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Honda scraps electric vehicle goals following $9 billion loss 
The New York Times
Honda Posts First Ever Annual Loss After Pullback From E.V.s
By Akira Davis
Reuters
Honda posts first annual loss on $9 billion EV writedown, scraps EV sales goals
By Daniel H. Leussink
RideApart.com
Honda’s Tiny Motorcycles Are Doing Billion-Dollar Damage Control
By Enrico Punsalang
Automotive News
Honda dumps combustion-free goal, teases new hybrids after loss
By Hans Greimel & Naoto Okamura
Versant Media Group Inc. reports $286 million first-quarter profit 
CNBC
Versant reports first-quarter revenue decline, with bright spots in platforms and licensing
By Lillian Rizzo
WSJ
Versant Revenue Slides on Lower Subscriber Numbers and Ad Sales
By Isabella Simonetti
Seeking Alpha
Versant Media rallies on strong platforms and licensing growth, accelerated buyback plan (VSNT:NASDAQ)
By Clark Schultz
TheWrap
Versant Q1 Profit Tumbles 22% on Lower Linear, Ad Revenues and Higher Standalone Company Costs
By Lucas Manfredi
Kevin Warsh as Federal Reserve chair 
Axios
Kevin Warsh confirmed to lead Federal Reserve
By Neil Irwin
CNN
Kevin Warsh confirmed as Fed chair, succeeding Jerome Powell
By Bryan Mena
NPR
Trump tries to make deals in China. And, Senate confirms Kevin Warsh as Fed leader
By Brittney Melton
The New York Times
The Economy That Kevin Warsh, the Federal Reserve’s New Chair, Is Inheriting
By Christine Y. Zhang
Donald Trump arrives in Beijing for summit with Xi Jinping 
Yahoo Finance
Asia stocks uneven as investors assess high-stakes Trump-Xi talks, AI rally
CNBC
Asia-Pacific stocks trade mixed as Trump lands in Beijing for high-stakes Xi meeting
Opinion
By Ying Shan Lee
Reuters
Morning Bid: 'G2' choreography
By Mike Dolan
WSJ
Stock Market Today: Stock Futures Tick Up With AI Trade Top of Mind Again — Live Updates
By Caitlin McCabe, Dean Seal & Annie Linskey
MarketWatch
The stock market is breaking the rules of the inflation playbook. Here is what is different this time
By Steve Goldstein
Bitget
"Doomsday Doctor" issues a warning
Mint
Nouriel Roubini: Has the war in West Asia finally torpedoed the efficient market hypothesis?
Opinion
By Nouriel Roubini
Tekedia
Nouriel Roubini Warns Investors Are Underpricing Iran War Risks, Sees Potential for Stagflation and Bear Market
By Samuel Chinedu Nwite
Sam Altman testifies in Elon Musk's lawsuit against OpenAI 
Business Insider
OpenAI trial wraps up with testimony about Reid Hoffman, a trophy, and a Musk outburst
By Natalie Musumeci & Laura Italiano
The Guardian
The Elon Musk v Sam Altman battle is a distraction | Karen Hao
Opinion
By Karen Hao
CNBC
Altman details Musk's OpenAI fallout, says nonprofit was 'left for dead'
By Ashley Capoot
CNN
‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial
By Hadas Gold, Samantha Delouya & Lisa Eadicicco
Grocery prices rise 
ABC News - Breaking News, Latest News and Videos
Tomatoes, seafood and more: Why are these grocery prices soaring?
By Max Zahn
The Journal News | lohud.com
This grocery item has gone up in price, according to our latest poll
By Michael McKinney
New York Post
Prices for 6 grocery store staples are increasing right now as affordability spirals
By Kyra Breslin
Newsday
Why grocery prices are rising again on Long Island
By Tory Parrish
Donald Trump travels to China with US business executives 
The New York Times
Stephen Colbert Slams ‘Trump’s Fabulous Billionaire Boys Trip’
By Trish Bendix
The New York Times
As Trump Meets Xi in China, A Closer Look at Who’s in the U.S. Delegation
By Chris Buckley, Pablo Robles & Agnes Chang
Al Jazeera
Who are the US CEOs in China with Trump, and what’s in it for them?
