News

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Fri, 24 Oct 2025 09:35:05 GMT

Target to cut corporate jobs

Target will cut about 1,800 corporate jobs to boost sales and streamline operations, new CEO Michael Fiddelke said, marking its first major layoff in a decade.

Fri, 24 Oct 2025 09:30:07 GMT

Google users want more money

Google users who won a $425M privacy verdict seek an extra $2.36B, saying it reflects profits from secretly tracking app data despite disabled account settings.

Fri, 24 Oct 2025 06:30:05 GMT

Honeywell raises profit outlook

Honeywell raised its 2025 profit outlook despite spinning off its materials unit, citing strong aerospace demand. Shares rose 5% as Solstice prepares to list Oct. 30.

Fri, 24 Oct 2025 03:30:04 GMT

American Airlines sees future profits higher

American Airlines raised its 2025 profit forecast, citing strong demand for premium services and better pricing power on U.S. routes.

Thu, 23 Oct 2025 21:30:03 GMT

Automakers do not want tariffs

Major automakers, including GM, Toyota, VW, and Hyundai, urged the Trump administration not to impose tariffs on factory robots and machinery amid a security probe.

Thu, 23 Oct 2025 18:30:05 GMT

Tesla recalls cybertrucks

Tesla is recalling 63,619 U.S. Cybertrucks over overly bright parking lights that could hinder visibility. A free over-the-air software fix has been issued.

Thu, 23 Oct 2025 15:30:04 GMT

Japanese want bigger wages

Japan's biggest labor union, Rengo, will seek 5%+ wage hikes in 2026, aiming for a fourth straight year of strong raises to offset inflation despite U.S. tariff pressures.

Thu, 23 Oct 2025 12:30:06 GMT

U.S government to take stake in quantum firm

The Trump administration is in talks to take equity stakes in quantum firms like IonQ, Rigetti, and D-Wave in exchange for at least $10M in federal funding each.

Thu, 23 Oct 2025 09:30:04 GMT

Meta to build another data center

Meta and Blue Owl struck a $27B deal to fund Meta's biggest data center. Meta keeps 20% stake; Blue Owl invests $7B, Meta gets $3B in one-time payout.

Thu, 23 Oct 2025 06:30:05 GMT

China becomes Germany biggest trading partner

China overtook the U.S. as Germany's top trading partner in Jan–Aug 2025, with trade totaling €163.4B, as U.S. tariffs hit German exports, data shows.

Thu, 23 Oct 2025 03:30:11 GMT

Warner Bros reject Paramount deal

Warner Bros Discovery rejected a nearly $60B offer from Paramount Skydance and will now explore other sale options, sources told Reuters.

Wed, 22 Oct 2025 21:35:04 GMT

Beyond Meat to have meat in Wallmart

Beyond Meat shares surged 80% after announcing its burgers and chicken will launch in 2,000 Walmart stores across the U.S., expanding its retail footprint.

Wed, 22 Oct 2025 21:30:09 GMT

Barclays raises outlook

Barclays raised its 2025 outlook, announced a £500M buyback, Q3 profit dipped 7%, hit by car loan scandal and impairment charges.

Wed, 22 Oct 2025 18:35:08 GMT

Tesla recalls vehicles

Tesla is recalling 12,963 U.S. vehicles due to a battery connection issue that could cause loss of drive power, per the National Highway Traffic Safety Administration.

Wed, 22 Oct 2025 18:30:05 GMT

Hack costs almost £2.0B to the UK

The JLR hack in August cost the UK £1.9B and hit 5,000+ firms, says Cyber Monitoring Centre. Losses may grow if production delays persist.

Wed, 22 Oct 2025 15:35:04 GMT

Rio Tinto possibly to swap assets

Rio Tinto may swap assets with Chinalco, cutting its 11% stake to regain deal flexibility and resume buybacks after 15+ years of governance limits.

Wed, 22 Oct 2025 15:30:04 GMT

Shutdown impacts confidence

United CEO says a prolonged U.S. government shutdown could hurt flight bookings as confidence fades, though no impact seen yet. Risk to economy grows daily.

Wed, 22 Oct 2025 12:35:07 GMT

UK inflation at 3.8%

UK inflation stayed at 3.8% in September, defying forecasts. This raises hopes for a rate cut and gives finance minister Rachel Reeves a boost before November's budget.

Wed, 22 Oct 2025 12:30:04 GMT

U.S and Australia sign a deal

Trump and Australia's PM signed a rare earths deal worth up to $8.5B to cut China reliance. $3B+ to be invested in 6 months; $2.2B backed by U.S. EXIM Bank.

Wed, 22 Oct 2025 09:30:05 GMT

CoreWeave CEO happy about the new deal

CoreWeave CEO says $9B Core Scientific deal is "nice to have, not need to have" as ISS urges shareholders to reject it and Core Sci stock keeps rising.

Wed, 22 Oct 2025 06:30:07 GMT

Disney cancelation rises

Disney+ and Hulu cancellations doubled after Kimmel's suspension under Trump admin pressure, sparking backlash and a record-breaking return for the host.

Tue, 21 Oct 2025 21:30:04 GMT

U.S. farmers do not approve beef imports from Argentina

U.S. farmers slammed Trump's idea to import more Argentine beef to cut record prices, after losing soybean sales to Argentina and a $20B aid deal with it.

Tue, 21 Oct 2025 18:30:05 GMT

Argentina bailout needs collateral

U.S. banks, including JPMorgan and Goldman Sachs, are wary of lending $20B to Argentina without guarantees, despite Treasury efforts to back the plan.

Tue, 21 Oct 2025 15:30:04 GMT

Elon Musk's compensation is not welcomed

Glass Lewis urged Tesla shareholders to reject Elon Musk's $1T pay package, echoing ISS's call against what could be the largest CEO compensation ever.

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