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Business News

Location American Business News for 13 June 2025
Oil prices spike, U.S. stock futures fall as Israel says it's striking Iran Oil futures shot higher and U.S. stock-market futures sank Thursday evening on reports that Israel was attacking sites in Iran.
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Meta Invests Nearly $15 Billion in Scale AI to Kick-Start Superintelligence Lab Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.
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Temu Attacks Remind Us U.S. Politicians Were Never Stopping At TikTok A veiled excuse for government at all levels in the U.S. to attack every Chinese business that succeeds stateside.
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How the Israel-Iran conflict could affect energy prices Conflict in the Middle East often leads to higher wholesale energy prices, which can feed through to inflation.
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Dow futures plummet 400 points, oil prices spike 7% after Israeli attack on Iran Contracts tied to the Dow fell 453 points, or 1%. S&P futures dropped 57 points, or 0.95%, while Nasdaq futures declined 273 points, or 1.23%.
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How to read the tea leaves on stalled $8B Paramount-Skydance deal If Shari Redstone settles Trump's "60 Minutes" lawsuit, will that be enough to get the deal approved by his broadcast regulators?
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Airline stocks take a beating as the Israel-Iran conflict gives consumers another reason not to travel The massive Israeli strike on Iranian nuclear and military sites has sparked fears of a wider conflict in the Middle East and sent oil prices surging.
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FTC could bar Omnicom, Interpublic from boycotting sites over political views as merger condition: report The Federal Trade Commission could reportedly bar advertising giants Omnicom and Interpublic from suppressing ads to websites over their political views as a condition for approving their pending merger.
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Frankfurt Brings 64 Retail Units To New Terminal Including Boss, Montblanc And Gatezero Frankfurt's Terminal 3 will open in April next year with a slew of new brands operating in a retail marketplace format.
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Elon Musk's xAI Could Be Getting $250 Million in Investments

The New York Times - 13 Jun 2025 00:37
Elon Musk's xAI Could Be Getting $250 Million in Investments Two dozen venture capital firms and other investors are investing in xAI, the artificial intelligence and social media company.
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Micron's stock is on a hot streak. Can it continue?

Market Watch - 13 Jun 2025 00:02
Micron's stock is on a hot streak. Can it continue? Investors are bullish on memory stocks like Micron as the ramp of Nvidia's Blackwell AI chips helps demand for high-bandwidth memory chips, one analyst says
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Normally bustling with tourists and downtown office workers, the historic food hall was nearly empty this week. Its staff and customers sound off on ICE raids, protests and loss of business.
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Ram boss sorry for 'woke' pivot that killed gas-guzzling engine, brings back growling classic after backlash: 'We got it wrong' After facing a firestorm of backlash for discontinuing the beloved HEMI V-8 engine, Ram said it is reversing course.
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Ex-hedge fund manager hit with insider trading charges again -- 3 years after feds forced to drop case Federal prosecutors said Kris Bortnovsky, co-founder of Sakal Capital Management, earned over $4 million by placing illegal trades based on tips he received from among others a friend whose family held investments and le...
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ETH price trend data suggests all future dips are for buying Technical data and ETH accumulation trends suggest price dips in the $2,100 zone are strategic purchasing opportunities.
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LIVE from Cannes 2025

AdWeek - 13 Jun 2025 23:37
ADWEEK's real-time coverage of Cannes Lions. We're bringing you breaking news, standout campaigns, industry insights, and exclusive moments as they happen. Whether you're on the ground or tuning in from afar, this is you...
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Israel-Iran Conflict Is Not The Start Of World War III: FDD's Mark Montgomery On "Forbes Newsroom," Mark Montgomery, Retired Rear Admiral and senior director at the FDD, discussed the conflict between Israel and Iran.
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For New Author Clint Hurdle, A Timely Return To The Reeling Rockies The book, consisting of 25 "Hurdle-isms" divided into five parts, was born out of a lifetime of lessons absorbed on and off the diamond by Hurdle.
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The Oklahoma City Thunder and Indiana Pacers will face off once again in Indianapolis. Learn where to watch the NBA Finals online.
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Gerard Butler Says Live-Action 'How To Train Your Dragon' Was Destiny Gerard Butler didn't initially envision a live-action version of the wildly popular animated film, but he loves how it turned out.
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Sharplink Gaming Becomes Largest Public ETH Holder With $463 Million Purchase Sharplink Gaming has secured 176,271 ETH for $463 million, becoming the largest publicly traded holder of ether globally, and actively staking the majority of its position to earn network rewards. Acquisition of 176,000+...
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When Is Dakota Johnson's Comedy 'Materialists' Coming To Streaming? A24's "Materialists"-- starring Dakota Johnson, Pedro Pascal and Chris Evans-- is new in theaters. When will the film be available to stream at home?
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