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Document Reveals "Breakneck Expansion" Plan for Immigrant Camps
The Trump administration is planning a massive expansion of immigrant detention facilities, with internal documents showing billions in planned spending to nearly double capacity.
By The Financial District
22 hours ago1 min read


SoftBank Strengthens Role in AI Race
SoftBank and Intel confirmed Monday that Masayoshi Son’s conglomerate will invest $2 billion in Intel stock, making SoftBank the chipmaker’s sixth-largest shareholder.
By The Financial District
22 hours ago1 min read


Corporate Raider Out to Buy Dayforce for $10B
Private equity firm Thoma Bravo is in talks to acquire Dayforce, a human-resources software provider valued at more than $10 billion.
By The Financial District
22 hours ago1 min read


New Lawsuit Challenges Trump’s Federal Takeover of D.C. Police
The District of Columbia is suing to block President Donald Trump’s takeover of its police department.
By The Financial District
22 hours ago1 min read


Oracle’s Security Chief Quits
Mary Ann Davidson, Oracle’s longtime security chief and one of the most senior women executives in the cybersecurity industry, is stepping down.
By The Financial District
23 hours ago1 min read


Air Canada Flights Resume After Union Ordered to End Strike
Air Canada flights resumed on Sunday after the government ordered cabin crew to end a strike that forced hundreds of cancellations.
By The Financial District
23 hours ago1 min read


Applied Materials Suffers Worst Rout Since 2020
Applied Materials Inc. posted its steepest stock decline in five years after issuing a disappointing sales and profit forecast, reigniting concerns that U.S.–China trade tensions are weighing on demand.
By The Financial District
23 hours ago1 min read


PSE Index Edges Higher After Early Sell-Off
The Philippine Stock Exchange (PSE) index closed slightly higher on Friday, eking out a 0.06% gain, or 3.71 points, to finish at 6,281.58 after briefly flirting with losses.
By The Financial District
3 days ago1 min read


UnitedHealth Stock Pops on Buffett’s Berkshire Share Purchase
UnitedHealth Group shares jumped Friday after Warren Buffett’s Berkshire Hathaway disclosed it had purchased 5 million shares last quarter.
By The Financial District
4 days ago1 min read


SKF Sells Non-Core U.S. Aerospace Business to Carco PRP
Swedish bearings maker SKF said it had agreed to sell its non-core aerospace operation in Elgin, Illinois, to Carco PRP Group for an estimated enterprise value of $70 million.
By The Financial District
4 days ago1 min read


Americans Fear AI Permanently Displacing Workers: Reuters/Ipsos Poll
Americans are deeply concerned that advances in artificial intelligence could permanently eliminate jobs.
By The Financial District
4 days ago1 min read


Trump Wants Mail-In Voting to End Even If Illegal
President Donald Trump has admitted that he wants to end mail-in voting to block Democrats from winning elections.
By The Financial District
4 days ago1 min read


Foxconn’s Apple Era Fades as AI Servers Fuel Taiwan Tech Sector
Taiwan’s Foxconn, once synonymous with assembling millions of iPhones, is no longer primarily an Apple supplier as it pivots to capitalize on the AI boom.
By The Financial District
4 days ago1 min read


AstraZeneca Investing ₱7 Billion to Boost PH Healthcare, Build First Pharma Innovation Hub
AstraZeneca, the multinational pharmaceutical and biotechnology giant, is investing ₱7 billion to strengthen healthcare in the Philippines and establish the country’s first Pharma Innovation Hub.
By The Financial District
4 days ago3 min read


Connectivity Without Credibility
We all want faster, cheaper internet. Parents struggling with online classes, farmers needing real-time weather data, entrepreneurs reaching markets beyond their barangay—connectivity is no longer a luxury. It is a lifeline.
By Lito U. Gagni
4 days ago2 min read


Company Launches Financial Intermediary for Doctors
Facing critical shortages of doctors and nurses, startup Medallion launched a new financial intermediary to ease the administrative burden on physicians.
By The Financial District
4 days ago1 min read


CNN Supercut Shows How Putin Played Trump
A CNN segment has highlighted President Donald Trump’s “complete 180” on a Ukraine ceasefire and a “hot mic moment” suggesting Russian President Vladimir Putin wanted to “make a deal for Trump.”
By The Financial District
4 days ago1 min read


1,600 Ministop Stores in Japan Freeze Deli Sales Over Fake Expiry Dates
Japanese convenience store chain Ministop suspended deli sales at about 1,600 outlets after discovering expiry dates on some foods were falsified.
By The Financial District
4 days ago1 min read


Novo Nordisk Shares Up After Wegovy Gets U.S. Nod for Liver Disease Treatment
Shares in Novo Nordisk rose Monday after the U.S. approved its weight-loss drug Wegovy for treatment of a serious liver condition.
By The Financial District
4 days ago1 min read


ByteDance Launching AI Apps Before TikTok U.S. Sale
In 2024, Congress passed a law requiring TikTok—and any other app owned by its Chinese parent company, ByteDance—to be sold or face a ban in the United States.
By The Financial District
4 days ago1 min read


Chipmakers Slide on Wall Street as Trump Floats Equity-for-Grants Plan
Chipmakers led tech losses on Wall Street Wednesday after reports that the Trump administration is considering taking equity stakes in companies vying for federal grants under the Biden-era CHIPS Act.
By The Financial District
4 days ago1 min read


PSE Index Inches Up in Muted Trading
The Philippine Stock Exchange (PSE) index eked out a slim gain on Wednesday, closing at 6,277.87, up just 0.20 points or 0.003 percent, after late-session selling nearly erased early advances.
By The Financial District
5 days ago2 min read


Draining the Flood of Corruption
President Ferdinand Marcos Jr. was visibly angry when he stood on a patch of grassy riprap in Baliwag, Bulacan, where government records claimed a ₱55.7-million riverwall had already been built and fully paid for.
By The Financial District
5 days ago4 min read


UK Backs Down in Apple Privacy Row, U.S. Claims
The U.S. director of national intelligence said the UK has withdrawn its controversial demand for Apple to provide access to encrypted user data worldwide.
By The Financial District
6 days ago1 min read
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