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A New Glenn rocket from Blue Origin exploded during a ground test at Kennedy Space Center, raising concerns about the timeline for NASA's Artemis moon program and planned lunar base construction.

  • EU Slaps Fine On Temu For Unsafe Products May 28, 2026 17:31 ET

    The European Union has hit the Chinese-owned online retailer Temu with a EUR200 million ($232 million) fine after regulators discovered a slew of illegal and potentially dangerous items on its platform, like unsafe baby toys and faulty chargers.

  • Google Engineer Arrested Over Alleged Insider Trading On Polymarket May 28, 2026 17:30 ET

    A software engineer at Google, under Alphabet Inc. (GOOG) has been arrested and is facing charges in the U.S. for allegedly using insider info to make profitable bets on the prediction market platform Polymarket.

  • Dollar Tree Stock Up 13% On Q1 Results, Positive Outlook, Deal With DoorDash May 28, 2026 08:13 ET

    Shares of Dollar Tree Inc. were climbing around 13 percent in the pre-market activity on Nasdaq, after the discount retailer on Thursday issued positive second-quarter comparable store sales outlook and raised fiscal 2026 earnings view on strong demand, after reporting higher first-quarter results. Separately, Dollar Tree announced a new partnership with commerce platform DoorDash Inc.

Anthropic Becomes Most Valuable AI Startup After $65 Bln Funding Round

May 29, 2026 17:21 ET anthropic 29052026 lt

Anthropic has shot to the top of the AI startup scene, becoming the most valuable player in Silicon Valley with its recent $65 billion Series H funding round. This deal values the company at a staggering $965 billion, putting it ahead of competitors like OpenAI.

BYD Unveils 4-Nanometer Self-Driving Chip Amid China EV Competition

May 28, 2026 18:28 ET byd 28052026 lt

BYD Company Limited (BYDDY) has just launched a new wave of tech innovations, including what it claims is China's first automotive-grade 4-nanometer chip designed for self-driving cars.

MGM Shares Jump 15% As People Incorporated Offers To Acquire Remaining Stake

June 01, 2026 12:11 ET Topstories2 30052024 lt

MGM Resorts International (MGM) stock rose 14.77 percent to $50.12, gaining $6.45 on Monday, following a non-binding acquisition proposal from its largest shareholder, People Incorporated.

Rocky Mountain Chocolate Factory Reports Wider Q4 Loss, Stock Down

June 01, 2026 10:00 ET rttnewslogo20mar2024 lt

Rocky Mountain Chocolate Factory (RMCF) reported on Monday wider loss in the fourth quarter of 2026, ended February 28. The loss was attributable to the disposal of supplies with old branding, and lower revenue due to the underperformance of the company's packaged boxed assortment business. Net loss...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Lilly Continues Its Acquisition Spree, Inks Two Asia Partnerships Today

June 01, 2026 12:21 ET lilly 01062026 lt

Eli Lilly and Company (LLY) continued its deal-making momentum on June 1, 2026, announcing two new licensing agreements in Asia while also highlighting three infectious-disease acquisitions completed last week.

Rocky Mountain Chocolate Factory Reports Wider Q4 Loss, Stock Down

June 01, 2026 10:00 ET earnings1 30052024 lt

Rocky Mountain Chocolate Factory (RMCF) reported on Monday wider loss in the fourth quarter of 2026, ended February 28. The loss was attributable to the disposal of supplies with old branding, and lower revenue due to the underperformance of the company's packaged boxed assortment business. Net loss...

U.S. Construction Spending Increases From Downwardly Revised Level In April

June 01, 2026 10:44 ET usconstructionspending 01062026 lt

A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April. The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in April after rising by 0.2 percent to a revised rate of $2.164 trillion in March.

  • U.S. Manufacturing Index Rises To Four-Year High In May June 01, 2026 10:41 ET

    Manufacturing activity in the U.S. expanded for the fifth consecutive month in May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI rose to 54.0 in May from 52.7 in April, with a reading above 50 indicating growth. Economists had expected the index to inch up to 53.1.

  • Bulgaria Inflation Climbs To 7.0%, Highest In 33 Months June 01, 2026 10:32 ET

    Bulgaria's consumer price inflation accelerated further in May to the highest level in more than two-and-a-half years. The consumer price index, or CPI, climbed 7.0 percent year-over-year in May, faster than the 6.8 percent rise in April. The rise in inflation was largely driven by a 22.1 percent jump in transportation costs. On a monthly basis, consumer prices increased 0.2 percent.

  • UK Manufacturing Growth Hits 4-Year High June 01, 2026 10:09 ET

    The UK manufacturing activity expanded at the quickest pace in four years despite facing inflationary and supply chain pressures. The final manufacturing Purchasing Managers' Index rose to a 48-month high of 53.9 in May from 53.7 in the previous month. Output grew for the second successive month, led by expansions in the intermediate and investment goods industries.

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Okta Q1 27 Earnings Conference Call At 5:00 PM ET

May 28, 2026 15:00 ET rttnewslogo20mar2024 lt

Okta, Inc. (OKTA) will host a conference call at 5:00 PM ET on May 28, 2026, to discuss Q1 27 earnings results. To access the live webcast, log on to https://investor.okta.com/news-and-events/events-and-presentations/default.aspx

People Incorporated Proposes To Acquire MGM Resorts

June 01, 2026 09:31 ET rttnewslogo20mar2024 lt

People Incorporated (IAC) has submitted a non-binding proposal to the Board of MGM Resorts International (MGM) to acquire all outstanding shares of MGM that People Incorporated does not already own for $48.30 per share. People Incorporated now owns 26.1% of the outstanding common stock of MGM. People...

Quantinuum Targets Up To $1.46 Bln IPO Valuation

June 01, 2026 11:06 ET rttnewslogo20mar2024 lt

Quantum computing company Quantinuum has raised its initial public offering price range to $53 to $55 per share and has expanded its offering to 26.5 million shares. At the midpoint of the proposed range, the offering could raise about $1.43 billion before underwriting discounts and expenses. Quantinuum...

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