In order to expand its pipeline of late-stage drug research products, Novartis said that it has reached an agreement to acquire American biotech company Chinook Therapeutics at up to $3.5 billion, boosting the stakes in the competition for a cure for a rare kidney ailment.

Cracker Barrel's new logo sparked widespread outrage, with customers and even Donald Trump criticizing the redesign. Many feel the simplified logo lacks the charm of the original, and the controversy has reportedly impacted the company's stock.

For the first time in almost two years, Bitcoin topped $60,000 on Wednesday.

A dissatisfied customer, Frank Siragusa, took legal action against Taco Bell for what he claims to be deceptive advertising.

U.S. stock futures show optimism, driven by Federal Reserve rate cut hopes and easing trade tensions, despite a mixed bag of corporate earnings. While Palantir shone, consumer and health sectors faced headwinds. Separately, the cryptocurrency scene saw a major PAC launch to boost Bitcoin's political influence.

As attention shifted to the forthcoming week full of central bank meetings, the dollar began to decline on Friday, being pulled down by falling U.S. Treasury yields following a surge in weekly unemployment claims that reinforced expectations of a near-term peak in US interest rates.

UK retail saw summer sales growth boosted by weather and rate cuts, but concerns loom. Rising food prices and back-to-school drove August gains, yet tax increases and declining shopper confidence threaten the crucial pre-Christmas period.

Rose Green, a care leaver turned employment officer, exemplifies the struggle and potential of young people facing unemployment in Britain. As youth unemployment rises, the Labour government pledges support, but faces criticism that its policies are undermining these efforts.

A British Gas customer, Fiona Porter, experienced a nightmare of billing errors after a system transfer. Despite intervention from the energy ombudsman, the situation worsened, highlighting potential systemic issues within British Gas's customer service.

The European Central Bank (ECB) has raised interest rates on Thursday to 3.75 percent, mirroring the move made by the US Federal Reserve, as part of its efforts to combat inflation.

US markets are up on US-EU trade deal optimism, with a possible US-China truce extension in sight. Eyes are on upcoming tech earnings from giants like Meta and Apple, along with the Federal Reserve's policy meeting for interest rate clues.

According to a Thursday announcement, General Motors will join Ford in using Tesla's charging connector standard in North American, granting GM electric vehicle customers access to Tesla Supercharger system.

During the four weeks leading up to June 3rd, Bud Light experienced a decline in sales by nearly a quarter, according to the consulting agency Bump Williams.

On Wednesday, New York Community Bancorp said that it had secured $1 billion from investors, including Liberty Strategic Capital, the former Treasury Secretary Steven Mnuchin's company, and that it had appointed a previous Comptroller of the Currency as its new chief executive officer.

In response to a stronger-than-anticipated economy and a slower-than-expected decrease in inflation, the Federal Reserve kept its rate of interest unchanged on Wednesday but hinted in new forecasts that borrowing cost might still need to increase by as much as a half-point by the end of this year.

Germany's need to close a budget deficit and the uncertain prognosis for bank profitability are reviving talk of a possible merger, five years since Deutsche Bank and Commerzbank abandoned their bid to merge.

Country Garden, the biggest private real estate developer in China, is attempting to postpone payment for a privately held onshore bond for the very first time, the latest indication of a crippling cash crunch in the real estate industry that is increasing pressure on China to intervene.

In a bid to stimulate sales, Tesla, the electric vehicle manufacturer, reduced prices, leading to a record-breaking surge in vehicle deliveries in Q2, surpassing the previous year's number by over 80%.

Elon Musk, the CEO of Tesla, could face sanctions from the company's board of directors if he refuses to apologize for supporting an antisemitic post on his social media platform X, according to Brad Lander, New York City Comptroller.

Nvidia's stock is soaring, but CEO Jensen Huang's recent share sales have investors concerned.

The concerns that have haunted American markets for months are dissipating, leading some Wall Street companies to upgrade their forecasts for stocks and luring investors that have been sitting on sidelines.

Global semiconductor giants—including TSMC, Samsung, and Intel—are bracing for a triple blow from the Trump administration's widening trade war, with higher costs, slumping demand, and disrupted U.S. expansion plans threatening the $600 billion industry.

Australia's job market is quietly transforming due to AI adoption. While companies boast efficiency, workers face redundancy. Experts confirm a link between AI and unreported job losses, raising concerns about the future of work.

Amidst anticipation of a global manufacturing resurgence, industrial metals prices continued to rise on Tuesday. Meanwhile, Asian equities increased slightly more cautiously prior to this week's US inflation data and an important meeting of the European Central Bank.

In order to gain complete control of the streaming service and the ability to merge it into the Disney+ streaming service in the future, Walt Disney formally started the process of purchasing Comcast's one-third shares of Hulu on Wednesday.

As market participants bet that ongoing elevated interest rates will impede the global economy and reduce demand for riskier assets, the crisis in government bond markets grew worse early on Wednesday, with benchmark US yields reaching new 16-year highs.