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business
60 stories related to this topic, newest first.
forbes.combusiness4 hrs ago
Delaware Proposes AIC Entity Form for AI-Managed Companies
Delaware plans to create a new legal structure called the artificial intelligence company that lets AI agents run day-to-day operations inside a regulatory sandbox. The framework is being developed through a public-private partnership led by Norm Ai. The program includes capitali…
livemint.comworld15 hrs ago
Akzo Nobel Rejects Nippon Paint €7.5 Billion Offer for Decorative Paints Unit
Akzo Nobel turned down a €7.5 billion bid from Nippon Paint Holdings for its decorative paints business. The Dutch company said the offer undervalues the unit and reaffirmed its planned merger with Axalta Coating Systems.
world17 hrs ago
AMCHAM Launches K-Doorknock Program for Korean Firms in U.S.
The American Chamber of Commerce in Korea announced a new initiative Monday to help Korean companies expand operations and investments in the United States. The four-day program in Washington, D.C., includes meetings with U.S. officials and lawmakers.
themarketherald.com.aubusiness23 hrs ago
Genesis Minerals’ Rival Bid Displaces Regis Resources Deal for Vault Minerals
Regis Resources will not match a US$3.9 billion offer for Vault Minerals from Genesis Minerals. Vault plans to end its scheme with Regis and sign with Genesis, triggering a A$50.7 million break fee.
news.sky.comai1 day ago
Starbucks Develops In-House AI Tools to Replace Microsoft and IBM Systems
Starbucks is building AI-assisted replacements for a Microsoft inventory system and an IBM maintenance platform. The company spends about $400 million annually on software. Some tools could launch by the end of next year.
news.sky.comai1 day ago
Goldman Sachs sets 1,880 Hong Kong dollar target on Zhipu with neutral rating
The bank initiated coverage Friday on the Hong Kong-listed AI company with a neutral rating. Zhipu is the only publicly traded name among Goldman Sachs' three preferred Chinese artificial intelligence models.
benzinga.combusiness1 day ago
Lume Cannabis Reports $190 Million Revenue and $10 Million Tax Bill in 2025
David Morrow cofounded Lume in 2019 after selling Warrior Sports. The company runs a 225,000-square-foot facility in Evart and 40 dispensaries statewide.
thewrap.comtechnology2 days ago
Oregon Attorney General withdraws request to delay Paramount Warner Bros. Discovery merger
Oregon Attorney General Dan Rayfield dropped a civil investigative demand seeking documents from Paramount about its planned takeover of Warner Bros. Discovery. The office also withdrew a motion asking a state court to postpone the deal's closing by 60 days.
zerohedge.comai9 hrs agoUpdated
Apple Sues OpenAI Alleging Trade-Secret Theft by Two Former Employees
Apple sued OpenAI and two former employees on July 10 in federal court in California. The complaint claims misappropriation of confidential engineering data and product details.
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yna.co.krfinance3 days ago
SK Hynix Raises $26.5 Billion in Wall Street Debut
The South Korean chipmaker opened at $170 per share and raised $26.5 billion, surpassing Alibaba's record as the largest debut of a foreign company. The listing occurred amid increased demand for memory chips used in AI data centers.
foxnews.compolitics3 days ago
Microsoft to Cut 4,800 Jobs, Including 1,600 in Xbox Division
The company was approved for 2,273 H-1B visas this year. Xbox CEO cited low margins in a memo to staff.
nrn.comworld3 days ago
Dairy Queen Franchisees Close 46 Locations Since Early 2025, Most Tied to One Texas Operator
At least 46 Dairy Queen restaurants have closed across the United States since early 2025. Recent shutdowns eliminated all but one location in Alaska and one longtime site in Montana.
digitalsynopsis.comai3 days ago
Uber Exhausts 2026 AI Coding Budget in Four Months as Token Prices Fall and Usage Rises
Microsoft has begun withdrawing internal Claude Code licenses. The share of practitioners managing AI spend rose to 98 percent from 31 percent two years ago.
Semafortechnology2 days agoUpdated
SK Hynix Raises $26.5 Billion in U.S. Offering, Shares Rise 14 Percent on Nasdaq Debut
South Korean chipmaker SK Hynix completed a $26.5 billion share sale on the New York market. The offering marked the largest first-time public raise by any foreign company in the United States. It occurred on July 8-9 and drew more than seven times the available shares in demand.
