BUSINESS

May 22 2026BUSINESS

New Leader Drives LiveKit’s AI Growth

LiveKit, a platform that lets companies create voice, video and physical AI agents, has hired Tom Davies as its new Chief Revenue Officer. The move comes as the firm expands its sales, finance and marketing teams to keep pace with the rising demand from large businesses for voice‑driven AI solutions

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May 22 2026BUSINESS

Conduent Sells Transit Unit to Modaxo for $164 Million

Conduent has agreed to hand over its Public Transit division, which includes fare‑management and fleet‑control services, to Modaxo, a worldwide tech firm. The deal values the unit at $164 million and is slated to finish before the end of 2026. The unit supplies a range of systems used by cities a

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May 22 2026BUSINESS

North Carolina Takes Legal Action Against Vinfast Over Unfinished EV Plant

The state of North Carolina has filed a lawsuit against Vietnamese electric‑vehicle company Vinfast. The suit claims that Vinfast failed to honor its promise to build a new electric‑vehicle and battery factory in the state. According to the state’s attorney general, the company stopped work on the s

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May 22 2026BUSINESS

Smoother Path for Reno Bars to Host Late-Night Shows

Reno is testing a new rule that could let new bars in downtown and Midtown play live music late without jumping through old hoops. Instead of paying five grand and waiting months for a special permit, these businesses might get a faster track to keep the music going past 11 p. m. inside their doors.

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May 22 2026BUSINESS

Tech firm snaps up empty Silicon Valley office at a bargain

A Silicon Valley electronics company recently bought a large, empty office building in San Jose for about $18. 8 million—roughly a quarter less than what lenders had estimated it was worth. The 78, 200-square-foot property at 5729 Fontanoso Way had been sitting unused for years after a biotech start

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May 22 2026BUSINESS

Flight attendants: How spiritual leadership boosts service quality

Behind every smooth flight is a crew that keeps passengers safe and happy. Flight attendants do more than serve drinks—they handle emergencies, manage tight spaces, and shape how travelers feel about an airline. For airlines like Tibet Airlines, getting this right isn't just about smiles. It's about

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May 22 2026BUSINESS

Few ships dare to pass through the Strait of Hormuz now

The Strait of Hormuz used to buzz with over 125 ships every day. Today, just ten make the trip. Traffic dropped sharply after February’s conflict shut down the route. Hundreds of ships sit waiting in the Gulf with 20, 000 crew stuck on board. Most are dry bulk carriers or container ships bringing go

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May 21 2026BUSINESS

Target Shares Fall as Investors Warn About Tough Economy

The retail giant Target saw its stock drop after the company warned that a challenging economic climate could hurt sales. Analysts noted that rising interest rates and slowing consumer spending might reduce the amount shoppers are willing to spend in stores. The announcement caused investors to reth

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May 21 2026BUSINESS

New Start in Arizona, Old Loss in Massachusetts

The former owners of a once‑popular running shop have begun a fresh chapter in Arizona, offering retirement and financial advice under the name Ascension Impact. They moved away from Springfield after their previous business, 4Run3, shut down abruptly in May. While they promoted the new venture on s

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May 21 2026BUSINESS

Immigrant Start‑Ups Revive U. S. Business Boom

New research shows that in 2025, about 6. 6 million people launched a business, matching the numbers seen before COVID‑19. Immigrants opened 2. 3 million of these companies, twice the rate of native‑born citizens, making them a key part of the recovery. Latino founders started around 2 million firms

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