Fashion
S&P 500, Nasdaq slip at open after solid jobs data fuels hawkish Fed fears; chip stocks fall
Published Fri, Jun 5, 2026 · 09:42 PM[NEW YORK] The S&P 500 and the Nasdaq dropped at market open on Thursday as chip stocks eased after a sharp rally,...
Latest data show Californian conundrum: high growth but high unemployment
California, the epicenter of the artificial intelligence boom, continues to grow its economy faster than the nation, but more people are losing their jobs and the cost of living...
AllianzGI in exclusive talks to buy UOB Asset Management: sources
The details are being finalised on a transaction that could be valued at up to S$600 millionPublished Fri, Jun 5, 2026 · 03:41 PM[SINGAPORE] Allianz Global Investors is in...
Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say
Singapore Airlines has opened discussions to buy at least 50 of the industry’s biggest jets, Reuters reported earlierPublished Fri, Jun 5, 2026 · 09:44 AM[PARIS] Qantas is in talks...
S&P 500, Nasdaq slide at open as Broadcom revenue miss dents chip stocks
Published Thu, Jun 4, 2026 · 09:46 PM[NEW YORK] The S&P 500 and the Nasdaq dropped at the open on Thursday (Jun 4), as Broadcom’s revenue miss pressured chip...
Bitcoin has longest losing streak since August in bruising week
The cryptocurrency has lost about half its value since hitting an all-time high above US$126,000 last OctoberPublished Thu, Jun 4, 2026 · 09:33 PM[NEW YORK] Bitcoin is poised for...
BOJ expected to raise interest rates in June: sources
Markets are pricing in an 80% chance that the bank will raise its short-term policy rate to 1% from 0.75%Published Thu, Jun 4, 2026 · 03:50 PM[TOKYO] The Bank...
Value of Huntington Beach defense tech startup balloons to $1.8 billion
California defense tech startup Mach Industries said Tuesday it raised $300 million, nearly quadrupling the company’s valuation to $1.8 billion within a year. The Huntington Beach startup’s soaring valuation...
Martin Scorsese is betting on AI to transform the storyboarding process
Oscar-winning director Martin Scorsese is joining the ranks of entertainment industry power players embracing generative AI.Black Forest Labs, the German AI startup behind the text-to-image model Flux, announced Tuesday...
Aspiration co-founder sentenced to 14 years for fraud
The co-founder of Aspiration, Joseph Sanberg, was sentenced to 14 years in prison on Monday after defrauding investors and lenders of over $248 million.The startup, an eco-friendly digital banking...
Ex-girlfriend of former Google CEO Eric Schmidt ordered to pay him $10 million after rape accusations
An arbitrator has sided with former Google Chief Executive Eric Schmidt, saying in a preliminary ruling that he was not guilty of sexual assault against his former girlfriend and...
Trump signs an executive order to vet top AI models for national security risks
WASHINGTON — President Trump signed an executive order Tuesday directing the federal government to establish a voluntary early review process for the country’s most advanced artificial intelligence models, following a months-long...