Melanie Perkins, the Aussie designer who built a global design empire
"I wanted to make design as easy as using a mobile phone, so anyone could make something that looked great." — Melanie Perkins A Quiet Founder Who Built a Loud…
U.S. auto safety regulator probes recall of 331,401 Jeep vehicles
The U.S. National Highway Traffic Safety Administration on Monday opened a probe into the recall of 331,401 Jeep vehicles due to improperly installed rear coil springs. A rear coil spring helps…
Airbus December Deliveries Slow as Airlines Await Fuselage Fix Details
Airbus has delivered around 30 aircraft in the first half of December, releasing jets at a below-average speed for the month as some airlines wait for details of fixes to…
Netflix rules out Warner Bros Discovery asset buy, say co-CEOs
Netflix's decision to acquire assets from Warner Bros Discovery has not changed, its co-CEOs Greg Peters and Ted Sarandos said in a letter to employees on Monday. The streaming giant won…
Citigroup Sets 2026 S&P 500 Target at 7,700 on AI, Earnings Strength
Citigroup has set a year-end target of 7,700 for the S&P 500 index for 2026, pointing to robust corporate earnings and sustained tailwinds from artificial intelligence investments. The brokerage said in…
US travel industry warns social media disclosure rule could deter foreign visitors
A group representing the U.S. travel and tourism industry warned Monday that a proposal to require millions of foreign visitors to provide social media handles used over the past five…
Oil rises as U.S.–Venezuela tensions spark supply fears despite oversupply concerns
Oil prices climbed on Monday as supply disruptions linked to escalating U.S.-Venezuela tensions outweighed oversupply worries and the impact of a potential Russia-Ukraine peace deal. Brent crude futures were up…
Fortescue to buy remaining stake in Alta Copper in C$139 million deal
Australia's Fortescue said on Monday it would buy the remaining 64% of Alta Copper, in a deal implying a total equity value of C$139 million ($101 million) for the Toronto-listed…
Nvidia weighs boosting H200 AI chip output after surge in China orders
Nvidia has told Chinese clients it is evaluating adding production capacity for its powerful H200 AI chips after orders exceeded its current output level, according to two sources briefed on…
SpaceX plans IPO next year, opens secondary share sale at $800 billion valuation
SpaceX is preparing to go public next year and has opened a secondary share sale that would value the company at $800 billion, according to a letter to shareholders sent…