The cuts fall hardest on Halo Studios and central management, and bring Xbox three quarters of the way through a planned 3,600-job overhaul. Ninja Theory has entered consultation over a proposed closure after two deals to find a buyer fell through.
The deal commits Paramount to 30 theatrical releases a year, $1.5 billion in extra domestic film spending, and editorial independence protections for CBS News and CNN. New York and Connecticut have signalled the terms don't go far enough, and a federal judge must still approve the settlement.
The proposed rules would restrict only pathogen research and biotechnology with potential weapons uses. Almost half of US licensing deals for foreign drugs in 2025 have involved Chinese companies.
An agreement with 12 state attorneys general clears the main legal obstacle to what would be the largest merger in Hollywood history. No major divestitures are required, though the full terms have not yet been disclosed.
The Food Safety and Standards Authority of India says a follow-up formula sample failed biotin requirements, and that two other products made promotional claims that breach infant nutrition marketing rules. Nestle says all its products comply with regulations and that the labels were approved by the regulator's own expert committee.
The Atlanta-based surveillance company has opened a voluntary buyout programme for its roughly 1,500 employees. Dozens of cities have ended contracts over privacy concerns, and reporting suggests layoffs would be near-certain without the departures.
The US-Iran war has virtually shut the Strait of Hormuz, which once carried a fifth of global oil and gas supplies. Shipowners have responded with more than $20 billion in orders for new supertankers, as refiners in Asia and Europe hunt for crude on much longer Atlantic routes.
An independent review found staff knew about the bank's vulnerabilities by March 2022 but held back, citing a culture in which acting without certainty felt personally risky. The bank collapsed a year later with 31 unresolved safety issues on its books.
A millisecond defect in Nats' squawk code system caused airspace restrictions lasting up to six hours on 8 September. The passenger backlog took more than two days to clear, and the Transport Secretary has ordered a full investigation.
The FCC has approved a plan allowing overseas investors to hold 49.5% of Paramount's non-voting equity ahead of the company's planned merger with Warner Bros. Discovery. Saudi Arabia, the UAE and Qatar account for the bulk of that stake through their sovereign wealth funds.
The first batch of PAC-3 MSE housing components reached Lockheed Martin in August, weeks ahead of a timeline that has traditionally taken months or years. Lockheed is investing up to $9 billion to expand munitions output across more than 20 US sites.
A Kremlin decree has transferred control of Nestlé, Auchan, Lemana Pro and FM Logistic to a state-linked company with no prior business activity. Russia has used the same legal framework to take over local units of Carlsberg, Danone and Fortum.
The Swiss-based sportswear company has signed the World Cup's all-time goal scorer as a global ambassador. The deal includes cash and equity, though its financial terms and duration have not been disclosed.
His son Howard takes the chair, while Greg Abel runs day-to-day operations at the $1.1 trillion conglomerate. Buffett, 96, stays on the board as chairman emeritus.
Chinese hybrid sales in Europe rose thirteenfold in under two years and now account for more than a third of the market. EU trade commissioner Maroš Šefčovič is expected in Beijing in October, when both sides had set a deadline for substantial results.
The $1-an-hour rise for full-time operations staff takes effect Sept. 27. Amazon puts the cost at more than $1.5 billion, ahead of the holiday shopping season.
The plant would make semiconductors for cars, phones and industrial equipment — the first chip investment under a deal that keeps US tariffs on most Japanese goods at 15 percent. None of the $550 billion committed so far has gone to chips or AI, and funding must flow before January 2029 or punitive duties could be restored.
More than 20 products banned under international law were listed on the three platforms as of September 1, most still available after the companies pledged to remove them. Some contained mercury at levels tens of thousands of times above the US legal limit.
The cloud venture, backed by Blackstone and Alphabet, will use the debt to purchase Google's tensor processing units. It ranks among the largest financings ever arranged for AI processors.
The South Korean chipmaker could take over part of Intel's Ohio facility or form a joint venture with cloud firms. Both companies say nothing has been decided, and higher US production costs remain a significant hurdle.
Amazon receives warrants worth up to $340 million in Generac shares as part of a long-term contract to supply backup generators for its data centres. Generac shares jumped more than 40% in after-hours trading after the deal was disclosed.
