Business live
Continuously updated, source-cited business stories — freshest first.
Oops! Many Tesla Cybercabs Actually Do Have Steering Wheels, Undercutting a Core Promise
The National Highway Traffic Safety Administration has issued a Special Order requiring Tesla to prove under oath that the steerin
topic14-year-old killed in Pacific beach e-bike crash involving Tesla
Owen Harris, a 14-year-old 8th-grade student, died Saturday night after a Tesla struck his e-bike at the intersection of Balboa Av
topicOPEC Sees Oil Demand Growth Explode Sixfold in 2027
Oil prices are increasing due to a Saudi Arabian pipeline outage and heightened risks in the Red Sea. U.S. Energy Secretary Chris
topicDutch central bank shifts billions in gold from US to Britain in ‘crisis preparedness’ move
De Nederlandsche Bank relocated 86 metric tons of gold reserves from New York and Ottawa to London to improve trading liquidity. T
topicOpinion | Raising interest rates will curb inflation and maintain Fed credibility
The Federal Reserve is preparing to raise interest rates to combat persistent inflation. Economists polled by Reuters indicate a r
topicHow Minnesota Became the Front Line in the Fight Over Prediction Markets
Minnesota is the first state to ban prediction markets, triggering a federal lawsuit. This move is part of a wider legal struggle
topicExclusive | US Mint commemorates 9/11 25th anniversary with new half-dollar coin: 'NEVER FORGET'
The United States Mint shipped 250,000 special-issue Enduring Liberty Half Dollar coins to Federal Reserve Banks on September 14,
topicCNN’s Singh Warns Escalating New Front In Middle East Could ‘Upend the Global Economy’: Trump is ‘Taking This Very Seriously’
Saudi Arabia has shut its East-West pipeline amid an escalating conflict front in the Middle East. CNN's Singh warns this developm
Delta flight plunges 27,000 feet after pressurization issue, oxygen masks deploy
A Delta aircraft diverted to John F. Kennedy International Airport in New York following a cabin pressurization failure. The plane
topicAdobe Stock Wavers. Strong Earnings Aren’t Enough to Boost the Stock.
Adobe shares continue to struggle despite the company beating third-quarter revenue expectations and reaching 1 billion monthly ac
topicY Combinator’s Garry Tan wants US open-weight AI labs to ‘distill’ frontier models, too
Y Combinator CEO Garry Tan argues that regulators should not intervene in AI model distillation. Tan believes US open-weight AI la
topicLarry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion
Oracle shares fell between 4% and 5% on Monday after co-founder Larry Ellison scrapped a plan to sell 50 million shares of company
topicMacy's turnaround shows promise as earnings beat estimates, outlook improves
Macy's upgraded its full-year 2026 outlook following stronger second-quarter results, driven by performance at upscale Bloomingdal
topicFSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: August 2026
Financial Stability Board proposals concerning frontier artificial intelligence cyber-governance are reduced to a nonbinding paper
topicExclusive | Weil Gotshal to Lose Top Dealmaker and Five Other Partners to Cravath
Weil Gotshal is facing the departure of corporate chair and top rainmaker Mike Aiello alongside five other partners who are moving
topicNo more Nordisk as Novo goes it alone amid rebranding push
Drugmaker Novo Nordisk has dropped the Nordisk moniker from its day-to-day identity, shortening its name to Novo alongside a cultu
topicIt’s so hot that BART is hallucinating trains
Bay Area Rapid Transit faces a three hundred million dollar deficit alongside persistent heat-induced system delays and aging infr
topicExclusive | Hunter Biden (and His Laptop) Enter the Cryptosphere With New Meme Coin
Hunter Biden's $LAPTOP meme coin crashed 98 percent following its launch on the Base network due to a liquidity error. Approximate
topicAnthropic Finalizing $15 Billion Pre-IPO Credit Facility
Anthropic is preparing a $15 billion revolving credit line while pushing its public market debut to mid-October at the earliest. T
topicSam Altman warns of 2 ways AI progress could go badly
OpenAI chief executive Sam Altman states that his company will slow down artificial intelligence development independently rather
topicMove over, Usain Bolt: Humanoid robots smash human records at Beijing games
The World Humanoid Robot Games in Beijing featured more than 2,000 robots from 16 countries competing in an Olympic-style event. D
topicOpenAI Technique in ‘Astra’ Model Sparks Security Concerns
OpenAI is broadly deploying its most capable model yet, GPT-6 Astra, inside ChatGPT with advanced reasoning, music creation, game
topicGlobal Bond Selloff Sends 10-Year Treasury Yields to Cusp of 5%
The benchmark 10-year United States Treasury yield briefly reached 5.011 percent on Monday, achieving its highest level since Octo
topicThe Fed could raise interest rates three times. Here’s where the market could face the stiffest test.
Markets face imminent tests as the Federal Reserve prepares to raise interest rates for the first time since 2023. Investors must