Business news

Business news • Mar 30

Government Bonds Rally Around the World on Slowdown Concerns

(Bloomberg) -- Sovereign bonds rose around the world as concern the Middle East conflict will derail global economic growth revived demand for beaten-down...

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Business news • Mar 30

MBTA announces free Fridays, half‑price commuter rail passes for busy summer travel season

BOSTON — Riding the MBTA commuter rail will be cheaper this summer under a series of new promotions announced by state leaders, aimed at encouraging more...

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Business news • Mar 30

AI chip startup Rebellions raises $400 million at $2.3B valuation in pre-IPO round

Fresh off a successful Series C funding round in November, the South Korean fabless AI chip startup Rebellions has raised an additional $400 million.

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Business news • Mar 30

Plastic is the hidden cost of the war in Iran

Experts are warning that consumers will see a rise in prices for a variety of plastic consumer goods due to the war with Iran. Plastic products are partly...

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Business news • Mar 30

Starcloud raises $170 million Series A to build data centers in space

Starcloud becomes the fastest Y Combinator startup to reach unicorn status, just 17 months after demo day.

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Business news • Mar 30

Travelers rattled after flight to O'Hare is diverted to Detroit due to unruly passenger

A plane full of passengers finally made it to Chicago Sunday night, after their flight from New York was diverted to Detroit because of an unruly passenger.

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Business news • Mar 30

Powell says Fed can 'wait and see' how war affects inflation

Federal Reserve Chair Jerome Powell on Monday said the U.S. central ​bank can wait to see how the Iran war affects the economy and inflation,...

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Business news • Mar 30

US oil settles above $100 for first time since 2022 after Trump says he wants to ‘take the oil’ in Iran and Houthis join war

Oil prices rose Monday, with US crude oil settling above $100 per barrel for the first time since July 2022, after comments by President Donald Trump and...

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Business news • Mar 30

Who's winning under Trump's tariff policy?

One year after Trump's "Liberation Day" tariffs, global trade flows have shifted. Trade data shows which countries gained, which lost — and who is footing...

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Business news • Mar 30

India Unleashes Curbs on Rupee Bets as Intervention Costs Swell

India took one of its most forceful steps in over a decade to curb speculative bets against the rupee, triggering a short squeeze.

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Business news • Mar 30

Oil prices rise as Iran war escalates with Houthi attacks on Israel

Oil prices climbed above $116 per barrel after markets opened Sunday, as Iran-backed Houthi militants fired missiles and drones at Israel over the weekend...

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Business news • Mar 30

Asia Depends on L.N.G. From the Middle East. This Is What Happens When It Runs Out.

With a cutoff in shipments imminent, Asian countries, the biggest importers of liquefied natural gas from the Middle East, are already burning more coal and...

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Business news • Mar 30

Eli Lilly, InSilico Strike AI Drug Discovery Deal

The partnership grants Lilly exclusive worldwide rights to a portfolio of programs across multiple therapeutic areas.

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Business news • Mar 30

Jump on the Dip or Get Out Now? Jefferies Weighs in on Amazon Stock (AMZN)

Amazon (NASDAQ:AMZN) stock has frustrated investors this year, down about 14% as sentiment has weakened, pressured by concerns around elevated AI capex and...

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Business news • Mar 30

Gas prices surge across Bay Area, with Marin County highest in nation

As gas prices continue to climb across the Bay Area, lawmakers are considering a temporary suspension of the federal gas tax, an idea that could save...

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Business news • Mar 29

Behind the Wheel of Aston Martin’s $1 Million Supercar for Normies

It's one thing to be a high-dollar, high-power whip — it's another to be one that's actually drivable.

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Business news • Mar 29

MU vs. NVDA vs. AMD: Which Chip Stock Has the Best Upside Potential, According to Wall Street?

Technology stocks, including stocks of chip companies, have been under pressure recently amid geopolitical tensions in the Middle East.

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Business news • Mar 29

Coca-Cola bottles have yellow caps again — here’s why people are stocking up

They're back. If you spotted a slew of Coca-Cola bottles with yellow caps instead of their usual red caps sitting on shelves while on a recent grocery store...

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Business news • Mar 29

Sora isn’t the only thing OpenAI shut down this month

On Tuesday, OpenAI announced that the company is shutting down Sora, its AI-generated video app. The iPhone app only arrived in September,...

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Business news • Mar 29

Daughter of Air Canada flight attendant ejected from crash provides update, details mother's injuries

An Air Canada flight attendant who survived being thrown from a plane during last week's deadly runway collision at New York's LaGuardia Airport has been...

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