business news
Trump threatens to destroy Iran power plants as reports emerge of downed U.S. F-35
A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran. Contributor | Getty Images U.S. President Donald Trump on Thursday threatened to destroy Iran’s bridges and power plants, saying the “New Regime leadership knows what has to be done, and […]
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Japan’s Sakura Internet jumps 20% as Microsoft plans $10 billion AI push with SoftBank
Microsoft’s Vice Chair and President Brad Smith (L) and Japan’s Prime Minister Sanae Takaichi pose before their meeting at the Prime Minister’s Office in Tokyo on April 3, 2026. Kazuhiro Nogi | Afp | Getty Images Shares of Sakura Internet surged as much as 20.2% Friday after Microsoft said it has begun discussions with the […]
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Chinese chip firms hit record high revenue driven by the AI boom and U.S. curbs
China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images Chinese semiconductor firms have reported record revenue last year driven by AI demand, a shortage of memory chips and U.S. export restrictions that have pushed Beijing to bolster its homegrown tech industry. Analysts and the companies themselves […]
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Army chief of staff fired by Hegseth, sources say
Chief of Staff of the Army Gen. Randy George waits to testify before the start of the Senate Armed Services Committee hearing on the FY 2025 budget for the Department of the Army in the Hart Senate Office Building on Thursday, April 18, 2024. Bill Clark | CQ-Roll Call, Inc. | Getty Images U.S. Army […]
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Microsoft executive touts Copilot sales traction as AI anxiety weighs on stock
FILE PHOTO: Judson Althoff, CEO of Microsoft’s commercial business, appears during an interview in San Francisco on Jan. 27, 2017. David Paul Morris | Bloomberg | Getty Images Microsoft has made greater inroads with sales of its Copilot artificial intelligence add-on for business clients after facing criticism for relatively low adoption in recent months, executive […]
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Asia-Pacific markets rise in Easter trade on hopes for Hormuz reopening
Asia-Pacific markets traded higher Friday, after news that Iran and Oman were drafting a protocol to “monitor transit” through the Strait of Hormuz raised hopes that the crucial waterway could partially reopen. Tanker traffic through the key oil-shipping route “should be supervised and coordinated” with the two countries, said Kazem Gharibabadi, Iran’s deputy foreign minister of […]
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Tiger Woods called Trump after DUI crash, he told cop on bodycam video
Booking photo of Tiger Woods. Courtesy: Martin County Sheriff’s Department Golf legend Tiger Woods told a police officer he spoke to President Donald Trump on the phone shortly after his DUI rollover crash in Florida, a bodycam video obtained by TMZ and published Thursday shows. “Thank you so much. All right. You got it. Bye,” […]
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Warner, Schiff probe potential insider trading in government
Senator Mark Warner (D-VA) and Sen. Adam Schiff (D-Calif.). Nathan Posner | Anadolu | Tom Williams | CQ-Roll Call, Inc | Getty Images Sens. Mark Warner, D-Va., and Adam Schiff, D-Calif., demanded answers on potential insider trading in government in a letter sent Thursday to the head of the Securities and Exchange Commission and the […]
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United Airlines hikes checked bag fee by $10 as fuel prices continue to climb
United Airlines Bloomberg | Bloomberg | Getty Images United Airlines hiked its checked bag fee by $10 on Thursday, becoming the second U.S. carrier in less than a week to raise the fee as the industry grapples with this year’s surge in fuel costs, airlines’ biggest expense after labor. United’s new fee will be $45 […]
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Brent oil spot price for actual cargo soars to $141, highest level since 2008 financial crisis
The spot price for current physical cargoes of Brent crude oil soared Thursday to $141.36, the highest level since the 2008 financial crisis, according to S&P Global, which tracks the data. The spot price reflects the demand for Brent oil that will be delivered in the next 10 to 30 days. The high price for […]
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