Breaking News: Business
Spirit Airlines could liquidate as early as this week, sources say
Spirit Airlines airplanes taxi on the tarmac at New York’s Laguardia Airport in the Queens borough of New York City, U.S., Nov. 7, 2025. Ryan Murphy | Reuters Spirit Airlines could liquidate as early as this week, according to people familiar with the matter. They spoke on the condition of anonymity to discuss matters that […]
Read More
Why India’s wealth is shifting from gold and property into startups
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email A wave of newly institutionalized family wealth and a $1.5 trillion inter‑generational transfer are steering more capital into private markets—especially startups. With foreign venture capital becoming more selective, India’s heirs, first‑generation founders and ESOP winners are filling early‑stage funding gaps through family […]
Read More
Ford EV chief leaving automaker amid new restructuring efforts
Doug Field, the chief EV, digital and design officer at Ford Motor, speaks at Louisville Assembly Plant as Ford shares its plans to design and assemble its “Universal Electric Vehicle” platform on August 11, 2025. Courtesy Ford DETROIT — Ford Motor‘s head of electric vehicles and software is leaving the automaker as it restructures its […]
Read More
For cruise lines, Iran conflict and oil prices threaten to dent profits
The Carnival Miracle cruise ship is anchored in the Pacific Ocean near Kailua Bay during a 15-day cruise, in Kailua-Kona, Hawaii, on Jan. 14, 2024. Kevin Carter | Getty Images The global cruise industry is reporting record demand and renewed consumer enthusiasm, but the leaders helming the world’s largest cruise companies say the sector is […]
Read More
Regulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, April 12, 2026. Trump attacked Pope Leo XIV for his criticisms of the US-Israeli war on Iran, calling the leader of the Catholic Church “WEAK on crime.” Photographer: Bonnie Cash/UPI/Bloomberg via […]
Read More
Tesla stock pops as Elon Musk touts chip progress
Tesla cars charge at a Tesla Supercharger station in Pasadena, California, March 30, 2026. Justin Sullivan | Getty Images Tesla stock rose more than 6% on Wednesday as CEO Elon Musk touted progress on the company’s forthcoming AI5 chip. Musk said in a post on his social network X on Wednesday that the chip has […]
Read More
Anthropic products are operational after brief outage, status page says
Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. Samuel Boivin | Nurphoto | Getty Images Anthropic on Wednesday said it experienced elevated error rates across […]
Read More
Anthropic products are operational after brief outage, status page says
Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. Samuel Boivin | Nurphoto | Getty Images Anthropic on Wednesday said it experienced elevated error rates across […]
Read More
Struggling shoe retailer Allbirds makes bizarre pivot from shoes to AI, stock explodes more than 300%
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. The move boosted shares of the miniscule market cap company by more than 300%. The shares, […]
Read More
Walmart is refreshing the look of Great Value, its largest private label brand
Walmart‘s largest private brand, Great Value, is getting a fresh look. Starting in May, the brand’s approximately 10,000 items that span from LED lightbulbs to gallons of milk and frozen chicken nuggets will hit the shelves in new packaging, the company announced Wednesday. Walmart first launched the brand in 1993 and hasn’t changed its look […]
Read More