BUSINESS NEWS
- Danube River’s shrinking water levels expose dozens of World War II ships
by The Associated Press, Marko Drobnjakovic on August 4, 2026 at 9:29 pmAmidst record-low water levels that have caused governments across Europe to plan for electricity shortages, German ships sunk in the war are resurfacing.
- Europe’s long, hot summer leads to thousands evacuated and fire operators dead
by The Associated Press, Derek Gatopoulos, Sylvie Corbet on August 4, 2026 at 9:29 pmFrance, Greece and the United Kingdom have faced severe heat and dry weather—leading to emergency fire operations and drought conditions.
- Trump meets AI giants, Senate Dems decry ‘unpredictable’ governance — and cheap Chinese AI looms as giant security risk
by Catherina Gioino on August 4, 2026 at 9:24 pmWhile Democrats say the lack of clear rules will lead to American firms choosing Chinese AI companies over domestic ones, experts say it's the cost.
- SpaceX revenue surges to $7.8 billion, blowing past Wall Street expectations by nearly $1 billion
by Amanda Gerut on August 4, 2026 at 8:19 pmSpaceX posted $7.8 billion in quarterly revenue, surging ahead of the $6.9 billion consensus, as Starlink subscribers doubled to 12 million and $14.1 billion in new AI contracts turbocharged financial results.
- Wall Street’s hidden recruiting pipeline isn’t an Ivy League diploma—it’s the teammate who triples your odds of getting hired
by Mia Osmonbekov on August 1, 2026 at 8:00 amA new study of more than 120,000 Ivy League graduates finds locker room ties, not diplomas, do the real gatekeeping into finance's top firms
- Inside Ikea’s big bet on humans in the age of AI
by Claire Zillman on July 30, 2026 at 7:00 amAfter rolling out a customer service bot, the Swedish retailer is remaking—not replacing—its workforce.
- The IPO hype cycle returns
by Sam Forsdick on July 28, 2026 at 2:56 pmIn 2016, Fortune cautioned investors of a tech IPO reckoning. A decade on, the warning is worth heeding once more as a new set of companies chase a trillion-dollar debut.
- Europe’s employers face a new challenge—keeping workers safe during heatwaves
by Oliver Balch on July 27, 2026 at 11:20 amAs temperatures hit record peaks across the continent, European companies are shifting working hours and issuing cooling kits to keep workers safe and preserve productivity.
- Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
by Jordan Blum on July 24, 2026 at 7:00 amFor nearly a century, SLB has helped energy companies find hard-to-reach reserves. Now the global energy realignment is giving the French-Texan company a fresh growth story.
- A $75 billion valuation, 75 million global customers and on its way to America—Revolut is London’s disruptor extraordinaire
by Kamal Ahmed on July 3, 2026 at 10:26 amInvestors are betting big on Revolut. Valued at $75bn in its latest fundraising round, the fintech is targeting a $200bn-plus IPO with backing from Nvidia and SoftBank