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Categories Business

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics

August 1, 2025

Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South

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Categories Business

Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

August 1, 2025

Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The provider

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Categories Business

FCC greenlights Paramount’s $8 billion merger with entertainment group Skydance

August 1, 2025

Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a

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Categories Business

JPMorgan marks 1,000th branch opening since 2018 expansion plans

August 1, 2025

JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The

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Categories Business

Apple crushes Wall Street expectations as iPhone sales soar

August 1, 2025

SAN FRANCISCO — Apple on Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling

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Categories Business

Ontario cancels internet deal with Musk’s Starlink as part of U.S. tariff fight

August 1, 2025

The Canadian province of Ontario has canceled a C$100 million ($68.12 million) satellite high-speed internet contract with Elon Musk’s company Starlink, following

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Categories Business

Trump ends de minimis exemption for global low-cost goods

August 1, 2025

President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries. The

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Categories Business

Recall warns some Celsius energy drink cans accidentally contain alcohol

August 1, 2025

The canned cocktail maker High Noon is warning customers that some of its vodka seltzers were accidentally labeled as Celsius energy drinks.

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Categories Business

Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

August 1, 2025

July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create

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