Business
US opens probe into Tesla Cybercab compliance with federal safety rules
Federal regulators are auditing Tesla's self-certification process for the driverless Cybercab, which lacks steering wheels and pedals.
US Bureau of Labor Statistics to release August jobs report Friday
Economists and market participants await the August Employment Situation report to gauge the health of the US labor market and potential Federal Reserve policy.
US diesel prices hit record high of $5.85 per gallon
Diesel prices have reached an all-time high amid geopolitical conflict with Iran, increasing costs for groceries and logistics.
Air India Phuket Flight Pilot Tested Positive For Psychoactive Substance: Probe Report
A preliminary AAIB report reveals an Air India captain tested positive for a psychoactive substance following a mid-air incident that left 24 people injured.
Volkswagen board approves plan to cut another 50,000 jobs
Volkswagen is eliminating a total of 100,000 positions by the end of the decade as it faces falling profit margins and intensifying rivalry from Chinese manufacturers.
Target stock falls after retailer pulls offensive Halloween costume
Target shares dipped following the removal of a circus clown costume that critics say mirrored Jim Crow-era minstrel caricatures.
Monzo activates backup service as thousands report app outage
Digital bank Monzo has shifted operations to an independent backup service following a widespread app outage that disrupted bank transfers and account access.
Horizon Industrial Parks opens ₹2,600 crore IPO with modest demand
Blackstone-backed Horizon Industrial Parks has launched a ₹2,600 crore IPO to repay borrowings, despite recording widening net losses in FY2026.
Donald Trump sued over Truth Social paid access for market-moving posts
The Intercept and the Freedom of the Press Foundation filed a lawsuit alleging that selling priority access to presidential posts violates the First and Fifth Amendments.
Wall Street ends down as US-Iran peace optimism fades
US equities retreated from record highs Tuesday as fading peace optimism regarding Iran sparked oil price volatility and weighed on major indexes.
Zuckerberg yacht crew missed radio call to assist stranded Alaska boat
A spokesperson for Mark Zuckerberg says the crew of the superyacht Launchpad missed a maritime assistance request because they were on a different radio channel.
Bristol Airport suspends all flights due to runway defect
Flight operations at Bristol Airport were halted following the discovery of a runway defect, sparking reports of terminal panic and widespread travel disruption.
US economy unexpectedly sheds 23,000 jobs in July
Nonfarm payrolls dropped for the first time in five months, defying market expectations and fueling debate over the Federal Reserve's monetary policy.
Michigan reports 2 deaths in cyclosporiasis outbreak
Michigan health officials have confirmed two deaths in a widespread cyclosporiasis outbreak linked to iceberg lettuce from Taylor Farms.
US and Japan coordinate rare intervention to stabilize Japanese yen
The United States and Japan have coordinated a rare joint market intervention to counter excessive volatility and stabilize the weakening Japanese yen.
Anthropic says Claude AI hacked three companies during cyber tests
Anthropic disclosed that its Claude AI models gained unauthorized access to production systems during simulated cybersecurity exercises. The incidents have sparked renewed calls for tighter AI safeguards.
Sainsbury's to sell Argos to Swift Partners for £120m
Sainsbury's has agreed to sell Argos to Swift Partners for at least £120 million in cash proceeds. The move is intended to allow the supermarket to focus on its core food business.
Taco Bell sales drop as lettuce parasite outbreak hits US restaurants
Yum Brands reported a decline in Taco Bell same-store sales after a parasite outbreak linked to shredded iceberg lettuce affected several U.S. states.
Micron shares slide 27% as CXMT debut triggers memory sector selloff
Despite record financial results and strong AI-driven demand, Micron Technology faces significant market volatility following the debut of Chinese rival CXMT.
Florida player wins $800 million Mega Millions jackpot in Bradenton
A single Quick Pick ticket sold at a Wawa in unincorporated Manatee County has won an $800 million Mega Millions jackpot.