CEO Meg O'Neill announced portfolio cuts and asset sales, including a Canadian divestment and a potential UK North Sea exit, to slash corporate costs.
Despite a renewed U.S.-Iran conflict and disruptions in the Strait of Hormuz, the Federal Reserve expects energy prices to peak and cool down over time.
Driven by a weak yen, rising inflation, and severe labor shortages, corporate bankruptcies in Japan topped 5,000 in the first half of 2026, hitting a 12-year high.
The SpaceX IPO and AI startup boom have created massive wealth, causing a historic spike in private jet purchases, memberships, and charter flights.
Costco faces a proposed class-action lawsuit in Washington for selling Orgain Organic Protein Powder allegedly tainted with lead, cadmium, and arsenic without consumer warnings
During a high-profile trade mission in Beijing, Chinese Commerce Minister Wang Wentao pressed Dutch Trade Minister Sjoerd Sjoerdsma to ensure a fair and predictable business environment for Chinese firms and maintain stable semiconductor supply chains.
Meta Platforms has launched Muse Image, its first image-generation model developed by Meta Superintelligence Labs. Integrated directly into the Meta AI chatbot, the agentic model can interpret complex prompts, accept photo inputs, and handle direct canvas edits like sketches or annotations.
Bayer will attempt to convince a federal judge on Thursday to dismantle the consolidated litigation involving nearly 4,000 federal Roundup lawsuits.
Apple lost its challenge at the EU General Court against landmark antitrust rules designating its App Store and iOS as "gatekeepers."
OpenAI will publicly launch its highly advanced GPT-5.6 model (including Sol, Terra, and Luna) this Thursday.
Trump ordered a cutoff of US trade with Spain at the NATO summit, calling Madrid a "terrible partner" over defense spending and Iran war policies.
Fresh food demand has boosted Amazon Now's ultra-fast delivery service in Brazil, prompting the company to expand its local product range by 15%.
Ford topped J.D. Power's 2026 mass-market quality rank. CEO Jim Farley targets flawless launches to slash heavy recall and warranty costs.
Trump plans to bypass a congressional ban and signal a willingness to sell F-35 fighter jets to Turkey as a gift for President Erdogan
Norwegian Prime Minister Jonas Gahr Stoere has strongly urged China to leverage its direct access to the Kremlin to bring Russia to the Ukraine peace table. Oslo emphasizes that China's ongoing close partnership with Russia limits deeper Europe-China cooperation, while noting that a baseline unconditional ceasefire would already be a major concession from Ukraine.
Saudi Arabia has shipped 34 million barrels of crude through the Strait of Hormuz since a June 17 ceasefire, despite tanker traffic remaining at a third of pre-war levels.
Toyota is investing $3.6 billion in its San Antonio, Texas plant to shift production of the Tacoma pickup from Mexico, creating 2,000 U.S. jobs by 2030.
EasyJet shares surged nearly 10% after its board recommended a £5.5bn takeover bid from US private equity firm Castlelake following four rejected offers.
Walmart announced thousands of summer "Rollback" price cuts on groceries, apparel, and seasonal items. President Trump quickly claimed credit on social media, stating the discounts were made at his administration's request to celebrate America's 250th birthday, though Walmart's official release made no mention of the administration.
SpaceX officially joins the Nasdaq-100 index today, July 7, 2026, just 15 trading days after its record-breaking June 12 IPO.
Microsoft is cutting 4,800 jobs, mostly in its Xbox division, to restructure the gaming unit and fund its massive investments in artificial intelligence.
Crédit Agricole bought Worldline's stake to take 100% control of their Cawl payments venture, shifting the deal into a commercial partnership.
UK employees are encouraged to max out pension salary sacrifice schemes before April 2029, when new rules will restrict National Insurance (NI) exemptions for contributions over £2,000 annually.
Barratt Redrow CEO David Thomas has warned that first-time buyers are facing their toughest market conditions since the 2008 financial crisis.