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Sam Altman Testifies Musk Proposed OpenAI Control to His Children

Sam Altman testified Elon Musk proposed giving his children control of OpenAI posthumously, sparking legal battles over corporate governance. A court denied Musk’s bid to block restructuring, citing insufficient evidence of harm.
Business

Palantir’s UK Head Louis Mosley Manages Public Sector Contracts Amid Public Distrust

Palantir’s UK head Louis Mosley faces mounting public distrust as his £330m NHS contract clashes with concerns over data privacy and ties to authoritarian histories. Critics warn his political past and the company’s ties to ICE and Israeli military clients risk eroding trust in AI-driven governance.
Business

Pakistan’s Gulf Remittances Face Potential Drop, Straining Families and Economy

Pakistan's Gulf remittances face a potential 15% drop, risking $3-4 billion in annual losses and straining families reliant on foreign earnings. Economic and human tolls loom as geopolitical tensions disrupt labor markets, forcing policymakers to seek diversification amid uncertain prospects.
Business

Kalshi Raises $1 Billion, Valuation Hits $22 Billion Amid Prediction Market Growth

Kalshi raises $1B, valuing at $22B, as trading volume triples in six months. CFTC-regulated platform faces regulatory scrutiny but attracts top investors like Coatue and a16z.
Business

Former OpenAI board member testifies Elon Musk offered sperm donation

Former OpenAI board member Shivon Zilis testified in Elon Musk’s lawsuit, revealing he offered sperm donation in 2020. The case centers on governance conflicts, alleged information leaks, and Musk’s push to merge OpenAI with Tesla, raising questions about personal influence in corporate strategy.
Business

NYSE Partners Warn Synthetic Tokens Risk Misleading Retail Investors

NYSE partners warn synthetic tokens risk misleading retail investors, as the tokenization market grows. The SEC's 2025 guidance addresses regulatory gaps to prevent market manipulation and protect investors from fraud.
Business

MicroStrategy’s Saylor Proposes Bitcoin Sale to Fund Dividends

MicroStrategy's Michael Saylor proposes selling Bitcoin to fund dividends, citing cash flow concerns. The move triggered stock and Bitcoin price drops, reflecting investor uncertainty over corporate crypto strategies.
Business

Nigerian Refinery Accused of Sacking Union Members Key to UK Jet Fuel Strategy

Nigerian refinery Dangote, key to UK jet fuel imports, faces labor disputes over union dismissals. Nigerian government intervenes to redeploy workers, amid UK reliance on West African supplies amid Hormuz disruptions. Nigeria’s domestic shortages highlight supply chain paradox.
Business

Shivon Zilis’s Role as Musk’s OpenAI Liaison in Trial

Shivon Zilis, Elon Musk’s ex-spouse and OpenAI liaison, faces scrutiny in the Musk v. Altman trial over her dual role as strategic advisor and operational manager. Her influence raises questions about personal ties and corporate governance in AI development, highlighting tensions between Musk’s control and OpenAI’s mission.
Business

Cathie Wood, Cantor Fitzgerald bet on Robinhood’s resilience amid crypto slump

Despite Q1 2026 earnings misses and crypto revenue drops, Cathie Wood and Cantor Fitzgerald bet on Robinhood's resilience, citing stabilized trading volumes and new prediction markets. Analysts warn of lingering crypto risks, though diversified revenue streams may cushion the slump.
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Business brings you the latest on markets, companies, finance, and global economics. From Wall Street to emerging economies, our platform highlights key developments and connects them with broader global dynamics. Whether analyzing stock movements, mergers, or business innovation, Business provides context to help professionals, entrepreneurs, and everyday readers understand the forces driving economies.

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World

Food-Related Violence Surges as Hunger Weaponized in War Zones, Analysis Shows

Food-related violence surges in war zones, with over 21,400 attacks since 2018 targeting food systems in Gaza, Sudan, Yemen, and Syria. Women and children bear the brunt, while legal gaps hinder accountability for weaponizing hunger as a war tactic.
Science & Education

NASA selects Blue Origin for uncrewed lunar missions under Artemis and moon base initiatives

NASA has selected Blue Origin for critical roles in its Artemis lunar missions and $20 billion moon base project, awarding a $3.4 billion contract for uncrewed test flights and a $230.4 million deal for cargo deliveries. The move underscores NASA’s shift toward public-private partnerships, with Blue Origin competing against SpaceX to advance lunar exploration.
Science & Education

University of Houston Scientists Break 30-Year Superconductivity Record at Normal Pressure

University of Houston scientists achieved a 151K superconductivity breakthrough using pressure quenching, published in *PNAS*. This marks a 18K leap from prior records but falls short of room-temperature goals, highlighting progress toward practical applications in energy and tech.
World

Europe’s Early May Heatwave Shatters Records, Deaths Tied to Climate Change

Europe's May 2026 heatwave shattered records, with UK and France facing unprecedented temperatures and over a dozen deaths. Climate scientists link the extreme event to rising global temperatures, mirroring the deadly 2003 heatwave's intensity.

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