Business

Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast

Yum Brands reports mixed results but gives no update on Taco Bell cyclospora outbreak

The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.

Meta CEO Mark Zuckerberg Fails to Fill In The Details on an AI Cloud Business

Investors and analysts are still waiting for the Meta CEO to give details of a new AI business

Bank of England holds interest rates at 3.75% as inflation fears mount

Split vote comes as Iran war is rekindled and oil price climbs back above $90 a barrel The Bank of England has kept UK interest rates on hold as fears mount over rising inflation triggered by the Iran war. Against a volatile backdrop in…

To Know What Your Customers Think, Just Ask Their A.I. Twins

Simile, a fast-growing start-up, says it can provide companies with accurate insights by surveying millions of A.I.-generated consumers.

Loeffler's financial disclosure reveals husband’s ties to exclusive Trump Jr.-backed private club

The Executive Branch club, where members include Trump administration officials, investors and business leaders, charges a $500,000 entry fee.

Labcorp Raises Earnings Outlook on Strong Medical Testing Demand

Labcorp Holdings Inc. raised its outlook for the year after reporting second-quarter earnings that topped analyst estimates, citing strength in cancer tests and new genetic screenings.

Nscale to Buy AI Software Startup Anyscale for $1.65 Billion

Cloud provider Nscale agreed to acquire software startup Anyscale to help customers use AI computing power more efficiently.

Ferrari Sees Higher Earnings as Special Models Drive Results

Ferrari NV raised its full-year guidance, as demand for limited-run models like the F80 and a more expensive version of its Purosangue four-seater drove higher second-quarter results.

EU expected to probe Balkan construction material imports over suspected Chinese tariff-dodging

There are growing suspicions that certain open mesh fabrics are being made with Chinese glass fibre already hit by EU anti-dumping and anti-subsidy duties for unfair pricing and state support.

Biggest African Airline Sees Slower Revenue Growth From Iran War

Ethiopian Airlines Group, Africa’s largest carrier, expects the pace of its revenue growth to be cut in half this year because of soaring oil prices triggered by the Iran war.

DOTr eyes partial operations of Common Station by Q1 2028

MANILA, Philippines — The Department of Transportation (DOTr) is eyeing partial operations of the Unified Grand Central Station, or Common Station, by the first quarter of 2028, its Secretary Giovanni Lopez said on Thursday. According to…