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.
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.
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.
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.
CoreWeave signed a $14B deal to supply computing power to Meta, boosting AI infrastructure. Shares jumped 12% after the announcement on Tuesday.
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.
Trump plans 100% tariffs on foreign-made films entering the U.S., threatening Hollywood's global model and raising risks for international film productions.
YouTube will pay $24.5M to settle Trump's lawsuit over his 2021 account ban, becoming the last major tech firm to resolve his claims of silencing conservatives.
Trump to impose 10% tariffs on timber and 25% on furniture from Oct 14, targeting imports ahead of wider duties on drugs and trucks starting October 1.
Trump's H-1B visa crackdown may push U.S. firms to shift key work to India, boosting growth of 1,700+ high-value Global Capability Centres across sectors.
GSK CEO Emma Walmsley to step down after 8 years; insider Luke Miels to take over as firm aims to boost its pipeline and tackle U.S. trade tariff risks.
Lockheed's Sikorsky won a $11B U.S. Navy deal to build up to 99 CH-53K helicopters over 5 years, the largest order yet for the heavy-lift aircraft.
UK to back Jaguar Land Rover with a £1.5B loan guarantee after a cyberattack halted production, aiming to support the carmaker and struggling suppliers.
TotalEnergies will sell 50% of its U.S. solar portfolio to KKR for $950M, including 6 utility-scale and 41 distributed generation assets across North America.
BP will invest $5B in its Tiber-Guadalupe project in the Gulf of Mexico, aiming to start production by 2030 with a new platform producing 80,000 barrels/day.
Mercedes uses recycled, renewable-powered aluminium from Norsk Hydro to cut CO2 in making its new electric CLA, aiding its push to decarbonize production.
SEC Chair Paul Atkins backs minimal regulation and supports fast-tracking Trump's plan to end quarterly earnings reports, aiming to boost business growth.
AstraZeneca will list shares directly on the NYSE but keep its London HQ and listing, easing fears it might ditch the UK for higher U.S. valuations.
Lufthansa plans to cut 4,000 admin jobs by 2030 through digitalization and automation. It also announced new mid-term targets for 2028 and 2030.
Toyota's global sales rose 2.2% in August, boosted by strong U.S. hybrid demand, despite a 12.1% drop in Japan. Total sales hit 844,963 vehicles.
Amazon will pay $2.5B to settle FTC claims it misled users into Prime sign-ups. It's a win for consumers, but minor for Amazon, which earns that in 33 hours.
Roche cites new U.S. plant and investment pledges after Trump warns of 100% tariffs on branded drugs unless firms build U.S. factories by Oct 1.
Trump signs order to sell TikTok's U.S. operations, aiming to meet 2024 law's security rules; new firm valued at $14B, says VP JD Vance.
Global investors flock to Spain's student housing as international student numbers soar 77%, driving demand and promising high returns in cities like Madrid and Barcelona.