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Top 1236 business News Today

#1
Xbox Hires Matthew Ball as Chief Strategy Officer
#1 out of 1,2360.17%
technology22h ago

Xbox Hires Matthew Ball as Chief Strategy Officer

https://variety.com/2026/digital/news/xbox-matthew-ball-chief-strategy-officer-1236755179/https://www.theverge.com/report/934687/xbox-matthew-ball-strategy-officer-hirehttps://www.thegamebusiness.com/p/xbox-expands-leadership-team-with
Variety.com and 8 more
  • Xbox appoints Matthew Ball as chief strategy officer to sharpen long-term direction and boost leadership fundamentals at the gaming giant.
  • The leadership refresh names Scott Van Vliet as chief technology officer, signaling a coordinated push on strategy and product execution.
  • The moves come amid ongoing leadership changes under CEO Asha Sharma to steer Xbox toward a clearer roadmap for 2026 and beyond.
Vote 24
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#2
Jeff Bezos Admits That Everyone Thinks ‘Melania’ Movie Is a Grift
#2 out of 1,23689.9K est. views8.87%
business1d ago

Jeff Bezos Admits That Everyone Thinks ‘Melania’ Movie Is a Grift

  • Bezos denies role in Melania Trump documentary, saying people are very curious and the project was a smart business decision for Amazon.
  • The project cost $40 million to make and $35 million to market, underscoring the scale of the rollout from theaters to Prime Video.
  • Bezos dismisses the idea that government subsidies for Hollywood are appropriate, arguing such subsidies are ineffective and should not apply to this documentary.
Vote 25
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#3
NHL, Honeywell partner to improve fan experience | NHL.com
#3 out of 1,2360.00%
business1d ago

NHL, Honeywell partner to improve fan experience | NHL.com

https://www.nhl.com/news/nhl-honeywell-partner-to-improve-fan-experiencehttps://www.prnewswire.com/news-releases/honeywell-and-national-hockey-league-partner-to-drive-a-new-era-of-intelligent-digitally-enabled-venues-302776359.htmlhttps://www.sportsbusinessjournal.com/Articles/2026/05/20/nhl-honeywell-begin-collaboration-to-make-arenas-at-all-levels-more-affordable-and-accessible/
Nhl.com and 4 more
  • NHL and Honeywell announced a multi-year global partnership naming Honeywell the Official Building Automation and Energy Management Partner of the NHL.
  • The collaboration uses AI-enabled building automation to optimize energy use, boost reliability, and minimize disruptions during events.
  • The partnership also supports community rinks, helping them operate more efficiently and maintain secure, well-managed environments that make hockey more accessible at the local level.
Vote 16
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#4
Reports: US to Award $2 Billion to Quantum Companies, Take Equity Stakes
#4 out of 1,236316.67%

Reports: US to Award $2 Billion to Quantum Companies, Take Equity Stakes

  • The Department of Commerce today announced signing letters of intent to provide $2.013 billion in federal incentives under CHIPS and Science Act.
  • GlobalFoundries will receive $375 million to establish a secure, domestic quantum foundry for leading architectures and multiple modalities.
  • IBM will receive about $1 billion to establish a new quantum foundry subsidiary for quantum-grade superconducting wafers and U.S. leadership.
Vote 5
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#5
UK inflation eases more than expected to 2.8%, led by lower electricity and gas bills – business live
#5 out of 1,2360.00%
business1d ago

UK inflation eases more than expected to 2.8%, led by lower electricity and gas bills – business live

https://www.theguardian.com/business/live/2026/may/20/uk-inflation-eases-lower-electricity-gas-bills-iran-war-business-latest-news-updateshttps://www.independent.co.uk/news/business/inflation-iran-office-for-national-statistics-rachel-reeves-b2980043.htmlhttps://www.radionewshub.com/articles/news-updates/Inflation-drops-back-by-more-than-forecast-as-energy-offsets-Iran-war-fuel-hit
Theguardian.com and 3 more
  • UK CPI eased to 2.8% in April as electricity and gas prices fell, aided by the Ofgem cap relief and government support.
  • Analysts credit the April slowdown to Ofgem’s energy-cap update on April 1, with expectations that July cap relief may offset some effects.
  • Markets expect the BoE to raise rates by 25 basis points at the July meeting, but policymakers remain cautious given fragile growth and wage dynamics.
Vote 9
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#6
‘We’re building this to give back to the fans who support artists the most’: Spotify is reserving concert tickets for top fans to fight against scalpers and Ticketmaster battles — so now you won't have to worry about missing out on your favorite touring acts
#6 out of 1,236

