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US Said to Suspect Nvidia Chips Smuggled to Alibaba Via Thailand - Bloomberg.com
business 2026/05/08 07:56:32

US Said to Suspect Nvidia Chips Smuggled to Alibaba Via Thailand - Bloomberg.com

A key company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer Inc. servers containing advanced Nvidia Corp. chips to China, with Alibaba Group Holding Ltd. one of multiple end customers…

Bloomberg
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Stock futures are higher as traders monitor U.S.-Iran developments; April jobs report looms: Live updates - CNBC
business 2026/05/08 07:50:00

Stock futures are higher as traders monitor U.S.-Iran developments; April jobs report looms: Live updates - CNBC

Economists polled by Dow Jones are expecting job gains of just 55,000 last month and for the U.S. unemployment rate to remain at 4.3%.

CNBC
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Oil prices rise after US and Iran exchange fire in Hormuz strait - BBC
business 2026/05/08 01:02:00

Oil prices rise after US and Iran exchange fire in Hormuz strait - BBC

The flare-up further endangers the US-Iran ceasefire, which Trump extended indefinitely on 21 April.

BBC News
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Sound Transit plans to close $34.5B shortfall over 2 decades, reshaping light rail future - KOMO
business 2026/05/08 00:05:20

Sound Transit plans to close $34.5B shortfall over 2 decades, reshaping light rail future - KOMO

Sound Transit officials on Thursday outlined how they plan to address a projected $34.5 billion funding shortfall over the next two decades.The funding gap coul

KOMO News
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White House distances itself from tighter AI regulation - Politico
business 2026/05/07 23:15:00

White House distances itself from tighter AI regulation - Politico

The White House is looking for “partnership” with companies rather than pursuing “government regulation,” a senior White House official said.

Politico
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Microsoft unveils details of buyout push, offers cash and healthcare - The Seattle Times
business 2026/05/07 22:41:30

Microsoft unveils details of buyout push, offers cash and healthcare - The Seattle Times

Microsoft is offering a buyout program for employees that includes severance pay, continued healthcare and stock award vestments.

The Seattle Times
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