Breaking 09:30 Meta faces nearly $1 billion penalty over alleged harm to young users in the United States 09:00 Amazon builds massive Texas gas power plant to fuel AI data centers 08:30 Delaware judge orders Verisk to pursue $2.35 billion AccuLynx acquisition 21:00 Federal Reserve faces market test as rate hike expectations and inflation pressures grow 18:15 OpenAI Removes Text Chat Limits for Free ChatGPT Users 17:47 Trump says administration’s record will help Republicans in U.S. midterm elections 17:30 Federal appeals court halts White House ballroom project backed by Donald Trump 16:45 Morgan Stanley strengthens industrials banking team with senior Bank of America hire 16:01 Trump warns Senate rules debate could reshape future Republican presidencies 15:16 Canada weighs trade concessions as talks with US focus on tariff relief 14:45 Texas Stock Exchange seeks to challenge Wall Street with a new trading platform 14:10 TikTok restructures U.S. operations with Nashville office closure and workforce reduction 13:49 Ford unveils affordable Fathom electric pickup to challenge Tesla and BYD 13:30 Toronto stock futures advance as investors await Canada and US employment reports 12:58 Proposed Strait of Hormuz shipping framework faces sanctions and insurance challenges 12:42 UN chief urges renewed nuclear arms control dialogue between the United States and Russia 12:20 Google reshapes its AI division to strengthen competition with OpenAI 11:11 Google Maps evolves into an AI-powered personal assistant 10:54 Republican opposition to Todd Blanche grows ahead of attorney general confirmation vote 10:16 Global markets remain on high alert despite the summer slowdown 10:00 Google Cloud partners with Mirendil to advance self-improving artificial intelligence 09:47 Trump signs executive order targeting birth tourism in the United States

Delaware judge orders Verisk to pursue $2.35 billion AccuLynx acquisition

A Delaware judge has ordered Verisk to move forward with its proposed $2.35 billion acquisition of AccuLynx, reviving a transaction the data analytics company abandoned more than seven months ago following a prolonged regulatory review. The ruling represents a significant setback for Verisk, which had argued that it was entitled to terminate......

Federal Reserve faces market test as rate hike expectations and inflation pressures grow

Federal Reserve Chair Kevin Warsh is facing growing pressure as investors closely monitor the U.S. central bank’s next policy decisions amid persistent inflation and rising expectations of additional interest rate increases. Financial markets have become increasingly sensitive to the Federal Reserve’s communication strategy, with......

OpenAI Removes Text Chat Limits for Free ChatGPT Users

OpenAI has announced a major update to ChatGPT by removing limits on text-based conversations for users of the free version and subscribers to the Go plan. The change, which will be introduced in the coming days, is designed to make artificial intelligence more accessible and improve the overall user experience. The update introduces GPT-5.6......

Trump says administration’s record will help Republicans in U.S. midterm elections

U.S. President Donald Trump has expressed confidence that the Republican Party will perform strongly in the upcoming congressional midterm elections, arguing that his administration’s record on the economy and domestic policy will strengthen the party’s electoral prospects despite historical voting patterns. Speaking in a recent......

Federal appeals court halts White House ballroom project backed by Donald Trump

A U.S. federal appeals court has upheld a suspension of construction work on the proposed White House ballroom championed by President Donald Trump, ruling that the project cannot proceed without the required congressional authorization. The decision represents a legal setback for the administration's plan to add a large ceremonial venue......

Morgan Stanley strengthens industrials banking team with senior Bank of America hire

Morgan Stanley is expanding its investment banking capabilities in the industrial sector by recruiting veteran banker Adam Kweskin from Bank of America, reinforcing its advisory platform in a market where infrastructure and industrial investment remain strategic priorities. The appointment reflects continued competition among global investment......

Trump warns Senate rules debate could reshape future Republican presidencies

Former U.S. President Donald Trump has warned that changes to long-standing Senate procedures could significantly alter the balance of American politics, arguing that the Republican Party's future could be at risk if Democrats gain greater legislative control. Speaking in a recent interview, Trump suggested that he could become the last......

Canada weighs trade concessions as talks with US focus on tariff relief

Canada and the United States are reportedly exploring a potential trade arrangement that could see Ottawa accept a series of U.S. trade demands in exchange for reduced sector-specific tariffs, signaling a new phase in bilateral economic negotiations. According to reports citing sources familiar with the discussions, the proposed framework......

Texas Stock Exchange seeks to challenge Wall Street with a new trading platform

The Texas Stock Exchange (TXSE) has officially launched its operations, marking a significant step toward increasing competition in the U.S. capital markets. Based in Dallas, the new exchange aims to provide companies and investors with an alternative to the long-established New York Stock Exchange (NYSE) and Nasdaq, which have dominated equity......

TikTok restructures U.S. operations with Nashville office closure and workforce reduction

TikTok has announced another phase of its restructuring efforts in the United States, including the closure of its Nashville, Tennessee office and the reduction of approximately 250 jobs. The move is part of a broader strategy to streamline operations, improve efficiency, and adapt to a rapidly changing regulatory and business environment. According......

Ford unveils affordable Fathom electric pickup to challenge Tesla and BYD

Ford Motor Company has introduced plans for a new affordable electric pickup truck called Fathom, signaling a major step in its strategy to expand its presence in the rapidly growing electric vehicle market. The new model is designed to appeal to budget-conscious buyers while strengthening Ford's position against competitors such as Tesla......

Toronto stock futures advance as investors await Canada and US employment reports

Canadian equity futures moved higher on Friday as investors prepared for a series of closely watched economic releases expected to shape expectations for monetary policy in both Canada and the United States. September futures linked to the S&P/TSX Composite Index posted modest gains ahead of the release of Canadian employment figures......

Proposed Strait of Hormuz shipping framework faces sanctions and insurance challenges

A proposed framework to regulate commercial shipping through the Strait of Hormuz is facing significant challenges as international sanctions, insurance restrictions, and financial regulations complicate efforts to implement new maritime arrangements. Industry sources say discussions involving Iran and Oman have highlighted the complexity......

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