Latest Business News & Archive

BP And ConocoPhillips Are Pouring Billions Into Iraq. The Bigger Goal Is Reducing Iran's Energy Influence.

ConocoPhillips has agreed to acquire a 42% stake in BP Energy Company of Kirkuk Limited, expanding its footprint in northern Iraq at a time when the United States and Iraq are working to strengthen energy ties and reduce the region's dependence on routes vulnerable to disruption.

SpaceX's Stock Has Fallen Below Its IPO Price. Now It Has 'Dampened the Mood' For Other IPOs

Shares of Elon Musk's rocket and satellite company traded near $126 on Friday, about 7% below their $135 IPO price and more than 40% below their all-time intraday high of $225.64.

Wison New Energies Signs EPCIC Contract for Baleine Phase 3 FPSO, Marking Milestone in Its Floating Production Push

As FPSOs become an increasingly important solution for offshore resource development, Wison has built the integrated EPCIC capabilities and in-house fabrication capacity needed to participate in this evolving sector.

Wall Street Couldn't Stop Buying Nvidia. Now Apple Is Worth More As AI Bets Shift And Chipmakers Fall

Apple's market capitalization reached approximately $4.88 trillion on Friday, edging past Nvidia's $4.86 trillion after the AI chipmaker's shares fell 3.5%.

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PayPal's Board Thinks Stripe And Advent's $53 Billion Offer Is Too Low. The Rejection Could Set The Stage For A Bigger Bid.

PayPal's board believes the $53 billion takeover proposal from Stripe and Advent International does not adequately value the payments giant.

Merin Rebecca Thomas Jul 17, 2026

SpaceX Stocks Were Already Under Pressure. Then The Company Aborted a Starship Test Flight

SpaceX aborted the launch of its Starship rocket on Friday shortly before the expected time.

Demian Bio Jul 17, 2026

Trump's Publications Can Move Markets. His Media Venture Is Launches a Paid Feed Traders

Trump Media & Technology Group is launching a paid data service that will give institutional clients real-time access to posts published on Truth Social, a move designed to capitalize on the market-moving power of President Donald Trump's social media activity.

Matias Civita Jul 17, 2026

Oil Producers Are Trying to Leave the Strait of Hormuz Behind. Iran Has Other Plans.

Governments across the Gulf are accelerating pipeline construction after Iran and its regional allies intensified attacks on commercial shipping, but experts say pipelines remain exposed to military strikes from Tehran.

Matias Civita Jul 17, 2026

From the Jersey Shore to a National Platform: How Suite Capacity Is Expanding Across the United States

Suite Capacity is one of the larger short-term rental operators on the New Jersey coast, managing more than 70 units from Asbury Park to Cape May along with two boutique hotel properties being brought into the same system.

Ibukun Keyamo Jul 16, 2026

Jamie Dimon's JPMorgan Is Closing In on a Historic Milestone. The World's First $1 Trillion Bank

JPMorgan Chase is on the verge of making financial history as the first bank ever to reach a $1 trillion market valuation.

Matias Civita Jul 16, 2026

Eli Lilly Changed Depression Care With Prozac. Now It's Betting on Psychedelics with AtaiBeckley Acquisition

Eli Lilly is making its biggest move yet into the rapidly evolving field of psychedelic medicine, acquiring clinical-stage biotechnology company AtaiBeckley in a deal valued at up to $3.8 billion.

Matias Civita Jul 16, 2026

How Oleh Halat Is Shaping the Next Generation of AI-Powered Commerce

AI strategist Oleh Halat is helping shape the future of AI-powered commerce by integrating intelligent systems into real-world business operations. His work focuses on agentic commerce, conversational search and AI strategies that deliver measurable business value.

Carl Williams Jul 16, 2026

Anthropic Is Moving Toward a Mega-IPO. Then It Could Reshape the AI Investment Race.

Bankers leading Anthropic's IPO preparations have started arranging meetings with institutional investors to gauge demand before a formal roadshow and eventual share sale.

Matias Civita Jul 15, 2026

Alon Zaibert Is the Reason That the Best B2B Sales Teams Are Replacing Opportunity Chasing with Relationship Building

In many B2B companies, the account review has become a ritual of reassurance, where scheduled renewals, steady responsiveness, and a passable dashboard can make a relationship appear sturdier than it is.

Will Jones Jul 15, 2026

The Numbers Behind Pavan Agarwal's Case That Fair Lending Can Actually Scale

Sun West has facilitated more than $38 billion in consumer finance through its AI platform AngelAi®, across more than 210,000 transactions. The platform now serves more than 394,000 registered users and operates in over 100 languages.

Matt Emma Jul 15, 2026

Another Housing Market Obstacle Just Got Steeper. Mortgage Rates Near One-Year High.

The average interest rate for a 30-year fixed-rate mortgage increased to 6.65% last week, the highest level since August 2025.

Matias Civita Jul 15, 2026

7 Must-Have Webflow Apps to Turn a Website into a Revenue Engine

Discover seven essential Webflow apps that transform any site into a revenue engine. Our live chat pick: Text, the AI customer service platform that captures buying signals already hiding in your support queue.

