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The Latest Breaking News on Business

Xi-Trump summit may yield farm deal, but China has limited soybean appetite

Market watchers anticipate a farm deal at the upcoming U.S.-China summit, potentially expanding Beijing's purchases of grains and meat. However, significant new soybean purchases beyond last October's agreement are unlikely due to weak demand and cheaper alternatives. The focus is on potential deals for corn, sorghum, milling wheat, beef, and…

The Economic Times

Plot Twist: Volkswagen Is Now Rivian’s Biggest Shareholder

For the longest time, Amazon has been Rivian's biggest shareholder. That’s no longer the case as Volkswagen's tech partnership with the startup takes shape.

InsideEVs

Netflix Faces Texas Lawsuit Over Alleged Surveillance of Children and Designing the Platform to be Addictive

Texas Attorney General Ken Paxton sues Netflix for allegedly collecting children's data without consent and using addictive features. Netflix denies the claims, stating compliance with privacy laws.

International Business Times UK

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The Gig Economy and the Trust Crisis: Why the Current Model Needs Work

When it comes to screening new workers, the gig economy is a contradiction. It's a labor market built on speed and flexibility. Yet, the process for conducting background checks on those workers is slow, redundant, and increasingly risky.

International Business Times

GM Must Pay Millions For Selling Your Data

General Motors will pay California $12.75 million in civil penalties for selling driver data. The state is the first in the Union to settle with the Detroit-based automaker after the company was caught selling owners' locations and driving behavior to third-party data brokers.

Motor1

Shake Shack Stock Looks Ugly After Earnings. Burger Eaters Were Opting for Value Instead

After Shake Shack’s disappointing Q1 earnings, is McDonald's the safer fast-food stock to own in today’s uncertain market?

Barchart

Dealership Technician Gets Fired For ‘Over-Quoting’ Customer. Then He Pulls An Uno Reverse: ‘That’s What I Was Taught’

Getting car maintenance done will always come at a cost and, in some cases, really hurt the wallet. Before starting service, mechanics and technicians will offer a quote before addressing the problem at hand. This mechanic in an Orlando, Florida, BMW dealership got in trouble for over-quoting an estimate, which…

Motor1

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Plug Power Q1 Earnings Call Highlights

Plug Power (NASDAQ:PLUG) reported higher first-quarter revenue and a narrower gross loss as management said cost cuts, stronger electrolyzer activity and improving hydrogen fuel economics supported progress toward its 2026 profitability targets. On the company’s 2026 first-quarter earnings call, CE

MarketBeat

5 Reasons Your 401(k) Could Trigger a Tax Surprise Next Year

Retirement accounts usually carry a reputation as safe little money shelters, but tax season loves a plot twist. A healthy 401(k) balance can look fantastic on a quarterly statement while quietly setting up a larger IRS bill down the road. Plenty of Americans focus on contributions, employer matches, and investment…

The Free Financial Advisor

GameStop Stock: Trying to Make Sense of It All as Investors Head for the Exit

Amid Ryan Cohen's theatrics and eBay suspension, Michael Burry has exited his GME stake.

Barchart

8 Signs Your Mortgage Servicer May Be Preparing to Transfer Your Loan

Mortgage companies shuffle billions of dollars in home loans every year, and many homeowners never see the switch coming until a new payment portal suddenly appears in the mailbox. A loan transfer does not change the amount owed, but it can create confusion, missed payments, and serious stress when communication…

Everybody Loves Your Money

CI&T Q1 Earnings Call Highlights

CI&T (NYSE:CINT) reported record first-quarter 2026 revenue and raised its full-year outlook, citing broad demand for artificial intelligence-related services and early traction from new pricing models designed to capture more of the value created by AI-driven productivity gains. Founder and CEO Ce

MarketBeat

Global Market Update | Hedge funds record decade-high weekly buying in Korea, Japan, Taiwan equities, says Morgan Stanley

Global hedge funds have heavily invested in Asian stocks, particularly in South Korea, Japan, and Taiwan. This buying spree, the largest in a decade, focuses on technology firms. Investors are seeking exposure to artificial intelligence beneficiaries. Major chipmakers in these countries are driving this trend. Asia's tech supply chain is…

The Economic Times

Hedge funds record decade-high weekly buying in Korea, Japan, Taiwan equities, Morgan Stanley says

Global hedge funds significantly increased their investments in South Korea, Japan, and Taiwan last week, reaching a decade-high in stock buying. This surge, driven by AI beneficiaries and the region's dominance in the tech supply chain, saw net exposure to these markets hit its highest point since 2010.

The Economic Times

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Everybody Loves Your Money

Smart Home Liability: Why Leaving Devices Behind Can Create Legal Risks

Smart homes feel effortless when everything clicks with a voice command or a tap on a phone. Lights adjust automatically, cameras keep watch, and thermostats learn daily habits without a second thought. But convenience hides a complicated reality that many homeowners overlook until it turns into a problem. Devices tied…

MarketBeat

JAN Q1 Earnings Call Highlights

Janus Living Inc. JAN (NYSE:JAN) used its inaugural earnings call as a standalone public company to highlight a strong first quarter of 2026, a debt-free balance sheet and an acquisition pipeline that management said could materially expand the senior housing REIT’s portfolio. President and Chief E

Axios

"Momflation" is changing how we celebrate Mother's Day

Americans are still willing to spend on special occasions — just more selectively.

MarketBeat

Virtuix Maps VR Growth Push as CEO Addresses Sharp Stock Slide

Virtuix (NASDAQ:VTIX) executives outlined the company’s consumer, enterprise and defense strategy during an investor webinar, while also addressing recent volatility in the company’s share price. Founder, CEO and Chairman Jan Goetgeluk said the stock’s recent decline was “gut-wrenching,” noting tha

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news in one place.

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Axios

After a year of whiplash, U.S. jobs market is stabilizing

So far, the damage that was expected to ripple through hiring simply hasn't shown up.

MarketBeat

Hyperliquid Strategies Q3 Earnings Call Highlights

Hyperliquid Strategies (NASDAQ:PURR) reported a profitable fiscal third quarter, with results driven primarily by appreciation in the HYPE token and continued staking revenue, executives said on the company’s third-quarter 2026 earnings call. CEO David Schamis said the company remains “by far the l

The Guardian - US

GameStop CEO opens eBay storefront to pay for potential eBay acquisition

Ryan Cohen selling tube socks and baseball cards after offering $55.5bn, although source of funds remains unclear

The Texas Tribune

Gas power leapfrogs wind for first time in 10 years in Texas’ grid connection queue

Data centers are largely driving the sudden rise in natural gas power projects on the waiting list to connect to Texas' grid.

Axios

Rubio announces new Cuba sanctions

The new sanctions show the Trump administration is pushing forward for regime change in Cuba.

The Independent UK

Japan's Sony reports declining profit but expects a record for this year

Japanese electronics and entertainment giant Sony has reported a 3.4% drop in its annual profit but projects a comeback to record profits for the current fiscal year

TechRadar

Razer partners with 'P2P for AI' network to deliver over 11,000 unique images at just $0.01 per generation during its April Fool's viral 3D AI companion campaign — no cloud subscription needed

Razer used a decentralized GPU marketplace to generate thousands of AI images, achieving low costs and stable performance without cloud infrastructure.

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