Business News
Cisco CEO reveals real reason behind 4,000 job cuts
The Street - 16 May 2026 08:03
Cisco CEO reveals why 4,000 cuts are not a cost reduction and the company's plan to win the AI race.
Strategy to Repurchase $1.5B in Notes, Says Bitcoin Sales Could Fund Deal
Bitcoin.com - 16 May 2026 03:05
Strategy plans to repurchase about $1.5 billion of convertible notes, with the final price tied partly to its stock performance. The filing also lists bitcoin sales as a possible funding source, renewing focus on its tre...
Donald Trump Urges Chip Manufacturers to Move to US Amid Rising Taiwan-China Tensions
IBTimes - 16 May 2026 01:07
Donald Trump urges Taiwanese chip manufacturers to relocate to the US amid tensions with China, aiming to secure national tech dominance and reduce dependency on Taiwan.
Bitcoin Slides to $77,614 as US and Israel Weigh New Strikes on Iran
Bitcoin.com - 16 May 2026 13:45
Bitcoin fell below $78,000 (hitting a session low of $77,614), a drop that erased its monthly gains and shaved over $40 billion off its market cap. Bitcoin Slips Below $78,000 as Geopolitical Tensions Rise Bitcoin dipped...
Oysters, Champagne and Billionaires Buying Art
The New York Times - 16 May 2026 13:00
When the European Fine Art Foundation alights in Manhattan, its something like a billionaire version of the classic television game show Supermarket Sweep.
High gas prices and inflation are stressing people out - but the economy will be fine as long as they keep spending
Market Watch - 16 May 2026 13:00New York commuter rail system shuts down as workers strike
The Guardian - 16 May 2026 12:41
Workers at the Long Island Rail Road, serving the eastern New York metropolitan area, walked off the job on SaturdayNorth Americas largest commuter rail system was shut down on Saturday after unionized workers in the New...
Small caps are still riding high despite latest setback. But more trouble could lie ahead.
Market Watch - 16 May 2026 12:30U.S. Debt Is Now Bigger Than the Economy. Thats Not the Real Problem.
The New York Times - 16 May 2026 12:00
Washington quickly brushed off a startling milestone in a mounting problem.
Dropbox chief people officer: The hybrid work model is the worst of all worlds
Fast Company - 16 May 2026 05:00
While other companies roll out RTO mandates, Dropbox is embracing a virtual-first model for its workforce. As companies battle it out with employees over RTO policies, Dropbox is choosing to stay out of the drama by prio...
Salesforce CEO Marc Benioff said his company will likely spend $300M on Anthropic tokens
Business Insider - 16 May 2026 03:08XRP Ledger Activity Jumps as Price Tests $1.55, Large Wallets Set Record
Bitcoin.com - 16 May 2026 01:45
XRP Ledger activity climbed as XRP cleared $1.54, with Santiment reporting 48,453 active wallets and the strongest network growth reading since March. The surge pointed to renewed participation as price momentum returned...
Mike Perry Batters Nate Diaz In Bloody TKO Win
Forbes - 16 May 2026 23:44
Mike Perry battered Nate Diaz over two bloody rounds at MVP MMA 1, with Diaz's corner pulling him out at the end of Round 2 for an official doctor's stoppage TKO at 5:00.
What Is the Self Employment Tax Deduction and How Does It Work?
Small Business Trends - 16 May 2026 23:34
Discover what the self employment tax deduction is and how it works. Learn how to maximize your tax savings as a self-employed individual, including eligibility requirements and tips for claiming this valuable deduction....
Health Chief Overseeing Trump's Hantavirus Crisis Is a Penile Implant Specialist and Hosted a Show Called 'Erection Connection'
IBTimes - 16 May 2026 23:27
Admiral Brian Christine, a urologist, leads the U.S. response to the hantavirus crisis, sparking debate over his medical background and public health views.
Kash Patel Won't Reveal Who Paid for Private Luxury Suite at George Strait Concert With His Girlfriend After Flying There on a Government Jet
IBTimes - 16 May 2026 23:14
FBI Director Kash Patel faces criticism for using government resources for luxury travel and unprecedented security for his partner, raising questions about adherence to federal protocols.
Conor McGregor Vs. Max Holloway 2 Is Official: Here's Everything We Know
Forbes - 16 May 2026 23:12
The UFC has officially announced Conor McGregor vs. Max Holloway 2 as the main event of UFC 329 on July 11, 2026 in Las Vegas. McGregor returns from a five-year layoff.
Americans face unexpected opportunity after housing market shift
The Street - 16 May 2026 23:10
The spring 2026 housing market has given buyers and real estate investors an edge, according to one industry expert.
ITR Filing 2026: Foreign assets in your portfolio? Here's why you should not miss Schedule FA disclosure
livemint.com - 16 May 2026 23:08
Taxpayers with foreign investments must disclose them in Schedule FA when filing income tax returns. Resident and Ordinarily Resident taxpayers are required to report foreign assets, regardless of income generated, to av...
Francis Ngannou Scores Highlight-Reel KO In MVP MMA 1 Debut
Forbes - 16 May 2026 22:53
Francis Ngannou knocked out Philipe Lins with a temple shot in Round 1 at MVP MMA 1, the first MMA card ever streamed on Netflix. Herb Dean stopped the fight.
Mistral AI's CEO says Europe has 2 years to stop becoming America's AI 'vassal state'
Business Insider - 16 May 2026 22:35Tokenized RWA Market Hits $34.5B With 100% Annual Growth as Institutional Inflows Grow
Bitcoin.com - 16 May 2026 22:30
The tokenized real-world asset market crossed $37.5 billion in total market capitalization in May 2026, marking 100% growth year-on-year amidst deepening institutional demand for onchain yield. Institutions Pile Into Onc...