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Category: Business

US Stock Futures Fall Oil Climbs on Iran Tensions Markets Wrap  Bloombergcom

US Stock Futures Fall Oil Climbs on Iran Tensions Markets Wrap Bloombergcom

Anand Kris...May 7, 2026
Asian stocks pulled back from a record high and crude oil rose as escalating tensions in the Middle East revived concerns over energy supplies, testing the durability of the recent…
Corporate Card Startup Ramp Raising Funds at 40 Billion Valuation  WSJ

Corporate Card Startup Ramp Raising Funds at 40 Billion Valuation WSJ

Kate ClarkMay 7, 2026
The financing target represents a more than 30% increase from six months ago
The Messy Humiliating Courtroom Drama Between Elon Musk and OpenAI  Bloombergcom

The Messy Humiliating Courtroom Drama Between Elon Musk and OpenAI Bloombergcom

Max Chafki...May 7, 2026
Artificial intelligence companies were already unpopular before the billionaires started fighting in court.
Citi Shares Decline as Return Target Falls Short of Expectations  Bloombergcom

Citi Shares Decline as Return Target Falls Short of Expectations Bloombergcom

Todd Gille...May 7, 2026
Citigroup Inc. set out fresh targets in a pitch to convince investors it can inch closer to its Wall Street rivals, after years of pushing to remedy regulators’ complaints and…
China Asks Banks to Pause New Loans to USSanctioned Refiners  Bloombergcom

China Asks Banks to Pause New Loans to USSanctioned Refiners Bloombergcom

May 7, 2026
China’s financial regulator advised the country’s largest banks to temporarily suspend new loans to five refiners recently sanctioned by the US over their ties to Iranian oil, according to people…
Whirlpools Stock Drops 20 as Company Warns Higher Prices Are Coming  WSJ

Whirlpools Stock Drops 20 as Company Warns Higher Prices Are Coming WSJ

John Keilm...May 7, 2026
The appliance maker cut its earnings guidance in half as historically low consumer confidence steers people away from its higher-end products
Nvidia to Invest 500 Million in Corning Expand Fiber Optic Manufacturing  WSJ

Nvidia to Invest 500 Million in Corning Expand Fiber Optic Manufacturing WSJ

WSJMay 6, 2026
Nvidia to Invest $500 Million in Corning, Expand Fiber Optic Manufacturing - WSJ
China Is Still Supplying Drone Factories in Iran Russia Despite US Sanctions  WSJ

China Is Still Supplying Drone Factories in Iran Russia Despite US Sanctions WSJ

WSJMay 6, 2026
China Is Still Supplying Drone Factories in Iran, Russia Despite U.S. Sanctions - WSJ
HSBC Profit Misses on Charges Related to the UK Middle East  Bloombergcom

HSBC Profit Misses on Charges Related to the UK Middle East Bloombergcom

Harry Wils...May 5, 2026
HSBC Holdings Plc reported profit that missed estimates, weighed down by an unexpected charge related to the collapse of UK mortgage lender Market Financial Solutions Ltd. and rising economic risks…

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