business news
Allies yank support for Swalwell’s California governor run after sexual assault allegations
Rep. Eric Swalwell, D-Calif., speaks during the House Democrats hearing marking the five year anniversary of the attack on the Capitol, in the Capitol Visitor Center on Tuesday, Jan. 6, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Democratic Rep. Eric Swalwell has so far denied calls for him to exit the California […]
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Judge told to reconsider national security implications of halting Trump’s White House ballroom
A federal judge must reconsider the possible national security implications of halting construction of President Donald Trump’s $400 million White House ballroom, an appeals court ruled on Saturday. A three-judge panel from the U.S. Court of Appeals for the District of Columbia Circuit said it did not have enough information to decide how much of […]
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How bond market’s private credit crisis fears are playing out in fixed-income ETFs
ETF Edge How bond market’s private credit crisis fears are playing out in fixed-income ETFs Published Sat, Apr 11 20269:49 AM EDTUpdated 12 Min Ago Krysta Escobar WATCH LIVE Source
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Vibe check from inside one of AI industry’s main events: ‘Claude mania’
Samuel Boivin | Nurphoto | Getty Images If one thing became clear at the HumanX conference in San Francisco this week, where 6,500 executives, founders and investors gathered to talk about artificial intelligence, it’s that OpenAI no longer dominates the conversation in their industry. For now, at least, that distinction belongs to Anthropic. Anthropic’s viral […]
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How Kodak is trying to turn around its business after teetering on bankruptcy
On Jim Continenza’s first day on the job as Eastman Kodak executive chairman in 2019, he got a call from a star Hollywood filmmaker telling him the company was making a big mistake. The photography technology company was in the process of shutting down its acetate factory, which makes one of the key ingredients used […]
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Berkshire electric utility’s court win could save it billions
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) PacifiCorp court win could reduce wildfire damages by $1B or more An Oregon Court of Appeals ruling this week accepted PacifiCorp’s argument the judge in a 2023 trial mistakenly […]
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Cathay Pacific to cut flights from mid-May to end-June as jet fuel prices surge
A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag carrier of Hong Kong with its main hub being at Hong Kong International Airport. James D. Morgan | Getty Images News | Getty Images Cathay Pacific Airways said on Saturday it […]
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OpenAI identifies security issue involving third-party tool, says user data was not accessed
Samuel Boivin | Nurphoto | Getty Images OpenAI said on Friday it had identified a security issue involving a third-party developer tool called Axios and is taking steps to protect the process that certifies its macOS applications are legitimate OpenAI apps. The ChatGPT maker said it found no evidence that its user data was accessed, […]
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U.S.-Iran talks set to begin in Pakistani capital after delegations arrive
TOPSHOT – A policeman stands guard in front of a digital screen displaying news of USIran peace talks along a road in Islamabad on April 10, 2026. (Photo by Farooq NAEEM / AFP via Getty Images) Farooq Naeem | Afp | Getty Images Pakistan confirmed the arrival of a delegation of Iranian negotiators ahead of […]
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Trump policies, China’s biotech boom are ending Europe’s pharma powerhouse era
Boxes of medication are seen on the shelves of the Keencare pharmacy, a member of the Green Light Group, on September 19, 2024 in London, England. Leon Neal | Getty Images News | Getty Images Once the go-to location for global drugmakers, Europe is now being squeezed by President Donald Trump’s aggressive trade and drug-pricing […]
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