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The Latest Breaking News on Business

Lyft Stock Is Down More Than 26% This Year—Now a Short Seller Warns the Uber Rival Could Be in Deep Trouble (UPDATED)

Editor’s note: The story has been updated to include a comment from Lyft.

Benzinga

Starbucks Workers Claim New Blending Powder Leaves Them Coughing and With Sore Throats During Every Shift

Starbucks baristas report respiratory issues linked to a new blending powder used in frozen drinks, raising safety concerns and prompting calls for a recipe review.

International Business Times UK

Corporate America may be using AI to cut jobs, but small businesses are using it to keep them

Reports of wide-scale replacement of workers by AI are overblown. Small businesses use it to help workers

The Guardian - US

From analysis to the latest developments in health,
read the most diverse news in one place.

One-third of Seattle's downtown is empty: Here's how America's boomtown turned into one of the toughest places to find a job

What exactly has happened to work in the Emerald City?

Fortune

United Airlines Pitched a Merger With Delta Before Its Failed American Airlines Bid: Report

United Airlines Holdings Inc. (NASDAQ:UAL) approached Delta Air Lines Inc. (NYSE:DAL) about a merger last year, pursuing a combination of America’s two most valuable carriers before CEO Scott Kirby’s later American Airlines Group Inc. (NASDAQ:AAL) proposal triggered political and antitrust backlash.

Benzinga

CEO of the top-rated hiring platform says the job market is so bad that candidates are paying $20 to mass apply and driving bosses crazy with spam

Job seekers are spamming every job with AI. Employers are using AI to filter them out. Greenhouse’s CEO says it’s created a doom loop for everyone.

Fortune

US Stock Market: US investment-grade bond funds see record weekly outflows as inflation fears rattle markets

Investors withdrew a record $7.1 billion from U.S. investment-grade bond funds. Surging oil prices and rising Treasury yields triggered this sharp selloff. High-yield bond funds and leveraged-loan funds attracted modest inflows during the same week. These alternative fixed-income segments are less sensitive to rising yields. The market reflects investor preferences…

The Economic Times

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Ross Gerber Says 'Do Not Bet Against SpaceX,' Urges Investors to Remember Early Tesla Volatility

Investor Ross Gerber on Saturday urged investors not to “bet against” Elon Musk-led commercial space flight giant Space Exploration Technologies Corp. (NASDAQ:SPCX) despite its recent decline to below its IPO price.

Benzinga

US Stock Market: Equity funds see second week of outflows as big tech earnings, oil rally dampen sentiment

U.S. equity funds saw a second week of outflows as caution ahead of big tech earnings and rising oil prices weighed on sentiment. Growth funds led withdrawals, while sectoral funds still drew inflows. Bond and money market funds also recorded outflows, reflecting broader risk aversion among investors.

The Economic Times

Tesla Missed by 38% But Elon Musk Is Not Worried. Here’s What TSLA Investors Should Make of That.

Tesla posted mixed Q2 results, but CEO Elon Musk assured investors of incredible returns following heavy capex.

Barchart

Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease

Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as inflation concerns receded. Traders now await Federal Reserve interest rate decisions and tech company earnings reports. Central banks globally will emphasize vigilance over higher energy…

The Economic Times

American Airlines Stock Plunges as Fuel Costs Surge. How to Play AAL Now.

Soaring fuel costs overshadowed record Q2 revenue for AAL, plunging the stock's price. What should be your move now?

Barchart

Elon Musk Just Revealed a Quiet Win for Tesla’s AI Ambitions

Elon Musk revealed that Micron gave Tesla a 'very significant allocation' of memory chips on 'reasonable terms' and is making room for Tesla in the years ahead, amid soaring industry memory prices driven by AI demand.

Barchart

RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?

RTX and Lockheed Martin topped Q2 earnings estimates and grew their backlogs to record levels, sending both defense stocks higher as the Iran conflict reignites investor interest.

MarketBeat

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Everybody Loves Your Money

How to Read an Annual Escrow Account Statement

That annual escrow account statement may look like a spreadsheet designed to make a homeowner’s eyes glaze over, but it holds one very important answer: why did the mortgage payment change? The statement breaks down the money collected for property taxes and insurance, shows what actually happened during the previous…

Tom’s Guide

Prime Video's upcoming AI makeover could completely change how you decide what to watch next

Amazon is reworking how Prime Video recommends movies and TV shows to subscribers as part of its larger AI push.

The Guardian - US

The AI jobs apocalypse probably isn’t coming anytime soon

Artificial intelligence may not deliver on its promise of vast economic opportunity at a price that humanity is willing to pay

Fortune

The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

NAR deputy chief economist Jessica Lautz sees us going back toward ”an older way of living,” but only some of us.

Get all your
news in one place.

100's of premium titles.
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Benzinga

Tesla, Intel, Google All Dropped After Earnings - Will Microsoft, Amazon, Meta Follow?

Top technology stocks plunged after releasing their second-quarter results. Tesla (NASDAQ:TSLA) fell to $306, its lowest level since August 4 and down 39% from its all-time high. The stock retreated after its earnings per share missed analysts’ estimates and after the company recorded negative free cash flow.

Tom’s Hardware

Delaware’s Printed Solid rebrands to Prusa USA

Printed Solid, the Delaware-based filament manufacturer acquired by Czech Prusa Research in 2022, is now known as Prusa USA, Inc.

Kiplinger

Will This Year's Summer Vacation Throw Your Retirement Off Course?

High fuel prices and the cost of living have made vacations much more expensive. Will going away this year put you in debt or affect your long-term goals?

Barchart

2 Stocks to Buy Now as Google Raises Its AI Spending Forecast Yet Again

Alphabet's AI spending spree could hand Lumentum and Celestica another tailwind as demand outpaces infrastructure supply.

The Independent UK

Small businesses file lawsuits against Trump's new sweeping tariffs

Trump’s tariffs are headed to court — again

Benzinga

Kuwait Signs $16 Billion Pipeline Deal With Blackstone, KKR, Brookfield Despite Rising Regional Tensions

Kuwait Petroleum Corp. (KPC) agreed to a $16 billion lease‑and‑leaseback deal with Blackstone Inc., KKR & Co. Inc. and Brookfield Asset Management Ltd. for its crude oil pipeline network, a landmark transaction struck amid rising regional tensions.

Creative Bloq

Hate generative AI? Maybe it's time to boycott Netflix

Should we all say ta-ta to the ta-dum?

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People

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