The Danish drugmaker is rebranding as Novo after a bruising stretch: its shares have lost around 20% over the past year, and Eli Lilly now holds 61% of the US obesity drug market to Novo's 39%. A fuller strategy update is due in London on September 21.
The Nigerian billionaire is offering a 3% public stake in his oil refinery, which supplies more than 70% of Nigeria's energy. Proceeds are earmarked for an expansion that would double its processing capacity.
The AI company's annualised revenue has surged from $9bn at the end of last year to $65bn by July. Investors are forecasting $120bn by year-end.
No shares were sold before the cancellation. Oracle gave no reason for the reversal, and Ellison has said he has no other plans to sell his stake, which amounts to about 40% of the company.
The Reserve Bank of India rejected Tata Sons' bid to escape its financial-company registration, closing the last route the conglomerate had pursued to stay private. The timing, size and structure of any public offering remain unknown.
The federal order follows revelations that OnStar collected speeding habits and location data every three seconds, then sold it to brokers who helped insurers set rates. California secured a separate $12.75 million penalty — the largest yet under its privacy law.
The president drew a clear line: factories on US soil are welcome, imports are not. The remarks came ahead of a planned summit with Xi Jinping, though no policy framework has been agreed.
Overall revenue grew 30% to $19.35 billion, beating analyst forecasts. The surge in AI demand is also piling up costs — capital spending tripled year over year to $28.5 billion, pushing free cash flow to negative $5.4 billion.
The air traffic control provider's flight data processing system failed on Tuesday afternoon, leaving Heathrow, Gatwick and Manchester among the worst hit. The UK government has given Nats one week to explain what went wrong, and calls are growing for its chief executive to resign.
Canada has fired back with tariffs of up to 50% on around $20 billion worth of American goods, covering steel, aluminum and dairy products. The dispute cuts awkwardly against Bombardier's own argument: its planes are built with American engines, wings and parts from 2,800 US suppliers across 47 states.
The ban takes effect on 29 September and follows 50% US tariffs imposed last month on around $20bn of Canadian goods. Canada hit back overnight with dollar-for-dollar duties on US steel, clothing and furniture — and no new talks are scheduled.
The demand came hours before Canada was due to hit $20bn worth of American goods with retaliatory tariffs. It is unclear how any sales ban could be enforced, given existing trade agreements and FAA approvals already in place.
The factory in Lower Saxony is set to be taken over by the German state government and Israeli investor Aurelius Capital. It is expected to start making equipment for Rafael Advanced Defence Systems, the company behind the Iron Dome, from mid-2027.
The Securities and Exchange Commission filed a federal lawsuit after ISS refused to comply with a subpoena issued in July. The records sought include internal methodologies, recommendation communications and client-level voting data going back four years.
Public-sector employment fell for a third straight month, and wage growth slowed to its weakest pace since 2017. The figures arrive as US tariffs bite and Canada's share of exports bound for America continues to shrink.
Golden Global Bank and two subsidiaries stand accused of helping Iran's Islamic Revolutionary Guard Corps move oil revenues from China into cash and gold in Turkiye. Foreign banks that do significant business with the targets could also lose access to the US financial system.
Arte Moreno, who bought the club in 2003, will keep a minority share after the deal closes. It adds an MLB team to a Kroenke portfolio that already includes the LA Rams, Denver Nuggets and Arsenal.
Private employers added just 38,000 jobs, below the 47,000 forecast and the weakest reading since January. Wages held up, with gross pay rising 4.7% year over year.
Cook moves to executive chairman after 15 years leading Apple, during which the company grew to a $4 trillion valuation. Ternus's first major product launch is set for 9 September in Cupertino.
Cook leaves a company worth $4.75 trillion and becomes executive chairman. Hardware chief Ternus, who has spent 25 years at Apple, takes the top job on 1 September.
The US Treasury Secretary held up the Trump administration's deregulation record — 129 rules scrapped for every one added — as a model for the world. The meetings are shadowed by US tariffs on allies, a breakdown in Canada trade talks, and an ongoing US-Iran conflict pushing up gas prices at home.
Second-quarter net profit rose 30%, ending four straight quarters of decline. But the result missed analyst expectations, and shares fell as concerns over weak domestic demand resurfaced.
