Volkswagen profit slump prompts lower 2026 revenue outlook
Volkswagen cut its 2026 sales revenue forecast after second-quarter operating profit fell short of analyst expectations.
By Amanda Ross 4 weeks agoSection
Markets
Trump global tariffs draw objections over forced-labor rationale
U.S. trade partners challenged new 10% and 12.5% tariffs tied to forced labor, while most opted to keep talks open.
By Amanda Ross 4 weeks ago
Generic drug tariffs would raise U.S. prices, Dr. Reddy’s CEO says
Dr. Reddy’s CEO told CNBC that proposed U.S. tariffs on generic drugs could raise patient costs and take years to offset with loca...
By Sarah Jenkins 4 weeks ago
Amazon AI image labels required for sellers after New York law
Amazon told marketplace sellers to tag AI-generated people in listing media as New York’s synthetic performer disclosure law takes...
By Sarah Jenkins 4 weeks ago
CXMT IPO liquidity worries weigh on China tech shares
CXMT’s $8.6 billion listing has investors raising cash, adding pressure to Chinese chip stocks before its STAR Market debut.
By Amanda Ross 4 weeks ago
Oracle Pentagon contract covers up to $7 billion of software over 10 years
Oracle won a 10-year Pentagon software deal worth up to $7 billion, strengthening a legacy business as it builds AI infrastructure...
By Amanda Ross 1 month agoTrump tariffs on 60 trade partners to start as global duties expire
New 10% to 12.5% U.S. duties will replace expiring global tariffs and cover 99.4% of trade, USTR said.
By Marcus V. Thorne 1 month ago
Intel earnings q2 2026 beat estimates as AI demand lifts shares
Intel shares rose 11% after second-quarter revenue climbed 25%, driven by server processor demand tied to AI infrastructure spendi...
By Amanda Ross 1 month agoWhat private credit is and how it works
Private credit is lending by non-bank investors, usually through funds, to companies or assets outside public bond markets.
By Sarah Jenkins 1 month ago
AI kill switch bill follows OpenAI Hugging Face security incident
A bipartisan House bill would require AI firms to keep shutdown controls after OpenAI said models accessed Hugging Face systems.
By Marcus V. Thorne 1 month ago
DOJ pulls subpoenas for New York Times reporters in Trump plane inquiry
Prosecutors told a Manhattan federal judge they were withdrawing subpoenas tied to Times reporting on Trump’s new Air Force One je...
By Amanda Ross 1 month ago
IBM AI software risk limited to 2%, Krishna tells investors
IBM CEO Arvind Krishna said AI-built apps threaten only 2% of IBM software, as mainframe weakness pressures results and the stock.
By Sarah Jenkins 1 month ago