In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The General Motors logo on GM’s global headquarters in Detroit, Michigan, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources. And an abrupt end to that…
For the past few days, if you’re even remotely into watches, your Instagram feed has probably been flooded with speculations about Swatch’s next big collaboration. Ever since the first teasers dropped, the rumours have only grown louder. And, honestly, the clues were becoming impossible to ignore. Swatch would be teaming up with Audemars Piguet, and…
The longer the Iran war lasts and the more damaging its economic fallout, the better off the global economy may be in the long run. It’s a hard-to-square possibility, especially with the war’s large number of human casualties. War is ugly, cruel and deeply painful, and the economic harms of this one have hurt billions…
It’s becoming Hengrui Pharma’s world, and some Western drugmakers are just living in it. China’s largest pharma company, which boasts one of the biggest pipelines … Sign up to read this article for free. Get free access to a limited number of articles, plus choose newsletters to get straight to your inbox.
BANGKOK (AP) — Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war ‘s closure of the Strait of Hormuz has choked off the supply of this fuel that powers the global maritime industry and its largest refueling hub in Asia. Bunker fuel is a literal bottom…
Amazon deliveries keep getting faster. On Tuesday, the online retailer announced the launch of its 30-minute delivery option, dubbed “Amazon Now,” in dozens of U.S. cities. This ultra-fast delivery option will allow customers to shop across “thousands” of items, Amazon says, including fresh groceries, household essentials, and other locally relevant items. At launch, Amazon Now…
Consumer prices rose 0.6% in April over the previous month, according to data released by the Bureau of Labor Statistics on Tuesday morning, in line with expectations and below March’s 0.9% increase. The inflation measure rose 3.8% year over year, exceeding expectations of 3.7% and March’s 3.3% reading. April’s year-over-year increase is the largest such jump since…
What happened: GameStop (GME) stock pared losses to drop 2% on Tuesday. What’s behind the move: Online marketplace eBay (EBAY) rejected the video game retailer’s unsolicited $56 billion bid. In a letter to GameStop CEO Ryan Cohen, eBay board of directors chair Paul Pressler wrote, “We have concluded that your proposal is neither credible nor…
As Yahoo Finance’s Jake Conley and Myles Udland note, the calendar swings back this week from a busy earnings season to key releases of inflation data, as April’s Consumer Price Index headlines the week on Tuesday. But we’ll still have a steady trickle of news from medium-size businesses from all corners of the economy. Here’s…
The central debate on Wall Street is starting to sound something like this: Bears say, “It’s starting to look like 1999 – sell tech stocks,” while bulls counter, “It’s starting to look like 1999 – buy tech.” This disagreement over whether to embrace or recoil from the market’s resemblance to the final frenzy of the…
US derivatives exchange CME Group Inc. and index provider Silicon Data are teaming up to create a futures market for computing power, a key source driving the AI boom. The futures will help traders, financial firms, AI builders and cloud providers manage volatility and price swings, according to a statement Tuesday. Indexes from market-intelligence firm…
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The legislation that could fully insert the U.S. crypto industry into the regulated financial system has emerged in its latest form, with the Senate Banking Committee unveiling the market structure bill’s text just after midnight on Tuesday in advance of this week’s hearing that’s set to push the effort forward. The latest version wasn’t expected…
Meta, the parent company of Facebook and Instagram, is failing to stop some con artists who repeatedly buy ads on the platforms to target seniors with scams, according to a new report. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The report is due to be released Tuesday…
In a report on Monday, The Information explained why the water-supply question is a problem for the entire AI industry to solve—not just data centers, which are already finding ways to reduce and reuse water. Citing research from a water technology company called Xylem, The Information reported that “the water toll of AI is far…
If you’ve been told this once, you’ve been told it 100 times: when you’re evacuating a plane in an emergency situation, leave all carry-on items behind. Apparently, a Frontier customer service agent didn’t get that memo following the horrific incident on Friday night when a person was struck and killed by Frontier flight 4345 during…
