Verizon Communications (VZ) has announced a significant revamp aimed at its customers, which includes getting rid of activation and device upgrade fees, launching a new loyalty program for everyone, and simplifying their wireless and bundled service options.
Uber Technologies (UBER), Nuro, and Lucid Group have revealed that Houston will be the second city to host their robotaxi service, with plans to kick off commercial operations around mid-2027.
Novo Nordisk B A/S (NVO), the Danish pharmaceutical firm, has announced it's looking into claims made by the cyber extortion group FulcrumSec, which alleges that over a terabyte of company data was stolen after Novo Nordisk supposedly refused to pay a $25 million ransom.
Women are more likely than men to say they sleep poorly, even though sleep tests show they often sleep better, according to a new study from Karolinska Institutet. "It's a paradox, but we have found a possible explanation for why sleep quality is perceived so differently by men and women," commented...
Southwest Airlines Co. (LUV) announced Wednesday a partnership with Amazon Web Services (AWS) as its preferred cloud provider to modernize its technology foundation and evolve how the airline operates, builds, and is able to serve its customers. This is expected to help Southwest move faster and automate...
Siemens Energy AG (SMNEY.PK) and Neptun Smulders Offshore Renewables (NSORe) have been awarded a contract by German transmission system operator 50Hertz for the North Sea Connector 2 project, Siemens Energy said on Wednesday. The North Sea Connector 2 grid connection system will enable up to 2 gigawatts...
Gildan Activewear Inc. (GIL) shares fell 18.77% on Tuesday to close at $50.34 after a short seller report raised concerns about the company's sales practices and growth trends. The report, published by Jehoshaphat Research on June 16, alleged that Gildan had shipped excess inventory to distributors...
New Zealand will on Thursday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. In the previous three months, GDP was up 0.2 percent on quarter and 1.3 percent on year. The central bank in Indonesia will wrap up its monetary policy meeting...
Following Kevin Warsh's first monetary policy meeting as Federal Reserve chairman, the central bank on Wednesday announced its widely expected decision to leave interest rates unchanged. The Fed said it decided to maintain the target range for the federal funds rate at 3.50 to 3.75 percent, citing its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.
A report released by the National Association of Realtors on Wednesday showed a substantial increase in pending home sales in the U.S. in the month of May. NAR said its pending home sales spiked by 3.8 percent to 76.8 in May after rising by 0.3 percent to a downwardly revised 74.0 in April. Economists had expected pending home sales to advance by 0.9 percent.
On Tuesday, the UK has annuonced a major sanctions package aimed at choking off Russia's war effort across multiple fronts. The latest round of punitive action by the UK includes 70 new sanctions targeting Russia's illicit shadow fleet, military procurement supply chains, and illicit finance networks used to circumvent Wedtern sanctions. The sanctions further crack down on Russia's decrepit
French President Emmanuel Macron has announced that the G7 summit in France will discuss the long-term reopening of the Strait of Hormuz as part of the US-Iran deal, set for signing later this week. "The aim will be to see the consequences of this agreement, support for Lebanon, the lasting reopening of Hormuz and of course the concluding of an accord on nuclear and ballistic activities in Iran,"
The U.S. Supreme Court has denied the state of Alabama's appeal to execute death row inmate Jeffery Lee by nitrogen hypoxia. The Supreme Court issued an order Thursday refusing to overturn a federal court's ruling that nitrogen suffocation is unconstitutional, which means the convicted murderer's execution will be delayed. The State of Alabama appealed the ruling by two lower courts previously
Ahead of Wednesday's holiday for the Islamic New Year, the Malaysia stock market had finished higher in five straight sessions, collecting almost 35 points or 2.2 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,710-point plateau although it's likely to open under water...
The Japanese stock market has tracked to the upside in five consecutive sessions, climbing more than 5,600 points or 8.9 percent in that span. Now at a fresh record closing high, the Nikkei 225 sits just above the 69,900-point plateau although investors are likely to lock in gains on Thursday. The...
