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Business News

Location American Business News for 29 May 2026

Pepsi makes big change to counter Coca-Cola

The Street - 29 May 2026 00:07
Pepsi makes big change to counter Coca-Cola The company quietly launched a new product range designed to compete with an existing Coca-Cola offering.
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How many employees does American Express have in 2026? Its workforce, locations, and layoffs explained Contrary to other corporate giants, AMEX has embraced the AI revolution while growing-and not laying off-its workforce; heres how they did it.
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Gold and silver prices have surged due to central bank purchases, geopolitical tensions, and AI-driven demand, with experts predicting continued growth in the precious metals market.
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Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus.
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Blue Origin rocket explosion: How space stocks are reacting just weeks before highly anticipated SpaceX IPO Markets saw major movements on Friday morning as investors digested a New Glenn accident. Blue Origin CEO Jeff Bezos says all personnel are safe. Blue Origins New Glenn rocket exploded Thursday night due to an anomaly du...
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CFTC Sues Rhode Island as State Rules Threaten Prediction Markets The Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling laws from being applied to federally regulated event-contract platfor...
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Anti-Crypto Army Lost: Ripple CEO Cites Trumps Future-Proof Crypto Push Ripple CEO Brad Garlinghouse framed President Trumps crypto post as a sign of a new U.S. policy opening for digital assets. XRP remains part of the broader market debate as lawmakers weigh clearer federal rules. Ripple C...
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Fidelity sends critical message to cash-heavy investors A common money habit may be quietly undermining investors.
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Anchorage Digital Backs Solstice as SLX Token Gains Institutional Support Anchorage Digital has taken a strategic investment position in SLX, the native token of Solana-based protocol Solstice. The move adds another regulated institutional player to Solstices network as demand grows for audita...
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Wix CEO sends startling message to employees on AI Wix CEO cut 20% of staff citing AI and the Israeli shekel. Here is what the memo said and what it means.
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Netflixs K-Pops! Movie Has A Big Rotten Tomatoes, Metacritic Gap Anderson .Paak's 'K-POPS!' movie hits Netflix May 30 with an 88% Certified Fresh Rotten Tomatoes score but a mixed 60 on Metacritic. Why the gap is so wide from reviews.
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Donald Trump Allegedly Purchased Millions in Dell Stock Just Weeks Before It Was Awarded $9.7B Pentagon Contract Donald Trump's portfolio bought at least 1 million dollars in Dell stock weeks before the firm secured a 9.7 billion dollar Pentagon contract, prompting ethics watchdogs to warn of glaring conflicts of interest.
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SFT filing deadline on May 31: Wrong PAN details and duplicate entries can impact your ITR; how to report errors The deadline for filing SFT for FY 2026-27 is May 31, 2026. Taxpayers should verify SFT transactions with their tax returns to avoid discrepancies that could lead to notices or refund delays. Here's what to do if you...
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Vanilla Ice remains committed to performing at the Freedom 250 festival in Washington, D.C., despite political controversies causing other artists to withdraw.
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President Trump's stock purchase in UFC's parent company raises ethics concerns as a major UFC event is planned at the White House, coinciding with his birthday and the US's 250th anniversary.
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Bitcoin dip buyers place $500M in bids as $70K retest looms Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.
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Why U.S. Bank is targeting vets, dentists opening new practices The Minneapolis-based bank is offering loans to providers planning to build practices from scratch - a reversal after years of serving only existing practices.
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Peter Thiel's move to Argentina reflects a growing trend among billionaires seeking a 'plan B' abroad Peter Thiel is reportedly moving to Argentina, part of a trend among billionaires looking to live abroad as they hedge their bets on the US.
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Why Yesteryear Is Everywhere

The New Yorker - 29 May 2026 22:30
From the daily newsletter: a book about a time-travelling trad wife has spent the past seven weeks on the New York Times best-seller list-but why?
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The Surreal Horror Of Backrooms, Explained

Forbes - 29 May 2026 22:22
The Surreal Horror Of Backrooms, Explained Backrooms shows the descent of Clark (Chiwetel Ejiofor) into the nightmarish otherworld- but what does the ending mean?
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I survived breast cancer. I wasn't prepared for what came next. I just hit my 5-year breast cancer remission anniversary. These are the 4 hard things no one told me about being a survivor.
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A mystery man tried to buy Playboys high-end lingerie business. It turned out to all be a scam. Prosecutors say Kevin Juin used money he raised to buy the company Honey Birdette to purchase luxury watches, jewelry, private-club memberships and OnlyFans subscriptions.
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