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Conservative Supreme Court justices appear skeptical of Trump’s sweeping unilateral tariffs
Conservative justices raised doubts about President Trump’s broad use of emergency powers to impose tariffs, a key test of executive authority.
Musk the trillionaire? Debate over his Tesla pay package rages
Tesla shareholders will vote on Elon Musk’s record $1 trillion pay package as critics cite excess and supporters call him indispensable to Tesla’s future.
Trump administration and private investors sign off on $1.4 billion deal with rare earth startups
The Trump administration and investors are funding two rare earth startups in a $1.4B deal to strengthen U.S. supply chains.
Novo ups bid to $10B in Metsera fight with Pfizer
Novo Nordisk raised its offer to $10 billion for Metsera, escalating its takeover battle with Pfizer over the drug developer.
Boeing may face its first civil trial seeking damages for deadly Ethiopia crash
CHICAGO (AP) — More than six years after a Boeing 737 Max jetliner crashed in Ethiopia, the first civil trial related to the disaster that killed all 157 people on board appears poised to move forward. Boeing has settled most of the dozens of wrongful death lawsuits that families of the victims filed against the […]
Microsoft to ship 60K Nvidia AI chips to UAE
Microsoft won U.S. approval to send over 60,000 Nvidia GB300 AI chips to the UAE under strict safeguards despite Trump’s export remarks.
OpenAI and Amazon sign $38B deal for AI computing power
SEATTLE (AP) — OpenAI and Amazon have signed a $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s cloud computing services. OpenAI will get access to “hundreds of thousands” of Nvidia’s specialized AI chips through Amazon Web Services as part of the deal annou[...]
Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7 billion consumer brands deal
Kimberly-Clark will acquire Tylenol maker Kenvue for $40B, creating a $32B consumer goods giant amid lawsuits and market pressures.
Air traffic controller shortages lead to broader US flight delays as shutdown nears one-month mark
Continued staffing shortages in air traffic control facilities are causing delays at airports as the government shutdown nears the one-month mark. Controllers have been working without pay since the shutdown began on Oct. 1, and Transportation Secretary Sean Duffy has been warning that travelers will see more flights delayed or [...]
Oil moves on report, denial of US attack plan on Venezuela
HOUSTON (Reuters) -Oil prices popped up on media reports that U.S. air strikes on Venezuela could begin within hours only to fall after U.S. President Donald Trump issued a denial of the report on social media. Brent crude futures were up 6 cents, or 0.09%, at $65.06 a barrel by 11:12 a.m. CDT (1612 GMT), […]
Buffett to issue letter to children and shareholders, hand off annual letter to Abel, WSJ says
(Reuters) -Warren Buffett will release a letter to his three children and Berkshire Hathaway shareholders on November 10, while Greg Abel will write Berkshire’s annual shareholder letter in February after becoming chief executive, the Wall Street Journal said on Thursday, citing Buffett’s assistant. Buffett, 95, is s[...]
Samsung Electronics in talks with Nvidia to supply next-generation HBM4 chips
Samsung is in talks with Nvidia to supply next-gen HBM4 chips, aiming to close the gap with SK Hynix in the booming AI chip market.
