News Api Business- AGK News Stand

News Api Business

Nike announces 1,400 layoffs, mostly in operations and technology - OregonLive.com

This is the fourth consecutive year of significant layoffs at Nike. The company said the layoffs are part of an ongoing turnaround effort.

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

Capital One lawsuit: Millions of customers could get payout after judge approves $425 million settlement - ABC7 Los Angeles

Millions of Capital One customers could soon see a boost to their bank accounts after a federal judge approved a $425 million lawsuit settlement following a two-year court battle.

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.

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.

Meta to cut 10% of staff as it pours billions into AI - CNN

Meta said on Thursday it plans to lay off roughly 10% of its workforce, or about 8,000 people, the latest in a string of tech industry layoffs fueled in part by artificial intelligence.

NTSB report describes chaos at LaGuardia Airport ahead of deadly Air Canada crash - Gothamist

The March 22 crash came as seven different emergency vehicles scrambled to respond to another plane at the airport.

Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies - NPR

The soaring cost of jet fuel is forcing European airlines to cancel tens of thousands of flights, while energy authorities warned of a possible jet fuel shortage if supplies aren't replenished soon.

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.

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.

Could a jet fuel shortage really ruin your summer trip to Europe? What flyers should know - The Points Guy

Concerns over a growing shortage of jet fuel on the continent have raised fears about potential flight cancellations if things don’t improve.

Brent oil tops $105 as tensions simmer in Strait of Hormuz, Israel threatens attacks - CNBC

Oil prices are rising again as tensions escalate in the U.S.-Iran conflict.

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.

Trump cuts drug price deal with Regeneron - Axios

Regeneron is the last of 17 companies the administration pressed to commit to the "most favored nation" policy.

Spirit Airlines lawyer says cash 'not going to last for very much longer,' but government rescue on the table - CNBC

Spirit Airlines confirmed it is in talks with the Trump administration for a rescue package.

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.

Prediction: This Artificial Intelligence (AI) Growth Stock Will Be the Nasdaq's Best Performer by Year-End - The Motley Fool

The arrival of AMD's new data center graphics card could help the stock sustain its terrific momentum.

‘The biggest energy security threat in history’: IEA chief warns 13 million barrels a day are gone with no cure in sight - Fortune

IEA chief Fatih Birol says the world is losing 13 million barrels of oil a day, more than the two 1970s oil crises combined.

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.

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.

New Security Breaches at Anthropic and OpenAI Proved Mark Zuckerberg Right - The Information

Hours after Anthropic said it was investigating a report that users had gained unauthorized access to its ballyhooed Mythos model, OpenAI accidentally made a slate of its own unreleased models available on its Codex app.The breaches are a reminder that Anthro…

Billionaire Luxury Titan Warns Iran War Could Result In ‘World Catastrophe’ - Forbes

Luxury brands cited a slowdown in demand throughout the conflict, disrupting earnings.

MrBeast's company sued by ex-employee over sexual harassment claim - BBC

Beast Industries has strongly denied claims of sexual harassment and workplace gender bias.

ServiceNow Falls on Margin Outlook - Yahoo Finance

Stock drops despite strong revenue growth as acquisition costs weigh on margins.

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.

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.

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

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

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

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.

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.

‘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.

How Wall Street is setting records even with the Iran war still going on - AP News

It seems so illogical. How can the U.S. stock market be setting records when gasoline prices are still expensive and the war with Iran is still going? But for Wall Street, everything eventually comes back to a different, basic question: How much money are com…