Business news

Business news • Apr 17

Lies, Damned Lies and Economic Vibes

According to Donald Trump, the U.S. economy is doing great. We're enjoying a huge boom, there's no inflation, and we're all getting tax cuts.

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Business news • Apr 17

Tech Weekly: Markets Hit All-Time Highs as Strait of Hormuz Reopens

Keep on top of the markets with our round-up of this week's must-know news, including updates on the top tech stocks and ETFs, plus tech market catalysts to...

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Business news • Apr 17

Airline and cruise stocks soar, as ‘TACO’ gives way to ‘trust in Trump alone’

United Airlines, Royal Caribbean Group and other travel stocks surged on Friday to pace the S&P 500 index's gains, after Iran and U.S. President Donald...

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Business news • Apr 17

European stocks soar after Iran keeps Strait of Hormuz open; travel stocks gain 5%

European stocks rebounded sharply on Friday afternoon Iran said the Strait of Hormuz was open to commercial shipping.

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Business news • Apr 17

Stock futures are mixed after Trump says Iran war ‘should be ending pretty soon’: Live updates

President Donald Trump confirmed on Thursday that the leaders of Israel and Lebanon have agreed to a 10-day ceasefire after officials met in Washington.

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Business news • Apr 17

FAA to cut flights at Chicago O'Hare this summer. What this means

After significant delays last summer, Chicago O'Hare International Airport will see flight reductions. Here's what travelers need to know.

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Business news • Apr 17

Netflix shares dive as co-founder Reed Hastings steps away

Netflix shares plummeted more than nine percent Thursday as the TV streaming titan's quarterly earnings failed to impress investors and co-founder Reed...

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Business news • Apr 17

Federal officials order flight cuts at Chicago O’Hare to reduce airport delays

About 300 flights per day must be cut from the schedule at Chicago O'Hare International Airport on the busiest days this summer in an effort to reduce...

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Business news • Apr 17

F.A.A. Caps Flights at O’Hare Airport in Chicago to Cut Delays

The Federal Aviation Administration said on Thursday that it would limit daily flights at Chicago O'Hare International Airport this summer to reduce delays...

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Business news • Apr 17

QVC Files for Chapter 11 Bankruptcy, Plans to Restructure $6.6 Billion of Debt

The TV and video retailer's prepackaged bankruptcy was filed in U.S. Bankruptcy Court for the Southern District of Texas.

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Business news • Apr 17

FAA orders flight cuts at O’Hare amid airline arms race

The Federal Aviation Administration has ordered flight cuts at O'Hare International Airport this summer amid an ongoing turf war between United and American...

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Business news • Apr 17

What lagging jet fuel supplies could mean for airlines and travelers

A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel...

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Business news • Apr 16

Trump officials negotiating access to Anthropic's Mythos despite blacklist

The White House and Anthropic are in active discussions about deploying the AI firm's powerful new model, Mythos Preview, within the federal government...

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Business news • Apr 16

White House to give US agencies Anthropic Mythos access, Bloomberg News reports

April 16 (Reuters) - The U.S. government is planning to make a version of Anthropic's frontier AI model Mythos available to major federal ​agencies amid...

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Business news • Apr 16

FAA reducing scheduled flights at Chicago O'Hare International Airport this summer for concerns over safety, cancellation rates

The FAA announced it is reducing scheduled flights at Chicago O'Hare International Airport this summer over safety and cancellation concerns.

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Business news • Apr 16

Ted Sarandos Insists “No Palace Intrigue” Over Reed Hastings’ Netflix Exit & WBD Bid: “Reed Was A Big Champion For That Deal”

If anyone was looking for sharp elbows at Netflix between the now exiting Reed Hastings & his successors over the abandoned WB bid, Ted Sarandos has bad...

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Business news • Apr 16

Peptides may soon be easier to get amid RFK Jr's push, but experts warn of risks

The FDA will reportedly weigh easing restrictions on more than a half dozen peptide injections at an anticipated July meeting, according to the Associated...

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Business news • Apr 16

Reed Hastings Will Leave Netflix as Board Chairman

Reed Hastings, who transformed Netflix from a scrappy DVD subscription service into a globe-spanning Hollywood colossus, will step down in June from the...

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Business news • Apr 16

Netflix cofounder Hastings to step down after it lost Warner Bros deal

Netflix Chairman Reed Hastings is leaving the streaming service he cofounded 29 years ago as the company regains its footing after it lost its $72bn deal...

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Business news • Apr 16

Pentagon Seeks Help From Ford and G.M.

Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing...

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