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The Latest Breaking News on Business

OpenAI shock as firm shuts down popular Sora AI video generation app in desperate bid to temper spending

Open AI has announced that it's shutting down Sora, its popular AI video generation app and model that also powers Microsoft's Bing video generation service.

Windows Central

Silver Prices Have Plunged 20% in Just 1 Month. Should You Buy the Dip?

Silver Prices Have Plunged 20% in Just 1 Month. Should You Buy the Dip?

Silver prices have slipped significantly in March, but there are ample reasons for long-term investors to load up on the white metal at the current price.

Price of Nvidia's Vera Rubin NVL72 racks skyrockets to as much as $8.8 million apiece, but server makers' margins will be tight — Nvidia is moving closer to shipping entire full-scale systems

Price of Nvidia's Vera Rubin NVL72 racks skyrockets to as much as $8.8 million apiece, but server makers' margins will be tight — Nvidia is moving closer to shipping entire full-scale systems

While quotes for NVL72 VR200 rack-scale system will increase to $5 million – $7 million, margins of ODMs will likely decline.

Tom’s Hardware

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Nintendo has reportedly cut Switch 2 production significantly due to weak holiday sales and now aims to produce 4 million units instead of 6 million this quarter

Nintendo is reportedly cutting down Nintendo Switch 2 production following disappointing sales during the holiday season.

Americans spend $146 billion and 11.6 billion hours doing their taxes, and most of it is just filling out paperwork

There are more than 10,000 forms you have to sort through to file your taxes, and the fear of going to jail over a mistake has never been higher.

Is BXP Stock Underperforming the S&P 500?

While BXP has underperformed the broader S&P 500 Index, Wall Street remains cautiously optimistic about the stock.

Energy executive tapped to replace Mullin in the US Senate after his DHS promotion

Mullin would have been up for reelection in November

The Independent UK

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Estée Lauder and Puig in €35bn merger talks to combine major beauty brands

Estée Lauder and Puig in €35bn merger talks to combine major beauty brands

Estée Lauder has confirmed merger talks with Spain’s Puig as it looks to strengthen its position in fragrances and reverse a prolonged sales decline.

Toyota Will Invest $800 Million To Build A Second EV In The U.S. What Could It Be?

Toyota Will Invest $800 Million To Build A Second EV In The U.S. What Could It Be?

The Japanese automaker is pouring millions into EVs, while rivals pull back. Here's what could come next.

Wealthy Americans are turning to dollar stores in droves as inflation continues to bite

Wealthy Americans are turning to dollar stores in droves as inflation continues to bite

Walmart and Dollar General saw higher December traffic, showing shoppers are seeking savings, even at stores they do not typically visit

The Independent UK

Cintas' Quarterly Earnings Preview: What You Need to Know

Cintas' Quarterly Earnings Preview: What You Need to Know

Cintas will release its third-quarter earnings tomorrow, and analysts anticipate a single-digit bottom-line growth.

Demand Is ‘Off the Charts’: A $1 Trillion Reason to Buy Nvidia Stock Now

Demand Is ‘Off the Charts’: A $1 Trillion Reason to Buy Nvidia Stock Now

Nvidia’s $1 trillion GPU demand outlook shows a powerful AI growth runway that could support further stock upside.

Is Huntington Ingalls Industries Stock Outperforming the S&P 500?

Is Huntington Ingalls Industries Stock Outperforming the S&P 500?

Huntington Ingalls Industries stock has outpaced the broader S&P 500 over the past year, while analysts remain fairly bullish about its prospects.

The First Budget Item Retirees Should Rework When Inflation Stays High

The First Budget Item Retirees Should Rework When Inflation Stays High

Depending on the household, retirees might want to cut back on lifestyle spending, healthcare premiums, travel and memberships or even housing itself.

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Why Working Longer Might Make Sense for Retirement, According to Larry Fink

Here's why Fink believes working longer might make sense for retirement.

The Guardian - UK

Estée Lauder in talks on merger with Jean Paul Gaultier owner Puig

Combination of US and Spanish companies would create $40bn fashion and beauty group

The Guardian - US

Workers who fall for ‘corporate bullshit’ may be worse at their jobs, study finds

New study finds that employees impressed by corporate speak may be least equipped to make effective decisions

Trump administration to pay TotalEnergies $1bn to drop US offshore wind project

Washington will refund a French energy giant to exit US offshore wind plans, fuelling criticism from environmental groups.

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The Independent UK

Workers' job market gloom has increased dramatically over the past few years, Gallup survey finds

A new Gallup survey finds that Americans’ outlook on the job market is increasingly pessimistic

Soybeans Sees Monday Strength

Soybeans posted gains of 2 ¼ to 7 ¼ cents in the front months on Monday. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $10.90 1/4. Soymeal futures were down $1.00 to $2.00, with Soy Oil futures up 7 to 26 points. Bean oil was...

The Independent UK

Kalshi and Polymarket rush to ban insider trading as senators move to curb prediction markets

Kalshi and Polymarket are tightening their rules on insider trading as Congress appears to be moving closer to cracking down on prediction markets

Dollar Declines and Gold Plunges in Hopes Iran War Will Soon End

The dollar index (DXY00 ) fell to a 1.5-week low on Monday and finished down by -0.65%. The dollar gave up overnight gains and turned lower as stocks rallied sharply after President Trump postponed attacks against Iranian energy infrastructure and power plants for five days following the start of talks...

Chipotle’s Chicken Al Pastor Is Back on the Menu, and So's Growth

Chipotle’s traffic is rebounding thanks to chicken al pastor, and with analyst support building, the stock may be setting up for a strong comeback rally.

Crude Oil Prices Plunge on Hopes of Peace Talks to End the Iran War

April WTI crude oil (CLJ26 ) on Monday closed down -10.10 (-10.28%), and April RBOB gasoline (RBJ26 ) closed down -0.3045 (-9.42%). Crude oil and gasoline prices gave up an overnight advance and plunged on Monday, with crude falling to a 1.5-week low and gasoline dropping to a 1-week low....

The Independent UK

XL men’s store sees sales fall by 6% as Americans turn to weight-loss drugs

The CEO of DXL said of GLP-1 drugs, ‘We didn't think it was going to be impacting the business as much at the level we think today it is’

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