Thursday, October 29, 2026
12 stories
Prosecutors have been feeling pressure to make progress on the president's priorities before Election Day. The Justice Department's push against the president's political foes has reached a higher gear.
Google, Meta and other tech firms are pushing back against broad ICE demands for user data as the federal agency scours platforms for immigration-related speech. The resistance comes as the companies seek to avoid scrutiny from Democrats.
Apple has spent years squeezing its chip suppliers on price and terms. The artificial-intelligence boom is now shifting the balance of power, helping those suppliers get even.
The once-storied law firm is shutting its doors. A series of high-profile partner defections and failed merger talks left the firm with few options.
Oil is gushing out of the Gulf, yet crude prices remain stubbornly above $100 a barrel. Stubbornly high prices at the pump have offered little hope for drivers looking for some relief.
The British energy major saw third-quarter earnings double and cash flow increase, driven by elevated oil and gas prices caused by the Middle East conflict. Shell will now launch a $5 billion share buyback.
The energy company, formed from the breakup of General Electric, is buying a high-voltage grid-equipment manufacturer for $9 billion. It said the acquisition will create scale across its electrification portfolio as energy demand grows.
Nelson Peltz's Trian Partners has offered $1.4 billion to take over Wendy's. The fast-food chain's shares have fallen roughly 70% over the past five years.
China's car industry is winning global markets, but domestic sales have plunged. The state-supported sector still hasn't had its needed shakeout — GM CEO Mary Barra says “there's a lot of sorting that's going to happen.”
Shares of Jio Platforms jumped in their trading debut. India's largest telecom operator raised over $3 billion in the country's biggest initial public offering.
Falling birthrates are squeezing school budgets and forcing communities to make tough trade-offs. The baby bust is reshaping what public schools can afford.
Vice President Vance has engaged Iran to revive peace talks. The outreach comes alongside a steady Fed on interest rates and the planned dissolution of law firm Weil Gotshal.