Business- Page 5

Elon Musk’s SpaceX is preparing for what could become the largest initial public offering in history, reportedly targeting a valuation exceeding $2 trillion, according to Bloomberg sources familiar with the matter The

The United States has announced major new tariffs on imported medicines, marking a significant escalation in trade policy and a big attempt to change the pharmaceutical industry. Trump’s executive order introduces tariffs

Nike’s ambitious turnaround strategy under returning CEO Elliott Hill is facing its most severe test yet, after disappointing Q3 2026 results that sent shares dropping toward 11-year lows. While the company surpassed

Wall Street recorded its biggest daily advance in almost a year after U.S. President Donald Trump said the war against Iran could end within two to three weeks, a message that markets

OpenAI has secured a staggering $122 billion in fresh funding, marking one of the largest capital raises in the history of the technology sector and pushing the company’s valuation to around $852

Global oil prices surged on Monday, with Brent crude oil climbing more than 3% and approaching the $120-per-barrel mark, as fears grow of a prolonged supply disruption driven by escalating conflict in

Netflix has announced a new round of subscription price increases, affecting all of its major plans. The move marks another adjustment in the company’s pricing strategy, continuing a trend of gradual increases

In a move that surprised both the tech world and Hollywood, OpenAI has officially announced the shutdown of its high-profile video-generation app, Sora. The decision comes just months after the standalone app’s

Meta has been ordered to pay $375 million in civil penalties after a New Mexico jury found that the company misled users about the safety of its platforms and violated the state’s

Tech billionaire Elon Musk has announced an ambitious new project dubbed “Terafab,” a massive semiconductor facility he says could become the largest chip manufacturing complex in the world. The proposed project comes

The global economy is edging toward a new energy storm, one that analysts say could surpass the severity of the crises that shook the world in the 1970s. As tensions surrounding Iran

Oil prices reached a new high this morning following the escalation of the conflict with Iran. A barrel of Brent crude briefly climbed to $118.74 around 9:30 a.m., marking its highest level