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The Republican-led Federal Trade Commission (FTC) approved a $13.5 billion merger between Omnicom and Interpublic Group, imposing a condition barring the merged entity from steering ad dollars based on political viewpoin…
Trump Media & Technology Group (TMTG), operator of Truth Social, announced a $400 million stock buyback plan to enhance financial flexibility. This follows a 46% stock value decline this year. The buyback will retire the…
Existing home sales in May reached their slowest pace since 2009, declining 0.7% year-over-year, according to the National Association of Realtors. Chief Economist Lawrence Yun attributes the sluggish sales to affordabil…
Holcim, a leading sustainable construction partner with CHF 16.2 billion in 2024 net sales, and its spin-off Amrize ($11.7 billion revenue), reported strong financial results. Holcim operates in 45 markets globally, offe…
Stellantis' new CEO, Antonio Filosa, assumes his role amid significant challenges. He succeeds Carlos Tavares, whose tenure saw declining sales and strained relationships with dealers and employees. Filosa, a 25-year Ste…
Bitcoin fell below $100,000 for the first time in a month, dropping 4% to around $99,300 following U.S. airstrikes on Iran. Ether also experienced a significant decline of almost 10%, and the overall crypto market plumme…
Bitcoin surged past $102,000 after a brief dip below $101,000, fueled by increased trading volume. The rebound followed a post by James Lavish, Managing Partner of the Bitcoin Opportunity Fund, emphasizing Bitcoin's valu…
Proposed budget cuts to Medicaid and the Affordable Care Act threaten to eliminate nearly 500,000 healthcare jobs over the next decade, according to analyses by George Washington University and the Commonwealth Fund. Red…
SEGA Sammy's Management Meeting 2025 revealed sales figures for several titles. Sonic Frontiers sold 4.57 million copies, while Persona 5 Royal reached 7.25 million. Sonic Superstars, despite initial concerns, sold 2.43 …
Early back-to-school and Apple gadget deals are available now, beating Amazon Prime Day prices. Retailers are offering discounts on earbuds, laptops, tablets, and more, with some items like AirPods and iPad Air already a…
Accenture (ACN) shares plunged 6.9% after its Q3 bookings missed expectations, despite strong AI-driven sales. Albemarle (ALB) dropped 4.6% due to oversupply concerns in the lithium market. Steel Dynamics (STLD) fell 3.2…
India's aviation regulator, the DGCA, issued Air India a formal warning for safety violations. Three Air India Airbus planes flew despite overdue checks on emergency escape slides; one delay exceeded a month. The DGCA's …
The S&P 500 fell 0.22% to 5,967.84 on Friday, influenced by Middle East tensions and uncertainty over Federal Reserve interest rate cuts. While Fed Governor Waller suggested potential July cuts, Chair Powell remains data…
The Supreme Court refused to expedite a challenge by toy companies Learning Resources and hand2mind against President Trump's tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The ruling allo…
Darden Restaurants, parent company of Olive Garden and LongHorn Steakhouse, exceeded Wall Street's expectations in its fiscal fourth-quarter earnings, reporting $2.98 adjusted earnings per share against an expected $2.97…
Insurance giant Aflac confirmed a data breach potentially exposing customer Social Security numbers, claims, and health information. The breach, attributed to the cybercrime group Scattered Spider, follows similar attack…
JPMorgan Chase, aiming to boost its online investment platform, is launching new tools for bond and CD trading on its mobile app. This expansion, part of a broader strategy to attract more frequent investors, offers feat…
Rising tensions between Israel and Iran, fueled by continued attacks and strong rhetoric, are creating global market uncertainty. The potential US involvement, warned by Russia to be highly escalatory, is causing concern…
Labubu, elf-like dolls from Chinese toy maker Pop Mart, have become a global sensation. Their popularity, fueled by celebrity endorsements (Rihanna, Dua Lipa, Kim Kardashian) and a unique blend of cute and quirky aesthet…
Lexington's air traffic control tower is implementing staffing changes due to nationwide recruitment challenges. Midnight shifts will have reduced personnel to bolster daytime coverage. The demanding nature of the job, r…
President Trump's fluctuating immigration enforcement policies are causing widespread disruption and fear among businesses reliant on immigrant labor. Initially pausing raids, the administration then resumed aggressive e…
Texas Instruments (TI) announced a record-breaking $60 billion investment in US chip manufacturing. This massive undertaking will involve building or expanding seven facilities across Texas and Utah, generating an estima…
Following a fatal Air India Dreamliner crash last week in Ahmedabad, India, killing at least 270, the aviation regulator mandated additional safety inspections on the airline's Boeing 787 fleet. This has caused widesprea…
OpenAI CEO Sam Altman revealed that Meta is aggressively poaching his staff, offering $100 million signing bonuses and substantial annual compensation. Despite these lucrative offers, Altman claims his top talent remains…
Coinbase and Palantir's sponsorship of Trump's poorly attended military parade sparked widespread criticism. The event, criticized for shoddy planning and blatant corporate branding, highlighted Silicon Valley's appeasem…