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Business

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Australian AI datacentre boom risks stoking inflation and housing shortages

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.

Business ·2 Jul 2026, 08:02 ·Priya Raman 4 min read
Paramount to exit Universal joint venture for EU merger approval

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.

Business ·2 Jul 2026, 01:03 ·Priya Raman 3 min read
Trump reports at least $1.4 billion in 2025 crypto earnings

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.

Business ·1 Jul 2026, 13:02 ·Priya Raman 3 min read
Nayara Energy cuts fuel prices as state-run retailers hold rates steady

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.

Business ·1 Jul 2026, 12:03 ·Priya Raman 2 min read
Trump lifts export restrictions on Anthropic Mythos and Fable AI models

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.

Business ·1 Jul 2026, 07:01 ·Priya Raman 4 min read
Trump’s income topped $2 billion in 2025, boosted by crypto, coin ventures

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.

Business ·1 Jul 2026, 05:01 ·Priya Raman 3 min read
Trump earned over $1 billion on cryptocurrency and coin ventures last year

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.

Business ·1 Jul 2026, 04:01 ·Priya Raman 4 min read
JetBlue pilot reports striking a drone while landing at JFK airport

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.

Business ·30 Jun 2026, 01:02 ·Priya Raman 3 min read
Comcast to split into two companies, spin off NBCUniversal and Sky

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.

Business ·29 Jun 2026, 15:03 ·Priya Raman 3 min read
Oil prices rise as US, Iranian strikes threaten Strait of Hormuz reopening

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.

Business ·29 Jun 2026, 13:03 ·Priya Raman 3 min read
US dollar on track for biggest monthly gain in nearly a year

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.

Business ·29 Jun 2026, 12:01 ·Priya Raman 3 min read
Zacks Investment Research identifies top stocks for potential upside

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.

Business ·28 Jun 2026, 21:02 ·Priya Raman 3 min read
Thunderstorms disrupt Gatwick and Heathrow as hundreds of flights delayed or cancelled

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.

Business ·27 Jun 2026, 18:01 ·Priya Raman 4 min read
Apple seeks to buy memory chips from blacklisted Chinese company

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.

Business ·27 Jun 2026, 13:01 ·Priya Raman 3 min read
Apple raises iPad and MacBook prices as memory chip costs surge

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.

Business ·26 Jun 2026, 21:01 ·Priya Raman 3 min read
Apple raises iPad and MacBook prices, blaming cost of chips amid AI boom

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.

Business ·26 Jun 2026, 06:01 ·Priya Raman 3 min read