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Tariff Documents Reveal Cost Pressures on Airbus and Novelis Alabama Projects
Emails reveal tariff costs threatening Airbus and Novelis Alabama projects. Novelis reports $143M EBITDA impact; Airbus expands Mobile despite challenges.
DoorDash Expands Food Tech with $300M Grubhub Campus Deal and $125M Wonder Investment
DoorDash announced a $300 million deal for Grubhub Campus Dining and a $125 million investment in Wonder, broadening its food-tech footprint.
Kioxia Confirms US ADS Listing Plans; $10B Figure Unverified
Kioxia confirms it's preparing a US ADS listing but hasn't endorsed Bloomberg's $10B figure or 2027 timeline. Shares fell 1.87% in Tokyo.
TUC Chief Joins Bank of England Board, Not Rate-Setting Panel
Paul Nowak joins the Bank of England's Court, but not the MPC, so he won't vote on rates. His appointment doesn't affect the upcoming September decision.
Fed Signals Rates to Stay Near 4.1% Through 2027
The Fed's latest projections show rates holding near 4.1% through 2027, a more restrictive path than previously expected, pressuring bonds and rate-sensitive stocks.
FTSE 250 Rallies 1.1% as Keller Leads; BoE Decision Looms
The FTSE 250 rose 1.1% to 24,070.20, led by Keller Group's 4% gain, as investors awaited the Bank of England's rate decision.
Fed Hikes to 4% Ceiling; Dow Recovers Fast After Brief Dip
The Fed raised rates to 3.75%-4.00% on Wednesday. Dow dipped 86 points post-announcement but recovered within minutes, while Nasdaq held gains.
Millions of UK Adults Skip State Pension Forecast Checks
Nearly 7 million UK adults have never checked their State Pension forecast, according to HMRC research. Many may be missing out on valuable top-up opportunities.
Federal Grant Freezes Top $177B, Savings Claims Unverified
A new tracker reports $177B in disrupted federal grants, but savings remain unverified. GAO review found only 3.8% of DOGE savings substantiated, raising investor concerns.
Zelda Ocarina Remake Unbundled From Switch 2 Launch
Nintendo's Zelda Switch 2 launch excludes Ocarina of Time, turning nostalgia into an attach-rate test. Hardware sales dip forecast, software target 60M units.
GAO Puts $6.7B Price Tag on Deferred Resignation Leave
The GAO estimates $6.7B in paid leave costs for the deferred resignation program, but cannot confirm net savings. OPM projects $20B annual savings.
BBC News Live Stream Excluded from Canadian Subscription
BBC.com's U.S. subscription includes the 24-hour BBC News livestream, but Canadian subscribers miss out due to licensing. Pricing, renewal hikes, and rights explained.