Business

U.S. Treasury Secretary Scott Bessent has shared positive news about ongoing trade negotiations, suggesting that several important deals could be completed by Labor Day, which falls on September 1. He mentioned that discussions with 18 major trading partners are moving forward, and a revised agreement with China is expected to speed up the shipment of […] More

Swedish fashion giant H&M recently shared its financial results for the second quarter, showing a small decline in sales compared to last year. The company’s sales between March and May 2025 totaled 56.7 billion Swedish crowns (around $5.99 billion), which was slightly lower than the 59.6 billion crowns it made during the same period in […] More

oeing has brought in a new leader for its Air Force One program, choosing Steve Sullivan, a former executive from Northrop Grumman, to take charge. According to sources familiar with the matter, Sullivan will replace Gregg Coffey, who is moving to a different position within the company. Sullivan has a strong background in managing important […] More

The president of a major US labor union has strongly urged Congress to reject a new proposal that would stop states from making their own laws about artificial intelligence (AI) for the next ten years. Sean O’Brien, the leader of the International Brotherhood of Teamsters, which represents over 1.3 million workers, called the plan “a […] More

The world of finance is buzzing with talks about possible interest rate cuts by the US Federal Reserve. With oil prices calming down after recent tensions in the Middle East, investors are now focusing more on the US economy and what the Fed might do next. The speculation about a rate cut has grown stronger, […] More

The United States stock exchanges and the Securities and Exchange Commission (SEC) are having private talks about making rules simpler for companies that want to go public. The goal is to encourage more businesses, especially startups with high value, to list on stock markets like Nasdaq and the New York Stock Exchange (NYSE). Right now, […] More

The U.K. government is thinking about making changes to how Google displays search results. The goal is to ensure that businesses get fair treatment in rankings and that users have more options when searching online. This could be the first time new rules are used to control big tech companies like Google, which is owned […] More

Ford Motor Company has announced a major recall affecting more than 130,000 Lincoln Aviator SUVs in the United States. The recall comes after safety officials discovered that certain parts of the vehicle, including the rear door window bars, might come loose while driving. This issue could create a dangerous situation for both the driver and […] More

Tesla has taken a big step toward the future by finally launching its much-anticipated robotaxi service in Austin, Texas. This new service, which allows cars to drive themselves without any human behind the wheel, has already begun carrying passengers. On Sunday, a small number of these special vehicles started driving people around parts of Austin. […] More

The Bank of New York Mellon, one of the largest investment banking companies in the United States, recently reached out to Northern Trust, a smaller competitor, to discuss the possibility of merging. According to a report by the Wall Street Journal, the two banks had at least one conversation about a potential deal, though no […] More