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The Latest Breaking News on Business

Trump reportedly suspends Nvidia H20 export ban plan after $1 million dinner with Jensen Huang

U.S. gov't no longer plans to curb sales of Nvidia's H20 to China after Trump and Huang met in Mar-a-Lago to discuss Nvidia's investments in U.S.

Tom’s Hardware

A U.S.-made iPhone could cost almost as much as AirPods made of pure gold

Your next iPhone might come at a sky-high price

Laptop

Analyst says Nintendo could take the hit on Switch 2 tariffs if they stay as they are now, but previously "expected them to raise by $50 to $100" for US customers

Switch 2 pre-orders are still delayed in the US and Canada as a result of the tariffs

GamesRadar

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U.S. tariffs to heavily impact HDD and SSD manufacturers, increasing costs

U.S. tariffs are reshaping the global storage industry, hitting HDD and SSD makers the hardest due to their complex supply chain.

Tom’s Hardware

Tesla Opens First Showroom In Oil-rich Saudi

The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showrooms in oil-rich Saudi Arabia -- where hybrid cars remain a rare sight.

International Business Times

Prada acquires rival Versace for $1.4bn despite tariff uncertainty

The multibillion-dollar deal strengthens Italy’s position in luxury fashion industry.

Al Jazeera

Microsoft may cut more jobs, and middle managers are in the crosshairs

A new report suggests Microsoft could announce more job cuts soon, targeting middle managers to streamline teams and prioritize coding talent.

Windows Central

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Publishers Clearing House, known for its 'Prize Patrol' sweepstakes, files for bankruptcy

Publishers Clearing House, a decades-old marketing and sweepstakes company known for doling out large “Prize Patrol” checks, has filed for Chapter 11 bankruptcy protection

The Independent UK

Crude Prices Fall Sharply as Demand Concerns Grow

May WTI crude oil (CLK25 ) Thursday closed down -2.07 (-3.32%), and May RBOB gasoline (RBK25 ) closed down -0.0771 (-3.78%). Crude oil and gasoline prices on Thursday fell sharply because of concerns that the US trade war would slow economic growth and energy demand. Also, Thursday's stock selloff reduced...

Barchart

Dollar Retreats and Gold Surges as US-China Tensions Mount

The dollar index (DXY00 ) Thursday fell by -1.84% and posted a 6-1/4 month low. The dollar fell sharply on Thursday because of concerns that the escalation of the US-China trade war would derail the economy and lead to stagflation. The US raised total tariffs on China Wednesday to 145%...

Barchart

Nat-Gas Prices Tumble on Risk-Off Sentiment in Asset Markets

May Nymex natural gas (NGK25 ) on Thursday closed down sharply by -0.259 (-6.79%). May nat-gas prices on Thursday fell sharply as a selloff in equity prices sparked risk-off sentiment in asset markets. A mixed weather forecast also weighed on nat-gas prices after forecaster Atmospheric G2 said temperatures for the...

Barchart

Brazil to prioritize negotiation after US trade tariffs, official says

Brazil’s strategy to address extra tariffs imposed by President Donald Trump is to combine negotiations with the U.S. while it expands trade agreements with other countries, a top foreign trade official said Thursday

The Independent UK

Trump and Musk mocked in new AI clip depicting them as factory workers

Videos show the US President, Vice President and Tesla CEO working on a production line

Evening Standard

Netflix To Stay Mum On Subscriber Numbers

Netflix stock historically has moved after its quarterly reports based on subscriber numbers. But that won't happen with its Q1 report.

Investors Business Daily

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The Conversation

Canadian retailers are seeing a surge in domestic sales amid the ‘Buy Canadian’ movement

In recent months, the “Buy Canadian” movement has gained significant momentum, driven by a collective push to support domestic products and services, strengthen local businesses and reduce reliance on foreign imports.

TechRadar

Microsoft shelves another $1bn data center project as tariff fears rise

Worried about the impacts of global trade tariffs, Microsoft has paused plans to build three US data center campuses.

The Independent UK

Trump claims TikTok deal still on the table as China tariffs threaten to derail agreement

Trump announced a 90-day pause on all reciprocal tariffs this week, except for those placed on China

Euronews

Butter recalled in the US after possible contamination with fecal bacteria. Here's what we know

Around 770 kg of butter was recalled in seven states across the US after possible contamination with coliform bacteria.

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Barchart

What to Expect From Microsoft's Q3 2025 Earnings Report

Microsoft is prepared to release its third-quarter results later this month, with analysts predicting a single-digit earnings growth.

The Independent UK

No more big checks? Famed Publishers Clearing House known for doorstep giveaways files for bankruptcy

The company has awarded more than $500 million in prize money since 1953

The Independent UK

Has your pension value dropped due to Trump’s tariffs? Here’s why you shouldn’t worry

Unless you’re approaching retirement age, market fluctuations shouldn’t unduly worry you as far as your pension is concerned

Barchart

Earnings Preview: What To Expect From Alphabet's Report

Alphabet is scheduled to report its first-quarter results later this month, and analysts expect a single-digit earnings growth.

Al Jazeera

Trump-China tariff war: What could the US gain and lose?

Trump’s 125 percent tariffs on Chinese imports come into force amid market relief elsewhere.

International Business Times

Former Trade Official Issues Stark Warning As US-China Tariff War Escalates: 'The Tsunami is Coming For Everyone'

A trade representative during the Joe Biden administration said factories will close in the U.S. and around the world as a result of Trump's tariffs

Barchart

Comcast’s Quarterly Earnings Preview: What You Need to Know

Comcast is scheduled to report its first-quarter results later this month, and analysts expect a single-digit earnings drop.

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