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Category: Business

Alaska Airlines planes clip wings at Seattle-Tacoma airport, prompting FAA probe
Business

Alaska Airlines planes clip wings at Seattle-Tacoma airport, prompting FAA probe

May 18, 2025

Alaska Airlines planes clipped wings at the Seattle-Tacoma airport, prompting an FAA investigation. Passengers were safely moved to other aircraft,…

FBI Director Kash Patel says FBI leaving longtime headquarters
Business

FBI Director Kash Patel says FBI leaving longtime headquarters

May 16, 2025

FBI Director Kash Patel outlined his plans to relocate about 1,500 agents from the Washington, D.C., area around the country…

Novo Nordisk CEO steps down as Wegovy maker faces increased competition
Business

Novo Nordisk CEO steps down as Wegovy maker faces increased competition

May 16, 2025

As Novo Nordisk's share price drops, CEO Lars Fruergaard Jorgensen steps down. The company aims to maintain its lead in…

Verizon ends DEI programs, diversity goals as it seeks approval for Frontier acquisition
Business

Verizon ends DEI programs, diversity goals as it seeks approval for Frontier acquisition

May 16, 2025

Verizon on Friday announced that it is ending corporate diversity, equity and inclusion (DEI) goals as it faces a Trump…

Costco rolls out buy now, pay later for big online purchases through Affirm
Business

Costco rolls out buy now, pay later for big online purchases through Affirm

May 16, 2025

Warehouse retailer Costco debuted buy now, pay later installment plans this week for large online purchases through a new partnership…

Federal Reserve to cut its workforce by 10% in coming years
Business

Federal Reserve to cut its workforce by 10% in coming years

May 16, 2025

The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo…

Student loan delinquencies surge, sending credit scores plunging for borrowers
Business

Student loan delinquencies surge, sending credit scores plunging for borrowers

May 15, 2025

Student loan delinquencies have surged since a pause in reporting has concluded, with millions facing credit score declines, according to…

Dick’s Sporting Goods nears $2.3 billion deal to acquire Foot Locker: report
Business

Dick’s Sporting Goods nears $2.3 billion deal to acquire Foot Locker: report

May 15, 2025

Dick's Sporting Goods is reportedly nearing a $2.3 billion deal with Foot Locker, offering an 86.5% premium. The deal could…

Netflix breaks ground on $1B New Jersey studio as Trump pushes for movies to be made in America
Business

Netflix breaks ground on $1B New Jersey studio as Trump pushes for movies to be made in America

May 15, 2025

Netflix has broken ground on its $1 billion investment to transform a former Army installation into a state-of-the-art studio hub…

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Crypto World

1
Cryptocurrency

TRUMP whales load up as Mar-a-Lago luncheon approaches

April 13, 2026

Crypto whales loaded up more of the TRUMP memecoin ahead of the luncheon at US President Donald Trump’s Mar-a-Lago residence in Florida this month, which offers entry to the largest holders.One whale withdrew about 105,754…

2
Cryptocurrency, Markets

Oil price surges 8% on Iran tensions: Five things to know in Bitcoin this week

April 13, 2026

Bitcoin (BTC) held $70,000 at the weekly close as markets reacted to a breakdown in US-Iran negotiations and escalating tensions around the Strait of Hormuz.A breakdown in US-Iran negotiations sends oil surging above $100 per…

3
Cryptocurrency

Hyperbridge attacker mints 1B bridged Polkadot tokens in $237K exploit

April 13, 2026

A hacker exploited the Polkadot-based cross-chain interoperability protocol Hyperbridge, netting about $237,000 and raising renewed security concerns about blockchain bridge infrastructure.An attacker minted 1 billion bridged Polkadot (DOT) tokens in a single transaction on Hyperbridge,…

4
Cryptocurrency, Markets

Bitcoin price analysis sees new short squeeze as open interest nears $25B

April 12, 2026

Bitcoin (BTC) is due a classic “short squeeze” as open interest hits five-week highs, says new analysis.Key points:Bitcoin is seeing a combination of rising open interest and negative funding rates.The result could punish short positions,…

Economy

Economy

Trump says U.S. will blockade Strait of Hormuz after Iran peace talks fail

April 13, 2026
Economy

Oil prices surge above $100 as U.S. Navy to blockade Iran’s ports after peace talks fail

April 13, 2026
Economy

Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep

April 13, 2026
Economy

How Kodak is trying to turn around its business after teetering on bankruptcy

April 11, 2026
Economy

Berkshire electric utility’s court win could save it billions

April 11, 2026
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