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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 181 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 181 min read


China’s Rare-Earths Power Move Jolted Trump: Washington Post
China is wielding one of its most potent tools of economic coercion: its dominance over rare earths.

By The Financial District
Oct 182 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 182 min read


PSE Index Soars to New Level but Cools at the Close Again
The Philippine Stock Exchange (PSE) index climbed to another new level but cooled toward the close, finishing at 6,089.53 points, down 4.14 points or 0.07 percent, as investors cashed in gains amid anemic trading.

By The Financial District
Oct 182 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 171 min read


U.S. Bailing Out Milei for Mismanaging Argentina’s Economy: CNN
Donald Trump is bailing out Argentina in a move critics say has more to do with politics than economics or U.S. interests.

By The Financial District
Oct 172 min read


Anthropic Co-Founder Admits AI Is a "Mysterious Creature"
Jack Clark, co-founder of the high-flying AI startup Anthropic, told Fortune Tech’s Andrew Nusca, that “what we are dealing with is a real and mysterious creature, not a simple and predictable machine. And like all the best fairytales, the creature is of our own creation.”

By The Financial District
Oct 171 min read


Japan Monitors Fluctuations in Forex Market
Japan is closely monitoring volatility in the foreign exchange market.

By The Financial District
Oct 171 min read


Madagascar Putsch Leader Says He’s "Taking the Position of President"
The leader of Madagascar’s military rebellion has declared that he is “taking the position of president,” adding that the armed forces would lead the Indian Ocean nation for up to two years before holding new elections.

By The Financial District
Oct 172 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 171 min read


PAGCOR, PCSO Join Hands to Distribute ₱141-M Worth of PTVs Nationwide
The Philippine Amusement and Gaming Corporation (PAGCOR) has strengthened its support for the government’s healthcare initiatives with a ₱141 million donation of Patient Transport Vehicles (PTVs) to the Philippine Charity Sweepstakes Office (PCSO).

By The Financial District
Oct 172 min read


Manila FAME 2025: Where Nature Meets Filipino Ingenuity
When the pandemic disrupted borders and routines, architect Jed Yabut found himself back in Manila, surrounded not by skyscrapers but by sketches of chairs, tables, and lamps.

By Gerry Urbina
Oct 173 min read


PSE Index Posts Fractional Loss as Investors Pocket Gains
Investors pocketing gains pushed down blue chips from their intraday highs, resulting in a fractional loss for the Philippine Stock Exchange (PSE) index, which closed at 6,093.67 points, down 0.43 points or 0.007 percent, with sub-indices ending mixed.

By The Financial District
Oct 162 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 162 min read


UnionBank Earns Recognition for Championing Inclusion
At the recent Investors in People (IiP) Philippines Awards 2025, UnionBank earned the Runner-Up spot in the Diversity & Inclusion category.

By The Financial District
Oct 162 min read


Trump Wants His Foes Prosecuted for a Crime That Is Hard to Prove
President Donald Trump is wielding a new tool in his fight against political and policy foes: alleging mortgage fraud.

By The Financial District
Oct 162 min read


Fears Over AI Bubble Bursting Grow in Silicon Valley
In Silicon Valley, debate over whether AI companies are overvalued has taken on new urgency.

By The Financial District
Oct 161 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 161 min read


Wells Fargo Recovers, Thanks to Charlie Scharf’s Persistence
The document to rescue Wells Fargo, Charlie Scharf recalls, was 3,162 pages long. It included 6,000 tasks and involved 28,000 people.

By The Financial District
Oct 162 min read


PSE Index Staves of Late Sputter to Close Up a Bit
The Philippine Stock Exchange (PSE) index surged a level higher for the second straight day but missed holding onto its gains, closing at 6,094.10 points, up 17.88 points or 0.29%.

By The Financial District
Oct 162 min read


MVP’s Power Play: Cooperation, Not Competition
The Manuel V. Pangilinan-led Manila Electric Company, or Meralco, is showing that reliable power can be both a business and a nation-building mission.

By Gerry Urbina
Oct 154 min read


Newsom’s California Redistricting Bid Raises $108.7 Million
The Los Angeles Times is tallying contributions to committees supporting and opposing Proposition 50 ahead of the November special election.

By The Financial District
Oct 151 min read


Huge Crowds Visit Osaka Expo as It Enters Its Final Weekend
The World Exposition in Osaka entered its final weekend on Saturday, drawing more than 200,000 visitors a day in recent weeks, with the venue packed to capacity as the six-month international event nears its conclusion.

By The Financial District
Oct 151 min read
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