Business news

Business news • Jun 21

Jets were 300 feet apart in Boston close call that forced Delta flight to abort landing, expert says

BOSTON (AP) — A Delta Air Lines jet was roughly 300 feet from an American Airlines plane during a close call at Boston's airport that forced the Delta...

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Business news • Jun 21

Purse Strings Aren't Quite Snipped for Gen X, Millennials

The older members of Gen X may be hovering around 60, but a significant chunk are still on the family payroll. New survey data from Northwestern Mutual...

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Business news • Jun 21

Are You ’Mass Affluent’ Not ‘Truly Rich’? Sorry, Your Wealth Manager Might Be AI Now

The world of finance is automating, but if you're rich enough, it's reportedly more human than ever.

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Business news • Jun 21

Morgan Stanley says homebuyers face a harsh reset

The bank's senior economist sees a structural reset, not a temporary squeeze.

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Business news • Jun 21

Ford City Mall closes by June 22 after city of Chicago files emergency motion over fire suppression system concerns, judge's order

The Ford City Mall closed ahead of June 22 after a judge granted the city of Chicago's emergency motion over fire suppression system concerns.

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Business news • Jun 21

The Entire Micron Investment Thesis Comes Down to This One Number

Most investors focus on how many AI chips companies like Nvidia sell to gauge AI demand. But Micron investors may want to watch a different number.

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Business news • Jun 21

Hormuz Crisis Sparks a Middle East Pipeline Boom

The Hormuz blockade exposed the vulnerability of Gulf energy exports, prompting major producers to accelerate pipeline projects that bypass the strait and...

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Business news • Jun 21

China's Z.ai open-sourced a frontier coding model the same day Washington banned its American rival

Z.ai released GLM-5.2, a 744-billion-parameter open-weights model under MIT license, on the same day the US banned Anthropic's Fable 5 for foreign users.

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Business news • Jun 21

Chevrolet unveils ‘most powerful Silverado ever’ with new V8 engines, high-tech cabin

Chevrolet unveiled the 2027 Silverado 1500 with new V8 engines, a redesigned exterior and advanced technology, calling it the "most powerful" Silverado...

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Business news • Jun 21

What is GLM-5.2? Another open-source Chinese AI model has Silicon Valley's attention.

GLM-5.2, a new open-source Chinese AI model for long-form coding tasks, is turning heads among Silicon Valley's AI elite.

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Business news • Jun 21

Tesla Driver Using Autopilot Crashes Into Home in Texas and Kills a Woman, Officials Say

The driver told investigators he was using the vehicle's automated-driver system when the vehicle left the roadway and crashed into a house in Harris County...

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Business news • Jun 21

GM replaces more than 1,000 workers with 50 robots at flagship Detroit plant: ‘We’re disgusted’

General Motors has gutted its electric-vehicle ambitions and killed more than 1000 jobs at its flagship Detroit assembly plant — replacing those workers...

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Business news • Jun 21

I Seriously Need These 39 People To Leave Their Husbands And Boyfriends As Soon As Humanly Possible

1. This boyfriend who ironed his nice shirt on his partner's dining room table: Person cleaning a wooden table with stained surface, holding a cloth in one...

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Business news • Jun 21

Bond Traders Burned by Fed’s Pivot Look to Prices Gauge, Oil

Bond traders, recently forced to reposition for the possibility of higher interest rates ahead, are looking to this week's personal spending data for an...

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Business news • Jun 21

Ken Griffin fires back at Mamdani, says business leaders must 'fight for their city'

Citadel founder Ken Griffin urges New York business leaders to speak up against Mayor Zohran Mamdani, warning the city could empty of talent if they stay...

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Business news • Jun 21

Kevin Warsh’s push to axe Fed guidance may lift US borrowing costs, investors warn

Kevin Warsh's push to axe the Federal Reserve's guidance on the direction of monetary policy could increase volatility in the Treasury market and drive...

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Business news • Jun 21

Former Florida hospital CEO accused of funneling $14M for ‘lavish lifestyle’

Palmetto General and other South Florida hospitals are caught in the crosshairs of a legal showdown between two health executives that began earlier this...

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Business news • Jun 21

76-year-old woman killed when a Tesla ‘running on auto-pilot’ crashed into her Texas home

The 76-year-old was 'super healthy' and 'would have made it to 100,' her daughter said.

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Business news • Jun 21

Federal Regulators Want Stablecoins to Keep Working Without ID Checks

Federal regulators in the United States have finally shown their hand on one of the biggest unanswered questions around stablecoin policy, and the answer is...

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Business news • Jun 21

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