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Suntory Chairman Takeshi Niinami Steps Down After Probe on Supplement
Suntory Holdings Ltd. Chairman and CEO Takeshi Niinami has stepped down amid an ongoing investigation into the alleged purchase of a dietary supplement suspected of being illegal in Japan.

By The Financial District
Sep 8, 20251 min read


U.S. Scraps TSMC’s Waiver for Shipments of Chips to China
The US has revoked Taiwan Semiconductor Manufacturing Co.’s authorization to freely ship essential gear to its main Chinese chipmaking base, potentially curtailing production capabilities at that older-generation facility.

By The Financial District
Sep 8, 20251 min read


Texas Tesla Axes Contractor at Giga Texas, 82 Workers Laid Off
Tesla abruptly terminated its contract with MPW Industrial Services at Gigafactory Texas, leaving 82 employees jobless overnight.

By The Financial District
Sep 8, 20251 min read


Giorgio Armani, Who Dressed the Powerful and Famous, Dies at 91
Giorgio Armani, the iconic Italian designer who turned understated elegance into a multibillion-dollar fashion empire, has died, his fashion house confirmed. He was 91.

By The Financial District
Sep 6, 20251 min read


Ford Recalls 500,000 Vehicles Over Brake Issue
Ford is recalling nearly 500,000 vehicles due to a brake defect that could increase crash risk.

By The Financial District
Sep 6, 20251 min read


Wall Street Analysts, Investors Split on Aramco
Saudi Aramco shares have sunk to record lows, but Wall Street analysts remain bullish. Of the 19 banks actively covering the oil giant, 13 — including Bank of America, Citigroup, Goldman Sachs, and JPMorgan — rate the stock a buy.

By The Financial District
Sep 5, 20251 min read


Massive Liquidations Hit Trump Family’s Crypto on Labor Day Launch
World Liberty Financial (WLF), a DeFi project co-founded by former President Donald Trump and his sons Donald Jr., Eric, and Barron, faced major liquidations on its Labor Day token launch.

By The Financial District
Sep 5, 20251 min read


Alibaba Gains $50 Billion in Value
Alibaba shares jumped nearly 20% after the company reported triple-digit percentage growth in AI-related product revenue.

By The Financial District
Sep 5, 20251 min read


Nestlé Fires CEO After Discovering Amorous Ties with Subordinate
Nestlé dismissed CEO Laurent Freixe after an investigation revealed an undisclosed relationship with a direct subordinate.

By The Financial District
Sep 5, 20251 min read


Gilbert Santa Maria Named New MPTC President and CEO
Metro Pacific Investments Corporation (MPIC) has announced the appointment of Gilbert Gabriel F. Santa Maria as President and Chief Executive Officer of Metro Pacific Tollways Corporation (MPTC), effective September 1, 2025.

By The Financial District
Sep 5, 20252 min read


Volkswagen Faces $30M Compensation for Labor Abuses in Brazil
Brazil’s labor court has ordered Volkswagen to pay 165 million reais (about $30 million) for collective moral damages after workers were subjected to slave-like conditions at a company-owned Amazon farm in the 1970s and 1980s.

By The Financial District
Sep 4, 20251 min read


Japanese Camera Makers Ramp Up Mirrorless Lineups as Demand Rises
Major Japanese camera manufacturers are expanding their mirrorless offerings to meet growing demand for advanced features such as AI-assisted shooting.

By The Financial District
Sep 4, 20251 min read


Apple to Unveil New Phones, Watches at September 9 Event
Apple’s September 9 event, set for 1 p.m. Eastern, comes at a critical moment for one of the world’s most valuable companies.

By The Financial District
Sep 4, 20251 min read


Jewelry Boss in £170-M Scam Told Shop Staff to Pretend to Be Customers
Staff at a luxury jewelry retailer were instructed to pose as customers to mislead investors in the UK’s biggest diamond fraud.

By The Financial District
Sep 4, 20251 min read


Seven & i Completes Supermarket Spin-Off to Focus on Convenience Stores
Seven & i Holdings Co. said it has completed the sale of a subsidiary operating about 30 retailers, including the struggling Ito-Yokado supermarket chain.

By The Financial District
Sep 4, 20251 min read


BYD Shares Slide as China’s EV Price War Hits Profits
Shares in Chinese electric vehicle maker BYD fell as much as 8% on this week after the company reported a sharp drop in profit amid an intensifying price war in China’s auto sector.

By The Financial District
Sep 4, 20251 min read


Cracker Barrel Co-Founder, 93, Slams Rebranding "Disaster"
Tommy Lowe, the 93-year-old co-founder of Cracker Barrel, criticized the restaurant chain’s executives, saying they learned an expensive “I told you so” lesson after abandoning their modernized logo following backlash from MAGA supporters.

By The Financial District
Sep 3, 20251 min read


Trump Demands George Soros Face Federal Charges
U.S. President Donald Trump has blamed philanthropist George Soros — a key donor to the Democratic Party — for supporting “violent protests” across the country and called for Soros and his son to be charged with racketeering.

By The Financial District
Sep 3, 20251 min read


PAGCOR Says Hacked NDRP Not a List of Gambling Addicts
The Philippine Amusement and Gaming Corporation (PAGCOR) has clarified that its National Database of Restricted Persons (NDRP) is not a list of gambling addicts but a registry of individuals prohibited from gambling, such as government officials.

By The Financial District
Sep 3, 20251 min read


Caterpillar Sees $1.8-B Tariff Hit This Year
Caterpillar Inc. (CAT) is warning investors that it now expects tariffs to cost the company as much as $1.8 billion this year, higher than its guidance issued in early August.

By The Financial District
Sep 2, 20251 min read


Charles Ergen’s Net Worth Doubles After AT&T Sale
Things were looking bleak for Charles Ergen not long ago.

By The Financial District
Sep 2, 20251 min read


New Jersey’s American Dream Mall Sued for Selling Clothes on a Sunday
On any given Sunday, visitors to the massive American Dream mall in East Rutherford, New Jersey, can ski indoors, surf an artificial wave, ride roller coasters — or shop for a new outfit at dozens of big-name retail stores.

By The Financial District
Sep 2, 20251 min read


Elliott Affiliate’s $5.89B Bid Recommended in Citgo Auction
A $5.89 billion bid from an affiliate of hedge fund Elliott Investment Management has been recommended as the winner of a U.S. court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum.

By The Financial District
Sep 2, 20251 min read


Microsoft Protesters Occupy President’s Office
Police have arrested seven people after they occupied the office of Microsoft President Brad Smith in protest of the company’s ties to the Israel Defense Forces during the ongoing war in Gaza.

By The Financial District
Sep 1, 20251 min read
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