Trump imposes new 25% tariffs on imports from Japan and South Korea, with more hikes planned for other countries starting August 1.

UBS faces U.S. lawsuits over Credit Suisse AT1 bond losses, while offering goodwill payments to clients hit by trading turmoil.

Apple's Foundational Models head is now joining Meta's Superintelligence Labs.

Costco recalls several products, urging shoppers to stop using them immediately due to safety and health risks.

Ingram Micro confirms ransomware attack disrupting global operations, leaving customers unable to place orders or access key services.

After Microsoft's latest layoffs, an Xbox executive recommended Copilot as a tool to help affected employees manage stress and job hunting.

Nissan recalls over 480,000 vehicles due to engine defects that could lead to power loss and possible engine failure.

Helen Toner says Meta may quickly lose its new AI hires to poaching if it can't move fast or manage internal politics, despite big-name recruits and billion-dollar bets.

Del Monte Foods files for Chapter 11 bankruptcy amid shifting consumer trends and declining demand for canned goods.

Kraft Heinz recalls over 367,000 pounds of Oscar Mayer turkey bacon due to potential listeria contamination.