News

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Wed, 29 Oct 2025 21:30:05 GMT

Toyota denies new investment in U.S. investment

Toyota denied pledging a new $10B U.S. investment, after Trump claimed the automaker planned to pour that amount into its American operations.

Wed, 29 Oct 2025 18:30:05 GMT

Google buys a power plant

Google struck a deal to buy power from a U.S. plant using carbon capture to fuel Midwest data centers, supporting its AI growth amid tight power supplies.

Wed, 29 Oct 2025 15:30:04 GMT

New nuclear reactors

The U.S. partnered with Westinghouse's Canadian owners to build $80B in nuclear reactors, marking a major push for Trump's energy expansion plan.

Wed, 29 Oct 2025 12:30:09 GMT

Mercedes operating profit falls

Mercedes' Q3 operating profit fell 70% to €750M, hit by hefty redundancy costs and fierce competition in the U.S. and China.

Wed, 29 Oct 2025 09:30:07 GMT

JetBlue loss narrows

JetBlue reported a smaller-than-expected loss as strong demand for premium travel and cost controls helped boost margins despite reduced domestic capacity.

Wed, 29 Oct 2025 06:30:04 GMT

Royal Caribbean sees lower profits

Royal Caribbean forecast lower-than-expected quarterly profit due to rising costs, sending shares down.

Tue, 28 Oct 2025 21:30:07 GMT

Amazon cuts staff

Amazon will cut about 14,000 corporate jobs to streamline operations and invest in AI, with more layoffs expected next year.

Tue, 28 Oct 2025 18:30:04 GMT

Bessent urges BOJ action.

U.S. Treasury's Bessent urged Japan to pursue sound monetary policy, pressuring the BOJ ahead of its meeting as markets expect no rate hike.

Tue, 28 Oct 2025 15:35:04 GMT

Citigroup partners with Coinbase

Citigroup and Coinbase partner to offer digital asset payment solutions for institutional clients, bridging fiat and crypto transactions.

Tue, 28 Oct 2025 15:30:09 GMT

Qualcomm presents new chips

Qualcomm unveils two AI chips for data centers, available next year, boosting its AI push; shares jump nearly 15% on the news.

Tue, 28 Oct 2025 12:30:09 GMT

Goldman Sachs to service Kuwait's wealth fund

Goldman Sachs is in talks with Kuwait's wealth fund for a $10B mandate to invest in private equity, credit, and infrastructure.

Tue, 28 Oct 2025 09:30:04 GMT

Lululemon partners with NFL

Lululemon teams up with the NFL on a new apparel collection launching Tuesday, featuring all 32 teams; shares rise about 5% in premarket trading.

Tue, 28 Oct 2025 06:30:04 GMT

Investors back new CEO of UnitedHealth

UnitedHealth investors, including Buffett's Berkshire, back CEO Stephen Hemsley's return to revive Optum and restore growth after a tough year.

Tue, 28 Oct 2025 03:35:03 GMT

HSBC takes $1.1B hit in Madoff case

HSBC will take a $1.1B charge in Q3 after partly losing an appeal in a Madoff-related lawsuit over funds tied to the Ponzi scheme.

Tue, 28 Oct 2025 03:30:04 GMT

American Airlines Trails Rivals in Profit and Prestige

American Airlines lags Delta and United in profits and luxury travel, earning just $12M vs rivals' billions despite offering most U.S. flights.

Mon, 27 Oct 2025 21:30:04 GMT

Trump Hits Canada With New Tariff Over Reagan Ad

Trump adds 10% tariff on Canadian imports, accusing Canada of airing a "fraudulent" Reagan ad misrepresenting his stance on tariffs.

Mon, 27 Oct 2025 18:30:06 GMT

Exxon Sues California

ExxonMobil sues California, claiming new climate disclosure laws violate free speech by unfairly blaming big firms for climate change.

Mon, 27 Oct 2025 15:30:08 GMT

SoftBank Approves $22.5B OpenAI Investment

SoftBank okays $22.5B second payment to complete its $30B OpenAI investment, pending the AI firm's restructuring for a future IPO, reports The Information.

Mon, 27 Oct 2025 12:30:06 GMT

VW Secures Chips Amid China Export Ban

VW Group has enough chips for now, says CEO Oliver Blume, as China's Nexperia export ban sparks new chip shortage fears across Europe's car industry.

Mon, 27 Oct 2025 09:35:03 GMT

Trump Pardons Binance Founder CZ

Trump pardons Binance founder Changpeng "CZ" Zhao, aiming to boost the crypto industry after his 2023 conviction and Binance's $4.3B fine.

Mon, 27 Oct 2025 09:30:04 GMT

UK car production decreases

UK car production plunged 27% in September, with all vehicles down 35.9%, after Jaguar Land Rover halted output due to a major cyberattack.

Mon, 27 Oct 2025 07:25:09 GMT

GM Showcases New AI and Self-Driving Tech

GM unveils autonomous driving, Google-powered AI, and factory robots to boost future car production after strong earnings.

Mon, 27 Oct 2025 06:30:07 GMT

Bank of Canada to cut rates

The Bank of Canada is set to cut rates 25bps on Oct 29 for a 2nd time, aiming to support the economy hit by U.S. tariffs and Q2's 1.6% contraction.

Mon, 27 Oct 2025 03:30:07 GMT

General Dynamics beats the quarter

General Dynamics beats Q3 estimates with $3.88/share vs. $3.70 expected, driven by strong Gulfstream jet sales as affluent customers boost luxury travel.

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