Business
Oil finishes down on possible OPEC+ output hike
US crude futures fell on Friday (May 30) as traders expected Opec+ would decide on Saturday to boost oil output for July beyond previous…
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Business
Business
LinkedIn cuts 281 workers in California as tech layoffs continue
LinkedIn, the professional social network where people search for work, is shedding jobs. The Microsoft-owned tech company has cut 281…
Business
‘I still think I’m dreaming’: Kai Cenat’s ‘Streamer University’ now has its first graduating class
The class of 2025 have now graduated from Kai Cenat’s “Streamer University.” Last week, 120 students—handpicked from more than a million…
Business
Lena Waithe and Branden Jacobs-Jenkins on How Pulitzer Winner ‘Purpose’ is in Dialogue With ‘A Raisin in the Sun’
The Emmy-winning writer-actor Lena Waithe (“The Chi,” “Master of None”) recently sat down with the playwright Branden Jacobs-Jenkins to…
Business
Glenn Greenwald: Pulitzer-Winning Journalist's Sex Tapes Go Viral on Social Media as He Blames 'Political Enemies' Behind Scandal
Journalist Glenn Greenwald has spoken out against his "political enemies" after sex tapes involving him were shared on social media. In a…
Business
As Joann fabrics stores finally close today, the internet grieves the beloved arts and crafts haven
Joann fabrics, the beloved fabrics, arts and crafts retailer, is finally shutting its doors for good after a long, slow goodbye. While…
Business
Asian Markets React to U.S. Tariff Shifts, Japan Debt Concerns and Strong Yen Pressure Stocks
Markets in Asia finished the week cautiously as investors awaited critical United States inflation figures and a continuing air of…
Business
This startup is bringing photos—and even video—to 911 calls
It’s become commonplace to message someone a photo, text them an address, and switch to a video chat all in the middle of a phone call.…
Business
A gas company wants to expand a pipeline in the south—but it would sharply increase air pollution in North Carolina towns
Two compressor stations along Transco’s natural gas pipeline in North Carolina would emit more than 935,000 tons of planet-warming…
Business
Nike design leader John Hoke is leaving the company that was his ‘destiny’
John Hoke, a 33-year Nike veteran who served as the company’s chief innovation officer, is retiring. The news comes during a difficult…
Business
Tesla’s best-selling Model Y could be dethroned by this newly launched Chinese EV model
Xiaomi rolled out its new sports utility vehicle in Beijing on Thursday, as the firm best known for smartphones and consumer electronics…
Business
Name Game: Shoe Carnival Is Converting More Stores to Shoe Station Banner
First quarter net sales and net income were down at Shoe Carnival Inc., but its stock rose in pre-market trading after the company…
Business
Fueling seamless AI at scale
Silicon’s mid-life crisis AI has evolved from classical ML to deep learning to generative AI. The most recent chapter, which took AI…
Business
US: Wall St opens lower as Trump says China violated tariff terms
Wall Street’s main indexes opened lower on Friday (May 30) as trade worries deepened after US President Donald Trump accused China of…
Business
Saudi Aramco could tap debt markets again after US$5 billion bond sale
Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major may soon…
Business
The Download: sycophantic LLMs, and the AI Hype Index
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology.…
Business
US consortium completes Rangers takeover
Mark Taber, Andrew Clayton and Gene Schneur will become new board members, with Patrick Stewart remaining as chief executive. Current…
Business
OKP unit wins S$258.3 million LTA contract to construct new cycling paths in east
A unit of mainboard-listed infrastructure and civil engineering company OKP has won a contract worth S$258.3 million from the Land…
Business
Olam secures US$1.85 billion loan
The first tranche is a US$1.6 billion conventional loan, while the remaining US$250 million will be issued as an Islamic loan Agribusiness…
Business
Wee Hur sets up S$500 million medium-term note programme
Notes to be issued may be in Singapore dollars or any other currency, in various amounts and tenors, and may bear interest at fixed,…
Business
China's central bank injects 700 billion yuan of outright reverse repos in May
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bonds China’s central…
Business
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group…
Business
MacDermid Alpha Electronics Solutions expands Singapore production facility
Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production…
Business
Fuji Offset Plates Manufacturing shares jump 67% after former Dyna-Mac CEO AC Lim buys S$4.5 million stake
It appears former Dyna-Mac chairman and chief executive Lim Ah Cheng – better known in the industry as AC Lim – is working his magic…