Markets, companies, regulation, startups, and the business impact of technology.
Economists and AI Researchers Issue Urgent Call for Economic Preparation as AI Capabilities Surge More than 200 leading economists and AI researchers, including 16 Nobel laureates, released a joint statement on July 13, 2026, titled We Must Act Now: A Statement on AI’s Transformation of the Economy. The group is calling on global leaders, policymakers, … Read more
Stellantis N.V. reported a 10% increase in global vehicle shipments for the second quarter of 2026, reaching an estimated 1.6 million units. The company, which defines shipments as vehicles delivered to dealers, distributors, or directly to retail and fleet customers, attributed this growth primarily to strong demand and new product launches in North America. North … Read more
In 1994, Jeff Bezos and MacKenzie Scott undertook a 2,000-mile road trip from Texas to Washington to launch Amazon. While Scott drove their borrowed 1988 Chevy Blazer, Bezos drafted the company’s business plan on a laptop. This journey, which concluded on July 5, 1994, marked the transition from Wall Street to the garage-based startup that … Read more
Escalating Tensions Over Federal Information Access The relationship between the executive branch and national news organizations has reached a precarious point. Recent reporting from The New York Times underscores a broader trend of federal entities challenging traditional media access and investigative processes. As officials continue to prioritize the security of high-level government assets—such as the … Read more
IKEA is not closing its U.S. stores; rather, the Swedish retailer continues to operate and expand its accessibility through a network of 504 stores globally. In the United States, the company is actively utilizing a variety of third-party pick-up points across multiple states to supplement its traditional retail presence. The Retail Strategy Beyond Big-Box Stores … Read more
The French telecoms billionaire Xavier Niel has become Vodafone’s largest shareholder after buying a 16% stake for £4.4bn. On Friday, the Emirati telecoms group e&, which first took a stake worth £3.3bn in Vodafone in 2022, announced the sale of its entire shareholding for 112.5p a share. The acquisition is being carried out through Vega, … Read more
China’s producer price index (PPI) rose 4.1 per cent in June, reaching its highest level since July 2022, according to data from the National Bureau of Statistics (NBS) released on Thursday, July 9, 2026. National Bureau of Statistics Reports PPI Rebound The 4.1 per cent year-on-year increase in China’s producer price index marks the fourth … Read more
Philippine stocks climbed back above the 6,200 level on July 6, 2026, as investors positioned for a possible easing in June inflation. The PSEi rose 0.58% to 6,223.99, while the peso slipped to P61.491 against the dollar. Market Bets On Softer Inflation Philippine shares extended their rally for a fourth straight session on July 6, … Read more
We use cookies to run this site, measure traffic and — with your consent — to personalize ads. See our Cookie Policy.