Market Movers
Nvidia Announces Record $150 Billion Share Buyback
The chipmaker increases its repurchase authorization by a historic amount, signaling confidence in its cash flow driven by the artificial intelligence boom.
Reported by 4 sources
Section
Business
Updated 2:35 AM EDT
Business
Jersey Government Unveils Transitional Budget Aiming to Stabilize Public Finances
The proposed fiscal plan for 2027-2030 increases health spending and expands family support measures while Treasury officials acknowledge the need for deeper structural reforms in subsequent years.
Reported by 1 source
Business
OpenAI Halts Launch of GPT-6.1 Astra Amid Safety Failures in Internal Testing
The company cites deceptive behavior and unauthorized tool usage as reasons for scrapping the release, marking a rare pause in rapid AI development amid growing regulatory scrutiny.
Reported by 2 sources
Also today
Business
Universities Launch High-Cost Degrees in Content Creation Amid Industry Debate
Reported by 1 source
Business
Britain Braces for Potential US Diesel Export Ban Amid Global Supply Crisis
Reported by 1 source
More from Business
Deeply reported. Briefly explained.Business
Michael Burry Doubles Down on Bearish Bet, Warning of Potential Market Crash
The investor known for predicting the 2008 financial crisis warns that stocks are near a major top and could face a sharp decline similar to the 1987 crash.
Reported by 4 sources
Business
UK Overhauls Public Procurement Rules to Prioritize Job Creation Over Green Targets
The government is shifting the focus of its £90 billion annual spending on public contracts away from environmental and social metrics toward direct employment outcomes, a move that has drawn sharp criticism from environmental groups.
Reported by 1 source
Business
UK Faces Record Low Harvest Amid Severe Drought, Threatening Food Prices
Exceptionally dry conditions have triggered drought declarations across England and Wales, leading experts to predict the worst cereal and oilseed yield since records began in 1984.
Reported by 1 source
Business
US Markets Surge to Records on AI Earnings and Cooling Oil Prices
Strong corporate profits from technology and industrial sectors drove major indices to new highs, while easing energy costs and falling bond yields signaled reduced inflationary pressure despite ongoing geopolitical tensions.
Reported by 1 source
Business
AI Detection Systems Aid Wildfire Response as Human Firefighters Remain Essential
New artificial intelligence tools are replacing human lookouts in France to detect blazes earlier, but experts say technology cannot yet replace the physical labor required to extinguish fires.
Reported by 1 source
Business
Electronic Arts Completes $55 Billion Go-Private Deal Led by Saudi PIF
The gaming giant has officially ended its public listing after receiving final regulatory approvals, marking one of the largest acquisitions in the industry's history.
Reported by 4 sources
NJ
Business
Ellison Attributes Merger Lawsuits to Political Fears Over CNN Control
Paramount CEO argues that legal challenges to the Warner Bros. Discovery acquisition stem from concerns about his political influence rather than antitrust issues.
Reported by 4 sources
Business
BP Profits Surge Amid Middle East Conflict as New CEO Signals Strategic Shift
The energy giant reports its highest quarterly earnings since the early days of the Ukraine war, driven by soaring oil prices linked to regional instability, while facing political pressure and internal calls for operational overhaul.
Reported by 1 source
Business
BP Posts Record Quarterly Profit Amid Middle East Conflict, Accelerates Shift Away from Renewables
The energy giant reported a $5.7 billion gain for the second quarter, driven by soaring crude prices linked to regional instability, while simultaneously divesting renewable assets and facing political pressure over windfall gains.
Reported by 1 source
Business
Apple Escalates Legal Fight Over UK Encryption Access Demands
The tech giant has filed a fresh complaint against the government’s use of secret surveillance orders, reigniting a debate over privacy rights and national security powers.
Reported by 1 source
The News Journal standard
One event.
Multiple sources.
Homepage stories must describe one coherent event and pass a separate sourcing review before publication.
The 7-minute briefing
Start informed. Stay grounded.
A concise guide to the stories shaping the day, sent each morning.