FAA says it is investigating Trump helicopter safety incident in Washington
FAA is investigating an air-traffic safety incident involving Marine One, the helicopter carrying President Trump.
India’s central bank keeps benchmark rates steady, cites ‘moderate’ core inflation
The Reserve Bank of India has kept interest rates unchanged amid creeping inflation.
GM, Chinese automaker extend joint venture for 20 years despite geopolitical tensions with U.S.
GM said the deal will focus on domestic sales of Buick and Cadillac models in China and exporting Chevrolet products built in China for non-U.S. markets.
SpaceX’s AI spending unnerves Wall Street despite promises of quick payoff
In addressing Wall Street for the first time since SpaceX’s IPO, executives tried to make the case that hefty AI investments are paying off within a year.
Iran, Oman say Strait of Hormuz talks in final stages, as Trump again teases a deal being close
Trump’s latest remarks signaling again that a deal with Iran to reopen the Hormuz Strait is close at hand drove oil prices lower and sent stocks soaring.
SoftBank jumps 13% as Asia tech stocks track Wall Street AI rally
Asian technology stocks rallied on Wednesday after Wall Street’s record-setting session fueled optimism around artificial intelligence and growth stocks.
Dow jumps more than 250 points for record close and fifth winning day: Live updates
The 30-stock Dow Industrials posted a fifth straight positive session on Wednesday.
China’s super-rich ‘in shock’ and hunting for cash as Beijing issues surprise tax on offshore trusts
Beijing’s move to tax offshore trusts, long used by China’s ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
Europe’s heatwave isn’t cooling Asian travelers’ holiday plans for the continent
Asian travelers’ appetite for Europe remains resilient despite record-breaking heat, with spending in Northern Europe projected to increase.
AMD’s revenue climbs 50% and data center sales doubled, but the stock is down
AMD’s data center unit is driving the company’s growth, up 107% over last year.
