Saudi and U.S. officials highlighted billions in new investments as Crown Prince Mohammed bin Salman visited Washington, vowing to boost U.S. investments to $1T.
Verizon will cut over 13,000 jobs in its biggest layoff, shift 179 company stores to franchises, and close one location to reduce costs.
HSBC appointed Steve Hughes as CEO for Australia and New Zealand starting Jan 2026. Hughes joined in 2015 and currently leads the region's wholesale banking.
Nvidia CEO Jensen Huang dismissed AI-bubble fears as the company beat expectations with strong Q3 results and a bullish Q4 outlook, easing investor concerns.
Target saw a larger-than-expected drop in sales as consumers cut back on non-essentials. It plans a $1B investment in 2026 for new stores, remodels, and digital upgrades.
Ford is recalling 229,609 U.S. Broncos over faulty instrument displays. Dealers or OTA updates will fix the software issue at no cost.
Nvidia's move to use phone-style memory in AI servers could double server-memory prices by 2026 as suppliers shift output, causing legacy chip shortages.
Exxon and Chevron are exploring options to buy Lukoil's international assets in Kazakhstan, where all three hold stakes in key oil fields.
Tesla received approval to run a ride-hailing service in Arizona, advancing its robotaxi plans after launching monitored services in Austin and the Bay Area.
WBD's board wants Paramount Skydance to raise its $23.5-per-share bid to about $30. The current offer is 80% cash and 20% stock, Axios reported.
UK inflation dipped to 3.6% in October from 3.8%, its first drop since May, offering relief to the government and Bank of England as expected by economists.
Meta beat a U.S. bid to unwind its Instagram and WhatsApp deals, as a judge ruled it isn't a social-media monopoly—handing Big Tech a major antitrust victory.
Musk and Huang to discuss AI progress at U.S.-Saudi investment forum in Washington, focusing on tech advances and future architectures.
Novo Nordisk's top shareholder forced a board overhaul, giving the Foundation greater control and prompting investor concerns over governance.
Spain's ACS and BlackRock's Global Infrastructure Partners form a 50-50 joint venture to develop a 1.7 GW, €2B data centre portfolio, giving ACS €100M gain.
Michael Burry, famed for his 2008 housing market bets, is closing Scion Asset Management and will return investor capital by year-end, barring small holdbacks.
Sterling fell against the dollar and euro after reports that the UK budget will not include expected income tax rises, hitting its highest vs. euro since April 2023.
U.S. airlines canceled far fewer flights Friday than the 6% requirement, with only 1.4% canceled, after the FAA froze mandatory flight cuts.
The DRC has produced its first traceable artisanal cobalt, marking a key step in formalizing the sector that supplies much of the world's battery metal.
A judge let X Corp's lawsuit against Apple and OpenAI move forward, rejecting dismissal bids in a case accusing them of monopolizing smartphone and AI markets.
The White House is considering a 50-year mortgage to ease home affordability, but experts warn it won't solve core issues like supply shortages and high rates.
The average full-time salary in the EU rose in 2024, with the highest pay in Luxembourg, Denmark, and Ireland, and the lowest in Bulgaria, Greece, and Hungary.
Siemens reported record 2025 profit of €10.4B and all-time high cash flow of €10.8B, beating expectations and raising its dividend amid strong demand.
China's factory output and retail sales grew at their slowest pace in over a year in October, raising pressure to boost the $19T export-driven economy.