Stablecoin giant Circle reveals revenue growth in US IPO filing
USD Coin issuer Circle Internet Group is trying for a second time to get listed on the New York Stock Exchange after disclosing significant revenue growth.
British Steel warns of 2,700 job losses from blast furnace closures
The struggling British Steel said it could close its blast furnaces as soon as June with the potential loss of up to 2,700 jobs due in part to tariffs and environmental costs.
District judge sets trial date in Boeing 737 MAX fraud case
District Judge Reed O'Connor has set a June 23 trial date in a criminal fraud case against Boeing over its alleged misrepresentations to regulators about the 737 MAX.
Bayer ordered to pay $2.1B in latest Roundup weedkiller loss
Bayer was ordered by a Georgia jury to pay about $2.1 billion to a plaintiff who claims Roundup weed killer caused his cancer. Bayer said it would appeal the verdict.
BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.
EV maker Lucid says CEO stepping down, company expects to more than double vehicle production this year
Electric-vehicle maker Lucid Group said on Tuesday that CEO Peter Rawlinson is stepping down. Lucid forecast its vehicle production will more than double this year.
Spirit Airlines rejects another Frontier Airlines acquisition worth $2.16B
Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the years since the companies began discussing a merger.
Nokia picks Intel's AI and data center leader Justin Hotard as new CEO
Justin Hotard will replaced Pekka Lundmark as CEO of Finnish telecoms company Nokia on April 1. Hotard is currently the EVP and general manager of Data Center & AI Group at Intel.
FAA to slow arrivals at Reagan National Airport to reduce risks after crash
The FAA plans to reduce flight arrivals at Ronald Reagan Washington National Airport after a deadly collision between a military helicopter and a passenger jet.
Honeywell to split in three after pressure from activist investor
Honeywell said it will split into three companies. The aerospace giant said it will separate its aerospace, automation and advanced materials units into distinct entities in 2026.
US trade deficit hits record that will be a Trump target
President Donald Trump's mission to close the U.S. trade deficit met a greater challenge as America's trade deficit in goods soared to a record $1.2 trillion in 2024.
Trump launching US sovereign wealth fund: What to know
President Donald Trump signed an executive order directing the Treasury and Commerce departments to set up a sovereign wealth fund. Here's what that means.
US reportedly investigating whether China's DeepSeek used restricted AI chips
The Commerce Department has launched a probe into whether Chinese artificial intelligence startup DeepSeek obtained restricted Nvidia chips through Singapore, reports say.
Alibaba touts new AI model it says rivals DeepSeek, OpenAI, Meta's top offerings
Alibaba says the latest version of its Qwen 2.5 artificial intelligence model can take on fellow Chinese firm DeepSeek's V3 as well as the top models from U.S. rivals OpenAI and Meta.
Facebook owner investing up to $65 billion toward AI in 2025
Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts.
Costco shareholders reject anti-DEI measure
Costco's shareholders overwhelmingly rejected a proposal that called for assessing the risk of keeping its diversity, equity and inclusion (DEI) programs in place.
TikTok planning to shut down in US on Sunday: reports
TikTok is readying plans to shut down its operations in the U.S. on Sunday as required by a law passed by Congress last year, according to multiple reports.
Capital One sued by CFPB for allegedly cheating customers out of $2 billion
The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion by misleading them.
California utility company accused of starting LA fire in multiple lawsuits
Southern California Edison, a division of Edison International, has been hit with multiple lawsuits accusing the utility of starting one of the fires burning near Los Angeles.
Bezos' Blue Origin postpones debut New Glenn launch over last minute issue
Jeff Bezos' Blue Origin postponed the launch of its New Glenn rocket during the mission countdown on Monday “to troubleshoot a vehicle subsystem issue."