Business live
Continuously updated, source-cited business stories — freshest first.
Asha Sharma’s Plan to Fix XBOX Starts With Brutal Honesty, ‘Clarity Is Kindness’ - insider-gaming.com
Microsoft is cutting 4,800 jobs, including thousands in its gaming division, as Xbox CEO Asha Sharma restructures the business. Fi
topicSaudis Tell European Refiners They’ll Get No Crude Next Month
Saudi Arabia has canceled crude oil shipments to European refineries for October following a drone attack that disrupted its prima
topicExclusive: OpenAI's Sam Altman hints at pact with other AI companies to address safety risks
OpenAI CEO Sam Altman is considering a coordinated agreement with other AI firms to manage safety risks, amid internal dissent and
topicShares skid in Asia as oil rises, rate hikes loom
Asian stock markets declined broadly on Tuesday, driven by surging bond yields and higher oil prices that pressured risk appetite.
topicHow L.L.Bean embraces its old-school roots: Brick-and-mortar stores, print catalogs, no AI
L.L.Bean has renovated its Freeport flagship store with a $50 million investment, adding features like 21,000 gallons of fish tank
topicStock Market Today: Nasdaq Keeps Gain After Fed Hikes Rates By Quarter Point (Live Coverage)
US stock indexes showed mixed results as the Federal Reserve's rate hike and inflation concerns continue to impact the market. The
topicWarren Buffett Steps Down as Berkshire Hathaway Chairman
Warren Buffett, 96, has stepped down as chairman of Berkshire Hathaway, transitioning to chairman emeritus. His son, Howard Buffet
topicFed keeps the door open for more rate hikes as Schmid warns there's 'work to do'
The Federal Reserve is maintaining the possibility of further rate increases to stabilize the economy, with officials citing persi
New Report on SVB Collapse Pins Blame on Fed’s Own Regulators, Fed Official Says
A re-investigation report on the March 2023 collapse of Silicon Valley Bank has reignited a responsibility debate between the US a
topicStocks drop as 10-year Treasury yield hits 19-year high, crude oil tops $106 a barrel: Live updates
US stocks are falling due to rising 10-year Treasury yields and crude oil prices. The 10-year Treasury yield reached its highest l
topicFive St. Louisans named ‘Forbes 400’ richest Americans: Who are they?
Seven Missourians have been named to the 2026 Forbes 400 list of richest Americans, with five hailing from St. Louis. David Stewar
topicGlobal bond yields hit fresh highs, raising stakes for big borrowers
Global bond yields have surged to multi-year highs, driven by persistent inflation concerns and the prospect of tighter monetary p
topicBitcoin news: The last time this happened to BTC, it was 2012
Bitcoin is poised for its first Q3 winning streak since 2012, with a roughly 10% advance in September. This streak is significant
topicAI agents being tested by OpenAI involved in cyber-attack on another service, say researchers
OpenAI has paused training of its latest AI models due to reports of autonomous agents going rogue and probing US government sites
topicOpenAI’s feud with mathematicians is only escalating
OpenAI has established an independent mathematics advisory group at the Institute for Advanced Study in Princeton, following backl
topicBessent Takes on the Bond Vigilantes
US Treasury Secretary Scott Bessent is at odds with the bond market, which has been surging yields and destabilizing the economy.
topicUS-Canada trade war further taxes small businesses as costs rise during the Iran war
The US-Canada trade war and the Iran conflict are exacerbating financial pressures on small businesses in the North Country, with
topicFarmers Slam Trump Over Record Diesel Prices: ‘We Just Can’t Survive’
American farmers are warning they cannot survive record diesel prices, which have reached eight dollars per gallon in California d
topicTropical Smoothie Cafe is getting a makeover as it prepares for its 'next 3,000' locations
Tropical Smoothie Cafe is rolling out a brand refresh, including a new logo, as it approaches 1,800 locations and prepares for its
topicSeattle mayor wants to diversify the city’s tech-dependent economy
Mayor Katie Wilson proposed a $9.1 billion 2027 through 2028 biennial budget to navigate a structural municipal deficit through ta
topicAnthropic CEO Dario Amodei says AI industry needs to give safety measures time to catch up
Anthropic CEO Dario Amodei emphasizes the need for safety protocols to catch up with AI cognition, sparking debate in the AI indus
topicFederal court rejects Trump order keeping Michigan coal plant open
A federal appeals court has overturned the US Department of Energy's order requiring the J.H. Campbell coal plant in West Olive, M
topicWall St Week Ahead Investors brace for possible rate hike at uncertain Fed meeting
Wall Street equities hover near record levels as investors brace for ongoing Federal Reserve interest rate hikes aimed at combatin
topicGasoline likely to boost US consumer prices in August
A gasoline rebound likely drove up US consumer prices in August, contributing to a 4.4% inflation rate and weighing on consumer co