BUSINESSPatreon lays off 20% of its workforceIn a memo to staff that was posted online, Conte said the company's core business is strong, but the platform has to respond to market changes and adjust its cost structure to remain stable.TechCrunch·2w ago
BUSINESSShortsighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'After staying flat as the U.S.-Iran war heated up again, equities tumbled on Thursday after oil prices crossed $100 per barrel.CNBC·2w ago
BUSINESSThe 10-year Treasury yield could test 5% after its latest spike. Here’s whyThe benchmark yield at 5% would be psychologically significant for the stock market.CNBC·2w ago
BUSINESSJapan’s Leader Invokes Her Hero, Shinzo Abe, to Drive Nationalist AgendaPrime Minister Sanae Takaichi is leveraging her ties to Mr. Abe, the slain Japanese leader, as she pushes to reshape defense and the economy.NY Times·2w ago
BUSINESSChip firm priced as China's most valuable company before its IPO brings scrutiny to crypto platformThe outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.CNBC·2w ago
BUSINESSUS tariffs ‘strengthen’ Lula against Bolsonaro’s son in upcoming electionsWith Lula polling ahead and tariffs squeezing Brazil's economy, the Bolsonaro family's Washington strategy is faltering.Al Jazeera·2w ago
BUSINESSIran war live: US kills 2, wounds 11; Houthis attack 2 Saudi oil tankersUS and Iran trade attacks as more explosions are reported in Iranian cities, including Sirik, Ahvaz and Bushehr.Al Jazeera·2w ago
BUSINESSAlphabet earnings takeaways: Q2 revenue beats, GOOGL stock sinks on 2026 capex hikeGoogle parent Alphabet reported second-quarter earnings after the bell on Wednesday.CNBC·2w ago
BUSINESSTesla misses on earnings, as free cash flow turns negative and margins slideTesla's earnings report lands in the midst of a slide in the company's stock price even as its core auto business is rebounding.CNBC·2w ago
BUSINESSAnalysis: Iran war energy shock hits the U.S. economy as gas and diesel prices climbA new asymmetry in the market means fuel prices won't fall quickly even if the shooting in the Iran war and Strait of Hormuz stops.CNBC·2w ago
BUSINESSTesla spending skyrockets as Cybercab, Semi, Megapack production timeline slipsTesla's 26% boost in revenue wasn't enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.TechCrunch·2w ago
BUSINESSScience Corporation’s vision-restoring chip wins EU approval"The thing that the space needs is a company making $100 million a year of revenue," Science Corp. CEO Max Hodak said.TechCrunch·2w ago