BREAKING NEWS
OpenAI reverses course and says its nonprofit will continue to control its business
Read full article: OpenAI reverses course and says its nonprofit will continue to control its businessOpenAI is reversing course and said Monday its nonprofit will continue to control the business that makes ChatGPT and other artificial intelligence products.
TELL US: Student loans in default will be sent for collection. How will this affect you?
Read full article: TELL US: Student loans in default will be sent for collection. How will this affect you?Starting next month, the Education Department says student loans that are in default will be referred for collections.
In a trade-war whirlwind, shoemaker Skechers is sold for $9 billion to become a private company
Read full article: In a trade-war whirlwind, shoemaker Skechers is sold for $9 billion to become a private companyThe shoe company Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital, the companies said Monday.
Trump is swiftly undoing transgender protections in HUD’s housing policies
Read full article: Trump is swiftly undoing transgender protections in HUD’s housing policiesThe Trump administration is swiftly remaking housing policy as the U.S. Department of Housing and Urban Development retreats from long-established fair-housing protections for transgender people.
Thousands of machinists union members go on strike at jet engine maker Pratt & Whitney
Read full article: Thousands of machinists union members go on strike at jet engine maker Pratt & WhitneyAbout 3,000 labor union members have gone on strike at jet engine maker Pratt & Whitney in Connecticut, as negotiations over wages, retirement benefits and job security broke down.
Warren Buffett will remain chairman at Berkshire Hathaway when Greg Abel takes over as CEO in 2026
Read full article: Warren Buffett will remain chairman at Berkshire Hathaway when Greg Abel takes over as CEO in 2026Billionaire Warren Buffett will remain chairman of Berkshire Hathaway after Greg Abel takes over as CEO at the start of the new year.
Europe launches a drive to attract scientists and researchers after Trump freezes US funding
Read full article: Europe launches a drive to attract scientists and researchers after Trump freezes US fundingThe European Union is launching a drive to attract scientists and researchers with offers of grants and new policy plans.
Distribution center in Baldwin to shut down, lay off nearly 500 workers
Read full article: Distribution center in Baldwin to shut down, lay off nearly 500 workersC&S Wholesale Services, a grocery supplier, sent the state a Worker Adjustment and Retraining Notification last week, alerting them of their plan.
Copper cable theft in Spain delays thousands of high-speed rail passengers
Read full article: Copper cable theft in Spain delays thousands of high-speed rail passengersSpanish authorities say that thousands of rail passengers in Spain have been hit with delays after copper cables used in the signaling system of a high-speed line traveling south from Madrid to Seville were stolen at five locations.
Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Read full article: Wall Street loses ground and oil prices tumble after OPEC+ says it will step up productionStocks are slipping in mixed trading on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output.
Trump threatens a 100% tariff on foreign-made films, saying the movie industry in the US is dying
Read full article: Trump threatens a 100% tariff on foreign-made films, saying the movie industry in the US is dyingThe White House says no final decisions have been made on President Donald Trump's call for tariffs targeting films made outside the United States.
How the stock market made back all its losses after Trump escalated the trade war
Read full article: How the stock market made back all its losses after Trump escalated the trade warIt felt much longer, but the U_S_ stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump’s “Liberation Day.”.
Arizona communities bank on Trump's push for coal to ensure they're not forgotten
Read full article: Arizona communities bank on Trump's push for coal to ensure they're not forgottenPresident Donald Trump wants to tap into “beautiful, clean coal" to help meet the electricity demands of what he bills as a new dawn of manufacturing and technological advancement in the United States.
Warren Buffett’s best and worst investments in his 60 years leading Berkshire Hathaway
Read full article: Warren Buffett’s best and worst investments in his 60 years leading Berkshire HathawayBillionaire investor Warren Buffett says he wants to step down as chief executive of Berkshire Hathaway at the end of the year.
Who is Greg Abel, the executive picked to be successor to Warren Buffett?
Read full article: Who is Greg Abel, the executive picked to be successor to Warren Buffett?When Warren Buffett announced at his annual shareholder meeting that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a 62-year-old Canadian executive named Greg Abel who has long been one of his top lieutenants.
United Airlines cuts 35 daily flights at Newark airport, citing shortage of air traffic controllers
Read full article: United Airlines cuts 35 daily flights at Newark airport, citing shortage of air traffic controllersPassengers with flights to or from Newark Liberty International Airport are encountering long delays and cancellations due to an air traffic controller shortage and equipment failures.
Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year
Read full article: Warren Buffett shocks shareholders by announcing his intention to retire at the end of the yearWarren Buffett shocked an arena full of his shareholders by announcing that he wants to retire at the end of the year.
