Oil Falls a Second Day as Iran Signals Openness to Nuclear Deal
Oil fell for a second day following a report Iran is willing to forgo nuclear weapons in a deal with…
Retailers rush to save US summer shopping season
U.S. retailers including Walmart and several clothing brands are racing to secure China-made merchandise for the busy summer shopping season…
Nvidia supplier Foxconn cuts outlook due to currency appreciation
Taiwan’s Foxconn, the world’s largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan…
Another sign that Elon Musk’s businesses are benefiting big from his role as Trump’s ‘first buddy’
Elon Musk may be taking a step back from his full-time gig at the Trump administration’s Department of Government Efficiency.…
Coinbase stock soars 24% as inclusion in S&P 500 signals ‘dramatic turnaround’ for crypto industry
Coinbase (COIN) stock surged nearly 24% on Tuesday as Wall Street cheered the inclusion of the first and only crypto…
Advocacy group threatens Meta with injunction over use of EU data for AI training
Austrian advocacy group NOYB said on Wednesday it would seek an injunction against Meta Platforms that could lead to billion-euro…
Oil dips as traders watch for jump in U.S. crude stockpiles
Oil prices retreated on Wednesday as traders eyed a potential jump in U.S. crude inventories, though prices held near two-week…
Dollar steadies with trade talks in frame after sliding on muted US inflation
The U.S. dollar steadied on Wednesday following its biggest decline in more than three weeks overnight, with cooler-than-expected U.S. consumer…
Sony forecasts flat profit this year as tariffs bite
Sony said on Wednesday it expects operating profit to rise 0.3% to 1.28 trillion yen ($8.7 billion) in the financial…
Samsung to buy German cooling system maker FlaktGroup for $1.7 billion
Samsung Electronics said on Wednesday it had agreed to buy Germany’s FlaktGroup for 1.5 billion euros ($1.68 billion) as it…