Boeing Posts Bigger Q2 Loss Despite Positive Cash Flow
Boeing reported a larger-than-expected loss for the second quarter after taking a $280 million charge tied to its delayed Air Force One replacement program. The company posted a net loss of $428 million, with...
Google Faces Up to $10 Billion in EU Lawsuits
Google is facing a fresh legal challenge in Europe as a series of private lawsuits seeking up to $10 billion in damages gather momentum following its first loss under the European Union’s Digital Markets...
Sports Betting Industry Election Spending Tops $72 Million in U.S. Midterms
The U.S. online sports betting industry has spent at least $72 million on the 2026 midterm elections, making it the third-largest corporate political donor behind the cryptocurrency and technology sectors. Major betting companies including...
Warren Opposes AI Secrecy Push in USMCA Trade Talks
Democratic Senator Elizabeth Warren has urged the Trump administration to reject efforts by major artificial intelligence companies to weaken transparency requirements in the U.S.-Mexico-Canada Agreement (USMCA). In a letter to U.S. Trade Representative Jamieson...
Spain’s Public Works Projects Stall as Rising Costs Keep Builders Away
Spain is witnessing a sharp rise in unawarded public works tenders as construction companies pull back from bidding amid escalating costs and uncertainty linked to the Middle East conflict. According to the country’s main...
Lazard Q2 Profit Plunges 91% as Advisory Revenue Weakens
Investment bank Lazard reported a sharp 91% decline in second-quarter profit, as a significantly higher tax rate and weaker performance in its financial advisory business weighed on earnings. Net income dropped to $5 million,...
DOJ Seeks to Enforce Subpoenas Against New York Times Reporters
The U.S. Justice Department is asking a Manhattan federal judge to uphold subpoenas issued to two New York Times journalists who reported on security concerns surrounding President Donald Trump’s use of a Qatar-donated Air...
Domino’s Faces Wage Underpayment Ruling
Domino’s Pizza Enterprises is considering an appeal after Australia’s Federal Court ruled that the company made misleading representations regarding the application of certain enterprise agreements covering its workers. The case was brought by a...
EU Challenges JD.com’s Ceconomy Takeover Over Foreign Subsidy Concerns
The European Commission on Wednesday issued a formal statement of objections to Chinese e-commerce giant JD.com regarding its proposed acquisition of German electronics retailer Ceconomy, intensifying its investigation into the deal under the EU’s...
U.S. Launches $5 Billion AI Initiative to Accelerate Scientific Research
The Trump administration has announced a $5 billion initiative to tackle long-standing scientific challenges using artificial intelligence across multiple fields. The program will involve 15 federal agencies, including the Departments of Health and Human...