Business news

Business news • Apr 10

Equities mixed, oil dips in cautious trade ahead of US-Iran talks

NEW YORK/ LONDON, April 10 (Reuters) - Equities were mixed ​on Friday and oil prices dipped as investors anxiously awaited U.S.-Iran talks scheduled for the...

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Business news • Apr 10

USPS to suspend pension contributions, seeks 4-cent stamp price hike

If approved by regulators, the price of a first-class mail Forever stamp would rise from 78 cents to 82 cents.

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Business news • Apr 10

White House Warned Staff Not to Engage in Insider Trading Amid War With Iran

The White House issued a warning to staff last month against using insider information on the Iran war to bet on financial markets, a White House official...

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Business news • Apr 10

Bagpocolypse: American, Alaska, United, Delta, and Southwest all raise checked bag fees

Alaska has become the last bigUS carrier to announce it would increase the fee of checked bags. The first week of April is now an official bagpocolypse.

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Business news • Apr 10

Bitcoin Creator Satoshi Nakamoto’s True Identity Has Been Revealed. Or Has It?

We know for sure the creator of Bitcoin was someone named Satoshi Nakamoto, although everyone is pretty sure that was a pseudonym. It's been a bit since we...

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Business news • Apr 10

Anthropic Model Scare Sparks Urgent Bessent, Powell Warning to Bank CEOs

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest...

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Business news • Apr 10

OpenAI Backs Bill That Would Limit Liability for AI-Enabled Mass Deaths or Financial Disasters

OpenAI is throwing its support behind an Illinois state bill that would shield AI labs from liability in cases where AI models are used to cause serious...

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Business news • Apr 10

The Haters Are Back for Palantir Stock

Palantir Technologies shares fell 7.3% Thursday to their lowest close in more than a month. Fears that newer artificial-intelligence technology will leave...

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Business news • Apr 09

A ‘Good Thing’ Satoshi Nakamoto Is Still A Mystery, CZ Says

The identity of Bitcoin founder Satoshi Nakamoto is still a mystery after 17 years and numerous suspects.

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Business news • Apr 09

Apple is closing three US stores, including the first to unionize

Apple is closing three of its retail stores this summer, including its first location to unionize. The tech company said it plans to permanently close Apple...

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Business news • Apr 09

McDonald’s CEO taste test saga just got a second chapter

McDonald's CEO Chris Kempczinski went viral for a hesitant Big Arch bite, watched rival chains pile on, blamed his mother's table manners,...

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Business news • Apr 09

Anthropic’s powerful new AI model raises concerns about high-tech risks

Anthropic announced that it has started a very limited test of its newest AI model called Mythos. It's a model deemed so powerful that the company warned it...

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Business news • Apr 09

Travelers face higher costs and fewer flight options as jet fuel prices swing

Air travelers are facing a new reality of higher fees, fewer flights and tough choices about whether a trip is worth the cost.

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Business news • Apr 09

PR Roundup: McDonald's CEO's McNugget Meltdown, YouTube Dominates Influence and Nutella Goes to Space

PR Roundup features the McDonald's CEO who can't seem to catch a social media break a new report revealing which brands are most influential, and a jar of...

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Business news • Apr 09

S&P 500, Nasdaq Extend Win Streaks Amid Ceasefire Hopes; 3 New Breakouts To Watch

The S&P 500 and Nasdaq composite extend win streaks Thursday amid Iran ceasefire hopes. Three new breakouts include Applied Materials.

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Business news • Apr 09

Has the cease-fire rally pushed stocks too high, too quickly?

Investors are hopeful that the worst of the Middle East conflict may be over as markets have stabilized in the wake of a cease-fire.

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Business news • Apr 09

McDonald’s CEO blames his viral tiny burger bite on his mom

McDonald's CEO Chris Kempczinski says his mother and her lessons on manners is to blame following the Big Arch burger taste test controversy.

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Business news • Apr 09

Volkswagen Shuts Down Tennessee Plant’s EV Production at the Worst Possible Time

The American EV industry continues to shrink, even while gas prices soar.

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Business news • Apr 09

Volkswagen drops all-electric ID.4 in the US in pivot back to gas SUVs

Volkswagen will no longer produce the all-electric ID.4 at its U.S. factory in Chattanooga, Tennessee, as the German automaker shifts its resources into...

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Business news • Apr 09

xAI sues Colorado over first state AI anti-discrimination law

Elon Musk's xAI has filed a lawsuit challenging Colorado's landmark AI bill as the Trump administration and leading industry players try to stop US states...

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