Business news

Business news • Apr 24

Nvidia (NVDA) Once Again Has a $5 Trillion Market Cap

Chipmaker Nvidia NVDA -1.41% ▽ is once again the only publicly traded company with a $5 trillion market capitalization.

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Business news • Apr 24

Markets News, April 24, 2026: Nasdaq, S&P 500 Hit Records as Intel Soars; Oil Falls on US-Iran Talks; DOJ Drops Powell Probe

Stocks ended mostly in the green Friday, powered by soaring shares of Intel, with the Nasdaq Composite and S&P 500 finishing higher for a fourth straight...

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Business news • Apr 24

Pirro could reopen Fed probe at any time, Democratic senators warn

Sens. Elizabeth Warren and Dick Durbin, in a letter obtained first by CNBC, question Jeanine Pirro's mention of reopening a probe of Fed Chair Jerome...

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Business news • Apr 24

This 'sleep like a baby' portfolio strategy is having its best year in nearly a century, BofA's Hartnett says

Forget the 60/40 portfolio: Investors have had a much better option this year to get better diversification and stronger returns.

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Business news • Apr 24

Trump's surge in oil exports during Iran war will hit a ceiling

The bottling up of Middle East oil is giving a lift to U.S. exports, but there are real limits on how much more they can grow.

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Business news • Apr 24

White House mulls using Defense Production Act in Spirit Airlines takeover

The Trump administration is exploring using the Defense Production Act as part of a strategy to save the beleaguered Spirit Airlines, according to U.S....

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Business news • Apr 24

Bed Bath & Beyond swore off California. Now it’s returning to S.F.

Bed Bath & Beyond plans to return to San Francisco and the Bay Area after its executive chairman previously said it would not reopen in California.

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Business news • Apr 24

Trader Joe's customers sue over coffee's caffeine levels

Consumers allege that Trader Joe's improperly advertised a coffee product as fully caffeinated when it was not.

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Business news • Apr 24

Time to Stop Lionizing Powell

The Fed chair has been an enabler of the economy's hyper-financialization and speculative excess. Resistance to Trump is too low a bar.

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Business news • Apr 24

Whether It's 'Disruption' or 'Renormalization,' AI Is Killing Tech Jobs—And It's Not Done Yet

Meta and Microsoft each confirmed plans to reduce headcount next month as they continue their aggressive investments in artificial intelligence.

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Business news • Apr 24

Restaurant Scorecard: Dead mice, ice machine violations found

O'Henry's Coffee in Hoover received the lowest health inspection score in Jefferson County for the week of April 20-24 with an 88, mostly for employee...

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Business news • Apr 24

Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here's what could happen next

President Trump has said the government could buy Spirit.

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Business news • Apr 24

Judge sanctions law firm that has pursued Leon Black over Epstein ties

A federal judge on Thursday sanctioned a lawyer who represented a woman who alleges she was raped by Wall Street titan Leon Black after she said she was...

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Business news • Apr 24

20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here

Meta said it's cutting 10% of its workforce, just as Microsoft announced that it's offering employee buyouts for the first time in its 51-year history.

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Business news • Apr 24

Stellantis to Prioritize Jeep, Ram, Peugeot and Fiat Among Its 14 Brands: Report

Jeep, Ram, Fiat, and Peugeot are reportedly going to become focal points, while smaller Stellantis brands scale back in ambition.

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Business news • Apr 24

DeepSeek-V4 arrives with near state-of-the-art intelligence at 1/6th the cost of Opus 4.7, GPT-5.5

DeepSeek's quest to keep frontier AI models open is of benefit to the entire planet of potential AI users, especially enterprises looking to adopt the...

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Business news • Apr 24

Chartbook 443 "Obscurity to Notoriety" - Bessent, the UAE and how"swap lines" morph into "slush lines".

The UAE is in discussions with the Trump administration about a swap line. Two questions immediately arise. How can the UAE need dollars?

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Business news • Apr 24

Apple Stock Gets the CEO It Needs. John Ternus Gives Reason to Be Bullish.

Apple has drifted from its singular product focus. New CEO John Ternus brings gives the company a fresh start—and a chance to create the next big thing.

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Business news • Apr 24

Tesla’s Cybercab goes into production — so why is Musk tapping the brakes?

Tesla is starting continuous production of the Cybercab, but Musk is sounding uncharacteristically cautious about the rollout of his robotaxi service.

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Business news • Apr 24

Apple's Next CEO Needs to Launch a Killer AI Product

Sometime in the next year or two, Apple's new CEO, John Ternus, will step onto a stage and tell the world that his company has a revolutionary product.

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