Business
Declining Gulf Remittances Strain Pakistani Households
Decreased financial transfers from workers in the Gulf are impacting the ability of millions of Pakistani families to afford basic needs and education.
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Business
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Business
Trump Media reports $406 million first-quarter loss
The parent company of Truth Social reported a net loss exceeding $400 million for the first quarter of 2026, primarily due to declining cryptocurrency valuations.
Business
Nike Hit With Class Action Lawsuit Over Tariff Refund Allegations
Consumers allege the athletic apparel company pocketed tariff refunds while maintaining higher retail prices for footwear and apparel.
Business
Intel Shares Surge Following Report of Preliminary Chip Deal With Apple
Intel stock reached a record high Friday after reports that the company reached a preliminary agreement to manufacture chips for Apple devices.
Business
India Notifies New Labour Codes Capping Weekly Work Hours at 48
The central government has operationalized new labour reforms consolidating 29 laws into four, introducing standardized wage regulations and overtime pay requirements.
Business
Apple and Intel Reach Preliminary Agreement for Chip Manufacturing
Intel will manufacture some of the chips used in Apple devices under a preliminary deal reported by the Wall Street Journal.
Business
Oil Prices Surge Following U.S.-Iran Fire Exchange in Strait of Hormuz
Crude oil futures jumped Friday as renewed hostilities between the U.S. and Iran threatened a fragile ceasefire and global supply chains.
Business
US Trade Court Rules Trump's 10% Global Tariffs Illegal
A federal court panel found that the 10 percent across-the-board tariffs imposed by President Trump violated the law.
Business
Oil Prices Drop Below $100 as Markets Await Iran Response to U.S. Deal
Crude oil futures fell sharply Thursday as investors reacted to reports of a draft plan to end the conflict between the United States and Iran.
Business
SoftBank Shares Surge Over 16% as Nikkei 225 Hits Record High
The benchmark Nikkei 225 index rose more than 5% as Japan reopened following Golden Week holidays, driven by a rally in technology stocks.
Business
CNN Founder Ted Turner Dies at 87
The media mogul and philanthropist pioneered the 24-hour news cycle by launching the Cable News Network in 1980.
Business
Samsung Electronics reaches $1 trillion market valuation
The South Korean tech giant joins the $1 trillion club following a surge in AI-driven semiconductor demand and record-breaking gains on the KOSPI.
Business
FDA Authorizes First Fruit-Flavored E-Cigarettes for Adult Smokers
The U.S. Food and Drug Administration has shifted policy to allow fruit-flavored vaping products intended for adults.
Business
UAE Departure from OPEC Raises Concerns Over Global Energy Volatility
The United Arab Emirates' decision to leave the OPEC oil cartel has sparked concerns regarding price stability and the future of regional energy alliances.
Business
Intel Shares Hit All-Time High Following Reports of Apple Chip Talks
Intel stock surged 14% on Tuesday amid reports that the company is in early discussions with Apple regarding a chip-making partnership for U.S. devices.
Business
Russia's Northern Sea Route Faces Political and Environmental Hurdles
Moscow's ambitions to turn the Arctic shortcut into a global trade artery are hampered by sanctions and environmental risks.
Business
Dubai's Financial Hub Status Tested by Iran Conflict
Wealthy elites are reportedly shifting assets to Singapore and Switzerland as regional tensions challenge Dubai's reputation as a safe haven.
Business
GameStop Makes Unsolicited $56 Billion Takeover Offer for eBay
CEO Ryan Cohen proposes a cash and stock deal valuing eBay at $125 per share to create a larger rival to Amazon.
Business
GameStop CEO Ryan Cohen Makes Unsolicited $56 Billion Offer for eBay
CEO Ryan Cohen seeks to transform the video game retailer into a larger competitor to Amazon through the acquisition of the e-commerce platform.
Business
US Department of Justice Sues Cloudera for Hiring Discrimination
The DOJ alleges the California-based tech firm used a sham hiring process to favor temporary visa holders over American workers.
Business
Bard College President Leon Botstein to Retire Following Epstein Scrutiny
Leon Botstein announced his retirement as president of the New York college after an independent review of his ties to Jeffrey Epstein.
Business
Hourly Workers Face Unstable Pay and Schedules Due to Algorithmic Management
Employees across multiple industries report erratic scheduling and pay cuts as companies implement software to minimize labor costs and maximize productivity.
Business
Israel Approves Multi-Billion Dollar Deal for F-35 and F-15IA Fighter Jets
The purchase of two new combat squadrons from Lockheed Martin and Boeing marks the first step in a 350 billion shekel force-building plan titled 'Shield of Israel'.
Business
OPEC+ Raises Oil Production Quotas Amid Strait of Hormuz Closure
Seven major producers will increase output by 188,000 barrels per day in June, though disruptions in the Persian Gulf limit actual supply.