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

Dow Futures Drop 300 Points as Oil Climbs and Fed Bets Rise

Dow futures dropped roughly 300 points Tuesday as climbing oil prices, Fed rate-hike bets and US-Canada trade tensions pressured Wall Street.

China Injects $54 Billion Into State Banks and Insurers to Steady Growth

China will inject $54 billion into state banks and insurers, announced September 6, to steady growth and lift equity investment as the economy cools.

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.

OpenAI Ad Business Hits $1 Billion Annualized Revenue Run Rate

OpenAI's advertising business has reached a $1 billion annualized revenue run rate as it rolls out ad tools on ChatGPT for businesses worldwide.

10-Year Treasury Yield Breaks Out, Rattling Stocks and Testing Bessent

The 10-year Treasury yield has broken higher, pressuring stocks and raising the prospect of 5% as government borrowing and inflation weigh on markets.

Trump Presses Apple to Rename Lake Ontario ‘Lake America’ on Maps

U.S. Interior Secretary says Apple may change 'Lake Ontario' to 'Lake America' on its maps after Trump talk, following Google's switch for U.S. users.

Micron Holds Third-Lowest Valuation in S&P 500 Despite AI Rally Lead

Micron trades at the third-lowest valuation in the S&P 500 despite leading the AI rally, as investors weigh its shift toward contracted memory revenue.

Oil Surges Toward $100 After Fresh US-Iran Strikes Rattle Markets

Crude prices jumped Sunday after renewed US-Israeli strikes on Iran, lifting energy firms and banks while airlines and automakers absorbed higher fuel cost

OpenAI Acknowledges ‘Wiki Incident’ and Calls for More AI Transparency

OpenAI acknowledged a security episode it called the 'wiki incident' and conceded it needs more transparency around unintended AI agent behavior.

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.

MapQuest Tops US App Chart After Defying Trump’s ‘Lake America’ Order

MapQuest overtook Google and Apple Maps atop the US download chart after refusing to rename Lake Ontario 'Lake America' following Trump's executive order.

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.

BP Names Ian Tyler Permanent Chair After Manifold Ousting

BP appointed Ian Tyler as permanent chair on Wednesday, ending a search that followed the contentious removal of Albert Manifold in May.

Ryanair Warns European Air Fares Will Rise as Jet Fuel Hits $140

Ryanair cut its annual passenger target to 214 million on Wednesday and warned European air fares will rise if jet fuel stays near $140 a barrel.

- A word from our sponsors -

spot_img

Follow us

HomeBusiness