AI

Trump says Europe has agreed to release a massive amount of diesel reserves, with the process starting immediately, as wars in Eastern Europe and the Middle East constrain global fuel supplies and lift diesel prices.

Trump says Europe has agreed to release a massive amoun...

Oct 2, 2026 0 0

A decades-old legal battle over hedge fund compensation is heading to a third trial in late October, with $165 million at stake as former traders Gentry Beach and Robert Vollero pursue claims against Paul Touradji.

A decades-old legal battle over hedge fund compensation...

Oct 2, 2026 0 0

Ford kept the No. 3 spot in U.S. light-duty vehicle sales in the third quarter, reporting 507,395 sales, narrowly ahead of Hyundai, Kia and Genesis at 506,200, despite a 6.6% decline.

Ford kept the No. 3 spot in U.S. light-duty vehicle sal...

Oct 2, 2026 0 0

Treasury and the IRS have issued new guidance targeting Section 351 ETF conversions used by wealthy investors to defer capital gains taxes, saying some transactions that use an ETF as a conduit do not work under existing law.

Treasury and the IRS have issued new guidance targeting...

Oct 2, 2026 0 0

Tesla reported 486,532 vehicle deliveries in the third quarter, above analyst expectations of about 461,100, and said it deployed 13.7 GWh of energy storage products during the period.

Tesla reported 486,532 vehicle deliveries in the third ...

Oct 2, 2026 0 0

David Ellison says the combined Paramount and Warner Bros. Discovery company will be named Skydance when the merger closes next week, marking a new chapter after two major acquisitions in 18 months.

David Ellison says the combined Paramount and Warner Br...

Oct 2, 2026 0 0

Former HSBC executive Joseph Molloy has been barred from regulated financial services work by the UK Financial Conduct Authority after a criminal conviction for dodging train fares on his commute.

Former HSBC executive Joseph Molloy has been barred fro...

Oct 2, 2026 0 0

U.S. nonfarm payrolls increased by 29,000 in September, below expectations, while the unemployment rate rose to 4.2%, according to the September 2026 jobs report.

U.S. nonfarm payrolls increased by 29,000 in September,...

Oct 2, 2026 0 0

South Korea is taking a cautious approach to the Alaska LNG project even as President Donald Trump says the two countries agreed to work on it as part of Seoul’s $200 billion U.S. investment package.

South Korea is taking a cautious approach to the Alaska...

Oct 2, 2026 0 0

Novartis has agreed to pay up to $7.8 billion in a licensing deal with China-based Abogen Biosciences for global rights to an early-stage experimental autoimmune disease treatment and other RNA platform assets.

Novartis has agreed to pay up to $7.8 billion in a lice...

Oct 2, 2026 0 0

Burger King is selling about 200 U.S. company-operated restaurants to franchisees this year as part of a turnaround push that aims to leave most of its more than 6,000 U.S. locations in local hands.

Burger King is selling about 200 U.S. company-operated ...

Oct 2, 2026 0 0

Google says its new flagship AI model, Gemini 4 Argon, performs better than top OpenAI and Anthropic offerings in some benchmarks and will roll out first to trusted cybersecurity partners.

Google says its new flagship AI model, Gemini 4 Argon, ...

Oct 2, 2026 0 0

A former flight attendant who spent nearly a decade on long-haul international routes says passengers should stop nine common behaviors on airplanes, based on the worst etiquette she saw in commercial air travel.

A former flight attendant who spent nearly a decade on ...

Oct 2, 2026 0 0

The U.S. bond market firmed Thursday as TLT logged its best intraday rally in at least a month, while unusual options flows in utilities and SOFR futures suggested some traders think the sell-off may be easing.

The U.S. bond market firmed Thursday as TLT logged its ...

Oct 2, 2026 0 0

Mattel shares rose nearly 20% after reports that Authentic Brands Group has privately discussed a possible takeover offer valuing the toymaker at more than $20 per share, or about $6 billion.

Mattel shares rose nearly 20% after reports that Authen...

Oct 2, 2026 0 0

A passenger on a Flydubai flight says the plane plunged rapidly after a cockpit disturbance, and he was later told one pilot had stabbed another. The flight was diverted to Saudi Arabia.

A passenger on a Flydubai flight says the plane plunged...

Oct 2, 2026 0 0

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