Paramount reported year-over-year growth in both revenue and adjusted EBITDA as CEO David Ellison and his team seek to remake the company they acquired late last summer. At the same time, the company also says that it is “making great progress” on its deal to acquire Warner Bros. Discovery, with a late Q3 target close…
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A Spirit Airlines Airbus A321 airplane taxis at Los Angeles International Airport after arriving from Fort Lauderdale on March 30, 2025 in Los Angeles, California. Kevin Carter | Getty Images Just hours after Spirit Airlines collapsed, its rivals unveiled their new flight plans. Airlines had actually been at work for months on their route changes…
The national average price of gas pushed higher Monday to $4.46 per gallon, as oil futures rose again after three days of declines, increasing the Iran war’s direct cost to consumers. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. crude oil closed up 4.4% at $106.42 per…
FOX Business’ Jeff Flock joins ‘Varney & Co.’ to break down the Justice Department’s criminal probe into soaring beef prices as Americans face sticker shock at the grocery store and experts point to a “perfect storm” driving costs higher. The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef…
Colin Angle revealed his latest creation this week: a dog-sized robot ‘Familiar’ designed for human connection, not chores. May 4, 2026, 4:51 PM UTC Colin Angle revealed his latest creation this week: a dog-sized robot ‘Familiar’ designed for human connection, not chores. May 4, 2026, 4:51 PM UTC Jennifer Pattison Tuohy is a senior reviewer…
When do we take AI doomers seriously? That’s a key subtext of Elon Musk’s attempt to shut down OpenAI’s for-profit AI business. His attorneys argue that the organization was set up as a charity focused on AI safety and lost its way in pursuit of lucre. To prove that, they cite old emails and statements…
(Bloomberg) — Oil prices jumped as critical energy infrastructure and tankers in the Middle East came under attack, marking a significant escalation in the US-Iran hostilities and jeopardizing a four-week-old ceasefire. Most Read from Bloomberg Brent futures surged 5.8% to settle above $114 a barrel after an Iranian drone strike caused a fire in a…
Leave it to GameStop (GME) to drag meme stocks back into the conversation. The meme-stock poster child is back in the spotlight after chasing eBay (EBAY) with an eye-catching takeover bid. But the broader group had already been moving since the March 30 market reset low. Even GameStop’s own stock reaction had a tired feel….
In this article LLY NVO Follow your favorite stocksCREATE FREE ACCOUNT Wegovy semaglutide tablets. Michael Siluk | Universal Images Group | Getty Images When the Wegovy pill launched in January, telehealth provider LifeMD said its business doubled almost overnight. LifeMD went from seeing between 300 and 400 new patients a day to 600 to 1,000…
In this article 8JO0-FF LOT PSNY LOT Follow your favorite stocksCREATE FREE ACCOUNT Politicians on both sides of the aisle want to block Chinese vehicles from the United States. But over 100 Chinese automakers, auto tech companies, and parts suppliers already have a presence in the U.S., according to a survey done by Dunne Insights,…
A United Airlines plane hit a light pole during its final approach to Newark Liberty International Airport, injuring a driver on the New Jersey Turnpike and damaging the aircraft, officials said Sunday. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Flight UA169, a Boeing 767 carrying 221 passengers…
Not long ago, the thought of a stock surpassing $1 trillion seemed unfathomable. Today, there are several stocks with market caps of more than $1 trillion, some of which have surpassed $4 trillion. This is largely due to the emergence of artificial intelligence (AI) and the belief that the technology will change life as we…
* This post may contain affiliate links and we earn a commission on qualifying purchases. During Teacher Appreciation Week 2026, multiple restaurants are offering freebies & discounts starting May 4th! Read on for a growing list of offers. Restaurants often announce their deals the day they are valid so check back for additional offers. Keep…
A sign announces Spirit’s shutdown on Saturday at George Bush Intercontinental Airport in Houston. Lekan Oyekanmi/Associated Press There were several moments over the past decade foretelling the demise of Spirit, the low-cost, cramped-seat, pay-for-everything-but-oxygen airline you loved to hate. Those moments had nothing to do with the recent spike in fuel prices and everything to…
Wild dashcam video shows the nightmarish moment a United Airlines plane struck a bakery truck on the New Jersey Turnpike while coming in to land at Newark Airport. Footage inside the truck shows the driver, who works for the Baltimore-based H&S Bakery, looking happy and relaxed while driving along the Turnpike Sunday afternoon when the…
Shares of eBay are soaring before the opening bell Monday as Ryan Cohen’s GameStop pursues an approximately $56 billion takeover of the company, seeing it as a vehicle to compete with online retail giant Amazon. The national gaming retailer said that its approximately 1,600 U.S. stores could become drop-off and shipping locations. One proposal includes…
