Business live
Continuously updated, source-cited business stories — freshest first.
OpenAI to end partnership with SpaceX's Cursor
OpenAI will cut off model access through Cursor on November 12. This decision follows the $60 billion all-stock acquisition of Any
topicAmazon’s drones will soon deliver to nearly 500 US cities and towns
Amazon Prime Air declined to answer eight written safety questions regarding its 83-pound MK30 drone after being given two days to
topicModerna Shares Double on Success of mRNA Cancer Vaccine
Rothschild and Co. has downgraded Moderna stock from neutral to sell because the firm considers the company overvalued. This valua
topicNvidia Has Reportedly Agreed To Buy AI Model Hosting Platform Hugging Face For $13 Billion
Nvidia has announced a definitive agreement to acquire AI model platform Hugging Face for $12.93 billion, structured as approximat
topicAlibaba launches $10 billion Hong Kong share placement to fund AI spending
Alibaba Group has completed an HK$80 billion share placement in Hong Kong, raising $10.2 billion to fund artificial intelligence i
topicRead Tim Cook’s full memo to Apple employees on his last day as CEO
Apple prepares for a major product event on September 9 under new CEO John Ternus. Ternus officially took over the role on Septemb
topicDutch central bank moves gold bars out of New York over ‘geopolitical unrest’
European central banks are actively withdrawing gold bullion from the United States and Canada amid mounting global uncertainty. T
topicThe bond market rout is global. Here’s what’s driving it
Emerging-market local bonds gain over three percent as yields on U.S., European, and Japanese debt slide downward. This divergence
Wall St slips as higher oil prices, hawkish Fed bets weigh
Major US stock indexes edge lower following a hotter-than-expected August jobs report that shifted Federal Reserve interest rate e
topicRed lights are flashing in energy markets
Artificial intelligence tools now detect warning signs of plasma instabilities, predicting disruptions before they impact the extr
topicTarget Apologizes For ‘Offensive’ and ‘Hurtful’ Children’s Halloween Costume
Target removed a controversial children's Halloween costume following widespread social media backlash over its resemblance to rac
topicOpenAI calls for stronger AI laws in California
California lawmakers have passed Senate Bill 813 to certify independent artificial intelligence auditors by the year 2028. This le
topicOpenAI releases powerful new GPT-5.6 model under restrictions
OpenAI launched GPT-6 Astra with advanced capabilities in coding, research, and computer use, but restricted certain features due
topicBattle over prediction markets heads to U.S. Supreme Court
The U.S. Supreme Court is examining a petition from New Jersey authorities that challenges lower court rulings regarding state ove
topicDutch central bank shifts billions in gold from US to Britain in ‘crisis preparedness’ move
De Nederlandsche Bank completed a multi-month operation to relocate 86 metric tons of gold reserves from North America to London.
topicRivian’s CFO is leaving the company
Rivian Chief Financial Officer Claire McDonough will step down from her position on October 30. McDonough plans to assume the chie
topicRead John Ternus' First Memo to Apple Employees as CEO
Apple prepares to host its Surprise and Shine event on Wednesday, September 9, marking the first major product showcase under new
topicGreat News for Meta Stock Investors
Global financial markets encounter renewed pressure as the Sensex falls 491.80 points amid an IT stock sell-off, rising crude oil
topicWarsh Is Driving the Bond Market, Whether He Wants to or Not
Stronger-than-expected jobs data has fueled market bets that the Federal Reserve could raise interest rates at its upcoming meetin
topicWalmart adding Apple Pay, other tap-to-pay options
Walmart is expanding its contactless payment options to select retail stores and Sam's Club locations in Missouri. The rollout all
topicReserve Bank of New Zealand Delivers Further Rate Increase
Central banks face diverging policy paths as global inflation pressures persist. The Reserve Bank of New Zealand previously raised
topicSpaceX Is Building A $100 Billion 'Starbase' Launch Site In Louisiana
SpaceX is moving forward with plans for its $100 billion Starbase launch facility in Vermilion Parish, Louisiana, a project suppor
topicFederal appeals court rules that states can regulate betting markets
The future of state versus federal control over sports betting is facing a high-stakes test at the U.S. Supreme Court as predictio
topicOil hits one-week low as investors shrug off US sanctions on Iran
Crude prices push upward toward $100 per barrel following United States military strikes against three Iranian oil tankers. Brent