Doug McMillon Steps Down: Will Walmart's New CEO Keep The World's Largest Retailer On Top?
Doug McMillon retires after transforming Walmart into a tech-driven powerhouse. John Furner will succeed him, but can he sustain Walmart's dominance in a volatile retail market?
Verizon To Transform 180 Stores Into Franchises, Cutting Thousands Of Jobs
Verizon plans to cut 15,000 jobs and convert 180 stores into franchises amid rising competition.
Trump Administration Eyes Tariff Reductions And Market Access With Latin American Partners
Trump administration announces trade frameworks with Argentina, Ecuador, El Salvador, and Guatemala to reduce tariffs and boost US exports.
Ubisoft Delays Half-Year Results, Sparks Investor Speculation As Shares Halted On Euronext
Ubisoft delays its half-year results and halts trading on Euronext, sparking investor concern and speculation.
Editor's Pick
Disney Channels Remain Blocked On YouTube TV, Causing $30 Million Weekly Revenue Loss
Disney loses $30 million weekly as YouTube TV blackout of ABC and ESPN continues amid contract dispute.
Amazon Faces Federal Lawsuit Over Alleged ADA Violations And Absence Policies
Amazon faces a federal class-action lawsuit over alleged ADA violations and punitive attendance policies for disabled workers.
Toyota Pledges $10 Billion Investment In American Factories, Boosting EV Production
Toyota to invest $10 billion in U.S. factories, boosting EV and hybrid production and creating thousands of jobs.
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
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.
UK Pension Age Changes: Workers Warned They May Work Until 80
The UK Pension Age Changes debate intensifies: Experts warn workers may have to work until 80. The £15.5bn triple lock cost makes the system unsustainable.
UK Banks Slash Mortgage Rates Before Key Bank of England Vote — Analysts Predict Shock 0.25% Cut
Major UK lenders have cut mortgage rates ahead of the Bank of England's upcoming decision, igniting a competitive mortgage market just days before the MPC meeting.