In a recent escalation of trade tensions, US President Donald Trump announced a significant increase in tariffs on European Union (EU) automobiles, raising them from 15 to 25 percent. This decision reflects a growing impatience with perceived delays in implementing a previous trade agreement and coincides with broader transatlantic tensions exacerbated by differing stances on…
Nail-biting video shows fed-up Brooklyn drivers head the wrong way on the highway in a reckless move to avoid gridlock traffic from the annual TD Five Boro Bike Tour. Video of the chaos posted on social media by the Williamsburg News shows cars stranded — some face to face — as outraged drivers opted to…
Bitcoin is trading above $80,000 as Asia begins its trading week, a level not seen since the end of January. Analysts at CryptoQuant say that BTC’s return to $80,000 is being powered by buyers who don’t fully trust it, a dynamic reflected in both positioning data and on-chain signals. ETF inflows and leveraged longs have…
Most people don’t know and don’t have much reason to care what a currency swap line is, except that the financial instrument could soon help markets understand what Federal Reserve Chair nominee Kevin Warsh‘s unique ideas about Fed independence really mean. Warsh has said categorically the Fed should be “strictly independent” in the making of…
WALLDORF and AUSTIN — SAP SE (NYSE: SAP) and Dremio today announced that SAP has agreed to acquire Dremio, an open, high-performance data lakehouse platform built to accelerate agentic AI and expand SAP Business Data Cloud’s ability to combine SAP and non-SAP data to more effectively run analytical and AI workloads in real time. Terms of the deal were not…
A Chinese court ruled that companies cannot terminate employees just to replace them with artificial intelligence systems, as authorities juggle the need to stabilize the domestic labor market with a global race to develop AI technologies. The court decided that a tech firm in eastern China had illegally fired one of its workers after he…
LOADINGERROR LOADING Top White House economic adviser Kevin Hassett took a swipe at Spirit Airlines, which ceased operations on Saturday, for citing sky-high fuel prices driven by President Donald Trump’s war on Iran as a reason for its closure. “Are other industries also at risk of collapse, or other major companies, due to this energy…
NEW YORK (AP) — The U.S. stock market fell from its record heights Monday, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran. The S&P 500 sank 0.4%, coming off its latest all-time high. The Dow Jones Industrial Average dropped 557 points, or 1.1%,…
For the better part of the last seven years, Wall Street’s major stock indexes have been unstoppable. The broad-based S&P 500 (^GSPC 0.41%) has rallied at least 16% in six of the last seven years, while the iconic Dow Jones Industrial Average (^DJI 1.13%) and technology-driven Nasdaq Composite (^IXIC 0.19%) have reached psychologically important levels…
Investing.com — Federal Reserve Bank of Minneapolis President Neel Kashkari said Sunday that the prolonged Iran conflict increases risks of elevated inflation and economic harm, constraining the central bank’s ability to offer clear guidance on interest rate policy. Speaking on CBS’s Face the Nation, Kashkari said he remains focused on the Iran war’s effects on…
The upcoming SpaceX IPO should make history. There are already ways to invest in SpaceX today. But these methods are largely buying shares that have already been issued. The IPO, meanwhile, will issue new SpaceX shares, meaning that the proceeds will go directly to the company’s bank account, minus a chunk of underwriting and other…
Traders work on the floor of the New York Stock Exchange during morning trading on May 1, 2026 in New York City. Michael M. Santiago | Getty Images Stocks fell on Monday as the latest developments in the Middle East sent oil prices higher, sparking further worries about instability in the region. The Dow Jones…
An entitled traveler forced a Delta plane to return to the gate because she refused to hang up her phone before takeoff — prompting outraged passengers to chant, “Get off the plane.” Shannon Marie Harris, 46, was asked by flight attendants to end her phone call after boarding a Delta Air Lines flight from Miami…
When Spirit Airlines shut down overnight Saturday — canceling all flights, letting go of 17,000 employees, and telling ticketholders to just not come to the airport — people were flabbergasted but also bereft. For all its indignities, Spirit was cheap. Then one of them had an idea. Hunter Peterson, a voice actor with frequent flyer…
In this article EBAY GME Follow your favorite stocksCREATE FREE ACCOUNT Video game retailer GameStop announced Sunday it has made an unsolicited, nonbinding offer to acquire eBay for $125 per share in a cash-and-stock deal, valuing the e-commerce platform at roughly $55.5 billion. The offer, split evenly between cash and GameStop common stock, represents a…