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GE Aerospace to buy castings supplier for nearly $12 billion to tackle engine bottleneck

GE Aerospace announced an agreement to acquire castings and forgings supplier Consolidated Precision Products for approximately $12 billion to address persistent supply chain bottlenecks in commercial and military jet en…

Lululemon Shares Plunge 20% After Shock Revenue Miss and Guidance Cut

Lululemon Athletica Inc. shares plummeted twenty percent in early market trading following a disappointing second-quarter earnings report and a sharp reduction in forward financial guidance. Although the athletic apparel…

Volkswagen Weighs Sale of Ducati in Major Restructuring

Volkswagen AG is actively evaluating the potential divestment of its high-performance motorcycle subsidiary, Ducati, as part of a sweeping corporate restructuring initiative aimed at streamlining global holdings by rough…

10 biggest bank and brokerage sign-up bonuses of September 2026 — including 2 offering $10,000

Major United States financial institutions and online brokerages launched competitive promotional campaigns offering substantial cash bonuses ranging up to ten thousand dollars for high-net-worth customers and large depo…

Copper Hits All-Time Record High on Tariff Fears

Copper prices surged to an all-time record high on the London Metal Exchange, driven by mounting market expectations that the United States administration will aggressively broaden import tariffs to include refined indus…

U.S. Lawmakers Face Mounting Pressure for New Tariffs as China Trade Imbalance Widens

U.S. lawmakers face mounting political pressure to enact aggressive new import tariffs following official customs data revealing a widening trade deficit with China. Data published by China’s General Administration of Cu…

Trump Threatens Bombardier Sales Ban, Sparking Pushback From GOP Senator

U.S. President Donald Trump announced that Montreal-based aircraft manufacturer Bombardier would be barred from selling its products in the United States unless the company shifted its manufacturing operations stateside.…

Jaguar Land Rover will cut 4,000 jobs to reduce costs and compete with China

Jaguar Land Rover confirmed plans to eliminate 4,000 positions across its global workforce over the next two years as part of a major cost-cutting initiative. Britain's largest automaker aims to secure 1.7 billion pounds…

Global shares are mixed as chipmaker shares rally in Tokyo and Seoul

Global stock markets traded mixed on Monday as strong rallies among computer chipmakers and technology shares in Tokyo and Seoul contrasted with modest declines across European benchmarks and subdued U.S. futures. Japan'…

SpaceX to “Completely Decouple” from Chinese Supply Chain Under U.S. Pressure

SpaceX is implementing strict measures to completely remove Chinese factors from its global supply chain, according to a Nikkei Asia report. The company has sent audit teams to supplier factories worldwide to enforce a b…

Former Chicago Bulls general manager Marc Eversley sells Southport Corridor home for $2.4M

Former Chicago Bulls general manager Marc Eversley and his wife, Jennifer Delvecchio, have successfully sold their luxury residence in Chicago's Southport Corridor neighborhood for 2.4 million dollars, eclipsing its init…

Many Loop restaurants shut their doors during the pandemic. Now new ones are taking their place.

Urban commercial cores across the United States experienced severe economic disruption during the COVID-19 pandemic due to a heavy reliance on daily commuter populations rather than local residential bases. Business dist…

Apple Shares Slip 2.5 Percent as New CEO John Ternus Faces Scrutiny Ahead of High-Stakes iPhone Launch

Apple Inc. shares declined 2.5 percent to close at $319.98 ahead of a holiday-shortened trading week, pressured by cautious institutional sentiment and analyst downgrades before a major hardware event. The market pullbac…

Amazon cargo plane sends up billowing cloud of smoke after overrunning runway at Miami airport

An Amazon Prime Air cargo plane overran a runway at Miami International Airport on Sunday afternoon, striking multiple vehicles and erupting into flames. The Federal Aviation Administration confirmed the aircraft arrived…

Americans hit with record-high Labor Day Weekend gasoline prices

American drivers face record-high gasoline prices over the Labor Day holiday weekend, driven by surging crude oil costs and constrained fuel inventories. The national average gasoline price reached $4.13 per gallon, surp…

Warsh Warns: Rate Hike on Table if Inflation Fails to Cool

Federal Reserve Chair Kevin Warsh adopted a hawkish stance, warning that the central bank will consider further rate hikes if inflation fails to decline toward its two percent target. The policy shift arrives amid a divi…

Ad-Tech Firm The Trade Desk Slashes 15% of Workforce Amid Restructuring

Ad-tech firm The Trade Desk announced a global workforce reduction of approximately fifteen percent, impacting staff immediately following the decision communicated by Chief Executive Officer Jeff Green on Thursday. The …

Kalshi is betting that an app in Spanish connects with users

Federally regulated financial exchange Kalshi has launched Spanish-language support for its platform, driven by a surge in traffic from Spanish-speaking users during major global events and elections. According to compan…

Japanese motor-maker Nidec says it found hundreds of cases of quality control misconduct

Japanese motor manufacturer Nidec Corporation released findings from an internal investigation revealing 844 instances of quality control misconduct spanning the past decade. Chief Executive Mitsuya Kishida publicly apol…

Greeks promised tax relief, wage hikes as protesters take to the streets over cost of living crunch

Greece announced a two billion euro support package featuring tax cuts and wage hikes as thousands protested living costs in Thessaloniki. Prime Minister Kyriakos Mitsotakis detailed the measures during an economic addre…

What’s open on Labor Day? Most retailers. Closed? Government, banks and the stock market.

Labor Day 2026 brings closures across federal, state, and local government offices, public schools, courts, financial institutions, and standard mail delivery services nationwide. Federal holidays mandate the suspension …

Foxconn says third quarter to outperform market expectations on AI strength

Foxconn announced its third-quarter financial performance will exceed market expectations, driven by sustained global demand for artificial intelligence hardware and the onset of peak seasonal manufacturing for informati…

Commerce Secretary Howard Lutnick Discloses Over $250 Million in Income Amid Cabinet Transition

U.S. Commerce Secretary Howard Lutnick disclosed at least $250 million in income over the past year, largely stemming from his prior ownership stakes in financial-services giant Cantor Fitzgerald, according to his latest…

Taylor Swift's $100 million real estate portfolio includes houses in Nashville, Rhode Island, and Beverly Hills

Pop superstar Taylor Swift has built a massive real estate portfolio valued at over one hundred million dollars across the United States. Property records and public analyses confirm her holdings span iconic regions, pro…

Selena Gomez & Mom Sued for Allegedly Defrauding Investors

Entertainer Selena Gomez, her mother Mandy Teefey, and former business partner Daniella Pierson are facing a federal lawsuit filed by venture capital investors regarding the mental health startup Wondermind Global. Plain…

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