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SB Energy to Sell Up to $500 Million in Shares to Japanese Investors Ahead of U.S. IPO

Data center developer SB Energy backed by SoftBank Group announced plans to sell up to $500 million in shares to Japanese investors in its U.S. IPO. The regulatory filing on Tuesday stated funds support data center and p…

US NTSB Says One-Third of FAA Safety Answers Are Unacceptable

WASHINGTON The National Transportation Safety Board announced that one-third of responses from the Federal Aviation Administration regarding safety recommendations are unacceptable. Investigators classified eleven out of…

Verizon Wireless, T-Mobile resolve lawsuits over ad campaigns

Verizon Wireless and T-Mobile have formally resolved federal lawsuits in Manhattan accusing each other of deceptive consumer advertising regarding cellphone carrier switching savings. A stipulation of dismissal was filed…

Kimberly-Clark prepares asset sales to win EU nod for Kenvue deal, sources say

Kimberly-Clark is preparing asset divestments and regulatory concessions to address European Union antitrust concerns regarding its multi-billion-dollar acquisition of Tylenol maker Kenvue. Sources familiar with the matt…

Costco raises price for Kirkland motor oil, sets purchase limit

Costco raised prices on private-label Kirkland Signature full-synthetic motor oil and imposed weekly purchase limits amid rising global petroleum costs. A 5-quart two-pack of Kirkland full-synthetic motor oil now costs a…

Tesla Secures 52% U.S. EV Market Share Amid Slump

Tesla Inc. has expanded its dominant grip on the United States electric vehicle market, capturing an estimated 52 percent market share. The milestone recovery follows a period of depressed industry-wide consumer electric…

Companies left China to dodge tariffs. Now some are heading back

A growing number of international manufacturers that previously relocated operations out of China to evade steep United States tariffs are now reversing course and returning to Chinese suppliers. Companies initially shif…

Hormuz Shipping Traffic Slumps Below Average

Commodity vessel transits through the Strait of Hormuz dropped to single digits per day over the weekend, remaining well below the 10-day average of 14 transits. Preliminary ship-tracking data from Kpler indicates that a…

Dollar Steady, Yen Near 7-Month High Ahead of Fed and BOJ Meetings

The United States dollar remained steady while the Japanese yen hovered near a seven-month high as global financial markets prepared for high-stakes monetary policy meetings by the U.S. Federal Reserve and the Bank of Ja…

Michael Dell’s DFO Management Nears Take-Private Deal for Baldwin Insurance Group

DFO Management, the family office managing the assets of technology billionaire Michael Dell, is in advanced talks to acquire The Baldwin Insurance Group through a take-private transaction. People familiar with the matte…

Ahead of Fed meeting, Trump says US should have world's lowest interest rate

President Donald Trump asserted that the United States should maintain the lowest interest rates globally, regardless of economic indicators or inflation data, ahead of the Federal Reserve policy meeting. Speaking in Doo…

Bayer faces pivotal test of $7.25 billion Roundup settlement in Missouri court

Bayers Monsanto unit appeared in a Missouri state court to seek approval for a proposed 7.25 billion dollar settlement resolving tens of thousands of United States lawsuits alleging that Roundup weedkiller causes cancer.…

They Built a Shrine to Cable TV. Then Everyone Cut the Cord.

The Cable Center sold its 75,000-square-foot headquarters in Denver, Colorado, downsizing to an 8,500-square-foot office due to mounting operational costs and declining fundraising revenue. Established in the late 1990s …

Benin bets on turning its cotton crop into clothes at home

Benin is accelerating a national policy shift to process its abundant raw cotton locally rather than exporting unprocessed bales to foreign markets. According to data from the U.S. Department of Agriculture, Benin stands…

German Firms Lift China Investment As US Outlays Fall

German companies increased their investment in China by approximately one-third during the first half of 2026, while sharply scaling back financial outlays in the United States, according to a study published by the Germ…

Speculators Turn Net Long on Yen for First Time Since February

Global currency speculators have flipped to a net long position on the Japanese yen for the first time since February, according to data released by the U.S. Commodity Futures Trading Commission. Figures covering the wee…

Lost in Margaritaville: The Messy Drama Over Jimmy Buffett’s $275 Million Trust

The legal battle over late singer Jimmy Buffett’s $275 million estate escalated following disputes between co-trustees Jane Slagsvol, Buffett’s widow, and Richard Mozenter, his longtime business manager. Buffett passed a…

For the US news industry, a tough summer draws to a close with McClatchy chain’s cuts

The McClatchy newspaper chain has laid off more than 90 unionized journalists and media workers across 17 publications, representing about 30 percent of its workforce represented by The NewsGuild-CWA. The reductions affe…

President Donald Trump’s childhood home sells for $2 million

President Donald Trump’s childhood home in the Jamaica Estates neighborhood of Queens, New York City, has sold for approximately $1.93 million following a major interior renovation. Built in 1940 by real estate developer…

Midair Flight Chaos

Two male passengers were handcuffed aboard Qatar Airways flight VA7 from Melbourne to Doha after allegedly making violent threats and claiming they possessed a gun. The disturbance escalated approximately six hours befor…

Moncler Fifth Avenue Takeover

Luxury outerwear brand Moncler opened its largest global flagship store on Fifth Avenue in New York City, drawing a prominent gathering of cultural figures and celebrities. The multi-story retail space located in the Gen…

Crypto billionaires give $97 million to Reform UK, fueling concerns about money in politics

Reform UK received seventy-two million pounds from cryptocurrency entrepreneurs Ben Delo and Christopher Harborne, marking unprecedented political donations in British history. The contributions, split equally at thirty-…

U.S.-Canada trade war set to hit hard in midterm battleground states

The escalating trade dispute between the United States and Canada has emerged as a central political flashpoint ahead of the midterm elections, directly impacting competitive swing states. Following the collapse of bilat…

Young Americans Are Buying Something Fashion Can’t Manufacture: History

Young American consumers, particularly Gen Z, are increasingly rejecting mass-produced fast fashion in favor of vintage apparel, thrifted items, and archival clothing. Industry analysts report a growing consumer fatigue …

David Sacks Challenges Anthropic Whistleblower Claims Ahead of $2 Trillion IPO

Former White House official David Sacks publicly challenged statements made by former Anthropic researcher Jacob Coxon regarding artificial intelligence risks. Coxon recently resigned after six weeks at the company and p…

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