Trending in Business

UK’s New PM Burnham Launches Cost-of-Living Agenda With Electricity ...
Prime Minister Andy Burnham has made a cut in household electricity taxes the centrepiece of his fir...

Intel Job Cuts Signal Continued Restructuring in Chip Sector...
SANTA CLARA, Calif. — Intel is cutting jobs in its Data Center and AI Group as part of a broader r...

Charles Schwab Reports Record Trading Volume in Second Quarter...
WESTLAKE, Texas — Charles Schwab Corp. reported record trading activity in the second quarter of 2...

AMD Secures Five Billion Dollar AI Chip Deal with Anthropic...
SAN FRANCISCO — Advanced Micro Devices said on Wednesday it had reached a major artificial intelli...

Tesla Earnings Fall as Research Spending Rises Sharply...
AUSTIN, Texas—Tesla reported lower second-quarter earnings as spending on artificial intelligence,...

America Sees Boom in New Business Formations After Long Slump...
WASHINGTON — New business creation in the United States accelerated in recent months after an extended slowdown, with ...

Fed Chair Warsh Participates in Global Central Bank Discussions...
SINTRA, Portugal — Federal Reserve Chair Kevin Warsh joined leading central bankers at the European Central Bank's ann...

Stocks Decline on AI Spending and Tech Competition Anxieties...
NEW YORK—U.S. stocks fell on Friday, with technology and semiconductor shares leading broad market declines as investo...

Iraq Signs Oil Deals with Western Firms Including Syria Pipeline Revival...
WASHINGTON — Iraq signed more than $60 billion in preliminary agreements with Western companies on Friday, including m...

Robinhood CEO Discusses Trump Accounts and Next-Generation Trading Trends...
NEW YORK — Robinhood Markets Chief Executive Vlad Tenev said government-backed Trump Accounts could introduce millions...

Eli Lilly Advances Preventive Medicines Strategy in Pharma Industry Shift...
INDIANAPOLIS— Eli Lilly is accelerating its push toward preventive medicine by expanding investments in obesity, cardi...

Chinese AI Model Rivals US Leaders Raising Tech Competition Concerns...
SHANGHAI — A new artificial intelligence model released by Chinese startup Moonshot AI has intensified competition wit...

Indonesia and Vietnam Deepen Economic Partnership Amid Regional Supply Chain Com...
Indonesia and Vietnam have agreed on a new five-year action plan designed to deepen their comprehensive strategic partne...

Levi Strauss CEO Highlights AI Role in Workforce Productivity...
SAN FRANCISCO — Levi Strauss & Co. Chief Executive Michelle Gass said artificial intelligence is becoming a key driver...