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CBS Slammed For Axing Stephen Colbert’s Late-Night Show
CBS’ decision to end The Late Show in 2026 has shocked Hollywood and loyal viewers alike.

By The Financial District
Jul 242 min read


Tech Companies Expected To Post Strong Earnings This Week
Earnings season continues with reports from several tech giants, including Alphabet—one of the "Magnificent Seven"—along with IBM and Intel, as the artificial intelligence arms race intensifies.

By The Financial District
Jul 241 min read


FBI Agents Told To Flag Epstein Files Mentioning Trump: Senator
Senate Democratic Whip Dick Durbin (D-Ill.) is pressing Justice Department leadership over their handling of files related to the federal investigation into the late Jeffrey Epstein.

By The Financial District
Jul 241 min read


Cielo Magno Warns Against Populist Pitfalls, Urges Smarter Fiscal Stewardship
urbulent weather, Dr. Cielo D. Magno PhD — also known as Prof. Cielo — economist, former Finance Undersecretary, current University of the Philippines professor, and rising social media voice, made a striking appearance at the Monday Circle Forum, a private gathering of business and financial thought leaders held regularly at The Westin Manila in Ortigas.

By The Financial District
Jul 244 min read


Telcos, Gaming Stocks Push Up PSE Index To Hefty Rise
Gaming stock DigiPlus, telcos, and ICTSI towed the Philippine Stock Exchange (PSE) to a substantial gain, posting a 106.56-point advance or 1.68 percent to 6,462.25 points.

By The Financial District
Jul 242 min read
![[UPDATED] Meralco's Storm Response Earns Praise](https://static.wixstatic.com/media/1c4fd3_9aae10926b9e49989073875396059bb8~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/1c4fd3_9aae10926b9e49989073875396059bb8~mv2.webp)
![[UPDATED] Meralco's Storm Response Earns Praise](https://static.wixstatic.com/media/1c4fd3_9aae10926b9e49989073875396059bb8~mv2.png/v1/fill/w_514,h_386,fp_0.50_0.50,q_95,enc_avif,quality_auto/1c4fd3_9aae10926b9e49989073875396059bb8~mv2.webp)
[UPDATED] Meralco's Storm Response Earns Praise
The Manila Electric Company (Meralco) has emerged as a reassuring force amid the severe weather systems that continue to lash Luzon, mobilizing its workforce round-the-clock to restore power to thousands of homes and businesses affected by Typhoon Crising.

By The Financial District
Jul 233 min read


Meta Investors Settle $8-B Lawsuit With Zuckerberg Over Facebook Privacy
Mark Zuckerberg has agreed to settle a multibillion-dollar lawsuit with a group of shareholders over how Meta executives and directors handled repeated privacy violations by Facebook.

By The Financial District
Jul 231 min read


China Advances $167-B Tibetan Megadam, Unsettling India
A massive $167-billion (1.2 trillion yuan) megadam in Tibet—expected to boost economic stimulus and clean energy—has been greenlit by Chinese leaders, despite concerns about biodiversity and its potential impact on relations with India.

By The Financial District
Jul 232 min read


Billionaire Lists £250-M Mansion After Declaring "UK’s Gone To Hell"
A billionaire shipping tycoon who declared that the UK had “gone to hell” has put his £250-million London mansion up for sale after fleeing Britain.

By The Financial District
Jul 232 min read


Wells Fargo Exit Ban Revives Fears About Doing Business In China
Fears that employees of foreign firms could become entangled with Chinese authorities have resurfaced following news that a U.S. bank employee at Wells Fargo has been banned from leaving the country.

By The Financial District
Jul 231 min read


Pilots Switched Off Wrong Engine In South Korea Crash That Killed 179
The pilots of the South Korean airliner that crashed and killed 179 people mistakenly switched off the wrong engine.

By The Financial District
Jul 232 min read


Stablecoin Bill Signed Into Law
President Donald Trump has signed into law a landmark bill establishing the first federal framework for dollar-backed stablecoins—marking a major victory for the cryptocurrency industry.

By The Financial District
Jul 231 min read


Tariffs Could Send Rising Coffee Prices Even Higher
How many price hikes are Americans willing to stomach for their morning coffee? Roasted coffee prices surged 12.7% in June compared to a year earlier.

By The Financial District
Jul 221 min read


NHTSA Ends Engine Failure Probe Into 454,840 Nissan Vehicles
The National Highway Traffic Safety Administration (NHTSA) has announced it is closing its preliminary investigation into engine failures in 454,840 Nissan vehicles, following the automaker’s recall issued in June.

By The Financial District
Jul 221 min read


Senate Votes To Cut $9-B From Public Broadcasting, Foreign Aid
Senate Republicans have approved President Donald Trump’s proposal to claw back billions in global health and public media funding, pushing through despite frustrations within the GOP over the White House’s lack of transparency during the process.

By The Financial District
Jul 221 min read


PSE Index Inches Up As Rains Shut Offices
The Philippine Stock Exchange (PSE) index closed slightly higher today at 6,355.69 points, up by 2.95 points or 0.05 percent, as rains and floods shut down offices, resulting in slow trade.

By The Financial District
Jul 222 min read


TSMC Beats Forecasts To Post Record Quarterly Profit Of $13.5-B
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading producer of advanced AI chips, posted a record second-quarter profit with forecast-beating growth of 60%, citing surging demand for artificial intelligence.

By The Financial District
Jul 221 min read


GOP Senators Warn Trump Against Firing Powell
Federal Reserve Chair Jerome Powell is receiving key backing on Capitol Hill from GOP senators who fear the consequences if President Donald Trump follows through on threats to remove the politically independent central banker.

By The Financial District
Jul 221 min read


Singapore’s Critical Infrastructure Under Attack By Chinese Cyber Espionage Group
Singapore is currently under cyberattack from a state-sponsored espionage group known as UNC3886.

By The Financial District
Jul 221 min read


Zuckerberg Pouring Billions Into Plans For "Personal Superintelligence"
Meta CEO Mark Zuckerberg is investing billions into the company’s AI ambitions, with the goal of developing so-called superintelligence—AI that can surpass human cognitive abilities.

By The Financial District
Jul 221 min read


Ex-CNN Commentator Has "Gut Feeling" Trump, GOP Will Rig 2026 Midterms
Former CNN commentator Angela Rye said recently that she believes President Donald Trump and the Republican Party stole the 2024 election and are planning to do the same in 2026.

By The Financial District
Jul 221 min read


Trump Backs Bondi, Blames Dems For Epstein List Scandal
President Donald Trump has moved to ease growing tensions within his political base by defending Attorney General Pam Bondi and dismissing renewed scrutiny over the handling of documents related to Jeffrey Epstein.

By The Financial District
Jul 221 min read


Netflix Earnings On Deck As Investors Weigh Valuation, Content Strength
Netflix is set to report second-quarter earnings.

By The Financial District
Jul 221 min read


Broadcom Launches New Tomahawk Ultra Networking Chip
Broadcom has unveiled a new networking processor aimed at accelerating artificial intelligence (AI) data processing, which requires linking together hundreds of chips that must operate in close coordination.

By The Financial District
Jul 221 min read
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