Business news
- U.S. sanctions Iranian, Venezuelan groups tied to weapons trade - The sanctions come a day after President Donald Trump threatened Iran over attempts to rearm, and amid a monthlong pressure campaign against Venezuela.
- These restaurant chains closed locations in 2025 - Chains like Starbucks, Wendy's and Denny's announced plans to close underperforming restaurants in 2025.
- Home prices are getting slightly more affordable, but down payments are still holding buyers back - Housing is getting more affordable thanks to lower prices and lower mortgage rates, but it still takes more time to save for a down payment than pre-pandemic.
- Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC - TechSoftbank has fully funded $40 billion investment in OpenAI, sources tell CNBCPublished Tue, Dec 30 20259:10 AM ESTUpdated 2 Min AgoSamantha Subin@samantha_s
- Eurostar warns of ‘major disruption’ as power outage halts services between France and England - The disruption brings one of Europe's busiest international rail corridors to a halt at the peak of the New Year travel season.
- Copper on pace for best year since 2009 as AI demand, supply fears fuel record price rally - Analysts say copper's record-breaking run could continue next year, citing supply disruptions and masssive spending on artificial intelligence.
- Silver soars after tumbling on Monday, capping 2025 with another wild ride - The precious metal rally continued Tuesday as gold and silver recovered from Monday's selloff.
- Ukraine denies attacking Putin's residence with drones - Ukraine has denied an allegation by Russia that it launched a drone strike on one of Russian President Vladimir Putin's "official residences."
- UK's Octopus Energy to spinoff AI unit Kraken at $8.65 billion valuation - British renewable energy startup Octopus Energy is set to spin out its AI tech unit Kraken Technologies, as an independent company valued at $8.65 billion.
- China EVs in 2026 look less like a boom and more like a survival test as global expansion ramps up - Analysts predict China's electric car market will see growth slow significantly in the year ahead.