Oil prices declined Thursday amid reports of a U.S.-Iran deal and forecasts from the International Energy Agency predicting a supply glut next year.
Posts published in “Business”
Sleep Number has filed for Chapter 11 bankruptcy protection with plans to sell to Sleep Country Canada for approximately $415 million, aiming to reduce debt and ensure continued operations.
The US Justice Department has intervened in an environmental dispute, asking a court to dismiss a lawsuit against Elon Musk's xAI over alleged illegal operation of natural gas turbines.
AI lab Anthropic has surpassed OpenAI in business spending market share for the first time, according to data from Ramp. The company also recently filed for an IPO and reported its first profitable quarter.
Netflix shares declined nearly 4% on Tuesday following news that Fox Corporation agreed to acquire Roku for $22 billion, and a report indicating Netflix's own bid was unsuccessful.
Envioscuba.com, a primary online platform for sending goods and money from the U.S. to Cuba, has stopped accepting new orders amid increased U.S. pressure on the Cuban government.
The Trump administration issued a directive to Anthropic to suspend access to its Mythos 5 and Fable 5 AI models for foreign nationals, prompting the company to disable the products and engage in high-level negotiations.
US stock markets saw significant gains as a tentative US-Iran deal aimed at ending conflict raised expectations for stabilized energy supply chains following disruptions in the Strait of Hormuz.
Charlie Javice, the convicted founder of Frank, is reportedly seeking a presidential pardon from Donald Trump. Her representatives are reportedly reaching out to individuals close to the former president.
Elon Musk, the world's richest man, controls a diverse business empire spanning electric vehicles, rocket technology, brain implants, and underground transportation.