business News

Stay updated with the latest business news, articles, and updates.

Up ,up, and away: 2026 health insurance premiums set to double for millions of Floridians - Florida Phoenix
business

Up ,up, and away: 2026 health insurance premiums set to double for millions of Floridians - Florida Phoenix

Health insurance rates will increase sharply for the 4 million-plus Floridians who rely on so-called Obamacare plans or small employer health insurance coverage in the coming weeks, according to data released by the Florida Office of Insurance Regulation. The…

Floridaphoenix.comChristine Sexton
Nestlé investors call for chair to step down over executive turmoil - Financial Times
business

Nestlé investors call for chair to step down over executive turmoil - Financial Times

Paul Bulcke has presided over chaotic period culminating in sacking of CEO Laurent Freixe for undisclosed affair

Financial TimesMadeleine Speed, Mercedes Ruehl
Fed governor Lisa Cook called condo a second home, documents show - The Washington Post
business

Fed governor Lisa Cook called condo a second home, documents show - The Washington Post

The documents, first reported by Reuters on Friday evening, come as Trump is pushing to fire Cook over unproven allegations of mortgage fraud.

The Washington PostRachel Siegel, Andrew Ackerman
Elon Musk's xAI lays off hundreds of data annotators - Business Insider
business

Elon Musk's xAI lays off hundreds of data annotators - Business Insider

XAI laid off at least 500 of the workers on its data annotation team on Friday night.

Business InsiderGrace Kay
Secretary of Commerce Howard Lutnick says Elon Musk got DOGE 'backward' - Business Insider
business

Secretary of Commerce Howard Lutnick says Elon Musk got DOGE 'backward' - Business Insider

Howard Lutnick, who recruited Elon Musk for DOGE, is now criticizing his approach to federal staff cuts.

Business InsiderKatherine Li
Trump Files to Cancel Approval of Maryland Offshore Wind Farm - Bloomberg.com
business

Trump Files to Cancel Approval of Maryland Offshore Wind Farm - Bloomberg.com

The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource.

BloombergMark Chediak
Kalshi ‘ready to defend’ prediction markets amid Massachusetts lawsuit - Cointelegraph
business

Kalshi ‘ready to defend’ prediction markets amid Massachusetts lawsuit - Cointelegraph

On Thursday, the US state of Massachusetts filed a civil lawsuit against prediction market Kalshi, alleging unlicensed sports wagering offerings.

CointelegraphCiaran Lyons
Opendoor chair says the company currently has 1,400 employees but only needs 200 of them - Business Insider
business

Opendoor chair says the company currently has 1,400 employees but only needs 200 of them - Business Insider

Keith Rabois, cofounder and new chairman at Opendoor, said the company's headcount should be slashed and that remote work doesn't work.

Business InsiderKelsey Vlamis
Lutnick says Musk was ‘backward’ in cutting government - The Washington Post
business

Lutnick says Musk was ‘backward’ in cutting government - The Washington Post

The commerce secretary said the billionaire’s efforts focused too much on reducing the workforce rather than targeting waste.

The Washington PostMeryl Kornfield
Federal Reserve governor Lisa Cook listed contested home as vacation property - Financial Times
business

Federal Reserve governor Lisa Cook listed contested home as vacation property - Financial Times

Documents appear to contradict White House allegation that she committed mortgage fraud

Financial TimesClaire Jones
Micron Stock (MU) Pops as Citi Hikes Price Target Ahead of Q4 Earnings - TipRanks
business

Micron Stock (MU) Pops as Citi Hikes Price Target Ahead of Q4 Earnings - TipRanks

Shares of Micron Technology ($MU) jumped after top analysts raised their price targets ahead of the company’s Q4 earnings report. The upgrades show confidence in st...

Tipranks.comKirti Tak
‘Not All AI Bets Can Win,’ Warns Analyst on Oracle Stock (ORCL) - TipRanks
business

‘Not All AI Bets Can Win,’ Warns Analyst on Oracle Stock (ORCL) - TipRanks

It’s rare to see a company as large as Oracle ($ORCL) surge nearly 40% in a single trading day on the back of its blockbuster Q1 2026 earnings call. Although <d...

Tipranks.comBernard Zambonin
Boeing’s (BA) Striking Defense Workers Reject Latest Contract Offer - TipRanks
business

Boeing’s (BA) Striking Defense Workers Reject Latest Contract Offer - TipRanks

The workers turned down a 45% wage increase.

Tipranks.comJoel Baglole
Moderna Falls as Trump Officials Tie Child Deaths to Covid Shots - Bloomberg.com
business

Moderna Falls as Trump Officials Tie Child Deaths to Covid Shots - Bloomberg.com

Vaccine makers’ shares fell after a report that Trump health officials plan to link Covid shots to the deaths of around two dozen children in a presentation to advisers to the Centers for Disease Control and Prevention next week.

BloombergRachel Cohrs Zhang, Gerry Smith
Black Rock Coffee Bar, founded in Oregon, worth more than $1 billion after IPO - OregonLive.com
business

Black Rock Coffee Bar, founded in Oregon, worth more than $1 billion after IPO - OregonLive.com

Like Dutch Bros, Black Rock moved its headquarters to Arizona.

OregonLiveMike Rogoway | The Oregonian/OregonLive
Tim Cook addresses iPhone Air battery life in new interview at Corning factory - 9to5Mac
business

Tim Cook addresses iPhone Air battery life in new interview at Corning factory - 9to5Mac

Tim Cook visited Corning’s factory in Kentucky, where he spoke with CNBC’s Jim Cramer about the company’s recent product announcements.

9to5MacMarcus Mendes
What's costing you more lately, and how is it affecting you? NPR wants to hear - NPR
business

What's costing you more lately, and how is it affecting you? NPR wants to hear - NPR

The NPR Network is working on a series about the rising cost of living. We want to hear from you: What costs are going up, and how are you coping? How is it changing the way you live?

NPRNPR Staff
Via shrugs off tepid open to end first day of trading slightly above IPO price - TechCrunch
business

Via shrugs off tepid open to end first day of trading slightly above IPO price - TechCrunch

Transit tech software startup Via had its IPO debut on Friday, starting at below offering price before rising to close at nearly $50.

TechCrunchRebecca Bellan
Massachusetts sues Kalshi alleging illegal sports gambling - CNBC
business

Massachusetts sues Kalshi alleging illegal sports gambling - CNBC

Massachusetts argues Kalshi is making more money on sports wagers than legal, licensed sportsbooks.

CNBCContessa Brewer
FAA Proposes $3.1 Million in Fines Against Boeing - Federal Aviation Administration (.gov)
business

FAA Proposes $3.1 Million in Fines Against Boeing - Federal Aviation Administration (.gov)

WASHINGTON — The Federal Aviation Administration issued proposed fines totaling $3,139,319 against The Boeing Company for safety violations that occurred from September 2023 through February 2024. These include actions related to the January 5, 2024, door plu…

Faa.gov