United States · Business
Same event, multiple sources, transparently cited.
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Elon Musk says he is not selling SpaceX shares as IPO filing nears
Elon Musk confirmed he is not selling any SpaceX shares ahead of the company's IPO filing expected May 20, 2026.
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Berkshire Hathaway CEO Greg Abel triples Alphabet stake, adds Delta Air Lines in Q1 overhaul
Greg Abel, Berkshire Hathaway CEO since January 2026, significantly reshaped the equity portfolio by tripling Alphabet shares and buying Delta Air Lines in Q1 2026.
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Undersea fiber optic cables form fragile backbone of global internet connectivity
Undersea fiber optic cables serve as the global internet backbone but remain vulnerable to disruptions like the 2022 Tonga eruption.
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New York to impose 1% tax on cash home purchases over $1 million in NYC
New York lawmakers plan a 1% tax on cash purchases of homes over $1 million in New York City, aimed at raising $160 million annually.
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Gold prices fall 2%-4% mid-May amid rising US inflation and higher Treasury yields
Gold prices declined 2% to 4% mid-May 2026 on accelerating US inflation, higher Treasury yields, and a stronger dollar.
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Silver prices fall below $80 after early-week surge amid US inflation concerns
Silver prices dropped sharply Friday below $80 an ounce after surging close to $90 earlier this week due to US inflation fears and rising interest rate expectations.
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Jerome Powell steps down as Federal Reserve chair after two terms managing crisis response
Jerome Powell’s term as Federal Reserve chair ends May 15, 2026, succeeded by Kevin Warsh; Powell remains on the Fed board.
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Calbee shifts to black-and-white packaging due to ink ingredient shortages from Iran war
Japanese snack maker Calbee will use black-and-white packaging for 14 products starting May 25 due to naptha shortages caused by the Iran conflict.
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Global markets tumble on May 15 amid inflation fears, Middle East conflict, and rising oil prices
Global equity markets including US, Asian, and European indices fell sharply on May 15 due to inflation concerns linked to Middle East tensions and soaring oil prices.
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Bill Ackman's Pershing Square builds $2.1 billion stake in Microsoft
Bill Ackman's hedge fund Pershing Square took a $2.1 billion position in Microsoft, calling it a core holding.
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Donald Trump made $220M-$750M in stock trades across major US firms in Q1 2026
Donald Trump conducted thousands of stock and bond trades in top US companies during the first quarter of 2026, valued between $220 million and $750 million.
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Small plane crashes into Ohio home, killing two and sparking fire
A Piper PA-28 crashed into a house in Akron, Ohio, killing both on board and causing a fire on May 14.
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Yellowstone spinoff 'Dutton Ranch' premieres on Paramount+ to strong reviews
Paramount+ debuted "Dutton Ranch" on May 15, continuing Yellowstone with Kelly Reilly and Cole Hauser in lead roles.
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OPEC+ to Complete Oil Quota Increases by End of September 2026 Despite Export Challenges
OPEC+ plans to finish restoring two-thirds of its 2023 oil production cut by September 2026 amid export blockages.
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Starbucks cuts 300 US corporate jobs, closes regional offices as part of restructuring
Starbucks announced on May 15 it will lay off 300 US corporate employees and close several regional offices, continuing its cost-cutting plan.
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US Treasury yields surge amid inflation and Federal Reserve leadership changes
US Treasury yields, including 10- and 30-year bonds, rose sharply amid inflation and Federal Reserve Chair Kevin Warsh’s debut.
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LVMH agrees to sell Marc Jacobs brand to WHP Global and G-III Apparel Group for $850M
LVMH will sell the Marc Jacobs label to WHP Global and G-III Apparel Group in a $850 million deal expected to close by end of 2026.
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South Korean stocks plunge as foreign investors sell $11.5B amid tech selloff
Foreign investors sold $11.5 billion in Korean stocks in May as Kospi dropped nearly 7% on May 15 amid tech share rout and strike concerns.
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Gautam Adani and nephew agree to pay $18 million to settle US SEC fraud case
Gautam Adani and nephew Sagar Adani agreed to pay $18 million to settle a US SEC civil fraud lawsuit and the DOJ will drop criminal charges.
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Meta employees protest mandatory mouse-tracking software on US laptops
Meta employees protested the installation of mandatory mouse-tracking software on company laptops at multiple US offices on May 12.
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Alphabet raises nearly $17 billion in overseas bonds, plans yen sale to fund AI infrastructure
Alphabet raised nearly $17 billion in euro and Canadian dollar bonds last week and is conducting a yen-denominated bond sale this month.
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China agrees to buy 200 Boeing jets, with potential to increase order to 750 planes
China has committed to purchasing 200 Boeing aircraft, with an option to expand the order to 750 planes, US President Trump said.
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Oil and LPG Shipments Rise Through Strait of Hormuz Despite US-Iran Restrictions
Nine large oil, fuel, and gas vessels have crossed the Strait of Hormuz since Sunday amid US and Iranian controls.
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Manipal Hospitals to start marketing $1 billion IPO next week
Manipal Health Enterprises plans to begin formal marketing for its $1 billion IPO next week, targeting a $12 billion valuation.