Jet fuel shortages threaten to disrupt summer travel as the loss of supplies from the Middle East ripples across Asia and Europe. Exports from the Persian Gulf represented the largest single source of jet fuel supply to the global market before the U.S. and Israel attacked Iran on Feb. 28,Read More →
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company’s revenue forecastRead More →
Video game retailer GameStop announced Sunday it has made an unsolicited, nonbinding offer to acquire eBay for $125 per share in a cash-and-stock deal, valuing the e-commerce platform at roughly $55.5 billion. The offer, split evenly between cash and GameStop common stock, represents a 20% premium to eBay’s Friday closeRead More →
From left, Acting Attorney General Todd Blanche, Jeanine Pirro, the U.S. attorney for Washington, D.C., and FBI Director Kash Patel conduct a news conference at the Department of Justice about Cole Tomas Allen, the suspect in the White House Correspondents’ Association dinner shooting, on Monday, April 27, 2026. Tom WilliamsRead More →
Abel doesn’t see a single successor to Charlie Munger as his top adviser Asked who will play the Charlie Munger to his Warren Buffett, new CEO Greg Abel didn’t name a single person but talked about the team that surrounds him. “You surround yourself with great people, and they’re alreadyRead More →
President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week IRead More →
Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters in Cupertino, California, Sept. 9, 2025. Justin Sullivan | Getty Images Apple reported earnings and revenue for its fiscal second quarter that topped analysts’ estimates, driven by growth in the company’sRead More →
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon on Wednesday posted better-than-expected earnings and revenue for the first quarter,Read More →
The United Arab Emirates will exit OPEC on May 1, in a major blow to the cartel that coordinates production among many of the world’s largest oil producers, particularly those in the Middle East. The shock announcement Tuesday comes after the UAE was the target of missile and drone attacksRead More →
A pedestrian walks by a Domino’s Pizza on Dec. 9, 2025 in San Francisco, California. Justin Sullivan | Getty Images Domino’s Pizza stock closed down more than 8% on Monday after it reported weaker-than-expected U.S. same-store sales growth. The chain’s domestic same-store sales rose just 0.9%, lower than the 2.3%Read More →
