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Business

All articles tagged with #business

business14 minutes ago•2 min saved

European equities creep higher as Middle East tensions loom and earnings flow

European stocks nudged up as investors weighed intensifying Middle East tensions, U.S.-Israel actions, and a batch of corporate results; the Stoxx 600 rose about 0.3% with gains across the UK, Germany, and France, while Spain drew attention amid Trump’s rhetoric on bases and trade. German tank maker Renk posted strong 2025 revenue though shares fell, and traders awaited EU retail sales data alongside earnings from Merck, DHL Group, Reckitt Benckiser, Galderma, and Universal Music Group.

via CNBC|

#business #earnings #europe

business2 hours ago•3 min saved

Oil signals calm amid Iran conflict, boosting stocks

Jim Cramer says oil’s tame moves amid the Iran war hint the Strait of Hormuz may reopen without a long disruption to crude, a view that helped lift U.S. stocks as inflation risk from oil prices looks contained. Brent and WTI showed modest gains after volatile sessions, while major indices rose (Dow +0.5%, S&P +0.8%, Nasdaq +1.3%). Tech names like Amazon and Nvidia climbed, and CrowdStrike’s 4% gain reflected a shift away from fears of AI-driven software disruption, suggesting investors are rotating toward high-quality stocks as the war potentially winds down.

via CNBC|

#business #investing #iran

business2 hours ago•2 min saved

Amazon trims robotics workforce amid broader cost-cutting push

Amazon is reducing headcount in its robotics division as it ramps up automation across its fulfillment network, signaling broader cost-cutting at the company; the cuts this week reportedly affected a relatively small number of roles.

via Seeking Alpha|

#amazon #automation #business

business3 hours ago•4 min saved

Paramount+ and HBO Max Merge Aims to Make a Netflix-Disney-Size Power Play

Paramount Skydance’s plan to merge HBO Max with Paramount+ (including Discovery assets) would create a mega-streamer approaching 210 million subscribers worldwide, potentially rivaling Netflix and Disney+. The move hinges on solving overlap in audiences (about 7.6 million U.S. subscribers subscribe to both) and navigating leadership dynamics between HBO’s Casey Bloys and Paramount’s Cindy Holland, but if executed well it could give the combined platform a broader reach for IP like Mission Impossible, Top Gun, Yellowstone, and more.

via Page Six|

#business #hbo-max #merger

business4 hours ago•17 min saved

LA City Council Approves Broad Reforms to Speed Film and TV Production

Los Angeles City Council unanimously approved seven measures to streamline film and TV production, covering permitting, fee structures, public-facility access, and oversight of FilmLA, including a free micro-shoot permit. Phase 1 aims to cut red tape and address bottlenecks, with a second phase planned to boost incentives to attract more production. Implementation is expected within 45 to 180 days.

via Deadline|

#business #film-production #filmla

business5 hours ago•4 min saved

Musk Takes the Stand in Twitter Takeover Trial, Defends Deal Tactics and Bot Claims

Elon Musk testified in a San Francisco jury trial to defend himself against claims he misled investors and used tactics to back out of his $44 billion Twitter takeover, arguing the deal warranted renegotiation and that Twitter overstated bot figures; he described heated exchanges with Twitter’s board and said he pursued the deal after his lawyers warned a Delaware judge might rule against him, a decision he framed as a windfall for shareholders even as Twitter stock fell during the dispute.

via PBS|

#bots #business #delaware

business5 hours ago•3 min saved

Tariff refunds loom as court orders CBP to return billions

A U.S. trade court ordered Customs and Border Protection to finalize import-entry costs without the tariffs deemed illegal by the Supreme Court and to issue refunds with interest, potentially totaling billions for many shipments. The process is described as unprecedented in scale and could take months, with about 2,000 lawsuits seeking refunds and more than $130 billion collected under IEEPA.

