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Sony Raises Profit Forecast As It Expects Less Damage From Trump’s Tariffs
Japanese entertainment and electronics company Sony said Thursday that its profit surged 23% in the last quarter from the year before.

By The Financial District
11 hours ago1 min read


Oklo Joins Nuclear Startups Racing To Build New Reactors
Nuclear start-up Oklo is among the 11 companies selected by the U.S. Energy Department for a test reactor program that aims to have at least three advanced nuclear reactors operating at national laboratories by July 2026.

By The Financial District
13 hours ago1 min read


Japan’s SoftBank Sees Better Fortunes On Surging AI Stocks
Japanese technology conglomerate SoftBank Group Corp. posted a 421.8 billion yen ($2.9 billion) profit in the April–June quarter, rebounding from a loss a year earlier.

By The Financial District
14 hours ago1 min read


Perplexity Bids $34.5-B For Google Chrome, Awaits Judge’s Verdict
Artificial intelligence start-up Perplexity AI has offered Alphabet $34.5 billion to buy Google’s Chrome browser.

By The Financial District
14 hours ago1 min read


CoinDesk Owner Bullish Starts Trading
Bullish, the company that owns crypto news and data site CoinDesk, began trading this week, with a higher valuation than expected.

By The Financial District
14 hours ago1 min read


CoreWeave Shares Fall 10% As Margins Are Squeezed
CoreWeave stock dropped 10% to about $133 on Tuesday after the AI cloud computing company delivered a weak earnings outlook with thinner-than-expected profit margins.

By The Financial District
20 hours ago1 min read


CATL Shuts Down China Lithium Mine For 3 Months
Battery giant Contemporary Amperex Technology Co. Ltd. (CATL) has suspended production at a major lithium mine in China’s Jiangxi province for at least three months.

By The Financial District
21 hours ago2 min read


Dozens Hurt as Blast Rips Through U.S. Steel Plant In Pennsylvania
An explosion Monday at a U.S. Steel plant near Pittsburgh left dozens wounded and people trapped under rubble, with emergency workers on site attempting rescues.

By The Financial District
22 hours ago1 min read


NFL, ESPN Reach Nonbinding Deal For Sale Of NFL Network, Other Assets
Nearly five years after the NFL announced it was looking to sell NFL Network and other media assets, ESPN—long seen as a top contender—has a framework deal in place.

By The Financial District
3 days ago1 min read


Motorola To Benefit From Strong Tech Sales In Q2
Motorola Solutions, Inc. (MSI) is scheduled to report second-quarter 2025 results.

By The Financial District
3 days ago1 min read


Japan Wins $6.4-B Deal To Supply Australia with 11 Stealth Frigates
Australia said it has accepted a Japanese company’s bid for a lucrative and hotly contested contract to build 11 Australian warships, valued at about 10 billion Australian dollars ($6.5 billion).

By The Financial District
3 days ago1 min read


Pfizer Hikes 2025 Profit Outlook On Cost Cuts, Strong Quarterly Results
Pfizer raised its full-year adjusted profit guidance on the back of cost reductions and strong business performance this year.

By The Financial District
3 days ago1 min read


TSMC Discovers Potential Trade Secret Leaks
Taiwan Semiconductor Manufacturing Co. (TSMC) said that it had detected “unauthorized activities” leading to the discovery of potential trade secret leaks.

By The Financial District
3 days ago1 min read


Yum Brands Earnings Miss Estimates as Pizza Hut, KFC Struggle In U.S.
Yum Brands has reported quarterly earnings and revenue that missed analysts’ expectations, with Pizza Hut and KFC posting U.S. same-store sales declines.

By The Financial District
3 days ago1 min read


Ex-Motorola Exec: Smartphone Manufacturing in The U.S. Is Doomed
In 2013, Motorola tried to claw its way into a smartphone market dominated by Apple and Samsung with a bold promise: Made in the USA.

By The Financial District
3 days ago2 min read


L.A.-Based Sports Agency Tops Most Valuable List For 10th Time
Los Angeles–based sports agency CAA has once again earned the top spot on Forbes’ list of the Most Valuable Sports Agencies—ranking No. 1 for the 10th time.

By The Financial District
4 days ago1 min read


Figma Makes a Huge Splash In IPO
Design startup Figma appeared to face an uncertain future in early 2024, after a $20 billion takeover by Adobe collapsed.

By The Financial District
4 days ago1 min read


Despite $3.8-B Kraft Heinz Write-Down, Berkshire Still Has $344-B To Spare
Berkshire Hathaway’s second-quarter earnings report has offered some important insights: Operating earnings were stronger than they first appeared due to one-time, noncash currency losses.

By The Financial District
4 days ago1 min read


Tesla’s Self-Driving Tech Legal Woes Threaten The Industry
Self-driving technology under development by Tesla and its rivals promises safer streets, cleaner air, and reduced urban congestion.

By The Financial District
4 days ago1 min read


Average Corporate Earnings Rate Isn’t Bad At All
Optimists can still cling to the relative strength of corporate profits. With two-thirds of the S&P 500 having reported second-quarter results, average earnings growth stands at 10.3% year-over-year.

By The Financial District
4 days ago1 min read


Toyota Raises Planned Global Output To 10 Million Vehicles
Toyota Motor Corp. has raised its global production target for 2025 to approximately 10 million vehicles, which would mark the first time in two years it has reached that level.

By The Financial District
4 days ago1 min read


First Lady Optimistic on GMR Group Entry to Sangley
GMR, an Indian conglomerate with a history of turning transport hubs into catalysts for national growth, now has its sights set on Sangley Point in Cavite as its next transformative project.

By Lito U. Gagni
5 days ago3 min read


Spotify Slaps 9% Price Hike on Subscribers
Spotify has announced a €1 increase for customers on its individual Premium plan, effective September 2025.

By The Financial District
6 days ago1 min read


Rheinmetall Secures €770-M Order from German Army
Germany’s armed forces, the Bundeswehr, have placed an order with Rheinmetall for around 1,400 military logistics vehicles, valued at €770 million.

By The Financial District
7 days ago1 min read
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