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Business

Latest Business news from around the world

Gov. Gavin Newsom vowed to stop California's billionaire tax. He has just over a week left to keep it off the ballot.
Business

Gov. Gavin Newsom vowed to stop California's billionaire tax. He has just over a week left to keep it off the ballot.

Gov. Gavin Newsom vowed to stop a billionaire tax in California. The deadline for the measure to appear on the November ballot is days away.

Kelsey Vlamis · 17 Jun, 2026
Snap finally unveiled its Specs AR glasses, and the $2,195 price tag is raising eyebrows
Business

Snap finally unveiled its Specs AR glasses, and the $2,195 price tag is raising eyebrows

Snap has unveiled a new pair of augmented reality glasses with a price tag more commonly seen on a gaming PC or high-end TV.

Katherine Li · 16 Jun, 2026
German broadcaster removes language tying Elon Musk to Northern Ireland unrest
Business

German broadcaster removes language tying Elon Musk to Northern Ireland unrest

Musk threatened legal action against ZDF for what he called "outrageous lies."

Insider Inc. · 16 Jun, 2026
Meta's CTO says morale is almost 'the worst it's ever been'
Business

Meta's CTO says morale is almost 'the worst it's ever been'

Meta recently faced layoffs and AI shifts. CTO Andrew Bosworth acknowledged low morale, though he said it was worse during Cambridge Analytica.

Charles Rollet · 16 Jun, 2026
An Iran peace deal won't lower airfares anytime soon, analysts say
Business

An Iran peace deal won't lower airfares anytime soon, analysts say

Analysts say tight seat supply and strong demand give airlines little incentive to cut fares, even if the US-Iran war ends and oil prices fall.

Taylor Rains · 16 Jun, 2026
Microsoft walked away from a $3 billion deal to lease Oracle cloud capacity over security concerns
Business

Microsoft walked away from a $3 billion deal to lease Oracle cloud capacity over security concerns

Microsoft was recently in talks with Oracle for cloud infrastructure, but sources say the deal fell through over security and compliance concerns.

Ashley Stewart · 16 Jun, 2026
I felt guilty for being exhausted by my kids. I realized that makes me a good dad.
Business

I felt guilty for being exhausted by my kids. I realized that makes me a good dad.

In an excerpt from "The Tired Dad," Jon Gustin says good parents need rest and shouldn't confuse exhaustion with failure.

Insider Inc. · 16 Jun, 2026
I ate 31 different Blizzards at Dairy Queen and ranked the flavors from worst to best
Business

I ate 31 different Blizzards at Dairy Queen and ranked the flavors from worst to best

I'm tasting all the Blizzard flavors at Dairy Queen, from Oreo to cheesecake and other seasonal flavors. Here are the best and worst ones to order.

Savanna Swain-Wilson · 16 Jun, 2026
Rivian trims its workforce as the EV maker pursues profitable growth
Business

Rivian trims its workforce as the EV maker pursues profitable growth

Rivian's layoffs impact less than 2% of the company. It comes as the EV maker's most important car, the R2, reaches customer's driveways.

Ben Shimkus · 16 Jun, 2026
The subtext of Robinhood's layoff memo: It's not us, it's you
Business

The subtext of Robinhood's layoff memo: It's not us, it's you

The trading platform's CEO drew a clear contrast between the workforce the company is shedding and the one it wants to keep.

Sarah E. Needleman,Tim Paradis · 16 Jun, 2026
Pizza Hut is getting a new owner: private equity firm LongRange buys chain in $1.5 billion deal
Business

Pizza Hut is getting a new owner: private equity firm LongRange buys chain in $1.5 billion deal

Yum! Brands is selling Pizza Hut for $2.7B, with LongRange Capital and Yum China taking over. Yum! will refocus on KFC, Taco Bell, and Habit Burger.

Katherine Tangalakis-Lippert · 16 Jun, 2026
The 20 most peaceful countries in the world, ranked
Business

The 20 most peaceful countries in the world, ranked

Amid military tensions overseas, international peace has gained new importance for those looking to travel or move abroad.

Kristine Villarroel,James LaForge · 16 Jun, 2026