Business News

AM Business Notebook 

For: April 27, 2026

>>Ahead Of The Bell  

(New York, NY)  --  The opening bell rings this morning on Wall Street after stocks closed mixed yesterday, the S&P 500 and the Nasdaq both rising to fresh record highs to start the week.  Gains were limited as oil prices edged higher over stalled Iran peace talks.  Tech shares provided lift with telecommunications giant Verizon up about three percent after its latest financial results.  At the closing bell, the Dow Jones Industrial Average lost 62 points to 49-167.  The S&P 500 rose 8 points to 71-73.  The Nasdaq gained 50 points to 24-887.

 

>>Budget Airlines Asking Feds For Gas Money

(Undated)  --  A group of budget airlines is asking the White House for two-and-a-half billion dollars to help stem the cost of jet fuel.  In exchange, the airlines would give the federal government the right to purchase stakes in the companies.  The Association of Value Airlines represents carriers like Frontier and Avelo and is heading up the request.  The group says the cash infusion would help "preserve vital industry competition."

 

>>Jury Seated In OpenAI Trial

(Oakland, CA)  --  A jury will decide if OpenAI failed to live up to commitments it made to stay a nonprofit company.  A nine-person jury was seated Monday in Oakland, California, where Elon Musk, who co-founded the artificial intelligence company, is suing OpenAI, CEO Sam Altman and President Greg Brockman.  Musk left the board in 2018 and later started rival xAI.

 

>>California Billionaire Tax Will Appear On November Ballot

(Sacramento, CA)  --  A plan to tax California billionaires will likely appear on the November ballot after supporters say they gathered enough signatures.  The campaign says it has collected over one and a half million signatures.   The measure would charge billionaires in California a one-time, five percent tax on their assets, such as stocks, art, businesses, and intellectual property.  It's designed to make up for federal health funding that was cut last year.  The tax targets billionaires living in California at the start of the year.  California has the most billionaires of any state.  Almost half the state's personal income tax revenue comes from them, the top one percent of earners.

 

>>WalletHub Releases Top Entry-Level Jobs For 2026

(Miami, FL)  --  WalletHub is out with a list of the best entry-level jobs for this year.  Hardware and software engineers along with certified nursing assistants were all ranked in the top five.  The rankings were based on factors like potential growth, overall availability and on-the-job hazards. 

 

>>Real Announces Acquisition Of RE/MAX 

(Miami, FL)  --  Technology-powered real estate broker Real says it's going to acquire the parent company of RE/MAX, in what's expected to be a 880-million-dollar deal.  Real says the business models of the two companies are complimentary, with it's AI-powered brokerage platform pairing with RE/MAX's branding and its thousands of agents around the world.  The transaction is expected to close by the end of the year.  The price tag for the deal is expected to be 880-million dollars. 

 

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