Business
Latest business news, refreshed every 30 minutes.

Marty Makary, Trump’s F.D.A. Commissioner, Resigns After Weeks of Pressure
The agency’s top food official will step in to the role after Dr. Makary privately said he opposed the administration decision to approve flavored vapes.
NYT > Business · about 2 hours ago

Tomato Prices Soar as War, Tariffs and Weather Affect a Popular Crop
Tomato prices surged nearly 40 percent in April, the Consumer Price Index showed.
NYT > Business · about 2 hours ago

Elon Musk said control of OpenAI should go to his children, Sam Altman tells jury
Sam Altman said Elon Musk tried many times for total control of OpenAI, which he's now suing.
BBC News · about 2 hours ago

US inflation jumps to 3.8% as energy costs surge from Iran war
The key measure of US inflation rises its highest level since May 2023 as consumers feel the impact of the Iran war.
BBC News · about 2 hours ago

EBay, the Old-School E-Commerce Site, Finds Its Place in Modern Retail
The online marketplace has remade itself by focusing on collectibles and other high-end goods — and attracted an unwelcome takeover bid from GameStop.
NYT > Business · about 2 hours ago

UK borrowing costs jump as uncertainty over PM's future continues
The possibility of a change of leadership in the UK has unsettled some investors and sent bond yields higher.
BBC News · about 4 hours ago

Joni Lamb, Whose Christian TV Station Went Global, Dies at 65
She and her husband, Marcus Lamb, founded Daystar Television Network, which reached more than 200 countries and made the couple into televangelism stars.
NYT > Business · about 4 hours ago

EBay Rejects GameStop’s $55 Billion Takeover Bid
The online marketplace called the cash-and-stock proposal “neither credible nor attractive.”
NYT > Business · about 5 hours ago

How Much Power Did Microsoft Have Over OpenAI?
The technology giant’s chief executive faced a grilling in court over whether it exerted too much control over what was meant to be an A.I. nonprofit.
NYT > Business · about 5 hours ago

CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran
The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
NYT > Business · about 6 hours ago
What to know about the report.
NYT > Business · about 6 hours ago

UK Bond Yields Rise With Starmer’s Future as Prime Minister in Doubt
The yields on British debt pushed higher as the country’s prime minister, Keir Starmer, confronted a rebellion from members of his party.
NYT > Business · about 6 hours ago

eBay rejects $55.5bn offer from GameStop
The online auction giant said it doubted how the video game retailer would finance its offer.
BBC News · about 6 hours ago

Water firm fined after customers' details hacked
The hack went undetected by the Staffordshire firm for 20 months, regulator says.
BBC News · about 9 hours ago
The Iran War Is Taking the Color Out of Japan’s Best-Known Snack Bags
The food giant Calbee said shortages of naphtha, a crude-oil derivative used in inks, were forcing it to switch to black-and-white packaging for its salty products.
NYT > Business · about 10 hours ago

Texas accuses Netflix of spying on users, including children
The lawsuit comes amid increased scrutiny over platform features like auto-play that deliver endless content to users.
BBC News · about 10 hours ago

China should stop hoarding food and fertiliser, says former World Bank chief
David Malpass also said that Beijing's claim to be a developing nation was no longer credible.
BBC News · about 12 hours ago

Snack giant switches to black and white packaging as Iran war hits ink supplies
The effective closure of the Strait of Hormuz has severely disrupted global supplies of energy and petrochemicals.
BBC News · about 13 hours ago

Not so dusty: How tech is changing woodworking
Woodworking shops have been transformed by tech to make tools safer and more precise.
BBC News · about 21 hours ago

How driving test booking is changing for learner drivers
From 12 May, only learner drivers can book their own tests, not instructors.
BBC News · about 21 hours ago