Business news

Business news • Jun 15

Fox to Acquire Roku, Joining the Battle for the Living Room

The $22 billion deal is one of the biggest moves yet by Lachlan Murdoch, who took over for his father as chairman of Fox in 2023.

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Business news • Jun 15

Nvidia joins Wall Street's AI funding wave

Nvidia is the latest company to tap Wall Street for the AI boom it helped create.

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Business news • Jun 15

Trump trusts Fed Chair Kevin Warsh. It matters for more than interest rates

New Fed Chair Kevin Warsh is expected to hold interest rates steady this week, but President Donald Trump's trust gives him room to pursue longer-term...

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Business news • Jun 15

Nvidia Is Selling Debt for the First Time in Five Years. Why the Stock Is Jumping.

Nvidia stock rose as it outlined plans to issue investment-grade corporate bonds for the first time since 2021.

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Business news • Jun 15

Deal to Reopen Hormuz Kicks Off Long Effort to Ease Energy Crisis

The long-awaited deal to reopen the Strait of Hormuz brought quick relief to the oil market, sending prices to their lowest levels since early March.

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Business news • Jun 15

Chipmaker Nvidia seeks to raise over $25bn in first bond deal since 2021

Chipmaker Nvidia is planning to sell $25bn of investment-grade debt in the US on Monday, its first bond sale in five years, in a test of investor appetite...

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Business news • Jun 15

US saw risk of Anthropic models being diverted to foreign military intelligence

U.S. Commerce Secretary Howard Lutnick said he took action against Anthropic's latest Mythos and Fable AI models because officials ‌feared they could be...

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Business news • Jun 15

Nvidia Joins AI Borrowing Frenzy With $25 Billion Bond Sale

Chipmaking giant Nvidia Corp. sold $25 billion of high-grade bonds, joining a wave of jumbo debt offerings from tech heavyweights as investors clamor to get...

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Business news • Jun 15

3,600 stock trades in 3 months: Breaking down Trump's flurry of investment moves

President Trump's investment accounts traded between $212 million and $695 million in stocks and other securities in the first three months of the year — an...

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Business news • Jun 15

How long will it take gas prices to return to pre-war levels now that peace deal has been announced?

HOUSTON — The U.S. and Iran reached an initial peace deal over the weekend that would lead to the opening of the Strait of Hormuz. So, what does that mean...

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Business news • Jun 15

People Living Near xAI’s Dirty Data Centers Are Right Pissed About the SpaceX IPO

Elon Musk's worth tops $1 trillion as rural communities fight to rein in his gas turbines.

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Business news • Jun 15

FOX CORPORATION TO ACQUIRE ROKU, INC.

Combination Creates a Scaled Media and Technology Platform with Superior Reach, Engagement and Monetization Capability. Unites FOX's Premium Live Content...

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Business news • Jun 15

KFC's The Colonel gets a subtle makeover in new rebrand

KFC has announced one of its biggest ever rebrands, which spans every touchpoint around the world. The new look was created by JKR, the agency behind the...

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Business news • Jun 15

Lessons from the Original Tech Bubble

As the SpaceX I.P.O. kicks off what is expected to be a wave of A.I. offerings, a new book turns to another speculative era—the railroad boom that...

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Business news • Jun 15

10-year Treasury yield slides as Iran deal drives rethink on Fed interest rate hikes

The 10-year Treasury yield fell on Monday following the announcement of a preliminary peace agreement between Washington and Tehran.

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Business news • Jun 15

Exclusive | Mining Tycoon Gina Rinehart Buys Over $1 Billion SpaceX Stake

Hancock said it is interested in working with SpaceX in the future.

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Business news • Jun 15

Gas prices drop in Connecticut, but experts say full decline will take months

Gas prices have been declining for weeks following a reported deal with Iran, but experts said it will take several months before they drop to pre-war...

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Business news • Jun 15

Cyber experts warn Fable limits aid attackers and hurt defenders

Former Facebook cyber head defends Anthropic in an open letter.

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Business news • Jun 15

Oil and gas supplies could take months to return to normal after Iran deal, energy experts say

High oil and gasoline prices and energy supply problems won't be solved overnight, despite an agreement to end the Iran war, experts say.

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Business news • Jun 15

Hormuz Reopening Would Offer Relief for Asia, but Economic Scars Will Remain

A potential U.S.-Iran agreement to reopen the Strait of Hormuz would offer near-term relief for Asia, the region outside of the Middle East that has borne...

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