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.
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Business
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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.
Business
US Approves $8.6 Billion in Emergency Arms Sales to Middle East Allies
The Trump administration bypassed congressional review to fast-track military equipment to Israel, Qatar, Kuwait, and the United Arab Emirates.
Business
US Approves $8.6 Billion in Emergency Arms Sales to Middle East Allies
The Trump administration bypassed congressional review to fast-track military equipment to Israel, Qatar, Kuwait, and the United Arab Emirates.
Business
Spirit Airlines Shuts Down After Failed Government Bailout
The ultra-low-cost carrier ceased all global operations Saturday after failing to secure a $500 million rescue deal from the Trump administration.
Business
Spirit Airlines Shuts Down Following Failed Government Bailout
The US budget carrier ceased all operations after a surge in jet fuel prices and failed rescue talks left the airline unable to survive.
Business
Trump Announces Increase of EU Car Tariffs to 25%
President Trump stated that tariffs on European Union cars and trucks will rise to 25% next week due to alleged non-compliance with a trade agreement.
Business
Syria Emerges as Alternative Oil Corridor Amid Hormuz Blockade
Syria is facilitating the overland transport of Iraqi crude oil to Europe as conflict and blockades disrupt the Strait of Hormuz.
Business
Venezuela Crude Exports Hit Highest Level Since 2018
April exports rose 14% to 1.23 million barrels per day as U.S. sanctions eased and demand grew from India, the U.S., and Europe.
Business
Drugmaker Files Emergency Appeal After Court Limits Mifepristone Access
Danco Laboratories is seeking a Supreme Court intervention after a federal appeals court reinstated in-person requirements for the abortion pill.
Business
Spirit Airlines Ceases Operations After 34 Years
The ultra-low-cost carrier has halted all flights and entered liquidation following prolonged financial distress.