Business live
Continuously updated, source-cited business stories — freshest first.
Iconic seafood restaurant in Scarborough has closed
Bayley's Seafood Restaurant in Scarborough has permanently closed after three decades of operation. The family-owned establishment
topicA.I. Is Becoming So Powerful, It’s Stumping Those Trying to Contain It
Artificial intelligence models are advancing faster than their guardrails, stumping those trying to contain them. Recent tests for
topicVegas hotels are panicking about losing Canadian tourism amid Trump's trade wars: 'We want to welcome them back'
Las Vegas hotels are actively courting Canadian tourists as US trade tensions threaten to deter visitors from Canada. The city's t
topicSpaceX unveils Starbase launch site in Louisiana, moves up orbital data center launch timeline
SpaceX plans to build a $100 billion spaceport in Louisiana, dubbed Starbase, with five launch sites, worker housing, an airport,
topicHow wealthy families can prepare for aging parents and avoid a succession crisis
Succession planning for wealthy families is expanding beyond the transfer of financial assets to include the active preparation of
topicStarbucks’ Pumpkin Spice Latte Is Back, Along With 6 All-New Drinks—and We Tried Them First
Starbucks has brought back its Pumpkin Spice Latte (PSL) as part of its 2026 fall menu, along with six new drinks. The PSL returne
topicUS Treasury’s Scott Bessent ‘will lose’ battle with bond markets, former mentor warns
The US Treasury's plan to lower interest rates through bond buybacks is facing skepticism from market experts. Treasury Secretary
topic‘Stop feeding': Cans of popular Midwest dog food brand recalled nationwide
A popular Midwest dog food brand, Fromm, has recalled its canned dog food nationwide and in Canada due to potential metal contamin
Here's when the Social Security COLA update is expected to be released
The Social Security Administration is expected to announce the 2027 cost-of-living adjustment (COLA) soon. Retirees can start plan
topicNvidia options traders bet on a bounce back above $220 after earnings
Nvidia options traders are betting on a bounce back above $220 after earnings. This comes as the company's Q2 earnings are set to
topicThe data center fight is hitting a fever pitch. Here's how they actually work
The backlash against AI data centers is intensifying, with a majority of Americans now opposing their development in local communi
topicEducation Department Lowers Student Loan Interest Rates for Two Years
The US Department of Education is lowering federal student loan interest rates by 1% for borrowers who enroll in autopay. This inc
topicThe AI ‘death zone’ is here and most corporate AI strategies are standing in it
Bill Gates states that artificial intelligence has passed its danger thresholds, adding a new layer of urgency to the existing ins
topicVideo Appears to Show Peacock Being Attacked by Mail Carrier
Sugar, a white peacock in Pasadena, is recovering with a good prognosis after an alleged attack by a U.S. Postal Service worker. P
topicAsian Stocks Under Pressure After US Tech Selloff: Markets Wrap
Asian stocks are under pressure as chipmakers fall, following a mixed performance on Wall Street where tech stocks faced selling p
topicShein’s IPO Plans Value It at About $27 Billion. That’s Shockingly Low
Shein plans to debut on the stock market on September 1 with a target valuation of almost $27 billion. This figure represents a st
topicBessent says Treasury auctions will continue as usual despite expanded buyback program
Scott Bessent confirmed that U.S. Treasury auctions will proceed as scheduled despite the implementation of an expanded bond buyba
topicXPeng Sinks 7% as Q2 Miss Overshadows $6.3B Robotics Valuation, NIO Drops 4%, Tesla Slips
XPeng shares fell between 7% and 9% after the company missed second-quarter targets and issued a weak revenue and delivery outlook
topicWaymo recalls about 3,900 robotaxis after some drove into 'freeway construction zones'
Waymo has submitted documents to the National Highway Traffic Safety Administration regarding a collision involving a child, thoug
topicDunkin' is giving away 1 million free drinks today. Get the code
Dunkin' is giving away 1 million free espresso beverages today to celebrate the start of pumpkin season. The promotion is limited
topicWalmart says it will use billions in tariff refunds to keep prices low
Walmart is launching Scenario, a women's fashion brand with 280 styles mostly priced under $25, to attract trend-conscious younger
topicScott Bessent is 'playing with fire' as Treasury debt buyback scheme risks dollar devaluation spiral
Treasury Secretary Scott Bessent doubled the maximum size of planned long-term Treasury buybacks from $2 billion to $4 billion las
topicUber fined nearly $1 billion by Dutch regulators over automated suspensions of driver accounts
Uber plans to appeal an 825 million euro fine issued by the Dutch Data Protection Authority for using automated systems to suspend
topicFed officials warned rate hikes may be needed if inflation stays high
Minneapolis Fed President Neel Kashkari reports that inflation is not decreasing quickly enough to meet the central bank's 2% targ