United States · Business
Same event, multiple sources, transparently cited.
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Shein to acquire US apparel brand Everlane for $100 million
Chinese e-commerce giant Shein is acquiring US apparel retailer Everlane for $100 million, approved by Everlane’s board on May 16, 2026.
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Trump regrets not securing larger US government stake in Intel amid chip surge
Donald Trump said he should have asked for a bigger US government stake in Intel during 2025 negotiations that led to a $10B investment and 10% ownership.
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NextEra Energy to acquire Dominion Energy in $67 billion all-stock deal
NextEra Energy announced plans to buy Dominion Energy in a $67 billion merger creating the largest U.S. regulated electric utility by market value.
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Siemens announces €6 billion share buyback amid rising orders and profit misses
Siemens will repurchase up to €6 billion of shares over five years despite profit decline and geopolitical challenges.
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European stocks rise as technology gains and UK politics stir investor interest
The Stoxx Europe 600 Index climbed 0.8% as life sciences and tech stocks gained amid UK political tensions and US-China talks.
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Consumers sue Amazon for failing to refund unlawful tariff costs from Trump-era duties
A class action lawsuit was filed May 15, 2026, against Amazon in Seattle seeking refunds for unlawful tariffs passed to consumers.
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Swatch-Audemars Piguet Royal Pop watch launch triggers chaos and store closures worldwide
Swatch's Royal Pop watch launch on May 16 sparked large crowds, fights, police interventions, and store closures in major cities globally.
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JPMorgan warns UK bank tax hikes could end London HQ plans
JPMorgan CEO Jamie Dimon warned higher UK bank taxes may force the bank to scrap its planned London headquarters.
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VinFast to shed $6.9 billion debt by spinning off Vietnam factories
VinFast will sell two Vietnamese factories to cut about $6.9 billion in debt and create a standalone manufacturing company.
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Global government bond yields hit multiyear highs amid inflation and oil price surge
Yields on US, Japanese, and other major government bonds surged in May 2026 due to inflation fears and war-driven oil price rises.
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Anthropic warns investors of unauthorized secondary sellers offering its shares
Anthropic warned investors that buying shares from eight unauthorized secondary platforms will not be recognized by the company.
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Markets see 37% chance of Fed rate hike in 2026 after hotter inflation data
Following hotter-than-expected inflation, markets price a one-in-three chance of a Fed rate hike by end of 2026.
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United Airlines Flight Attendants Approve Five-Year Contract with 31% Pay Raise
United Airlines flight attendants approved a new five-year contract including a 31% average pay raise and $741 million retroactive pay.
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DoorDash's in-store restaurant tech push threatens payments firm Toast, analyst says
DoorDash plans an in-store restaurant technology expansion that could challenge payments firms like Toast, prompting a stock downgrade.
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JPMorgan CEO Jamie Dimon says Iran war effects worsen, wealthy US consumers keep spending
JPMorgan CEO Jamie Dimon said the Iran war's impact is worsening daily and wealthier Americans continue to spend confidently.
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Delivery Hero CEO Niklas Östberg to resign by March 2027 after investor pressure
Delivery Hero CEO Niklas Östberg will step down by March 31, 2027, after activist investors increased pressure on the company.
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US Treasury yields rise amid climbing oil prices and faster inflation
US Treasury yields increased by 2 to 5 basis points on May 12 as oil prices rose and inflation accelerated, fueling expectations of Fed rate hikes.
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Harvard faculty vote on proposal to cap A grades at 20% plus four students
Harvard University faculty began voting May 12 on a plan to limit A grades in undergrad courses to 20% of the class plus four more students.
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Orange to Double Solar-Powered Base Stations Across Africa
Orange announced plans to double its solar-powered base stations across Africa to expand clean-energy use.
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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.