Warren Buffett's profits fall on wildfire losses as thousands line up to listen to him Saturday
Read full article: Warren Buffett's profits fall on wildfire losses as thousands line up to listen to him SaturdayWarren Buffett's company reported just over one-third of last year's profit Saturday a few hours before he announced plans to retire as Berkshire Hathaway's CEO at the end of the year.
Harassed by Assassin’s Creed gamers, a professor fought back with kindness
Read full article: Harassed by Assassin’s Creed gamers, a professor fought back with kindnessA Dartmouth College professor who worked as a consultant on the latest Assassin's Creed video game ended up getting harassed by gamers.
NPR stations targeted for cuts by Trump have provided lifelines to listeners during disasters
Read full article: NPR stations targeted for cuts by Trump have provided lifelines to listeners during disastersAfter Hurricane Helene devastated Asheville, North Carolina, the sound coming from open car windows as residents gathered on a street at the top of a ridge trying to get cell service last fall was Blue Ridge Public Radio.
Musk gets his Texas wish. SpaceX launch site is approved as the new city of Starbase
Read full article: Musk gets his Texas wish. SpaceX launch site is approved as the new city of StarbaseThe home of Elon Musk’s SpaceX rocket company is now an official Texas city with a galactic name: Starbase.
US gives initial approval for $3.5 billion missile sale to Saudi Arabia before Trump's planned visit
Read full article: US gives initial approval for $3.5 billion missile sale to Saudi Arabia before Trump's planned visitThe United States has given initial approval to sell $3.5 billion worth of air-to-air missiles for Saudi Arabia’s fighter jets, the latest proposed arms deal for the region ahead of President Donald Trump’s planned trip to the region later this month.
Federal Reserve likely to defy Trump, keep rates unchanged this week
Read full article: Federal Reserve likely to defy Trump, keep rates unchanged this weekThe Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs.
Musk's next task? Reviving Tesla in Europe where sales have plunged by more than half in a year
Read full article: Musk's next task? Reviving Tesla in Europe where sales have plunged by more than half in a yearTesla sales plunged by more than half last month in several European countries in a sign that Elon Musk could struggle to revive the company after he shifts from his Washington work to running the automaker again.
Trump administration asks Supreme Court to let DOGE access Social Security systems
Read full article: Trump administration asks Supreme Court to let DOGE access Social Security systemsThe Trump administration is asking the Supreme Court to clear the way for Elon Musk’s Department of Government Efficiency to access Social Security systems containing personal data on millions of Americans.
Harrods becomes latest UK retailer to face cyber threat as M&S' struggles persist
Read full article: Harrods becomes latest UK retailer to face cyber threat as M&S' struggles persistBritish retailer Marks & Spencer says it's “working day and night” to resolve a cyberattack nearly two weeks ago that has left it unable to process any online orders.
Wall Street extends its gains to a 9th straight day, reclaiming losses since tariff escalation
Read full article: Wall Street extends its gains to a 9th straight day, reclaiming losses since tariff escalationWall Street extended its gains to a ninth straight day, marking its longest winning streak since 2004 and reclaiming the ground it lost since President Donald Trump escalated his trade war in early April.
In the wake of devastating Los Angeles fires, residents begin to rebuild
Read full article: In the wake of devastating Los Angeles fires, residents begin to rebuildNearly four months after wildfires reduced thousands of Los Angeles-area homes to rubble and ash, some residents are starting to rebuild.
China says it's evaluating US overtures for trade talks, but tariffs remain an obstacle
Read full article: China says it's evaluating US overtures for trade talks, but tariffs remain an obstacleChina's Commerce Ministry says Beijing is evaluating multiple approaches by the Trump administration for trade talks.
Homeownership further out of reach as rising prices, high mortgage rates widen affordability gap
Read full article: Homeownership further out of reach as rising prices, high mortgage rates widen affordability gapHomeownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what buyers can afford.
Luigi Mangione wants state murder case dropped, arguing double jeopardy in UnitedHealthcare killing
Read full article: Luigi Mangione wants state murder case dropped, arguing double jeopardy in UnitedHealthcare killingLuigi Mangione‘s lawyers are urging a judge to throw out his state murder charges in the killing of UnitedHealthcare CEO Brian Thompson.
Vance heralds 'industrial renaissance' in his visit to a South Carolina steel plant
Read full article: Vance heralds 'industrial renaissance' in his visit to a South Carolina steel plantVice President JD Vance has visited a steel plant in South Carolina, where he heralded the launch of an “industrial renaissance” in the U.S., in part due to President Donald Trump’s moves to boost domestic industry.
Apple posts stronger-than-expected Q2 results, says majority of US iPhones sold will come from India
Read full article: Apple posts stronger-than-expected Q2 results, says majority of US iPhones sold will come from IndiaApple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business.
