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Air India Crash Victims’ Families Sue Boeing, Honeywell
The families of four passengers who died in an Air India jet crash in June have filed a lawsuit in the United States against planemaker Boeing and aircraft parts maker Honeywell, accusing them of negligence.

By The Financial District
Sep 22, 20251 min read


Cyberattack Strands Thousands of Passengers in UK, EU Airports
A cyberattack on a key provider of airline check-in and boarding systems disrupted operations at major European airports on Saturday, delaying and canceling flights across the continent.

By The Financial District
Sep 22, 20251 min read


Musk Buys $1B Worth of Tesla Stock to Boost Company’s Value
Tesla’s stock rose last week after Elon Musk bought more than 2.5 million shares, worth about $1 billion (€850 million), in his own company.

By The Financial District
Sep 20, 20251 min read


Alphabet Reaches $3-T Market Capitalization
Alphabet’s shares continued to climb this week, pushing the Google parent company’s valuation past $3 trillion (€2.55 trillion).

By The Financial District
Sep 19, 20251 min read


Osaka Expo Sees Record 218,130 Visitors
Expo 2025 Osaka, Kansai drew a record 218,130 visitors on September 13.

By The Financial District
Sep 19, 20251 min read


Trump Orders Delta, Aeromexico to End Joint Venture by January 1
The Trump administration said earlier this week it was ordering Delta Air Lines and Aeromexico to unwind a joint venture by January 1 that allowed the carriers to coordinate scheduling, pricing, and capacity decisions for US–Mexico flights.

By The Financial District
Sep 19, 20251 min read


Oracle, Silver Lake to Control 80% Stake in TikTok in U.S.
TikTok’s US operations will be controlled by an investor consortium including Oracle, Silver Lake, and Andreessen Horowitz under a framework the US and China are finalizing.

By The Financial District
Sep 18, 20251 min read


Jerry Quits Ben & Jerry’s, Says Unilever Stifled Ice Cream Firm’s Independence
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years, saying the independence it once had to speak out on social issues has been stifled by parent company Unilever.

By The Financial District
Sep 18, 20252 min read


Robert Redford, Actor, Director, Environmentalist, Dead at 89
Robert Redford, the dashing actor and Oscar-winning director who eschewed his status as a Hollywood leading man to champion causes close to his heart, has died.

By The Financial District
Sep 18, 20252 min read


China Says Nvidia Violated Anti-Monopoly Laws With 2020 Mellanox Deal
China has ruled that Nvidia Corp. violated anti-monopoly laws with its 2020 acquisition of Mellanox Technologies Ltd.

By The Financial District
Sep 17, 20251 min read


Anthropic to Pay Authors $1.5 Billion Over Pirated Books for AI Training
Artificial intelligence company Anthropic has agreed to pay $1.5 billion to settle a class-action lawsuit brought by authors who say the firm used pirated books to train its chatbot.

By The Financial District
Sep 17, 20251 min read


BYD’s $45-B Stock Wipeout Raises Doubts on China Outlook
BYD Co. faces pressure to restore investor confidence after a $45 billion stock selloff, with mounting concerns over its ability to fend off competition amid a destructive price war in China.

By The Financial District
Sep 17, 20251 min read


UK Boxing Great Ricky Hatton, 46, Found Dead at Home
World boxing champion Ricky “The Hitman” Hatton has been found dead at his home in Greater Manchester.

By The Financial District
Sep 16, 20251 min read


Tesla Offers "Crazy" $1 Trillion Pay Package to Musk
.Tesla Inc. has proposed a new compensation package for CEO Elon Musk potentially worth around $1 trillion—a record-setting deal without precedent in corporate America.

By The Financial District
Sep 16, 20251 min read


Broadcom Stock Soars as Its AI Chips Challenge Nvidia
Broadcom stock surged more than 9% to a record high last week after quarterly results showed its AI chips are emerging as a serious alternative to Nvidia’s.

By The Financial District
Sep 16, 20251 min read


Chinese Pre-Orders for Apple’s iPhone 17 Break Records
Pre-order sales of Apple’s new iPhone 17 series have broken records in China, despite delays in the release of the iPhone Air.

By The Financial District
Sep 16, 20251 min read


Hitachi Opens $100-M Railcar Plant Near Washington
Japanese conglomerate Hitachi Ltd. has formally opened a $100 million factory in Maryland, with the new facility capable of producing 20 railcars per month.

By The Financial District
Sep 15, 20251 min read


Nebius Leaps After $17.4 Billion AI Computing Deal with Microsoft
Nebius Group shares surged 41% to $90.30 on Tuesday as investors cheered its $17.4-billion agreement to supply AI infrastructure to Microsoft over five years.

By The Financial District
Sep 15, 20251 min read


TSMC to See "Operational Risk" as U.S. Nixes China Chip Equipment Waiver
Taiwan Semiconductor Manufacturing Co. (TSMC)’s facility in Nanjing faces “operational risk within months” after the U.S. government revoked its authorization to freely ship essential equipment to China.

By The Financial District
Sep 15, 20251 min read


Klarna’s $17-B IPO Turns 40 Staffers Into Overnight Millionaires
Klarna made its New York Stock Exchange debut this week, sending its market cap soaring to $17 billion and propelling around 40 staffers into millionaire status overnight.

By The Financial District
Sep 15, 20251 min read


Elon Musk’s $500,000 Optimus Robot Flunks Test
The latest video of Tesla’s “Optimus” robot—touted as a pillar of the company’s future—shows the humanoid struggling to function for nearly a full minute.

By The Financial District
Sep 12, 20251 min read


Wegovy Maker Novo Nordisk to Cut 9,000 Jobs
Danish pharmaceutical company Novo Nordisk, maker of the weight-loss drug Wegovy, said it will cut 9,000 jobs — 5,000 of them in Denmark — to sharpen its focus on growth opportunities in obesity and diabetes medications.

By The Financial District
Sep 12, 20251 min read


Larry Ellison Briefly Overtakes Elon Musk as World’s Richest Person
Oracle founder Larry Ellison briefly became the world’s richest person after shares of his company surged more than 30% at the open.

By The Financial District
Sep 12, 20251 min read


Hyundai Raid Shatters Trump’s Factory Push
The Trump administration hailed last week’s raid at a Hyundai-LG car battery plant under construction in Georgia as a labor victory.

By The Financial District
Sep 12, 20251 min read
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