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news.sky.combusiness3 days ago
Canal+ Completes Takeover of MultiChoice, Making It a Full Subsidiary
French media company Canal+ finalized its purchase of African pay-TV operator MultiChoice on July 10, 2026. The deal, first announced in 2023, values the target at roughly $3 billion and follows regulatory approvals in South Africa.
Abctechnology3 days ago
UN Secretary General Calls for Ban on AI-Powered Weapons
The UN Secretary General called for a ban on AI-powered weapons. The statement came during a podcast discussion that also covered layoffs at Microsoft and Xbox and a shift away from physical game discs by several publishers.
forbes.comfinance3 days ago
Tech and media executives gather in Sun Valley for annual Allen & Co. conference
Hundreds of private jets have arrived at Sun Valley, Idaho, for the Allen & Co. conference that began Tuesday. The invite-only event draws leaders from technology and media companies for off-the-record discussions.
ndtv.combusiness3 days ago
Jersey Mike’s Files for IPO Valued at $12 Billion
The sandwich chain submitted its Form S-1 last week to list on the New York Stock Exchange under ticker JMKE. The filing discloses revenue growth, executive pay, and related-party transactions tied to a 2024 Blackstone acquisition.
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investopedia.comworld3 days ago
Alibaba and U.S. Payment Processor Failed for Eight Years to Block Dangerous Drug Sales
CBS News reported that a probe found Alibaba and its U.S. payment processor allowed sales of dangerous drugs, chemicals and pill presses to American buyers despite employee warnings. Public records show compliance failures persisted over eight years.
supermarketnews.comai4 days ago
Musk Says Anthropic Leads AI After U.S. Lifts Export Controls on Mythos and Fable
Elon Musk stated on X that Anthropic is currently the leader in AI. The comments followed releases of advanced models by Anthropic and OpenAI, along with regulatory reviews by the Trump administration.
forbes.comworld4 days ago
Xbox to Cut 3,200 Jobs and Spin Off Four Studios After Revenue Decline
Microsoft's Xbox unit will reduce its workforce by 20 percent through immediate and phased layoffs. The changes follow revenue declines and include a shift to centralized operations under new leadership.
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japantimes.co.jpworld4 days ago
Zentoshin Files for Bankruptcy with ¥115 Billion in Creditor Claims
Osaka payments firm Zentoshin filed for bankruptcy this week after years of suspected falsified statements. Regional banks and lenders hold the bulk of ¥115.16 billion in claims.
The Independentfinance4 days ago
Capita reports up to £40 million pension contract shortfall
The outsourcing firm said contract problems on the Civil Service pension scheme will reduce 2026 underlying operating profits by £25 million to £40 million. Shares fell 18 percent after the update.
world4 days ago
Telstra outage disrupts businesses and transport across Australia
A nationwide Telstra network outage on Wednesday interrupted mobile service for hours. Small businesses reported lost sales and missed client contact. An RMIT associate professor estimated the economic cost could reach hundreds of millions of dollars.
Yonhapworld4 days ago
South Korea, Andhra Pradesh Officials Meet in Seoul on Business Ties
Deputy Foreign Minister Chung Eui-hae met Andhra Pradesh minister Nara Lokesh in Seoul on July 9 to discuss cooperation and support for Korean companies in the state. Lokesh is visiting through July 11 under a Seoul exchange program.
telecompaper.comfinance5 days ago
Amazon Completes $25 Billion Bond Sale, Raising 2026 Debt Total to $92 Billion
The July 7 offering drew orders at 2.5 times the amount offered, the weakest demand for a hyperscaler since Meta's October 2025 sale. Proceeds will support Amazon Web Services expansion.
news.sky.comsports5 days ago
Sheffield United’s New Owners Face Winding-Up Petition from Former Owners Over £35 Million Claim
United World has petitioned the High Court to wind up COH Sports Bidco Limited, the company that owns Sheffield United. The former owners claim they are owed more than £35 million including interest after the December 2024 takeover.
Yonhapworld5 days ago
South Korean Banks Offer Emergency Loans to Homeplus Suppliers After Court Ends Rehabilitation
Major commercial banks on July 8 offered low-interest loans and rate discounts to suppliers of Homeplus Co. The measures follow the Seoul Bankruptcy Court's decision last week to terminate the retailer's rehabilitation proceedings.
science5 days ago
Jindal Steel and M Resources Bid for Whyalla Steelworks as Minister Weighs Two Offers
Abc reported that Jindal Steel is competing with M Resources to acquire the Whyalla steelworks. The South Australian government stated it will assess bids on their merits despite a court summons for Jindal's chair. A decision is expected later this year.
livemint.combusiness6 days ago
Executives Arrive in Sun Valley for Annual Allen & Co. Conference
The annual Allen & Co. gathering in Sun Valley, Idaho, draws media and tech executives this week. Business Insider reported arrivals by leaders from Warner Bros. Discovery, OpenAI, Netflix and other firms. The event runs through the week at the mountain resort.
nypost.combusiness6 days ago
Coty to Return Gucci Beauty License to Kering Ahead of Schedule
Coty agreed to transfer the Gucci Beauty license back to Kering in a $400 million deal. The company will operate the license through June 2027 and receive staged cash payments plus possible performance incentives.