The regulator claims Amazon misled the businesses that buy placements on its advertising platform about how its pricing and auction systems actually work. Key details of the complaint, including the scale of the alleged harm and the remedies sought, have not yet been made public.
Cook leaves a company worth $4 trillion and moves to executive chairman, focusing on government relations in the US and China. Ternus, who led development of the iPhone and Vision Pro, takes the chief executive role on 1 September 2026.
Investment and manufacturing drove the outperformance, putting growth 70 basis points above what economists expected. But the slowdown from 8.6% in the prior quarter is raising questions about whether the expansion is beginning to moderate.
The London-headquartered broker would pay roughly 5.7 times USI's annual revenue of $3 billion. It is Aon's second major mid-market acquisition in little over a year, following its $13 billion purchase of NFP in 2024.
The semiconductor company has built its data centre identity around custom chip partnerships with Google, but shareholders say they have no clear picture of what those deals are worth or when they will pay off. The share price is falling as a result.
Canada supplies 99% of American natural gas imports and 60% of its crude, giving Ottawa enormous theoretical leverage. But Alberta Premier Danielle Smith warns that cutting the taps could cost half a million Canadian jobs and hand US refineries to Venezuela — permanently.
A string of contracts awarded between July and August 2026 aims to triple Patriot output and quadruple THAAD production. The US is also racing to field a sub-$750,000 interceptor — about a fifth the price of the missiles it is running short of.
A signing could come within days, with Energy Secretary Chris Wright planning a trip to Caracas. The deal would more than double US oil reserves and is the most ambitious step yet in a policy that began with the capture of Nicolás Maduro in January 2026.
The Iran-US war has shut the Strait of Hormuz and sent oil prices surging, leaving Kenya facing two months of double-digit fuel price rises. Four people have been killed in street protests, and the central bank has frozen a year-long run of interest rate cuts.
HP Inc. beat analyst estimates by a wide margin, with revenue hitting $15.7 billion — but a 16% plunge in PC unit shipments spooked investors. The company is selling pricier machines to fewer buyers, and Wall Street isn't sure the trend holds.
Premier Danielle Smith has ruled out energy as a retaliatory tool, saying counter-tariffs on oil and gas would be 'disastrous.' Critics point out that Alberta's exports are largely exempt from US tariffs — while Ontario, Quebec and BC are bearing the brunt.
Premier Susan Holt has launched a five-month public consultation on whether to lift the moratorium on hydraulic fracturing, in place since 2014. A decision is expected in January 2027, though Holt was careful to say the review is
The FTC and five states settled antitrust claims against both property platforms on the morning their trial was due to begin. Redfin must now rebuild the rental advertising business it shut down — and rehire the staff it let go.
The new levy would sit on top of the 12.5% forced-labour tariff already applied to Chinese imports. Officials say the rate is deliberately modest, designed to avoid derailing a planned Trump-Xi summit expected in late September.
The tariffs cover roughly $20 billion worth of Canadian goods, including dairy, wine and cement. Canada has promised dollar-for-dollar counter-tariffs on American steel, appliances and farm equipment, set to kick in on September 8.
Oil prices could hit $100 to $150 a barrel if the Strait of Hormuz stays closed, and Nigeria's Atlantic supply routes leave it well placed to benefit. But the country has squandered oil windfalls before, and the structural problems that eroded past booms have not gone away.
Trade talks collapsed Friday after a brief three-day pause raised hopes of a deal. Canada's retaliatory tariffs, targeting steel, dairy and electronics, are set to kick in on September 8.
The government says a newly discovered field in Fars province holds more than 7.5 trillion cubic feet of natural gas. Any production is years away, and strikes on energy infrastructure since February have left Iran warning of shortages this winter.
What began with a Truth Social post in November 2024 has become a prolonged tariff conflict, with 50% duties now hitting $20 billion worth of Canadian goods. As of late August 2026, there is no sign of resolution.
The duties, covering everything from dairy and lumber to hockey equipment, hit up to $28 billion of Canadian exports. Prime Minister Carney has announced matching retaliatory tariffs on American goods, set to take effect September 8.
Prime Minister Mark Carney suspended negotiations and pledged to match new US tariffs after overnight talks broke down on August 22, with up to $28 billion in Canadian exports facing a 50% levy. A Conservative MP publicly called the response an overreaction — and US Vice-President JD Vance praised him for it.
