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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.
Business

Elon Musk Sues OpenAI Over Nonprofit Breach in Trial Day 3

Elon Musk’s lawsuit against OpenAI enters its third day, focusing on alleged breach of nonprofit obligations by transitioning to for-profit status. Musk claims OpenAI misused his $38M donation for commercial gains, while the court assesses liability and remedies in a case with broader implications for AI governance and nonprofit accountability.
Business

Elon Musk Sues OpenAI Over Mission Shift and Breach Claims

Elon Musk sues OpenAI over alleged mission shift to profit-driven operations, demanding $150B in damages and leadership removal. OpenAI disputes claims, citing competition concerns and legal standing challenges.
Business

Elon Musk Sues OpenAI Over Mission Shift, Demands Altman’s Ouster

Elon Musk sues OpenAI over mission shift, demanding Sam Altman’s ouster and reversing a 2018 for-profit conversion. The case pits Musk’s claims of breached nonprofit principles against OpenAI’s defense of its hybrid structure, with far-reaching implications for AI governance and corporate accountability.
Business

Robinhood stock drops 8% after earnings miss linked to crypto revenue decline

Robinhood’s stock plunged 8% after missing Q1 2026 earnings, driven by a 47% drop in crypto revenue. CEO Vlad Tenev highlighted a strategic pivot to financial infrastructure, but analysts remain skeptical about sustaining growth amid crypto market volatility.
Business

China Blocks Meta’s Manus Acquisition Over Tech Leaks

China blocks Meta's $2B Manus acquisition over tech leakage fears, citing national security concerns ahead of Trump-Xi summit, complicating Meta's AI strategy and intensifying cross-border tech deal scrutiny.
Business

China Blocks Meta’s $2B AI Startup Acquisition

China halts Meta's $2B bid to acquire Singapore-based AI startup Manus, citing tech transfer and data security risks. The move, timed ahead of Trump's Beijing visit, underscores U.S.-China tech rivalry and regulatory tensions over AI control.
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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

David Lammy Presses JD Vance on Migration Concerns After Henry Nowak’s Murder

British Deputy PM David Lammy directly rebuked U.S. Vice President JD Vance, denying a link between migrant influx and Henry Nowak’s murder, as the case sparked transatlantic tensions. Lammy defended Britain’s justice system and rejected Vance’s claims, while the Nowak family urged against politicizing their son’s death.
Business

Crypto Markets Bleed in a Massive Drop Since FTX

Crypto markets plunged $390B, marking the worst weekly drop since FTX, as AI gains and macro shocks drive selloff. Bitcoin and Ether hit 17.3% and 22% declines, with corporate Bitcoin sales and ETF outflows amplifying the downturn.
Business

Two Roads to a Trillion: Anthropic and OpenAI Sprint to IPO With Opposite Strategies

Anthropic's efficiency-driven AI strategy, fueled by $47B annual revenue and $559M Q2 profit, positions it ahead of OpenAI's projected $14B loss in 2026, as the firm races to IPO before its rival. The race highlights a clash between capital-heavy scaling and cost-conscious innovation in the AI sector.
World

Deal on Paper, Death in Practice: 6,000 Oleshky Civilians Starving as Evacuation Goes Nowhere

Starvation grips Oleshky, where 6,000 civilians face famine as a stalled evacuation deal leaves them trapped. Russia’s blockade, drone strikes, and denied aid have turned the city into a death trap, with over 300 deaths reported. Volunteer efforts and international appeals highlight a worsening humanitarian crisis.