A faked AI-generated image of an explosion near the Pentagon on May 22 actually moved the stock market. While it may be the first AI image to do so, it’s not the first time fake news has led to serious financial damages. Here are five times fake reports caused real dips in the stock market…

The European Union and United Kingdom are divided on regulatory approval of Microsoft’s $69 billion acquisition of Activision Blizzard. The U.K.’s main concern is that the deal would give the Xbox maker too much control in the gaming arena. But this merger still wouldn’t give Microsoft the highest revenue in the industry. Here are the…

HBO’s hit series “Succession,” which gives an inside look at the world of corporate politics, comes to an end in May. At the fictional Waystar RoyCo, everyone is jockeying for lead job. But is the real world as crazy? Here are the real-life succession stories at some of America’s top companies in this week’s Five…

April’s jobs report out Friday morning, May 5, crushed economists’ estimates. The Bureau of Labor Statistics reported the economy added 253,000 jobs for the month, when around 180,000 were expected. Meanwhile, the unemployment rate edged back down to 3.4%, tying a near 70-year low. Since March 2022, the unemployment rate has stayed between 3.4% and…

A California college community is at ease following the arrest of a man suspected of a stabbing spree at city parks this week. And a horse trainer has now been suspended indefinitely from the Kentucky Derby following the sudden deaths of two of his horses. These stories and more highlight the daily rundown for Friday,…

The Writers Guild of America is on strike for the first time in 15 years, causing Hollywood productions to grind to a halt. The union says the transition to streaming has cut writers’ pay, while studios and producers are under pressure to cut costs as they attempt to turn a profit. Labor disputes in Tinseltown…

A third major U.S. bank has gone under in less than a two-month span. The federal government is now stepping in. And five people have been killed in a shooting rampage in Texas. Authorities say they have zero leads as a manhunt for the suspect is now on its third day. These stories and more…

President Joe Biden officially launched his reelection campaign on April 25. Poll after poll shows the 80-year-old’s age is a major concern for Republicans and even Democrats. But in business, age is just another sign of experience. Here are the executives working well into their golden years in this week’s Five For Friday.  #5: Frederick…

The Washington Commanders will be in the hands of Apollo Global founder Josh Harris after the $6 billion deal is finalized. It’s quite the return on investment for the team’s controversial owner Dan Snyder, who bought the team for $800 million in 1999. At the time, it was a record price for a U.S. sports…

The streaming wars are heating up with more and more competition entering the chat, even though most streaming services still fail to turn a profit. The streaming audience, at least, can’t get enough content. The majority of streamers have at least three subscriptions, according to tracking data from CivicScience. Here are the top streaming platforms…