BUSINESS

May 03 2026BUSINESS

OPEC+ moves forward with oil production plan despite UAE exit and regional conflicts

Seven major oil producers in OPEC+ have quietly decided to slightly increase their oil output next month, adding about 188, 000 barrels per day. This decision happens even as one of their key members, the UAE, announced it was leaving the group. The increase mirrors a similar move last month, but wi

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May 03 2026BUSINESS

Cleaner Energy, Smarter Factories: How a Fast-Growing Startup is Changing the Game

A little-known energy tech company quietly set some big goals back in 2025 and actually met them. This startup, now selling gear in 85 countries, cut the power its products use by half—or even more—compared to the year before. Its inverters, battery boxes, and car chargers all drank less electricity

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May 03 2026BUSINESS

When Rules Clash: Who Really Wins in the Tech Battle?

Australia’s latest move in the digital world has sparked a global debate. The country wants to force big tech companies—like Meta, Google, and TikTok—to pay news organizations for linking to their content. But what started as an "incentive" is really a heavy-handed rule. If these companies refuse, t

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May 03 2026BUSINESS

Big Power Company Gets Legal Breathing Room in Wildfire Cases

A major energy company just won a legal round that could change how wildfire lawsuits work. In a decision that surprised many, an Oregon court decided wildfire victims can’t sue as one big group. This means individual cases must be handled separately instead of bundling them together. The company, P

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May 03 2026BUSINESS

Buying a small business? Here’s how to do it without starting from zero

Many people think entrepreneurship means starting something brand new, but buying an existing business can be a smarter move. Research shows over half of baby boomer business owners plan to sell in the next five years, meaning plenty of opportunities are coming up for sale. You don’t need millions t

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May 03 2026BUSINESS

A Local Seafood Spot Closes After 46 Years

For over four decades, a small but beloved seafood spot in Dana Point Harbor served up fresh catches and classic meals. Now, Jon’s Fish Market will close its doors on May 3 after owner Shala Mansur O’Keefe decided the daily grind of running a business had become too much. Health struggles and financ

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May 02 2026BUSINESS

Turkmenistan’s Quiet Shift: From Secrecy to Online Growth

In the heart of Turkmenistan’s capital, a bright office buzzes with activity. Azat Seyitmuhammedov, a 38‑year‑old dad of six, runs an e‑commerce company called Wabrum. He started it nine years ago, and today the business ships Turkish clothing across the country from a local warehouse. In places lik

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May 02 2026BUSINESS

Spirit Airlines Ends Operations After 34 Years

The once‑buzzy low‑fare carrier, known for its bright yellow planes and cheeky marketing, has announced it will shut down immediately. Spirit’s website states that every flight is cancelled and customer service has closed, urging passengers to expect refunds but offering no assistance with altern

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May 02 2026BUSINESS

Tanger’s Growth: More Profit and a Wider Reach

Tanger, the retail chain known for its large stores, reported a rise in earnings this quarter. The company’s profits grew compared to the same period last year, showing a healthy financial trend. The increase comes even as shoppers shift online. Tanger is adapting by adding new services that go bey

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May 02 2026BUSINESS

AutoNation Turns to Service and Finance as Sales Slow

AutoNation’s first‑quarter earnings showed that the company is leaning more on its service and finance arms to keep profits up. The retailer earned $4. 69 per share, topping the $4. 51 forecast from analysts, while total revenue slipped 2 % to $6. 552 billion and missed the expected $6. 651 billi

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