Finance & Business News

New tanker orders spike as Iran war redraws trade routes - Semafor

The $20 billion buying spree comes as buyers turn to crude oil prodiced in the Americas, which must be shipped via long transoceanic voyages.

AI safety debate meets reality at Dreamforce as business leaders say last year's models are enough - CNBC

At Salesforce's annual mega-conference in San Francisco, attendees said they get enough value from older AI models.

Amtrak has plans for ISFA, White Sox parking lots - soxmachine.com

Amtrak released new designs of its planned maintenance facility in Chicago's Bridgeport neighborhood. But it requires access through a state-owned parking lot.

Xenon pauses phase 3 depression trials after psychosis events - Fierce Biotech

What a Fed rate hike means for credit card debt, car loans and savers - USA Today

Borrowers can expect to see higher APRs on their credit cards at a time when more are relying on lent money to make ends meet.

BTC news: Iran's Strait of Hormuz toll booth has been settling in bitcoin since June - CoinDesk

The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil chokepoint.

Updated: Electra says $350M IPO will help it become a commercial biotech - Endpoints News

Electra Therapeutics prices its Nasdaq IPO, 2026's 21st biotech float, to fund a Phase 2/3 trial of immunology drug ipsoprubart.

Gas prices jump across the US. See map of state-by-state numbers - USA Today

Gas prices have climbed since the beginning of the Iran war more than six months ago. See prices in each state and region.

Anthropic Says Claude Drives 26% of Its Research and Development - bloomberg.com

More than a quarter of Anthropic PBC’s research and development work for artificial intelligence is driven by its Claude chatbot, according to the company, providing the clearest indication yet that AI can help speed up development of future models.

Verizon seeks FCC approval to phase out copper landlines - WWNY

Verizon has sent letters to customers saying it will replace its copper-based landline services with alternatives such as fiber optics or wireless.

FDA approves a new gene therapy for Sanfilippo syndrome, an ultra-rare disease - STAT

The FDA approved a new gene therapy for Sanfilippo syndrome type A, an ultra-rare disease sometimes known as childhood Alzheimer’s.

AI Is Not Replacing Doctors, It's Re-Imagining What Healthcare Can Be - RealClearMarkets

Let’s start with the obvious - Artificial intelligence (‘A.I.’) is no longer a futuristic concept waiting to enter healthcare. It is already changing how diseases are detected, how...

Lockheed Martin gets first batch of Patriot interceptor parts from General Motors - Defense News

In an "extraordinary" 22-day turnaround, Lockheed Martin received its first shipment of critical components from General Motors for Patriot interceptors.

Airlines are cutting cheaper flights amid latest jet fuel spike - CNN

Airlines are cutting more flights this year in response to high fuel prices.

Sharetec Outage Knocks Credit Unions Offline Across Multiple States - CU Today

The Coolest Credit Union News Source