Trump and Xi agree to lower tariffs and restart trade talks during a South Korea summit, signaling a potential reset in U.S.-China relations.

UPS cuts 48,000 jobs and closes 93 facilities in a major $3.5 billion cost-saving overhaul by 2025.

Ex-UBS trader Tom Hayes sues the bank for $400M, claiming he was made the fall guy in the Libor scandal.

China's C919 jet faces delivery delays due to U.S. export restrictions and ongoing trade tensions.

Paramount Skydance plans to keep Warner Bros. creative teams intact while merging HBO Max with Paramount+ for a streamlined operation.

Novartis is acquiring U.S. biotech Avidity Biosciences for $12B to expand rare muscle disorder treatments.

Hormel recalls 4.9 million pounds of frozen chicken after discovering metal fragments from a conveyor belt, urging restaurants to discard affected products.

Trump threatens a 10% tariff on Canadian imports after Ontario airs a Reagan-themed anti-tariff ad.

Australia's ACCC has sued Microsoft for allegedly misleading 2.7 million users over AI-driven Microsoft 365 price hikes.

Neutrogena recalls makeup wipes after tests found harmful bacteria, urging consumers to stop use immediately.