Business live
Continuously updated, source-cited business stories — freshest first.
Intuit Forecasts Slower Growth, Takes Steps to Win More TurboTax Users
Intuit shares fell 12% after the company issued cautious fiscal 2027 guidance that missed analyst estimates. While the company bea
topicO’Hare Flyer Train Would Bring Visitors From Airport To Downtown In Just 15 Minutes
A private group has unveiled plans for the O'Hare Flyer, an electric express train designed to transport passengers between downto
topicBlackRock Helps Pull More Bitcoin Wealth Deeper Into Wall Street
BlackRock is accelerating the transition of Bitcoin from private wallets to institutional custody through its IBIT ETF. The firm h
topicGold rally takes a breather ahead of US inflation data
Gold prices eased on Wednesday, ending a three-day advance as investors await US inflation data. The metal recently reached its hi
topicOpenAI loses a top data center exec, as stream of high-profile departures continues
Chris Malone, the head of data centers at OpenAI, has left the company. His departure is part of a larger trend of senior leadersh
topicAnthropic to Tell Investors It Has Potential Revenue of Basically the Entire US GDP
Anthropic is pitching investors a total addressable market of over $30 trillion, a figure comparable to the entire US GDP. The com
topicCISA slaps its tightest three-day patching deadline on perfect-10 Oracle flaw
CISA has imposed a three-day patching deadline for a critical Oracle WebLogic Server vulnerability. The flaw carries a perfect-10
topicSqueezed by tariffs and Iran war, farmers say they face a new crisis
US grain farmers are experiencing one of their worst crises in decades as the war with Iran and active tariffs drive costs higher.
Billionaire Texas family to buy Union Oyster House, family spokesperson says
The Fertitta family, a billionaire Texas group and casino operator, is buying the Union Oyster House. A family spokesperson confir
topicAmazon delivery driver accused of hitting elderly man at Elk Grove gas station, police say
An Amazon delivery driver struck a 71-year-old man inside a California gas station after a parking dispute. The incident occurred
topicMcKesson strikes $2.25 billion Precision Medicine deal in clinical research bets
McKesson has agreed to buy Precision Medicine Group for $2.25 billion, aiming to enhance its oncology and clinical research servic
topicSix Flags leaving Charlotte, keeping Sandusky office
Six Flags Entertainment Corporation is relocating its corporate headquarters from Charlotte, North Carolina to Arlington, Texas. T
topicCitadel Securities’ Flight Reverses Bearish Call on Long Bonds
Citadel Securities has reversed its bearish call on long bonds, now expecting lower long-term US Treasury yields. The firm previou
topicFoot Locker owner plunges after warning nervous consumers are cutting spending
Shares of Foot Locker's parent company have plunged after it warned that nervous consumers are cutting spending. The company repor
topicThis group of Social Security recipients face losing $16,900 a year in benefits
A group of Social Security recipients may lose $16,900 in benefits per year. The potential cut has raised concerns about the finan
topicFDA approves a new blood test to detect signs of Alzheimer’s
The US FDA has approved a blood test developed by Roche and Eli Lilly to detect signs of Alzheimer's disease. The test, called Ele
topicBitcoin price extends gains, briefly tops $81,000 as crypto rally gathers pace
Bitcoin's price jumped 3% and briefly surpassed $81,000, closing in on its three-month high of $80,000. The cryptocurrency's rally
topicBill Gates was an AI optimist. Now he’s scared of what could go wrong.
Bill Gates, once an AI optimist, now warns of significant risks posed by artificial intelligence, including job disruption and pot
topicEXCLUSIVE: China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources say
China's Moonshot AI is seeking revenue-sharing deals with Microsoft, Amazon, and Google for its Kimi K3 AI model. The startup want
topicChina flexes its auto-safety chops with huge recall of Tesla, other cars
Chinese regulators have ordered Tesla to recall nearly 3 million vehicles due to concerns over door handles that may be difficult
topicWhatever Happens on Wednesday, Nvidia Stock Will Almost Certainly Be Cheaper After Earnings
Nvidia's stock is expected to be impacted by its upcoming earnings report, with investors watching to see if the company's growth
topicTSA to replace ‘Gold+’ in privatization push
The Transportation Security Administration (TSA) is replacing its 'Gold+' program, which allowed certain airports to use private c
topicSoaring summer power bills spark protests
Rising electricity costs in Oklahoma have led to protests and power disconnections. The state's utility company, PSO, has implemen
topicDeloitte agrees to pay $21.5 million to settle DOJ probe into DEI practices
Deloitte has agreed to pay $21.5 million to settle a US Department of Justice (DOJ) probe into its diversity, equity, and inclusio