Amazon posts solid first quarter earnings growth, but outlook is tempered by tariff uncertainty
Read full article: Amazon posts solid first quarter earnings growth, but outlook is tempered by tariff uncertaintyAmazon posted higher first-quarter profit and sales that beat analysts’ projections, underscoring the online behemoth’s hold on shoppers looking for low prices and a wide selection in an uncertain economy.
'60 Minutes' report that prompted Trump lawsuit is nominated for an Emmy Award
Read full article: '60 Minutes' report that prompted Trump lawsuit is nominated for an Emmy AwardLast fall's “60 Minutes” story on Kamala Harris — the subject of a $20 billion lawsuit by President Donald Trump — was nominated for an Emmy Award for “outstanding edited interview.”.
Did Donald Trump — or ABC News —choose who would interview the president? Why does it matter?
Read full article: Did Donald Trump — or ABC News —choose who would interview the president? Why does it matter?President Donald Trump's remark to Terry Moran in an ABC News interview — that it was his choice to whom he would grant an interview — exposes a delicate question for journalists.
Tariff turmoil prompts cloudy forecasts from General Motors, Harley-Davidson for the year ahead
Read full article: Tariff turmoil prompts cloudy forecasts from General Motors, Harley-Davidson for the year aheadUncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as they try to navigate a global trade system severely shaken by a stark shift in U.S. policy.
Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%
Read full article: Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%American employers added a better-than-expected 177,000 jobs in April as the job market showed resilience in the face of President Donald Trump’s trade wars.
FDA to rehire fired staffers who booked inspection trips, but other workers remain in limbo
Read full article: FDA to rehire fired staffers who booked inspection trips, but other workers remain in limboThe Food and Drug Administration is again trying to rehire some staffers who were recently fired amid mass layoffs at the agency.
UN official urges Israel to lift aid blockade of Gaza and calls it 'cruel collective punishment'
Read full article: UN official urges Israel to lift aid blockade of Gaza and calls it 'cruel collective punishment'The United Nations’ emergency relief coordinator is urging Israel to lift its blockade of aid into the Gaza Strip.
Kohl's ousts CEO Buchanan after investigation into some vendor transactions
Read full article: Kohl's ousts CEO Buchanan after investigation into some vendor transactionsKohl’s has terminated CEO Ashley Buchanan after an investigation determined that he directed the retailer to engage in vendor transactions that involved undisclosed conflicts of interest.
CVS Health rides improving Medicare business to better-than-expected first quarter
Read full article: CVS Health rides improving Medicare business to better-than-expected first quarterCVS Health hiked its 2025 forecast above Wall Street’s expectations after improving Medicare benefits contributed to a better-than-expected first quarter.
The number of Americans filing for jobless claims jumps last week, but remains at healthy levels
Read full article: The number of Americans filing for jobless claims jumps last week, but remains at healthy levelsU.S. applications for jobless benefits jumped to their highest level in two months, but layoffs remain in a historically healthy range.
General Motors trims 2025 guidance, anticipating potential $5 billion tariff impact
Read full article: General Motors trims 2025 guidance, anticipating potential $5 billion tariff impactGeneral Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto tariffs.
Ukraine and the US have finally signed a minerals deal. What does it include?
Read full article: Ukraine and the US have finally signed a minerals deal. What does it include?After months of tense negotiations, the U.S. and Ukraine have signed a deal that is expected to give Washington access to the country’s critical minerals and other natural resources.
Musk defends his work as he prepares to wind down at DOGE but gives hazy answers on future
Read full article: Musk defends his work as he prepares to wind down at DOGE but gives hazy answers on futureElon Musk is defending the work of the Department of Government Efficiency as he prepares to scale back from his government role and spend more time at his businesses.
Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF says
Read full article: Tariffs, oil prices and other uncertainties weighing down Mideast economies, IMF saysThe International Monetary Fund says that countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts to financial aid.
May Day demonstrations in US and around the globe protest Trump agenda
Read full article: May Day demonstrations in US and around the globe protest Trump agendaHundreds of thousands of people rallied in U.S. cities and around the globe for International Workers’ Day or May Day, with the focus this year on President Donald Trump’s agenda.
Court sides with Fortnite maker Epic as Apple sanctioned for defying order in App Store case
Read full article: Court sides with Fortnite maker Epic as Apple sanctioned for defying order in App Store caseA federal judge has found that Apple violated a court injunction in an antitrust case filed by Fortnite maker Epic Games.
Funding cuts threaten to deepen hunger crisis as rising costs send more families to food banks
Read full article: Funding cuts threaten to deepen hunger crisis as rising costs send more families to food banksFood banks say income stagnation and rising living costs are increasing demand at their organizations across the country — all as the federal government shuts off funding streams that provide millions with healthier, harder-to-get groceries.
