Business- Page 13

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

US Senate chamber where Democrats reintroduced the Cannabis Administration and Opportunity Act

Senate Democrats Push Cannabis Legalization Bill as $44B Industry Awaits Federal Clarity

Senate Democrats reintroduced the Cannabis Administration and Opportunity Act to fully deschedule marijuana on Wednesday. The $44B industry says rescheduling to Schedule III alone did not fix its banking or tax barriers.

July 22, 2026

by Economy Desk

Anfield stadium home of Liverpool FC as Mittal-backed consortium expresses interest in minority stake purchase from FSG

Mittal-Backed Consortium in Early Talks to Buy Liverpool FC Minority Stake

Fenway Sports Group confirmed Tuesday that Amit Bhatia, son-in-law of steel billionaire Lakshmi Mittal, is leading a consortium expressing interest in a minority stake in Liverpool FC. No terms disclosed. No deal finalized. The approach could value Liverpool above $6

July 22, 2026

by Sports Desk

NYSE trading floor with traders and market screens representing Goldman Sachs private markets platform

Goldman Sachs Launches Private Markets Platform for Wealthy Investors Seeking Pre-IPO Access

Goldman Sachs launched a private markets investment platform on July 21 giving ultra-wealthy clients structured access

General Motors Cadillac luxury vehicles at an unveiling or auto show event

GM Reverses Cadillac’s EV-Only Strategy as Gas-Powered Models Return to the Lineup

General Motors is returning gas vehicles to the Cadillac lineup, ending the brand's all-electric positioning as

Vertex Pharmaceuticals acquires Crinetics Pharmaceuticals in a $10 billion biotech deal

Vertex’s $10 Billion Crinetics Takeover Signals Pharma’s Biggest Rare Disease Bet Yet

Vertex Pharmaceuticals is making its largest acquisition ever, placing a massive $10 billion bet on rare endocrine diseases with the purchase of Crinetics Pharmaceuticals. The deal marks a major strategic shift for

July 8, 2026

Business·Health·News

Brent crude oil price rises above $80 per barrel during global market rally

Brent Crude Surges Above $80 for First Time Since June, US-Iran Tensions Shake Global Oil Markets

Global oil prices surged sharply on Wednesday, with Brent crude briefly climbing above $80 per barrel for the first time since June 22, as escalating geopolitical tensions in the Middle East reignited

July 8, 2026

Business·Economy

Container ships unload imported cargo at a US port as AI-driven capital goods imports push the May 2026 trade deficit higher.

US Trade Deficit Swelled in May as AI-Fueled Imports Surged and Exports Fell

American companies are investing aggressively in artificial intelligence, pouring billions of dollars into servers, semiconductors and advanced computing equipment. At the same time, that spending spree is widening the nation’s trade deficit

July 8, 2026

Business

Getting Quick Approval On a Personal Loan For Home Improvement In India

Your home is a reflection of how you live, and sometimes it just needs a refresh, a leaking roof fixed, a kitchen redone, or an extra room added for a growing family.

July 8, 2026

Business·Economy·Features

Samsung Electronics headquarters as the company posts record Q2 2026 operating profit driven by AI memory chip demand

Samsung Posts $58 Billion Quarter as AI Memory Demand Breaks Every Chipmaker Record

Samsung Electronics reported $58.4 billion in Q2 2026 operating profit, a 19-fold annual increase and the largest single-quarter profit any technology company has recorded. AI memory demand has outpaced supply for three

July 7, 2026

Artificial Intelligence·Business·News·Technology

SpaceX Falcon Heavy rocket carrying NASA Europa Clipper spacecraft at Launch Complex 39A Kennedy Space Center Florida October 2024

SpaceX Joins Nasdaq-100 as Index Funds Force Musk Critics Into the Trade

Space Exploration Technologies Corp. entered the Nasdaq-100 on Monday, triggering an estimated $4.3 billion in forced buying from index funds -- including from the retirement accounts of investors who spent months trying

July 7, 2026

Business·Markets·News

Microsoft Slashes 4,800 Jobs as Xbox Loses Four Studios in Historic Restructure

Microsoft cut 4,800 jobs on Monday and began divesting four Xbox game studios, as CEO Asha Sharma declared the gaming division 'not healthy' after years of declining margins. The restructure eliminates roughly

July 7, 2026

Business·News·Technology

Saudi Aramco oil storage tanks at the North Jiddah bulk plant in Saudi Arabia

OPEC+ Raises Output for Fifth Month as Post-War Hormuz Recovery Gathers Pace

Seven OPEC+ members approved a fifth consecutive monthly production boost of 188,000 bpd for August as Brent returns to pre-war levels. Saudi Arabia and Russia lead with 62,000 bpd each, but analysts

July 6, 2026

Business·Economy·Markets·News

Ola Electric S1 Air electric scooter, India's best-selling EV two-wheeler

India Sets Auto Retail Record as EV Two-Wheelers Cross 10% for First Time

India's auto retail posted its strongest-ever June in 2026, with 2.55 million units sold and electric two-wheelers claiming 10.6 percent share for the first time, alongside alternative-fuel passenger vehicles crossing 40 percent

July 6, 2026

Business·Economy·News

An easyJet Airbus A320neo, whose board agreed to recommend Castlelake's takeover bid

easyJet Rejected Four Bids as ‘Opportunistic.’ The Fifth Got a Yes.

easyJet's board called Castlelake's first four takeover bids opportunistic attempts to buy the airline cheap while the Iran conflict depressed its share price. The fifth offer, at a 73% premium and roughly

July 6, 2026

Business·News

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Business- Page 13

Senate Democrats Push Cannabis Legalization Bill as $44B Industry Awaits Federal Clarity

Mittal-Backed Consortium in Early Talks to Buy Liverpool FC Minority Stake

Goldman Sachs Launches Private Markets Platform for Wealthy Investors Seeking Pre-IPO Access

GM Reverses Cadillac’s EV-Only Strategy as Gas-Powered Models Return to the Lineup

Vertex’s $10 Billion Crinetics Takeover Signals Pharma’s Biggest Rare Disease Bet Yet

Brent Crude Surges Above $80 for First Time Since June, US-Iran Tensions Shake Global Oil Markets

US Trade Deficit Swelled in May as AI-Fueled Imports Surged and Exports Fell

Getting Quick Approval On a Personal Loan For Home Improvement In India

Samsung Posts $58 Billion Quarter as AI Memory Demand Breaks Every Chipmaker Record

SpaceX Joins Nasdaq-100 as Index Funds Force Musk Critics Into the Trade

Microsoft Slashes 4,800 Jobs as Xbox Loses Four Studios in Historic Restructure

OPEC+ Raises Output for Fifth Month as Post-War Hormuz Recovery Gathers Pace

India Sets Auto Retail Record as EV Two-Wheelers Cross 10% for First Time

easyJet Rejected Four Bids as ‘Opportunistic.’ The Fifth Got a Yes.

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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