Natural gas futures tumbled over 25% on Monday, hitting a three-week low, as a swift recovery in U.S. production and a warmer weather forecast alleviated supply concerns sparked by last week's Arctic blast.
Saks Global is closing most of its Saks OFF 5TH off-price stores across the U.S., leaving only a dozen locations open as it refocuses on core luxury and full-price retail after a recent Chapter 11 filing.
In a landmark move, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling the state monopoly that defined its socialist era. While aimed at reviving production, the new hybrid system raises critical questions about transparency, U.S. influence, and its true appeal to foreign capital.
President Claudia Sheinbaum commits to humanitarian support and exploring fuel shipments to Cuba, directly challenging Trump administration efforts to isolate Havana. The move risks escalating tensions ahead of crucial U.S.-Mexico trade talks.
As Palantir Technologies reports a massive surge in U.S. government revenue, CEO Alex Karp publicly defends the company's controversial surveillance platforms, insisting they contain safeguards against overreach. The defense comes amidst growing public and political scrutiny over its contracts with immigration enforcement agencies.
Joby Aviation is on the cusp of launching its pioneering air taxi service in Dubai as early as this year, marking a critical milestone for the eVTOL industry. With U.S. certification advancing, the company eyes 2026 for scaled commercial operations, navigating the final hurdles of funding and regulatory approval.
General Motors CEO Mary Barra attended a White House event where President Trump unveiled 'Project Vault,' a $12 billion initiative to create a strategic reserve of critical minerals aimed at securing U.S. industrial supply chains.
GameStop has transferred its entire Bitcoin holdings to an institutional exchange, as CEO Ryan Cohen pivots the company's focus toward a major acquisition, suggesting its crypto strategy is being deprioritized.
Ford Motor and Chinese tech giant Xiaomi have firmly denied a Financial Times report of preliminary talks to collaborate on electric vehicle production in the U.S., even as Ford's CEO publicly admires and studies Chinese EV technology while labeling it a major competitive threat.
Elon Musk has formally merged his rocket company SpaceX with artificial intelligence firm xAI, a strategic consolidation aimed at creating a vertically integrated powerhouse focused on AI and space infrastructure, according to an internal memo obtained by Business Insider.
T-Mobile, the telecommunications giant headquartered in Washington, has filed official notice of permanent layoffs affecting nearly 400 employees across its Bellevue, Bothell, and Woodinville offices, citing evolving business needs.
The United States and India have reached a trade agreement that will significantly lower reciprocal tariffs and remove a contentious levy on Russian oil purchases, marking a potential thaw in economic relations.
Venezuela enacts its most significant oil reform in nearly 50 years, dismantling core socialist tenets to attract foreign capital. While promising a production boost, the new hybrid system raises questions about transparency, U.S. influence, and whether it offers enough to lure back wary investors.
Amid global economic uncertainty, investors are turning to Asian dividend-paying companies for portfolio resilience. We examine three high-yield stocks from South Korea and Hong Kong, weighing their income potential against underlying risks.
Amidst a backdrop of economic crosscurrents, savvy investors are tracking insider moves within Asia's small-cap sector for clues on potential value. We examine three companies where recent executive share purchases signal confidence against the odds.
Elon Musk has consolidated his AI venture, xAI, into SpaceX, creating a unified entity to pursue the audacious goal of deploying a million-satellite constellation that will function as solar-powered data centers in space, addressing the surging energy demands of artificial intelligence.
Newly unsealed documents from the Jeffrey Epstein case include a forwarded email detailing the 2019 uproar over Coinbase's acquisition of Neutrino, underscoring the late financier's apparent interest in crypto industry crises and their intersection with power.
Record global investments in wind, solar, and EVs are paradoxically driving a surge in demand for coal, oil, and gas, as the production of essential materials like cement and steel remains locked into hydrocarbon-based economies, primarily in Asia.
Amazon will phase out its Amazon One palm recognition service across all U.S. retail locations by mid-2026, citing low adoption. The move signals a strategic pullback from in-store biometrics amid privacy debates and a broader refocusing of its physical store strategy.
In a landmark shift, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling decades of state control. The move aims to revive production but faces deep-seated risks and questions over who will truly benefit.
