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CXMT Surges 466% in Shanghai Debut

ChangXin Memory Technologies (CXMT) made a historic debut on Shanghai's STAR Market, with its shares surging 466% on the first day of trading. The company, China's largest DRAM manufacturer, raised $8.6 billion in Asia's biggest initial public offering (IPO) this year, according to Reuters . The sha

Jul 28, 9:04 PM ET Est. Read: 2 Mins

6 articles from 3 publishers

BusinessCorporate

Apple Tops $5 Trillion Valuation

Apple briefly surpassed the $5 trillion market capitalization mark on Tuesday, becoming only the second company in history to achieve this milestone after Nvidia. The tech giant's shares hit a high of $342.89 before closing slightly lower at $340.08 , just below the $5 trillion threshold. The comp

Jul 28, 7:14 PM ET Est. Read: 2 Mins

4 articles from 3 publishers

BusinessCorporate

Boeing Reports $428M Q2 Loss Due to Air Force One Costs

Boeing reported a $428 million net loss for the second quarter of 2026, more than double what analysts expected. The loss was primarily driven by cost overruns on its Air Force One replacement program, which added an additional $280 million in expenses this quarter. The company agreed to build two p

Jul 28, 5:33 PM ET Est. Read: 1 Mins

3 articles from 3 publishers

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Legal

eBay Pays $55.7M to Couple in Stalking Case

eBay Inc. and three of its former top executives have agreed to pay a total of $55.7 million to settle a lawsuit filed by Ina and David Steiner, who were targeted in an extensive stalking and harassment campaign. The couple, founders of the trade publication ECommerceBytes , began receiving online t

Jul 28, 3:41 PM ET·2 min read

4 articles from 4 publishers

Corporate

Johnson & Johnson Settles Talc Lawsuits for $5.5 Billion

Johnson & Johnson (J&J) has proposed a $5.5 billion settlement to resolve tens of thousands of lawsuits alleging its talc-based baby powder caused ovarian cancer, according to multiple reports . The settlement covers approximately 76,000 claims and requires the participation of at least 95% of the c

Jul 28, 3:44 AM ET·2 min read

6 articles from 6 publishers

Media

NBCUniversal to Offer Peacock on YouTube Premium

NBCUniversal has reached an agreement with Google's YouTube to offer its streaming service, Peacock , to YouTube Premium subscribers in the U.S., starting early next year. This deal marks Peacock's largest wholesale distribution partnership, making its original shows and live sports events available

Jul 27, 1:29 PM ET·1 min read

4 articles from 3 publishers

Technology

South Korea Unveils $950B in Semiconductor Partnerships

South Korean companies and global technology firms have unveiled semiconductor partnerships valued at a combined $950 billion , following the San Francisco AI Summit attended by President Lee Jae Myung, according to multiple reports. The agreements were announced during a briefing at the presidentia

Jul 26, 5:08 PM ET·3 min read

4 articles from 3 publishers

Economy

Asia LNG Prices Hit Four-Month High Amid Middle East Shipping Fears

Asia spot liquefied natural gas (LNG) prices reached their highest level in four months on July 24, climbing to $22 per million British thermal units (mmBtu) for September delivery into northeast Asia. This increase follows a week-on-week rise from $20.10/mmBtu, driven by fears of wider shipping dis

Jul 24, 4:21 PM ET·2 min read

10 articles from 3 publishers

Corporate

Volkswagen Abandons Revenue Growth Forecast

Volkswagen has abandoned its revenue growth forecast for 2026 due to challenging market conditions and reported a 9.5% profit slump in the second quarter of this year. The company announced that it now expects sales revenue to decline by up to 3%, reversing its previous forecast of growth. The annou

Jul 24, 5:00 AM ET·2 min read

12 articles from 4 publishers

Corporate

Geely to Build EVs at Ford's Spain Plant in New Joint Venture

Geely Auto will build two electric SUVs at Ford’s Valencia plant in Spain starting in 2028, as part of a new joint venture that will be 63% owned by Ford and 34% by Geely , according to multiple reports. The partnership aims to help both companies overcome challenges posed by upcoming European Union

Jul 23, 10:40 AM ET·2 min read

4 articles from 3 publishers

Legal

EU Fines Google $1B for Breaking Antitrust Rules

The European Union has fined Google $1 billion for violating digital antitrust regulations under its Digital Markets Act (DMA). The penalty addresses two breaches: favoring Google's own services in search results and restricting app developers from directing users to cheaper options outside of Googl

