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The Latest Breaking News on Business

Fortune 500 Land O’Lakes is letting workers choose what days and times they work—and the flex jobs are getting 25% more applicants than full-time gigs

The famed food giant selling butter sticks, whipped spreads, and shredded cheeses changed its policy after flexibility became workers’ top priority.

Fortune

Energy Costs Jumped 23.5% Year Over Year—What Homeowners Should Watch

Energy costs climbed sharply in the May Consumer Price Index report, with the category rising 23.5% compared with the same month a year earlier. For homeowners, that jump means the monthly budget battle does not stop at the mortgage payment, grocery bill, or insurance premium. The thermostat, water heater, and…

Everybody Loves Your Money

There's no escape from inflation as a perfect storm of the 'Godzilla' El Niño, AI boom, Trump tariffs, fuel crunch, and Ukraine war keep prices high

"These results suggest that many businesses are still adjusting their prices, more than a year after tariffs were first introduced."

Fortune

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Contrarian investing: Fred Kelly's timeless lessons for winning in the stock market

Fred C. Kelly's timeless investing philosophy highlights how independent thinking, emotional discipline and understanding crowd psychology can help investors avoid common behavioural traps and make better long-term investment decisions.

The Economic Times

Colibrì proof-of-concept gains frontier-level 1.5-TB AI model — novel approach runs on only 25GB of RAM and shows promise for local AI setups

Colibrì proof-of-concept gets a frontier-level AI model running on only 25 GB of RAM and a modest CPU

Tom’s Hardware

Airfares Up 20%: Delta CEO Says This Summer's Flight Prices Won't Fall

Airfare prices 2026 remain elevated after Delta Air Lines CEO Ed Bastian told CNBC on July 10 that the roughly 20% jump in domestic ticket prices is "sustainable," citing strong demand and four carriers controlling 73% of U.S. traffic — even as jet fuel costs are projected to fall 20%…

International Business Times

Apple sues OpenAI after ex-engineer's 'LOL, I found out I can access' message becomes key evidence in explosive trade secrets battle

Apple vs OpenAI: Apple has filed a significant lawsuit against OpenAI, accusing it of stealing trade secrets. The company alleges OpenAI orchestrated a campaign to recruit Apple's engineers and designers. A former Apple engineer's "LOL" message about accessing internal servers is a key piece of evidence. Apple claims hundreds of…

The Economic Times

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Intel Future Price Hikes Send Huge Demand Signal to Wall Street

Intel is raising chip prices as server CPU demand outpaces supply, and Wall Street sees the move as proof of a much bigger AI-driven boom ahead.

Barchart

Microsoft struggles to fulfill its 2030 sustainability promise amid carbon-heavy AI expansions — the company's chief sustainability officer claims the target is still feasible

Microsoft's carbon emissions jumped 25% in FY2025 as AI data center expansion outpaced sustainability gains, despite progress in water conservation and waste reduction.

Tom’s Hardware

Apple sues OpenAI over alleged theft of trade secrets - here's what to know

A spokesperson for OpenAI said in a statement: "We have no interest in other companies' trade secrets."

Euronews

Delta says higher airfares expected to last despite drop in oil prices

Company reports $1.4bn profit despite its highest quarterly fuel expense in history

The Guardian - US

Trump Skips Aircraft Tariffs for Now After Security Review, but Puts Trade Partners on Six-Month Clock

On Thursday, the U.S. Commerce Department wrapped up its investigation into imported commercial aircraft and parts, identifying national security concerns but refraining from imposing new tariffs.

Benzinga

Meta announces $9.17 billion Canada AI data center that will consume electricity equal to 800,000 homes

Meta will invest C$13 billion to build its first Canadian AI data center in Alberta. This massive facility will require electricity equivalent to 800,000 homes. The company plans to offset energy use with renewable projects and minimize water consumption. Alberta's affordable energy and colder climate made it an attractive location…

The Economic Times

Bill Gates heir’s shopping app claimed sales it didn’t drive

Phia, co-founded by Phoebe Gates, faces accusations of violating affiliate marketing policies. The browser extension allegedly claimed sales it did not drive by injecting its own referral codes. Independent researchers and competitors like Capital One Shopping highlighted these concerning practices. Phia acknowledged the issue, stating it has been fixed and…

The Economic Times

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TechRadar

Ransomware attacks against education sector rise 16% in one year becoming the new favorite target — and reckless GenAI use could be to blame

Most of the attacks took place in Latin America, while Africa experienced a decrease.

Barchart

Crude Oil Prices Retreat as US-Iran Peace Talks Set to Continue

August WTI crude oil (CLQ26 ) on Friday closed down -0.67 (-0.93%), and August RBOB gasoline (RBQ26 ) closed down -0.0541 (-1.78%). Crude oil and gasoline prices gave up an early advance on Friday and moved lower as prices whipsawed on various news headlines. Crude prices initially jumped on Friday...

The Economic Times

Apple sues OpenAI, two former employees for trade secrets theft

Apple has sued OpenAI and two former employees alleging trade secret theft. The lawsuit claims confidential information was used to accelerate hardware development. OpenAI denies any interest in other companies' trade secrets. This legal action escalates tensions as both companies race for AI dominance. The case could impact OpenAI's consumer…

Fortune

Apple accuses OpenAI, and former design star Jony Ive's io Products firm, of stealing hardware trade secrets in blockbuster lawsuit

The lawsuit alleges that two former Apple employees now working at OpenAI stole confidential data including information about unreleased hardware products and technical specifications.

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The Independent UK

Dairy Queen franchisees have quietly closed more than 40 stores in less than two years

Locations of the ice cream chain shuttered in Alaska, Montana and Texas, with the Lone Star State being hit the hardest

Motor1

Ford's CEO Still Isn't Satisfied With Brand Quality

The automaker has issued 56 recalls for 12.1 million vehicle so far this year while topping JD Power's Initial Quality Study.

TechRadar

‘The new battle ground for scaling and protecting margins’: AI servers set to consume more power than every conventional data center by 2027

Gartner recommends infrastructure providers focus on efficiency upgrades to grids and cooling systems.

Barchart

What You Need To Know Ahead of Builders FirstSource's Earnings Release

Builders FirstSource is expected to announce its second-quarter results later this month, and analysts predict a double-digit decline in the company’s bottom-line figure.

Barchart

BE Stock Alert: Bloom Energy Stock Remains In Focus Following Short Report, Rebuttal

Bloom Energy stock continues to sink following Hunterbrook’s short report. Is it time to buy or sell BE shares? Let’s find out.

The Independent UK

More US workers are testing positive for cannabis and it has employers worried they are high on the job

Major corporations such as Amazon and Home Depot have dropped screening for non-safety roles

Barchart

SK Hynix Debuts on the Nasdaq Today. Waiting to Buy SKHY Stock May Be the Better Bet.

SK Hynix's Nasdaq debut gives investors direct exposure to the AI memory leader, but IPO history suggests caution. Waiting for post-launch volatility to settle may provide a better buying opportunity.

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