‘We’re building this to give back to the fans who support artists the most’: Spotify is reserving concert tickets for top fans to fight against scalpers and Ticketmaster battles — so now you won't have to worry about missing out on your favorite touring acts

https://www.techradar.com/audio/spotify/spotify-will-now-reserve-concert-tickets-for-artists-biggest-fanshttps://www.theverge.com/entertainment/935394/spotify-reserved-concert-ticket-presaleshttps://www.cnet.com/tech/services-and-software/spotify-offers-advance-concert-tickets-to-premium-users/
Techradar.com and 2 more
  • Spotify will reserve two tickets for top fans as part of a new Reserved program in the US for Premium subscribers.
  • Eligibility is based on streams, shares, and overall Spotify activity to identify real fans and avoid bots.
  • Fans who are selected will get a dedicated purchasing window to buy two tickets before the general sale.
  • Initially, Reserved will roll out in the United States with plans to expand to more markets later.
  • The program is designed to curb scalpers by ensuring 'real fans' have priority access.
  • Spotify plans to use location data or IP-based targeting to determine proximity for ticket offers.
  • Reserved access will not guarantee tickets due to limited venue capacity.
  • The program will initially focus on newly announced tours before expanding to broader tours.
  • Other live music initiatives are part of Spotify's broader strategy, including private podcasts coming soon.
  • If selected, fans will be notified by email and in-app alerts about Reserved eligibility.
Vote 2
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#7
NYC’s budget is riding the AI boom. Levine warns it’s not ready for a bust
#7 out of 1,236420.91%

NYC’s budget is riding the AI boom. Levine warns it’s not ready for a bust

  • New York City faces AI-related revenue gaps, with officials urging fully funded reserves to weather uncertainty and protect essential services.
  • Moody's projections show bearish scenarios for city finances through 2030, underscoring the risk spectrum from AI disruption.
  • A three-to-five-year AI window puts urgency on action now, aligning with calls to shore up budget buffers amid disruption.
Vote 4
0
#8
ARBE Q1'26 Earnings: revenue estimate is 478.80K USD
#8 out of 1,23622.51%
business4h ago

ARBE Q1'26 Earnings: revenue estimate is 478.80K USD

  • For Q1'26, revenue estimate is 93.69 million USD with EPS (earnings per share) anticipated at (0.39) USD.
  • DLTH's Q1'26 earnings release is slated for May 28 around the usual pre-market window, aligning with prior reporting patterns.
  • The reference reinforces that the Q1'26 revenue estimate stands at 93.69M USD, underscoring near-term focus on top-line performance.
Vote 6
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#9
Air France and Airbus guilty of corporate manslaughter for 2009 plane crash
#9 out of 1,23636.52%
world2h ago

Air France and Airbus guilty of corporate manslaughter for 2009 plane crash

https://www.theguardian.com/world/2026/may/21/air-france-airbus-guilty-corporate-manslaughter-2009-plane-crashhttps://www.dw.com/en/airbus-air-france-crash-corporate-manslaughter-court-ruling/a-77246335https://www.dailystar.co.uk/news/latest-news/breaking-air-france-airbus-guilty-37187616
Theguardian.com and 3 more
  • The Paris Appeals Court ruled Air France and Airbus ‘solely and entirely responsible’ for the 2009 AF447 crash, a landmark liability finding after years of court proceedings.
  • Both companies were ordered to pay the maximum fine of €225,000 each, a symbolic penalty amid the tragedy and families’ calls for accountability.
  • Relatives from France, Brazil and Germany gathered to hear the verdict, underscoring the international impact of the 2009 AF447 disaster.
Vote 4
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#10
Fed minutes from divisive meeting show officials prepping for possible rate hike as inflation fears intensify
#10 out of 1,23611.12%
business20h ago

Fed minutes from divisive meeting show officials prepping for possible rate hike as inflation fears intensify

https://nypost.com/2026/05/20/business/fed-minutes-from-divisive-meeting-show-officials-growing-more-worried-about-inflation/https://www.cnbc.com/2026/05/20/fed-officials-see-rate-hike-ahead-if-inflation-stays-elevated-minutes-show.htmlhttps://www.nbcnews.com/business/economy/fed-officials-concerns-inflation-sparked-talk-rate-hike-rcna346161
Nypost.com and 3 more
  • A majority of participants indicated some policy firming would be appropriate if inflation remains above 2 percent, signaling a potential rate hike ahead.
  • The Fed left rates at 3.50%–3.75% but four policymakers dissented, the most since 1992, underscoring a divided stance.
  • Incoming Chair Kevin Warsh faces a hawkish group as he prepares for a June meeting, shaping policy with inflation volatility in mind.
Vote 4
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