News Api Business

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Nike cuts 1,400 roles in second round of layoffs this year - CNBC

Nike announced 1,400 layoffs, primarily in its technology department, on Thursday after previously cutting 775 jobs in January.

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FDA Approves First-Ever Gene Therapy to Restore Hearing - WSJ

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Stocks close lower, retreating from records as software shares slump, oil jumps - CNBC

Stocks pulled back on Thursday, led by a drop in software and higher oil prices.

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Intel stock soars on Q1 earnings beat, strong outlook - Yahoo Finance

Intel reported better-than-expected Q1 earnings and offered a rosy outlook for Q2.

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Meta says it will cut 8,000 jobs as AI spending grows - BBC

The cuts, which employees had been expecting for weeks, will be Meta's largest layoff since 2023.

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Citadel Raises Halting NYC Expansion in Rebuke of Mamdani - Bloomberg.com

Citadel raised the possibility of abandoning a massive effort to expand in New York City, after Mayor Zohran Mamdani used billionaire founder Ken Griffin’s record-setting purchase of an apartment to tout a new tax proposal.

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OpenAI releases GPT-5.5, bringing company one step closer to an AI ‘super app’ - TechCrunch

OpenAI says its latest model offers increased capabilities across a broad variety of categories.

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What's Going On With Microsoft Stock Today? - Benzinga

Microsoft Corp (NASDAQ:MSFT) shares tumbled Thursday, after outlining a major overseas AI infrastructure push and near-term spending.

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Capital One to pay $425 million in settlement. Who qualifies and how to claim your cash. - Yahoo Finance

Capital One 360 Savings account holders may be eligible to receive back payment from the bank, along with a higher savings interest rate. Here's how to know ...

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Iran War Created Biggest Ever Energy Security Threat, IEA Says - Crude Oil Prices Today | OilPrice.com

The war in the Middle East and the closure of the Strait of Hormuz have created the largest energy security threat the world has ever faced, Fatih Birol, the executive director of the International Energy Agency IEA, told CNBC on Thursday.

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Why IBM’s Earnings Beat Spurred a Selloff in Software Stocks - Barron's

Investors appear to be treating any results that aren’t perfect as a confirmation of their worst fears about AI disruption.

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A group of users leaked Anthropic's AI model Mythos by reportedly guessing where it was located - Fortune

Anthropic’s model was reportedly accessed by a handful of users in an online forum.

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Blue Origin Offers an Explanation for Its Embarrassing Satellite Mishap - Gizmodo

Blue Origin's heavy-lift rocket failed to deliver a satellite to the proper orbit, prompting an investigation into the anomaly.

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Hollywood Petition to Block Paramount-Warner Bros. Merger Tops 4,000 Names as Robert De Niro, Sofia Coppola, Holly Hunter and More Join the Fight - Variety

including Robert De Niro, Sofia Coppola and Holly Hunter have signed joined an open letter opposing the Paramount-Warner Bros. merger, which now has more than 4,000 signatories.

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Microsoft will offer voluntary retirement to thousands of employees in a first for tech giant - GeekWire

Microsoft is offering a one-time voluntary retirement program for the first time in its 51-year history, giving thousands of long-serving U.S. employees a chance to leave with a financial payout and extended healthcare as it works to control costs amid a mass…

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BMW bumps the 7 Series for 2027, adds all-new battery - Ars Technica

The 2027 7 Series is available as an EV, with an inline-six, or an inline-six PHEV.

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Starbucks' loyalty program changes are drawing value-conscious customers - CNBC

Starbucks made some major changes to its long-standing loyalty program last month.

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How the First Surveillance Pricing Ban in America Falls Short - Gizmodo

The bill prohibits surveillance pricing at grocery stores, but experts warn there are loopholes.

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White House to Announce a Deal With Pharmaceutical Company Regeneron - NOTUS — News of the United States

President Donald Trump has made drug pricing a central part of his domestic agenda, even as pharmaceutical costs continue to rise.

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Biggest stock movers Thursday: TSLA, IBM, QS, NOW, and more - Seeking Alpha

Stock market movers: QS and TXN surge on earnings; NOW, ALT, and IBM slide on guidance and dilution.

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Bernard Arnault warns Middle East war could spiral into ‘global catastrophe’ - Financial Times

LVMH’s billionaire boss says luxury group’s recovery hinges on the conflict being resolved quickly

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Texas Instruments upgraded, Avis downgraded: Wall Street's top analyst calls - Yahoo Finance

Texas Instruments upgraded, Avis downgraded: Wall Street's top analyst calls

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Bitwarden CLI Compromised in Ongoing Checkmarx Supply Chain Campaign - The Hacker News

Bitwarden CLI 2026.4.0 was compromised via GitHub Actions in Checkmarx campaign, exposing secrets and distributing malicious npm code

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Elon Musk Confirms Millions of Tesla Cars Need New Hardware for Full Self-Driving - PCMag

The Tesla CEO suggests it may build a series of ‘microfactories’ to upgrade vehicles at scale.

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Kellogg's Is Bringing This Fan Favorite Back to Shelves After a Decade - Allrecipes

Kellogg's cereals reintroduce in-box toys nationwide for the first time in over 10 years. The collection features toys, spoons, and trading cards inspired by the upcoming "Toy Story 5" movie release. Fans can look for specially marked boxes in stores starting…

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US Jobless Claims Edge Up to 214,000 as Layoffs Stay Limited - Bloomberg.com

Applications for US unemployment benefits rose last week, though they remain at a level consistent with low layoffs.

