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Business

Latest Business news from around the world

Tesla is raising Cybertruck prices by $5,000 as it settles into a luxury niche
Business

Tesla is raising Cybertruck prices by $5,000 as it settles into a luxury niche

Tesla raised the price of the base model Cybertruck by $5,000. An analyst tells BI it's settling into the luxury segment.

Ben Shimkus · 26 Aug, 2026
Rich New Yorkers trying to dodge the new tax on second homes slam into a harsh reality
Business

Rich New Yorkers trying to dodge the new tax on second homes slam into a harsh reality

New York City's wealthiest homeowners are asking lawyers and tax advisors how to avoid Mamdani's pied-à-terre tax. They're not finding many loopholes.

James Rodriguez · 26 Aug, 2026
'Shark Tank' star Daniel Lubetzky shares 3 steps to turn a wild idea into a viable business
Business

'Shark Tank' star Daniel Lubetzky shares 3 steps to turn a wild idea into a viable business

Kind Snacks founder and "Shark Tank" star Daniel Lubetzky says the best business ideas often begin by sounding ridiculous.

Thibault Spirlet · 26 Aug, 2026
Dolly Parton had a hotel, museum, and Broadway musical set to launch in the months ahead
Business

Dolly Parton had a hotel, museum, and Broadway musical set to launch in the months ahead

In an interview days before her death, Dolly Parton said she was also working on a new line of dog treats.

Amanda Goh · 26 Aug, 2026
A Canadian premier has 2 ideas about where to hit Trump where it hurts: US fighter jets and coal
Business

A Canadian premier has 2 ideas about where to hit Trump where it hurts: US fighter jets and coal

British Columbia Premier David Eby wants Canada to target US fighter jets and coal as it looks beyond tariffs in its trade war with Trump.

Huileng Tan · 26 Aug, 2026
Canadian politicians say Trump can rename that lake whatever he likes, but it'll 'always be Lake Ontario'
Business

Canadian politicians say Trump can rename that lake whatever he likes, but it'll 'always be Lake Ontario'

Canada's leaders heard Trump's threat to rename Lake Ontario to Lake America, and they don't really care.

Aditi Bharade · 26 Aug, 2026
So-called 'English teachers' at Taiwan's big war games are an open secret — US military help is getting harder to hide
Business

So-called 'English teachers' at Taiwan's big war games are an open secret — US military help is getting harder to hide

It's an open secret in Taiwan that the US is advising its troops closely. This year, Taipei addressed that elephant in the room.

Matthew Loh · 26 Aug, 2026
Deloitte to pay $21.5 million to settle Trump administration's DEI investigation
Business

Deloitte to pay $21.5 million to settle Trump administration's DEI investigation

Deloitte agreed to a $21.5 million settlement to end the Justice Department's investigation into its DEI practices.

Kelsey Vlamis · 26 Aug, 2026
Adam Mosseri said Instagram struggled for years to get teens to use 'Take a Break'
Business

Adam Mosseri said Instagram struggled for years to get teens to use 'Take a Break'

The head of Instagram testified during a high-stakes trial that the company spent years trying to persuade teens to use its well-being feature.

Katherine Li · 26 Aug, 2026
Trump's Canada tariffs take aim at America's favorite cars
Business

Trump's Canada tariffs take aim at America's favorite cars

President Donald Trump threatened 50% tariffs on Canadian vehicles and auto parts. Three of America's four best-selling vehicles are assembled there.

Ben Shimkus · 25 Aug, 2026
A complete timeline of Dolly Parton's inspiring life and career
Business

A complete timeline of Dolly Parton's inspiring life and career

Before Dolly Parton was a country megastar, she grew up in a poor family in rural Tennessee.

Erin McDowell,Max Kalnitz · 25 Aug, 2026
Target’s offensive Halloween costume is a stumble at a key moment
Business

Target’s offensive Halloween costume is a stumble at a key moment

The controversy over an offensive Halloween costume at Target risks reigniting public anger at the company's shifting stance on diversity.

Dominick Reuter,Sarah E. Needleman · 25 Aug, 2026