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Business

Latest Business news from around the world

Meta begins cutting thousands of jobs in sweeping layoffs. Here's how much it's paying in severance.
Business

Meta begins cutting thousands of jobs in sweeping layoffs. Here's how much it's paying in severance.

Meta has begun sending layoff emails to roughly 10% of its workforce. The cuts are expected to eliminate around 8,000 roles.

Rya Jetha,Charles Rollet,Shubhangi Goel · 20 May, 2026
Why Google held back a huge new AI model at its big conference
Business

Why Google held back a huge new AI model at its big conference

Google CEO Sundar Pichai said Gemini 3.5 Pro will come out next month. Here's one theory why it's delayed.

Alistair Barr · 20 May, 2026
Here are the 5 biggest takeaways from Google I/O
Business

Here are the 5 biggest takeaways from Google I/O

Google AI chief Demis Hassabis discusses singularity at I/O 2026, showcasing AI innovations like Spark and Gemini amid coding challenges.

Charles Rollet · 20 May, 2026
Don't drive your Cybertruck into a lake
Business

Don't drive your Cybertruck into a lake

Police said the 70-year-old driver was testing out the truck's Wade Mode setting. He ended up spending the night in jail.

Taylor Berman · 19 May, 2026
2 TSA experiments show a new direction after chaos during the government shutdowns
Business

2 TSA experiments show a new direction after chaos during the government shutdowns

The TSA is experimenting with new ways to make airport security less of a headache, and it's leaning more on private companies to do it.

Taylor Rains · 19 May, 2026
The DOJ's sweeping Trump settlement bars the IRS from pursuing any unpaid taxes claims it may have against Trump
Business

The DOJ's sweeping Trump settlement bars the IRS from pursuing any unpaid taxes claims it may have against Trump

The DOJ's settlement of Trump's lawsuit related to his leaked tax returns includes a sweeping pledge.

Insider Inc. · 19 May, 2026
Trump's plan to limit student loans for borrowers — including nurses — is illegal, 25 states say in a fresh lawsuit
Business

Trump's plan to limit student loans for borrowers — including nurses — is illegal, 25 states say in a fresh lawsuit

A group of 25 states sued the Department of Education, saying that the student-loan borrowing caps would exacerbate the healthcare shortage.

Ayelet Sheffey · 19 May, 2026
Spotify's disco ball icon is ugly. You looked!
Business

Spotify's disco ball icon is ugly. You looked!

Everyone hates Spotify's new green disco ball app icon. It's a mess. But it worked.

Katie Notopoulos · 19 May, 2026
Google isn't releasing its next big AI model yet, drawing groans at its I/O conference
Business

Google isn't releasing its next big AI model yet, drawing groans at its I/O conference

Google's Gemini 3.5 Pro AI model will launch next month, announces CEO Sundar Pichai at I/O 2026—disappointing attendees.

Charles Rollet · 19 May, 2026
These $70 satin Adidas pants are the latest status symbol in mom groups. They're totally worth it.
Business

These $70 satin Adidas pants are the latest status symbol in mom groups. They're totally worth it.

The Adidas Originals Satin Animal Print Pants have become the latest obsession in mom Facebook groups, repeatedly selling out online.

Conz Preti · 19 May, 2026
College students boo after a 'new AI system' misses names during graduation ceremony
Business

College students boo after a 'new AI system' misses names during graduation ceremony

Glendale Community College president Tiffany Hernandez blamed a "new AI system" when some graduates' names weren't read while they walked.

Henry Chandonnet · 19 May, 2026
Trump's student-loan repayment overhaul limits borrowing for nurses. There's a new bipartisan push to change that.
Business

Trump's student-loan repayment overhaul limits borrowing for nurses. There's a new bipartisan push to change that.

The Department of Education excluded advanced nursing degrees from higher student-loan borrowing caps. A new bipartisan bill would change that.

Ayelet Sheffey · 19 May, 2026