Drone ‘Wingmen’ Take Center Stage at Paris Airshow
The Paris Airshow featured autonomous military drones known as “wingmen” as defense companies presented their advanced aircraft systems which will...
U.S. Crude Stockpiles Plunge, Fuel Inventories Rise
The U.S. crude oil inventory levels decreased by their largest amount throughout the past year but gasoline and distillate supplies...
Yum Brands Names CFO Chris Turner as New CEO
Yum Brands announced Tuesday that Chris Turner, the company’s current chief financial officer, will become CEO starting October 1, succeeding...
Kering Hires Renault CEO De Meo to Revive Gucci
Kering announced Renault CEO Luca de Meo as its new executive leader through an unexpected selection that aims to restore...
OpenAI to Maintain Ties With Scale AI After Meta Deal
OpenAI maintains its partnership with Scale AI despite Meta acquiring a 49% stake in the data-labeling startup for $14.8 billion....
China Confirms Trade Deal, Urges Both Sides to Comply
China confirmed its dedication to the new trade agreement with the U.S. by asking both parties to maintain their agreement...
US Importers Turn to Brokers to Tackle Tariff Chaos
The changing trade policies of President Trump have led U.S. importers to use customs brokers more frequently but this increased...
Fed Seen Holding Rates Steady as Tariff Fears Persist
The U.S. Federal Reserve maintains expectations to maintain interest rates steady through the upcoming months because persistent inflation concerns stemming...
Qualcomm to Acquire Alphawave in $2.4 Billion AI Play
Qualcomm announced a deal to buy British semiconductor company Alphawave for about $2.4 billion on Monday, marking its latest push...
Musk’s xAI Aims for $13 Billion in 2029 Earnings
A Morgan Stanley report indicates that Elon Musk’s artificial intelligence startup xAI will generate more than $13 billion in yearly...
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