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

Shein Shares Drop 8% in Hong Kong Trading Debut After Multi-Year Wait

Shein began trading in Hong Kong on Tuesday, opening flat before falling about 8%, giving the first market read after years of listing delays.

Moody’s Affirms Aon Rating but Cuts Outlook on $17B USI Deal

Moody's affirmed Aon's credit rating but revised its outlook, tying the change to the broker's roughly $17 billion acquisition of USI Insurance Services.

FTC and 22 States Sue Amazon Over Inflated Ad Auction Prices

The FTC and 22 states sued Amazon on Monday, alleging it overcharged 1.2 million advertisers by inflating online ad auction prices.

PG&E Sinks 18%, Edison Falls 23% as California Wildfire Bill Omits Liability Cap

PG&E fell 18% and Edison International 23% after a California wildfire bill offered victim protections but no cap on utility liability, exposing investors

Eli Lilly to Buy Merida Biosciences for Up to $2.88 Billion in Cash

Eli Lilly will acquire autoimmune drugmaker Merida Biosciences for up to $2.88 billion in cash, expanding its immunology pipeline.

Kalshi Permanently Bans George Santos Over Illegal Prediction-Market Trades

Prediction market platform Kalshi permanently banned former U.S. Rep. George Santos over trades regulators found manipulative, tied to a State of the Union

Aon Nears $17 Billion Deal for KKR-Backed Broker USI Insurance

Aon is nearing a roughly $17 billion agreement to acquire KKR-backed USI Insurance Services, one of the largest brokerage deals in years.

Qantas Shares Jump 4% on New Business Seats as Profit Hits Four-Year Low

Qantas shares rose 4% after unveiling new business-class seats, even as full-year profit fell to a four-year low on higher fuel costs.

Deutsche Bank Downgrades Novo Nordisk to Sell After 70% Stock Plunge

Deutsche Bank downgraded Novo Nordisk to sell on Thursday after the Ozempic maker's stock fell roughly 70% from its peak amid rising competition.

American Airlines Adds Seven International Routes on New XLR Jets for 2027

American Airlines will launch seven new international routes in 2027, using its Airbus A321XLR jets to link smaller European cities to Philadelphia and New

Bank of America Says Buy Affirm Despite Modest Growth Guidance

Bank of America says Affirm shares could climb further after earnings, even as the buy now, pay later firm issued only a slight growth upgrade.

Take-Two Shares Climb After Grand Theft Auto 6 Preview Wins Over Fans

Take-Two shares climbed Friday after the Grand Theft Auto 6 preview drew praise from fans and bullish reactions from analysts ahead of a 2026 launch.

Tim Cook Rewired Apple Around Supply Chains, Proving You Need Not Be a Product Guy

Dismissed as "not a product guy," Tim Cook re-engineered Apple's operations into the world's most valuable company over 14 years as CEO.

Affirm Surges on Strong Outlook as CEO Flags $4.09 Gas Prices

Affirm shares jumped August 28 on an upbeat outlook, while CEO Max Levchin warned $4.09 gas prices are squeezing U.S. shoppers.

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