Tuesday, October 27, 2026
14 stories
A judge has ordered the Trump administration not to cut down more trees on a Washington, D.C., golf course, in a legal fight over the president's renovation plan. The order also requires the government to give notice before closing or altering the property. The ruling puts a check on the renovation work while the dispute continues.
The Justice Department has brought a third attempted prosecution against former FBI director James Comey, this time alleging he leaked national-defense information a decade ago. The new charge adds another chapter to the long-running legal clash between Comey and the administration. It comes after earlier prosecutions failed to stick.
A judge has ruled that Maurene Comey, the daughter of former FBI director James Comey, was unlawfully fired from her job as a federal prosecutor. She had accused the administration of improperly targeting her because of her father's criticism of President Trump. The ruling is a rebuke of the dismissal and could open the door to further legal remedies.
Local votes in the midterm elections could reshape the future of the data-center industry, with new moratoriums and restrictions on the table in four key places. Such limits would threaten a sector that is powering the artificial-intelligence boom. The outcome will help decide where the next wave of AI infrastructure gets built.
Harley-Davidson's electric-motorcycle spinoff LiveWire is in trouble, with its chief executive departed and a restructuring officer now in charge. Losses have mounted at the once-hyped venture, casting doubt on the company's electric ambitions. The setback shows how hard it has been for legacy brands to reinvent themselves for the electric era.
Anthropic's debt financing came down to a last-minute scramble before the deal could be saved, according to an inside account of the negotiations. The episode underscores how high the stakes have become in funding the AI industry's rapid expansion. It also comes as Microsoft and Skydance turn to voluntary departures to shrink their workforces.
Microsoft is offering buyouts to about 60,000 employees in the U.S., U.K., Canada and India, framing the departures as voluntary rather than layoffs. Skydance is pursuing a similar voluntary-exit approach as both companies look to trim their workforces. The moves show how even thriving tech giants are quietly reshaping their staffs.
The Trump administration's 50% tariff on aluminum has exposed how dependent American industry is on Canadian supply, especially smelters in Quebec that run on cheap hydroelectric power. Prices for American manufacturers have climbed as a result. The episode illustrates how tariffs can raise costs for the very industries they are meant to protect.
A majority of Iveco shareholders have tendered their shares in support of Tata Motors' proposed takeover of the Italian truck maker. The deal values Iveco at around $4.36 billion and clears a major hurdle for the acquisition. It marks a significant expansion for Tata in the European commercial-vehicle market.
The founders of Ben & Jerry's have been exploring a deal to separate the ice-cream brand from Magnum, the company spun out of Unilever. Magnum is resisting the idea and has said Ben & Jerry's is not for sale. The standoff reflects the long-running tension between the brand's founders and its corporate owners.
An affiliate of Bon Secours is set to acquire Surgery Partners in a $5.7 billion deal that will take the company private. Surgery Partners, backed by Bain Capital, operates ambulatory surgery centers, surgical hospitals and physician partnerships. The deal is the latest sign of consolidation in the outpatient-care business.
DoorDash is in advanced talks to buy delivery rival Instacart in a deal that could be completed as soon as this week and value Instacart at around $17 billion. A combination would reshape the food- and grocery-delivery landscape. It would bring together two of the largest players in on-demand delivery.
UPS has raised its full-year outlook as revenue climbed, now expecting adjusted earnings of $7.28 a share, up from a prior forecast of $7.22. The new forecast also tops the $7.19 a share analysts had expected. The stronger outlook suggests the delivery giant is finding its footing after a difficult stretch.
Meta plans to raise up to $95 billion to help fund its massive investments in artificial-intelligence infrastructure and its push toward personal superintelligence. The financing plan shows the staggering scale of spending now required to compete in AI. It also signals that even the largest tech companies are leaning on outside capital to keep building.