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,...

Nike Faces Civil Rights Investigation Tied to DEI Policies...
NEW YORK — Nike is facing a federal civil rights investigation over whether its diversity, equity and inclusion (DEI) ...

PepsiCo Reports Solid Earnings Boosting Investor Confidence...
PURCHASE, N.Y. — PepsiCo's stronger-than-expected quarterly earnings and reaffirmed full-year guidance provided reassu...

Netflix Reports Strong Revenue Growth in Latest Quarterly Results...
LOS GATOS, Calif. — Netflix reported double-digit revenue growth in its second quarter as higher subscription prices, ...

Goldman Sachs Shares Surge Following Strong Quarterly Performance...
NEW YORK — Goldman Sachs shares rose sharply after the Wall Street bank delivered stronger-than-expected second-quarte...

Major Tech Giants Release Q2 Earnings Amid Global Market Volatility...
NEW YORK — Major technology companies moved into focus on Friday as second-quarter earnings season gathered pace, with...

Indonesia Launches $20.9 Billion Abadi Masela LNG Project...
JAKARTA — Indonesia has launched the US$20.9 billion Abadi Masela liquefied natural gas (LNG) project, marking the sta...

Laid-Off Workers Navigate a Job Market Reshaped by AI...
When software engineer Sarah Chen learned that her position had been eliminated earlier this year, the news came alongsi...

Strong Chip Earnings Fail to Calm Investor Worries Over Semiconductors...
Strong quarterly results from leading semiconductor companies have failed to reassure investors that the artificial inte...

Markets Fall as Chip Stocks Tumble Amid Iran Conflict Fears...
NEW YORK — Global equity markets fell on Friday as semiconductor shares extended losses and investors reduced exposure...