Business news

Business news • Apr 02

Shoe brand once worth $4B closes all stores, avoids bankruptcy

After issuing a going concern warning, the brand shut all stores yet avoided bankruptcy, showing the dangers of rapid DTC growth.

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Business news • Apr 02

Best Amazon Spring Sale Deals Under $25: Cheap Finds Worth Buying

Amazon has dozens of items to fill your Easter basket, from toys to tech to everyday essentials.

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Business news • Apr 02

US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

U.S. oil prices settled more than 11% higher and Brent soared nearly 8% on Thursday in volatile trading, as ​traders worried about prolonged disruptions to...

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Business news • Apr 02

Stocks sink, oil surges as Trump vows to keep hitting Iran

Markets recoiled on ​Thursday as war jitters over Iran deepened, with stocks sliding, oil surging and the dollar firming after U.S. President ‌Donald Trump...

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Business news • Apr 02

Roadway outdoor dining is back in NYC for 2026, but it's only a slice of what it once was

It's finally warming up in New York City, and that means it's time to eat in the street. The city's roadway cafes are returning.

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Business news • Apr 01

The SpaceX IPO is great — but it won’t deliver 100x returns

With SpaceX filing for an initial public offering, the tone in markets is unmistakably bullish. Analysts are already calling it “one of the year's...

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Business news • Apr 01

Amazon in talks to buy $9 billion satellite group Globalstar, FT reports

Amazon is in talks to acquire satellite telecom group Globalstar , as ​the tech giant ramps up efforts ‌to build its own low-earth-orbit satellite business,...

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Business news • Apr 01

Amazon in talks to buy $9bn satellite group Globalstar in bid to rival Elon Musk’s Starlink

Ecommerce giant is trying to catch up with SpaceX's low Earth orbit internet service.

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Business news • Apr 01

Anthropic took down thousands of GitHub repos trying to yank its leaked source code — a move the company says was an accident

Anthropic executives said it was an accident and retracted the bulk of the takedown notices.

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Business news • Apr 01

'Uncle Larry’s biggest fan' cut by email in early morning Oracle layoff spree

By his third failed attempt to log into Oracle's VPN on Tuesday morning, a decades-long employee of the company started to get a bad feeling.

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Business news • Apr 01

Inside the hours when coders tore through Claude's guts and found pets, spinner verbs, and a curse chart

Sigrid Jin woke up to chaos and shipped "Claw Code" by breakfast. Here's everything it taught the world.

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Business news • Apr 01

The Protocol: Quantum computing could break Bitcoin sooner, says Google

Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, a reporter at...

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Business news • Apr 01

Tech stocks today: Anthropic does damage control after Claude leak, Iran threatens Big Tech operations

Tech stocks rose on Wednesday as markets staged a comeback to end the first quarter on a high note after a brutal March. Shares of Apple (AAPL),...

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Business news • Apr 01

SpaceX files to go public, paving way to make Elon Musk first trillionaire

Company has captured public attention through vast network of satellites and focus on space exploration.

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Business news • Apr 01

Trading Day: April fool of hope

ORLANDO, Florida, April 1 (Reuters) - Stocks rose on Wednesday and oil and the dollar fell on continued optimism that de-escalation in the Middle East is...

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Business news • Apr 01

G.M. Reports Sharp Decline in Car Sales Amid War and High Prices

Toyota, Honda and Hyundai reported drops in March. Some blamed gasoline prices.

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Business news • Apr 01

F.D.A. Approves New Eli Lilly Weight-Loss Pill, Foundayo

The Food and Drug Administration on Wednesday approved a new weight-loss pill, the latest addition to a fast-growing field of powerful obesity drugs.

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Business news • Apr 01

Hyundai teases first pickup with Boulder concept

Hyundai's reveal of the rugged Boulder concept vehicle at this week's New York International Auto Show is proof that automotive trade shows can still...

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Business news • Apr 01

Food pantries serving nearly 40 Minnesota communities suddenly close

Ruby's Pantry had 37 locations across Minnesota, mostly in rural areas, and also had food shelves in communities in Iowa, Wisconsin and North Dakota.

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Business news • Apr 01

Intel to Pay $14 Billion to Buy Back Apollo Stake in Ireland Plant

Intel Corp., the chipmaker aiming to restore its manufacturing prowess, agreed to pay $14.2 billion to buy back half of a plant in Ireland that it had...

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