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Latest news, analysis, and updates in business.

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May 3, 2026

Apple Sparks Bold Shifts Before Tim Cook’s Exit

Apple makes bold policy shifts and AI bets, reshaping its future as Tim Cook’s departure looms.

8 min read

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May 3, 2026

Occidental CEO Vicki Hollub Retires, COO Richard Jackson Takes Over

Occidental Petroleum’s CEO Vicki Hollub retires June 1, with COO Richard Jackson stepping up to lead during a critical phase of debt and acquisition integration

4 min read

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May 3, 2026

Devil Wears Prada 2 Sparks $230M Nostalgia Frenzy Globally

The Devil Wears Prada 2 is projected to open with $230M globally, showing nostalgia’s power to drive huge box office returns.

5 min read

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May 3, 2026

UAE Dumps Arab Oil Alliance, Shakes Up Global Energy Power

UAE's dual exit from OPEC and OAPEC ends decades of Arab oil unity, redefining power dynamics in global energy markets.

8 min read

yellow-and-blue oil barrel lot
May 3, 2026

OPEC+ Sparks Oil Supply Shift with 188K Barrel Boost in June

OPEC+ raises oil output by 188,000 barrels daily in June to counter Iran conflict risks and calm soaring oil prices.

3 min read

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May 3, 2026

Cyber Attack Halts Berkshire Meeting, Shakes Investor Trust

A cyber incident disrupted Berkshire Hathaway’s annual meeting, revealing how vulnerable even top corporate events are to digital threats.

7 min read

A yellow and black jet airliner taking off from an airport
May 3, 2026

Spirit Airlines Liquidation Sparks U.S. Budget Airfare Crisis

Spirit Airlines' shutdown cuts budget flights, hikes fares, and disrupts U.S. aviation, ending a key low-cost model amid rising fuel costs and economic strain.

7 min read

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May 3, 2026

McDonald’s Dumps Free Drink Refills, Sparking Customer Outrage

McDonald’s is eliminating free drink refills across the U.S., ending a beloved perk and stirring backlash amid rising menu prices.

4 min read

an oil rig in the middle of the ocean at sunset
May 3, 2026

OPEC+ Agrees Symbolic Quota Hike as UAE Touts Oil Investment

OPEC+’s modest 200K bpd quota hike reveals internal power plays, with UAE pushing for more output and Saudi Arabia defending prices.

8 min read

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May 3, 2026

Adam Foroughi: Public market perceptions can misalign with actual performance, AppLovin’s strategic stock buyback reflects confidence, and the overlooked potential of mobile gaming

AppLovin’s $6 billion buyback defies Wall Street’s undervaluation, signaling strong confidence in mobile gaming’s overlooked growth potential.

8 min read

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May 3, 2026

The Biggest Reason Microsoft's Earnings Report Was a Disappointment

Microsoft’s cloud growth slowed to 22%, missing expectations and spooking investors, marking a critical shift in the company’s earnings momentum.

4 min read

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May 3, 2026

Chipotle adds free offer for customers amid rising prices

Chipotle offers a free entrée to Rewards members who dine four times, aiming to ease backlash from rising menu prices and retain loyal customers.

4 min read