The South Korea stock market has moved higher in five straight sessions, advancing almost 1,150 points or 13 .7percent along the way. Now at a fresh record closing high, the KOSPI sits just above the 8,860-point plateau although it may run out of steam on Thursday. The global forecast for the Asian...
Jabil Inc. (JBL) stock rose 4.39 percent, or $16.50, to $392.01 after the electronics manufacturing services provider reported higher fiscal third-quarter earnings and revenue.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
Cryptocurrencies declined in the past 24 hours amidst growing anxiety about the Federal Reserve's monetary policy outlook. The decision of the first FOMC under the leadership of Kevin Warsh would be known on Wednesday afternoon. Markets expect the Fed to hold rates steady but are less sure about the...
The Justice Department has announced charges against five men who were arrested for an alleged plot to carry out an attack at a White House event at the weekend. According to FBI, the accused were planning to kill government officials and others attending the Ultimate Fighting Championship Freedom 250 event held at the White House on Sunday. The FBI launched an investigation into the plot and
June's FDA calendar offers plenty for investors to keep a close eye on. Among the key names are Spero Therapeutics, awaiting an FDA decision on its antibiotic for complicated urinary tract infections; Kiniksa Pharma, seeking approval for a technology transfer of the manufacturing process for Arcalyst drug substance; and Merck, pursuing the first FDA approval for its WELIREG - KEYTRUDA combination.
Retail sales in the U.S. increased by much more than expected in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said retail sales grew by 0.9 percent in May after rising by a downwardly revised 0.4 percent in April. Economists had expected retail sales to climb by 0.5 percent.
Despite transport cost pressures, UK consumer price inflation remained stable in May, ahead of the Bank of England's policy announcement on Thursday. Consumer prices registered an annual increase of 2.8 percent, the same rate as seen in April, the Office for National Statistics said Wednesday. Prices were expected to climb 3.0 percent.
Consumer and producer prices data from the UK is top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for May. Inflation is expected to rise to 3.0 percent from 2.8 percent in April. Output price inflation is seen unchanged at 4.0 percent in May.
A report released by the Labor Department on Tuesday showed import prices in the U.S. shot up by much more than expected in the month of May. The Labor Department said import prices jumped by 1.9 percent in May after leaping by an upwardly revised 2.0 percent in April.
A study from Rutgers University examined whether GLP-1 drugs such as Ozempic and Wegovy influence impulsive tendencies and violent behavior in adults. To answer this question, researchers analyzed data from a 2025 survey of 7,521 adults in the United States. Their main focus was on 821 participants...
The U.S. Food and Drug Administration has approved another over-the-counter (OTC) intranasal naloxone product for the emergency treatment of opioid overdose. Consumers may directly purchase Rextovy, a 4 milligram naloxone hydrochloride nasal spray, without a prescription in places such as pharmacies,...
A large scientific review suggests that sleeping too little or too much may not significantly raise overall cancer risk, challenging long-held assumptions about the role of sleep in cancer development.
Carvana, the online retailer that revolutionized the used-car market, is making a bold move into new vehicle sales by acquiring seven franchised dealerships. Experts in the industry suggest this could significantly change the traditional auto retail landscape in the U.S.
McDonald's is making a splash by bringing back one of its most cherished items the original Fried Apple Pie for a limited run after being gone for over three decades.
Space Exploration Technologies Corp. (SPCX) has been on a remarkable roll since its IPO, briefly exceeding Amazon's market valuation on Tuesday and even outpacing Microsoft at one point. Investors are diving into the stock, especially with the launch of its new options market.
Google has launched Android 17, introducing new multitasking, gaming, productivity, and security features. The latest Android update will roll out first to eligible Pixel devices and expand to other Android smartphones later in 2026. One of the headline additions is Bubbles, which allows users to...