Tue, 28 Jul 2026 05:33:00 GMT
Tue, 28 Jul 2026 05:31:28 GMT
- Modi’s Rare Retreat Gives Opening to India’s Battered Opposition
The student protests that rocked New Delhi and forced Indian Prime Minister Narendra Modi to take a rare step back have also given an opening to an opposition that has largely been sidelined in recent years.
- Anthropic’s Amodei Rejects Open Model Ban, Calls for Testing
Silicon Valley leaders from Anthropic PBC’s Dario Amodei to Nvidia Corp.’s Jensen Huang warned against a US crackdown on open-weight artificial intelligence systems, deepening a debate about how Washington should respond to a surprise breakthrough from Chinese startup Moonshot.
- Stocks Slump as Chip Selloff Worsens, Oil Drops: Markets Wrap
Stocks tumbled as mounting doubts over returns from billions of dollars of artificial-intelligence spending triggered another selloff in chipmakers from Wall Street to Asia. Bonds gained as oil retreated.
- Safran Boosts Profit Guidance on Buoyant Civil Engine Market
Safran SA raised its full-year guidance after strong demand for civil engine parts propelled its margin to a record.
- Dangote’s Heirs Back Plan to Give Third of His Wealth to Charity
Aliko Dangote, Africa’s richest person, plans to leave a third of his wealth to charity, Halima Dangote, the tycoon’s daughter said.
- Mercedes Cuts Revenue Outlook as China’s Luxury Slump Deepens
Mercedes-Benz Group AG lowered its full-year guidance, citing weaker demand in China, where a prolonged property slump is undermining consumer sentiment and curbing demand for luxury vehicles.
- Nvidia Employee Detained by Taiwan in China Chip Smuggling Probe
Taiwanese prosecutors have detained an Nvidia Corp. employee and searched the company’s offices as part of a widening probe into the alleged smuggling of AI accelerators into China, according to people familiar with the matter.
- Korean Markets Hit by Turmoil as Chip Rout Forces Trading Halts
South Korean stocks suffered a series of trading suspension on Tuesday, as a selloff in chipmakers spread across sectors.
- AI Boom Propels Hong Kong Exports to Strongest Growth Since 1984
Hong Kong’s exports surged by the most in more than four decades to hit a record in June, fueled by strong demand from the global boom in artificial intelligence.
- RBA’s Bullock Says Economy Cooling, Unsure Rates High Enough
Australia’s central bank chief said there are signs the economy is cooling as anticipated, though it’s still unclear if this year’s interest-rate hikes are enough to return inflation to target or whether additional tightening will be needed.
Tue, 28 Jul 2026 04:08 GMT
Tue, 28 Jul 2026 01:07:00 -0400
- Mercedes-Benz could face US ban under Senate bill targeting Chinese-owned automakers
Sen. Ted Cruz warns Mercedes-Benz would be banned from the U.S. market under new legislation targeting Chinese-owned automakers, accusing GM of a push.
- Nike and Hyperice unveil first-ever recovery slide with built-in heat and vibration recovery
The Nike Air Zoom Hyperslide, created in partnership with Nike and Hyperice, is a first-of-its-kind recovery slide with heating and vibration within to keep athletes on top.
- Treasury removes more than 80 people, companies from sanctions list as part of review
The Treasury Department cut 84 entries from its sanctions lists as part of a broader review targeting outdated designations and easing compliance burdens.
- Company bets $200K on AI to make trades workers ‘better, stronger, faster’
The facilities management firm told FOX Business that AI can help skilled trades workers take on more jobs as the industry faces a persistent labor shortage.
- LARRY KUDLOW: Surely the GOP can defeat big government socialism and weird values
The GOP is failing to message well in the runup to the midterms
- Palantir CEO warns US against Europe's AI regulation path, urges Trump admin to not ban open models
Palantir CEO Alex Karp warns the Trump administration against adopting Europe-style AI regulation, saying the continent has 'regulated itself out of business.'
- Ford enters competition to develop new US Army tactical truck
Ford is reportedly developing three F-Series Super Duty-based tactical truck prototypes as it pursues what could be its largest U.S. military contract in decades.
- Major pet store closing 75 locations nationwide, slowing expansion
Tractor Supply plans to close 75 underperforming Petsense locations after CEO Hal Lawton says those stores had negative four-wall cash flow.
- New CEO inherits Cracker Barrel still recovering from rebrand backlash
Cracker Barrel CEO Julie Masino is stepping down following a slow recovery from a failed rebrand. While foot traffic and stock trends improve, sales remain below last year's levels.
- Trump Accounts can be 'antidote' to socialism by teaching young Americans about capitalism: Treasury official
Trump Accounts can promote financial literacy and capitalism while combating socialism on college campuses, calling them an antidote to financial illiteracy, a Trump official said.