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Thinking Machines Lab Raises $2 Billion At $12 Billion Valuation
What’s former OpenAI CTO Mira Murati been up to?

By The Financial District
Jul 181 min read


Trump’s Tariffs Create Uncertainty For Big Tech
President Trump’s shifting tariff plans have left the tech industry in a state of limbo, with implementation now delayed until August 1.

By The Financial District
Jul 181 min read


Salesforce CEO: AI Must Enhance Humans, Not Replace Them
Salesforce CEO Marc Benioff says AI is bringing sweeping changes to his own company—even as hiring for engineering roles remains largely on pause. Still, he insists that AI must be used to enhance humans, not replace them.

By The Financial District
Jul 181 min read


Trump Vows To Send Patriot Missiles To Ukraine
President Donald Trump has announced that the United States will send additional Patriot air defense missiles and other “very sophisticated” military equipment to Ukraine.

By The Financial District
Jul 181 min read


German Carmakers Feel The Pain Of Trump’s New Tariffs
German auto giants Mercedes-Benz and Porsche are already feeling the effects of President Trump’s tariffs.

By The Financial District
Jul 181 min read


Federal Judge Blocks Immigration Sweeps in Los Angeles, Six Other Counties
A federal judge has halted the Trump administration’s controversial immigration sweeps across Southern California, ruling they relied on racial profiling and violated civil rights.

By The Financial District
Jul 181 min read


Broadcom Scraps Microchip Plant Investment In Spain
U.S. chipmaker Broadcom has withdrawn plans to invest in a microchip plant in Spain after talks with the government broke down.

By The Financial District
Jul 181 min read


Ukraine "Eliminates" Russian Spies In Kyiv Shootout
Ukraine has “eliminated” two suspected Russian secret agents in a gunfight at a suspected spy den in Kyiv.

By The Financial District
Jul 181 min read


Lula To Trump: Brazil Can Survive Without U.S. Trade
.Brazilian President Luiz Inácio Lula da Silva responded defiantly to U.S. President Donald Trump’s threat of 50% tariffs, declaring that Brazil does not need trade with the United States to survive.

By The Financial District
Jul 181 min read


EU, Mexico Warn Of Retaliation As Trump Escalates Tariff Dispute
European leaders and Mexican officials responded sharply to U.S. President Donald Trump’s latest tariff hikes, warning of retaliation and urging a return to negotiations before the new tariffs take effect.

By The Financial District
Jul 181 min read


Conglomerates, Other Indices Plummet; Index Drops Another Level
Conglomerates stumbled again Thursday, dragging other sectors into steep declines, causing the Philippine Stock Exchange (PSE) index to drop to a new recent low of 6,286.41 points, down 41.93 points or 0.66 percent.

By The Financial District
Jul 172 min read


PLDT, Smart, And MPower Join Forces to Power Up More Cell Sites
PLDT Inc. (PLDT) and its wireless arm, Smart Communications, Inc. (Smart), have partnered with MPower, Meralco’s local retail electricity supplier, to activate 144 cell sites and 9 facilities under the Energy Regulatory Commission's (ERC) Retail Aggregation Program (RAP).

By The Financial District
Jul 173 min read


Nissan Raises $4.5-B In Record-High Junk Bond Offering
Nissan Motor has secured $4.5 billion from a junk bond sale in U.S. dollars and euros, tapping strong investor demand despite concerns over its turnaround plan.

By The Financial District
Jul 171 min read


France Unveils €6.5-B Military Boost Amid Rising Threats
French President Emmanuel Macron has announced an additional €6.5 billion ($7.6 billion) in military spending over the next two years, citing unprecedented threats.

By The Financial District
Jul 171 min read


Does Trump’s Biggest Crypto Backer Really Exist? — The Nation Asks
Last month, a Dubai-based entity called Aqua 1 Foundation announced a $100 million investment in World Liberty Financial.

By The Financial District
Jul 172 min read


Ramaco Resources Claims It Can Help End U.S. Dependence On China For Rare Earths
As the Trump administration pushes to boost domestic production of rare earth elements, publicly traded Ramaco Resources has broken ground on a new mine in Wyoming’s coal country that could reshape the critical minerals landscape.

By The Financial District
Jul 171 min read


Elon Musk’s xAI Lands Multibillion-Dollar Pentagon Deal
Despite his frequent criticism of government spending, Elon Musk’s artificial intelligence startup xAI has secured a major deal with the U.S. Department of Defense (DoD).

By The Financial District
Jul 171 min read


Nutella Maker Ferrero To Acquire WK Kellogg For $3 Billion
Ferrero, the Italian confectionery giant known for Nutella and Kinder, announced plans to acquire U.S. cereal maker WK Kellogg Co. for $3.1 billion in a bid to expand its footprint in North America.

By The Financial District
Jul 171 min read


Gold Gains Following Trump’s Tariff Shakeup
Gold prices rose as tariff threats from President Donald Trump drove investors toward the safe-haven asset.

By The Financial District
Jul 171 min read


U.S. Dollar, Treasury Prices Sink On Report Trump Is Firing Fed Chief
The U.S. dollar fell sharply after Bloomberg, citing an unidentified White House official, reported that President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon.

By The Financial District
Jul 171 min read


U.S. Inflation Accelerated In June As Trump’s Tariffs Start To Bite
U.S. inflation rose in June to its highest level since February, with President Donald Trump’s sweeping tariffs pushing up prices for a wide range of consumer goods—including furniture, clothing, and appliances.

By The Financial District
Jul 171 min read


PAGCOR, Ad Standards Council Ink MOU To Regulate Gambling Ads
After nine months of consultations, the Philippine Amusement and Gaming Corporation (PAGCOR) and the Ad Standards Council (ASC) signed a Memorandum of Understanding (MOU) on July 16 to regulate and pre-screen gambling-related advertisements across all media platforms.

By The Financial District
Jul 172 min read


SM Investments, DigiPlus Stumble In PSE Index’s Hefty Decline
Market bellwether SM Investments and gaming stock DigiPlus stumbled Wednesday in a massive decline in the Philippine Stock Exchange (PSE) index, which flirted with two milestone levels during the mid-session before bargain hunting helped arrest the slide.

By The Financial District
Jul 172 min read


Merck Buys Verona Pharma For $10 Billion To Expand COPD Portfolio
Merck is acquiring Verona Pharma, a biotech firm specializing in respiratory diseases, in a deal worth approximately $10 billion.

By The Financial District
Jul 161 min read
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