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GM reaches up to $4.5 billion parts deal designed to avoid supply chain troubles
The deal follows years of global automotive supply chain issues for GM and other companies.
Houthi attack kills six in first fatalities in Red Sea in over a year; U.S. strikes containership
A cargoship and containership have been hit in the Red Sea and Gulf of Oman as the war inflicts a toll on the world’s critical shipping lanes.
Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?
Polls begin to close in primary elections across the country
Progressive Democrats hope to keep their winning streak rolling in Minnesota and Wisconsin.
Baby products company Frida is expanding into kids’ personal care
Baby products company Frida is launching a new category of personal care items for kids, tapping into a growing market and largely untapped space.
Trump Media posts $238 million second-quarter loss as crypto declines
TMTG said it has signed more than 10 customer agreements for Truth API, the service offering faster access to President Donald Trump’s posts.
Why JPMorgan is investing big in the 2028 LA Olympics
JPMorgan is making a nine-figure bet as the Olympics Games’ first-ever global banking partner.
Trump says NYC pied-à-terre tax ‘must be stopped,’ eyes federal block
Trump in a Truth Social post called Mamdani’s pied-à-terre tax a “dangerous political ‘experiment’ in New York will destroy” the city and state.
Invitation Homes CEO says ban on institutional homebuying will bring down prices, but not immediately
The CEO of the nation’s largest single-family rental landlord said the new law banning large-scale investors from the market will lower prices in the long term.
Pakistan signals progress on U.S.-Iran deal as Washington and Tehran trade reparation demands
Washington and Tehran remain far apart even as both sides talked of winding down regional hostilities.