David Thompson Jul 15, 2026

Stripe Wants To Buy PayPal In A $53 Billion Deal, Sending Its Shares Soaring.

PayPal shares surged Wednesday after Stripe and private equity firm Advent International submitted a joint offer worth more than $53 billion for the company that helped bring digital payments into mainstream online commerce.

Merin Rebecca Thomas Jul 15, 2026

Anthropic Has Warned AI Could End Civilization. Now They're Hiring People to Prevent Exactly That.

The roles include enforcement analysts specializing in radiological and nuclear harm, chemicals and explosives, cybercrime, financial scams, and other high-risk areas.

Matias Civita Jul 15, 2026

The U.S. Approved the Export of AI Chips to China. Now A Top Trade Official Says 'Very Few' Made It.

Commerce Department official Jeffery Kessler told lawmakers that shipments of Nvidia's H200 processors have remained minimal despite export licenses being issued earlier this year.

Matias Civita Jul 15, 2026

Tensions Have Flared Up Around Hormuz Again. Now Iran is Signaling that A Key Red Sea Gateway Could Be Next

Mohammed al-Farah, a member of the political bureau of the Houthi movement, said Yemen's armed forces were prepared to close the Bab el-Mandeb Strait if Saudi Arabia continued military operations against Yemen.

Matias Civita Jul 15, 2026

U.S. Workers Are Becoming More Productive Than Ever. Economists Say AI Isn't the Main Reason Yet

American workers are producing more output than in recent decades, but economists say artificial intelligence is not yet the primary driver of the surge.

Matias Civita Jul 15, 2026

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BP And ConocoPhillips Are Pouring Billions Into Iraq. The Bigger Goal Is Reducing Iran's Energy Influence.

SpaceX's Stock Has Fallen Below Its IPO Price. Now It Has 'Dampened the Mood' For Other IPOs

Wison New Energies Signs EPCIC Contract for Baleine Phase 3 FPSO, Marking Milestone in Its Floating Production Push

Wall Street Couldn't Stop Buying Nvidia. Now Apple Is Worth More As AI Bets Shift And Chipmakers Fall

Jefferson Davydd on Why Growth Sports Properties Are the Next Great Asset Class

Aer Lingus Is Cutting Four U.S. Routes. Hundreds Of Jobs Could Be Affected.

Shein Once Chased a $100 Billion IPO. Now It's Preparing to Go Public at Half That Value

CDC Linked Taco Bell's Cyclospora Outbreak to a Lettuce Supplier. More Than 1,600 People Have Been Affected.

PayPal's Board Thinks Stripe And Advent's $53 Billion Offer Is Too Low. The Rejection Could Set The Stage For A Bigger Bid.

SpaceX Stocks Were Already Under Pressure. Then The Company Aborted a Starship Test Flight

Trump's Publications Can Move Markets. His Media Venture Is Launches a Paid Feed Traders

Oil Producers Are Trying to Leave the Strait of Hormuz Behind. Iran Has Other Plans.

From the Jersey Shore to a National Platform: How Suite Capacity Is Expanding Across the United States

Jamie Dimon's JPMorgan Is Closing In on a Historic Milestone. The World's First $1 Trillion Bank

Eli Lilly Changed Depression Care With Prozac. Now It's Betting on Psychedelics with AtaiBeckley Acquisition

How Oleh Halat Is Shaping the Next Generation of AI-Powered Commerce

Anthropic Is Moving Toward a Mega-IPO. Then It Could Reshape the AI Investment Race.

Alon Zaibert Is the Reason That the Best B2B Sales Teams Are Replacing Opportunity Chasing with Relationship Building

The Numbers Behind Pavan Agarwal's Case That Fair Lending Can Actually Scale

Another Housing Market Obstacle Just Got Steeper. Mortgage Rates Near One-Year High.

7 Must-Have Webflow Apps to Turn a Website into a Revenue Engine

Stripe Wants To Buy PayPal In A $53 Billion Deal, Sending Its Shares Soaring.

Anthropic Has Warned AI Could End Civilization. Now They're Hiring People to Prevent Exactly That.

The U.S. Approved the Export of AI Chips to China. Now A Top Trade Official Says 'Very Few' Made It.

Tensions Have Flared Up Around Hormuz Again. Now Iran is Signaling that A Key Red Sea Gateway Could Be Next

U.S. Workers Are Becoming More Productive Than Ever. Economists Say AI Isn't the Main Reason Yet

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IBT Spotlight

Florida Man Accused Of Hiding Crypto-Stealing Malware In Steam Games. Federal Agents Say Thousands Of Devices Were Infected.

The Great Wealth Transfer Has Been Pegged at $105 Trillion. One Study Says That's an Overestimation

BP And ConocoPhillips Are Pouring Billions Into Iraq. The Bigger Goal Is Reducing Iran's Energy Influence.

Meta May Have Found A New AI Business. Anthropic Is Reportedly Considering Paying Up To $10 Billion For Computing Power.

Short Sellers Target SpaceX Stock While Its Investment-Grade Debt Trades Like Junk Bonds

SpaceX's Stock Has Fallen Below Its IPO Price. Now It Has 'Dampened the Mood' For Other IPOs