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China Mandates 50% Domestic Equipment Rule for Chipmakers
China is requiring chipmakers to use at least 50% domestically made equipment when adding new capacity.

By The Financial District
4 days ago1 min read


High Temperatures, Low Rainfall Zap Oyster Output in West Japan
In Japan’s top oyster-producing prefecture, Hiroshima, 80% to 90% of farmed oysters have been dead at the time of landing since the start of this season’s shipments in mid-October.

By The Financial District
4 days ago1 min read


Denmark, Greenland Seek Talks With Rubio Over Trump’s Takeover Threat
Denmark and Greenland are seeking a meeting with U.S. Secretary of State Marco Rubio after the Trump administration doubled down on its intention to take over the strategic Arctic island, a Danish territory.

By The Financial District
4 days ago2 min read


Alaska Airlines Orders 110 Boeing Planes in Expansion Plan
Alaska Airlines is ordering 110 new Boeing planes — the largest single order in the airline’s history.

By The Financial District
4 days ago1 min read


Pending Home Sales Jump by Most Since February 2023
Lower mortgage rates and slowing price growth pushed pending home sales up 3.3% in November.

By The Financial District
4 days ago1 min read


Warner Bros. Rejects Paramount Takeover Bid Again
Warner Bros. again rejected a takeover bid from Paramount and told shareholders to stick with a rival offer from Netflix.

By The Financial District
4 days ago2 min read


Israeli President Denies Trump’s Pardon Claim for Netanyahu
Israel’s president has pushed back on Donald Trump’s claim that the two had spoken and that a pardon for Prime Minister Benjamin Netanyahu was “on its way.”

By The Financial District
4 days ago2 min read


AI Bubble Fears, Policy Splits Loom Over Asia Stocks in 2026
Asian equities kicked off the new year with sharp gains, but the advance may face headwinds from concerns over an artificial intelligence (AI) bubble and diverging interest-rate paths across the region.

By The Financial District
4 days ago1 min read


Health Subsidies Expire; Millions of Americans Face Higher Premiums
Enhanced tax credits that helped reduce the cost of health insurance for the vast majority of Affordable Care Act enrollees expired overnight, cementing higher health-care costs for millions of Americans at the start of the new year.

By The Financial District
4 days ago2 min read


Nvidia Loses 8% of Value After Hitting Record on Oct. 29
Nvidia shares are down about 8% since hitting a record on Oct. 29, underperforming the S&P 500 Index as investors grow concerned about the sustainability of artificial intelligence spending and the chipmaker’s grip on the market.

By The Financial District
4 days ago1 min read


Probe Finds Scant Proof of Fraud at Minnesota Day Care Centers
As Homeland Security agents were in Minnesota conducting what DHS Secretary Kristi Noem called a “massive investigation into childcare and other rampant fraud,” many of their targets were identified not through FBI tips but via a social media video.

By The Financial District
4 days ago1 min read


Meta to Buy Chinese Startup Manus to Boost Advanced AI
Meta said it would acquire Chinese-founded artificial intelligence startup Manus as the technology giant accelerates efforts to integrate advanced AI across its platforms.

By The Financial District
4 days ago1 min read


Huge Bluefin Tuna Sells for Record $3.2 Million at Tokyo Market
A massive 535-pound bluefin tuna sold for a record ¥510 million ($3.2 million) at the first auction of 2026 at Tokyo’s Toyosu fish market.

By The Financial District
4 days ago1 min read


PSE Index Sheds a Level on Profit-Taking
The Philippine Stock Exchange (PSE) index shed a level on Wednesday, closing at 6,292.09 points, down 25.85 points or 0.41 percent, as investors engaged in profit-taking.

By The Financial District
5 days ago2 min read


Tesla Vehicle Deliveries Disappoint Analysts
Tesla Inc. published a compilation of analyst estimates for vehicle deliveries on its website, and the averages for the current quarter are more pessimistic than those gathered by Bloomberg.

By The Financial District
5 days ago1 min read


Trump Threatens Again to Fire Fed Chairman Jay Powell
President Donald Trump teased that he has a preferred candidate to be the next chair of the Federal Reserve but is in no hurry to make an announcement — while also musing that he might fire the central bank’s current leader.

By The Financial District
5 days ago1 min read


Lululemon Founder Launches Proxy Fight for New CEO
Lululemon founder Chip Wilson is seeking changes to the company’s board in a proxy fight launched as it searches for a new chief executive officer.

By The Financial District
5 days ago1 min read


U.S. Stocks Performed Well in 2025, but Global Markets Fared Better
U.S. stocks had a stellar 2025, but global markets stole the show.

By The Financial District
5 days ago1 min read


Nvidia Completes Purchase of $5-B in Intel Shares
Intel said in a regulatory filing that it has completed the sale of roughly 215 million shares worth about $5 billion to Nvidia.

By The Financial District
5 days ago1 min read


Nations Slam Trump’s Military Strike in Venezuela
International leaders reacted swiftly after President Trump confirmed US military strikes in Venezuela and announced the capture of the country’s leader, Nicolás Maduro, and his wife.

By The Financial District
5 days ago1 min read


Swiss Probers Say Flares Atop Wine Bottles Caused Deadly Bar Fire
Swiss investigators said that they believe sparkling flares placed atop Champagne bottles ignited the fatal fire at a ski resort after coming too close to a crowded bar’s ceiling.

By The Financial District
5 days ago1 min read


Drugmakers Raise U.S. Prices on 350 Medicines
Drugmakers are raising US prices on at least 350 branded medications — including vaccines against COVID, RSV and shingles, as well as the blockbuster cancer treatment Ibrance.

By The Financial District
5 days ago1 min read


Aluminum Hits $3,000 for First Time since 2022
Aluminum climbed above $3,000 a ton for the first time in more than three years on a tightening supply outlook and long-term demand bets, joining other base metals in reaching recent milestones.

By The Financial District
5 days ago1 min read


Saks CEO Steps Down as Luxury Retailer is Battered by Debt
The top executive of the private company that owns Saks Fifth Avenue and Neiman Marcus is stepping down as it struggles with debt taken on to buy a rival nearly two years ago.

By The Financial District
5 days ago1 min read
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