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Samsung Shares Hit Fresh Record Amid AI Chip Boom
Samsung Electronics Co. shares reached a new record high after the company reported its biggest quarterly profit in more than three years, driven by surging AI-related demand for memory chips.

By The Financial District
Oct 23, 20251 min read


David Attenborough, 99, Breaks Record as Oldest Daytime Emmy Winner
Sir David Attenborough has broken Dick Van Dyke’s record as the oldest Daytime Emmy winner, recently taking the trophy for daytime personality (non-daily) as host of Netflix’s Secret Lives of Orangutans.

By The Financial District
Oct 22, 20251 min read


Chipmaker Nexperia Says China Has Imposed Ban on Its Chip Exports
Chipmaker Nexperia said Tuesday that the Chinese government had banned it from exporting goods from China, after Dutch authorities seized control of the Netherlands-based firm, citing management concerns.

By The Financial District
Oct 22, 20251 min read


Steinway & Sons Shows way for U.S. Reindustrialization
For 30 years, Bernard Craddock has been one of roughly 200 workers handcrafting pianos at the 150-year-old Steinway & Sons factory in Astoria.

By The Financial District
Oct 22, 20251 min read


Jeffrey Epstein Earned Millions from Wall St. Titan Leon Black
New emails show how the financier Jeffrey Epstein profited immensely from his close ties with Leon Black, his longtime friend and client.

By The Financial District
Oct 22, 20252 min read


Nexperia China Unit Asserts Independence from Netherlands
Nexperia’s China unit has respected Chinese laws and has the right to operate independently.

By The Financial District
Oct 22, 20251 min read


Thieves Steal "Priceless" Jewels from Louvre, Flee on Motorbikes
Thieves have broken into Paris’ Louvre Museum through a window, stealing “priceless” items of jewelry before escaping on motorbikes.

By The Financial District
Oct 22, 20251 min read


Amazon Web Outage Knocks Out US Businesses
How critical are cloud computing giants to the U.S. business ecosystem?

By The Financial District
Oct 22, 20251 min read


Apple Stock Soars, Thanks to Launch of iPhone 17
Apple has scored a hit with its iPhone 17 launch, with shares surging to their first record high of 2025 on Monday and helping to lift the broader market.

By The Financial District
Oct 21, 20251 min read


Websites, Apps Go Dark as Outage Zaps Amazon’s Cloud Unit
Amazon’s cloud services unit AWS was hit by an outage Monday, causing connectivity issues for many companies around the world and disrupting services for several popular websites and apps including Fortnite and Snapchat.

By The Financial District
Oct 21, 20251 min read


Jensen Huang Says Nvidia’s Market Share in China Sinks from 95% to Zero
Nvidia CEO Jensen Huang urged nuance in regulating China’s access to U.S. technologies critical to developing artificial intelligence (AI).

By The Financial District
Oct 21, 20251 min read


Nvidia CEO Jensen Huang to Attend APEC Summit in South Korea
Nvidia CEO Jensen Huang plans to meet “global leaders and top Korean executives” when he attends the Asia-Pacific Economic Cooperation (APEC) CEO Summit in South Korea this month.

By The Financial District
Oct 21, 20251 min read


Microsoft Pushes AI Updates in Windows 11
Microsoft is encouraging users to “talk to their laptops” as it rolls out new artificial intelligence (AI) updates for Windows 11 while urging customers to move away from Windows 10.

By The Financial District
Oct 20, 20251 min read


Massaging Trump’s Ego, Promising Investments Led to Deal with AstraZeneca
AstraZeneca CEO Pascal Soriot looked relaxed standing in the Oval Office as U.S. President Donald Trump unveiled a medicine deal aimed at lowering drug prices for millions of Americans.

By The Financial District
Oct 20, 20252 min read


OpenSea Resurrects Itself as One-Stop Shop for Crypto Trading
Few firms have felt the collapse of the NFT market more than the once-dominant OpenSea, which was forced to lay off more than half of its staff in early November 2023.

By The Financial District
Oct 20, 20251 min read


Automation Causes Nestlé to Slash 16,000 Jobs
Nestlé will cut around 16,000 jobs worldwide over the next two years as it seeks to reduce costs through automation.

By The Financial District
Oct 18, 20251 min read


Walmart Allows Purchases via ChatGPT
You’ll soon be able to purchase items from Walmart directly through ChatGPT — the latest push to incorporate shopping into OpenAI’s chatbot.

By The Financial District
Oct 18, 20251 min read


Warner Bros Rebuffs Paramount Takeover Approach: Reuters
Warner Bros. Discovery has rebuffed Paramount Skydance’s initial takeover approach as too low.

By The Financial District
Oct 18, 20251 min read


Albertsons Shares Soar
After a rough patch, shares of Albertsons soared 14% at one point this week as the grocer raised its sales and profit outlooks in its second-quarter earnings.

By The Financial District
Oct 18, 20251 min read


Another Airline Files for Bankruptcy, Cancels All Flights
While the start of 2025 brought optimism over strong travel demand, the projections have not held true for every airline.

By The Financial District
Oct 18, 20252 min read


Kaiser Health Care Workers Launch Historic Five-Day, Multi-State Strike
Unionized health care workers have begun a historic five-day, multi-state strike outside Kaiser Permanente hospitals, demanding safer staffing levels as well as better pay and benefits.

By The Financial District
Oct 17, 20251 min read


Bankrupt Spirit Airlines Cancels Purchase of Airbus Jets
A sizeable order for Airbus aircraft, which also included purchase options, has been canceled by Spirit Airlines.

By The Financial District
Oct 17, 20251 min read


Connectivity Meets Clean Energy
When connectivity meets clean energy, the result is progress. That spirit defines the new partnership between AdventEnergy Inc., the retail electricity supply arm of Aboitiz Power Corporation, and DITO Telecommunity.

By The Financial District
Oct 16, 20252 min read


SoftBank Group to Acquire Swiss Firm’s Robotics Division for $5.38 Billion
SoftBank Group Corp. said it will acquire the robotics business of Swiss industrial automation company ABB Ltd. for $5.38 billion by 2026, as part of its push to expand in robotics and artificial intelligence (AI).

By The Financial District
Oct 16, 20251 min read
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