News

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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.

Fri, 24 Oct 2025 21:30:07 GMT

U.S- Canada Trade talks terminated

Trump said all trade talks with Canada are ended after a controversial ad featuring Reagan. Tariffs on steel, aluminum, and autos remain in place.

Fri, 24 Oct 2025 18:30:04 GMT

Private sector in Germany expands

Germany's private sector grew at its fastest pace in over 2 years in Oct, with PMI rising to 53.8 from 52.0, driven by strong services demand, beating forecasts.

Fri, 24 Oct 2025 15:30:04 GMT

Boeing worker to vote on new contract

Over 3,200 Boeing St. Louis workers will vote Oct. 26 on a revised contract offer, the machinists' union says. They build fighter jets and munitions.

Fri, 24 Oct 2025 12:35:04 GMT

Intel rises

Intel shares jumped 10% after Q3 profit beat estimates, driven by cost cuts and big investments from Nvidia, SoftBank, and the U.S. government.

Fri, 24 Oct 2025 12:30:07 GMT

Argentina's beef import raises

The Trump administration raised Argentina's beef import quota to 80,000 tons to cut prices and support U.S. farmers, alongside plans to boost domestic cattle herds.

Fri, 24 Oct 2025 09:35:05 GMT

Target to cut corporate jobs

Target will cut about 1,800 corporate jobs to boost sales and streamline operations, new CEO Michael Fiddelke said, marking its first major layoff in a decade.

Fri, 24 Oct 2025 09:30:07 GMT

Google users want more money

Google users who won a $425M privacy verdict seek an extra $2.36B, saying it reflects profits from secretly tracking app data despite disabled account settings.

Fri, 24 Oct 2025 06:30:05 GMT

Honeywell raises profit outlook

Honeywell raised its 2025 profit outlook despite spinning off its materials unit, citing strong aerospace demand. Shares rose 5% as Solstice prepares to list Oct. 30.

Fri, 24 Oct 2025 03:30:04 GMT

American Airlines sees future profits higher

American Airlines raised its 2025 profit forecast, citing strong demand for premium services and better pricing power on U.S. routes.

Thu, 23 Oct 2025 21:30:03 GMT

Automakers do not want tariffs

Major automakers, including GM, Toyota, VW, and Hyundai, urged the Trump administration not to impose tariffs on factory robots and machinery amid a security probe.

Thu, 23 Oct 2025 18:30:05 GMT

Tesla recalls cybertrucks

Tesla is recalling 63,619 U.S. Cybertrucks over overly bright parking lights that could hinder visibility. A free over-the-air software fix has been issued.

Thu, 23 Oct 2025 15:30:04 GMT

Japanese want bigger wages

Japan's biggest labor union, Rengo, will seek 5%+ wage hikes in 2026, aiming for a fourth straight year of strong raises to offset inflation despite U.S. tariff pressures.

Thu, 23 Oct 2025 12:30:06 GMT

U.S government to take stake in quantum firm

The Trump administration is in talks to take equity stakes in quantum firms like IonQ, Rigetti, and D-Wave in exchange for at least $10M in federal funding each.

Thu, 23 Oct 2025 09:30:04 GMT

Meta to build another data center

Meta and Blue Owl struck a $27B deal to fund Meta's biggest data center. Meta keeps 20% stake; Blue Owl invests $7B, Meta gets $3B in one-time payout.

Thu, 23 Oct 2025 06:30:05 GMT

China becomes Germany biggest trading partner

China overtook the U.S. as Germany's top trading partner in Jan–Aug 2025, with trade totaling €163.4B, as U.S. tariffs hit German exports, data shows.

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