WSJ
Nvidia Rally Propels Stocks to New Records
By Vicky Ge Huang
Frontier Airlines plane fatally strikes person at Denver airport 
View from the Wing
Frontier Passengers File $10 Million Claim Against Denver For Failing To Stop Runway Suicide
By Gary Leff
The New York Times
Person Fatally Struck by Frontier Airlines Jet at Denver Airport Is Identified
By Christina Morales
NBC News
Denver runway fatality reveals a weakness in airport security
KDVR
Man hit, killed by plane at DIA identified by medical examiner
By Jacob Factor
Wegmans ranks 36th on Forbes largest family businesses list 
Forbes
America’s Largest Family Businesses: Walmart, Wegmans, Wawa And 97 More
By Matt Durot & Andrea Murphy
Forbes
America’s Most Valuable Public Family Businesses 2026
By Matt Durot & Andrea Murphy
Forbes
The 25 Most Valuable Private Family Businesses in America, Ranked
By Andrea Murphy & Matt Durot
The Journal News | lohud.com
Wegmans just landed on a major Forbes list. Here’s where it ranked
By Victoria Freile & Marcia Greenwood
Allegiant Air completes $1.5 billion acquisition of Sun Country 
The Points Guy
Allegiant completes merger with Sun Country
By Edward Russell
ABC News - Breaking News, Latest News and Videos
Allegiant Air and Sun Country complete merger, creating larger budget airline for travelers
By Rio Yamat
PR Newswire
Allegiant Completes Acquisition of Sun Country Airlines, Creating the Leading Leisure-Focused U.S. Airline
CNBC
Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes
By Leslie Josephs
Cerebras Systems prices IPO at $185 per share 
Reuters
Cerebras prices IPO at $185 per share to raise $5.55 billion
By Echo Wang
CNBC
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
By Jordan Novet
qz.com
Cerebras IPO prices at $185, raising $5.55 billion in 2026
Bloomberg.com
Arm, SoftBank Tried to Buy Cerebras in 11th Hour
By Ian King, Ryan Gould & Ed Ludlow
Senate panel debates regulatory framework for stablecoins 
Politico
Wall Street-crypto clash creates strange bedfellows in the Senate
By Aiden Reiter & Jasper G. Goodman
Reuters
US Senate committee to weigh crypto bill in milestone for digital assets
By Hannah Erin Lang
The Hill
Senate crypto talks go down to the wire before key test
By Julia Shapero
The New York Times
Crypto Industry Is Pushing a Bill to Tilt Regulation in Its Favor
By David Yaffe-Bellany
MarketWatch
Wholesale prices jump to 4-year high and point to even more inflation this summer
By Jeffry Bartash
CNBC
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
By Jeff Cox
CNN
America is in for yet another long spell of price pain
By Elisabeth Buchwald
Axios
The U.S. inflation problem is getting worse
By Neil Irwin
Cisco Q3 earnings 
San Francisco Chronicle
Silicon Valley tech giant posts record revenue, then cuts 4,000 jobs
By Aidin Vaziri
Cisco Blogs
Our Path Forward
By Chuck Robbins
qz.com
Cisco Q3 2026 earnings beat, cuts 4,000 jobs for AI
Bloomberg.com
Tech Rally Rolls On as Cisco Highlights AI Fervor: Markets Wrap
By Andre Janse van Vuuren & Levin Stamm
Long Island Rail strike 
Gothamist
As LIRR strike looms, Hochul warns Long Islanders they may have to stay home
By Ramsey Khalifeh
ABC7 New York
Possible LIRR strike could happen Saturday if no deal is reached | Live updates
By Jaysha Patel
The New York Times
A Long Island Rail Road Strike May Be Near. Here’s What to Know.
