Thursday, October 1, 2026
14 stories
Authorities in the United Arab Emirates said they would examine whether "terrorist activity" played any role in an attack involving a FlyDubai aircraft. The announcement came as questions swirled over what happened on the flight.
Citadel CEO Ken Griffin's gift will launch a Carnegie Mellon University campus in Miami, the largest-ever donation to higher education in U.S. history. The campus gives the Pittsburgh-based school a foothold in one of the country's fastest-growing tech and finance hubs.
The top 0.1% of households are worth about $28 trillion, roughly 15% of the nation's total wealth, with average wealth above $200 million per household. The gap between the merely rich and the ultra-rich keeps widening.
Shifting air currents from this year's El Nino have been blocking Atlantic storms before they can form, or shredding the ones that do. The result is an unusually quiet hurricane season for a basin that usually produces several major storms.
Huawei and other Chinese rivals reported stronger demand for foldable phones after Apple announced its iPhone Duo. China, the world's biggest foldable market, will be the decisive battleground for Apple's entry into the category.
Dozens of Iranian or Iranian-linked tankers are drifting in Asian waters after the U.S. threatened sanctions against any country or company that helps them. The pressure campaign is aimed at choking off Iran's oil revenues.
Micron said the memory-chip shortage fueling its explosive growth shows no sign of easing, with the crunch expected to last through 2028. The company posted surging profit and revenue on strong AI-driven demand for memory.
Nvidia's Jensen Huang was among the tech executives at a White House event who pushed back on Anthropic CEO Dario Amodei for his warnings about AI capabilities. The exchange highlighted a growing split inside the industry over how publicly to sound the alarm.
After scrapping a Maryland data-center deal, Amazon will instead help expand power generation at Constellation Energy's Calvert Cliffs nuclear plant and explore adding new reactors there. It is the latest big-tech move to secure nuclear power for AI data centers.
The Navy awarded Boeing a contract worth more than $20 billion to build its next-generation F/A-XX fighter jet. The win adds to a string of recent defense contracts for the company's military business.
Fragile AI sentiment and higher borrowing costs dampened merger-and-acquisition activity in the third quarter, according to Mergermarket data. But giant AI deals mean 2026 is still on track to be the second-highest-volume year for global M&A ever.
A judge approved Paramount's settlement with 12 states, led by California, clearing the way for the company's $81 billion acquisition of Warner Bros. Discovery. The deal will create one of Hollywood's largest studio combinations.
Ranking Democratic senators on the foreign relations, energy, banking and armed services committees are challenging a Venezuela oil deal crafted by top Trump officials. They are pressing for answers on how the Pentagon-brokered arrangement was reached.
A drug combination studied in people with Type 2 diabetes lowered blood sugar and helped participants lose even more weight than with Zepbound alone. Lilly's next-generation approach builds on the blockbuster success of its current obesity drug.