Forbes

The Dow Jones Industrial Average endured its longest losing streak since 1974, with Wednesday marking its 11th consecutive decline and the steepest point drop since September 2022. The Dow fell over 1,100 points (2.6%) following a Federal Reserve update announcing a modest 25-basis-point rate cut and projecting only two more such cuts in 2025, fewer than previously expected.

Waymo, the leading U.S. robotaxi provider, plans to expand internationally, starting with tests in Tokyo next year using electric Jaguar I-Pace SUVs to map central Tokyo in partnership with Nihon Kotsu and GO.

Isak Andic, the billionaire founder of Mango, passed away at age 71 on Saturday following an apparent hiking accident near Barcelona, according to local reports and the company.

Albertsons terminated its $25 billion merger agreement with Kroger after a federal judge blocked the deal and filed a lawsuit accusing Kroger of failing to secure regulatory approval.

A federal judge has blocked Kroger's $24.6 billion merger with Albertsons, citing concerns that it would reduce competition in the supermarket industry. U.S. District Judge Adrienne Nelson sided with the Federal Trade Commission (FTC), highlighting evidence that the two companies are significant competitors and that the merger would eliminate this rivalry.

Juan Soto has signed a record-breaking 15-year, $765 million contract with the New York Mets, including a $75 million signing bonus and an opt-out option after five years.

Elon Musk’s AI startup, xAI, raised nearly $6 billion in equity financing, as disclosed in a filing by its CFO, Jared Birchall, marking a significant step in its expansion within the competitive AI market.

JPMorgan, AT&T, and Dunkin’ Brands have pulled ads from Twitch following accusations that the platform promotes antisemitic content, particularly surrounding streams by popular commentator Hasan Piker regarding the Israel-Gaza conflict.

Indian billionaire Gautam Adani denied U.S. charges accusing him and his Adani Group executives of running a large-scale bribery scheme. Speaking at an awards ceremony in Jaipur, Adani called the allegations "baseless" and vowed to pursue "all possible legal recourse."

Volkswagen and its Chinese joint venture with SAIC Motor Corp. sold their assembly plant in Xinjiang to the Shanghai Motor Vehicle Inspection Center, a government-owned firm, citing economic reasons.

The United Nations Framework Convention on Climate Change (UNFCCC) convenes annually for the Conference of Parties (COP) to address carbon emissions and support vulnerable nations through a loss and damage fund.

Alphabet, Google's parent company, saw its shares fall over 5% on Thursday, marking the largest drop in 10 months. The decline followed the Justice Department's request for Google to divest its Chrome browser to curb its dominance in the search engine market.