SpaceX Makes Big Play to Become a Wireless Carrier
Elon Musk's space company is buying spectrum licenses to help build a mobile network to compete with telecom giants.
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Nvidia-Backed Firmus Scraps Australian IPO, Citing Market Conditions
The cloud-computing company scrapped plans for what would have been Australia's largest initial public offering in almost 30 years.
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Vance Says U.S. Will Suspend Microsoft and Other Firms From Green Card Program
The move comes as the Trump administration targets alleged abuses of immigration systems.
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Trump Throws His Weight Behind Credit-Card Legislation Most Feared by Banks
The bill could upend the system that moves billions of dollars in fees that merchants hate and banks use to power rewards.
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American Airlines Is the Worst for Bumping Passengers. Now It Says It Will Stop.
The carrier, which was responsible for 60% of fliers who were involuntarily removed from flights, said test programs worked to curb the practice.
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Aritzia Lifts Guidance as U.S. Sales Support Higher Profit, Revenue
The Canadian women's fashion retailer boosted its revenue expectations for the 2027 fiscal year by 29% to 32% from the prior year.
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Michigan Files Antitrust Suit Against Blue Cross Blue Shield Over Rising Costs
The state attorney general alleges the insurer used its dominant position to drive up health costs for patients.
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PepsiCo Trims Outlook as North American Unit Underperforms
PepsiCo cut its full-year earnings outlook as it faces inflation, higher advertising costs and continued weakness in its North American business, even as the company works to reduce expenses and revive sales.
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Taylor Farms to Curb Lettuce Sales From Mexico After Massive Cyclospora Outbreak
After thousands of foodborne illnesses this year, the produce giant will suspend some harvesting and processing during peak summer months.
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Microsoft Forms New Xbox Unit Focused on Film, TV in Turnaround Effort
The new division, dubbed XP, aims to help Xbox's roster of video games grow their fan bases, and connect with them more deeply, Microsoft said.
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Devon Energy Sells Eagle Ford Assets to Crescent Energy for $4.2 Billion
President and CEO Clay Gaspar said the deal is the outcome of an ongoing portfolio review and sharpens the company's focus on its highest-return and longest-duration assets.
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Anglo American Warns of Brazilian Closure if EU Vetoes MMG Nickel Deal
The EU opened an investigation into the deal over concerns that MMG-majority owned by state-owned China Minmetals-could divert ferronickel supplies away from European markets.
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Amazon Introduces New Lineup of Pricier Tablets
The three new Alexa-branded tablets are priced below what Apple and Samsung charge for similar tablets, but they are higher than Amazon's existing, budget-friendly lineup of Fire tablets.
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Beyond Hopes New Meat-Free Brands Will Power a Turnaround
The plant-based food company, which has dropped the word "Meat" from its branding, recently moved into faster-growing categories such as protein bars, supplements and beverages.
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7-Eleven Owner Reports Lower Quarterly Profit
Seven & i Holdings' second-quarter net profit fell as its domestic business proved a drag despite stronger earnings at its North American business thanks to fuel sales.