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Walmart and Sam's Club Cut Prices on Thousands of Summer Essentials
Walmart and its warehouse subsidiary, Sam's Club, have lowered prices on thousands of products as part of a summer savings campaign across the United States.

By The Financial District
Jul 91 min read


Sky Agrees to Acquire ITV's Media Business in £1.6 Billion Deal
Sky, the UK television, broadband and mobile provider owned by Comcast, has agreed to acquire ITV's media and entertainment division for up to £1.6 billion (about US$2.1 billion) after months of negotiations.

By The Financial District
Jul 91 min read


UEFA Criticizes FIFA Over Suspension of Balogun's Red-Card Ban
UEFA accused FIFA of crossing "a red line" after the governing body suspended for one year the enforcement of Folarin Balogun's automatic one-match suspension.

By The Financial District
Jul 91 min read


7-Eleven Sues Nike Over Sneaker Design It Says Mimics Its Brand
7-Eleven has filed a trademark infringement lawsuit against Nike, alleging that the sportswear giant unlawfully copied the convenience store chain's signature color scheme for a new sneaker.

By The Financial District
Jul 91 min read


Australian Court Grants Christian Brothers Temporary Pause on Abuse Victim Compensation
An Australian court has granted the Congregation of Christian Brothers a temporary pause on compensation payments to survivors of child sexual abuse after the religious order said it was running out of funds to settle millions of dollars in civil claims.

By The Financial District
Jul 92 min read


Defense Stocks Rally as Global Military Spending Accelerates
Defense stocks are climbing as investors wager that rising military spending, efforts to replenish depleted weapons stockpiles, and the growing adoption of artificial intelligence (AI) in defense will fuel long-term growth in the sector.

By The Financial District
Jul 91 min read


Singapore Seizes $42.5 Million Mansion in Nvidia Chip Smuggling Investigation
Singapore police have seized a luxury mansion allegedly purchased with proceeds from the illegal smuggling of Nvidia artificial intelligence (AI) chips.

By The Financial District
Jul 81 min read


Filinvest Land Turns Over Bicutan Property for NSCR Mega Transit Hub
In a major step toward transforming the country's mass transportation system, Filinvest Land Inc. (FLI) has officially turned over a prime 6,000-square-meter property in Bicutan to the Department of Transportation (DOTr).

By The Financial District
Jul 82 min read


OpenAI Reportedly Proposes 5% Equity Stake for U.S. Government
OpenAI has reportedly offered the US government a 5 percent equity stake in the company as it seeks to ease growing political pressure in Washington.

By The Financial District
Jul 81 min read


Palantir CEO Says OpenAI and Anthropic Have Mispriced Enterprise AI
Alex Karp, chief executive officer of Palantir Technologies, said OpenAI and Anthropic have fundamentally mispriced their AI services.

By The Financial District
Jul 81 min read


Robinsons Retail Delisting Clears Major Hurdle, Spotlighting Shrinking PSE Listed Companies
Robinsons Retail Holdings Inc. (RRHI) has moved a step closer to exiting the Philippine Stock Exchange (PSE) after its majority shareholder, JE Holdings Inc., successfully completed a tender offer that exceeded the minimum ownership threshold required for a voluntary delisting.

By Lito U. Gagni
Jul 82 min read


Elon Musk Criticizes MacKenzie Scott's $26 Billion in Charitable Giving
Billionaire Elon Musk criticized philanthropist MacKenzie Scott's charitable giving, saying it is "making the world a worse place."

By The Financial District
Jul 71 min read


Tesla Limits Employee AI Spending as Companies Rein In Costs
Tesla has introduced limits on employees' spending for artificial intelligence tools as companies seek to control rapidly rising AI-related expenses.

By The Financial District
Jul 61 min read


Fujifilm Revives QuickSnap Line With First New Disposable Cameras in Two Decades
Fujifilm Corp. has announced that it will introduce new products in its QuickSnap disposable camera lineup for the first time in two decades, aiming to capitalize on renewed interest in film photography among younger consumers.

By The Financial District
Jul 61 min read


Chinese Businessman Guo Wengui Sentenced to 30 Years in U.S. Fraud Case
Chinese businessman Guo Wengui, once believed to be among China's wealthiest entrepreneurs, has been sentenced to 30 years in prison in the United States after being convicted of operating a billion-dollar fraud scheme.

By The Financial District
Jul 61 min read


Boeing Warns New Air Force One Deliveries Could Face More Delays
Boeing has made progress on its long-delayed replacement aircraft for the US president, but the project remains at risk of further delays.

By The Financial District
Jul 61 min read


Taylor Swift and Travis Kelce Reportedly Marry in Private New York Ceremony
Taylor Swift and Travis Kelce have reportedly married in a private ceremony in New York.

By The Financial District
Jul 61 min read


South Korea Accuses Google of Abusing Android App Store Dominance
South Korea's antitrust regulator alleged that Alphabet's Google abused its dominant position in the Android app marketplace to hinder competition and said it would recommend corrective measures and financial penalties.

By The Financial District
Jul 41 min read


Ford Recalls More Than 741,000 Vehicles Over Transmission Defect
Ford is recalling more than 741,000 vehicles in the United States because a transmission issue could damage the parking system and increase the risk of a crash or injury.

By The Financial District
Jul 41 min read


U.S. Lawmakers Probe Merck, AbbVie Over China Clinical Trials
A bipartisan group of U.S. lawmakers has launched national security investigations into whether pharmaceutical companies Merck and AbbVie participated in clinical trials in China that may have contributed to the country's military capabilities.

By The Financial District
Jul 31 min read


Microsoft Emerges as Biggest AI Stock Laggard Amid Market Selloff
Microsoft is on track for its worst monthly stock performance since 2000 as investors grow increasingly concerned about capital spending on artificial intelligence (AI) and weakness in the software sector.

By The Financial District
Jul 21 min read


LeBron James to Leave Lakers After Eight Seasons, Report Says
NBA superstar LeBron James will reportedly leave the Los Angeles Lakers this offseason, ending his eight-season tenure with the franchise ahead of the 2026–27 NBA season.

By The Financial District
Jul 21 min read


U.S. Eases Restrictions on Anthropic's Mythos 5 AI Model
The United States has eased restrictions on the use of Anthropic PBC's powerful Mythos 5 artificial intelligence model for "trusted partners.”

By The Financial District
Jul 21 min read


Tim Cook, Elon Musk Warn AI Boom Is Driving Higher Prices
The chief executives of two trillion-dollar companies are warning that the rapid expansion of artificial intelligence is contributing to rising prices.

By The Financial District
Jul 21 min read
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