Saturday, October 17, 2026
14 stories
Katie Zacharia is out as White House press secretary just a week after her appointment, and will move to a new role that has not yet been announced. The abrupt exit ends one of the shortest press-secretary tenures in recent memory.
Rep. Ilhan Omar's lawyers pushed back against the recent search of her Washington residence, asking federal prosecutors to return the items seized this week. The letter marks her latest move to contest the investigation publicly.
A federal judge threw out the Trump administration's lawsuit seeking to block New York City's sanctuary laws, a ruling that strengthens Mayor Zohran Mamdani's push to curb ICE operations in the city. The decision is a setback for the White House's broader campaign to expand federal control over immigration enforcement.
The immigration crackdown is deepening a labor shortage in home building, an industry that relies heavily on foreign-born workers. Projects are freezing and costs are rising, adding pressure to an already strained housing market.
New York City Comptroller Mark Levine, a Jewish Democrat, defended his office's decision not to invest in Israeli bonds, saying the call rested on financial analysis rather than politics. The move has drawn attention amid the city's charged debate over Israel policy.
The cybersecurity firm Proofpoint, owned by Thoma Bravo, agreed to buy data-security company Varonis for about $6.3 billion. The deal is aimed at expanding Proofpoint's data-security business as AI reshapes how companies access corporate information.
France and Germany struck a deal to protect Europe's struggling auto sector, including more flexibility on decarbonization rules. The agreement reflects growing pressure on European carmakers as competition from China intensifies.
Pepsi's problems may run deeper than a few weak brands, according to a Journal analysis: the company needs fundamental change, not small fixes. The warning comes as PepsiCo struggles to revive its signature soft-drink sales.
KFC will switch from Pepsi to Coca-Cola at thousands of U.S. restaurants, dealing PepsiCo another setback in its fight to revive its flagship drinks. The move puts a marquee fast-food account in Coke's hands.
Netflix replaced its content chief, with Peter Rice, a former Fox and Disney executive, taking over from Bela Bajaria. The leadership shake-up comes as the streamer struggles to keep viewers engaged.
DHL Group raised its 2026 outlook after upbeat earnings and a strong forecast for peak season, now expecting earnings before interest and taxes to surpass $7.86 billion. The upgrade signals confidence in global shipping demand.
Hermès is using Zip Code data to find pockets of growing affluence in the American suburbs, treating them as its next growth market. The French luxury brand is betting that suburban wealth can keep its momentum going.
Oil prices rose as Ukraine renewed attacks on Russian refineries, compounding concerns about Middle East supply risks and market uncertainty. The move added fresh upward pressure to energy markets.
Driverless 18-wheelers are now running on Texas interstates, handling nearly everything a human truck driver does — except honking. Their polite driving is becoming a talking point in the rollout of autonomous freight.