Friday, October 16, 2026
13 stories
Three children and one teacher were killed in a shooting at an elementary school in Oregon. Police said the suspected shooter was a 16-year-old, who was shot and killed by a community member.
President Trump has scrapped plans to livestream the execution of the Fort Hood shooter. The reversal came after Defense Secretary Pete Hegseth had approved the livestream and the move drew a public backlash.
The Justice Department is suing California to stop ballots from about 20,000 voters it says may not be citizens. The lawsuit comes as the administration moves to expand federal control over elections.
The FBI is investigating letters containing an unknown substance that were mailed to state election offices and related locations. The bureau confirmed the letters appear to have been sent across the country.
Tesla's long-delayed Roadster sports car is finally taking flight after nearly ten years of setbacks. The launch will test whether American buyers still want a high-end electric sports car — and whether Tesla's own thesis about it holds.
AI agents are inserting themselves between businesses and customers, creating new problems for e-commerce sellers caught in the middle. The agents are changing how transactions happen online, and merchants are struggling to adapt.
SpaceX's Starshield network provides secure satellite communications for governments, in forms ranging from encrypted links to dedicated constellations — including services vital to Ukraine's war effort. The story asks how the system works, and who actually controls it.
Penske Automotive Group has agreed to go private in a deal with its biggest investors, the Penske organization and Mitsui, for about $4 billion. The transportation-services company is the latest big auto name to leave the public markets.
Canada's Fairfax Financial is buying a majority stake in IDBI Bank for about $5.43 billion. The deal deepens Fairfax's bet on India's fast-growing financial services industry.
Berkshire Hathaway has built a 4% stake in Bending Spoons, the Milan-based tech company, with a fresh $330 million investment on top of $600 million it put into the July IPO. The bet puts Berkshire's name behind a European consumer-software player.
Schneider Electric raised its outlook again after data-center demand more than doubled, driving revenue to what it called a record high for any quarter. The company expects that demand to stay strong into the fourth quarter.
Asian stocks rebounded on Friday after a technology selloff driven by worries about the artificial-intelligence trade. Investors bought the dip, following gains on Wall Street.
Oil prices fell as traders weighed the International Energy Agency's plans to speed up emergency oil-stock releases against Middle East supply risks. Uncertainty over shipping through the Strait of Hormuz kept the market on edge.