Kohl's Plans Permanent CEO Appointment For Michael Bender Following Interim Term
Kohl's plans to name Michael Bender as permanent CEO following his interim term, aiming to stabilize leadership ahead of earnings.
Canada Signals No Rush To Restart Trade Negotiations With US, Citing No 'Burning Issue'
Canada says it will resume U.S. trade talks when needed, citing no urgent issues and focusing on tariffs and economic partnerships.
Walmart, Costco May Need Old-School Cash Lanes Under New Legislation
Ohio may require Walmart, Costco, and Target to offer cash lanes for purchases under $500 under a new bill.
Average New-Car Price Nears $50K For First Time As Costs Keep Climbing
Average new-car prices in the U.S. near $50K, leaving buyers facing higher costs and bigger monthly payments.
Editor's Pick
Warner Bros Discovery Attracts Multiple Bids As Political Pressure Mounts In Washington
Warner Bros Discovery faces a bidding battle from Paramount, Comcast, and Netflix amid political and regulatory scrutiny.
Tesla Sued As Model 3 Fire Kills Woman, Injures Husband; Filing Blames Battery, Door Failure
Tesla faces a lawsuit after a Model 3 fire kills a woman and injures her husband, citing battery and door failures.
Nvidia Chips Export Plot Involving Americans And Chinese Nationals Exposed
Four individuals, including two Americans and two Chinese nationals, face federal charges for secretly exporting Nvidia AI chips to China.
Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
US Seizes Record $15 Billion in Bitcoin From Global 'Pig Butchering' Scheme Linked to Chen Zhi
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
China Retaliates Against Canada With Hefty Tariffs On Key Exports
China imposes retaliatory tariffs on Canadian goods in response to Canada's trade restrictions on Chinese products.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
China Imposes Retaliatory Tariffs on US Imports, Launches Google Antitrust Probe
China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
Deals
Funding
AI Startup Funding Surging Despite Sting of High Interest Rates
AI startups are riding a wave of fresh capital in 2025—even as the Federal Reserve keeps interest rates at multi-decade highs. Instead of slowing down, the sector is posting some of its boldest funding figures yet, fueled by surging demand for both AI infrastructure and specialized applications.
Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades
On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.
Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges
President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.
People
Elon Musk Shock: Biographer Criticises CEO For Firing People Instead Of Government Reform
Biographer Walter Isaacson claims Elon Musk bungled a chance for US government reform, criticising his staff relief streak. Musk responded by promising to share his own account.
Viral Ex-DoorDash Employee Criminally Charged, Faces Possible 10-Year Prison Time
Olivia Henderson, the former DoorDash employee who accused a customer of sexual assault, was arrested and criminally charged.
Within 10 Years, Many Jobs Could Vanish, Warns DeepSeek Senior Researcher at a Chinese Conference
DeepSeek senior researcher Chen Deli has warned that AI could replace most human jobs within a decade, urging tech firms to act as "guardians of humanity" during his speech at the World Internet Conference in Wuzhen, China.
