Business news

Business news • Apr 30

Apple Reports 17% Sales Jump, Powered by iPhones

John Ternus, who will take over in September, spoke publicly on an investor call for the first time since his new job was announced.

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Business news • Apr 30

Stock market today: S&P 500, Nasdaq, Dow futures tick up after gauges close April on record highs

US stock futures ticked higher late Thursday, building on a powerful rally that pushed major indexes to fresh records and capped a standout April for...

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Business news • Apr 30

Trump gives the go-ahead for a major new Canada-U.S. oil pipeline

FORT COLLINS, Colo. — President Trump granted a key approval Thursday for a major new oil pipeline that would carry oil from Canada into the U.S. where it...

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Business news • Apr 30

Musk testifies he did not read 'fine print' about OpenAI becoming for-profit company

Elon Musk testified during tense cross-examination on Thursday that he knew about early discussions around turning OpenAI into a for-profit company but was...

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Business news • Apr 30

The craziest part of Musk v. Altman happened while the jury was out of the room

Okay, I am not a lawyer so I only understood about half of what just happened. But I am fairly sure, given the context, that Elon Musk's lawyers may have...

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Business news • Apr 30

White House presses tech companies for support on AI-driven cyberattacks

The White House has asked a group of tech companies to answer a set of questions this week about how to ward off digital attacks that frontier AI tools...

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Business news • Apr 30

Bank of America resets Microsoft stock forecast after earnings

BofA reveals what could happen to Microsoft shares.

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Business news • Apr 30

MTA braces for LIRR strike, threatens fare hike and service cuts if workers get demands

The strike could halt service on the nation's busiest commuter railroad as soon as May 16.

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Business news • Apr 30

‘Boo hoo’: The New Yorkers who cheered Mamdani’s ‘tax the rich’ video

New Yorkers on Fordham Road said they liked the mayor's decision to get personal with the uber rich.

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Business news • Apr 30

Stock Market News, April 30, 2026: Dow rises 790 points, S&P 500 and Nasdaq close at records as GDP data shows the U.S. economy continues to grow; Big Tech slips; oil falls back from four-year high; Alphabet shares jump as Meta falls

Stocks ended April on a high note with the S&P 500 and Nasdaq Composite logging their best monthly performance since 2020.

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Business news • Apr 30

Incoming Apple CEO John Ternus makes first public comments since being named to the post

Apple's incoming CEO John Ternus made his first public comments since the company announced he will succeed Tim Cook as chief executive on Sept. 1.

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Business news • Apr 30

Tim Cook takes victory lap as Apple’s financial results soar past Wall Street expectations

Company details $111.2bn in revenue in first earnings report after announcement of Cook's pending departure.

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Business news • Apr 30

Weekly U.S. jobless claims fall to 189,000, lowest in more than five decades

The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds...

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Business news • Apr 30

Disney is slashing stock-based compensation for some tech employees

Disney is reducing the amount of stock-based compensation that some tech employees can earn, Business Insider has learned.

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Business news • Apr 30

Warren Buffett explains sports betting in simple terms: “It’s a tax on stupidity”

Few Americans in history have had more success in the financial world than Warren Buffett. And Warren Buffett, who's still going strong at 95, has a strong...

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Business news • Apr 30

Rivian Automotive Boosts Initial Capacity for Georgia Plant; First-Quarter Revenue Rises

The change will allow for 300000 units of annual production capacity for its mid-sized vehicles, known as the R2.

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Business news • Apr 30

Apple chief Tim Cook says it was the 'right time' to step down as CEO

Apple CEO Tim Cook said now is the right time to step down because of the company's strong performance, its product roadmap and successor John Ternus'...

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Business news • Apr 30

Meta threatens to shut down social networks in New Mexico over child safety court case

Company asserts in court filing that the state's proposed remedies would be too onerous to comply with.

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Business news • Apr 30

Reddit Stock Jumps As Q1 Results Beat Expectations

Reddit (RDDT) stock jumped late Thursday after the social media company reported first-quarter results ahead of expectations. Shares of the 2024 star IPO...

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Business news • Apr 30

iPhone 17 Is Apple's Most Popular Lineup Ever

Apple's iPhone 17 models are its most popular iPhones to date, Apple CFO Kevan Parekh told the Financial Times. Both Parekh and Apple CEO Tim Cook...

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