Business news

Business news • Apr 22

Crypto mogul sues Trump family venture over alleged fraud

A cryptocurrency mogul who has invested tens of millions of dollars in various enterprises tied to President Donald Trump and his family filed suit against...

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Business news • Apr 22

Exclusive | Lululemon Is Picking a Former Nike Executive to Be Its Next CEO

Heidi O'Neill is expected to begin in the role in September.

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Business news • Apr 22

SpaceX and Cursor have explored a team-up with Mistral to take on AI rivals

Musk has eyed a collaboration with French startup Mistral to help xAI catch Anthropic and OpenAI.

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Business news • Apr 22

Lululemon names former Nike exec Heidi O'Neill as new CEO

Lululemon announced on Wednesday that it has chosen former Nike executive Heidi O'Neill as its new CEO, effective in September.

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Business news • Apr 22

Tesla’s revenue rises again as it prepares for more AI and robotics

Tesla released its 2026 first-quarter financial earnings today, providing another look at the progress of Elon Musk's $1 trillion bet to transform his...

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Business news • Apr 22

Kevin Warsh, Trump’s Fed Pick, Has Tough Task Shedding ‘Sock Puppet’ Label

Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel concerns that he would cut interest rates to please President...

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Business news • Apr 22

Exclusive: Thoma Bravo nears agreement to turn software firm Medallia over to creditors, sources say

NEW YORK, April 22 (Reuters) - Private equity firm Thoma Bravo is nearing an agreement ​to hand over software firm Medallia to its lenders,...

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Business news • Apr 22

Lululemon Names Former Nike Executive O’Neill Its Next CEO

Lululemon Athletica Inc. named Heidi O'Neill its new chief executive officer on Wednesday as the athletic retailer looks to move beyond a turbulent period...

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Business news • Apr 22

Marijuana Could Be Reclassified As A Safer Drug Soon—Here’s Why

President Trump previously directed the Justice Department to reschedule the drug in a December executive order.

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Business news • Apr 22

Spirit Airlines nears deal with Trump administration for $500 million rescue package

Spirit Airlines, a discount carrier, has filed for Chapter 11 bankruptcy twice in under a year. It's in talks with the Trump administration for a bailout.

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Business news • Apr 22

Spirit Airlines close to a $500 million bailout from Trump administration

Spirit Airlines is close to getting a $500 million bailout from the federal government, according to a source familiar with the negotiations.

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Business news • Apr 22

Fair Isaac Stock Drops After U.S. Agencies Announce Alternative Credit Scores Can Be Used in Mortgage Decisions

Two of the U.S. government's main mortgage agencies will soon let borrowers use alternative credit scores to apply for loans—a move that could open the...

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Business news • Apr 22

Google Cloud launches two new AI chips to compete with Nvidia

Google Cloud on Wednesday announced that its eighth generation of custom-built AI chips, or tensor processing units (TPUs), will be split in two.

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Business news • Apr 22

Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits

The New York attorney general on Tuesday sued Coinbase and Gemini Titan, two cryptocurrency giants that have expanded into online betting, accusing them of...

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Business news • Apr 22

White House close to deal of up to $500m to rescue ailing Spirit Airlines

Rising costs have continued to plague the company, now facing soaring fuel costs due to the war with Iran.

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Business news • Apr 22

Deutsche Telekom and T-Mobile in early talks for mega merger, sources say

Deutsche Telekom is ​exploring a deal to combine with T-Mobile US TMUS.O and create a transatlantic telecoms giant in what would be the largest ever public...

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Business news • Apr 22

Google makes an interesting choice with its new agent-building tool for enterprises

Gemini Enterprise Agent Platform takes an interesting approach: It is geared for IT and technical users.

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Business news • Apr 22

Anthropic’s Mythos rollout has missed America’s cybersecurity agency

The Cybersecurity and Infrastructure Security Agency (CISA) doesn't have access to Anthropic's Mythos Preview, Axios reported.

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Business news • Apr 22

Anthropic investigating possible breach of its Mythos AI model

Anthropic is investigating a possible breach of Mythos, a new model the artificial intelligence company rolled out to a small pool of companies earlier this...

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Business news • Apr 22

AbbVie Selects North Carolina for New $1.4 Billion Manufacturing Campus

Marks AbbVie's largest-ever capital investment in a single campus since its inception; Investment demonstrates continued progress against AbbVie's $100...

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