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Dell Shares Surge 9%
Shares of legacy computer giant Dell have closed at an all-time high, surging 9% after the company nearly doubled its long-term guidance on increased demand for its data center offerings.

By The Financial District
Oct 14, 20251 min read


China Blacklists Firm That Exposed Huawei Chip Secrets
China has added prominent research firm TechInsights to its Unreliable Entity List, shutting out the Canadian teardown specialist that helped expose the inner workings of Huawei Technologies Co.’s AI chips.

By The Financial District
Oct 14, 20251 min read


Nvidia Stock Climbs to Record Amid Reported UAE Chip Export Approval
Nvidia's stock has risen to a record high, up around 1.8%, after Bloomberg reported that the U.S. government has approved the export of several billion dollars’ worth of the tech giant’s chips to the United Arab Emirates (UAE).

By The Financial District
Oct 14, 20251 min read


Hacker Group Claims Asahi Group Ransomware Attack
A hacker group has claimed responsibility for last week’s cyberattack on Japanese beverage giant Asahi Group Holdings Ltd., saying it has stolen employee information and internal documents.

By The Financial District
Oct 14, 20251 min read


Musk's X Settles Ex-Twitter Execs’ $128-M Severance Pay Lawsuit
Elon Musk and X Corp. have reached a settlement in a lawsuit filed by four former top Twitter executives — including former CEO Parag Agrawal — who claimed they were denied $128 million in promised severance pay after Musk acquired the social media company and fired them.

By The Financial District
Oct 13, 20251 min read


CBS Buys The Free Press Website, Names Founder Bari Weiss CBS News Editor-in-Chief
Paramount said that it has bought the commentary website The Free Press and installed its founder, Bari Weiss, as the editor-in-chief of CBS News.

By The Financial District
Oct 13, 20251 min read


Rite Aid Closes All U.S. Pharmacies After 63 Years
Rite Aid is closing all its locations, according to a post on the U.S. pharmacy chain’s website.

By The Financial District
Oct 13, 20251 min read


Globe Brings Stronger Connections to Support Growth in Lipa and Neighboring Towns
Lipa City is one of the country’s most dynamic economies — home to more than 10,000 registered businesses and a thriving mix of agro-industrial enterprises, financial institutions, and a growing BPO sector.

By The Financial District
Oct 13, 20252 min read


Beating the Heat: Nano Coat’s Energy-Saving Solution
When a shifting market began to squeeze the family lumber business, Edmund Lee did not cling to the old playbook.

By Gerry Urbina
Oct 12, 20254 min read


Musk Allowed China to Invest in SpaceX, a Top U.S. Military Contractor
Newly revealed testimony shows that Elon Musk’s SpaceX accepted funding directly from Chinese investors despite its deep ties to the U.S. military.

By The Financial District
Oct 12, 20251 min read


Greystar, Other Landlords Pay $141 Million to End Rent-Setting Lawsuit
Real estate giant Greystar and 25 other property management companies have agreed to collectively pay more than $141 million to settle a class-action lawsuit accusing landlords of inflating housing costs through rent-setting algorithms provided by the software company RealPage.

By The Financial District
Oct 12, 20251 min read


Philodrill Bares Three Oil Exploration Prospects
Philodrill Corp. has announced that it has signed three new Petroleum Service Contracts (PSCs) out of the eight awarded by the Philippine government.

By The Financial District
Oct 11, 20251 min read


DigiPlus Pauses Brazilian Brand
DigiPlus Interactive Corp., the country’s leading digital entertainment provider behind BingoPlus, ArenaPlus, and GameZone, has announced a strategic pause on its first Brazilian brand, “GamePlus,” following its soft launch on September 22.

By The Financial District
Oct 11, 20251 min read


Newsom Inks Bill Giving 800,000 California Uber, Lyft Drivers Right to Unionize
More than 800,000 drivers for ride-hailing companies in California will soon be able to join a union and bargain collectively for better wages and benefits.

By The Financial District
Oct 10, 20251 min read


Closures of Starbucks Stores Worry U.S. Realtors
Starbucks — a fixture in many American communities — is closing hundreds of locations across the United States, affecting both suburban and urban areas.

By The Financial District
Oct 9, 20251 min read


Foxconn Third-Quarter Revenue Hits Record but Misses Market Forecast
Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, reported record third-quarter revenue on strong demand for artificial intelligence products, though results fell short of market forecasts.

By The Financial District
Oct 9, 20251 min read


Ecuador Junks License of Canada’s DPM to Develop Gold Project
Ecuador’s government has revoked the environmental license granted to Canadian mining company DPM Metals for the development of Loma Larga, a gold project in an environmentally sensitive area.

By The Financial District
Oct 9, 20251 min read


Boeing Ready to Design a Replacement for 737 MAX
Boeing may finally be ready to take the plunge and design a new single-aisle aircraft. The planemaker is considering a jet to replace the 737 MAX.

By The Financial District
Oct 9, 20251 min read


DOF Cites PAGCOR for ₱12-B Dividend Remittance to Treasury
The Philippine Amusement and Gaming Corporation (PAGCOR) received a Certificate of Recognition from the Department of Finance (DOF) for its significant contributions to the National Government.

By The Financial District
Oct 9, 20252 min read


Harrods Sets Aside More Than £60-M for Abuse Compensation
Harrods has set aside more than £60 million to compensate alleged victims of historical abuse.

By The Financial District
Oct 8, 20251 min read


Palantir Rebuts Report on Security Flaws as Stock Sinks
Palantir Technologies Inc.’s stock fell 7.5% following a report that a battlefield communications system it developed with defense tech firm Anduril Industries Inc. was seriously flawed.

By The Financial District
Oct 8, 20251 min read


BlackRock’s GIP Nears $40-B Deal to Buy Aligned Data Centers
Global Infrastructure Partners (GIP) is in advanced talks to acquire Macquarie-backed Aligned Data Centers, targeting a major beneficiary of the AI spending boom in what would be one of the year’s biggest deals.

By The Financial District
Oct 7, 20251 min read


Verizon Names Former PayPal Boss Dan Schulman as CEO
Verizon said that former PayPal chief executive Dan Schulman will replace Hans Vestberg as CEO, effective immediately.

By The Financial District
Oct 7, 20251 min read


AstraZeneca Inks $555-M Deal With Algen to Develop Gene Therapies
Algen Biotechnologies said Monday it has agreed to grant AstraZeneca a license to develop gene therapies discovered through Algen’s artificial intelligence-driven platform.

By The Financial District
Oct 7, 20251 min read
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