Business

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

OpenAI Unveils ChatGPT for Financial Services, Targeting Junior Banker Tasks

OpenAI released ChatGPT for Financial Services on September 10, built on GPT-6 Astra and aimed at junior banker research, modeling and pitchbook tasks.

Ford Unveils $1 Billion Paint Shop at Kentucky Truck Plant After DOT Criticism

Ford will invest $1 billion in a new paint shop at its Kentucky Truck Plant, its largest US factory, following criticism from the Department of Transportat

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.

US Home Sales Sink to 14-Month Low as Prices Keep Climbing

US existing-home sales fell in August to a 14-month low as mortgage rates and record prices deterred buyers, even with supply at a near-seven-year high.

JPMorgan Upgrades Meta to Buy, Citing AI Models and Agent Apps

JPMorgan raised Meta to buy on September 10, citing the company's frontier AI models and agentic app as drivers with meaningful headroom for the stock.

US Wholesale Prices Rose 0.4% in August, Lifting Treasury Yields Before Fed Meeting

US producer prices climbed 0.4% in August as expected, lifting Treasury yields before the Federal Reserve's rate decision next week.

Apple Unveils $1,999 Foldable Duo iPhone at First Ternus Event

Apple debuted a $1,999 passport-shaped foldable iPhone called Duo and a pricier iPhone 18 Pro at its first showcase led by new CEO John Ternus.

Meta Unveils Muse AI Agent That Sends Emails and Makes Payments

Meta launched Muse, an autonomous AI assistant that sends emails and makes payments, offered free or at $20 and $100 monthly tiers.

Qualcomm Stock Jumps 10% on $4 Billion Amazon Custom Chip Deal

Qualcomm shares rose about 10% after unveiling a roughly $4 billion custom chip partnership with Amazon for AI data centers, challenging Nvidia's lead.

Dow Slides 400 Points as US-Iran Strikes Push Oil to Six-Week High

The Dow slid roughly 400 points as renewed U.S.-Iran attacks pushed Brent crude to a six-week high, with energy shares leading a mixed Wall Street session.

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.

- A word from our sponsors -

spot_img

Follow us

HomeBusiness