Companies

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.

China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project

Willis Lease Profit Falls 51% to $28.7 Million in Q2 2026

Willis Lease Finance reported August 4 that net income fell 51.2% to $28.7 million in Q2 2026, even as operating income and management fees grew.

Oracle’s Larry Ellison Cancels Plan to Sell Up to 50 Million Shares

Larry Ellison canceled a plan to sell up to 50 million Oracle shares, the company disclosed on Sept. 11.

Dividend Investors Need $500,000 to $836,000 to Replace $25,000 Income

Replacing $25,000 in income needs $500,000 to $836,000 in dividend stocks depending on yield, with Realty Income the cheapest and P&G the priciest path.

WEGO Scraps My Hero Academia Clothing Line After Chinese Backlash

Japanese retailer WEGO has cancelled a My Hero Academia clothing collaboration after Chinese consumers objected over the franchise's wartime associations.

SoundHound AI Down 71% From October Intraday High

SoundHound AI shares have fallen nearly 71% from their October high, while the company recently completed its LivePerson acquisition.

Micron Offers Taiwan Staff Up to 68 Months’ Pay as Strike Looms

Micron told employees on September 11 its Taiwan workers could receive up to 68 months of pay, its largest-ever reward, as a strike threat loomed.

Adobe Beats Q3 Estimates but Soft Q4 Guidance Drags Shares Lower

Adobe topped third-quarter revenue and earnings forecasts on Thursday, but weaker fourth-quarter sales guidance pushed shares lower in after-hours trading.

Musk’s Boring Company Raises $3 Billion, Reaching $23 Billion Valuation

Elon Musk's Boring Company raised $3 billion in a UAE-led round, lifting its valuation to $23 billion as it eyes Middle East expansion.

Starbucks CEO Niccol Shifts Turnaround to Cafe Makeovers and Service

Starbucks CEO Brian Niccol says the chain's turnaround is working and its next phase will focus on cafe renovations and improved customer service.

GE Aerospace to Buy Castings Maker CPP for $11.75 Billion

GE Aerospace said on Tuesday it will acquire castings maker Consolidated Precision Products for $11.75 billion from Warburg Pincus and Berkshire Partners.

Novartis Shares Drop 9% After Three Drug Trial Setbacks Rattle Pipeline

Novartis shares fell 9% on Tuesday after three drug trial setbacks, including its del-desiran and cholesterol programs, raising pressure on its pipeline.

Hong Kong Finance Chief Says More Central Asian State Firms Plan Listings

Hong Kong Financial Secretary Paul Chan says more Central Asian state firms plan to list in the city as it expands Belt and Road market support.

Apple Names John Ternus CEO, Ending Tim Cook’s 15-Year Tenure Tuesday

John Ternus took over as Apple's CEO on Tuesday, ending Tim Cook's 15-year tenure. Cook becomes executive chairman as the company faces AI challenges.

Amazon Stock Falls After FTC Sues Over Advertising Auction Practices

Amazon shares extended losses on September 1 after the FTC sued the company over advertising auction practices, alleging it overcharged sellers.

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