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Globe Ready for National Energy Emergency
In light of the recent declaration placing the country under a State of National Energy Emergency, Globe assured its customers that its services will continue without disruption and as close to normal as possible.

By The Financial District
3 days ago1 min read


Nvidia Invests $2 Billion in Nebius Amid Rising AI Demand
Nvidia is investing $2 billion in cloud-computing firm Nebius, enabling the company to deploy more than five gigawatts of computing capacity by the end of 2030.

By The Financial District
3 days ago1 min read


Diabetics Alarmed Over Deaths Linked to "Faulty" Glucose Monitors
Diabetes patients and their families are raising concerns—and in some cases filing lawsuits—after Abbott Diabetes Care recalled glucose monitors linked to seven deaths.

By The Financial District
3 days ago2 min read


Berkshire’s Deal for OxyChem Looks Like a Winner for CEO
Berkshire Hathaway’s $9.7-billion cash purchase of Occidental Petroleum’s chemical business appears to be a win for CEO Greg Abel, who played a key role in the transaction before taking the helm.

By The Financial District
3 days ago2 min read


Air New Zealand Cancels 1,100 Flights
Air New Zealand announced it will cancel about 1,100 flights over the next two months, citing the economic impact of the Middle East conflict.

By The Financial District
3 days ago1 min read


Activists Target Lamb Weston and Other Food Companies
Sluggish sales growth and changing consumer habits are drawing activist investors toward packaged food companies and restaurant chains.

By The Financial District
3 days ago1 min read


Oracle’s Cloud Push Fuels Growth but Raises Costs
Oracle faces a critical test of investor confidence when it releases an update on its long-running transition toward cloud computing.

By The Financial District
3 days ago1 min read


PAGCOR Honors Outstanding Women Leaders, Employees
Outstanding women leaders and loyal employees took center stage at the Philippine Amusement and Gaming Corporation’s Women’s Month culminating event dubbed “DAKILA: A Celebration of Fine Women.”

By The Financial District
3 days ago2 min read


IBM Claims AI Netted It $3.5-B in Productivity Gains
Joanne Wright, IBM’s senior vice president of transformation and operations, says artificial intelligence and automation helped the company generate $3.5 billion in productivity gains since 2023.

By The Financial District
3 days ago1 min read


Meralco Moves Beyond Power Delivery
By the standards of the Philippine power industry, reliability has long been the first test of credibility. On that score alone, Manila Electric Company (Meralco) has an argument that few domestic peers can easily match. MVP-led Meralco’s evolution is reshaping the Philippine energy landscape, where reliability meets innovation across grids, mobility, and digital infrastructure. In a country where brownouts still disrupt economic activity in many regions and infrastructure ga

By Gerry Urbina
Mar 176 min read


Tons of Debt Backed Paramount Takeover of Warner Bros.
Paramount Pictures and Warner Bros. together control about 30% of the US box office, according to Bank of America (BofA), with major franchises including Star Trek, Harry Potter and DC Comics under their umbrella.

By The Financial District
Mar 161 min read


Lindt Says U.S. Weight-Loss Drug Users are Eating More Chocolate
Chocolate sales are rising faster among US users of GLP-1 weight-loss drugs than among the broader population.

By The Financial District
Mar 161 min read


Hims & Hers Battle with Novo Nordisk Takes Surprising Turn
The dispute between telehealth provider Hims & Hers and Danish drugmaker Novo Nordisk over weight-loss drugs appears to have taken an unexpected turn.

By The Financial District
Mar 161 min read


Higher Jet Fuel Prices Pressure U.S. Airlines
Major US airlines are grappling with rising fuel costs—a byproduct of the Iran war—while travel disruptions could emerge just in time for spring break because of a government funding stalemate.

By The Financial District
Mar 161 min read


Aramco Warns of "Catastrophe" if Strait of Hormuz not Reopened
Saudi Aramco, the world’s largest oil exporter, has warned that “catastrophic consequences” could hit global oil markets if the Iran war continues to disrupt shipping through the Strait of Hormuz.

By The Financial District
Mar 161 min read


Chevron, Shell Said to be Close to Cutting Venezuela Oil Deals
International oil majors Chevron and Shell are nearing major production deals with Venezuela, the first since the United States removed President Nicolás Maduro from power in January.

By The Financial District
Mar 161 min read


Paramount’s Stock Fades as Warner Bros. Takeover Swims in Red Ink: BofA
Paramount Skydance fended off Netflix in the battle to acquire Warner Bros. Discovery (WBD), but the real challenge now is integrating the massive company, a process that will take time.

By The Financial District
Mar 161 min read


After 144 Years in New Jersey, Exxon Is Moving to Texas
Exxon Mobil Corp. is seeking to move its legal headquarters to Texas after being incorporated in New Jersey for more than a century.

By The Financial District
Mar 161 min read


Trump Plans 100K-Seat Stadium for UFC Fight on His Birthday, June 14
President Donald Trump says he plans to build a 100,000-seat stadium near the White House to host a UFC fight on his birthday, June 14, 2026.

By The Financial District
Mar 131 min read


China Warns of Global Chip Shortages as Nexperia Row Worsens
China’s commerce ministry has raised the possibility of another global semiconductor supply chain crisis due to “new conflicts” between Dutch chipmaker Nexperia and its Chinese subsidiary.

By The Financial District
Mar 131 min read


OpenAI Head of Robotics Quits After Cutting Deal with Pentagon
Caitlin Kalinowski, head of robotics and consumer hardware at OpenAI, has announced her resignation, citing concerns about the company’s agreement with the Department of Defense.

By The Financial District
Mar 111 min read


Trump Bought Netflix, Warner Bros. Bonds at Height of Bidding War vs Paramount
US President Donald Trump bought more than $1.1 million worth of Netflix bonds over the last three months as the streaming giant unsuccessfully fought Paramount-Skydance to buy Warner Bros. Discovery.

By The Financial District
Mar 111 min read


Anthropic to Fight Hegseth Over Bad Rap on Claude AI
Anthropic vowed to fight the Department of Defense’s designation of the company as a supply chain risk in court as its high-profile standoff with the federal government escalated.

By The Financial District
Mar 111 min read


Trader Joe’s Recalls Food Products Over Possible Glass Contamination
Trader Joe’s has issued an urgent warning to customers about four popular frozen foods that have been included in a massive recall affecting 36 million pounds of various products.

By The Financial District
Mar 101 min read
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