By Stefanos Chen
USA Today
Hochul breaks silence on potential LIRR strike; why she's 'immersed'
By Amethyst Martinez
Meta Platforms tracks employee data to train AI models 
WIRED
Meta’s New Reality: Record High Profits. Record Low Morale
By Zoë Schiffer, Paresh Dave & Steven Levy
Reuters
Exclusive: Meta employees launch protest against mouse-tracking tech at US offices
By Katie Paul
The New York Times
Meta’s Embrace of A.I. Is Making Its Employees Miserable
By Kalley H., Eli Tan & Kate Conger
Yahoo Finance
Even Laying Off 100% of Its Workers Won't Recoup This Company's AI Costs
By Ben Gran
Iran oil crisis 
Reuters
Global oil supply to plunge below demand this year due to Iran war, IEA says
By Robert Harvey
MarketWatch
Why the oil crisis could become a full-blown catastrophe within a month
By Claudia Assis
The New York Times
Fatih Birol of the International Energy Agency: What It Will Take to End the Energy Crisis
By Eshe Nelson
Yahoo Finance
Oil Holds Steady on Mideast Impasse and Shrinking Inventories
By Mia Gindis, Alex Longley & Jack Wittels
Gallup: 71% of Americans oppose local AI data center construction 
Gallup News
Americans Oppose AI Data Centers in Their Area
The Washington Post
Opinion | The right response to the data center backlash
Opinion
Forbes
People Would Rather Have Nuclear Power Plants In Their Area Than AI Data Centers
By Mary Whitfill
Business Insider
Data centers have a bigger NIMBY problem than nuclear reactors, a new poll shows
By Ellen Thomas
Orforglipron weight loss treatment 
investor.lilly.com
Lilly's Foundayo and lower-dose Zepbound helped people maintain weight loss after switching from higher doses of injectable incretin therapy in two late-phase trials
Nature
Orforglipron for maintenance of body weight reduction: the double-blind, randomized phase 3b ATTAIN-MAINTAIN trial
By Louis Aronne, Ariana M Chao & Bruno Halpern
Scientific American
Quitting weight-loss drugs or a diet can cause weight regain—two strategies could help prevent that
By Jackie Flynn Mogensen
BBC
Daily pill to help keep weight off after stopping obesity jabs
By Michelle Roberts
Spirit Airlines bankruptcy 
Jalopnik
Repo Man Had 'Six Hours To Find 20 Pilots' While Seizing Jet Aircraft From Bankrupt Spirit Airlines
By Justin Hughes
The New York Times
Spirit Was the Only Airline in Town. Now What?
The New Yorker
Why Spirit Airlines Failed While European Budget Carriers Thrive
By John Cassidy
The Washington Post
When Spirit folded, this tiny airport suddenly had zero flights
By Casey Parks
Trump administration's tariff refunds 
The New York Times
Tariff Refunds Begin to Reach Businesses as Trump Lashes Out at Court
By Tony Romm
CNN
He fought Trump’s tariffs through the Supreme Court all the way to a refund
By Elisabeth Buchwald
Asbury Park Press
Who gets tariff refunds? What to know about new stimulus bill
By Maria Francis
Politico
‘Personal to the president’: Companies try to avoid Trump’s wrath over tariff refunds
By Daniel Desrochers
Waymo recalls 3,791 robotaxis over software defect 
BBC
Thousands of Waymos recalled after robotaxi swept into a creek
Los Angeles Times
Waymo recalls thousands of its driverless cars after some failed to avoid flooded roads
By Caroline Petrow-Cohen
ABC13 Houston
Waymo recalls over 3,500 vehicles after incident involving robotaxi entering flooded Texas road, company says
San Antonio Report
Waymo pauses issues national recall after San Antonio incident
By Jasper Sundeen
Nvidia H200 sales in China 
CNBC
U.S. clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough
Yahoo Finance
Exclusive-US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough
Seeking Alpha
US clears Nvidia H200 sales to Alibaba, Tencent, ByteDance, and others, Reuters reports (NVDA:NASDAQ)
By Arundhati Sarkar
MarketWatch
Nvidia moves one step closer to a breakthrough on Chinese exports after reaching another milestone
S&P 500 and Nasdaq reach record highs led by tech stocks 
CNBC
The Dow is poised to retake 50,000 as Cisco jumps, Boeing gains: Live updates
By Lisa Kailai Han
Yahoo Finance
S&P 500, Nasdaq futures rise to new highs as Nvidia jumps
Barron's
Stock Market News From May 13, 2026: S&P 500, Nasdaq Hit New Highs
By Anthony Harrup, Karishma Vanjani & Kirk Maltais
WSJ
Stock Market News, May 13, 2026: Chip Stocks Bounce Back, Lifting Nasdaq to New Record
By Matt Grossman, Vicky Ge Huang & Heather Gillers
Home ❧ Current Affairs
Why They Don’t Want You Driving a Chinese Car
By Nathan J. Robinson
Politico
‘The only thing that terrifies me is BYD’: Politicians quake at Chinese EVs
By Jordyn Dahl, Zack Colman & Sara Schonhardt
Axios
U.S. manufacturers urge Trump to keep Chinese vehicles out
By Nathan Bomey
The Washington Post
Analysis | Are cars the next TikTok?
