Trump Unveils $15 Billion Iowa Steel Project
President Trump announced a planned $15 billion steel project in Iowa. The move appears aimed at scoring economic wins as Republicans face a difficult midterm election cycle.
Tuesday, September 29, 2026
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President Trump announced a planned $15 billion steel project in Iowa. The move appears aimed at scoring economic wins as Republicans face a difficult midterm election cycle.
Robert F. Kennedy Jr.'s effort to overhaul American food policy is meeting pushback inside the White House. Questions about whether his ideas are even workable have created uncertainty around an agenda that once had political momentum.
Justice Samuel Alito will sit out a Supreme Court case on climate change. The decision marks a reversal, after the justice had previously signaled he would not recuse himself.
OpenAI has paused work on a new model because of safety concerns. The pause stands out as a rare public halt in the industry's race to ship ever-more-powerful AI systems.
Nvidia's board approved a record $150 billion expansion of its share-repurchase program, bringing total buyback authorization to $235 billion. The move signals confidence from the world's most valuable chipmaker amid the AI buildout.
Shares of French electrical-equipment maker Legrand climbed after the company raised its 2030 targets, citing plans to capitalize on the rapid data-center construction driven by artificial intelligence.
SpaceX's Starship reached orbit for the first time and deployed the newest version of Starlink satellites. The milestone is a critical step in the company's effort to make the experimental rocket handle a range of missions.
The Trump administration has rolled back tougher fuel-economy standards. The new mandate will require an average of 34.5 miles per gallon by model year 2031, down from the 50.4 mpg standard set under the Biden era.
Oil prices rose as investors weighed uncertainty around U.S.-Iran ceasefire efforts against a recovery in Middle Eastern crude flows. The market remains on edge over the fragile diplomatic situation.
Shell will build two additional liquefaction plants to double production capacity at LNG Canada to 28 million metric tons a year. The British energy major is betting on growing natural-gas demand in Asia.
American trade hostility and the war in the Middle East could fuel a renaissance for Canada's energy sector. The shifting geopolitics may be pushing the country toward a new era as an energy power.
Raytheon won a $20.7 billion contract to speed up production of AMRAAM missiles. Under the five-year deal, with two option years, the company will scale production to record levels to meet long-term demand.
The fast-fashion retailer's first earnings report since going public disappointed investors, sending its Hong Kong-listed stock to a record low. The rocky debut continued Shein's difficult start as a publicly listed company.
The smart-ring maker said it was delaying its initial public offering because of market uncertainty. The postponement comes despite what the company described as strong demand for the listing.
Air-safety regulators will assess a possible safety risk before certifying the longest and final model of Boeing's bestselling jet. The new software issue delays approval of the 737 MAX 10.