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Category: Business

Apple warns court ruling in App Store case may cost ‘substantial sums annually’
Business

Apple warns court ruling in App Store case may cost ‘substantial sums annually’

May 8, 2025

Apple said in a court filing that a judge's order for it to ease restrictions on app developers would cost…

Mortgage rates hold steady, Freddie Mac says
Business

Mortgage rates hold steady, Freddie Mac says

May 8, 2025

The average rate on the 30-year fixed mortgage remained flat this week at 6.76%, according to the latest data from…

Cardinal Robert Prevost, first American pope: What to know
Business

Cardinal Robert Prevost, first American pope: What to know

May 8, 2025

Cardinal Robert Prevost has become the Catholic Church’s new pope, Leo XIV. His election marks the first instance of an…

Volvo recalls more than 450,000 vehicles over backup camera issue
Business

Volvo recalls more than 450,000 vehicles over backup camera issue

May 8, 2025

Volvo Cars is recalling more than 400,000 cars in the U.S., as well as over 40,000 in Canada, due to…

OpenAI chief Sam Altman: US barely ahead of China in artificial intelligence arms race
Business

OpenAI chief Sam Altman: US barely ahead of China in artificial intelligence arms race

May 8, 2025

Sen. Ted Cruz chaired a Commerce Committee hearing featuring Sam Altman, Lisa Su, Michael Intrator and Brad Smith. ...

AstraZeneca unveils new factory as part of multibillion-dollar investment in US manufacturing
Business

AstraZeneca unveils new factory as part of multibillion-dollar investment in US manufacturing

May 7, 2025

AstraZeneca has opened its first U.S.-operated cell therapy manufacturing plant in Rockville, Maryland, as part of its ongoing $3.5 billion…

Amazon’s Zoox recalls robotaxi for software update after Las Vegas crash
Business

Amazon’s Zoox recalls robotaxi for software update after Las Vegas crash

May 7, 2025

Amazon-owned robotaxi maker Zoox initiated a recall to update software in 270 driverless vehicles after an accident in Las Vegas.…

Major airline makes big change to ease travel woes amid chaos at Newark airport
Business

Major airline makes big change to ease travel woes amid chaos at Newark airport

May 7, 2025

United Airlines is providing fee waivers for passengers who experienced significant delays and cancellations at Newark Liberty International Airport. ...

Newark airport ‘one of many volcanoes waiting to erupt,’ pilot says
Business

Newark airport ‘one of many volcanoes waiting to erupt,’ pilot says

May 7, 2025

Newark Liberty International Airport is under fire after air traffic controllers faced an outage that affected radar and radio communications…

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Crypto World

1
Cryptocurrency

G7 summit could discuss North Korea’s crypto hacks: Report

May 8, 2025

Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month.Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats…

2
Cryptocurrency

US banks can handle customer crypto assets held in custody, regulator confirms

May 8, 2025

The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said…

3
Cryptocurrency

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm

May 8, 2025

David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named…

4
Cryptocurrency

60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked

May 8, 2025

Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel. The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could…

Economy

Economy

Apple says Epic Games contempt ruling could cost ‘substantial sums’

May 8, 2025
Economy

Trump crypto advisor David Bailey launching $300 million bitcoin investment company

May 8, 2025
Economy

UK set to become the first country to sign a trade deal with U.S., The New York Times reports

May 8, 2025
Economy

Trump digs in on high China tariffs ahead of trade talks

May 8, 2025
Economy

Fed holds rates steady as it notes rising uncertainty and stagflation risk

May 8, 2025
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