U.A.E.'s Adnoc Gas to Invest More Than $8 Billion in Expansion Push
Plan to boost production comes after OPEC exit earlier this year frees state-owned Adnoc of cartel's restrictions.
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Apple Tests Chinese Memory Chips as Supply Squeeze Bites
The iPhone maker has held early talks with China's CXMT, but any deal would be politically sensitive.
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Treasury Wine Could Exit U.S. After Fresh Write-Downs
Treasury Wine Estates could consider quitting the U.S. after the Australian producer announced almost $395 million in fresh impairments in response to global consumers' reduced appetite.
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Taylor Farms Recalls Products With Jalapeños Implicated in Salmonella Outbreak
The produce supplier said it was removing certain products including guacamoles and salsas from grocery shelves over concerns of salmonella contamination.
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Data-Center Backlash Leads to a New Land Rush in the Texas Oil Patch
Big landowners in the Permian Basin are aiming to capitalize on Nimby rebellion against AI projects around the U.S.
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This Billionaire Became China's Charles Schwab. Then Beijing Cracked Down.
Leaf Li's brokerage has become a central target in Beijing's push to control the flow of Chinese money offshore.
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U.S. Consumer Brands Say Chicken, Soap and Snacks Are Selling Better Overseas
Major packaged-goods companies, retailers and food makers are seeing substantial increases in overseas revenue that are outpacing slowing domestic sales.
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Berkshire Operating Earnings Rise 16% in Second Quarter. Buybacks Hit $4.5 Billion.
The $13 billion figure shows the strength of the company's railroad, energy and manufacturing, service, and retailing units.
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Situational Awareness Bets $400 Million on Stealth Chip Startup After Crash
AI-battered hedge fund Situational Awareness made a big bet this week in Source Foundry, a private company aiming to reinvent the way chips are manufactured.
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The Wild History of the Russian Online Retail Giant Being Bombarded by Ukraine
During two decades of rapid growth, Wildberries has established itself at the intersection of business and power in Russia.
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OpenAI Pauses Some Work on New AI Model Over Cybersecurity Concerns
The decision reflects internal findings that the upcoming "Astra" model may possess "critical cyber capabilities" and follows a string of AI-testing incidents.
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Ford Plans a Four-Door Version of Mustang
The design would be a first for the automaker's "pony car" and possibly broaden its consumer appeal.
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Shopping App Whatnot Valued at $20 Billion in New Funding
Whatnot, a fast-growing live-shopping platform, has nearly doubled its valuation in less than a year.
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Trump Administration to Award $2 Billion to Battery, Materials Companies
The deals add to a Pentagon funding spree to reduce U.S. dependence on China.
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Singapore Billionaire Sues Brookfield for Allegedly Aborting Planned Real-Estate Joint Venture
Lim Chap Huat, executive chairman of Singaporean real-estate firm Soilbuild Group Holdings, alleges that Brookfield usurped a property deal that the New York-based asset manager had originally pitched as a collaboration with Soilbuild.
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Wonder Takes a Gamble on Robots, Drones and AI-Generated Menus
Wonder is infusing automation into everything, from cooking and delivery to menu creation, with the goal to help its food halls lower prices enough to compete with restaurant takeout and even grocery stores.
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'Spider-Man' Will Boost Hollywood's Summer Box Office Sales Past $4 Billion
The movie industry is tracking a record summer at the theaters, trailing 2013's record domestic ticket sales by just $770 million with more weeks left to catch up.
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