Business News
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OpenAI reports surging revenue to $10 billion alongside heavy operating losses
OpenAI shares financial results showing a 50 percent jump in quarterly revenue, but heavy infrastructure costs leave operating…
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Bernie Ecclestone: From F1 Supremo to Suspended Sentence for Tax Fraud
The F1 patriarch’s empire crumbled after Liberty Media’s takeover, culminating in a 2023 tax fraud conviction and suspended…
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Elon Musk’s Tesla-SpaceX merger gambit: Why Wall Street now bets on a 2027 deal
Analysts say a potential merger could reshape AI, aerospace, and automotive—but Musk’s timing and shareholder hurdles remain critical…
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Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road
SAN FRANCISCO, October 16 — Enphase Energy and SolarEdge Technologies are facing mounting pressure as uncertainty over the…
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PC Shipments Fall 20.1% in Q3 2026 as Early Stockpiling and High Prices Cut Demand
NEW YORK, October 11 — Global personal computer (PC) shipments plunged by a staggering 20.1 percent in the…
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Trump Says Russia Will Supply Diesel to US and Global Markets as Allies Object
NEW YORK, October 10 — Former U.S. President Donald Trump has claimed that Russia had agreed to supply…
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Tariffs’ Impact on Consumer Prices: Mechanism Explained
WASHINGTON, July 25 — The tariff, that most venerable of trade weapons, is having a moment once again…
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Connecticut Payrolls Slip by 300 in August as Business Group Warns of Worker Shortage
HARTFORD, September 19 — Connecticut’s labor market contracted for an eighth straight month in August, the state Department…
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Carlos Ghosn: The Auto Titan Who Fled Japan to Escape Trial
“The 30 minutes waiting in the box on the plane, waiting for it to take off, was probably…
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Leaked Morgan Stanley Document Reportedly Lists More Than 100 Potential Deals, Mostly in Asia
NEW YORK, September 25 — Morgan Stanley accidentally exposed a list of roughly 100 potential merger and acquisition…
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Why Strong PMI Data Sent Stocks Lower in September 2026
NEW YORK, September 24 — The Nasdaq Composite fell 1% on Wednesday, September 23, one day after closing…
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Decatur Woman Sentenced to Ten Years in $158K Email Scam
DECATUR, September 23 — A Decatur woman will serve time behind bars for her part in a business…
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Missouri Adds 2,100 Jobs in August as Unemployment Falls to 3.5 Percent
JEFFERSON CITY, September 22 — Missouri added 2,100 nonfarm payroll jobs in August 2026, lifting total employment to…
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Lululemon Q2 Results Include Tariff Refunds as Demand Stays Weak
NEW YORK, September 19 — Lululemon Athletica has reported second-quarter results that included tariff refunds, even as demand…
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Boeing’s Air Force Contract Ceiling Rises $13.4 Billion for Japan and Israel Sales
SEATTLE, September 18 — The Boeing Co. has been handed a $13,400,000,000 ceiling modification to an existing contract,…
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GameStop Starts Reopening Closed Stores, With First Confirmed in Ohio on Sept. 11
GRAPEVINE, Texas, September 12 — GameStop is reopening recently closed stores nationwide, the company confirmed, a move that…
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Government Admits Post Office Misjudged Scale of Horizon Scandal Compensation Claims
LONDON, September 10 — The Post Office did not grasp the scale of the Horizon IT scandal until…
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Ollie’s Beats Earnings Estimates on Tariff Refunds While Sales Miss Forecast
NEW YORK, September 10 — Ollie’s Bargain Outlet Holdings reported second-quarter results that beat analyst earnings estimates while…
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Microsoft names Miki Tsusaka, Yang Hou to lead Asia business
REDMOND, Wash., Sept. 5 — Microsoft is splitting leadership of its Asia business between two executives, a move…
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KPMG whistleblower exposes systemic misconduct, was turned away
CANBERRA, Sept. 4 — Australia’s corporate regulator closed a whistleblower complaint against KPMG within days of receiving it,…
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Australian Businesses to End Card Surcharging on October 1
Sydney, September 1 — The Reserve Bank of Australia has announced significant changes to the way businesses handle…
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India’s Formal Credit Penetration Doubles in a Decade
MUMBAI, July 30 — India’s formal retail credit penetration has more than doubled over the past decade, according…
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Shrinkflation: Packages Shrink as Costs Rise Worldwide
Against the backdrop of persistently high input costs, a quiet but consequential economic phenomenon is reshaping supermarket shelves:…
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Inside Manufacturing Costs: The Three Pillars of Production Expenses
CHICAGO, July 25 — Manufacturing cost is more than a line item on a balance sheet. It is…
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CoreWeave’s GPU-backed debt fuels AI growth but triggers bond market fears
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Wall Street Reassesses AI Valuations as Market Wobbles Highlight Debt Risks
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Anthropic Delays IPO as Gartner Data Shows AI Costs Outrunning Projected Revenue
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Nidec Machine Tool Launches MVR-5X Double-Column Five-Axis Milling Machine
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AppLovin Hit With Securities Class Action Over Alleged Misstatements on AI Model Strength
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Asian Stocks Mixed as Investors Weigh Nvidia Fallout and Leadership Exit
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Tether Gold’s KPMG Audit Sets New Verification Standard for Tokenized Commodities
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US Market Volatility Persists as Investors Debate if Tech Selloff Has Bottomed
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Nvidia shares fall 3% as traders open $9.1M short on Huang spy scandal
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Japan Tobacco’s 272-yen dividend at risk as Putin seizes Russian assets, stock crashes 19%
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How European Airlines Use Financial Hedging to Weather Surging Fuel Costs
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How the Century-Old Jones Act Shapes Fuel Costs and Regional Shipping in Hawaii
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How Router Failures and Outdated Tech Triggered the Nationwide FAA Ground Stop
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Why Soaring Jet Fuel Costs and Surging Demand Mean High Airfares Are Here to Stay
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Private Equity Takeover of easyJet Risks Higher Fares and Service Cuts
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Copper Faces Tug-of-War Between Macroeconomic Headwinds and Structural Shortages
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Inside Archer-Daniels-Midland’s Strategy for Scaling Global Agribusiness
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How Shifting Macroeconomic Conditions Are Reshaping Global Commodity Market Allocations
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China’s New Trade Corridors: How State-Backed Buying Bypasses U.S. Commodity Suppliers
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How Nigeria’s Lithium Factories Could Reshape Africa’s EV Battery Costs and Energy Security