address a projected $34.5 billion funding shortfall over the next two decades.

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Business news • May 08

Dear Abby: My dad’s wife put doughnuts in his mouth after he had a stroke instead of calling 911 — now I’m trying to mourn him without anger

Dear Abby advises a grieving daughter who's trying to let go of anger toward her father's diabolical wife.

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Business news • May 08

IMF Warns That Evolving AI Threat Could Upend Financial Markets

Advances in artificial-intelligence can strengthen markets' defense against cyber threats but the technology now has the capacity to cause a macro-financial...

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Business news • May 08

Stocks Rise For Sixth Consecutive Week, Buoyed by Strong Jobs Data and Earnings

Oil prices rose after the United States attacked Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz.

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Business news • May 08

Spirit Airlines’ Bankruptcy Puts Low-Cost Air Travel in Jeopardy

The demise of Spirit Airlines means higher costs for travelers, but also opportunities for investors. Delta Air Lines, United Airlines, and others could...

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Business news • May 08

Asian stocks fall and oil prices climb after attacks imperil the ceasefire with Iran

Asian stocks have retreated and oil prices climbed as the fragile ceasefire with Iran was strained by missile and drone attacks that prompted U.S....

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Business news • May 08

S&P 500 closes at another record, notches longest weekly winning streak since 2024: Live updates

U.S. stock futures rose early Friday as traders eyed developments between the U.S. and Iran. They also looked ahead to the release of April's jobs report.

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Business news • May 08

OpenAI makes its Mythos rival more widely available to cyber defenders

OpenAI is rolling out a more permissible version of GPT-5.5 — aka "Spud" — to vetted cyber defenders, the company said Thursday.

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Business news • May 08

Oil prices jump as US, Iran trade fire in Strait of Hormuz

Oil prices have jumped after clashes between the United States and Iran in the Strait of Hormuz tested their tenuous ceasefire.

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Business news • May 08

Bay Area ban on gas‑powered heaters begins in 2027, raising concerns over soaring replacement costs

The Bay Area Air District is weighing changes to a rule mandating electric water heaters and furnaces by 2027-2031 to curb nitrogen oxide emissions.

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Business news • May 08

Stock Market News, May 7, 2026: S&P 500, Nasdaq Pull Back from Records

Stocks pulled back from yesterday's records and oil prices settled around $100 a barrel with traders awaiting signs that the Middle East war is winding down...

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Business news • May 08

Wine country turf war? Alaska Airlines adds 3 Sonoma routes, returns to Long Beach

Alaska Airlines is doubling down on California Wine Country with three new routes to Santa Rosa, while returning to Long Beach after a decade absence.

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Business news • May 08

Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire

The U.S. and Iran exchanged fire in the Strait of Hormuz, raising fresh fears that the fragile ceasefire between the two countries was unraveling.

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Business news • May 08

Oil Rises Amid Signs of Rising Strait of Hormuz Tensions

0015 GMT — Oil rises in early Asian trade amid signs of rising tensions in the Strait of Hormuz, a key waterway through which one-fifth of the world's oil...

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Business news • May 07

Stock market today: Dow, S&P 500, Nasdaq futures slip as Iran and the US ramp up Hormuz aggression

Major gauges slipped after a back and forth between the US and Iran undid a week of peace talks over Hormuz.

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Business news • May 07

AST SpaceMobile (NASDAQ:ASTS) Shares Down 7.4% - Here's Why

AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report)'s stock price traded down 7.4% during mid-day trading on Thursday . The company traded as low as...

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