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The unflattering secrets revealed so far in Elon Musk’s latest legal feud - The Washington Post

Hundreds of court filings have revealed cringey texts, emails or private diary entries of Musk, Sam Altman, other OpenAI founders and other public figures.

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CMS and FDA Announce RAPID Coverage Pathway to Accelerate Patient Access to Life-Changing Medical Devices - Centers for Medicare & Medicaid Services | CMS (.gov)

CMS and FDA Announce RAPID Coverage Pathway to Accelerate Patient Access to Life-Changing Medical DevicesNew pathway cuts red tape and brings predictability to Medicare coverage for Breakthrough Devices

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Lockheed Martin Retreats On Earnings Miss, Defense Demand Remains Elevated - Investor's Business Daily

Lockheed Martin stock extends downtrend after missing Q1 earnings estimates. Demand for missiles, interceptors, jets remains strong.

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'CAR' crash: Avis Budget stock plunge reminding some on Wall Street of GameStop - CNBC

Shares of Avis Budget Group, ticker 'CAR,' soared from under $100 last month to a record high near $850 in early trading Wednesday before a sharp U-turn lower intraday.

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American Airlines reports first-quarter 2026 financial results - American Airlines

American Airlines Group Inc. (NASDAQ: AAL) today reported its first-quarter 2026 financial results

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Tesla Stock Falls On Huge Capital Spending Plans, Elon Musk Comments - Investor's Business Daily

Capital expenditures now seen topping $25 billion in 2026, triple last year's level.

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Netflix boosts share buyback plan by $25 billion after failed Warner Bros bid - Yahoo Finance

Netflix said on Thursday its board has authorized an additional $25 billion share repurchase program, resuming ‌capital returns after the streaming giant...

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An Interview with Google Cloud CEO Thomas Kurian About the Agentic Moment - Stratechery by Ben Thompson

An interview with Google Cloud CEO Thomas Kurian about Google’s cloud priorities, enterprise agent platform, and Google’s integration advantage.

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‘F–k this coin’: Crypto traders fall out of love with Trump’s digital ventures - Politico

A Mar-a-Lago conference for top investors in Donald Trump’s $TRUMP crypto token featuring the president himself is drawing much less trading than a similar event last year.

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ServiceNow Inc (NOW) Q1 2026 Earnings Call Highlights: Strong Growth Amid Geopolitical Challenges - Yahoo Finance

ServiceNow Inc (NOW) reports robust subscription revenue growth and raises guidance despite geopolitical tensions impacting deal closures.

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"The Amtrak of the skies"? Trump's interventionism comes for Spirit Airlines - Axios

The move could test how far the administration is willing to go to prop up a struggling private-sector company.

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Crypto mogul sues Trump family venture over alleged fraud - ABC News - Breaking News, Latest News and Videos

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U.S. Officials Try to Get a Grip on Risks Bubbling Inside Private Credit - WSJ

In widespread requests, SEC is seeking information about valuations, loan selection and other practices by firms

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United Airlines CEO makes stark warning about ticket prices - thestreet.com

Scott Kirby warned that ticket prices could soon rise by up to 20%.

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MrBeast's company sued over alleged sexual harassment, wrongful termination - ABC News - Breaking News, Latest News and Videos

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Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies - AP News

The German company that owns Lufthansa Airlines and other European carriers says it plans to cut 20,000 short-haul flights through October as the Iran war drives up oil prices and deepens worries that some countries may run low on jet fuel. The Lufthansa Grou…

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Andreessen, Thrive Poised for Windfall From SpaceX’s Cursor Bid - Bloomberg.com

Andreessen Horowitz and Thrive Capital are poised for a multibillion-dollar windfall from their early investments in Cursor if Elon Musk’s SpaceX moves forward with an agreement to acquire the artificial intelligence coding startup for $60 billion. Andreessen…

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John Ternus’s net worth as Apple’s next CEO - thestreet.com

John Ternus will take over as Apple’s CEO in September 2026 when Tim Cook steps down Here’s how much Ternus is worth and how much money he’s likely to make.

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How Wall Street is setting records even with the Iran war still going on - Yahoo Finance

How can the U.S. stock market be setting records when gasoline prices are still expensive, U.S. households are feeling less confident about the economy and...

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lululemon Names Proven Brand Builder Heidi O’Neill as Chief Executive Officer - Lululemon

lululemon Names Proven Brand Builder Heidi O’Neill as Chief Executive Officer

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Stocks close at new record high as US extends ceasefire with Iran - Sherwood News

The mood was risk-on as traders bought Big Tech, AI names, and speculative stocks.

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US set to move to reclassify marijuana as early as Wednesday, Axios reports - Yahoo

WASHINGTON, April 22 (Reuters) - The United States administration is expected to move to reclassify marijuana as soon as Wednesday, Axios reported, citing an...

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Popular Trader Joe’s in Oakland could be replaced by two apartment towers for seniors - San Francisco Chronicle

A popular Trader Joe’s in Oakland could be replaced by two apartment towers for senior housing

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Homebuying Advances into New Era of Credit Score Competition - FHFA (.gov)

In a joint announcement, HUD Secretary Scott Turner and FHFA Director William J. Pulte announced that the Federal Housing Administration and Fannie Mae and Freddie Mac are implementing their first new credit score models for mortgages in decades. This histori…

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AbbVie Selects North Carolina for New $1.4 Billion Manufacturing Campus - AbbVie News Center

Marks AbbVie's largest-ever capital investment in a single campus since its inception Investment demonstrates continued progress against AbbVie's $100 billion commitment to U.S. research and...

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Rivian R2 production has started despite tornado damage to factory - TechCrunch

The company's all-important mass-market EV is just about ready to start heading to customers.