Business news

Business news • Apr 03

Evacuation of U.S. troops from Mideast base sends community groups scrambling to help

Troops and their families have been pushed back to the United States after their bases in the Middle East were threatened by Iranian counterattacks.

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Business news • Apr 03

Big tech's next move is to put data centers in space. Can it work?

Standing before a friendly crowd in March, Elon Musk laid out his plan for the future of his companies, and it was literally out of this world.

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Business news • Apr 03

What it takes to retire comfortably in America: Nearly $1.5 million, Northwestern Mutual says

The price tag on a comfortable retirement keeps climbing—and most Americans are nowhere close.

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Business news • Apr 03

Tesla outraces China’s BYD in pure electric car sales to regain world’s top spot

Shrinking subsidies, new taxes sap China's EV demand, giving Tesla an edge in global deliveries for first time since fourth quarter of 2024.

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Business news • Apr 03

Friday briefing: Why does your Easter egg feel smaller? Because it is

In today's newsletter: Cocoa shortages, climate shocks and global conflicts have collided to ​make chocolate pricier than ever before.

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Business news • Apr 03

Trump labor board orders Amazon to bargain with Teamsters

The decision reawakens a long-running dispute between a union that represents workers at a Staten Island warehouse and the tech giant following a milestone...

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Business news • Apr 03

As Trump doubles down on Iran war, markets shudder and oil prices climb

Britain's Keir Starmer hosts a meeting of world leaders for talks on the waterway amid mounting pressure from the Trump administration to join the Iran war.

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Business news • Apr 03

Easter eggs stay pricey even as cocoa prices plunge

Consumers are paying more for chocolate eggs this Easter even as global cocoa prices tumble, as manufacturers try to recoup losses from a recent surge in...

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Business news • Apr 03

California gas prices are the highest in the U.S., but there's no proof of price gouging. Here's why.

For years, California leaders accused oil companies of price gouging at the pump, but a state investigation found no evidence of that. Instead, a CBS News...

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Business news • Apr 03

OpenAI Buys Streaming Show ‘TBPN,’ Aiming to Change Narrative on A.I.

For the past 18 months, every chief executive in Silicon Valley has clawed at the door to talk to “TBPN,” a streaming show focused on technology and...

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Business news • Apr 03

Outrage as Oracle files thousands of foreign-worker requests amid layoff bloodbath

As thousands of Oracle employees awoke on Tuesday to an email informing they were caught up in mass layoffs, they likely didn't know the tech company had...

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Business news • Apr 03

From hot sauces to cobbler, here’s what Artemis II astronauts are eating

Hot sauces, barbecued beef brisket, cake, 58 tortillas – here's a look at what the astronauts aboard Orion have to eat during their journey.

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Business news • Apr 03

Blue Owl Capital limits withdrawals after investors try to redeem $5.4bn

Private credit investment firm's move is latest sign of crumbling confidence in unregulated lending market.

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Business news • Apr 03

United Airlines checked bag fees climbs $10-50 as fuel prices nearly double since Iran war

United Airlines is raising checked bag fees by $10 starting with tickets purchased Friday, marking the airline's first bag fee hike in two years amid...

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Business news • Apr 03

Live Updates: Trump says Iran war will still take weeks, oil prices rise with no plan to open Strait of Hormuz

One market analyst says Trump warning the Iran war will take 2-3 more weeks, without a plan to reopen the Strait of Hormuz, "was far less than" investors...

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Business news • Apr 03

Federal government sues three states over their regulation of prediction markets

The federal government is suing Connecticut, Arizona and Illinois, challenging their efforts to regulate prediction market operators such as Kalshi and...

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Business news • Apr 02

AI And $20,000 Helped One Man Build A $1.8 Billion Telehealth Startup

When OpenAI CEO Sam Altman predicted in early 2024 that a one-person, billion-dollar company would emerge, most observers assumed it would be a pure AI play...

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Business news • Apr 02

Blue Owl Reels as Investors Who Fueled Its Growth Now Want Out

The top-line numbers from Blue Owl Capital Inc.'s funds were unambiguous and, by just about any measure, ugly. Investors sought to cash in more than 20% of...

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Business news • Apr 02

Amazon hits sellers with ‘fuel surcharge’ as Iran war roils global energy markets

The war in Iran has hammered global oil markets, with gas prices in the U.S. spiking significantly. Amid the rise in transportation costs, Amazon has...

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Business news • Apr 02

Tesla EV sales "underwhelming" as Elon Musk pivots to AI

Tesla's EV sales underwhelmed investors in Q1 — but the company doesn't seem to mind as CEO Elon Musk focuses on an AI-powered future.

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