Business
Australian AI datacentre boom risks stoking inflation and housing shortages
A massive influx of AI infrastructure investment is sparking warnings from economists and officials over construction shortages and competition for industrial land.
Paramount to exit Universal joint venture for EU merger approval
Paramount Skydance has committed to withdrawing from United International Pictures to resolve antitrust concerns raised by the European Commission.
Trump reports at least $1.4 billion in 2025 crypto earnings
A new financial disclosure indicates that cryptocurrency ventures now account for the majority of President Donald Trump's reported income. The document details earnings from meme coin licensing and the World Liberty Financial project.
Nayara Energy cuts fuel prices as state-run retailers hold rates steady
India's largest private fuel retailer has reduced pump prices for the first time in over two years, diverging from state-run oil companies.
Trump lifts export restrictions on Anthropic Mythos and Fable AI models
The Trump administration has removed export restrictions on Anthropic’s Claude Fable 5 and Mythos 5 models, allowing the company to restore global access.
Trump’s income topped $2 billion in 2025, boosted by crypto, coin ventures
Financial disclosures reveal that President Trump's 2025 income exceeded $2 billion, driven largely by World Liberty Financial and $TRUMP meme coin proceeds.
Trump earned over $1 billion on cryptocurrency and coin ventures last year
A financial disclosure reveals that digital assets became one of the most lucrative components of President Donald Trump's business empire during his second term.
JetBlue pilot reports striking a drone while landing at JFK airport
A JetBlue flight from Las Vegas reported a drone strike near JFK airport, though post-flight inspections found no physical damage to the Airbus A321.
Comcast to split into two companies, spin off NBCUniversal and Sky
Comcast is separating into two independent, publicly traded companies by spinning off NBCUniversal and Sky. The remaining business will focus on wireless and internet services.
Oil prices rise as US, Iranian strikes threaten Strait of Hormuz reopening
Oil prices climbed Monday following tit-for-tat strikes between the US and Iran, sparking fears that the Strait of Hormuz will remain blocked.
US dollar on track for biggest monthly gain in nearly a year
The US dollar is on track for a 2.5% gain for June as investors react to rising inflationary pressures and expected interest rate hikes.
Zacks Investment Research identifies top stocks for potential upside
Zacks Equity Research utilizes its proprietary ranking system to identify stocks with high potential for short-term returns across multiple sectors.
Thunderstorms disrupt Gatwick and Heathrow as hundreds of flights delayed or cancelled
Hundreds of flights at London's major hubs have been delayed or cancelled as severe thunderstorms follow a record-breaking heatwave across south-east England.
Apple seeks to buy memory chips from blacklisted Chinese company
Apple is seeking government clearance to purchase memory chips from CXMT to combat rising costs driven by the AI industry's data center buildout.
Apple raises iPad and MacBook prices as memory chip costs surge
Apple has announced price increases for its MacBook and iPad lines, citing rising memory and storage chip costs driven by the AI industry.
Apple raises iPad and MacBook prices, blaming cost of chips amid AI boom
Apple has implemented price increases across its Mac, iPad, and HomePod lineups, citing an unsustainable surge in semiconductor costs.