Business news

Business news • Apr 25

Lockheed Martin CEO sends strong 2-word message on Middle East

Jim Taiclet recognizes a major business opportunity amid the current defense climate, and contract wins are backing him up.

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Business news • Apr 25

Elon Musk makes shocking admission about Tesla

Elon Musk admitted on Tesla's Q1 2026 earnings call that Hardware 3 cannot achieve unsupervised FSD. Here is what it means for owners and investors.

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Business news • Apr 25

Hormuz Crisis Is ‘Biggest Energy Disruption Ever,’ Yergin Says

S&P Global Vice Chairman Daniel Yergin warned that the Strait of Hormuz crisis represents “the biggest energy disruption we've ever seen,” despite oil...

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Business news • Apr 25

Tim Cook built Apple into a $4 trillion company. Then his greatest strength became his biggest liability

The most dangerous moment in a CEO's career comes the morning you realize the instincts that built everything are the same ones now holding it back.

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Business news • Apr 25

‘He Has the Market in a Chokehold’: Stocks Swing as Trump Posts

There are lots of things that can move the stock market, from economic data, to Federal Reserve pronouncements, to corporate developments.

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Business news • Apr 25

I lost my job to AI. Here’s why mass layoffs won’t transform your company

Pearl's Head of AI Operations Mark Quinn was displaced by the same technology he now deploys at scale. That experience taught him the difference between...

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Business news • Apr 25

8 people told us about the reality of life abroad — and the identity crisis that comes with it

ow long have you been living in Singapore?" It's a question taxi drivers have been asking me since I arrived from New York nearly 20 years ago.

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Business news • Apr 25

Texas credit card users could get part of a $425M settlement — here's how

Capital One agrees to pay $425 million in 2026 to settle a lawsuit alleging it used deceptive practices regarding its 360 Savings credit card account.

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Business news • Apr 25

Tired of high costs, some Americans are importing homes straight from China

Gennadiy Tsygan knows how expensive it is to build a home in the United States. That's why he imported almost everything for his dream house from China.

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Business news • Apr 25

Companies with Mythos access urge joint defence of infrastructure

Anthropic's Claude Mythos AI model is driving a surge in software updates, risking exposure of critical national infrastructure to hackers and prompting...

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Business news • Apr 25

Security News This Week: Discord Sleuths Gained Unauthorized Access to Anthropic’s Mythos

As researchers and practitioners debate the impact that new AI models will have on cybersecurity, Mozilla said on Tuesday it used early access to...

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Business news • Apr 25

Bitcoin might be at risk from a new quantum math trick that breaks digital ownership

Quantum computers cannot disrupt bitcoin mining or the blockchain ledger itself, but they could eventually break the cryptography that protects wallet...

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Business news • Apr 25

'Hoping to Fool the American People': In Dead of Night, GOP Sets Vote on Trump Fed Pick

In the late hours of Friday night, Republicans on the Senate Banking Committee scheduled a vote to advance President Donald Trump's pick to lead the Federal...

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Business news • Apr 25

The Downgrading of the American Tech Worker

Everyone in tech is worried about layoffs. Since the beginning of the year, Block (formerly Square) cut its workforce nearly in half, Oracle began laying...

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Business news • Apr 25

Defence stocks give back gains as investors buy rumour but sell war

Production bottlenecks and uncertainty over the US's military budget have led investors to sell global defence stocks despite ongoing conflicts in the...

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Business news • Apr 25

Don’t count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office.

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Business news • Apr 25

Wayfair’s Way Day Sale is here: Save up to 76% on home and furniture deals, starting at just $26

Wayfair's Way Day Sale is finally here and has deals on all areas of home. Save up to nearly 80% on furniture, appliances, coffee tables, rugs,...

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Business news • Apr 25

Meta employees face a slow-swinging axe and a tough choice: hustle or job hunt

Meta's lengthy heads up about looming layoffs raises the thorny question: Should employees keep grinding for a job they might lose?

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Business news • Apr 25

According to Warren Buffett's math the stock market is officially in 'playing with fire' territory

The Oracle of Omaha has long held to a simple maxim when it comes to whether the stock market is undervalued, fairly valued, or overvalued.

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Business news • Apr 25

What are your chances of being audited now that the IRS is using AI? Jury is still out

Just looking at the raw numbers, less than 1% of filers have been audited by the IRS in recent tax years. Based on the latest data available, for example,...

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