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Business News

Location American Business News for 5 March 2026
Iceland Defeats Iceland: A U.K. Supermarket Ends a Trademark Dispute Can a company trademark the name of a country? In the case of Iceland, the British grocery store, the answer is no.
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Judge clears path for refunds on Trump's tariffs that the Supreme Court ruled unlawful A federal judge on Wednesday said companies are entitled to benefits from the recent Supreme Court ruling that struck down Trump-era tariffs.
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Jamie Dimon just made a bold prediction about AI and your job This is not the future most people are prepared for yet
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Bitcoin Rally Stalls Hard at $73K Ceiling as Traders Eye Fragile Support Bitcoin traded at $72,648 on March 5, 2026, consolidating between $72,600 support and $73,100 resistance after an overnight push higher lost momentum. Technical indicators across the 1-hour, 4-hour, and daily charts show...
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The billionaire founder of Palo Alto Networks started a new cybersecurity company. Here's why many people are calling it 'crazy.' Just as he was seen as a contrarian for starting a cloud-based cybersecurity company in 2005, Nir Zuk relishes going the opposite way in 2026.
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Berkshire Hathaways new CEO makes a one-time-only announcement: Were buying back stock Berkshire Hathaway CEO Greg Abel said the company started buying back shares this week. And he spent all of his take-home pay doing the same.
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Jobless claims and Challenger Gray point to declining layoffs. What about hiring plans? The number of people who lost jobs and applied for unemployment benefits at the end of February clung to recent lows and added to a flurry of signals suggesting the labor market has stabilized.
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The cost of Uber and Lyft rides rose nearly 10% last year - and now riders say they're cutting back Fares on Uber and Lyft rose 10% in 2025, according to Gridwise. A majority of riders survyeyed said they are cutting back as a result.
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Graffiti-Covered Los Angeles Skyscrapers Find a Buyer

The New York Times - 5 Mar 2026 03:24
Graffiti-Covered Los Angeles Skyscrapers Find a Buyer The windows of the unfinished Oceanwide Plaza complex in downtown Los Angeles became a canvas for street artists in 2024. A new buyer is promising to complete the project.
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Greg Abel sends blunt message on Berkshires $370 billion cash pile New CEO Greg Abel delivers a decisive dry powder message.
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Broadcom says AI is not disrupting its software business, and its stock climbs The chip maker sees sales growth in its infrastructure software accelerating, showing that its focused on and investing in that business.
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Robinhood enters premium credit card fray with new invite-only Platinum Card for wealthy customers The new $695/yr card is a shot across the bow at Amex, Chase, and Capital One
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Veteran Actress Tichina Arnold Signs First-Look Deal With CBS Studios According to Deadline, actress, director, and producer, Tichina Arnold (The Neighborhood, Martin) celebrated 20 years with CBS Studios, by signing a first-look deal with the studio, under Queen Light Productions.
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Block employee says the company dangled a 75% pay raise to get her to stay after layoffs - but she decided to quit "I saw my company discard half of my peers and double my pay," the former Block employee wrote. "That's not an honor. It feels shameful."
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Aave Labs Outlines Year-Long Security Blueprint for Aave V4 Lending Protocol This week, Aave Labs unveiled a detailed security framework for Aave V4, describing nearly a year of audits, formal verification, and public testing designed to harden what is widely considered decentralized finances lar...
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The No-Explanation War

The New Yorker - 5 Mar 2026 23:30
From the daily newsletter: what the Trump Administration isnt bothering to say about the war in Iran.
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A+E Global Media Reveals Lifetime Movie Deals With Queen Latifah And Taraji P. Henson According to Deadline, on Wednesday, March 4, during its Upfront presentation, the network revealed it is entering the microdramas space, while inking deals for new projects with several notable actors, including Queen L...
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Noem Performs On Stage Minutes After Being Fired Maybe theHorseback Rides Across Mount RushmoreWere Worth It While social media was lighting up with reactions to President Trumps Truth
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Top American admiral in the Middle East says the US struck an Iranian drone carrier. He said 'it's on fire.' Adm. Cooper also said Iranian ballistic missile strikes are down 90% from the first day of the war, and drone strikes are down 83%.
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Will your travel insurance cover flight delay or cancellation? Here's what you need to know amid Gulf airspace closures With rising tensions in West Asia, airlines are rerouting or suspending flights, complicating travel plans. Travellers should review their insurance policies for coverage on delays and cancellations, as benefits differ.
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Is iPhone 17e Worth It? Launch Date and Pre-Order Details Revealed as Xcode Leak Confirmed 8GB of RAM Apple's iPhone 17e goes on preorder 4 March with a $599 starting price, 256GB storage and a confirmed 8GB of RAM via an Xcode leak. The model is positioned as a more affordable entry into the iPhone 17 family without...
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Costco CEO says any tariff refunds it gets will flow back to members through 'lower prices and better values' Costco challenges the US government over IEEPA tariffs, with CEO Ron Vachris pledging to pass refund benefits to members.
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