Business news

Business news • Apr 21

Supreme Court arguments make it clear that FCC fines are "nonbinding"

FCC tells Supreme Court its fines are nonbinding unless a jury upholds penalty.

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Business news • Apr 21

AI hallucinated — and now an elite law firm is profusely apologizing to a federal judge

A partner at the elite Wall Street law firm Sullivan & Cromwell wrote an apology letter to a federal bankruptcy judge for a court filing that contained AI...

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Business news • Apr 21

Tim Cook is stepping down as CEO of Apple: Here's a look at his 15-year legacy, from new products and services to China expansion

Cook, who joined Apple in 1998, succeeded Steve Jobs as CEO in 2011 and went on to transform Apple into a $4 trillion powerhouse.

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Business news • Apr 21

Stock Market Today: Dow Falls As Oil Prices Rise, Trump Extends Ceasefire; These Gold Miners Fall (Live Coverage)

Stock Market Today: The Dow Jones index sinks Tuesday as oil rose. Gold stocks sell off as Pitney Bowes makes a giant move.

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Business news • Apr 21

Oil, Gas Whipsaw Post-Settlement as Trump Extends Iran Ceasefire

(Bloomberg) -- Oil and gas whipsawed in post-settlement trading as US President Donald Trump extended a ceasefire with Iran even as peace talks falter and a...

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Business news • Apr 21

Saving Spirit Airlines possibly puts 'good money after bad', Transportation head Duffy says

WASHINGTON, April 21 (Reuters) - U.S. Transportation Secretary Sean Duffy on Tuesday raised concerns about ‌using government funds to rescue low-cost...

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Business news • Apr 21

United Airlines slashes 2026 forecast as fuel costs surge

United Airlines cut its 2026 earnings forecast to an adjusted $7 to $11 a share, down from $12 to $14 a share at the start of the year, before the U.S. and...

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Business news • Apr 21

John Ternus says Apple is ‘about to change the world,’ teases new products

Apple CEO Tim Cook and incoming CEO John Ternus reportedly shared remarks today at an all-hands Apple meeting. Here's what Ternus said.

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Business news • Apr 21

Oil Futures Settle Higher With U.S.-Iran Talks Undecided

1532 ET – Crude futures rise with the market in suspense not knowing whether Iran will send a delegation to Pakistan for planned talks with the U.S. as the...

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Business news • Apr 21

Warsh says he got no pressure from Trump to cut rates even as president publicly pushes for them

President Donald Trump's nominee to chair the Federal Reserve says that he never promised the White House he would cut interest rates, even as the president...

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Business news • Apr 21

Report: Meta will train AI agents by tracking employees’ mouse, keyboard use

Meta will begin tracking the mouse movements, clicks, and keystrokes of its US employees to generate high-quality training data for future AI agents,...

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Business news • Apr 21

Analysis: Warsh emerges from a difficult hearing with his Fed 'regime-change' plan intact

Fed chair nominee Kevin Warsh faced a grilling from the Senate Banking Committee focused on his independence from President Donald Trump and his murky...

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Business news • Apr 21

Faster attacks, quicker exploits: Early testers of new AI models warn of their new abilities

Companies with access to the limited-release models say they're impressed with their speed and ability to generate proof-of-concept exploits.

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Business news • Apr 21

Starbucks announces new Nashville headquarters, will add or relocate 2,000 jobs

Starbucks is investing $100 million in a Nashville headquarters and adding or relocating 2000 support jobs to the new location, the company announced during...

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Business news • Apr 21

FDA Approves Merck’s Once-Daily IDVYNSO™ (doravirine/islatravir)

IDVYNSO is approved for adults with virologically suppressed HIV-1 with no history of virologic treatment failure and no known substitutions associated with...

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Business news • Apr 21

Internal emails show how Amazon raises prices across the Internet, lawsuit says

Newly unsealed emails reveal the sneaky ways that Amazon colludes with rivals to raise prices across the Internet on “everything from diapers to clothing to...

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Business news • Apr 21

New Amazon Price Target After $25 Billion Anthropic Update

By now, I am sure that most of you have read the news. On Monday afternoon, Amazon($AMZN) announcedthat the firm would invest a cool $5 billion in AI st...

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Business news • Apr 21

3 takeaways from a fiery hearing to confirm Trump’s Fed chief pick

Confirmation hearings for Federal Reserve chairs are usually staid, rubber-stamp affairs. Not this one. Democrats and one key Republican from the Senate...

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Business news • Apr 21

Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

During the pandemic, housing markets in Florida and Texas enjoyed a surge in popularity. Unencumbered by office attendance, remote workers headed south to...

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Business news • Apr 21

Live updates: Kevin Warsh says he will not be Trump's 'sock puppet' if confirmed as Fed chairman

Kevin Warsh, Trump's choice to replace Jerome Powell as head of the Federal Reserve, faced questions from lawmakers.

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