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Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

An aviation fuel tanker refuelling an aircraft, illustrating jet fuel supply

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

India raised export duties on aviation turbine fuel and diesel from June 16 while leaving petrol untouched, a move that looks backward until you stop watching crude. With oil prices falling after

June 18, 2026

by Economy Desk

Centene Corporation community outreach event, with volunteers at a food bank

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

Centene is offering buyouts to most of its 61,000 employees, citing a 6 percent drop in plan membership, the expiration of enhanced ACA subsidies, and the prospect of $900 billion in Medicaid cuts over the next decade. Layoffs will follow

June 18, 2026

by Economy Desk

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Electronic Arts has launched EA Advertising, a platform that lets brands buy dynamically served placements inside

Electronic board showing Nikkei 225 stock prices in Tokyo as chip stocks rally on the US-Iran ceasefire

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

A war that had hung over every chip stock for weeks came off the screens on

A container ship anchored in the Strait of Hormuz off Bandar Abbas, Iran

The CFTC May Block CME’s 24/7 Oil Contract, Because Letting Retail Trade Crude Through a Weekend Iran Crisis Is a Different Risk Than It Used to Be

CME Group on Thursday announced 24/7 trading for a new tenth-size WTI oil contract, launching August 30. The CFTC is weighing whether to block it. The reason is the rest of this

June 13, 2026

Business·Markets·News

A Coalition of State Attorneys General Just Subpoenaed OpenAI About How It Talks to Children and the Elderly

New York's attorney general led a multi-state coalition that on Friday served OpenAI with a sweeping subpoena covering advertising, user engagement, health data and the company's handling of conversations with minors and

June 13, 2026

Artificial Intelligence·Business·News·Technology

US Commerce Secretary Howard Lutnick testifying at a Senate hearing

Washington Pulls the Plug on Anthropic Abroad: The Trump Administration Just Export-Controlled an AI Model That Did Not Want to Help It Wage War

Commerce Secretary Howard Lutnick sent Anthropic a letter putting its Mythos 5 and Fable 5 models under export controls to all locations outside the United States, and to all foreign persons inside

June 13, 2026

Artificial Intelligence·Business·News·Technology

Paramount and CBS branding marking the parent company of CBS News that will absorb Warner Bros. Discovery

The Justice Department Just Cleared a $110 Billion Hollywood Merger Without Asking for Anything in Return

The DOJ on Friday cleared Paramount Skydance's $110 billion takeover of Warner Bros. Discovery without a single divestiture or behavioral condition, calling the deal pro-competitive. Two of America's oldest studios will merge

June 13, 2026

Business·Entertainment·News

Upcoming IPOs In India Investors Should Watch In 2026

Initial Public Offerings (IPOs) usually attract strong attention in the market because they give investors an opportunity to participate in a company’s growth story after it goes public. Sometimes, the interest comes

June 13, 2026

Business·Features·Markets·Technology

IMF headquarters building Washington DC Ukraine lending program

IMF Approves $690M for Ukraine Despite Missed Q1 Reform Benchmark

The IMF approved a $690 million tranche for Ukraine on Friday despite the country missing one structural benchmark and delaying two others from the first quarter of 2026, a disclosure that tests

June 13, 2026

Business·Economy·News

Delegates walk through the atrium at the IMF and World Bank Spring Meetings in Washington DC, April 14, 2026

IMF Cuts Ukraine GDP Forecast to 1–1.6% as Two Wars Erode What Recovery Was Left

The IMF has slashed its Ukraine growth forecast to 1.0–1.6%, a sharp reversal from its own April projection of 2%, as Russian attacks on energy infrastructure and spillovers from the war in

June 13, 2026

Business·Economy·News

Corpus Christi reservoir drought conditions amid Bitcoin mine water controversy 2026

Texas Bitcoin Mine Drained 11 Million Gallons as Corpus Christi Ran Dry. Now the City Is Hiding the Evidence.

CORPUS CHRISTI, Texas. The city’s wells are running dry. Its two main reservoirs sit at critically low levels. Residents have been living under outdoor watering bans since December 2024, forbidden from hosing

June 12, 2026

Business·Economy·Technology

SpaceX Goes Public at $1.77 Trillion, Catapulting Elon Musk Into History as the World’s First Trillionaire

NEW YORK – On a Friday morning in June, at the Nasdaq MarketSite in the heart of Times Square, Gwynne Shotwell rang the opening bell to a crowd of audible cheers. A

June 12, 2026

Artificial Intelligence·Business·Economy·Science·Technology

Pollution rises from a ship cruising past the Port of Long Beach in San Pedro, California, where tankers and container ships enter and exit

Shipping’s Climate Leaders Cut Emissions Last Year and Still Fell Further Behind

The 32 shipping firms that volunteered to track their carbon cut emissions intensity in 2025, and the new Sea Cargo Charter report still finds them 11.6 percent behind the climate trajectory they

June 12, 2026

Business·Climate·News

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Business- Page 11

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

The CFTC May Block CME’s 24/7 Oil Contract, Because Letting Retail Trade Crude Through a Weekend Iran Crisis Is a Different Risk Than It Used to Be

A Coalition of State Attorneys General Just Subpoenaed OpenAI About How It Talks to Children and the Elderly

Washington Pulls the Plug on Anthropic Abroad: The Trump Administration Just Export-Controlled an AI Model That Did Not Want to Help It Wage War

The Justice Department Just Cleared a $110 Billion Hollywood Merger Without Asking for Anything in Return

Upcoming IPOs In India Investors Should Watch In 2026

IMF Approves $690M for Ukraine Despite Missed Q1 Reform Benchmark

IMF Cuts Ukraine GDP Forecast to 1–1.6% as Two Wars Erode What Recovery Was Left

Texas Bitcoin Mine Drained 11 Million Gallons as Corpus Christi Ran Dry. Now the City Is Hiding the Evidence.

SpaceX Goes Public at $1.77 Trillion, Catapulting Elon Musk Into History as the World’s First Trillionaire

Shipping’s Climate Leaders Cut Emissions Last Year and Still Fell Further Behind

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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