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Over 100,000 Entergy customers in New Orleans and surrounding areas experienced a power outage Sunday afternoon due to a "load shed" initiated by the grid operator, MISO, to prevent a larger blackout. The outage, impacti…
Elon Musk is stepping back from his government advisory role with the DOGE office to concentrate on Tesla, SpaceX, and xAI. This decision follows criticism from marketing professor Scott Galloway, who attributed Tesla's …
Bitcoin's price has pulled back, encountering resistance near $108,300 and support between $106,700 and $107,000. A brief surge to $107,671 was followed by a sharp reversal. Technical analysis indicates Bitcoin is in a c…
A $150,000 Powerball ticket was sold at Lucky Choice in Columbus, Ohio. The ticket matched four numbers, the Powerball, and the PowerPlay multiplier. The winning numbers were 12, 18, 28, 48, 52, and the Powerball was 5. …
Sergey Brin donated nearly $700 million in Alphabet Inc. shares to three philanthropic organizations. The largest recipient was Catalyst4, a nonprofit Brin founded focusing on central nervous system disease research and …
Boeing will avoid prosecution in a US Justice Department deal over two 737 MAX crashes that killed 346 people in 2018 and 2019. The deal involves Boeing admitting to obstructing federal aviation officials and paying $1.1…
McDonald's is shutting down its CosMc's spinoff, five alien-themed locations, after just two years. Launched in 2023 to compete with specialty beverage chains, CosMc's offered customizable drinks and snacks but failed to…
President Trump announced a "planned partnership" between U.S. Steel and Nippon Steel, seemingly approving a deal previously blocked. While details remain unclear, the agreement will keep U.S. Steel's headquarters in Pit…
Four partners – Karen Dunn, Jeannie Rhee, Bill Isaacson, and Jessica Phillips – have resigned from Paul Weiss Rifkind Wharton & Garrison to establish their own firm. Their departure follows Paul Weiss's controversial dea…
BMW unveiled the Concept Speedtop, a limited-production wagon, at the 2025 Concorso d'Eleganza Villa d'Este. Building on last year's Skytop concept, the Speedtop boasts a powerful V8 engine (likely the 617-hp 4.4-liter t…
The Justice Department has reached a deal with Boeing to avoid criminal prosecution for misleading regulators about the 737 Max, which crashed twice killing 346 people. Boeing will pay over $1.1 billion, including $445 m…
President Trump threatened Apple and other smartphone manufacturers with at least a 25% tariff on iPhones and similar devices sold in the US unless production shifts to the US. This follows reports of Apple's plans to in…
Booz Allen Hamilton, a major US government consultant, announced 2,500 layoffs and lower-than-expected profits due to President Trump's administration cost-cutting measures. The company's non-defense work will shrink sig…
Fintech startup Monarch secured $75 million in Series B funding, valuing the company at $850 million. This follows a significant subscriber surge after Mint's shutdown. The funding round, led by Forerunner Ventures and F…
RedBird Capital, a US firm, has agreed to acquire the Daily and Sunday Telegraph newspapers from Lloyds Bank. This follows a two-year ownership void after the Barclay family defaulted on debts. An earlier bid involving R…
Concerns are rising about US public finances due to Trump's tax bill and trade war, prompting investors to diversify their bond portfolios. The US's growing deficit and the weakening dollar are eroding the appeal of US d…
YouTube has hired former ESPN executive Justin Connolly as its global head of sports and media. Disney, Connolly's previous employer, is suing YouTube, alleging Connolly breached his contract while negotiating key distri…
Bitcoin surged to a new all-time high of $110,788.98 on May 21st, a 3% increase in 24 hours. This surpasses its previous high from January and marks a 17.5% year-to-date gain. While Google Trends shows declining retail i…
Honeywell is acquiring Johnson Matthey's catalyst technologies arm for £1.8 billion. Investor Steven Wood failed in his bid for a Swatch Group board seat. Jony Ive's AI startup, io, was acquired by OpenAI for $6.4 billio…
Rising U.S. debt, projected to increase by $3 trillion to $5 trillion due to President Trump's tax bill, is causing a market sell-off. Increased Treasury yields, reaching 5% for the 30-year bond, are impacting stock pric…
Bitcoin surged to a record high of over $111,000 on Thursday, driven by positive momentum, optimism surrounding US crypto regulation, and institutional investment. This rise contrasts with a drop in US stock markets, sug…
Marks & Spencer's website is back online after a several-hour outage. The website had been inaccessible for browsing for several hours, adding to ongoing disruptions caused by a recent cyberattack. The attack, which occu…
Nike will raise prices on some products starting June 1st, citing "seasonal planning." Increases will affect shoes and clothing costing over $100, with hikes ranging from $2 to $10. While Nike didn't explicitly mention U…
Google's I/O conference showcased numerous AI-powered innovations, bolstering investor confidence. New features include an expanded AI Mode chatbot, Deep Search with cited reports, Search Live using phone cameras, and ne…
The Senate unanimously passed the No Tax on Tips Act, fulfilling a campaign promise by both President Trump and Vice President Harris. This act, slated for inclusion in the "One, Big, Beautiful" budget bill, would exempt…