Tariffs Pose Risks But Open Opportunities For Logistics Giant C.H. Robinson, Says CEO
C.H. Robinson's new CEO, Dave Bozeman, is tackling a freight recession, tariff uncertainty, and implementing a "lean" operating model, aiming to expand market share and leverage AI for operational efficiency.
Trudeau Warns Americans About Price Hikes From Trump's Tariff Plan Against Canada
Trudeau warns Trump's proposed Canada tariffs would raise US costs, harm economies, and vows retaliation, citing integrated trade ties between the nations.
Mondelez Eyes Hershey Acquisition, Potentially Earning $50B Per Year Combined
Mondelez's potential Hershey merger could create a $50B snack giant, but Hershey Trust approval and rising cocoa prices remain obstacles.
Nvidia Shares Drop 2.6% Following China's Antimonopoly Probe Over Mellanox Acquisition
Nvidia shares drop following Chinese probe into Mellanox acquisition, tied to escalating US-China chipmaking tensions and anti-monopoly concerns.
Editor's Pick
Elon Musk Success Story: What He Did During His Teen Years That Made Him A Billionaire
Now known as the world's richest man, the success story of Elon Musk started earlier than most; during his teen years.
Titan Submersible Employee to Testify That the Submarine Is 'Unsafe' Prior to Fatal Titanic Mission
An employee who labeled OceanGate’s Titan submersible as ‘unsafe’ will testify before U.S. Coast Guard investigators, potentially impacting the company’s future operation.
Trump's Election-Boosted Stocks Now Struggling; Upcoming Policies Expected To Trigger Market Chaos
Trump's victory initially boosted US stocks, but concerns about inflation, rising bond yields, and policy uncertainties have dampened enthusiasm, causing the S&P 500 to drop 2%.
Investors
Regions
China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
China has banned Taiwan’s fruit, seafood, and vegetables imports, escalating tensions over trade and military issues.
Meta Bans Russia State Media Amid Growing Concerns Over Propaganda: Here's How Kremlin Responds
Global Stocks Drop as Japan's Nikkei Falls 13% and European Shares Hit Six-Month Lows
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Scotland-England Electric Link to Power 2 Million Homes, Construction Starts 2028
Regulators have approved a £4.3 billion subsea cable project between Scotland and England, designed to enhance renewable energy transfer and boost energy security.
China and Italy Hopes to Revive Ancient 'Silk Road' Route With New Trade Agreement
ECB’s Interest Rates Remain Unchanged But May See Cuts in September
Deals
Funding
Godmother of AI' Fe-Fei Li Secures $1B Valuation for New Startup, World Labs
Fei-Fei Li’s AI startup, World Labs, raised $230 million in funding, valuing the company at over $1 billion as it prepares to develop AI models for 3D interaction by 2025.
Nvidia Rival Groq Raises $640 Million in a New Funding Round
Groq was originally looking to raise $300 million at a slightly lower valuation. Groq, an artificial intelligence chipmaking startup, has secured more than $600 million in a recent funding round, the company announced Monday.
Trump Campaign's Financial Advantage Short-Lived as Democrats Surge with $100M Funds in Just 1 Day
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
Tractor Drone Maker Monarch Reveals $133 Million Series C Funding
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
People
UnitedHealthcare CEO Brian Thompson Fatally Shot Outside New York Hilton Hotel
UnitedHealthcare CEO Brian Thompson was fatally shot in a premeditated attack outside a Manhattan hotel, leaving the health and corporate sectors in shock.
Delaware Rejects Musk's $56B Tesla Pay Plan, Costing Him $345M in Legal Fees Instead
A Delaware judge rejected Musk's $56B Tesla pay package again, ordering Tesla to pay $345M in legal fees despite shareholder support for reinstatement.
Opposition Rallies Against Adani and Modi Over $265M US Bribery Scandal
Protests in New Delhi erupted against Gautam Adani over his $250 million bribery fee for a solar project, which India Prime Minister Modi allegedly allowed and protected.