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GM Unveils Two New V-8 Engines for 2027 Silverado and Sierra Pickups

General Motors revealed two new V-8 engines for its 2027 Silverado and Sierra pickups, doubling down on gas and diesel power as EV demand stays weak.

US Approves $24.3 Billion Sale of 48 F-35 Jets to Saudi Arabia

The US State Department approved a $24.3 billion sale of 48 F-35 stealth fighter jets to Saudi Arabia, the department said, notifying Congress of the deal.

Judge Orders 30-Day Notice on Any Kennedy Center Demolition After Trump Threat

Federal judge ordered 30 days' notice before any Kennedy Center demolition after Trump warned venue would be torn down.

Pennsylvania Demands CDC Recognize 4 Measles Deaths or Loses Aid Request

Pennsylvania is requesting CDC emergency support for a measles outbreak of 731 cases and four deaths, on condition the agency publicly recognizes the fatal

Applied Digital Stock Sits Near 52-Week Low as $5 Billion Debt Weighs

Applied Digital shares trade near a 52-week low after a 50% drop, weighed down by $5 billion in debt as it builds AI data centers with a $36 billion backlo

Lego Posts Record First-Half Sales, Up 21% on World Cup and F1 Kits

Lego reported record first-half 2026 revenue of 41.9 billion kroner, up 21%, driven by World Cup, F1, Star Wars and KPop Demon Hunters ranges.

L3Harris Replaces CEO Kubasik After Conduct Probe, Names Sam Mehta

L3Harris removed CEO Christopher Kubasik after a conduct investigation and promoted insider Sam Mehta, sending shares of the defense contractor lower.

Woodside Scraps Long-Term Emissions Targets After 27% Profit Jump

Woodside Energy abandoned its long-term emissions and clean energy targets after reporting a 27% rise in sales profit to $1.67 billion amid the Iran confli

Treasury Weighs Tapping Near-$1 Trillion Cash Account to Fund Bond Buybacks

The U.S. Treasury may tap its near-$1 trillion cash reserve to fund expanded bond buybacks, giving officials leverage over long-term yields.

Strategy Earmarks $1.6 Billion Cash Pool for Bitcoin, Buybacks and Debt

Strategy has earmarked roughly $1.6 billion in cash for treasury operations, buybacks and debt, while leaving its Bitcoin holdings unchanged as prices rose

Zillow Settles FTC Claim It Paid Redfin to Stop Competing on Apartment Listings

Zillow has agreed to resolve FTC allegations it paid Redfin to stop competing for apartment rental listings, ending the antitrust litigation without a tria

Trump Hikes Canada Auto Tariffs to 50%, Effective January 2027

President Trump said the US will raise tariffs on Canadian cars, trucks and auto parts to 50%, effective January 1, 2027, escalating the trade dispute.

US 30-Year Treasury Yield Hits 5.32%, Highest Since 2007

The U.S. 30-year Treasury yield rose to around 5.322% on Tuesday as oil gains and U.S.-Iran tensions fueled inflation fears amid a global bond sell-off.

Pony.ai Plans to Deploy Over 4,000 Robotaxis Abroad

China's Pony.ai says its overseas robotaxi pipeline has grown to more than 4,000 vehicles, expanding across Europe and the Middle East through global partn

Mike Ashley’s Frasers Group Lifts Hugo Boss Stake to 48%

Mike Ashley's Frasers Group has lifted its Hugo Boss shareholding to 48% after an offer of €38 per share, stopping just short of full control.

Global Bond Yields Hit Multi-Decade Highs as US-Iran Ceasefire Collapses

Government borrowing costs reached multi-decade highs on Tuesday after the US-Iran ceasefire collapsed, driving yields higher across major economies.

Baidu Revenue Falls 4% as AI Cloud Fails to Cover Ad Slump

Baidu posted a 4% drop in second-quarter revenue to 31.3 billion yuan on Tuesday, as AI cloud growth failed to offset a continued advertising decline.

OpenAI Launches ChatGPT for Teens With Content Limits and Parental Controls

OpenAI released ChatGPT for Teens on Tuesday, adding content restrictions, parental controls and homework support for users aged 13 to 17.

Alibaba to Raise $10 Billion in New Shares for AI Buildout

Alibaba said on Sunday it will issue HK$80 billion (about $10.2 billion) in new Hong Kong shares, directing all proceeds to AI infrastructure.

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