The Wall Street Journal May 22

Trump Picked Warsh to Cut Rates. Markets Are Bracing for the Opposite. - WSJ

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Category: Business
Satya Nadella is reorganizing Microsoft around AI — and changing who holds power - Business Insider
Business Insider May 22

Satya Nadella is reorganizing Microsoft around AI — and changing who holds power - Business Insider

Microsoft is reshaping its leadership for the AI era as CEO Satya Nadella pushes flatter teams, faster decision-making, ...

Category: Business
Barclays Warns of Upside Risk to Its $100 Oil Price Forecast for 2026 - Crude Oil Prices Today | OilPrice.com
OilPrice.com May 22

Barclays Warns of Upside Risk to Its $100 Oil Price Forecast for 2026 - Crude Oil Prices Today | OilPrice.com

Global oil inventories are falling rapidly, leaving prices exposed to further gains if the Strait of Hormuz disruption c...

Category: Business
QBTS, INFQ, RGTI Stocks Explode: Quantum Rally Adds Nearly $5B In Market Cap On Trump Admin’s Major Bet — But Retail Is Very Divided - Yahoo Finance
Stocktwits.com May 22

QBTS, INFQ, RGTI Stocks Explode: Quantum Rally Adds Nearly $5B In Market Cap On Trump Admin’s Major Bet — But Retail Is Very Divided - Yahoo Finance

The Donald Trump administration announced $100 million grants to Rigetti Computing, D-Wave Quantum, and Infleqtion as pa...

Category: Business
Major Studios Slam Canada For Slapping “Discriminatory Investment Obligations” on U.S. Streamers - The Hollywood Reporter
Hollywood Reporter May 22

Major Studios Slam Canada For Slapping “Discriminatory Investment Obligations” on U.S. Streamers - The Hollywood Reporter

The CRTC on Thursday ordered American digital platforms to contribute 15 percent of their Canadian revenues to subsidizi...

Category: Business
Waymo expands pause to four cities as robotaxis keep driving into floods - TechCrunch
TechCrunch May 22

Waymo expands pause to four cities as robotaxis keep driving into floods - TechCrunch

Waymo's robotaxi service is now suspended in both Atlanta and San Antonio, as the company works to stop its vehicles fro...

Category: Business
Exclusive: OpenAI’s Altman Talks to Staff About IPO Timing - The Information
The Information May 21

Exclusive: OpenAI’s Altman Talks to Staff About IPO Timing - The Information

OpenAI CEO Sam Altman suggested Wednesday that even if the company makes a filing for a public offering, it may hold off...

Category: Business
Who will benefit most from SpaceX IPO? Mostly Elon — and a few from his inner circle - TechCrunch
TechCrunch May 21

Who will benefit most from SpaceX IPO? Mostly Elon — and a few from his inner circle - TechCrunch

Elon Musk has the largest stake in SpaceX by billions of shares. The other biggest shareholders also have longstanding a...

Category: Business
Stock Market Today: Dow Up 276 Points Despite Nvidia Fall; AI, Quantum Computing Stocks Jam (Live Coverage) - Investor's Business Daily
Investor's Business Daily May 21

Stock Market Today: Dow Up 276 Points Despite Nvidia Fall; AI, Quantum Computing Stocks Jam (Live Coverage) - Investor's Business Daily

Stock Market Today: The Dow Jones index started to gain Thursday after surprise jobless claims data. Nvidia stock fell a...

Category: Business
Two men charged with creating AI-generated porn under new law targeting ‘deepfakes’ - AP News
Associated Press May 21

Two men charged with creating AI-generated porn under new law targeting ‘deepfakes’ - AP News

Federal prosecutors have charged two men with using AI to create nude videos and photos under a new law targeting deepfa...

Category: Business
Hormuz Closure Threatens Recession Rivaling 2008, Rapidan Says - bloomberg.com
Bloomberg May 21

Hormuz Closure Threatens Recession Rivaling 2008, Rapidan Says - bloomberg.com

A closure of the Strait of Hormuz through August raises the risk of an economic downturn that comes close to the scale o...

