White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and...
Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker
What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of...
Asian markets open: Nikkei down; Bank of Korea holds rates; Sensex opens flat
Asia-Pacific stock markets began Thursday’s session with a mixed performance, as investors navigated a complex landscape of new US tariff...
OpenAI to launch AI-powered browser, targeting Chrome’s dominance: report
OpenAI is preparing to launch an artificial intelligence-powered web browser in the coming weeks, potentially setting the stage for a...
Trade tariffs force Nissan to suspend production of key models for Canada
Nissan Motor has announced a suspension of US production for three of its vehicle models specifically designated for the Canadian...
TSMC posts 39% jump in June quarter revenue, beats estimates on AI demand
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 39% year-on-year increase in revenue for the June quarter, exceeding analyst expectations and...
Core Scientific deal reveals cracks in CoreWeave’s bull case
Shares of Core Scientific plunged after AI cloud provider CoreWeave announced plans to acquire the data center firm in an...
European stocks soar higher on hopes of trade deal: FTSE up 0.8%, DAX jumps 0.4%
European stocks advanced on Thursday as investors looked for signs of progress in trade talks between the United States and...
Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of...
Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price...
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