More than $50 billion has already been sunk into the project, leaving half-built structures in the desert. The Line, a 170km city that was Neom's centrepiece, has reportedly been halted until after 2030.
Comparable sales rose just 2.6% in the latest quarter, missing analyst forecasts by a wide margin. Separately, the retailer confirmed it has received $2.9 billion in tariff refunds from the US government and is channelling the money into price cuts, with rollback items on shelves jumping from 7,200 to more than 11,000.
The White House announced a three-day pause on 50% tariffs just two hours before they were due to hit roughly $20 billion in Canadian goods. But Trump's claim that the long-cancelled pipeline could be revived as part of any agreement left analysts and officials on both sides baffled — and neither government confirmed it.
Trump paused threatened 50% tariffs on $28 billion worth of Canadian goods, giving negotiators until 12:01 a.m. ET Saturday to turn the framework into a signed agreement. The exact terms — including any changes to steel, dairy and alcohol trade — have not been made public.
The two sides are meeting daily ahead of an August 19 deadline, but some Canadian negotiators think the gap is too wide to close in time. Ottawa is willing to concede on dairy, alcohol bans and auto tariffs — but it cannot force the provinces to lift their bans on American booze, and some have refused to budge.
Russia's state defence conglomerate has begun serial production of mobile power substations designed to restore electricity within hours of a grid attack. Rostec says two to four units per region would cover any emergency — though no production volumes or delivery timelines have been disclosed.
OpenRouter gives developers a single interface to access and switch between more than 400 AI models. The deal would move Stripe beyond payments and into the infrastructure layer that manages and bills for AI use.
Greg Abel's second quarter as chief executive saw the conglomerate spend $23.5bn on stocks, against just $3.7bn sold. Alphabet is now its third-largest US equity holding, and Delta Air Lines has become a $5.4bn bet after Berkshire quit all its airline positions at the pandemic's start.
The move opens a 30-day review of possible countermeasures, from patent suspensions to import curbs. No restrictions on American goods have been imposed yet, and Brasília says it wants to negotiate.
US safety investigators have confirmed a fractured fan blade sent fragments through a cabin window on the Ryanair jet that partially sucked a Serbian passenger from his seat on 10 July. Bird feathers were also found inside the damaged engine, though investigators have not yet established whether a bird strike caused the blade to break.
The measures, grounded in a national security investigation, take effect in September. Even close allies such as the EU, Japan and the UK are not exempt, though they face lower rates.
The company had promised as recently as 2023 that the Lincoln Nautilus would be its first China-made vehicle sold in America. That plan is now dead. Production shifts to the US by 2030.
The AI cloud company posted a $626 million net loss in the second quarter — while paying $640 million in interest alone. Its contracted backlog has hit $104 billion, and it is borrowing heavily to keep building.
The platform's Country Instability Index assigns each nation a live score from 0 to 100, updated continuously. It blends a static baseline with live signals covering conflict, unrest, security and news flows.
Severe convective storms have surpassed hurricanes as the world's costliest insured peril, with U.S. losses topping $50 billion for the third year running and $794 billion recorded globally over the past 25 years — forcing insurers to fundamentally rethink how they model and price the risk.
The payments giant is eliminating roughly 7% of its workforce, concentrated in technology and product, after a decade in which headcount more than tripled — making this as much a correction of past hiring as a bet on automation.
Colombo needs new markets badly — around $1bn in exports are exposed to US levies — but Beijing's demand to open 90% of tariff lines remains a threshold Sri Lanka has so far refused to cross.
Chinese solar, battery and EV exports reached $26bn in March 2026 — up 52% on the year — as nations scrambled for alternatives after Iranian drone strikes shut Gulf oil and gas flows.
The Tel Aviv company is eliminating around 620 roles as part of an AI-focused restructuring that will cost up to $55 million — though its co-CEO insists the cuts are not about saving money or replacing people with AI.
The auction house pressed ahead with a controversial AI-art sale opposed by 6,000 artists while openly acknowledging that the tech-wealth class it is courting is too busy building to buy.
Utilities filed $29 billion in rate increase requests in the first half of 2025 alone, yet isolating the data centre contribution from ageing infrastructure and fuel costs has proved genuinely difficult.
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