Category: Business
Zillow loses access to thousands of home listings amid bitter legal feud - Ars Technica
Ars Technica May 21

Zillow loses access to thousands of home listings amid bitter legal feud - Ars Technica

Zillow asked for a preliminary injunction as real estate industry fight heats up....

Category: Business
SpaceX, OpenAI valuations could mean they leapfrog Berkshire Hathaway on first day of trading - CNBC
CNBC May 21

SpaceX, OpenAI valuations could mean they leapfrog Berkshire Hathaway on first day of trading - CNBC

Traders on prediction market Polymarket think SpaceX, OpenAI and Anthropic on their first day of trading will surpass va...

Category: Business
How Walmart's gas price warning shapes our retail outlook — plus, Honeywell's quantum connection - CNBC
CNBC May 21

How Walmart's gas price warning shapes our retail outlook — plus, Honeywell's quantum connection - CNBC

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hou...

Category: Business
Ro Khanna blames 'clueless' boomers for Gen Z booing AI: They handed over a ‘broken economy' - Fortune
Fortune May 21

Ro Khanna blames 'clueless' boomers for Gen Z booing AI: They handed over a ‘broken economy' - Fortune

"Young people are anxious, that they're economically frustrated, and they view AI with deep anxiety and suspicion, not a...

Category: Business
Stellantis Plots $70 Billion Turnaround Leaning on US Gains - Bloomberg.com
Bloomberg May 21

Stellantis Plots $70 Billion Turnaround Leaning on US Gains - Bloomberg.com

Stellantis NV announced a major investment push focused on four core brands in a broad reset to boost profitability....

Category: Business
Cybertruck Driver Tried Using Wade Mode In A Lake, Ended Up In Jail - Jalopnik
Jalopnik May 21

Cybertruck Driver Tried Using Wade Mode In A Lake, Ended Up In Jail - Jalopnik

The Cybertruck, took on water, bricked itself, and had to be abandoned. Amongst others, the driver now faces charges for...

Category: Business
Abcnews.com May 21

Sinkhole shuts down runway at LaGuardia International Airport - ABC News - Breaking News, Latest News and Videos

...

Category: Business
Walmart plans price cuts using tariff refunds as shoppers get skittish - NPR
NPR May 21

Walmart plans price cuts using tariff refunds as shoppers get skittish - NPR

Now that the U.S. government must refund most tariffs, Walmart says it might put its refund money toward lowering store ...

Category: Business
Aaa.com May 21

Memorial Day Weekend Gas Prices Reach Four-Year Highs - AAA Gas Prices

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Category: Business
Lilly’s triple-G drug helps patients lose roughly a quarter of weight, showcasing competitive profile - Fierce Biotech
FierceBiotech May 21

Lilly’s triple-G drug helps patients lose roughly a quarter of weight, showcasing competitive profile - Fierce Biotech

As Eli Lilly looks to hold its lead in the lucrative obesity market, the company’s next-gen prospect, the triple-G dru...

Category: Business
What Did the Elon Musk vs. Sam Altman Trial Really Reveal? - The Ringer
The Ringer May 21

What Did the Elon Musk vs. Sam Altman Trial Really Reveal? - The Ringer

The jury’s ruling was directionally very bad for Musk, but plenty from his case against Altman and OpenAI will endure....

Category: Business
JPMorgan’s Jamie Dimon has blunt message for ‘ideologue’ Mamdani: ‘I don’t care what he says’ - New York Post
New York Post May 21

JPMorgan’s Jamie Dimon has blunt message for ‘ideologue’ Mamdani: ‘I don’t care what he says’ - New York Post

JPMorgan Chase CEO Jamie Dimon cautioned Mayor Zohran Mamdani about his hard-left vision for the Big Apple, warning the ...

Category: Business
Oil prices fall more than 6% as Trump says Iran negotiations in final stages - Fox News
Fox News May 21

Oil prices fall more than 6% as Trump says Iran negotiations in final stages - Fox News

Iran is reviewing the latest peace proposal from President Donald Trump on Thursday as he warns more military action is ...

Category: Business
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