New York: Elon Musk cancels live CNBC interview

 

Elon Musk abruptly canceled a highly anticipated live television interview with CNBC on Friday, July 10, 2026, as SpaceX shares fell about 3 percent amid post-IPO volatility. The interview was set for noon Eastern Time on CNBC’s “Fast Money Halftime Report” and was to be Musk’s first TV appearance since...

New York publishers seek sanctions against OpenAI

 

In New York, a coalition of major U.S. newspaper publishers has asked a federal judge to impose severe sanctions on OpenAI, accusing the company of deception and evidence destruction in a high‑profile copyright lawsuit. In a motion filed Saturday, July 11, 2026, in the Southern District of New York, The...

United States eases AI chip exports to UAE

 

United States – The U.S. Department of Commerce has officially eased export restrictions on advanced artificial intelligence semiconductors to the United Arab Emirates, effective immediately. A notice issued on Friday grants the UAE accelerated treatment under U.S. export control laws, allowing it to purchase cutting-edge AI chips, including high-end processors...

Oregon withdraws delay motion in Paramount-Warner deal

 

Portland, Oregon. The Oregon attorney general's office on Tuesday withdrew a court motion to delay Paramount's proposed $110 billion acquisition of Warner Bros, after earlier this week seeking a 60-day pause and court-ordered records. The office said Paramount had signaled it would not comply with investigative demands and agreed not...

New York: SK Hynix sets record US IPO

 

New York, United States – South Korean memory chipmaker SK Hynix Inc. completed its Nasdaq debut in New York on Friday, July 10, raising $26.5 billion in the largest-ever U.S. initial public offering by a foreign company. The company priced 177.9 million American depositary shares at $149 each, lifting the...

San Francisco: Apple sues OpenAI over alleged trade secrets

 

San Francisco, United States – Apple Inc. has filed a lawsuit in the U.S. District Court for the Northern District of California accusing OpenAI and two former employees of stealing trade secrets. The complaint, lodged on Friday, July 10, alleges that OpenAI encouraged Apple employees to share confidential information about...

United States tech giants boost debt for AI buildout

 

United States-based technology giants Alphabet, Amazon, Meta Platforms, Microsoft and Oracle have dramatically escalated their borrowing to fund an intensive buildout of artificial intelligence infrastructure. Over the past five years, these hyperscalers have added about $350 billion to their collective debt, roughly doubling their total obligations since 2021, according to...

Stellantis stamping plants ramp up to support production

 

Warren, Michigan. Stellantis is increasing output at two Metro Detroit stamping plants in Warren and Sterling Heights this week, producing body panels and components for Jeep, Dodge and Ram models; the Sterling Heights facility is reported at 2.7 million square feet and operates around the clock to supply North American...

NOP CEO To Appear On BTV July 11

 

Vancouver, Canada. Nevada Organic Phosphate Inc. announced on July 10, 2026 that CEO Robin Dow will be featured on Business Television's 'Discover Investing Opportunities' segment airing Saturday, July 11 on the Fox Business Channel at 5:00pm EST (2:00pm PST). The company also announced approval to issue 300,000 stock options to...

United States secures egg price-fixing settlement

 

Washington, DC – The U.S. Department of Justice Antitrust Division, working with a bipartisan coalition of 17 state attorneys general, has finalized a civil settlement with three of the nation’s largest egg producers over allegations of a multi-year price-fixing scheme. Announced on July 10, 2026, the agreement resolves claims that...