By Matthew Choi & Dan Merica
Yahoo Finance
Social Security now poised for big ‘Trump Bump’ in the months ahead — here’s how much extra cash you’ll likely get
By Vishesh Raisinghani
The Senior Citizens League
TSCL Predicts 2027 COLA Climb to 3.9 Percent as Seniors Continue to Feel Financial Strain
Barron's
Tomato Prices Aren’t the Only Problem. How Retirees Can Beat Inflation.
By Elizabeth O'Brien
Patch
Social Security Recipients Could Get A Nearly 4% Cost-Of-Living Adjustment, Forecasters Say
TechCrunch
r/WallStreetBets really hates the SEC’s proposal to weaken quarterly reporting
By Sean O'Kane
Financial Times
Why scrapping quarterly earnings is a bad idea
Opinion
By Brooke Masters
Bloomberg.com
Investors Benefit From More Financial Data, Not Less
Opinion
The Big Picture
Artificial Intelligence and Quarterly Earnings Reports - The Big Picture
Fervo Energy shares jump 35% in Nasdaq trading debut 
The New York Times
A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
By Ivan Penn & Brad Plumer
Barron's
Fervo Energy IPO: The Bill Gates-Backed Stock Soars in Trading Debut
By Avi Salzman
Yahoo Finance
Forget SpaceX. This Might Be the Hottest IPO of the Year.
Financial Times
Shares surge in debut of power producer favoured by Trump energy agenda
By Martha Muir
Elon Musk's xAI doubles gas turbines at Mississippi data center 
TechCrunch
Musk’s xAI is running nearly 50 gas turbines unchecked at its Mississippi data center
By Tim De Chant
WIRED
xAI Adds 19 New Gas Turbines Despite Ongoing Lawsuit
By Molly Taft
Mississippi Today
xAI now has 46 gas turbines without air permits. State officials are ‘evaluating the situation’
By Alex Rozier
Engadget
Elon Musk Just Can't Stop (Potentially) Violating The Clean Air Act
By Matt Tate
Boston Fed's Collins on inflation 
WSJ
Boston Fed’s Collins Flags Rate-Hike Scenario as Inflation Risks Tilt Higher
By Nick Timiraos
Reuters
Fed may have to hike to defend its credibility
By Mike Dolan
Bloomberg.com
Fed’s Collins Favors Holding Rates Steady for ‘Some Time’
By María Eloísa Capurro
Yahoo Finance
Fed's Collins says rate hikes may be needed to curb inflation
By Michael S Derby
Iran oil prices 
Yahoo Finance
Oil Steadies Ahead of Trump-Xi Talks as Iran War Tensions Simmer
By Yongchang Chin
The New York Times
Oil Prices Rise as Trump Meets China’s Xi
Bloomberg.com
Oil Holds Gain With Iran’s Exports Strained as Conflict Drags On
By Mia Gindis, Jack Wittels & Alex Longley
CNBC
Oil prices fall as Trump arrives in China amid stalemate with Iran
Federal Reserve chair Jerome Powell 
WSJ
How Eight Tumultuous Years Pushed Jerome Powell and the Fed to the Limit
By Nick Timiraos
The New York Times
Opinion | He Was Good at Steering the Fed, but He Was a Genius at Ignoring Trump’s Threats
Opinion
By Jason Furman
Bloomberg.com
Jerome Powell Exits With Legacy as the Fed Chair Who Fought Back
By Catarina Saraiva & Amara Omeokwe
Traders Union
Powell’s tenure underscores economic impact of pandemic, Claudia Sahm underscores
By Andreas Kristo
California gas prices 
CalMatters
Will California gas hit $7? Experts are split.
