Business News

AM Business Notebook

For: May 27, 2026

>>Ahead Of The Bell (New York, NY) -- The opening bell rings this morning after stocks closed mixed yesterday as investors weighed prospects for a potential U.S.-Iran peace deal. A rally in technology stocks boosted the S&P 500 and the Nasdaq to new all-time highs. Shares of Micron jumped 21 percent lifting the company's market capitalization to one-trillion dollars. At the closing bell, the Dow lost 118 points to 50-461. The S&P 500 rose 45 points to 75-19. The Nasdaq climbed 312 points to 26-656.

 

>>American Airlines To Use Starlink For In-Flight Wi-Fi

(Fort Worth, TX) -- American Airlines will now be using Starlink for its in-flight wi-fi. The carrier announced on Tuesday that it plans to install the SpaceX internet provider on over 500 of its Airbus planes starting early next year. American began offering complimentary wi-fi for its frequent flyers back in January. The announcement comes as SpaceX is preparing to go public next month in what could be the biggest IPO ever.

 

>>Vermont Suit Against Meta Moving Forward

(Montpelier, VT) -- Add Vermont to the list of states getting the green light to sue Meta over its platforms allegedly addicting kids. On Tuesday, the Supreme Court refused to hear Meta's appeal of a lower courts ruling that allows the suit to move forward. Meta had been arguing Vermont doesn't have the jurisdiction. It's the latest in a series of legal battles Meta is fighting over whether its knowingly harming children with the design of its social media platforms. Meta just settled a similar suit brought by a school district in Kentucky.

 

>>Courts Halting Construction On MN Data Center

(Pine Island, MN) -- A judge is halting construction on a Minnesota data center. A temporary restraining order has halted work on a data center for Google in Pine Island, about 18 miles north of Rochester. The order comes as environmental advocates argue the project did not receive a thorough enough environmental review. A judge says the pause is needed to maintain current conditions while the lawsuit moves forward. Google hopes to build an 88-acre site with a 250-thousand-square-foot data center in Pine Island.

 

>>Nvidia To Invest $150 Billion In Taiwan

(Taipei) -- Nvidia sees Taiwan as the "epicenter" of the AI revolution. Speaking at an event today in Taipei, CEO Jensen Huang cheered the chipmaker's planned Taiwan headquarters and announced plans to invest around 150 billion dollars a year in Taiwan. 

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