More than a dozen CEOs, including top tech and finance leaders, were invited to join US President Donald Trump on his visit to China this week, according to a White House official. The list includes Apple’s Tim Cook, Tesla’s Elon Musk, and Goldman Sachs’ David Solomon, along with the CEOs of Boeing and agricultural giant…
TV and media entrepreneur Byron Allen is acquiring a majority stake in BuzzFeed — investing $120 million in the 20-year-old digital media company — and will become CEO. Allen plans to expand BuzzFeed and HuffPost into “free-streaming video, audio and user-generated content.” BuzzFeed on Monday announced that it entered into a transaction agreement with Allen…
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A year after followers of President Donald Trump put down $100 deposits for a Trump-branded gold phone, not one has shipped, and a recent change in the fine print has some worried they may never arrive. Last month, the company behind Trump Mobile, T1 Mobile LLC, quietly updated its preorder terms and conditions to clarify…
Traders work at the New York Stock Exchange on May 7, 2026. NYSE The S&P 500 slipped on Tuesday, weighed down by losses in technology stocks and higher oil prices, as traders reacted to a hotter-than-expected annual consumer price index reading for April. The broad market index was 0.16% lower, closing at 7,400.96, and the…
Tomorrow, May 12, marks the public sale of the U.S. Mint’s latest American Innovation $1 coin, which honors Steve Jobs as California’s representative in the program. Here’s how to get yours. Steve Jobs $1 coin goes on sale tomorrow, May 12 As we covered last October, this year’s American Innovation $1 Coin Program will honor…
The Atlanta Braves are joining the legion of MLB clubs taking a sizable hit to its media revenue as the regional sports network business continues its free-fall. According to financials released by the team for the first quarter of 2026, broadcasting revenue declined by 41% versus the same period last year. While the first quarter…
Michael Burry, the investor who accurately called the U.S. housing crash in 2008, is not feeling good about the state of the stock market these days. The investor, best known as the inspiration for the 2015 film The Big Short, which looked at his prediction of the subprime mortgage crisis, said he believed the market’s…
Consumer prices rose 0.6% in April over the previous month, according to data released by the Bureau of Labor Statistics on Tuesday morning, in line with expectations and below March’s 0.9% increase. The inflation measure rose 3.8% year over year, exceeding expectations of 3.7% and March’s 3.3% reading. April’s year-over-year increase is the largest such jump since…
OpenAI’s Daybreak combines GPT-5.5-Cyber and Codex Security. OpenAI’s Daybreak combines GPT-5.5-Cyber and Codex Security. May 11, 2026, 11:05 PM UTC Stevie Bonifield is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI. OpenAI is launching Daybreak, an AI initiative focused on…
General Motors has laid off more than 10% of its IT department, or about 600 salaried employees — in a deliberate skills swap: clearing out workers whose expertise no longer fits and making room for some with AI-focused backgrounds. GM confirmed to TechCrunch that it had conducted layoffs; they were first reported by Bloomberg News….
As an economics undergraduate at Duke University in the 1990s, Amy Hood had no master plan that would one day land her the top finance job at one of the world’s biggest tech companies. In fact, now Microsoft’s chief financial officer, Hood, said her career has looked more like a roller coaster than a ladder—and…
The federal Drug Enforcement Administration (DEA) has announced it will soon be rolling out new forms for additional types of state-licensed medical marijuana businesses beyond dispensaries that want to take advantage of federal protections in line with the Trump administration’s cannabis rescheduling process. Last month, DEA launched a registration form for medical marijuana dispensaries only,…
Google researchers found evidence in the exploit’s code that it may have been created using AI, like a ‘hallucinated’ CVSS score. Google researchers found evidence in the exploit’s code that it may have been created using AI, like a ‘hallucinated’ CVSS score. May 11, 2026, 4:09 PM UTC Stevie Bonifield is a news writer covering…
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT – General Motors is laying off hundreds of salaried employees in its information technology operations as the automaker reevaluates its workforce needs and cuts costs, CNBC has…
A Frontier Airlines flight at Denver International Airport was quickly evacuated Sunday night after a gun magazine was found in the aircraft. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Frontier Flight 4765, which was scheduled to travel from Denver to Phoenix, was promptly evacuated after the discovery,…