Business news

Business news • Jun 15

Shipowners Seek Clarity on Hormuz Deal as 600 Vessels Eye Exit

A deal that could reopen the Strait of Hormuz within days has been met with caution among shipowners and traders, with many saying they would wait for more...

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Business news • Jun 15

U.S. stock futures jump on Iran deal to end the war; Japan's Nikkei surges 5%: Live updates

Stock futures are rising Sunday night to kick off the holiday-shortened trading week after President Donald Trump announced that an agreement had been...

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Business news • Jun 15

Oil prices slide after Pakistan announces deal between US and Iran

Oil prices fell in early trade in Asia on Monday after Pakistan, which has been mediating an end to the US-Iran war, announced a deal that President Donald...

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Business news • Jun 15

Anthropic Dispatches Staff to D.C., Racing to Resolve AI Export Restrictions

WASHINGTON—Anthropic is racing to resolve its latest conflict with the Trump administration, meeting with officials and dispatching top technical staff to...

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Business news • Jun 15

Gold rises 2% after US, Iran reach peace deal

June 15 (Reuters) - Gold rose 2% on Monday after U.S. and Iran officials said they had ‌reached a preliminary deal to end their conflict, pushing oil prices...

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Business news • Jun 15

Oil Executives Are Sounding the Alarm Over Dwindling Stockpiles

Even if the Strait of Hormuz soon reopens, it would likely take months for the U.S. to replenish its depleted oil inventories, keeping prices elevated.

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Business news • Jun 14

Oil prices fall on US-Iran agreement

Oil prices dropped on Sunday after President Donald Trump said an agreement with Iran had been reached and the United States would end its naval blockade on...

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Business news • Jun 14

Anthropic scrambles after Trump administration freezes its top AI models

The Trump administration's decision to force Anthropic to suspend its most advanced AI models, days after the $900bn company released them to the public,...

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Business news • Jun 14

Jim Cramer gives Elon Musk's SpaceX a ringing endorsement after Friday's historic debut

I view SpaceX as a company with some of the greatest optionality of any newly public entity.

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Business news • Jun 14

Strait of Hormuz oil backlog could take weeks to clear after US-Iran deal

Hundreds of ships stranded in the Gulf could take weeks to clear even if a US-Iran agreement reopens the Strait of Hormuz, with analysts warning that oil...

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Business news • Jun 14

Shares surge, oil skids in Asia on Gulf deal

SYDNEY, June 15 (Reuters) - Share markets surged in Asia on Monday while the dollar slipped and oil prices tumbled as a tentative ​peace deal between the...

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Business news • Jun 14

US Futures Climb, Oil Falls on Iran Peace Deal: Markets Wrap

Stocks and Treasuries rallied while oil fell to a three-month low after the US and Iran reached a deal to reopen the Strait of Hormuz, easing concerns over...

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Business news • Jun 14

Google CEO Sundar Pichai passes on AI in Stanford grad speech

For college commencement speakers this year, mentioning how artificial intelligence is changing the job market or the world in general has been a surefire...

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Business news • Jun 14

Startup CEO Charlie Javice is reportedly angling for a Trump pardon

Charlie Javice, the convicted Frank founder, is reportedly seeking a presidential pardon, with her camp quietly courting people close to the Trump...

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Business news • Jun 14

A warning from Amazon led the White House to shut down Anthropic’s Mythos model

Amazon's CEO reportedly raised the alarm about a jailbreak in Anthropic's Fable 5 model, triggering an unprecedented export control order and a fresh clash...

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Business news • Jun 14

The FBI built a small town to simulate cyberattacks

The FBI's Kinetic Cyber Range has fake a hotel, a gas station, and even its own data center for people to protest.

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Business news • Jun 14

Gas prices fall below $4 a gallon, GasBuddy says

Gas prices fell below $4 per gallon on Monday, GasBuddy said, crossing the milestone as oil costs eased in response to an agreement between the United...

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Business news • Jun 14

Donald Trump’s blocking of Anthropic is capricious and chaotic

“IT IS TIME to go beyond transparency to more serious and binding regulation of AI,” wrote Dario Amodei (pictured), the boss of Anthropic, a leading AI lab,...

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Business news • Jun 14

Donald Trump has cut off access to the world’s best AI model

“IT IS TIME to go beyond transparency to more serious and binding regulation of AI,” wrote Dario Amodei (pictured), the boss of Anthropic, a leading AI lab,...

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Business news • Jun 14

Scoop: Anthropic flies staff to D.C. to clean up White House fight

Senior technical Anthropic staff are in Washington to meet with White House officials to try to fix a dispute that has taken the company's top models...

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