Business news

Business news • Apr 25

A massive Oracle data center planned for rural Michigan secures $16 billion in funding

The Saline, Michigan campus is huge. It will generate 1 gigawatt of electricity, making it one of the largest data centers in the country.

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Business news • Apr 25

Trump vows to 'get to the bottom' of Fed's multibillion-dollar building renovation after probe shift

President Donald Trump says he wants to get to the bottom of the Federal Reserve building renovation costs after U.S. Attorney Jeanine Pirro shifted the...

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Business news • Apr 25

Trump’s Crypto Pep Talk Can’t Stop His Memecoin’s Deep Slide

Donald Trump's renewed pledge to support the US crypto industry's growth fell short of rekindling appetite for his own memecoin, with $TRUMP falling 14% on...

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Business news • Apr 25

Trump hosts crypto contest winners at Mar-a-Lago as his coin languishes

U.S. President Donald Trump hosted ​winners of his second annual meme coin contest at his Mar-a-Lago club in Palm Beach, Florida, on Saturday, offering top...

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Business news • Apr 25

A Miami Waitress Allegedly Claimed $180,000 Per Month Income To Finance C8 Corvette, Mercedes S560, And More

The idea was to buy a bunch of cars in quick succession, using fraudulent information, before the purchases show up on a credit report, then bail.

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Business news • Apr 25

SpaceX Is Going Public at a $1.75 Trillion Valuation. Here Is 1 Stock to Buy Before It Does.

The rumors are true: SpaceX is officially looking to go public. Recent filings suggest that the company is targeting an IPO sometime in June.

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Business news • Apr 25

Photos show China’s automakers unveiling the future of driving at Beijing auto show

BEIJING (AP) — China's top automakers unveil cutting-edge models and technology at the Beijing auto show, highlighting advances in intelligent driving,...

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Business news • Apr 25

Senate panel schedules vote to advance Warsh as Powell probe dropped

Senate panel schedules Wednesday vote on Kevin Warsh after U.S. Attorney Jeanine Pirro drops criminal probe into Fed Chair Jerome H. Powell.

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Business news • Apr 25

What to know if your flight is canceled as jet fuel costs rise

With airlines worldwide canceling flights as the war in the Middle East strains jet fuel supplies and pushes up prices, here's what to know if your flight...

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Business news • Apr 25

Hertz Dumped 30,000 EVs, Now Renters Are Begging For Them

Americans may not be rushing to buy electric cars, but they are increasingly happy to borrow them. With gasoline prices climbing above $4 per gallon,...

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Business news • Apr 25

A Year Later, Trump’s ‘Most Exclusive’ Memecoin Event Is a Lot Less Exclusive

Even a Times reporter qualified for the event, which caused outrage last year for providing access to President Trump in exchange for investment in one of...

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Business news • Apr 25

The Rivian R2 Options You Can’t Get at Launch

Heads up for anyone holding an R2 reservation. Rivian is launching R2 as a Performance Launch Edition only, and a real chunk of what got shown at SXSW isn't...

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Business news • Apr 25

Trump’s Crypto Luncheon Draws ‘Superstars.’ But His Token Hovers Near Low.

The president's address touched on everything from the war in Iran to his policies supporting the crypto industry.

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Business news • Apr 25

Trump bought at least $51 million in bonds in March, disclosure shows

NEW YORK, April 25 (Reuters) - U.S. President Donald Trump bought at least $51 million in bonds ​in March, according to financial disclosures released ‌on...

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Business news • Apr 25

U.S. oil producers aren't coming to the rescue despite high prices as mistrust and chaos hit outlook

Companies in the heart of the U.S. oil patch don't plan on opening up the taps anytime soon—even as the recent spike in crude prices offers a windfall...

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Business news • Apr 25

Did Mamdani’s 'tax the rich' video outside a billionaire's NYC penthouse cross a line?

Mayor Zohran Mamdani's video celebrating the pied-à-terre tax plan outside a prominent billionaire's Central Park South home is sparking a backlash from...

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Business news • Apr 25

Trump’s idea to ‘just buy’ bankrupt Spirit Airlines draws GOP backlash

The president said this week that bailing out the airline would save jobs, but his administration is divided.

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Business news • Apr 25

5 Tall Tasks for John Ternus, Apple’s Next C.E.O.

John Ternus will face many of the same issues that Tim Cook has grappled with for years.

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Business news • Apr 25

U.S. considers using Defense Production Act for Spirit bailout

The Trump administration is weighing whether to invoke the Defense Production Act to support a potential bailout of Spirit Aviation Holdings Inc. according...

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Business news • Apr 25

Apple under Ternus: what comes next for the tech giant’s hardware strategy

As Apple races to stay competitive in AI while navigating tariffs and supply chain uncertainty, the company's future is about to shift under new leadership.

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