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China’s Ministry of Commerce, via “Announcement No. 62 of 2025,” imposed sweeping new curbs on rare earth exports, requiring approval and declared end-use even for products with trace amounts. The move tightened Beijing’…
Internal "Amazon Confidential" memos warn AWS is facing a fundamental shift as startups delay adopting its cloud and spend early budgets on AI models, inference, and GPU services that are easier to switch. YC's 2024 coho…
United Airlines CEO Scott Kirby warned the federal shutdown could weaken public confidence and hurt bookings if it drags on, though he said it hasn’t yet dented the carrier’s business. Delta’s Ed Bastian issued a similar…
The Energy Department finalized a $1.6 billion loan guarantee for AEP Transmission to replace nearly 5,000 miles of power lines in Indiana, Michigan, Ohio, Oklahoma and West Virginia, boosting reliability and capacity fo…
More than $120 trillion is set to change hands over the next 25 years, yet most heirs won’t stick with their benefactors’ wealth advisors, Cerulli Associates reports. Only 27% of future beneficiaries plan to keep the adv…
Nestle will cut 16,000 jobs over two years as new CEO Philipp Navratil shifts the Swiss company toward products with “highest potential returns.” Announced alongside stronger nine‑month 2025 sales, the plan targets 12,00…
As U.S. health care premiums climb—up more than 24% since 2019 and poised to rise again—some employers are absorbing costs to shield workers as paycheck deductions are expected to jump 6%–7% next year. NPR reports the av…
India’s goods exports to the US, its largest foreign market, plunged 20% in September and 37.5% over four months as Washington’s 50% tariffs took hold, including a 25% penalty tied to Delhi’s Russian oil purchases. GTRI …
Ontario Premier Doug Ford called for economic retaliation against the U.S. after Stellantis decided to move planned Jeep Compass production from Brampton, Ontario, to Illinois as part of a $13 billion U.S. expansion. Bla…
United Airlines forecast fourth-quarter earnings of $3 to $3.50 a share, above the $2.86 analysts expected, after a rocky start to 2025. Leaning into growth, it lifted third-quarter capacity 7% even as unit passenger rev…
A round of layoffs swept NBC News on Wednesday, eliminating about 150 jobs — roughly 2% of the NBC News Group — ahead of Comcast’s spinoff of Versant. The cuts spanned the division, driven by NBC News ending newsgatherin…
Finance chiefs from the Group of Seven will weigh a joint response to China’s planned move to control the global supply of rare earths, officials said Wednesday. Germany’s finance minister, Lars Klingbeil, told reporters…
With less than a day before new U.S. port fees take effect, the U.S. Trade Representative imposed an extra 150% tariff on Chinese-made cranes and other cargo-handling gear—stacking prior duties to as high as 270%—and shi…
Goldman Sachs will acquire San Francisco-based Industry Ventures, a venture capital firm with $7 billion under supervision, for $665 million in cash and equity, plus up to $300 million tied to performance through 2030. A…
Doug Lebda, founder and CEO of LendingTree, died Sunday in an ATV accident at age 55, the online loan marketplace said. The Charlotte-based company praised him as a visionary whose drive transformed the financial service…
Quantum-computing stocks jumped Monday after JPMorgan Chase named the sector among targets for a new investment push. The bank said it will deploy up to $10 billion across supply chain and advanced manufacturing, defense…
Wall Street rebounded Monday after President Donald Trump dialed back his tariff threats against China, posting “it will all be fine” and urging calm. The S&P 500 rose 1.3%, recouping nearly half of Friday’s worst-since-…
The Netherlands took control of Chinese-owned chipmaker Nexperia to secure European supplies, invoking the Goods Availability Act in September after “acute” governance concerns. The move places the firm under temporary e…
Wingtech Technology plunged the maximum 10% after the Dutch government moved to exert control over its European unit, Nexperia, in a rare step that could strain China–Europe ties. The Hague invoked the Goods Availability…
US equity-index futures rose and oil rebounded after President Donald Trump signaled openness to a deal with China, easing nerves after a flare-up in trade tensions. S&P 500 contracts gained 1.3% and Nasdaq 100 futures 1…
Stocks plunged after President Trump threatened steep China tariffs, prompting Andrew Ross Sorkin—promoting his book “1929”—to draw uneasy parallels to past manias. He says today’s rally, fueled by AI spending, may be a …
After nearly a decade studying the 1929 crash, journalist Andrew Ross Sorkin says today’s Wall Street echoes that era: soaring, AI-fueled gains, mounting speculation and debt, and fading guardrails. He predicts a crash—t…
Warner Bros. Discovery rejected an offer of around $20 per share from David Ellison’s Paramount Skydance as too low, Bloomberg reported, citing unnamed sources. WBD shares closed Friday at $17.10, up more than 36% since …
Wall Street’s biggest banks are set for their strongest investment banking quarter since 2021, with analysts projecting $9.1bn in Q3 advisory and underwriting revenue across JPMorgan, Bank of America, Citigroup, Goldman …
Water shortages in South Texas are jeopardizing a fast-growing industrial hub central to President Donald Trump’s twin goals of dominating global energy markets and slashing trade deficits. Corpus Christi, about 400 mile…