Business
Latest news, analysis, and updates in business.
Algeria reaffirms OPEC commitment as UAE plans exit by May 2026
Algeria reaffirms OPEC commitment to stabilize oil markets as UAE plans to exit by 2026, threatening cartel cohesion and price stability.
8 min read
Lightspeed Commerce Sells Upserve U.S. Hospitality Unit for Up to $81M, Raises EBITDA Outlook
Lightspeed sells Upserve for $81M, lifting its EBITDA forecast by $10M and refocusing on core hospitality and retail platforms.
4 min read
Reggie Fils-Aimé says Amazon once asked Nintendo to break the law
Amazon pushed Nintendo for illegal preferential treatment during the DS era, prompting Nintendo to stop selling consoles to Amazon entirely.
4 min read
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents
Newsom’s ultimatum signals a state takeover threat to break local gridlock and tackle California’s massive housing shortage and soaring rents.
7 min read
Was the Iran war the final blow in the collapse of Spirit Airlines?
Spirit Airlines collapses after Iran war-driven fuel price surge, leaving 17,000 employees jobless and ending 34 years of ultra-low-cost flights.
4 min read
Netanyahu boasts of Israel’s billion-dollar military investments
Israel’s $119B military investment marks a strategic pivot to self-reliance, focusing on missile defense, drones, and cyber tech to reduce foreign dependence.
8 min read
OPEC+ announces symbolic oil output rise during Strait of Hormuz closure
OPEC+’s symbolic 188,000 bpd output increase amid Strait of Hormuz closure signals unity but won’t ease looming oil supply risks.
8 min read
Who is Cherie DeVaux, the first female trainer to win the Kentucky Derby?
Cherie DeVaux made history as the first female trainer to win the Kentucky Derby, challenging decades of male dominance in horse racing.
8 min read
OPEC+ to raise oil output by 188,000 bpd amid geopolitical tensions
OPEC+ raises oil output by 188,000 bpd amid war and attacks, but prices stay elevated as supply risks persist.
4 min read
Tesla faces market pressure from US-China trade tensions, Nvidia favored
Tesla’s China production and sales face sharp pressure from new US-China tariffs, while Nvidia exploits the turmoil to widen its lead.
9 min read
Musk v. Altman is just getting started
Elon Musk’s lawsuit challenges OpenAI’s pivot to for-profit, accusing Sam Altman of breaking foundational promises on AI’s future.
4 min read
Elon Musk clashes with OpenAI’s attorney on his third day of testimony at high-stakes trial
Elon Musk claims OpenAI broke its nonprofit promise, challenging AI industry accountability in a trial that could redefine tech governance.
8 min read