By Alejandro Lazo
KTLA
California drivers could face a costly summer at the pump amid high gas prices
By Iman Palm
WSJ
Think $6 Gas Is Bad? It’s About to Get Even Worse in California
By Collin Eaton
Yahoo
Turner: Gavin Newsom Has Shuttered What Was A Very Viable Oil Production Operation In California
Amazon launches Alexa for Shopping to replace Rufus chatbot 
About Amazon
Meet Alexa for Shopping, your personalized, agentic AI assistant on Amazon
CNBC
Amazon ditches Rufus chatbot, launches Alexa shopping agent in AI strategy pivot
By Annie Palmer
GeekWire
Amazon unifies Alexa+ and Rufus as AI rivals move into online shopping
By Todd Bishop
The Information
Amazon’s AI Shopping Overhaul
By Martin Peers
Treasury yield at a high 
Bloomberg.com
US 10-Year Treasury Yield Hits Highest Since July After PPI Data
By Sydney Maki & Carter Johnson
CNBC
Treasury yields ease as energy costs drive hotter U.S. inflation print
By Joseph Wilkins
Financial Times
US sells 30-year bonds at 5% yield for first time since 2007
By Kate Duguid & Miles McCormick
MarketWatch
Here’s the silver lining for stocks and 5% Treasury yields
By Joy Wiltermuth
Trump Mobile CEO confirms T1 smartphone shipping schedule 
Fortune
Trump Mobile's CEO says gold-plated Trump phone will begin shipping to buyers this week after delays
By Marco Quiroz-Gutierrez
USA Today
Trump’s gold T1 phone will start shipping this week
By Michelle Del Rey
Pensacola News Journal
Trump's gold phone to finally ship after 'final assembly' in Florida
By Brandon Girod
MS NOW
‘Duped’: Ari Melber breaks down the MAGA backlash over Trump Mobile disaster
By Allison Detzel
Calbee to use black-and-white snack packaging due to Iran war 
NPR
Japanese snack packages turning black-and-white as Iran war depletes ink supply
CNN
Color crunch: Japan’s Calbee chip bags go monochrome as Iran war bites
By Jessie Yeung
The New York Times
The Iran War Is Taking the Color Out of Japan’s Best-Known Snack Bags
By Kiuko Notoya & Javier C. Hernández
The Guardian
Iran war oil shortage forces Japan snack giant to use black-and-white packaging
By Gavin Blair
eBay rejects unsolicited acquisition proposal from GameStop 
TipRanks
GME, EBAY: ‘Takeover Fight May Just Be Starting,’ Says Morgan Stanley after eBay Rejects GameStop Bid
By Shalu Saraf
The New York Times
EBay, the Old-School E-Commerce Site, Finds Its Place in Modern Retail
By Kim Bhasin
CNBC
EBay rejects GameStop's $56 billion takeover bid, calling it 'neither credible nor attractive'
By Annie Palmer
Yahoo Finance
Ryan Cohen hits back at eBay, says his takeover proposal should not be dismissed
By Svea Herbst & Abigail Summerville
Yahoo
A judge told Musk he wasn’t excused from trial. He went to China with Trump anyway.
