Business

Amazon will levy a 3.5% fuel surcharge on FBA sellers starting April 17 due to Iran’s Strait of Hormuz shipping disruptions. The 'temporary' policy echoes 2022’s Ukraine-war surcharges, raising costs for 2.5M+ third-party merchants reliant on Fulfillment by Amazon.

Senators Mark Warner and Adam Schiff have sent a formal letter to the SEC and Pentagon inspector general demanding an investigation into potential insider trading by federal officials. The probe follows reports of suspicious stock trades linked to major policy announcements, including the Iran confl

Over 1 in 5 Americans over 50 lack retirement savings, driving a surge in 'unretirement' as seniors return to work. Gig platforms like Uber and Rover offer flexibility, but come with financial risks and no safety net.

United Airlines increased checked bag fees by $10, effective April 3, as jet fuel prices soar over 80% since late February. The move follows JetBlue’s fee hike and mirrors industry-wide cost pressures affecting travelers.

Blue Owl Capital’s $6B tech fund saw redemption requests spike to 41% in Q1, forcing the firm to cap withdrawals at 5%. The $2T private credit sector, already under scrutiny for opacity and AI-related risks, faces a potential liquidity crisis as major players scramble to manage investor panic.

President Trump signed an executive order imposing 100% tariffs on imported patented pharmaceuticals and active ingredients, citing national security risks. The move aims to reduce U.S. reliance on foreign production amidst rising geopolitical tensions.

Global oil prices surged 11% in a single day after President Donald Trump’s address on Iran offered no clear exit strategy, rattling markets worldwide. Asian equities rebounded Friday alongside Wall Street, but analysts warn of persistent volatility without a diplomatic resolution.

Leading researchers reveal that quantum computers may soon crack widely used encryption standards, threatening global cybersecurity. Two new studies challenge previous timelines, suggesting risks emerge within this decade.

Iran’s B1 bridge was destroyed in airstrikes killing 8 and injuring 95 during a public celebration. Oil prices surged nearly 12% as Trump warned of weeks-long strikes and threatened Iran’s energy infrastructure. The UN Security Council votes Friday on a watered-down plan to secure the Strait of Horm

Tesla delivered 358,023 EVs in Q1 2026, just 6% higher than a year ago, as cheaper Model 3 and Model Y variants flop. Analysts expected 368,000 units, while production outpaced sales by 50,000 vehicles.

Starbucks will award baristas and shift supervisors up to $300 in quarterly bonuses starting this summer, part of a broader effort to improve employee retention and customer service under CEO Brian Niccol’s 'Back to Starbucks' turnaround plan.

U.S. gas prices hit $4 a gallon for the first time since 2022 as rising oil costs from geopolitical tensions push fuel prices higher. Drivers face unpredictable swings at the pump driven by forces far beyond any single station’s control.

Dubai’s tourism sector, which welcomed 19.59 million visitors in 2023, is reeling from a 70-80% drop in revenue after Iran’s strikes on the UAE triggered a regional travel crisis. Restaurants, hotels, and airlines face mass layoffs and closures as air traffic grinds to a halt.

The FDA greenlit Eli Lilly’s oral obesity pill Foundayo on Wednesday, marking a new phase in the GLP-1 drug wars. The approval pits Foundayo against Novo Nordisk’s Wegovy pill in a high-stakes race to dominate the booming $50B weight-loss market as demand for non-injectable treatments surges.

U.S. stocks fell Thursday as geopolitical tensions with Iran escalated, with the Dow Jones down 0.13% while Tesla and Coinbase shares declined amid weak deliveries and regulatory developments. Oil prices surged past $110 per barrel amid supply concerns.

New York City is bringing back roadway outdoor dining in 2026 with fewer than 500 setups, a fraction of the 8,000 during the pandemic. Officials aim to expand the program year-round amid calls to slash red tape and revive struggling small restaurants.

Local news in The Villages, Florida uncovers the bizarre trend of loofahs adorning golf carts and cars, sparking viral curiosity and unexpected interviews. The story blends humor, local culture, and generational quirks in a segment that’s captivated audiences nationwide.

Oracle confirmed layoffs affecting at least 1,021 workers across Washington and Missouri, with internal reports suggesting up to 10,000 cuts. Employees allege AI-driven restructuring is accelerating job losses in tech, while Oracle’s $2.1B cost-cutting plan fuels industry-wide concerns about automat

Google’s Quantum AI team reveals Bitcoin’s Taproot may lower the qubit threshold needed for quantum attacks to under 500K, accelerating timelines for post-quantum cryptography migration. OpenAI secures a record $122B valuation while crypto networks diverge on quantum defenses.

From Fortnite’s rideable llamas to T-Mobile’s phone-scented cologne, major brands in 2026 leaned into AI and surreal humor for April Fools’ Day pranks. These jokes highlight how technology and creativity collide in an era where truth and fiction blur.

Global stock markets rallied Wednesday as oil prices dipped toward $100 per barrel, fueled by optimism that the Iran war may end soon. The S&P 500 rose 0.7%, extending gains from Tuesday, while major indices in Europe and Asia saw even steeper climbs. Investors remain cautious amid mixed signals and

The Hershey Company announced Tuesday it will revert Reese's-branded candies to their original recipes by 2027 following widespread criticism over ingredient substitutions. Citing brand legacy and consumer outrage, Hershey acknowledged the move after Brad Reese, grandson of the Peanut Butter Cups in

Amazon’s Big Spring Sale ended March 31, 2025, but over 50 deals under $25 remain live. From tech and home essentials to kitchen tools and gaming, these discounted finds offer lasting value.

Tesla has officially ended production of its Model S and Model X after 14 years, with only ~600 units left in global inventory. CEO Elon Musk called it an 'honorable discharge,' signaling a strategic pivot toward autonomy and humanoid robots.