Business News

• Chinese state-backed firm disclosed deal for restricted Nvidia Blackwell chips as smuggling scrutiny grows
• EY-Parthenon CEO outlook survey finds confidence fell from 62% to 51%
• Ferguson CEO Kevin Murphy discusses AI buildout and US manufacturing conditions
• Watchdog warns CFPB cuts put financial data at risk and abandoned office kit unaccounted for
• Lyft settles California driver misclassification claims for $272.5 million
• Trump memecoin promoter advertises another dinner for top token investors
• US sanctions Russia's A7 financial network over Iran-linked fund movements
• NTSB says Amazon cargo jet lacked wind data before deadly Miami crash
• Google faces $3.2 billion damage claims over ad-tech monopoly
• Markets face rising yields and AI risks as new quarter begins
• Carney invokes new powers to fast-track Canadian West Coast oil pipeline
• Shopify debuts Canvas, an AI-powered site builder that lets merchants create stores by chatting
• McCormick beats Q3 estimates as sales jump 17% to $2.02B, shares climb
• One year later, Tesla and Musk still don't have a good definition of 'abundance'
• Carlyle warns private credit AI push raises concentration risk
• Accenture beats Q4 estimates with $18.7B revenue as AI adoption spending climbs
• Netflix co-CEO Ted Sarandos says company isn't growing fast enough
• New York City's click-to-cancel rule takes effect, first in US
• TSMC weighs multibillion-dollar Texas campus with multiple fabs contingent on tax credit
• OpenAI president Greg Brockman backs out of second $25M pledge to AI super PAC
• AI trade's Fed-rate-proof case examined in new podcast episode
• Kevin O'Leary's Wonder Valley Utah data center project faces mounting problems
• ECB's Lagarde says Europe must develop its own AI capabilities to avoid vulnerability
• Microsoft stock posts best quarter since 1998, adding $1T in market value
• France unveils deficit plan to narrow budget gap, risking no-confidence vote
• Aselsan shares extend gains after BofA issues buy rating
• Data center and power companies form coalition to counter Texas NIMBY opposition
• Micron expects RAM shortages to tighten through 2028 as AI demand drives record profit
• BMW cuts senior management roles as AI reshapes management
• Tesla sell ratings slide as analysts eye Musk's AI ambitions