News

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Thu, 18 Sep 2025 15:30:04 GMT

Disney settles

A judge approved Disney's $233M settlement with over 51,000 Disneyland workers who claimed they were denied a living wage. The deal was called fair and reasonable.

Thu, 18 Sep 2025 12:30:10 GMT

SoftBank delays OpenAI joint venture

SoftBank's joint venture with OpenAI in Japan is delayed. It was planned for this summer, but setup is slow. An update is expected in November, per a source.

Thu, 18 Sep 2025 09:30:06 GMT

Mars to commit €1B in EU

Mars will invest €1B in EU by 2026 to boost manufacturing, sustainability, and innovation, adding to €1.5B spent in the past 5 years across 24 factories.

Thu, 18 Sep 2025 03:30:04 GMT

Kellogs probed by EU

EU antitrust regulators resumed their probe into Mars' $36B bid for Pringles maker Kellanova, with a decision due by Dec 19 after a brief pause in July.

Wed, 17 Sep 2025 21:30:05 GMT

Ben & Jerry's co-founder quits

Ben & Jerry's co-founder Jerry Greenfield quit, citing lost independence as Unilever curbed the brand's activism amid a deepening rift over its Gaza stance.

Wed, 17 Sep 2025 18:30:05 GMT

Dollar dips

Dollar dipped, gold hit new highs, and stocks rose as markets awaited a Fed rate cut. Euro and Hong Kong shares surged; oil firmed after Ukraine-Russia tensions.

Wed, 17 Sep 2025 15:30:04 GMT

Nestlé Chairman exits

Nestlé shares rose nearly 1% after Chairman Paul Bulcke announced an early exit, with ex-Inditex CEO Pablo Isla set to take over.

Wed, 17 Sep 2025 12:30:04 GMT

GSK to invest $30B in research

GSK to invest $30B in U.S. R&D and supply chain over 5 years, boosting UK-US life sciences ties as Trump makes historic second state visit to Britain.

Wed, 17 Sep 2025 09:30:05 GMT

UK and US sign a Tech Deal

UK and US sign Tech Prosperity Deal on AI, quantum, and nuclear tech; Microsoft leads $42B investment. Trump visits UK, with royal welcome at Windsor.

Wed, 17 Sep 2025 06:30:06 GMT

Bessent sees a deal with China

Treasury Sec. Bessent says a China trade deal is near, with talks improving. Reciprocal tariffs set for Nov. 10 as U.S. trade deficit with China declines.

Wed, 17 Sep 2025 03:30:05 GMT

Boeing workers reject offer

Over 3,000 Boeing defense workers in Missouri rejected a contract offer, extending their strike. Workers demand better bonuses and 401(k) benefits.

Tue, 16 Sep 2025 21:30:06 GMT

UK job market slides

UK job market cools: payrolls fell by 8,000 in August, marking a 7th straight monthly drop. Wage growth also slowed, easing inflation concerns.

Tue, 16 Sep 2025 18:30:04 GMT

Pressure on Hungary mounts

US and EU may pressure Hungary, Slovakia to drop Russian oil as part of wider sanctions on Russia's economy, expert says. Hungary inks gas deal with Shell.

Tue, 16 Sep 2025 15:30:04 GMT

Tesla rises

Tesla shares jumped 7.5% Monday after a filing revealed CEO Elon Musk bought nearly $1B in stock.

Tue, 16 Sep 2025 12:30:06 GMT

Anglo American join forces with Codelco

Anglo American and Chile's Codelco finalized a deal to jointly run nearby mines, aiming to unlock at least $5 billion in value.

Tue, 16 Sep 2025 09:30:05 GMT

Gold moves higher

Gold hit a record $3,689.27 as a weaker dollar and expected Fed rate cut boosted prices; spot gold up 0.1% at $3,683.28, futures steady at $3,720.10.

Tue, 16 Sep 2025 06:30:14 GMT

Alphabet reaches $3T market cap

Alphabet hits $3T market cap for the first time, fueled by AI optimism and a favorable antitrust ruling.

Tue, 16 Sep 2025 03:30:04 GMT

CoreWeave and Nvidia sign a deal

CoreWeave signed a $6.3B order with Nvidia, which guarantees Nvidia will buy any unsold cloud capacity.

Mon, 15 Sep 2025 21:35:03 GMT

US and UK to announce trade deal

During Trump's UK state visit, the US & Britain will announce tech and nuclear deals. The UK also hopes to finalize steel tariffs amid royal pageantry.

Mon, 15 Sep 2025 21:30:04 GMT

TikTok deal looms

The U.S. and China are nearing a deal on TikTok during trade talks in Madrid, says Treasury Secretary Scott Bessent, but a deal is not essential for relations.

Mon, 15 Sep 2025 18:30:04 GMT

Barter is back

To bypass Western sanctions, Russian firms are reviving 1990s-style barter, swapping goods like wheat for Chinese cars and other essential imports.

Mon, 15 Sep 2025 12:30:06 GMT

Swatch to raise prices

Swatch is raising its U.S. prices by 5% to 15% due to the new 39% tariff President Trump imposed on Swiss products, according to its CEO Nick Hayek.

Mon, 15 Sep 2025 09:30:05 GMT

Fed Rate Cut Speculation Intensifies

Following the latest Producer Price Index (PPI) data, which showed a slight drop in wholesale prices, analysts are increasingly optimistic about a potential Fed rate cut in September.

Mon, 15 Sep 2025 07:50:58 GMT

Rheinmetall to buy a shipbuilder

German ammunition maker Rheinmetall will acquire military shipbuilder NVL as consolidation in Germany's naval sector picks up speed.

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