UBS faces U.S. lawsuits over Credit Suisse AT1 bond losses, while offering goodwill payments to clients hit by trading turmoil.

Costco recalls several products, urging shoppers to stop using them immediately due to safety and health risks.

Elon Musk launches the America Party after breaking with Trump over tax law, aiming to shake up U.S. politics.

China restricts high-value EU medical device purchases in response to recent European trade barriers.

The EU prepares counter-tariffs as Trump threatens a 50% duty on European imports, escalating trade tensions.

Ingram Micro confirms ransomware attack disrupting global operations, leaving customers unable to place orders or access key services.

China confirms eased U.S. export curbs but warns the trade truce remains fragile ahead of key tariff deadline.

Nissan recalls over 480,000 vehicles due to engine defects that could lead to power loss and possible engine failure.

Paramount settles Trump's lawsuit for $16 million and agrees to release future "60 Minutes" interview transcripts.

Amazon's robot workforce nears 1 million, rapidly replacing human tasks with AI and automation in warehouses.

Del Monte Foods files for Chapter 11 bankruptcy amid shifting consumer trends and declining demand for canned goods.

Kraft Heinz recalls over 367,000 pounds of Oscar Mayer turkey bacon due to potential listeria contamination.

Microsoft lays off 9,000 employees to streamline management and boost efficiency across teams.

Trump's new spending bill could end the $7,500 electric vehicle tax credit by September 30, impacting car buyers and climate efforts.

Jeff Bezos sells $737 million in Amazon stock following his lavish wedding, funding global ventures and philanthropic efforts.

Trump Media begins global rollout of Truth+ with Newsmax, sparking debate over Voice of America cuts and potential presidential profit.

Wegmans recalls chocolate nonpareils in 8 states due to undeclared milk allergen risk.

Lululemon sues Costco for allegedly selling knockoff activewear that closely mimics its popular designs.

Over 140,000 pounds of bologna recalled nationwide due to undeclared meat ingredients, warns USDA.

Elon Musk blasts Trump's $5T tax bill and calls for a new political party to fight government overspending.

Tinder launches facial recognition in California to fight romance scams and boost user safety.

Luckin Coffee enters the U.S. market with two NYC stores, challenging Starbucks with app-only ordering and competitive prices.

Home Depot is acquiring GMS for $4.3 billion to expand services for professional builders and contractors.

Costco extends Saturday hours and adds new perks for Executive Members, including early access and monthly shopping credits.

Kroger plans to open 30 new stores in 2025 while closing underperforming locations to boost growth and customer loyalty.

Warren Buffett donates $6 billion in Berkshire Hathaway stock to five foundations, marking his largest single-year charitable gift.

Donald Trump ends trade talks with Canada over its digital tax, threatening new tariffs within a week.

California Governor Gavin Newsom sues Fox News for $787 million, alleging defamation over false claims about a phone call with Donald Trump.

Germany urges Apple and Google to review or remove DeepSeek app over illegal user data transfers to China, citing EU privacy violations.

A federal appeals court has tossed a major class action against GM over faulty transmissions, marking a key legal win for the automaker.