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cnbc.compolitics6 days ago
President Trump praises Dell during market opening, shares rise 4.4%
President Trump publicly endorsed Dell during a July 6 stock market event. Dell shares rose the same day. A former ethics lawyer said such endorsements violate federal standards.
zerohedge.comworld6 days ago
Amazon Plans at Least $25 Billion Bond Sale on July 7
Amazon will issue new bonds to fund AI infrastructure costs. The move follows Alphabet's large equity offering and comes as other tech firms adjust financing for data centers.
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theverge.comtechnology6 days ago
Tesla recycled over 14,000 metric tons of battery material in 2025
@SawyerMerritt reported that Tesla processed more than 14,000 metric tons of battery material last year. The volume equals 46,000 long-range packs and rose 20 percent from 2024.
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themarketherald.com.aufinance6 days ago
Drinks Company Faces High Court Copyright Claim Over Glamping Cabin Image
Britvic admitted using a 2017 photograph of a Northamptonshire cabin to promote a competition. The cabin owners seek around £6,500 in lost profits and licensing fees. A hearing has not yet been scheduled.
Yonhapworld6 days ago
Naver Launches Npay Startup Platform to Link Investors with Ventures
Naver Corp. introduced Npay Startup on July 7 to connect brokerages and venture capital firms with local startups. The project was developed jointly with South Korean regulators and the Ministry of SMEs and Startups.
Forbesbusiness6 days ago
TEN Co-Founds ILLIMNT Creative Company Launched July 7 2026
Global artist TEN co-founded ILLIMNT, a new artist-centric label and creative hub. The company launched on July 7 2026 and will manage projects across music, fashion, visual arts and brand partnerships.
forbes.comworld6 days ago
Suntory to Acquire Daiichi Sankyo Healthcare for 246.5 Billion Yen
Suntory has started buying Daiichi Sankyo Healthcare for ¥246.5 billion. The Japanese beverage company will take full ownership in about three years to expand into over-the-counter drugs and self-care products.
marketwatch.comworld7 days ago
Ayrloom Cannabis Brand Leads New York Sales After Converting Apple Orchard Land
Ayrloom, launched in 2023 on a 1,000-acre New York apple farm, captured about 5% of the state's cannabis market by units sold in 2025. The brand generated $38 million in revenue that year, surpassing the farm's $35 million from hard cider.
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cnbc.comtechnology7 days ago
Rivian Plans 75 Million Share Sale That Would Dilute Shareholders by About 5 Percent
Rivian announced a public offering of 75 million shares of common stock valued at about $1.5 billion. The sale would dilute existing shareholders by about 5 percent, with an option for underwriters to buy more shares.
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finance7 days ago
George E. Johnson Sr., Founder of Hair-Care Company Johnson Products, Dies at 99
George E. Johnson Sr. died Monday at his home in downtown Chicago at age 99. He founded Johnson Products in 1954, which grew into a multimillion-dollar business and became the first Black-owned company listed on the American Stock Exchange.
eonline.comfinance7 days ago
Black-Owned Hair-Care Company Listed on Major U.S. Stock Exchange
A company founded to produce hair-care products for Black consumers became the first Black-owned firm listed on a major American stock exchange. The firm also sponsored the television program Soul Train for many years.
dailywire.combusiness7 days ago
US Judge Keeps Twitter Investor Fraud Verdict Against Musk Intact for Now
@AJEnglish reported that a US federal judge rejected Elon Musk's attempt to overturn a jury verdict finding he defrauded Twitter investors. The verdict centered on efforts to lower the company's stock price after a $44 billion takeover agreement.
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abcnews.go.comfinance7 days ago
President Trump Endorses Company at Account Launch Event
President Trump endorsed a company during the launch of the Trump Account. The endorsement prompted an immediate rise in the company's stock price.
