CMA CGM To Acquire FedEx Supply Chain For $1.4 Billion
The transaction is part of FedEx's broader strategy to streamline its business and concentrate on higher-margin sectors, including healthcare, aerospace and data center logistics.
Business
What Does The Latest ADP Jobs Report Say About The US Economy
Most new jobs came from the services sector, while natural resources and mining was the only industry to record job losses.
Why Is Trump's Financial Disclosure Drawing Attention
Trump received $635 million in royalties from "Celebration Coins," while his golf resorts and private clubs generated more than $290 million in revenue
Trump Reports More Than $1.4 Billion In Crypto Income
The filing lists approximately $635 million in earnings tied to the TRUMP meme coin, along with about $515 million from token sales associated with World Liberty Financial, a cryptocurrency company linked to members of his family.
Britain May Challenge Paramount's Warner Bros. Takeover
Culture Secretary Lisa Nandy said she was "minded to intervene," signaling that the government is considering formal legal action to review
AI Race: Masayoshi Son Bets Against Musk's Space Plan
Musk continues to rely on first-principles engineering to solve long-term technological challenges, while Son favors rapid investment in commercially viable AI businesses.
Warren Buffett Holds Back Yearly Donation To Gates Foundation, Report Says
This is the first time in nearly two decades that the Berkshire Hathaway chairman has delayed his regular summer donation
Trump's Axon Investment Draws Ethics Questions Over ICE Contract
The White House said Trump's assets are held in a trust managed by his children and that independent third-party firms oversee his investments.
Comcast Unveils Plan To Separate NBCUniversal And Sky
Comcast will focus primarily on its broadband and wireless operations, while NBCUniversal will emerge as one of the industry's largest content companies
Reflecting Pool Cleanup Firm Drawn Into Political Controversy
The Ohio-based company was awarded a $1.7 million no-bid contract to deploy its ozone nanobubbler technology, which injects microscopic oxygen bubbles into the water to combat algae and bacteria
FIFA World Cup Delivers Record TV Ratings In The United States
84 million Americans watched at least part of its World Cup coverage through June 25, based on Nielsen data
What Does South Korea's $576 Billion AI Plan Mean For Samsung And SK Hynix
Samsung and SK Hynix, along with suppliers, will invest about $517.9 billion to build two new semiconductor fabrication plants each in the country's southwest region
When Will OpenAI Go Public? IPO Timeline Still Unclear
OpenAI is currently leaning toward a 2027 public offering, although the company has not officially confirmed that timeline.
Leon Black Claims Jeffrey Epstein Misled Him Out Of $60 Million
He also said he had never abused women, engaged in sex trafficking, paid Epstein for access to women or been blackmailed by him.
Polymarket's U.S. Exchange Drives Billion-Dollar Revenue Run Rate
Trading activity has accelerated sharply as the FIFA World Cup fueled increased interest in prediction markets.
Why Is Volkswagen Planning 100,000 Job Cuts
Volkswagen is also expected to trim planned investment by about 15%, lowering spending to just over €130 billion over the next five years.