Companies
Earnings, results, corporate strategy and the balance sheets of the biggest listed companies in the world.
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Cooluli is recalling 250,000 minifridges after reports of fires and burning
The electrical switch in certain 10-liter and 15-liter models can short circuit; the company has received at least 19 incident rep…
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AI Building Boom Needs $2 Trillion In Debt—And Wall Street May Not Cover Half, Analyst Says
The world’s largest companies have pledged hundreds of billions of dollars to match growing demand for AI.
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Nintendo stock surged after Pokémon Pokopia topped 5 million Switch 2 sales
The life-simulation game crossed the milestone just over four months after its March launch, making it the second-best-selling Swi…
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Oreo is letting fans vote on which of three new limited-edition flavors comes back in 2027
Banana Pudding, Deep Fried, and Chicken & Waffles cookies hit stores Aug. 24, with voting open through Oct. 12
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China's top chip foundry is raising prices as AI demand pushes it past $3 billion in revenue
SMIC's second-quarter revenue hit $3 billion for the first time, rising 36% from a year earlier, as the company raised wafer price…
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Data breach notices are surging past last year's record as AI-powered attacks rise
More than 471 million victim notices were issued in the first half of 2026, compared with 297.5 million for all of last year
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U.S. national debt is closing in on $40 trillion — and Bank of America says avoid bonds
Bank of America's Michael Hartnett predicts the debt will reach $50 trillion by July 2029, reinforcing his "Anything But Bonds" st…
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Allstate's CEO is urging companies to get on board with quantum computing
Tom Wilson says businesses that wait risk repeating the mistake many made with generative AI — being caught unprepared when the te…
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US retail sales unexpectedly drop in July
Total retail and food services sales came in at $763.6 billion, down from $768.1 billion in June but up 5% from a year earlier
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Morgan Wallen And Ella Langley Keep Trading Places At No. 1
Morgan Wallen and Ella Langley have now traded places at No. 1 on Billboard's Streaming Songs chart for three weeks now, with "Cho…
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OpenAI replaced its chief revenue officer after less than a year as executive departures pile up
Dali Rajic, who served as president and COO of Wiz before its $32 billion acquisition by Google, will lead OpenAI's global revenue…
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Uber and Pony.ai are planning to deploy more than 2,000 robotaxis across Europe
The companies will expand their existing Zagreb service to four additional European cities, with Middle East deployment also plann…
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White House says China is dodging billions in U.S. tariffs by rerouting goods through 40 countries
A report led by trade adviser Peter Navarro estimates the U.S. loses up to $26 billion annually in tariff revenue to illegal trans…
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Applied Materials posted record revenue and raised its chip equipment outlook on AI demand
The semiconductor equipment maker posted $9.12 billion in third-quarter revenue and guided for up to $10.75 billion in the current…
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Wall Street set for third straight winning week after record high
The S&P 500 closed at an all-time high for the 27th time this year on Thursday, with retail sales data due before the open
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Cleveland Fed president is urging an immediate rate hike to rein in inflation
Beth Hammack, one of three dissenters at the Fed's July meeting, says inflation must return to 2% faster than the current path all…
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Reddit stock surges after being named to the S&P 500 for the first time
Reddit will join the benchmark index on Aug. 18, replacing AvalonBay Communities, becoming only the second pureplay social media c…
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White House Slaps Tariffs On Imported Drones—Shares Of Trump Jr.-Linked Drone Maker Soar
The White House’s sweeping tariffs on imported drones appear to primarily target popular drones made by Chinese dronemakers such a…
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California clears the way for Charter's $34.5 billion takeover of Cox Communications
The California Public Utilities Commission voted unanimously Thursday to approve the deal, the last regulatory barrier before clos…
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If Iran Wins The Strait Of Hormuz, The US Economy Stays Steady
Iran's Hormuz tolls redirect Gulf oil revenue to Tehran but leave world oil prices — and the US economic forecast — steady
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OpenAI's annualized revenue has doubled to top $40 billion ahead of its IPO
The ChatGPT maker's run rate has roughly doubled since the end of 2025, driven by AI coding tools, subscriptions, and advertising
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Gas And Diesel Prices On Track For Their Most Expensive August Ever
Gas and Diesel prices are at record highs for the month of August, and relief is not expected anytime soon as global refining capa…
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From ABC To Abu Dhabi, Bob Iger Changed Disney Forever
It’s no question that former Disney CEO Bob Iger changed the company forever during his half-century of service with the Mouse.
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The 5 worst-performing vacuums, according to Consumer Reports
Some vacuums scatter debris or struggle on carpet despite decent reviews. Consumer Reports found better alternatives across 5 cate…