via CNBC|

#business #cbp #ieepa

business5 hours ago•36 min saved

Robinhood eyes wealthy clients with Platinum card

Robinhood rolled out a $695-a-year Platinum credit card for high-income customers as it moves from a trading-focused image toward a broader fintech platform, promising about $3,000 in value and aiming to attract wealthier clients who may also use its other services, while it expands custodial accounts for minors to grow its mature user base.

via Reuters|

#business #fintech #platinum-card

business6 hours ago•5 min saved

Hormuz chokepoint grinds global shipping to a halt as tensions rise

Tanker traffic through the Strait of Hormuz has plunged as Middle East tensions flare, with about a 90% drop from the prior week as ships skirt danger; insurers are hiking war-risk premiums, major carriers have paused bookings, and oil and gas prices are climbing, threatening inflation and potentially altering Fed rate expectations.

via NBC News|

#business #inflation #oil-prices

business6 hours ago•3 min saved

Trade court orders tariff refunds, signaling setback for Trump’s tariff strategy

A federal court (US Court of International Trade) ordered Customs and Border Protection to issue refunds for tariffs imposed under the International Emergency Economic Powers Act after the Supreme Court struck them down, covering thousands of import entries and marking a setback for the Trump administration as it looks to replace the tariffs; the refund process remains unclear and questions linger about future trade policy and any new global tariffs.

via BBC|

#business #ieepa #refunds

business7 hours ago•6 min saved

Health Insurance and Utilities Propel 2025 Business-Cost Surge, With 2026 Slowdown Ahead

New York Fed’s Liberty Street Economics reports that in 2025, firms saw cost increases accelerate, led by employee health insurance (roughly 13–14%), utilities (~8%), and business insurance (~7–7.5%), with manufacturers facing about 8% costs for goods and materials. Tariffs contributed to input costs for some firms. Wages rose modestly (~3.4%) and rents ~2%. Firms expect costs to ease in 2026 to around 4.8% for manufacturers and 5.4% for service firms, and the series will further examine health-insurance effects on wages and pricing/inflation expectations.

via Liberty Street Economics|

#business #business-insurance #health-insurance

business7 hours ago•17 min saved

Paramount-Warner Bros Deal Could Reshape Canada’s TV Landscape

Paramount Skydance’s bid to acquire Warner Bros. Discovery (home to HBO Max) and possible plans to merge HBO Max with Paramount+ could dramatically shift Canada’s TV market by boosting U.S. streaming dominance and pressuring Canadian players like Bell Media, whose HBO/Max content deal for Crave is currently in place but susceptible to renegotiation as cross-border content control shifts.

via The Hollywood Reporter|

#business #crave #hbo-max

business8 hours ago•42 min saved

Wendy’s Chief Joins the Burger Wars with Baconator Demo on Camera

Wendy’s U.S. President Pete Suerken posted a LinkedIn video showing him grilling and eating Wendy’s Baconator (with fries and a Frosty), declaring it ‘this is exactly what a good hamburger should be,’ as Wendy’s wades into the ongoing burger-war chatter spurred by rival clips from McDonald’s and Burger King; the post drew mixed reaction over authenticity and doubled as a branding jab (including a sly dig about ice-cream machines).

via Yahoo News New Zealand|

#baconator #burger-king #business

business8 hours ago•4 min saved

China Sets 2026 Growth Target Below 5%, Signaling Slower Path

China unveiled a 2026 growth target of 4.5–5%, the first below 5% in more than three decades, signaling a slower, rebalanced economy as officials push for stronger domestic demand, higher-quality growth, and less reliance on manufacturing, while observers question official data and anticipate policies to boost consumption and address overcapacity.

via The New York Times|

#business #china-economy #consumption

business8 hours ago•3 min saved

Refunds on unlawful tariffs move forward after Supreme Court ruling

A federal judge in New York ruled that U.S. importers who paid tariffs invalidated by the Supreme Court are entitled to refunds, with the Court of International Trade handling the process; the ruling follows a February decision that the president lacked authority to impose the tariffs under IEEPA, and the government could owe as much as about $175 billion in refunds.

via CBS News|

#business #ieepa #refunds