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Reddit Reports Its Most Profitable Quarter; Stock Gains 7%
Reddit, which has surged in popularity in recent years, reported its most profitable quarter yet.

By The Financial District
Nov 71 min read


Seized Chip Company Races to Split from China
A chipmaker dramatically taken over by the Dutch government is preparing to rapidly step up production outside Beijing’s orbit.

By The Financial District
Nov 72 min read


PSE Index Up Slightly
The Philippine Stock Exchange (PSE) index rose slightly on Thursday to 5,835.59 points, up by 17.53 points or 0.30 percent, with only the industrial sub-index posting a loss.

By The Financial District
Nov 72 min read


Vietnam’s Push for "Chip-to-Ship" Conglomerates Raises Red Flags
Two days after Vietnam’s top leader called on local private firms to help build national infrastructure, listed conglomerate Vingroup stepped forward to propose developing a $70-billion nationwide high-speed railway—and building the trains to run on it.

By The Financial District
Nov 61 min read


U.S. Airline Bosses to Meet Vance Over Shortage of Air Traffic Controllers
The government shutdown continues to negatively impact the travel industry due to staffing shortages.

By The Financial District
Nov 61 min read


Stability AI Largely Wins UK Court Case vs. Getty Images Over Copyright, Trademark
Artificial intelligence (AI) company Stability AI has mostly prevailed against Getty Images in a British court battle over intellectual property.

By The Financial District
Nov 61 min read


Nintendo Reports Surging Sales and Profit on Its Switch 2 Console
Japanese video game maker Nintendo’s net profit jumped 85% in April–September from the year before, as its sales more than doubled following the launch of its hit Switch 2 console in June.

By The Financial District
Nov 61 min read


USDA Threatens Stores Giving Discounts to People on Food Stamps
The Trump administration’s freeze on Supplemental Nutrition Assistance Program (SNAP) funds during the government shutdown is forcing struggling Americans to make hard decisions about feeding themselves and their families.

By The Financial District
Nov 62 min read


2,000 Drivers Left UPS After Taking Buyouts, Analyst Says
About 2,000 unionized delivery drivers accepted a buyout offer from UPS in the third quarter.

By The Financial District
Nov 61 min read


Democrats Trounce Trump-Backed Candidates in NYC, Virginia, and New Jersey
Election Day 2025 results have so far favored Democrats in a major way.

By The Financial District
Nov 61 min read


World Awaits U.S. Supreme Court Decision on Trump Tariffs Case
What may be the biggest battle yet in Donald Trump’s trade war is about to begin.

By The Financial District
Nov 61 min read


PSE Index Plumbs New Depth, Recovers but Still Ends Lower
The Philippine Stock Exchange (PSE) index on Wednesday sank to new depths before recovering slightly, but still finished down by 48.98 points, or 0.83%, at 5,818.06, as local investors remained largely absent from trading amid persistent corruption concerns and economic headwinds, including a rise in diesel prices by more than ₱1 per liter.

By The Financial District
Nov 62 min read


Starbucks Sells Majority China Stake to Boyu Capital
Starbucks will sell a majority stake in its China business to Chinese private equity firm Boyu Capital, concluding a lengthy search for a local partner in an increasingly tough market.

By The Financial District
Nov 52 min read


China Urges U.S. to Avoid "Red Lines" After Reaching Trade Truce
China has called on the U.S. to avoid four sensitive issues so that a trade truce sealed between Presidents Donald Trump and Xi Jinping can hold, underscoring the broad array of disagreements that will test bilateral ties.

By The Financial District
Nov 51 min read


Trump Is the Only President to Defund SNAP in 61 Years: Columbus Dispatch
The nation is preparing for the impact of Supplemental Nutrition Assistance Program (SNAP) payments lapsing on Nov. 1 as the federal government shutdown enters its second month.

By The Financial District
Nov 51 min read


Illinois Cattle Ranchers Rip Trump’s "Argentina First" Policy
Illinois beef producers are expressing frustration over President Donald Trump’s plan to expand beef imports from Argentina.

By The Financial District
Nov 51 min read


Lack of Data Slows Down Fed’s Rate Cutting: Powell
At a recent press conference, Federal Reserve Chairman Jerome Powell answered questions from reporters about how the government shutdown is affecting the central bank’s decision-making.

By The Financial District
Nov 51 min read


Farm-State GOP Slam Trump’s Argentine Beef Import Plan
For President Donald Trump, it was a brief musing to reporters aboard Air Force One about his plan to import beef from Argentina.

By The Financial District
Nov 52 min read


Alphabet Logs Its First $100 Billion Quarter
Three’s a trend, as they say. If Meta and Microsoft reported record revenues, surely Alphabet would too?

By The Financial District
Nov 51 min read


Japan’s Factory Activity Falls at Fastest Pace in 19 Months
Japan’s manufacturing activity shrank in October at the fastest pace in 19 months, hit by slumping demand in the key automotive and semiconductor sectors.

By The Financial District
Nov 51 min read


Microsoft Still Has More Cloud Business Than It Can Manage
Microsoft CFO Amy Hood began 2025 by saying that the company had more demand for its cloud computing services than it had the capacity to handle.

By The Financial District
Nov 51 min read


Denny’s to Be Acquired and Taken Private in $620 Million Deal
Denny’s said that it is being acquired by a group of investors in a deal that will take the breakfast chain private.

By The Financial District
Nov 51 min read


Palantir Stock Drops After Hours Despite Positive Earnings Report
Palantir stock dropped more than 4% in extended trading after a heated rally, despite beating third-quarter expectations, as analysts argue the company is overvalued.

By The Financial District
Nov 51 min read


Kimberly-Clark to Buy Tylenol Maker Kenvue for $48.7 Billion
Kimberly-Clark has agreed to buy Kenvue for more than $40 billion, combining the maker of Huggies diapers with the owner of Tylenol and other consumer healthcare products.

By The Financial District
Nov 52 min read
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