By David Ingram
Baltimore energy advocates on PJM 
Utility Dive
PJM may be ‘too big to function’: FERC Chairman Swett
By Ethan Howland
Bloomberg.com
Biggest US Grid May Be Too Large to Function, Regulator Says
By John Ainger
Reuters
US state governor pushes for grid reforms as power bills swell
By Laila Kearney
Maryland Matters
Moore brings gripes directly to electric grid operator PJM
By Christine Condon
Alibaba's profit 
TipRanks
Alibaba (BABA) Sees Profits Drain 84% Despite Cloud and AI Growth Surge
By Joy Iyke
CNBC
Alibaba jumps as it strikes bullish tone on AI investments, even as profit plunges
By Arjun Kharpal
Barron's
Alibaba’s Big AI Bet Isn’t Paying Off Yet and the Stock Is Suffering
By Adam Clark
The Motley Fool
Why Alibaba's Earnings Report May Spell Trouble for Amazon
By Patrick Sanders
Report: Walmart to cut or relocate 1,000 corporate staff 
CNBC
Walmart cuts 1,000 roles to simplify operations, Reuters reports
WSJ
Walmart Lays Off or Relocates About 1,000 Corporate Workers
By Sarah Nassauer
Yahoo Finance
Walmart layoffs bring attention to a reality about the retailer's stock price
By Brian Sozzi
Business Insider
Read the Memo: Walmart Cuts or Reorganizes 1,000 Jobs
By Dominick Reuter & Shubhangi Goel
Global EV sales rise 6% in April amid Iran war 
The New York Times
Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
By J. Ewing
Yahoo
Fossil fuel demand may not rebound, say analysts
Reuters
Global EV demand rises for second month, data shows
By Amir Orusov & Mathias de Rozario
Informed Comment
The Electric Car won the Iran War: The Twilight of Oil
By Juan Cole
Anthropic launches Claude for Legal with new software integrations 
TechCrunch
Anthropic courts a new kind of customer: small business owners
By Lucas Ropek
Anthropic
Introducing Claude for Small Business
Artificial Lawyer
Claude For Legal Launches, May Reshape the Legal Tech World
Reuters
Anthropic expands Claude's AI tools for law firms, lawyers
By Mike Scarcella
Ford's energy storage business 
Yahoo Finance
Ford shares jump 6% as Morgan Stanley hails CATL-backed energy business
By Louis Juricic
The Globe and Mail
Ford stock surges 13 per cent on investor optimism for new energy storage business
By Nora Eckert
MarketWatch
Ford’s stock paces the S&P 500. The carmaker is putting a very Tesla spin on things.
By William Gavin
Bloomberg.com
Ford Soars Most in Six Years on Possible Hyperscaler Tie-Ups
By Jordan Fitzgerald & Keith Naughton
General Motors to pay $12.75 million in data privacy settlement 
BBC
Trillions of miles of data: Your car is spying on you, and it's only just the beginning
By Thomas Germain
Reuters
GM to pay $12.75 million to settle California driver privacy probe
By David Shepardson
The Guardian
General Motors to pay $12.75m settlement for selling drivers’ location and data
By Dara Kerr
CalMatters
GM just paid a record penalty for breaking California privacy law
By Khari Johnson
S&P 500 and Nasdaq reach record highs led by tech stocks 
TipRanks
Why Is the Stock Market Up Today, 5/13/26?
By Eddie Pan
Yahoo Finance
Stock market today: Dow, S&P 500, Nasdaq mixed as PPI inflation data comes in hot
By Amalya Dubrovsky
Investopedia
Markets News, May 13, 2026: S&P 500, Nasdaq Close at Record Highs as Tech Stocks Rebound, Oil Falls; Warsh Confirmed as Fed Chair
By Aaron Rennie
Reuters
Trading day: Inflation? Stocks don't care
Opinion
By Jamie Mcgeever
Iran war and China's electrification 
Politico
Iran war is fueling China’s clean energy surge ahead of Trump-Xi talks
AP News
Price shocks from the Iran war power solar sales in energy-hungry Asia
By Anton L. Delgado
Bloomberg.com
China Green Tech Firms Target New Consumers Hit by Iran War Energy Shock
By Lili Pike
The New York Times
War and Energy Shortages Boost China’s Influence in Asia
Snack brands recalled over milk powder Salmonella risk 
Delish
At Least 8 Recalls Have Been Linked To A Potentially Deadly Ingredient—What To Know
By Amanda Mactas
NBC 5 Chicago
Dozens of popular snacks recalled due to salmonella contamination. See the growing list
USA Today
Powdered milk recall grows. See affected Aldi, Walmart, Target items
By Mary Walrath
Fox Business
Popular potato chips recalled due to salmonella fears
By Matthew Kazin

Last Updated: 5/14/26, 5:03:18 am