Business News
Boeing agrees $1.1bn deal over fatal 737 Max crashes
BBC - 5 Jun 2025 03:40
The firm made the agreement with the US Justice Department over two accidents that killed 346 people in 2018 and 2019.
JPMorgan CEO Warns US Dollar Could Lose Reserve Status Without Reform
Bitcoin.com - 5 Jun 2025 02:10
JPMorgan CEO delivers a dire wake-up call as he warns that internal chaos could dethrone the U.S. dollar and shatter American global supremacy. JPMorgan CEO Jamie Dimon Questions Future of US Dollar as Reserve Currency A...
Trump 2.0 Takes Aim At Copyrights
Forbes - 5 Jun 2025 01:19
Trump's firing of the Librarian of Congress and Head of the Copyright Office raises constitutional and pragmatic issues.
Supreme Court Expands Tax Exemptions For Religious Charities
Forbes - 5 Jun 2025 16:21
The ruling could lead to a slew of religious hospitals and other groups trying to claim exemptions, critics have warned.
Supreme Court Kills Mexico's $10 Billion Lawsuit Against U.S. Gun Manufacturers
Forbes - 5 Jun 2025 16:13
The Mexican government claimed U.S. gun manufacturers have "knowingly" sold their products to the country's drug cartels.
GOP Billionaire Ken Griffin Says Trump's Tariffs Have 'Taken Toll' On Economy
Forbes - 5 Jun 2025 15:36
"Why are we aspiring to be the nation of the lowest cost and lowest paid workforce in the world? That makes no sense to me," Griffin quipped at the 2025 Forbes Iconoclast Summit.
U.S. trade deficit cut in half in April on plunge in imports from Trump tariffs
Market Watch - 5 Jun 2025 15:35Jobless claims jump to 8-month high. But it's probably not a sign of rising layoffs resulting from trade wars.
Market Watch - 5 Jun 2025 15:29Renewable Energy Investors Receive Mixed Signals In The U.S.
Forbes - 5 Jun 2025 15:00
The Trump Administration's energy policies are shifting the investment priorities in American renewable energy, and not to its benefit.
Grayscale: Bitcoin Demand Explodes as $5T Deficit Projection Fuels Fiat Doubt
Bitcoin.com - 5 Jun 2025 03:10
Institutional bitcoin demand is exploding as fiscal alarm bells ring louder, with major firms racing to secure digital assets amid mounting debt, sovereign downgrades, and fiat distrust. Bitcoin Demand Soars With Graysca...
Elon Musk Backs Coinbase Warning: Bitcoin Could Replace Dollar Amid US Fiscal Crisis
Bitcoin.com - 5 Jun 2025 01:10
Bitcoin is surging into the spotlight as Coinbase's CEO and Elon Musk sound alarms on U.S. debt, signaling the crypto's rise as a serious reserve currency contender. Elon Musk Supports Coinbase Outlook: Bitcoin May Toppl...
How airline fees have turned baggage into billions
BBC - 5 Jun 2025 01:01
The amount carriers now charge for luggage is raising the ire of politicians and consumer groups.
Appeals court denies Apple's bid to pause App Store order in yearslong feud against 'Fortnite' maker
New York Post - 5 Jun 2025 00:52
A federal judge had ordered the iPhone maker to immediately open its lucrative App Store to more competition.
Tesla shares tumble as Trump-Musk feud erupts
BBC - 5 Jun 2025 23:46
Tesla shares plunged 14%, marking one of the steepest declines in months as Musk and Trump battled online.
Lululemon shares tumble 23% as it cuts full-year earnings guidance, citing 'dynamic macroenvironment'
CNBC - 5 Jun 2025 23:38
Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."
Stablecoin bill undermines state banking authority, group says
American Banker - 5 Jun 2025 23:35
The National Conference of State Legislatures asked that leading lawmakers strike a provision in the Senate stablecoin bill that they say would preempt state authority to bar state-chartered special purpose depository in...
I knew Trump and Musk would break up. I didn't know they'd do it on their own social media networks.
Business Insider - 5 Jun 2025 23:35
When you're as rich, famous and powerful as Donald Trump and Elon Musk, everything you say or type shows up everywhere, instantly — no matter what.
Broadcom's stock cools off even as earnings show robust AI demand
Market Watch - 5 Jun 2025 23:32Where to watch NBA Finals: Live stream Indiana Pacers vs. Oklahoma City Thunder Game 1
Business Insider - 5 Jun 2025 23:31
The Indiana Pacers and Oklahoma City Thunder will compete in the best-of-seven series. We'll show you where to watch the NBA Finals online.
Options traders pile into bearish bets on Tesla at fastest pace on record as Musk-Trump feud escalates
Market Watch - 5 Jun 2025 23:31Google claims Gemini 2.5 Pro preview beats DeepSeek R1 and Grok 3 Beta in coding performance
Venture Beat - 5 Jun 2025 23:30
Google said the newest version of Gemini 2.5 Pro, now on preview, gives faster and more creative responses while performing better than OpenAI's o3.
Soaring demand for Nintendo Switch 2 boosts massive video game market
L.A. Times - 5 Jun 2025 23:24
Shoppers lined up to get their hands on Nintendo Switch 2 devices, resulting in lines and early sell-outs at retail locations.