MLXIO

Business

Latest news, analysis, and updates in business.

people watching horse race at daytime
May 3, 2026

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

a large industrial area with a body of water in front of it
May 3, 2026

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

A black car parked on the side of the road
May 3, 2026

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

a car's speedometer with red lights
May 2, 2026

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

a desk with a sign on it that says defend
May 2, 2026

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

an empty courtroom with wooden paneling and columns
May 2, 2026

Meta's historic loss in court could cost a lot more than $375 million

Meta’s $375M court loss could trigger sweeping platform changes, setting a precedent that treats social media as public health hazards.

9 min read

a close up of a cell phone with facebook on the screen
May 2, 2026

Mark Zuckerberg Says Meta Layoffs Are Being Driven By Soaring AI Spending, Warns More Job Cuts May Follow: 'I Wish That I Can Tell You...'

Meta’s $40B AI investment triggers widespread layoffs, with CEO Zuckerberg warning more job cuts could follow as AI costs soar.

4 min read

woman in black tank top and black leggings lying on black and white floral area rug
May 2, 2026

Therabody Promo Codes: 15% Off May 2026

Theragun devices drop 15% in May 2026 with exclusive promo codes—save hundreds on top-tier muscle recovery gear before the limited-time offer ends.

5 min read

black ship on sea under white sky during daytime
May 1, 2026

Exxon CEO: Middle East oil production could resume quickly after Hormuz reopening

ExxonMobil's CEO states that Middle East oil production can quickly resume once the Strait of Hormuz reopens, thanks to well-developed fields and standby operations. However, LNG supply chains may face longer delays due to their complex logistics. This insight is crucial for understanding potential shifts in global energy markets and prices.

6 min read

Boats and industrial structures on the water
May 1, 2026

Venezuela boosts oil exports to US and India amid geopolitical shifts

Venezuela is boosting its oil exports to the United States and India, signaling a significant shift in global energy dynamics. This change reflects evolving geopolitical alliances and could impact oil prices and international relations. Understanding these shifts is crucial as countries seek new energy partnerships amid global tensions.

9 min read