Business news

Business news • Aug 10

2027 Volkswagen Atlas Cross Sport Debuts With More Power, A Much Fancier Interior

Volkswagen has given its new Atlas SUV a sleek overhaul (as expected). The automaker revealed the all-new 2027 Atlas Cross Sport, with a completely...

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Business news • Aug 10

Intel plans $15 billion stock offering as AI demand accelerates

Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.

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Business news • Aug 10

Barrick, Newmont settle dispute with $1.95B deal

Nevada settlement clears a hurdle for Barrick's North American IPO as rising costs and leadership scrutiny weigh on the miner.

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Business news • Aug 10

Intel to Offer $15 Billion of Common Stock

The chip maker cited strong customer demand driven by unprecedented investment in AI compute.

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Business news • Aug 10

Meta to open source its most powerful AI model as it takes swipe at OpenAI, Anthropic

Meta launched Muse Glimmer and plans to release Muse Spark 1.2 weights as Zuckerberg pushes for U.S. leadership in open AI.

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Business news • Aug 10

Yen sinks as effect of US-Japan intervention fades

Currency gives up roughly half its gains from joint action with investors citing lack of 'unified voice' among central banks.

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Business news • Aug 10

Teledyne to Acquire Varex Imaging Corporation

Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) and Varex Imaging Corporation (NASDAQ:VREX) (“Varex”) jointly announced today that they have...

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Business news • Aug 10

Elon Musk reveals plans for world's largest building

Elon Musk's companies SpaceX and Tesla have announced plans to collaborate on a chip-building factory in Texas named Terafab.

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Business news • Aug 10

Fairport is New York's 'hottest' housing market, report finds

Fairport is New York's hottest housing market, and one of the top ZIP codes for homes sales in the nation, according to Realtor.com.

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Business news • Aug 10

AI Is Making These Jobs ‘Irreplaceable’ Even As Hiring Rates Plunge 24%

AI isn't wiping out jobs and bulldozing entire departments. New research shows AI is reorganizing the workforce and making some roles irreplaceable.

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Business news • Aug 10

JPMorgan Strategists Raise S&P 500 Target as AI Capex Pays Off

(Bloomberg) -- JPMorgan Chase & Co. strategists raised their S&P 500 Index forecast for a second time in two months, citing strong corporate earnings and...

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Business news • Aug 10

FOMO fuels Wall Street's breakout rally as traders pile in

NEW YORK, Aug 10 (Reuters) - Fear of missing out is driving a buying rush on Wall Street, with options market ​metrics flashing some of the most bullish...

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Business news • Aug 10

Berkshire Hathaway Earnings: Cash Balances Retreat on Increased Investments and Share Buybacks in Q2

We expect to slightly increase our fair value estimate for Berkshire stock.

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Business news • Aug 10

MAIRE, a Tecnimont ADNOC Gas project worth $4.3bn in Abu Dhabi

MAIRE Spa provided new details on the Rich Gas Development - Phase 3 project awarded to Tecnimont, part of the Integrated Engineering & Construction...

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Business news • Aug 10

Iran issues new demands; Berkshire Hathaway results - what’s moving markets

Investing.com - Futures linked to the benchmark S&P 500 and tech-heavy Nasdaq 100 both point up. Hopes for an imminent deal to end the Iran war were further...

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Business news • Aug 10

ADNOC Gas Unveils $8.2 Billion Expansion Push

ADNOC Gas is investing another $8.2 billion in its Rich Gas Development program as it targets 60% EBITDA growth by 2030.

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Business news • Aug 10

U.A.E.’s Adnoc Gas to Invest More Than $8 Billion in Expansion Push

Plan to boost production comes after​ U.A.E.'s exit from OPEC​, freeing ​t​he state-owned Adnoc ​from the cartel's restrictions.

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Business news • Aug 10

S&P 500 futures slip as traders watch for Strait of Hormuz deal, inflation data: Live updates

The three major indexes are coming off their best weeks since April, and the S&P 500 finished Friday at an all-time closing high.

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Business news • Aug 10

Adnoc Gas Exploring New LNG Export Plant to Avoid Hormuz Strait

Adnoc Gas Plc is considering a new liquefied natural gas export facility outside the contested Strait of Hormuz, Abu Dhabi's latest move to build...

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Business news • Aug 10

13-Story Crown Heights Development Raises Questions Over Housing

Developer Yonah Grunhut filed plans for a 94-unit building at Troy and East New York Avenues, raising concerns over its small apartments and whether they...

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