Microsoft will build a second AI data center in Wisconsin, boosting its investment to over $7B. The project will create up to 800 jobs once fully completed.
The IMF has proposed Dan Katz, chief of staff to U.S. Treasury Secretary Scott Bessent, for the fund's No. 2 role.
New Nestlé chair Pablo Isla, ex-Zara CEO, brings e-commerce and trend expertise to revamp the brand, aiming to boost appeal with younger consumers.
A study shows the U.S. now relies more on EU imports than China, with over 3,100 product groups sourcing 50%+ from the EU—up from 2,600 in 2010.
A judge approved Disney's $233M settlement with over 51,000 Disneyland workers who claimed they were denied a living wage. The deal was called fair and reasonable.
SoftBank's joint venture with OpenAI in Japan is delayed. It was planned for this summer, but setup is slow. An update is expected in November, per a source.
Mars will invest €1B in EU by 2026 to boost manufacturing, sustainability, and innovation, adding to €1.5B spent in the past 5 years across 24 factories.
EU antitrust regulators resumed their probe into Mars' $36B bid for Pringles maker Kellanova, with a decision due by Dec 19 after a brief pause in July.
Ben & Jerry's co-founder Jerry Greenfield quit, citing lost independence as Unilever curbed the brand's activism amid a deepening rift over its Gaza stance.
Dollar dipped, gold hit new highs, and stocks rose as markets awaited a Fed rate cut. Euro and Hong Kong shares surged; oil firmed after Ukraine-Russia tensions.
Nestlé shares rose nearly 1% after Chairman Paul Bulcke announced an early exit, with ex-Inditex CEO Pablo Isla set to take over.
GSK to invest $30B in U.S. R&D and supply chain over 5 years, boosting UK-US life sciences ties as Trump makes historic second state visit to Britain.
UK and US sign Tech Prosperity Deal on AI, quantum, and nuclear tech; Microsoft leads $42B investment. Trump visits UK, with royal welcome at Windsor.
Treasury Sec. Bessent says a China trade deal is near, with talks improving. Reciprocal tariffs set for Nov. 10 as U.S. trade deficit with China declines.
Over 3,000 Boeing defense workers in Missouri rejected a contract offer, extending their strike. Workers demand better bonuses and 401(k) benefits.
UK job market cools: payrolls fell by 8,000 in August, marking a 7th straight monthly drop. Wage growth also slowed, easing inflation concerns.
US and EU may pressure Hungary, Slovakia to drop Russian oil as part of wider sanctions on Russia's economy, expert says. Hungary inks gas deal with Shell.
Tesla shares jumped 7.5% Monday after a filing revealed CEO Elon Musk bought nearly $1B in stock.
Anglo American and Chile's Codelco finalized a deal to jointly run nearby mines, aiming to unlock at least $5 billion in value.
Gold hit a record $3,689.27 as a weaker dollar and expected Fed rate cut boosted prices; spot gold up 0.1% at $3,683.28, futures steady at $3,720.10.
Alphabet hits $3T market cap for the first time, fueled by AI optimism and a favorable antitrust ruling.
CoreWeave signed a $6.3B order with Nvidia, which guarantees Nvidia will buy any unsold cloud capacity.
During Trump's UK state visit, the US & Britain will announce tech and nuclear deals. The UK also hopes to finalize steel tariffs amid royal pageantry.
The U.S. and China are nearing a deal on TikTok during trade talks in Madrid, says Treasury Secretary Scott Bessent, but a deal is not essential for relations.