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Business

Latest Business news from around the world

I grew up in the Midwest as a Korean adoptee. Living in Seoul helped me finally feel Korean and American.
Business

I grew up in the Midwest as a Korean adoptee. Living in Seoul helped me finally feel Korean and American.

Growing up, Jillian Kurovski struggled with people telling her she wasn't Korean or American enough.

Amanda Goh · 13 May, 2026
Sam Altman's court appearance shines a light on his billions in tech investments
Business

Sam Altman's court appearance shines a light on his billions in tech investments

OpenAI CEO Sam Altman's investments in Helion Energy, Cerebras, and other companies were shown in trial on Tuesday.

Stephen Council,Kaja Whitehouse · 12 May, 2026
Jimmy Kimmel pokes fun at his Trump beef during Disney's annual ad presentation
Business

Jimmy Kimmel pokes fun at his Trump beef during Disney's annual ad presentation

Jimmy Kimmel acknowledged his dispute with President Trump in Disney's presentation to advertisers, while nodding at "The Bachelorette" controversy.

James Faris · 12 May, 2026
7 takeaways from Sam Altman's bombshell testimony in his trial against Elon Musk
Business

7 takeaways from Sam Altman's bombshell testimony in his trial against Elon Musk

Sam Altman testified that he considered going to Microsoft to make 'a ton of money' during his ouster from OpenAI.

Jacob Shamsian,Stephen Council,Laura Italiano,Natalie Musumeci · 12 May, 2026
This is how much airlines pay to fuel passenger jets as oil tops $100 a barrel — and what it means for ticket prices
Business

This is how much airlines pay to fuel passenger jets as oil tops $100 a barrel — and what it means for ticket prices

Fueling a Boeing 747-8 now costs more than $250,000 — driving already-expensive fares up by hundreds of dollars during the peak summer travel season.

Taylor Rains · 12 May, 2026
A rare Navy photo revealed the location of a nuclear-missile submarine amid Iran tensions
Business

A rare Navy photo revealed the location of a nuclear-missile submarine amid Iran tensions

The Navy shared a photo of a ballistic-missile submarine docked in Gibraltar, saying its presence demonstrates the US commitment to NATO allies.

Talia Lakritz · 12 May, 2026
A former OpenAI employee explains the 'open secret' of AI: Companies are building systems they still can't reliably control
Business

A former OpenAI employee explains the 'open secret' of AI: Companies are building systems they still can't reliably control

Daniel Kokotajlo warns AI systems are advancing faster than companies can control, raising concerns about alignment and transparency.

Reem Makhoul,Barbara Corbellini Duarte,Jessica Orwig · 12 May, 2026
Jamie Dimon just joined Ken Griffin in warning that taxes could curb expansion plans
Business

Jamie Dimon just joined Ken Griffin in warning that taxes could curb expansion plans

Dimon said that higher taxes on banks in the UK could cause him to "reconsider" plans for his new building in London.

Alice Tecotzky · 12 May, 2026
MrBeast teases a new membership program at an invite-only advertiser party
Business

MrBeast teases a new membership program at an invite-only advertiser party

MrBeast is planning a membership program as the world's biggest social media star looks beyond YouTube to build a diversified entertainment company.

Lucia Moses · 12 May, 2026
Diameter's Scott Goodwin says some private credit portfolios are 'almost criminal'
Business

Diameter's Scott Goodwin says some private credit portfolios are 'almost criminal'

Diameter is investing in different credit structures to take advantage of the private credit pain.

Bradley Saacks · 12 May, 2026
Sam Altman faces awkward grilling over 'toxic culture of lying'
Business

Sam Altman faces awkward grilling over 'toxic culture of lying'

OpenAI CEO Sam Altman was bombarded with questions from Elon Musk's attorney over whether he lies to advance his business interests.

Natalie Musumeci,Stephen Council · 12 May, 2026
Venmo still isn't taking privacy seriously
Business

Venmo still isn't taking privacy seriously

Venmo is a privacy dumpster fire. Its new settings don't change that. You should check yours to see if you're sharing too much.

Katie Notopoulos · 12 May, 2026