Business news

Business news • Apr 28

U.S. Gas Prices Hit Highest Level Since Beginning of War in Iran

Gasoline prices in the United States rose on Tuesday to their highest level in four years as peace talks between the United States and Iran appeared at an...

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Business news • Apr 28

Yes, We're Really Going to Be Calling It 'Oakland San Francisco Bay Airport'

It seems as though San Francisco city officials have given in, and while the name is different from what was originally proposed, Oakland Airport is now...

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Business news • Apr 28

Amazon is already offering new OpenAI products on AWS

A day after OpenAI got Microsoft to agree to end exclusive rights, AWS announced a slate of OpenAI model offerings, including a new agent service.

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Business news • Apr 28

It’s official: The ‘Oakland San Francisco Bay Airport’ name stays

A bitter geographic dispute between the East Bay and West Bay is coming to a conclusion. On Tuesday, San Francisco and the Port of Oakland announced a...

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Business news • Apr 28

‘Horsesh*t’: Hill Republicans align against Spirit’s bid for a Trump bailout

As the president considers a government lifeline for the struggling airline, a wide swath of his party wants no part of it.

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Business news • Apr 28

Starbucks raises full-year outlook as turnaround takes hold — despite higher gas prices

Starbucks' global same-store sales, which only includes cafes open at least a year, increased 6.2%, fueled by more visits to its locations.

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Business news • Apr 28

Musk vs. Altman is about what we don't already know

Elon Musk's lawsuit against Sam Altman ostensibly is about OpenAI's pivot to a for-profit model, after having been founded for more altruistic purposes.

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Business news • Apr 28

SFO and Oakland settle trademark dispute — ‘Oakland San Francisco Bay’ name stays

Oakland San Francisco Bay Airport will keep its name, officials at the San Francisco city attorney's office said Tuesday, announcing a settlement in the...

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Business news • Apr 28

Jim Cramer has stark message on the stock market

Jim Cramer warned the chip stock rally is showing worrisome signs after the SOX posted its longest win streak ever. Here is what has him concerned.

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Business news • Apr 28

SFO, Oakland settle airport name dispute with new name

A long-running dispute over the name of Oakland's airport has been resolved, officials announced.

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Business news • Apr 28

SFO and Oakland airport battle has settled

The two-year legal battle between the airports in San Francisco and Oakland has settled.

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Business news • Apr 28

US consumer confidence unexpectedly improves, but higher gasoline prices still a worry

U.S. consumer confidence unexpectedly edged higher in April amid a rally in share prices following a ceasefire in the war with Iran and improved perceptions...

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Business news • Apr 28

America barely uses OPEC oil. Why are gas prices so high?

America is the world's leading oil producer. The United States is less reliant on foreign oil than at times in the past. And of the oil we do import,...

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Business news • Apr 28

American Airlines CEO Rejects United Merger, Hints At Alaska Deal

American Airlines CEO Robert Isom says a merger with United is a nonstarter, but hints that closer ties with Alaska Airlines could continue.

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Business news • Apr 28

‘It feels like a betrayal’: anger as Apple to close its first unionized store in the US

Tech giant accused of 'cynical attempt to bust the union' in decision to shutter location in Towson, Maryland.

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Business news • Apr 28

UAE Says It Will Leave OPEC as Iran War Strains Oil Markets

The United Arab Emirates dealt a major blow to some of the world's biggest oil producers on Tuesday when it announced that it was leaving the OPEC oil...

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Business news • Apr 28

US gas prices surge to highest level in four years, averaging $4.18 a gallon

Oil prices surged as talks on reopening of strait of Hormuz remain gridlocked, sending prices $1 higher than last year.

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Business news • Apr 28

House Democrats urge Trump to keep US ban on Chinese cars in place

More than 70 Democrats in the U.S. House ​of Representatives on Tuesday urged President Donald Trump not to permit Chinese automakers ‌to build or sell cars...

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Business news • Apr 28

'He wanted to be CEO': Early OpenAI VC Vinod Khosla says Elon Musk's bid for control led to the Sam Altman feud and his major investment

When Vinod Khosla sat down with Fortune's Editor-in-Chief Alyson Shontell in early March, he offered some key context for one of the most consequential tech...

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Business news • Apr 28

A split within the Fed impedes Trump’s deregulation of Wall Street

Ideological divides are slowing the central bank's decision-making and could pose a challenge for the president's nominee to run the Federal Reserve,...

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