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chicago.suntimes.compolitics7 days ago
Egg Producers Settle Price-Fixing Lawsuit With $3.3 Million Payment and 53 Million Egg Donations, Admit No Wrongdoing
Cal-Maine Foods, Hickman’s Egg Ranch and Versova Holdings reached settlements last week with the Department of Justice and 17 states. The agreements include payments and donations but no admission of wrongdoing.
ai7 days ago
Anthropic Signs 20-Year Lease for Kentucky Data Center at Former Smelter Site
Anthropic signed a 20-year lease with TeraWulf for a purpose-built AI infrastructure campus at a former smelter site in Hawesville, Kentucky. The deal is expected to generate about $19 billion in revenue and support 400 megawatts of computing capacity.
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news.google.comfinance7 days ago
U.S. Services Sector Activity Holds Steady in June
The ISM services PMI remained at 54 in June, matching forecasts and showing continued expansion though at a slightly slower pace than May. The reading points to steady demand across non-manufacturing industries.
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winnipegfreepress.comworld7 days ago
Dangote and Tanzania Agree to Hold Formal Talks on Port, Power and Road Investments
Africa’s richest man held talks with Tanzania’s president last week on expanding his cement, fertilizer and energy businesses. Formal negotiations for a deal are scheduled soon.
news.sky.compolitics7 days ago
Aberdeen Engineering Firm Enters Administration, Laying Off All 53 Staff
Glacier Energy Manufacturing Limited has entered administration after a decline in North Sea activity. The move made all employees redundant at its English sites. GB News reported the parent company's statement on market conditions.
business7 days ago
Business groups urge 2.4 percent national living wage rise next year while Low Pay Commission projects up to 5 percent by 2027
Two major British business groups cautioned that further above-inflation increases to the national living wage could harm employment and push up prices. The CBI and BCC cited recent cost pressures already forcing firms to cut staff and delay investment. They called for a smaller…
swarajyamag.comtechnology7 days ago
Deep-tech exits topped Israeli high-tech deals in first half of 2026 as software and fintech exits stayed small
Haaretz reported a shift in Israeli high-tech exits during the first half of 2026. Deep-tech firms in robotics, hardware, defense-tech, chips and medical devices accounted for the largest deals. Prior years had been led by software, fintech, cybersecurity and SaaS companies.
matcha-jp.comworld7 days ago
Japanese Brewers Expand Nonalcoholic and Low-Alcohol Drink Lines
Major Japanese brewers are adding more nonalcoholic and low-alcohol options as younger consumers reduce drinking. A 2024 health ministry survey found 37.2 percent of people in their 20s do not drink alcohol.
japantimes.co.jpworld7 days ago
Opanchu Usagi Pink Rabbit Character Gains Popularity Among Generation Z
Opanchu Usagi, created in 2022 by Kawaisouni!, has become a major hit especially among Generation Z. Japan is betting on character intellectual property to drive global growth.
news.google.comworld7 days ago
Nigeria Private Sector Grows in June but Manufacturing Output Falls
The Stanbic IBTC PMI for June 2026 showed continued growth in Nigeria's private sector, with business activity rising for the fifth straight month even as manufacturing output fell. Employment increased for the 13th consecutive month while input costs rose at a substantial pace.
yna.co.krfinance8 days ago
SK Hynix Shares to List on Nasdaq With Trading Starting July 10
South Korean chipmaker SK Hynix will list shares on the Nasdaq exchange. Trading begins July 10 in an offering expected to raise about $29 billion.
benzinga.comtechnology8 days ago
Uber pauses five of seven planned European market launches
Uber has placed five of its seven announced 2026 European country launches on hold. The company cited focus on recent entries in Finland and Denmark.
The Independentbusiness8 days ago
Evri Sues BBC for £1.2 Million Over December 2025 Documentary
The parcel delivery company Evri filed a defamation claim against the BBC seeking £1.2 million in damages. Court documents state the company lost prospective contracts after a Panorama broadcast examined courier pay practices.
realitytea.compolitics8 days ago
Trump businesses report more than $2 billion in revenue during first year of second term
Financial disclosures show revenue from hotels, golf courses, cryptocurrency, watches, cologne and Bibles. The report covers the period from January 2025 through early 2026.
technology8 days ago
Bending Spoons Lists on Nasdaq at $25 Billion Market Cap
The Milan-based company completed its public listing this week. Its market capitalization reached above $25 billion before settling at roughly double its prior $11 billion private valuation.
business8 days ago
SK Hynix to Sell Up to 2.5 Percent of Shares via $29 Billion U.S. ADR Offering
SK Hynix will begin book building July 6 for an American depositary receipt offering valued at $29 billion. Shares are set to debut on Nasdaq on July 10.