Bloomberg News
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Ford Will Stop Importing The One Model It Ships From China To The US
The Dearborn, Michigan-based automaker said Wednesday it will expand Lincoln output in the US beginning in 2030
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Rio Tinto Australia Aluminum Plant Gets $1.8 Billion Bailout
The bailout follows government support secured by Rio in March for its Boyne smelter in Queensland, where the company received A$2 billion in combined federal and state funding.
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Korean Stocks Rise 22% In 10 Days As Chip Rally Regains Steam
Heavyweight memory chipmakers Samsung Electronics and SK Hynix drove the advance, each jumping more than 5%.
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China Revives Free-Trade-Zone Bond Market After Crackdown
Chinese policymakers want companies to sell more yuan-denominated notes offshore through various mechanisms including the FTZ, though they've also erected barriers to stem a risky buildup of debt.
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In A First, Google's Wearables To Track Insulin Resistance
The Google Health app will notify users if there are signs their insulin resistance has shifted, at which point they may consider lifestyle changes or consult a physician.
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ASX Profit Misses Estimates As Next CEO Attia Prepares To Lead The Stock Exchange
The stock gained as much as 9.9%, the most since March 2020, after flagging buoyant listings demand.
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Japan Inflation Data: Producer Price Gains Stay High As BOJ Mulls Rate Path
The advance in the producer price index was led by oil and coal products, chemical products and non-ferrous metals.
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Cisco's AI Outlook Disappoints Investors Seeking Bigger Payoff
AI sales will make up about 10% of Cisco's projected total revenue of $72.2 billion to $73.4 billion in fiscal 2027, according to a company statement issued Wednesday.
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Fermi Names McIntire CEO Four Months After Ousting Co-Founder
McIntire has served as an independent director at the AI power firm since September, and took over as CEO Tuesday, the company said in a statement Wednesday.
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Wall Street Highlights: S&P 500, Nasdaq Rise On AI Trade As Market Awaits More Inflation Data
US CPI data released Wednesday showed July consumer prices rose in line with expectations, while a key metric matched the slowest pace since March 2021.
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Josh Kushner, Bob Iger Buy LA Lakers For More Than $12 Billion
Kushner, co-founder at Thrive Capital, and Iger, former CEO of Walt Disney Co., had been involved in the NBA's expansion process in Las Vegas.
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US Core Inflation Comes In Subdued, Easing Pressure On Fed
Overall, consumer prices rose 0.1% from the prior month and 3.4% from a year earlier.
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'Beverly Hills, 90210' School Faces Crisis With Shrinking Enrolment, Rising Costs
Three schools were significantly damaged in the 2025 Palisades Fire, and the board approved $600 million for rebuilding.
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China Is Winning Back Foreign Tourists, One Viral Reel At A Time
Foreign tourist arrivals in China surged past pre-pandemic levels in 2025, fueled by visa-free entry, social media trends and state tourism promotion
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Long Covid Study Finds Gut Immune System Struggling To Clear Lingering Virus
Antiviral drugs alone haven't shown clear benefits in trials of broadly defined long Covid, and the researchers said treatment may ultimately need to both target lingering virus and restore the immune system's ability to eliminate cells harboring it.