The Senate votes down resolution to block Trump's global tariffs amid economic turmoil
Read full article: The Senate votes down resolution to block Trump's global tariffs amid economic turmoilSenate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by Donald Trump earlier this month, giving the president a modest win Wednesday as lawmakers in both parties have remained skeptical of his trade agenda.
Meta's first quarter earnings, revenue beat Wall Street's expectations
Read full article: Meta's first quarter earnings, revenue beat Wall Street's expectationsInstagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks to strong advertising revenue on its social media platforms.
Microsoft says quarterly profits up 18% as it weathers tech sector turbulence with cloud growth
Read full article: Microsoft says quarterly profits up 18% as it weathers tech sector turbulence with cloud growthMicrosoft on Wednesday said its profits rose 18% for the January-March quarter, driven by its growth in its cloud computing and artificial intelligence business in a turbulent time for the tech sector.
Jeff Sperbeck, former agent for John Elway, dies after injury at 62
Read full article: Jeff Sperbeck, former agent for John Elway, dies after injury at 62A business partner and former agent for Pro Football Hall of Famer John Elway has died after suffering an injury at a Southern California golf resort.
Conservative activist Robby Starbuck sues Meta over AI responses about him
Read full article: Conservative activist Robby Starbuck sues Meta over AI responses about himConservative activist Robby Starbuck has filed a defamation lawsuit against Meta alleging that the social media giant’s artificial intelligence chat bot spread false statements about him, including that he participated in the the riot at the U.S. Capitol on Jan. 6, 2021.
Ford CEO welcomes relief on tariffs but says more work is needed on trade policies to spur growth
Read full article: Ford CEO welcomes relief on tariffs but says more work is needed on trade policies to spur growthFord's top executive is welcoming revisions to auto import rules but says more work is needed to craft trade policies that spur growth in the U.S. auto industry.
Visa wants to give artificial intelligence 'agents' your credit card
Read full article: Visa wants to give artificial intelligence 'agents' your credit cardVisa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Is Norfolk Southern 'making it right' after Ohio derailment? New lawsuit adds to doubts
Read full article: Is Norfolk Southern 'making it right' after Ohio derailment? New lawsuit adds to doubtsNot long after a Norfolk Southern train derailed and caught fire in eastern Ohio in February 2023 the railroad started to repeat its promise that it would “make it right” in East Palestine.
The home of Elon Musk's SpaceX could become an official Texas city called Starbase
Read full article: The home of Elon Musk's SpaceX could become an official Texas city called StarbaseElon Musk has for years made Texas his business home and playground as he launches rockets and builds cars in the Lone Star state.
Trump says US kids may get '2 dolls instead of 30,' but China will suffer more in a trade war
Read full article: Trump says US kids may get '2 dolls instead of 30,' but China will suffer more in a trade warPresident Donald Trump is acknowledging that his tariffs could result in fewer and costlier products in the United States.
Tariff turmoil prompts cloudy forecasts from companies for the year ahead
Read full article: Tariff turmoil prompts cloudy forecasts from companies for the year aheadUncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as they try to navigate a global trade system severely shaken by a stark shift in U.S. policy.
US inflation cools and Americans step up spending as they brace for tariff impact
Read full article: US inflation cools and Americans step up spending as they brace for tariff impactA closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented.
Climate change is making coffee more expensive. Tariffs likely will too
Read full article: Climate change is making coffee more expensive. Tariffs likely will tooPremium coffee roasters in the U.S. are reeling from the sharp price increases of coffee beans, which nearly doubled last year after record drought in Brazil.
Microsoft pledges to protect European operations and unveils data center expansion
Read full article: Microsoft pledges to protect European operations and unveils data center expansionMicrosoft has pledged to fight any U.S. government order to halt data center operations in Europe, as it sought to soothe concerns among European customers that trans-Atlantic tensions would lead to service disruptions.
Samsung reports revenue increase thanks to mobile phone sales but its chip business suffers
Read full article: Samsung reports revenue increase thanks to mobile phone sales but its chip business suffersSamsung Electronics reported Wednesday a sharp increase in consolidated revenue for the first quarter thanks to strong sales of its new smartphones, but its semiconductor business suffered a setback.
Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlook
Read full article: Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlookEurope’s economy has grown more strongly in the first three months of the year only to see hopes for an ongoing recovery quickly squelched by U.S. President Donald Trump’s trade war.
California high-speed rail leader pushes state to support private investment
Read full article: California high-speed rail leader pushes state to support private investmentThe new chief executive of California’s embattled high-speed rail project says it is time to get serious about how to pay for it.
Hawaii plans to increase hotel tax to help it cope with climate change
Read full article: Hawaii plans to increase hotel tax to help it cope with climate changeHawaii lawmakers are ready to hike a tax imposed on travelers staying in hotels, vacation rentals and other short-term accommodations and earmark the new money for programs to cope with a warming planet.