Business - The Slop News

Samsung Built the Chips Powering AI. Now Its Workers Want to Strike.

Samsung's memory chip workers were offered bonuses worth 607% of salary. Its foundry workers would get 50%. Now 45,000 employees are preparing to walk out for 18 days — and the global chip supply chain is holding its breath.

Maynard Keys May 15, 2026

Business

Cerebras at $95 Billion: AI Investors Aren't Waiting for Profits

$510 million in revenue, $95 billion valuation. Cerebras' blockbuster debut says more about the state of AI spending than it does about the chipmaker's own balance sheet.

Maynard Keys May 15, 2026

Business

Warsh Inherits a Fed That's Already Behind — and a Bond Market Doing His Job

The 30-year Treasury yield crossed 5% this week. Traders give Kevin Warsh less than a 2% chance of cutting rates. The bond market has already decided — before the new Fed chair even sits down.

Maynard Keys May 14, 2026

Business

The Case Against Adani Is Disappearing — And That Tells Its Own Story

A $265 million fraud indictment against Asia's richest man is dissolving after he hired Trump's personal lawyer and promised $10 billion in US investment. Prosecutors say the two things are unrelated.

Maynard Keys May 14, 2026

Business

Honda's First Annual Loss Since 1957 Caps a $10 Billion EV Miscalculation

Honda had never posted an annual loss in 69 years as a listed company. That streak ended with a ¥1.45 trillion writedown on an electric vehicle strategy that CEO Toshihiro Mibe is now dismantling piece by piece.

Maynard Keys May 14, 2026

Business

Cerebras Prices at $185, Raises $5.55 Billion — and the Math Gets Interesting From Here

The AI chipmaker priced above its expected range at a $40 billion valuation. Arm and SoftBank tried to buy it first. Neither fact answers the real question.

Maynard Keys May 14, 2026

Business

Warsh Confirmed as Fed Chair, Taking the Wheel as Wartime Inflation Surges

The Senate confirmed Kevin Warsh as Federal Reserve chair on a 54-45 vote. He inherits 3.8% inflation — nearly double the Fed's target — and a rate-setting committee where three members already think the next move might be up, not down.

Maynard Keys May 13, 2026

Business

The Chip Diplomat: Jensen Huang Boards Air Force One for Beijing

Nvidia's CEO wasn't on Monday's delegate list. By Tuesday, he was aboard Air Force One, headed to Beijing as chips become the new currency of superpower negotiation.

Maynard Keys May 13, 2026

Business

3.8%: The Iran War Is Now Everyone's Inflation Problem

Gasoline is up 28% in a year. The Strait of Hormuz is blocked. And the inflation report that landed Tuesday is really a global energy crisis wearing a Labor Department press release.

Maynard Keys May 12, 2026

Business

Zero Players, #5 on Steam: Battlefield 6's $25 DLC Explains Everything

A $24.99 Battlefield 6 season pass with zero concurrent players sits at #5 on Steam's Top Sellers chart. Four EA DLC packs launched the same day across four price tiers. The revenue math explains everything.

Maynard Keys May 12, 2026

Business

The $56 Billion Delusion: GameStop Tries to Swallow eBay, Gets Banned Instead

eBay didn't just reject GameStop's $56 billion takeover bid — it called it "neither credible nor attractive" and permanently banned CEO Ryan Cohen from the platform. The financing behind the offer has a $27 billion hole in it.

Maynard Keys May 12, 2026

Business

100 Million Barrels a Week: Hormuz Is Now the World's Problem

Saudi Aramco says the Strait of Hormuz closure is costing the world 100 million barrels of oil every week. Recovery could drag into 2027. Trump wants to suspend the US gas tax, and a Japanese snack company can no longer source enough ink to print colored packaging.

Maynard Keys May 12, 2026

Business

The Fed's Next Chair Inherits Inflation, a War, and a President Who Won't Shut Up

Kevin Warsh is about to take the most powerful economic job on earth. Inflation is climbing, commodity markets are reeling from the Iran conflict, and the president wants rate cuts yesterday.

Maynard Keys May 12, 2026

Business

Trump Wants to Suspend the Gas Tax. His Energy Secretary Can't Promise It Helps.

The federal gas tax is 18.4 cents a gallon. Gasoline costs $4.52. Trump's energy secretary, asked where prices go from here, said: "I don't know the future of gas prices."

Maynard Keys May 11, 2026

Business

The Iran War Just Killed Your Rate Cut Until Christmas — Maybe

Goldman Sachs just pushed its first rate cut call to December 2026 — three months later than expected. Oil above $111 a barrel and a blockaded Strait of Hormuz mean the Iran war is now your mortgage problem.

Maynard Keys May 11, 2026

Business

The Iran War Made Europe's Oil Traders $4.75 Billion. Their US Rivals Missed Out.

BP, Shell, and TotalEnergies generated up to $4.75 billion in trading profits from Iran war volatility. Their American competitors have no equivalent numbers to show.

Maynard Keys May 11, 2026

Business

Trump Mobile Collected $59 Million and Shipped Nothing

$59 million in customer deposits, 590,000 buyers, and revised terms saying payments 'do not create a binding legal contract.' Nearly a year later, Trump Mobile has not shipped a single phone.

Maynard Keys May 11, 2026

Business

Three Days' Notice: The UAE Walks Out of OPEC as the Iran War Fractures the Gulf

Israel deployed Iron Dome to defend Emirati airspace. Days later, Abu Dhabi walked out of OPEC without calling Riyadh. The Iran war didn't just disrupt oil supply — it broke the Gulf's security architecture.

Maynard Keys May 10, 2026

Business

China Walks Into Seoul With Rare Earths in One Hand and Leverage in the Other

Chinese officials are privately signaling they're no longer worried about US tariffs. The reason: they control $1.2 trillion in American economic output and the minerals the Pentagon needs to rearm.

Maynard Keys May 10, 2026

Business

The $852 Billion Divorce: Musk v. Altman Enters Its Final Week

Elon Musk wants $150 billion from the AI company he co-founded and then abandoned. After two weeks of testimony exposed the raw power plays behind OpenAI's rise, Sam Altman is about to take the stand.

Maynard Keys May 10, 2026