Jul 23, 8:41 AM ET·3 min read

10 articles from 7 publishers

Corporate

Tesla Reports Earnings Miss as Cash Flow Turns Negative

Tesla reported weaker-than-expected earnings for the second quarter even as revenue topped estimates. The stock slid about 4% in extended trading on Wednesday. According to CNBC , Tesla's earnings report lands in the midst of a steep decline in its stock price, which is down about 11% this month

Jul 22, 8:10 PM ET·2 min read

7 articles from 4 publishers

Technology

IBM Cuts Revenue Forecast as AI Spending Reshapes Tech

IBM cut its annual revenue growth forecast on July 22, citing shifts in corporate spending toward AI-focused data-center gear. The tech giant now expects 2026 revenue growth between 4% and 5%, down from previous expectations of more than 5%. CEO Arvind Krishna stated that 'a majority of what didn't

Jul 22, 5:54 PM ET·2 min read

15 articles from 3 publishers

Pharmaceuticals

Novo Nordisk Sues Eli Lilly Over GLP-1 Drug Ads

Novo Nordisk has sued Eli Lilly , alleging false advertising in a federal court case filed on Tuesday. According to multiple reports, Novo claims that Eli Lilly's advertisements for its GLP-1 drugs, Zepbound and Mounjaro, use outdated clinical trial data to mislead consumers into believing these dru

Jul 21, 11:49 AM ET·3 min read

6 articles from 5 publishers

CorporateCONFLICTING REPORTS

Thames Water Creditors Propose 'Golden Share' to Avert Nationalization

Thames Water's senior creditors have proposed a 'golden share' for the British government to avert nationalization amid the company's financial and environmental crises. The consortium, holding £17 billion of the utility's debt, aims to avoid public ownership by offering enhanced oversight through t

Jul 21, 6:07 AM ET·2 min read

4 articles from 3 publishers

EcommerceCONFLICTING REPORTS

EU Fines AliExpress $625M for DSA Violations

The European Commission has fined AliExpress a record $625 million for violating the Digital Services Act (DSA), marking the largest penalty issued under this legislation. According to multiple reports, the commission found that AliExpress failed to adequately assess and mitigate risks associated wi

Jul 20, 4:08 PM ET·1 min read

3 articles from 3 publishers

Corporate

Judge Pauses $110B Paramount-Warner Bros Deal Through August

A federal judge has ordered Paramount to temporarily pause its $110 billion acquisition of Warner Bros. Discovery , following a lawsuit filed by a coalition of states led by California, according to multiple reports. The temporary restraining order, issued on Monday by U.S. District Judge Araceli Ma

Jul 20, 1:50 PM ET·2 min read

19 articles from 11 publishers

Corporate

Apple Overtakes Nvidia as Most Valuable Company

Apple briefly reclaimed the title of the world's most valuable company on Friday, surpassing Nvidia as investors reassess the outlook for artificial intelligence. Apple’s market valuation reached approximately $4.88 trillion, while Nvidia’s value dropped to around $4.86 trillion following a 3.5% dec

Jul 17, 4:21 PM ET·1 min read

3 articles from 3 publishers

Corporate

Trump Media Sells Wall Street Early Access to Truth Social Posts

Trump Media & Technology Group (TMTG), the company behind President Donald Trump's social media platform Truth Social, has proposed charging Wall Street firms up to $100,000 per month for faster access to its posts. According to sources familiar with the matter reported by HuffPost and Reuters , TMT

Jul 16, 5:34 PM ET·4 min read

9 articles from 6 publishers

Markets

SpaceX Stock Drops Below IPO Price Amid Volatility

SpaceX’s stock dropped below its initial public offering (IPO) price for the first time since listing, marking a significant shift in investor sentiment. The shares dipped as low as $132.15 during intraday trading on Wednesday before closing at $135.27. The decline comes just over a month after Spac

Jul 16, 10:30 AM ET·2 min read

5 articles from 4 publishers

Corporate

Uber to Acquire Delivery Hero for $14.8B

Uber has reached an agreement to acquire German takeaway company Delivery Hero in a $14.8 billion deal, creating a global food delivery giant. The US tech firm offered €41.50 per share, valuing the business at $14.8bn after accounting for previous purchases of a quarter of Delivery Hero’s shares. Th

