United States-based Tesla has imposed a strict $200 weekly cap on artificial intelligence spending for employees, triggering internal concerns about its potential impact on innovation and the company’s long-term AI strategy. The limit applies to tools and services that support AI-related work, and employees say the spending ceiling is already...
Democratic candidates across the United States are increasingly framing Donald Trump’s rapidly expanding personal fortune as a central campaign issue, arguing it highlights corruption and a disconnect from Americans’ economic struggles. The shift comes after Trump disclosed that his personal income exceeded $2 billion last year, followed by a high-profile...
WASHINGTON — The U.S. economy is confronting simultaneous labor market weakness and trade policy uncertainty as the July 4th holiday approaches, with fresh data and diplomatic moves pointing to a more fragile outlook. Bureau of Labor Statistics figures show employers added 57,000 jobs in June, about half of economists’ expectations...
WASHINGTON — The U.S. Federal Trade Commission has reached a $35 million settlement with travel-booking app Hopper, resolving allegations that the company used hidden fees and manipulative interface design to deceive consumers. In a complaint filed on July 2, 2026, the FTC alleged that Montreal-based Hopper and its U.S. subsidiary,...
United States – SpaceX began trading on the Nasdaq on Friday under the ticker symbol SPCX after completing the largest initial public offering in history, raising $75 billion (€65 billion) and valuing the company at about $1.78 trillion (€1.54 trillion). The listing marks a major transition for Elon Musk’s firm...
In London on Thursday, Phoenix Copper Limited said it plans to raise about £2.3 million gross via a placing and subscription of roughly 460 million new ordinary shares at 0.5 pence each, a 54.5% discount to Tuesday’s 1.1 pence closing mid-market price. Net proceeds of about £2.0 million will be...
United States – Amazon is accelerating its push into AI-powered consumer hardware under Panos Panay, its hardware and services chief, who outlined the company’s latest plans in a recent episode of The Tech Download. Panay described Alexa+, an upgraded, more contextual version of the Alexa voice assistant that is designed...
Ford Motor Company, based in Detroit, is moving to shed its reputation for leading the U.S. in vehicle recalls and quality problems, which have weighed on earnings and customer trust for much of the past decade. CEO Jim Farley told CNBC in an interview this week that the company has...
DALLAS — The Texas Stock Exchange (TXSE) is set to launch trading on Monday, July 6, 2026, marking a rare new entry into the U.S. equities marketplace and a direct challenge to the longstanding dominance of the New York Stock Exchange and Nasdaq. The Dallas-based startup, backed by about $120...
United States and European markets saw sharp declines in semiconductor shares after reports that Anthropic has begun early-stage development of its own artificial intelligence chips and entered talks with Samsung Electronics about potential manufacturing using its 2-nanometer process and advanced packaging. Anthropic has not yet determined the processor’s precise use...
