business news
Construction on Trump’s White House ballroom can continue for now, U.S. appeals court says
US President Donald Trump holds a rendering of the East Wing modernization as he speaks to reporters aboard Air Force One en route to Joint Base Andrews, Maryland, on March 29, 2026. Mandel Ngan | Afp | Getty Images A federal appeals court is allowing President Donald Trump to continue building a $400 million ballroom […]
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Egypt’s Talaat Moustafa Group to build $27 billion city east of Cairo
Photo taken on March 25, 2026 shows a view of Cairo, the capital city of Egypt. Xinhua News Agency | Xinhua News Agency | Getty Images Egypt’s Talaat Moustafa Group (TMG) will build a new 1.4 trillion Egyptian pound ($27 billion) mixed-use city east of Cairo, CEO and Managing Director Hisham Talaat Moustafa said at […]
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Justice Department refuses to assist French probe into Musk’s X, WSJ reports
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images The U.S. Justice Department has told French law enforcement it will not assist with efforts to investigate tech billionaire Elon Musk’s social media platform X, The Wall Street Journal reported on Saturday, citing a letter from the DOJ’s Office of International Affairs, […]
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Trump signs order to speed review of psychedelics, including the controversial drug ibogaine
President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks. Ibogaine is banned under the federal government’s most restrictive category for illegal, high-risk drugs. But the administration is taking steps to […]
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Here are 3 forces that drove a remarkable, record-setting week on Wall Street
You can call it a comeback. Stocks rocketed to record highs last week on hopes of a peace deal with Iran, with the S & P 500 closing above 7,100 for the first time and the Nasdaq completing its longest-winning stretch since 1992 — 13 days of gains. For the week, the broad-based S & […]
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India’s ICICI Bank profit beats estimates on strong loan growth, lower provisions
India’s ICICI Bank reported a stronger-than-expected rise in fourth-quarter profit on Saturday, driven by robust loan growth and lower provisions for bad loans. The country’s second-largest private lender by market capitalisation posted a standalone net profit of 137.02 billion Indian rupees ($1.48 billion) for the three months to March 31, up from 126.30 billion rupees […]
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Nvidia’s once-tight bond with gamers is cracking over AI, ‘and that breaks my heart’
For its first 30 years, Nvidia wasn’t a household name unless you were a gamer. Now, some of its original fan base feel left behind as artificial intelligence has made the chipmaker the world’s most valuable company. “The gaming segment is no longer the driving force of the company. There was one point when it […]
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‘It’s just scale’: Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers
Derek Sylvester with members of his family, team and mascot Molly, who was featured on the dealership’s logo. Courtesy Sylvester Chevrolet Derek Sylvester’s father built the family’s original Chevrolet dealership with his bare hands on Main Street in rural Peckville, Pennsylvania, in 1972. The store and family have been a pillar of the village, outside […]
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American rejects merger talks with United Airlines
An American Airlines airplane lands at Los Angeles International Airport on March 7, 2026 in Los Angeles, California. Kevin Carter | Getty Images American Airlines said on Friday that it was not interested in a merger with United Airlines and had not held any such talks, diminishing prospects of an industry-reshaping deal that would face […]
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Trump says U.S. has ‘good news’ on Iran as Tehran says the Strait of Hormuz is closed again
IN FLIGHT – APRIL 17: U.S. President Donald Trump speaks to members of the press aboard Air Force One on April 17, 2026 just prior to landing at Joint Base Andrews, Maryland. (Photo by Win McNamee/Getty Images) Win Mcnamee | Getty Images News | Getty Images President Donald Trump sounded optimistic about the progress of […]
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