Jul 16, 6:20 AM ET·2 min read

5 articles from 3 publishers

Corporate

UK Nationalizes British Steel Amid China Tensions

The UK government has fully nationalized British Steel, taking ownership of the loss-making company previously owned by Chinese firm Jingye Group. The move, announced Thursday, aims to protect domestic steelmaking capacity and prevent job losses at the Scunthorpe plant in northern England—the last f

Jul 16, 4:39 AM ET·2 min read

8 articles from 5 publishers

Corporate

12 States Sue to Block $111B Paramount-Warner Merger

Twelve Democratic-led states led by California sued this week to block Paramount Skydance’s $111 billion acquisition of Warner Bros. Discovery. The merger would combine major media properties including CNN and CBS News under one entity controlled by the Ellison family, who have close ties with Presi

Jul 15, 11:36 PM ET·1 min read

8 articles from 5 publishers

Philanthropy

Buffett Cuts Gates Foundation From Donations

Warren Buffett has decided to exclude the Bill & Melinda Gates Foundation from future charitable donations, redirecting $6 billion in Berkshire Hathaway stock to four foundations linked to his family. This shift comes amid revelations about Bill Gates' ties to Jeffrey Epstein. Buffett plans to donat

Jul 14, 2:33 PM ET·1 min read

12 articles from 8 publishers

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Page 3 of 17

Business

CXMT Surges 466% in Shanghai Debut

Apple Tops $5 Trillion Valuation

Boeing Reports $428M Q2 Loss Due to Air Force One Costs

eBay Pays $55.7M to Couple in Stalking Case

Johnson & Johnson Settles Talc Lawsuits for $5.5 Billion

NBCUniversal to Offer Peacock on YouTube Premium

South Korea Unveils $950B in Semiconductor Partnerships

Asia LNG Prices Hit Four-Month High Amid Middle East Shipping Fears

Volkswagen Abandons Revenue Growth Forecast

Geely to Build EVs at Ford's Spain Plant in New Joint Venture

EU Fines Google $1B for Breaking Antitrust Rules

Tesla Reports Earnings Miss as Cash Flow Turns Negative

IBM Cuts Revenue Forecast as AI Spending Reshapes Tech

Novo Nordisk Sues Eli Lilly Over GLP-1 Drug Ads

Thames Water Creditors Propose 'Golden Share' to Avert Nationalization

EU Fines AliExpress $625M for DSA Violations

Judge Pauses $110B Paramount-Warner Bros Deal Through August

Apple Overtakes Nvidia as Most Valuable Company

Trump Media Sells Wall Street Early Access to Truth Social Posts

SpaceX Stock Drops Below IPO Price Amid Volatility

Uber to Acquire Delivery Hero for $14.8B

UK Nationalizes British Steel Amid China Tensions

12 States Sue to Block $111B Paramount-Warner Merger

Buffett Cuts Gates Foundation From Donations

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Business

CXMT Surges 466% in Shanghai Debut

Apple Tops $5 Trillion Valuation

Boeing Reports $428M Q2 Loss Due to Air Force One Costs

eBay Pays $55.7M to Couple in Stalking Case

Johnson & Johnson Settles Talc Lawsuits for $5.5 Billion

NBCUniversal to Offer Peacock on YouTube Premium

South Korea Unveils $950B in Semiconductor Partnerships

Asia LNG Prices Hit Four-Month High Amid Middle East Shipping Fears

Volkswagen Abandons Revenue Growth Forecast

Geely to Build EVs at Ford's Spain Plant in New Joint Venture

EU Fines Google $1B for Breaking Antitrust Rules

Tesla Reports Earnings Miss as Cash Flow Turns Negative

IBM Cuts Revenue Forecast as AI Spending Reshapes Tech

Novo Nordisk Sues Eli Lilly Over GLP-1 Drug Ads

Thames Water Creditors Propose 'Golden Share' to Avert Nationalization

EU Fines AliExpress $625M for DSA Violations

Judge Pauses $110B Paramount-Warner Bros Deal Through August

Apple Overtakes Nvidia as Most Valuable Company

Trump Media Sells Wall Street Early Access to Truth Social Posts

SpaceX Stock Drops Below IPO Price Amid Volatility

Uber to Acquire Delivery Hero for $14.8B

UK Nationalizes British Steel Amid China Tensions

12 States Sue to Block $111B Paramount-Warner Merger

Buffett Cuts Gates Foundation From Donations

Explore Topics

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