United States lender grants OpenAI $520 million credit

 

SAN FRANCISCO, July 9, 2026 – Bank of America has extended a $520 million revolving credit line to OpenAI, marking the U.S. lender’s first lending arrangement with the San Francisco-based creator of ChatGPT, according to a Reuters report citing a person familiar with the matter. The new facility makes Bank...

Riverside, Questcorp Complete Geophysics, Continue La Union Drilling

 

Vancouver — Riverside Resources and partner Questcorp Mining announced on July 9, 2026 the completion of expanded aeromagnetic drone and induced polarization (IP) ground geophysics programs at the La Union project in Sonora, Mexico, and the integration of processed aeromagnetic data into the ongoing summer core drilling campaign targeting Union,...

Turkey summit sees Trump end Iran ceasefire

 

Ankara, Turkey – Global financial markets fell sharply on Wednesday, July 8, 2026, after U.S. President Donald Trump declared that the ceasefire between the United States and Iran was "over" during remarks on the sidelines of a NATO summit in Ankara. The announcement immediately unsettled investors as it signaled a...

United States prediction market Polymarket battles for legitimacy

 

United States-based prediction market platform Polymarket is mounting a large-scale return to the country after a four-year absence, according to a recent report. The company quietly re-entered the US in late 2025 by acquiring a licensed derivatives exchange, in a move designed to demonstrate that it now operates within American...

United States secures $30 billion Apple-Broadcom chip pact

 

Apple has announced a multiyear agreement with Broadcom worth more than $30 billion to design and manufacture custom silicon and advanced wireless components in the United States through 2031. The deal, disclosed this week, is part of Apple’s American Manufacturing Program, which aims to strengthen domestic high‑tech production and reduce...

United States seeks $1.4 trillion penalty from Meta

 

OAKLAND, California – Meta Platforms is confronting a potential $1.4 trillion penalty sought by four U.S. states, in what would be one of the largest financial claims ever pursued against a technology company. The states allege that Meta deliberately designed its Facebook and Instagram platforms to be addictive for young...

United States: Oracle cuts 21,000 jobs citing AI

 

United States – Oracle has cut 21,000 jobs during its 2026 fiscal year, reducing its global workforce from 162,000 to 141,000 employees, according to its latest annual filing with the U.S. Securities and Exchange Commission. The database management and cloud computing company said the cuts amount to a 13% reduction...

Fort Collins plant to build Apple Broadcom chips

 

Apple Inc. has signed a multiyear agreement with Broadcom Inc., announced Wednesday, July 8, 2026, to manufacture custom silicon and advanced wireless components in the United States. The deal, expected to exceed $30 billion, is the largest commitment so far under Apple’s American Manufacturing Program, launched in 2025 to reshore...

Kansas to Feature XRP Jersey Patches Fall 2026

 

Lawrence, Kansas. Kansas Athletics announced on July 8 that it entered a multi-year sponsorship with Ripple to display the XRP logo as a jersey patch on all Jayhawks teams beginning fall 2026, making XRP the first cryptocurrency brand integrated onto uniforms of a major NCAA Division I program and expanding...

Phoenix Energy Files SEC-Approved Flexible Notes Offering Today

 

IRVINE, Calif. — Phoenix Energy One, LLC announced on July 8, 2026 that the U.S. Securities and Exchange Commission declared effective its registration statement for Phoenix Flex Junior Secured Notes, a registered offering to issue notes across key U.S. basins that will allow income-focused investors to receive fixed annual interest...