The Supreme Court will expedite an appeal of a ruling that struck down most of President Trump's tariffs.
Why it matters: The blockbuster case will determine the future of Trump's efforts to reshape the global trade system, and potentially impact hundreds of billions of dollars in government revenue.
TelevisaUnivision, one of two major Spanish-language broadcasters in the U.S., has unveiled a new consumer ad campaign warning customers that YouTube parent Google plans to remove Univision from YouTube's core offering and move it to a Spanish-language package at an extra cost.
Why it matters: TelevisaUnivision is framing the move as a "Hispanic Tax" that makes Google look "evil."
Apple on Tuesday unveiled the iPhone 17 family of smartphones and a thinner iPhone Air model, along with new Apple Watches and an updated set of AirPods headphones.
Why it matters: Apple faces tremendous pressure to deliver a hit new device as the company lags behind competitors in the AI race.
Apple's next showcase event kicks off Tuesday, and the company is expected to debut another new iPhone.
Why it matters: Apple is expected to unveil the latest crop of iPhones and other hardware. The company faces tremendous pressure to deliver compelling devices after slow progress in the AI race.
Anglo American on Tuesday said it's agreed to buy Canada's Teck Resources, via an all-stock deal that would give the combined company a market cap of around $53 billion.
Why it matters: This would create one of the world's largest miners of copper, a metal essential to both data centers and renewable energy.
Level99, which is best-described as a real-world gaming venue for adults, tells Axios that it's raised $50 million from ACT III Holdings, the investment firm led by Panera founder and Cava chairman Ron Shaich.
Why it matters: "This could be the most exciting business I've ever been involved with, and that includes Cava," Shaich says.
The U.S. economy added 911,000 fewer jobs in the year ending in March than estimated, the Bureau of Labor Statistics said on Tuesday.
Why it matters: The labor market had less momentum than previously known over the past year, even as the current hiring slowdown raises concerns about the economy's health.
Threats of AI's white-collar bloodbath are making blue-collar jobs look more attractive — but Gen Z and their parents are still choosing college, per a new report from home services software maker Jobber.
Why it matters: Pundits call Gen Z "the toolbelt generation," but the data says college-track kids aren't rejecting the traditional choice of higher education yet.
AI's energy needs and rising household power bills could lower political hurdles to passing a major permitting bill this year, American Petroleum Institute President and CEO Mike Sommers said.
Why it matters: The powerful oil and gas group on Tuesday is unveiling a policy framework it hopes will inform sweeping, bipartisan legislation.
Minute Media, the parent company to sports and entertainment sites like The Players' Tribune and Mental Floss, has acquired VideoVerse, a software platform that fuels real-time sports highlights for content companies, Minute Media CEO and founder Asaf Peled told Axios.
Why it matters: The deal marks the largest of the seven acquisitions completed in Minute Media's 14-year history. It's a signal of the company's push to double down on sports tech and video as its primary focus area.
Outside of Nvidia and Palantir, retail investors soured on Big Tech last month, according to Charles Schwab's trading activity index, STAX, which measures customer investing behavior.
Why it matters: Retail added risk over the month in other areas, indicating that the tech sentiment was driven by idiosyncratic valuation concerns.
A top South Korean official warned Tuesday that key elements of the country's trade deal with the U.S. are at risk, amid a dispute over how to deploy a $350 billion investment fund.
Why it matters: Tensions between the two allies could boil over quickly, as the trade dispute compounds with the fallout from last week's ICE raid at a Hyundai-linked battery plant in Georgia.
Julie Sweet, CEO of consulting giant Accenture, has a rare line of sight into the AI ambitions and worries of the world's biggest companies.
Her unvarnished view, backed by new data and CEO conversations: AI use at most big companies is slower and harder than hoped. CEOs are beyond obsessed with AI, she told us. But implementing it to immediately save money or boost productivity is frustratingly difficult.
Why it matters: Sweet argues it'll take a few years to move beyond the slow, hard phase for most companies. A big reason: Only by changing the mindset of leaders — and the complex processes inside companies — can you truly unlock explosive growth.
Tech giants' astronomical spending on AI infrastructure comes with a colossal hedge: In a crucial way, it's not really spending on AI at all.
Why it matters: Most of the hundreds of billions of dollars in AI-related capital investment today is going into computing power, hardware and buildings — assets that will retain real value even if AI itself never pays off.
