Business news
Read the latest verified Business news on BetaVoices, with related events, figures, and place-driven context.
This section currently has 81 approved stories, with the latest update on May 5, 2026.
Doris Fisher, Gap Co-Founder Who Helped Define Casual Retail, Dies at 94
Fisher opened the first Gap store with her husband, Don, in San Francisco in 1969 and helped shape the chain’s merchandising and image for decades
UK 30-year borrowing costs hit highest level since 1998
Yields rose as markets absorbed the impact of the Iran war, higher energy prices and political uncertainty before Thursday’s elections
James Murdoch’s Lupa Systems Reported in Talks for Most of Vox Media
A potential deal would push Lupa Systems deeper into the U.S. media business, though key terms and timing have not been established in the available report
Nissan to shut Sunderland production line and cut 900 European jobs
The carmaker says Sunderland’s two production lines will be consolidated into one, while separate talks cover wider European workforce reductions
Elon Musk to pay $1.5M to settle SEC suit over Twitter disclosures
The proposed settlement, which still needs a judge’s approval, resolves claims that Musk waited too long to disclose early Twitter stock purchases in 2022
US denies Iranian report that missiles hit Navy ship
CENTCOM said no U.S. Navy ships were struck as Washington began helping merchant vessels move through the Strait of Hormuz under “Project Freedom
Iran warns U.S. over Hormuz ship plan as oil stays above $100
Trump says the U.S. will help guide stranded vessels out of the blocked strait, but Iran says passage must be coordinated with its armed forces
Why prediction markets are sitting out the Kentucky Derby
Churchill Downs’ CEO says horse-racing wagers require track permission, and the Derby’s owners are not interested in cutting a deal with prediction platforms
Buyers emerge for former Hudson’s Bay stores in four cities
Court filings list prospective purchasers for ex-HBC sites in Vancouver, Calgary, Ottawa and Windsor, but do not disclose prices or redevelopment plans
UAE’s Opec exit tests the cartel’s grip on oil supply
The Gulf producer wants more room to pump after years of quota limits. The move may not drive prices during the Strait of Hormuz crisis, but it could reshape the market afterward