Apple lost roughly $200 billion in market value as shares fell amid investor concerns that its AI strategy may lag competitors in a fast-moving tech landscape.
Gail Slater has stepped down as the Justice Department’s antitrust chief after months of internal tension, with an acting successor named and major cases still underway.
Abigail Slater has reportedly been ousted as DOJ antitrust chief by Trump-aligned officials, raising questions about the direction of U.S. competition policy.
The Justice Department’s antitrust chief has reportedly been fired, according to sources, raising questions about leadership and continuity in competition enforcement.
A sudden DOJ departure has raised questions about the future of the populist antitrust movement linked to the Trump era, though policy direction remains uncertain.
Anthropic’s latest funding round has reportedly lifted its valuation to $380 billion, underscoring continued investor confidence in advanced AI development.
Elon Musk criticized Anthropic’s AI models as “misanthropic and evil” in a social media post, sparking discussion across the tech industry.
Anthropic has reportedly raised $30 billion in Series G funding, lifting its valuation to $380 billion as investor enthusiasm for advanced AI continues to grow.
Despite delays in implementing a carbon pricing system, the global shipping industry remains committed to investing in sustainable practices and green technologies. This resilience reflects a broader commitment to reducing emissions and achieving long-term environmental goals.
Sadiq Khan has launched a consultation on a London-wide licensing plan to support pubs and clubs opening later, aiming to boost the capital’s nighttime economy with consistent rules.
Asian stock markets softened after U.S. tech sell-offs, while gold regained ground as investors balanced risk and safe-haven strategies
The BBC plans up to £600 m in cuts over three years due to falling licence fee income, with savings across departments and implications for jobs and programming.
Apple’s share price fell about 5%, erasing nearly $200B in market value as investors weighed slower AI feature rollouts and broader tech spending anxieties.
Japan’s PayPay plans a Nasdaq IPO in March valuing the firm at about $19.6 billion, highlighting the growing global ambitions of the country’s fintech sector.
Xiaomi says it supports China’s auto pricing guidelines, aligning with regulatory efforts to maintain order in a highly competitive electric vehicle market.
Schroders has agreed to a £9.9bn takeover by US investment manager Nuveen, signaling further consolidation in global asset management.
McDonald’s posted its strongest sales growth in over two years as value-focused pricing — including $5 meals and promotions — helped attract cost-conscious diners and lift traffic.
The Dow’s rebound reflects a gradual investor rotation from high-growth tech into broader, economically tied sectors, hinting at renewed confidence and diversified market leadership.
An idle Ford factory reflects broader shifts in demand and strategy as the automaker realigns production, explores export markets, and reimagines manufacturing footprints amid industry change.
Silver plunged around 30 % in its worst one-day drop since 1980 and gold tumbled sharply as markets reacted to Kevin Warsh’s Fed chair nomination, easing fears over central bank independence.
The CBO’s latest 10-year outlook finds that U.S. federal deficits and public debt are projected to grow, and compared with last year’s forecast the fiscal outlook has “deteriorated modestly.”
Asian stocks are off to their strongest start versus U.S. markets this century, led by tech gains and lower valuations, while higher U.S. yields temper Wall Street momentum.
China’s Commerce Ministry welcomed more EV makers reaching EU price agreements, signaling support for negotiated solutions amid ongoing trade tensions over electric vehicle exports.
China’s January auto sales posted their steepest drop in nearly two years, reflecting weak consumer demand and ongoing price wars in the world’s largest car market.