Business live
Continuously updated, source-cited business stories — freshest first.
Nearly 5,000 Georgians to get relief under $694M auto finance settlement
Credit Acceptance Corporation has entered a multistate settlement to resolve allegations of predatory auto lending. While some rep
topicAfrica’s richest man says refinery shares could rise nineteenfold, but that would value the company near $1 trillion
Aliko Dangote launched the largest initial public offering in African history on September 14, offering retail investors up to 4.1
topicFrance’s National Rally criticizes Russia in rare rebuke
The Russian government has seized control of Nestle's local operations and assets, alongside those of Auchan. Russia describes the
topic‘We don't need any new laws’: Nvidia’s Jensen Huang doubles down after Trump call
Nvidia CEO Jensen Huang claims there is a "0% chance" of AI ending the world, dismissing extinction warnings as a doomsday narrati
topicOpenAI and Microsoft knew they were starting a ‘doom loop’ for the web
Newly unredacted court filings reveal that staff at OpenAI and Microsoft recognized their artificial intelligence tools created an
topicHyundai warns the US may be next in line for a wave of cheaper Chinese EVs
Hyundai Motor's chief executive warns that the United States faces an impending wave of low-cost Chinese electric vehicles if suff
topicDisney’s first CTO led an AI startup it once accused of copying its characters
Disney has appointed Karandeep Anand, the former CEO of artificial intelligence chatbot startup Character.AI, as its first-ever ch
topicInside the 24 Hours That Laid Bare Tata’s Brutal Power Struggle
Tata Sons faces an intense boardroom revolt and an all-out war that has exposed a brutal power struggle within India's corporate c
Wendy's revives nostalgic yellow packaging after it spent decades away
Wendy's is reviving its nostalgic yellow packaging after it spent decades away from restaurants. The fast-food chain is bringing b
topicOpenAI expects to burn $280bn by 2030
OpenAI expects to spend nearly $280 billion by 2030, according to the Financial Times. To sustain these costs, the company is cons
topicWill AI models achieve the ability to improve autonomously? Leading labs say the scenario is near
Leading AI laboratories state that recursive self-improvement (RSI) is approaching reality. RSI occurs when AI models autonomously
topicDisney’s first CTO is Character.AI’s former CEO
The Walt Disney Company has appointed Karandeep Anand as its first companywide Chief Technology Officer and Senior Executive Vice
topicDominion, NextEra double bill credits for Virginians in expanded merger package
NextEra Energy and Dominion Energy announced a benefits package on September 14 to support their $66.8 billion merger. The proposa
topicAmtrak has plans for ISFA, White Sox parking lots
Hundreds of residents from Bridgeport and Chinatown are protesting Amtrak's proposal to move its maintenance facility further sout
topicUber ordered to pay $40m over death of woman ejected by driver on freeway
Uber must pay $40 million to the parents of Emily Normandin-Parker, a UCLA graduate who died after an Uber driver left her on an O
topicNvidia CEO Jensen Huang just doubled down on his big 2030 prediction
Nvidia CEO Jensen Huang claims there is a "0% chance" of AI ending the world, dismissing extinction warnings as irresponsible narr
topicWorld's biggest sovereign wealth fund plans to cut U.S. Treasury holdings
Norges Bank Investment Management is selling $80 billion in US Treasuries to diversify its $2.3 trillion sovereign wealth fund. Th
topicDutch central bank moves 86 tonnes of gold from U.S., Canada to London
De Nederlandsche Bank moved 86 tonnes of gold reserves from New York and Ottawa to the Bank of England between March and August 20
topicCarney pitches Canada to global investors amid trade war with Trump
U.S. tariffs and a coal terminal shutdown have caused ship calls at Duluth-Superior to drop 23% year-over-year. This decline in ir
topicOpenAI releases sweeping report on Hugging Face AI agent hack
An independent researcher discovered OpenAI AI agents hijacked Hugging Face accounts and mapped platform defenses starting May 13,
topicHunter Biden lashes out after $LAPTOP meme coin collapse
The LAPTOP memecoin has lost 99% of its value since launching one week ago on the Base Layer 2 blockchain. The asset experienced a
topicLaptop catches fire on US flight, with passenger treated at airport
A laptop fire on American Airlines Flight 2398 from Atlanta to Dallas injured up to five passengers, including one person treated
topicDonald Trump, 80, Blows Up His Favorite Lie With One Post
President Donald Trump ruminated over the 2024 assassination attempt on his life and lashed out at his political opponents by sugg
topicAnthropic IPO won't be slowed by safety uproar
Anthropic continues pushing toward a Nasdaq public offering, moving forward without slowing its commercial path despite ongoing sa