News

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Fri, 03 Oct 2025 21:30:03 GMT

Central banks must be prepared for unpredictable changes

Fed's John Williams says central banks must adapt to inevitable, unpredictable changes. He didn't comment on U.S. policy after last month's rate cut.

Fri, 03 Oct 2025 18:30:10 GMT

General Dynamics wins a task order worth over one billion

General Dynamics won a $1.25B contract to support the U.S. Army in Europe and Africa, following a $1.5B deal last week. The contract includes 7 option years.

Fri, 03 Oct 2025 15:30:07 GMT

BOJ Governor says inflation target is near

BOJ Governor Ueda said inflation is nearing target but global risks may slow wage growth. He kept options open on an October rate hike, citing economic forecasts.

Fri, 03 Oct 2025 12:30:06 GMT

Veteran Board member in Roche steps down

Roche said Claudia Suessmuth Dyckerhoff will not seek re-election to its board after being nominated to join the board of another healthcare company.

Fri, 03 Oct 2025 11:25:06 GMT

Tesla shareholders vote against Elon's pay

Tesla shareholders, including SOC and state officials, urged a vote against Elon Musk's $1T pay and re-election of 3 board members ahead of the November meeting.

Fri, 03 Oct 2025 06:30:06 GMT

Tesla's Q3 deliveries beat estimates

Tesla's Q3 deliveries beat estimates, boosted by U.S. EV tax credit rush despite weak Europe demand. Shares rose 3.1% as the company reported record deliveries.

Fri, 03 Oct 2025 03:30:04 GMT

Banks want to see easier capital rules

Trump regulators plan to ease bank capital rules, reversing expected hikes under Biden in a major win for big lenders aiming to cut red tape and boost the economy.

Thu, 02 Oct 2025 21:30:05 GMT

ex-Deutsche Bank employees sue the bank

Five ex-Deutsche Bank staff are suing the bank after being acquitted in 2022 of charges tied to a major Italian scandal involving Monte dei Paschi's hidden losses.

Thu, 02 Oct 2025 18:30:04 GMT

Parts suppliers for Jaguar to place collateral

Small Jaguar Land Rover parts suppliers face collapse post-cyberattack, asked to use homes as loan guarantees, as JLR plans limited restart but no UK aid is yet available.

Thu, 02 Oct 2025 15:30:06 GMT

U.S goverment funds frozen

Trump administration freezes $26B for Democratic-led states, targeting $18B in NY transit and $8B in green projects amid government shutdown dispute.

Thu, 02 Oct 2025 15:00:06 GMT

Taiwan wants lower tariffs

Taiwan rejected a U.S. proposal to produce half the chips it supplies locally. Talks focused on lowering tariffs, not shifting semiconductor output.

Thu, 02 Oct 2025 12:30:07 GMT

Apple pauses updates for Vision Pro

Apple has paused its Vision Pro headset update to focus on developing smart glasses, shifting resources to compete with Meta, Bloomberg reports.

Thu, 02 Oct 2025 09:30:06 GMT

Record Sales in EV sector

Ford, GM, and Hyundai posted record EV sales in Q3, while overall sales rose 8%. Toyota, Nissan, and Stellantis also grew; Honda sales dipped 2% year-over-year.

Thu, 02 Oct 2025 06:40:06 GMT

Google pressed with ransomware

Google says hackers linked to ransomware group Cl0p are emailing execs, claiming they stole sensitive data from Oracle business apps to extort companies.

Thu, 02 Oct 2025 06:30:05 GMT

Microsoft wants independence in data center business

Microsoft plans to rely more on its own chips in data centers, reducing dependence on Nvidia and AMD, as it pushes to boost AI performance and efficiency.

Thu, 02 Oct 2025 03:30:18 GMT

T-Mobile to provide satellite service

T-Mobile's satellite-to-cell service now supports apps like WhatsApp, Google Maps, and X, expanding beyond basic messaging in areas with no traditional signal.

Wed, 01 Oct 2025 21:30:13 GMT

Tesla hikes prices

Tesla raised U.S. lease prices after a $7,500 federal EV tax credit expired on Sept 30, ending key incentives for new and used electric vehicle buyers.

Wed, 01 Oct 2025 18:30:06 GMT

BMW to recall over 145,000 U.S. vehicles

BMW is recalling over 145,000 U.S. vehicles, including 2020 340i, X5, and X7 models, due to fire risk from overheating starters. Dealers will replace parts free.

Wed, 01 Oct 2025 15:30:12 GMT

Spirit Airlines is in the process of restructuring

Spirit Airlines makes progress in restructuring, securing $475M in financing after filing for Chapter 11 again. It plans deep cuts to routes, staff, and pilot costs.

Wed, 01 Oct 2025 12:30:08 GMT

Magnificent 7 companies under scrutiny

A U.S. judge denied Apple, Google, and Meta's bid to dismiss lawsuits accusing them of promoting illegal gambling via casino-style apps on their platforms.

Wed, 01 Oct 2025 09:30:03 GMT

Spotify CEO steps down

Spotify CEO Daniel Ek to step down, become exec chairman in Jan. Firm shifts to co-CEO model to boost profits and compete with Apple, YouTube, and Amazon.

Wed, 01 Oct 2025 06:30:07 GMT

CoreWeave moves on the Meta deal

CoreWeave signed a $14B deal to supply computing power to Meta, boosting AI infrastructure. Shares jumped 12% after the announcement on Tuesday.

Wed, 01 Oct 2025 03:30:13 GMT

Exxon to lay off 2,000 workers

Exxon Mobil will lay off 2,000 workers globally—about 3–4% of its workforce—as part of a long-term restructuring and efficiency plan.

Tue, 30 Sep 2025 21:30:04 GMT

Trump to tariff Hollywood

Trump plans 100% tariffs on foreign-made films entering the U.S., threatening Hollywood's global model and raising risks for international film productions.

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