Business news

Business news • Apr 14

JPMorgan blasts capital proposals, estimates 4% increase

The CEO and CFO of the biggest U.S. bank called for further changes to Basel III and G-SIB surcharge proposals, saying the latter is “still broken.”

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Business news • Apr 14

Leaked memo reveals what Disney CEO Josh D'Amaro told staff about coming layoffs

Disney is laying off employees less than a month into CEO Josh D'Amaro's tenure. Read the full memo from D'Amaro.

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Business news • Apr 14

Trump's pick for the next Fed Chair is worth over $100 million and married to a billionaire

New disclosures show that Kevin Warsh is worth well over $100 million and is invested in Polymarket.

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Business news • Apr 14

Attempted fire-bombing has tech titans worried about AI backlash

The attack at the San Francisco home of OpenAI CEO Sam Altman led some Silicon Valley figures to accuse AI critics of inspiring political violence.

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Business news • Apr 14

Pittsburgh Post-Gazette to stay in business under new nonprofit owner

The Pittsburgh Post-Gazette will live on past its slated May 3 closure date, thanks to a new deal with a nonprofit journalism organization.

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Business news • Apr 14

New York City to open municipal grocery store in 2027

The store will be one of five city-owned food stores Mayor Zohran Mamdani has promised to debut before his term ends.

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Business news • Apr 14

Goldman Sachs files for Bitcoin ETF that invests in other Bitcoin exchange-traded products

Goldman Sachs wants to launch an exchange-traded fund that gives investors exposure to bitcoin without directly holding the cryptocurrency, according to a...

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Business news • Apr 14

Disney to eliminate 1,000 jobs

Walt ​Disney 's new chief executive, Josh D'Amaro, announced layoffs in an email ‌to employees on Tuesday, as he looks to streamline the company's...

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Business news • Apr 14

Goldman Sachs files for bitcoin income ETF in crypto push

The bank is moving deeper into crypto with a bitcoin ETF that generates income by selling options on bitcoin-linked funds, following BlackRock's push into...

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Business news • Apr 14

Bessent suggests Fed should hold off on rate cuts for now amid war uncertainty

Treasury Secretary Scott Bessent on Tuesday signaled he had no objection to the Federal Reserve keeping interest rates on hold for now as officials monitor...

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Business news • Apr 14

Farm Bureau Survey Reveals Real Impact of Fertilizer Availability and Price | Market Intel

Fertilizer affordability challenges are most acute in the South and Northeast but remain a concern for farmers across all regions. Around 70% of respondents...

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Business news • Apr 14

NVIDIA Launches Ising, the World’s First Open AI Models to Accelerate the Path to Useful Quantum Computers

NVIDIA today announced the world's first family of open source quantum AI models, NVIDIA Ising, designed to help researchers and enterprises build quantum...

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Business news • Apr 14

Revealed: The world’s busiest airports for 2025

While only two European airports made the overall list, five made it onto the rankings for the busiest airports based on international arrivals and...

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Business news • Apr 14

JPMorgan Slams Rules That Would Spur $20 Billion Capital Hike

JPMorgan Chase & Co. warned that new regulatory proposals will force the bank to hold onto $20 billion more of capital, a move that Chief Executive Officer...

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Business news • Apr 14

Banks Press for More Capital Relief, Make Plans to Use Excess Capital

By Tatiana Bautzer. NEW YORK, ⁠April ⁠14 (Reuters) - As the ⁠largest banks expect to release billions ​in capital with regulatory reform, many are already...

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Business news • Apr 14

The 2026 Am Law 100: Ranked by Gross Revenue

Seven of the top 10 firms in our gross revenue ranking remained the same, though there was some shuffling.

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Business news • Apr 14

Lucid Motors names new CEO, lands more money from Uber and Saudis

Lucid Motors has finally found a new CEO in long-time industrial executive Silvio Napoli, marking the end of a more than year-long search following the...

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Business news • Apr 14

United Airlines CEO reportedly pitched merger with American, sparking competition fears

Critics warn of 'absolute disaster for the flying public' if two air travel giants try to combine.

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Business news • Apr 14

CrossBridge Bio Enters an Agreement to be Acquired by Eli Lilly to Advance Next-Generation Dual-Payload Antibody-Drug Conjugates

CrossBridge Bio's pipeline includes a potential best-in-class TROP2-targeting TOP1i/ATRi dual-payload ADC anticipated to enter the clinic in 2026.

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Business news • Apr 14

Rolls-Royce Project Nightingale Is An 18.9-Foot-Long Electric Convertible With Chrome Freakin' Tail Fins

Only 100 of these massive Coachbuild Collection droptops will be sold, offered by invite only to Rolls-Royce's most "discerning and design-literate"...

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