Latest news →Find published stories by month and topic.
The UK government has unveiled major reforms to the house-buying system, aiming to reduce costs, delays, and failed sales. Key changes include mandatory upfront property information for sellers and estate agents, potenti…
Foster Poultry Farms is recalling over 3.8 million pounds of chicken corn dogs due to wood fragments found in the batter, which has caused at least five injuries. The affected products were manufactured between July 30, …
American Express is increasing the annual fee for its Platinum card from $695 to $895, adding new benefits like credits for Resy, Lululemon, and Uber One. While Amex aims to retain its customer base, particularly younger…
AI investment is rapidly reshaping venture capital, with projections indicating it will surpass 50% of all VC funding by 2025. This year alone, VCs have invested $192.7 billion in AI, representing a significant portion o…
Billionaire David D. Halbert has built a private, "no-budget" 18-hole golf course in Texas, designed by Tom Fazio. Halbert National, costing around $50 million and on 170 acres, is exclusively for his friends and family.…
The Trump administration has rescinded $500 million in federal funding for Colorado's energy and climate projects, impacting universities, private companies, and government offices. The Department of Energy cited economi…
Naveen Rao, former Databricks AI head, is reportedly in talks to raise $1 billion for his new startup, Unconventional, Inc. The company aims to build a new type of computer, potentially challenging Nvidia. Andreessen Hor…
California Governor Gavin Newsom has signed a new law allowing over 800,000 ride-hailing drivers to unionize and bargain for better wages and benefits. This landmark legislation represents a significant compromise betwee…
A fire at Chevron's El Segundo oil refinery is expected to immediately increase Southern California gas prices. The explosion damaged a jet fuel unit, but the extent of disruption to fuel production remains uncertain. Wi…
Cracker Barrel has terminated its contract with design firm Prophet after a disastrous brand refresh. The company's new logo, which removed iconic elements, and modernized restaurant interiors faced significant public ba…
Asahi beer production in Japan is facing significant disruption due to a cyberattack, reportedly ransomware. The beverage maker's systems are offline, halting order processing, shipments, and call center operations. Whil…
Hitachi shares surged over 9% following a partnership announcement with OpenAI for global AI infrastructure. In Japan, the Nikkei 225 and Topix saw gains despite a rise in the unemployment rate to 2.6%. Services PMI impr…
Berkshire Hathaway, led by Warren Buffett, is set to acquire Occidental Petroleum's chemical division, OxyChem, for $9.7 billion. This marks Buffett's largest acquisition in three years and will see $6.5 billion used to …
Ashok Elluswamy, a key figure at Tesla, has been instrumental in the company's shift to camera-only self-driving technology and its advancements in AI software. Elluswamy, known for his hands-on approach and risk toleran…
Wall Street trading showed mixed results early Thursday, with tech stocks rising on a significant partnership between South Korean firms Samsung and SK Hynix with OpenAI for memory chip supply. Despite a U.S. government …
China's new K visa, designed for STEM professionals, has sparked domestic backlash and concerns among Indians. Initially overlooked, the visa's launch has ignited fears of increased job market competition and preferentia…
Global stock markets, including Asia, continued their record-breaking rally, fueled by renewed enthusiasm for artificial intelligence. Asian shares saw a 1.1% increase, with chipmakers like Samsung Electronics and SK Hyn…
Taiwan has rejected a U.S. proposal for a 50-50 split in semiconductor production, with the island's top trade negotiator stating the idea was not even discussed. The talks focused on tariff reductions and export levies.…
Elon Musk has achieved a historic net worth of over $500 billion, making him the first person to reach this milestone. This surge is attributed to the rising valuations of Tesla, SpaceX, and his AI startup xAI. Musk's we…
Microsoft is significantly altering its Game Pass service with rebranded tiers and a substantial price hike for Game Pass Ultimate, now costing $30 per month, a 50% increase. While this premium tier gains over 45 games i…
Google has implemented further layoffs within its Cloud division, primarily impacting user experience (UX) and design roles. These cuts are part of the company's ongoing strategy to enhance efficiency and speed, followin…
Walmart announced it will remove 30 ingredients, including synthetic food dyes and preservatives, from its U.S. store brands by January 2027. The move, affecting about 1,000 products, responds to consumer demand for fewe…
The U.S. government is acquiring a 5% stake in Lithium Americas, a company developing the significant Thacker Pass lithium mine in Nevada. This move aims to bolster domestic supply chains for critical minerals, reducing …
President Trump's threat of pharmaceutical tariffs has been softened by a new drug-pricing deal with Pfizer. The agreement includes a three-year exemption from tariffs for Pfizer in exchange for $70 billion in domestic i…
A High Court judge has ordered PPE Medpro, a company linked to Baroness Mone, to pay £122 million in damages for breaching a government contract to supply PPE during the Covid-19 pandemic. The court found the company fai…