Thursday, October 8, 2026
14 stories
Oil majors are cutting production in the Gulf of Mexico as Hurricane Isaias strengthens. Chevron, Shell and Harbour Energy have begun curbing output and evacuating personnel from offshore facilities as the region braces for the storm.
A measles outbreak in Pennsylvania is now the biggest in the U.S. in 35 years. Cases in the state have surpassed a prior record, as falling vaccination rates have fueled the disease's rapid spread.
Federal Reserve minutes show no urgency for an October rate hike. The Journal also notes that bond yields are surging everywhere except in China.
Oracle, Broadcom and SpaceX are seeking blockbuster debt deals to pay for AI chips. Apollo, Blackstone and Goldman Sachs are among the lenders in talks to finance megadeals worth tens of billions of dollars apiece.
Samsung expects its operating profit to exceed $80 billion for the first time. The memory giant remains a key beneficiary of global demand for advanced chips, as companies invest heavily in AI infrastructure and applications.
President Trump's tariffs have put a spotlight on forced labor, and it isn't going away. His use of forced-labor concerns to resurrect the tariffs faces a Democratic-led legal challenge, but America's trade partners are toughening up their own laws either way.
The U.S. trade deficit widened as the data-center build-out boosted imports. The expansion of data centers is driving import growth.
Canada's Weston family will buy British pharmacy chain Boots for $8.9 billion. The deal covers Boots' retail operations in the U.K. and Ireland, the Boots Opticians chain, No7 Beauty Co., and its Thailand and franchised businesses.
U.K. regulators are ready to green-light the $4 billion ATM tie-up between Brink's and NCR Atleos. Authorities said Brink's offer to sell off some parts of its business should address concerns over the ATM operator's planned acquisition of its rival.
PepsiCo posted higher profit and sales as its turnaround continues. The snacks and soda maker reported fiscal third-quarter profit of $3.05 billion, or $2.23 a share, compared with $2.6 billion, or $1.90 a share, a year earlier.
Quantum-computing startup Oratomic is now worth $5.4 billion after its Series B funding. It raised $475 million just three months after its Series A — the latest sign of growing investor enthusiasm for the nascent technology.
Rogue pilots have become one of the biggest threats to airline safety. The FlyDubai security case spotlights the industry's struggle with deliberate pilot crashes, which has brought attention to cockpit technology and mental health.
Text messages show Kimberly Guilfoyle pushing a donor to wire $100,000 to her Amex account. The messages with a MAGA ally show her seeking funds and offering access to top administration officials before she became ambassador to Greece.
American fire departments are short on people, and AI might be the answer. Volunteer firefighters are crucial to public safety in the U.S., but their numbers have dropped dramatically.