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2026

Nike shares drop as retailer posts disappointing sales, announces layoffs as part of restructuring
4 mins read
  • Retail

Nike shares drop as retailer posts disappointing sales, announces layoffs as part of restructuring

October 2, 2026 admin0

Nike is expected to post another quarter of declining sales as the company tries to turn around its business and regain growth in China.

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Trump could target three Fed governors. Removing them may be harder than it looks
7 mins read
  • Interesting

Trump could target three Fed governors. Removing them may be harder than it looks

October 2, 2026 admin0

Trump could seek to remove Jerome Powell, Lisa Cook and Michael Barr from the Federal Reserve, but court rulings and lengthy litigation could limit him.

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Sen. Hawley: OpenAI CEO Sam Altman declined to testify at rogue AI hearing
3 mins read
  • Interesting

Sen. Hawley: OpenAI CEO Sam Altman declined to testify at rogue AI hearing

October 1, 2026 admin0

A Senate subcommittee on Wednesday is examining rogue AI, after a series of AI cyberattacks and increasing warnings about the risks of the technology.

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Mattel names Roger Lynch as CEO, replacing Ynon Kreiz
2 mins read
  • Retail

Mattel names Roger Lynch as CEO, replacing Ynon Kreiz

October 1, 2026 admin0

Mattel announced on Wednesday that Roger Lynch would serve as CEO and Chairman, replacing Ynon Kreiz.

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Senators clinch construction permitting deal before election jet-set
3 mins read
  • Interesting

Senators clinch construction permitting deal before election jet-set

October 1, 2026 admin0

A legislative deal to ease construction permitting sets up potential action in Congress when lawmakers return after the November election.

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Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker’s shares hit new low
2 mins read
  • Autos

Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker’s shares hit new low

October 1, 2026 admin0

Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company’s 2026 guidance and its plans to be cash flow positive by 2027.

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Elon Musk, Palmer Luckey and Newt Gingrich to help Pentagon with warfare initiative, Hegseth says
2 mins read
  • Interesting

Elon Musk, Palmer Luckey and Newt Gingrich to help Pentagon with warfare initiative, Hegseth says

October 1, 2026 admin0

Pete Hegseth, in remarks about the state of the military, announced a project led by two GOP-supporting tech executives to examine military capabilities.

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MGM CEO leaves door open to People Inc. bid as casino dealmaking heats up
8 mins read
  • Casinos and Gaming

MGM CEO leaves door open to People Inc. bid as casino dealmaking heats up

October 1, 2026 admin0

The Wall Street Journal reported MGM was exploring an offer for People Inc. after People Inc. withdrew its $48.30-per-share proposal to buy the rest of MGM.

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Trump ‘thinking about’ diesel export ban, but says it could have ‘negative impact’ on gasoline
3 mins read
  • Interesting

Trump ‘thinking about’ diesel export ban, but says it could have ‘negative impact’ on gasoline

October 1, 2026 admin0

Trump recently said he was “very seriously” considering a diesel export ban, despite warnings from the U.S. oil industry that doing so would raise prices.

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David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery
2 mins read
  • Media

David Ellison names Ynon Kreiz co-CEO of Paramount and Warner Bros. Discovery

October 1, 2026 admin0

Paramount CEO David Ellison announced outgoing Mattel chief Ynon Kreiz will serve as the co-CEO of the anticipated combination of Paramount and WBD.

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