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Crude oil spikes as Iran says stopping talks with U.S., will 'completely' block Strait of Hormuz - Seeking Alpha
business 2026/06/01 14:16:37

Crude oil spikes as Iran says stopping talks with U.S., will 'completely' block Strait of Hormuz - Seeking Alpha

Crude oil futures jumped after Iran’s Tasnim news outlet said Iranian negotiators will stop exchanging messages with the US through intermediaries and move to block the Strait of Hormuz.

Seeking Alpha
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Software stocks strike back, as Jensen Huang throws fuel on the fire with comments at Computex - Sherwood News
business 2026/06/01 14:06:50

Software stocks strike back, as Jensen Huang throws fuel on the fire with comments at Computex - Sherwood News

The Nvidia CEO said that it’s an “incredible time” to be a software company, as Nvidia unveiled the RTX Spark — a new superchip developed in collaboration with Microsoft which Huang promises will “reinvent” the PC.

Sherwood.news
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Manufacturing PMI® at 54%; May 2026 ISM® Manufacturing PMI® Report - PR Newswire
business 2026/06/01 14:00:00

Manufacturing PMI® at 54%; May 2026 ISM® Manufacturing PMI® Report - PR Newswire

/PRNewswire/ – Economic activity in the manufacturing sector expanded in May for the fifth consecutive month, say the nation’s supply executives in the latest…

PRNewswire
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Abusive passengers could be blacklisted from all airlines under new proposal - BBC
business 2026/06/01 13:42:12

Abusive passengers could be blacklisted from all airlines under new proposal - BBC

The scheme would allow airlines to share information on disruptive passengers and potentially restrict their access to flights.

BBC News
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UAW Goes on Strike at Key General Motors Truck Supplier Plant - WSJ
business 2026/06/01 13:31:00

UAW Goes on Strike at Key General Motors Truck Supplier Plant - WSJ

American Axle’s Michigan plant makes key parts for Chevy Silverado, GMC Sierra trucks

The Wall Street Journal
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'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT - CNBC
business 2026/06/01 11:00:01

'Disrupted or dead': AI is crushing a generation of startups built before ChatGPT - CNBC

The AI boom that has funneled more than $250 billion into OpenAI and Anthropic has left hundreds of startups built before ChatGPT’s arrival in 2022 stranded.

CNBC
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