Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.
Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.
United Airlines Holdings, Inc. (UAL) CEO Scott Kirby believes we won't see any major mergers among U.S. airlines anytime soon.
Tech giant Apple Inc. (AAPL) on Monday unveiled Siri AI, a completely redesigned version of Siri powered by Apple Intelligence. The new assistant is available for developer testing immediately and will be released as a beta later this year. Apple said Siri AI can understand personal context across...
Raytheon, an RTX Corp. (RTX) business, announced Monday it is investing $100 million to expand its Portsmouth, Rhode Island-based facility, which has been operating for more than 60 years. The facility supports undersea technology, combat systems and radars. The expansion will accelerate Lower Tier...
Retailer Target Corp. is recalling select Up & Up Baby Wipes, due to potential microbial contamination, according to the U.S. Food and Drug Administration. The recall involves Up & Up FragranceFree Baby Wipes and Up & Up Fresh Cucumber Scented Baby Wipes with various counts and UPC numbers. The impacted wipes were manufactured by a supplier, Sapro Temizlik Urunleri, and sold at Target stores...
Lamb Weston Holdings, Inc. (LW), a supplier of frozen potato products, on Thursday said it plans to close its production facility in Broekhuizenvorst, the Netherlands. The company said the move is part of its broader executional excellence efforts and ongoing implementation of its Focus to Win strategy,...
The M2 money stock in Japan was up 2.5 percent on year in May, the Bank of Japan said on Tuesday - coming in at 1,298.1 trillion yen. That follows the 2.3 percent annual increase in April and the 2.0 percent gain in March. The M3 money stock was up 1.7 percent at 1,642.4 trillion yen, while M1...
South Korea's gross domestic product expanded a seasonally adjusted 1.8 percent on quarter in the first quarter of 2026, the Bank of Korea said on Tuesday. That was up from 1.7 percent in last month's advance estimate following the upwardly revised 0.1 percent contraction in the previous three months...
South Korea will on Tuesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 1.7 percent on quarter and 3.6 percent on year after slipping 0.2 percent on quarter and adding 1.6 percent on year in the previous three months. Japan...
Ukraine President Volodymyr Zelensky and the leaders of three European major powers have called on Russian President Putin to agree to an immediate and complete ceasefire. UK Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz met with President Zelensky in London to reiterate their unwavering support for Ukraine in its defense against Russia's inva
The U.S. House of Representatives has passed with the support of 18 Republican lawmakers a sweeping legislation that includes major Ukraine aid and Russia sanctions package. The Ukraine Support Act authorizes $1.3 billion in security assistance to Ukraine, $8 billion in arms sales, and imposes broad, sweeping new oil and gas sanctions against Russia. The first major Ukraine-assistance package fr
A closely watched UN Security Council election delivered a mix of continuity and change on Wednesday, as Austria, Portugal, Trinidad and Tobago, Zimbabwe - and first-time member Kyrgyzstan, secured seats as non-permanent members of the apex Council. The five countries were elected by the 193-member General Assembly to serve as non-permanent members of the Security Council for two-year terms begin
The Thai stock market has finished lower in two straight sessions, slumping more than 30 points or 2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,560-point plateau although it may tick higher on Tuesday. The global forecast for the Asian markets is cautiously optimistic...
The Indonesia stock market has finished lower in four straight sessions, plummeting more than 850 points or 15 percent in that span. The Jakarta Composite Index now sits just above the 5,340-point plateau although it may continue to spiral on Tuesday. The JCI finished sharply lower again on Monday...
The Hong Kong stock market has moved lower in four straight sessions, slumping almost 1,300 points or 5.5 percent along the way. The Hang Seng Index now sits just above the 24,650-point plateau although it's overdue for support on Tuesday. The global forecast for the Asian markets is cautiously optimistic...
Motorcar Parts of America, Inc. (MPAA) shares soared 37.84 percent, gaining $4.01 to $14.60 on Monday after the automotive aftermarket parts supplier reported fourth-quarter results that showed a return to profitability on higher sales and operating income.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.
Cryptocurrencies have recorded strong gains in the past 24 hours amidst a surge in prices that triggered a liquidation cascade of short positions.
President Donald Trump has signed an Executive Order to advance American artificial intelligence innovation to strengthen the nation's cybersecurity, protect critical infrastructure, and ensure the United States remains the global leader in AI innovation. The Order directs appropriate agencies to prioritize the cyber defense of National Security Systems, Department of War information systems, an
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.
Eurozone investor confidence improved for the second straight month in June, signalling economic stabilization to continue over the coming months, survey data from the behavioral research institute Sentix showed Monday. The investor sentiment index rose more-than-expected to -13.4 in June from -16.4 in May. The score was forecast to rise to -13.8.
Japan's economy expanded a slower pace than initially estimated in the first quarter largely reflecting the decline in business investment, revised data from the Cabinet Office showed Monday. Gross domestic product logged an annualized growth of 1.8 percent in the first quarter, which was revised down from the 2.1 percent growth estimated initially.
Factory orders from Germany and investor confidence from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders. Economists forecast factory orders to fall 2.2 percent on a monthly basis in April, in contrast to the 5.0 percent increase in March.
House prices in the U.K. fell for a third month in a row in May amid the global uncertainty linked to the tensions in West Asia and subdued demand due to higher borrowing costs, results of a survey by S&P Global showed on Friday. The house price index fell 0.1 percent month-on-month in May, same as in April, the S&P Global survey conducted for the Lloyds Bank subsidiary Halifax revealed.
Chinese researchers have carried out the world's first transplant of two pig kidneys and a pig liver into a 53-year-old brain-dead man at the same time, marking an important step forward in xenotransplantation. The surgery was conducted at the Second Affiliated Hospital of Guangxi Medical University...
The Africa Centres for Disease Control and Prevention (Africa CDC) and the World Health Organization (WHO) have launched a joint plan to help African countries prepare for and respond to the ongoing Ebola outbreak caused by the Bundibugyo virus. The joint initiative comes as authorities in the Democratic...
Monday, Tango Therapeutics, Inc. (TNGX) announced positive initial data from its ongoing Phase 1/2 study of vopimetostat in combination with Revolution Medicines' RAS(ON) inhibitors daraxonrasib or zoldonrasib. During the study, patients with MTAP-deleted and RAS-mutant metastatic pancreatic ductal...
A new study suggests that doing a moderate amount of strength training every week may help people live longer, especially when it is combined with regular aerobic exercise such as walking, running, cycling, or swimming. Researchers analyzed data from three large long-term health studies involving...
Shares of Tate & Lyle Plc were gaining around 14% on the London Stock Exchange after the British sweetener and food solutions firm announced Monday its agreement to a 595 pence per share all-cash deal to be bought by U.S. food ingredients maker Ingredion Inc. The cash consideration values Tate & Lyle at around 2.7 billion pounds or $3.6 billion, with an implied enterprise value of...
Jack Clark, co-founder of Anthropic, is sounding the alarm about the need for the AI industry to create ways to slow down or even halt the rapid development of advanced AI. He warns that we're nearing a point where these systems might improve themselves without any human input.
Amazon.com Inc. (AMZN), MGM Studios has hinted that it plans to take charge of publishing future James Bond video games after gaining creative control over the franchise.
Wyze Labs is recalling about 321,360 of its Solar Cam Pan Security Cameras in the U.S. and another 2,560 in Canada because of a fire risk associated with improperly assembled instructions.