top of page
Search


China Bars Manus Co-Founders from Leaving; Reviews Sale to Meta
China has restricted two co-founders of artificial intelligence (AI) startup Manus from leaving the country as regulators review whether Meta’s $2 billion acquisition of the firm violated investment rules.

By The Financial District
Apr 81 min read


Energy Shocks to Slow Climate Action, Says BHP Executive
Ongoing energy disruptions will set back efforts to curb greenhouse gas (GHG) emissions as nations prioritize supply security, according to one of the most senior executives at the world’s top mining company, BHP Group.

By The Financial District
Apr 71 min read


Nvidia’s Jensen Huang Claims AGI Has Been Achieved
Nvidia CEO Jensen Huang is stirring debate among advocates of artificial general intelligence (AGI).

By The Financial District
Apr 71 min read


Danone Buys Meal Supplement Maker Huel for €1 Billion
The British meal supplement maker Huel is being bought by Danone for a reported €1 billion (£864 million).

By The Financial District
Apr 71 min read


Australia’s ABC Staff Go on Strike After 20 Years
Staff at the Australian Broadcasting Corp. (ABC) went on strike for the first time in 20 years after rejecting a pay rise offer.

By The Financial District
Apr 61 min read


HSBC Sees Steep Decline for Tesla Stock
HSBC analyst Mike Tyndall has reiterated a “reduce” rating on Tesla, warning that the company’s shares could fall by more than 60%.

By The Financial District
Apr 61 min read


Musk to Pay Billions After Losing Twitter Purchase Case
A California jury has found that Elon Musk misled Twitter investors in the lead-up to his $44 billion acquisition of the social media company, potentially exposing him to billions in damages.

By The Financial District
Apr 61 min read


Oracle Joins Tech Peers in Layoff Spree
Oracle is reportedly conducting layoffs as the software giant joins other technology companies trimming staff amid a surge in artificial intelligence (AI) spending.

By The Financial District
Apr 61 min read


Anthropic Does Damage Control After Claude Leak
Anthropic moved quickly to remove leaked source code for its Claude AI agent after accidentally exposing underlying instructions, potentially giving competitors and hackers insight into the model.

By The Financial District
Apr 61 min read


Apple Turns 50, Remains a Dominant Force
April 1 marked the 50th anniversary of Apple’s founding by Steve Jobs, Steve Wozniak, and Ronald Wayne, who soon left the company.

By The Financial District
Apr 51 min read


Nike Stock Plunges to Lowest Price Since 2015
Shares in Nike fell 13% at the opening bell, reaching their lowest intraday price since 2015 after the company released an outlook report that came in below analyst expectations.

By The Financial District
Apr 51 min read


CBS News Lays Off 60 People, 6% of Division’s Workforce
CBS News has announced layoffs, with sources indicating that nearly 60 employees—about 6% of the division’s workforce—could be affected.

By The Financial District
Apr 31 min read


FedEx Worried About Its Q3 Financial Report
FedEx’s fiscal third-quarter report will be closely watched as a bellwether of economic activity, offering early insights into consumer demand amid tensions in the Middle East.

By The Financial District
Apr 21 min read


Musk Opposes Tax on Billionaires; Sanders Says They’ll Pay Only 5%
The richest person in the world and one of the most well-known figures leading the cause against creating more people like him have many differing views on taxing the ultra-wealthy.

By The Financial District
Apr 22 min read


SM Prime to Develop Harrison Plaza Complex for ₱6-B
SM Prime Holdings Inc. (SM Prime) is investing more than ₱6 billion to redevelop the former Harrison Plaza complex in Manila, with the flagship mall slated to open in 2027.

By The Financial District
Apr 11 min read


Judge Orders 1,000 VOA Staffers Back to Work in Rebuke to Kari Lake
A federal judge has ordered the parent agency of Voice of America (VOA) to reinstate 1,042 full-time employees who had been placed on leave, ruling that actions taken by Trump administration official Kari Lake were “arbitrary and capricious."

By The Financial District
Apr 11 min read


Billionaires Exploit AI to Double Their Wealth in One Year
Last year was a banner year for many hedge funds and quantitative investment firms, and Greenwich, Connecticut-based Applied Quantitative Research (AQR) was no exception.

By The Financial District
Apr 11 min read


PAL Earns $160-M in 2025
Philippine Airlines (PAL) maintained strong profitability in 2025, posting a net income of $160.4 million despite a more challenging global aviation environment.

By The Financial District
Apr 12 min read


Meta, YouTube Told to Pay $6-M in Damages Over “Addictive” Design
A state court in Los Angeles awarded $6 million in damages—half of it punitive—against Meta Platforms and YouTube parent Alphabet to a woman who said the apps’ addictive design contributed to mental health issues, including anxiety and depression.

By The Financial District
Mar 311 min read


Micron Smashes Expectations as it Prepares to Spend Big
Micron Technology plans to invest heavily in production projects as demand for memory chips surges, a trend that helped it triple second-quarter revenue.

By The Financial District
Mar 312 min read


MacBook and iPhone Give Hope for Slumping Apple Stock
Apple stock has struggled this year, including a current streak of four consecutive weekly declines.

By The Financial District
Mar 311 min read


Netflix Raises Prices Anew as Streaming Wars Rage
Netflix has once again raised prices across its streaming subscription tiers, signaling that media platforms are likely to become more expensive for consumers.

By The Financial District
Mar 311 min read


Air Travelers Inconvenienced, but Rental Cars, Security Firms Profit
Passengers may not appreciate the long airport security lines caused by TSA staffing shortages, but there have been some benefits for investors in rental car and security companies.

By The Financial District
Mar 311 min read


Wilcon Income Hits ₱2.4-B; Dividends Raised
Wilcon Depot, Inc., the Philippines’ leading home improvement and finishing construction supplies retailer, reported that its fourth-quarter net income reached ₱580 million, up 41.3% or ₱169 million year-on-year, driven by net sales of ₱9.107 billion.

By The Financial District
Mar 312 min read
bottom of page
![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/TFD%20%5BLOGO%5D%20(10).png)