Business
Wall Street ends down as US-Iran peace optimism fades
Wall Street indices retreated as fading US-Iran peace optimism pushed Brent crude up to $88.91 a barrel and stoked inflation anxiety ahead of the upcoming CPI report.
Corte Argentino recalls nearly 30,000 pounds of raw beef
Corte Argentino USA is recalling nearly 30,000 pounds of raw beef distributed in Florida and Texas after shipments bypassed mandatory federal reinspection.
Wall Street inches lower as tech drags, US-Iran peace optimism fades
Wall Street drifted lower as technology heavyweights dipped and optimism surrounding potential peace in the Middle East dissolved amid rising oil prices.
NERC dissolves Kaduna DisCo board over N456bn debt and defaults
The Nigerian Electricity Regulatory Commission has dissolved the board of Kaduna Electricity Distribution Plc over a mounting N456.5 billion debt and poor operational performance.
Meta glasses banned from courts in England and Wales
HMCTS has officially banned Meta smart glasses from all criminal, civil, and family courts in England and Wales to enforce strict anti-recording laws.
ANZ warns Sydney house prices face sharpest slump since 1983
ANZ economists forecast a 14.5 per cent peak-to-trough drop in Sydney house prices, driven by restrictive interest rates and federal tax policy changes.
Metro Petroleum servos raided in nationwide crackdown on illicit tobacco
Law enforcement agencies have raided over 100 Metro Petroleum service stations across six states and territories in a major crackdown on illicit tobacco and vaping products.
Trump Media reports $238m quarterly loss and drops crypto ventures
Trump Media posted a massive $238 million quarterly loss driven by crypto paper losses and falling user engagement, prompting a retreat from digital tokens.
Apple tests Chinese CXMT memory chips for iPhones amid global shortage
Apple is testing memory chips from Chinese supplier CXMT for its devices to address a global memory shortage driven by the AI boom, facing regulatory hurdles.
Andy Green attempts new land speed record in hydrogen car in Utah
Retired RAF fighter pilot Andy Green is returning to the Bonneville Salt Flats to pilot a 1,600-horsepower hydrogen car in a bid for a new land speed record.
ASX rises as investors await RBA interest rate decision
The Australian sharemarket advanced on Tuesday as investors braced for a pivotal Reserve Bank monetary policy decision and weighed mixed corporate earnings.
US stock market holds near its all-time high and crude oil prices rise
The U.S. stock market drifts near its all-time high while crude oil prices rise on uncertainty about when the Strait of Hormuz will reopen.
Taylor Farms recalls jalapeno products over salmonella concerns
Taylor Fresh Foods has voluntarily recalled ready-to-eat items containing jalapeño peppers across over two dozen states due to potential salmonella contamination.
Taylor Farms recalls 16 Texas products over salmonella concerns
Taylor Farms has recalled products containing fresh jalapeños linked to a multistate salmonella outbreak, adding to the company's recent lettuce recall woes.
Zuckerberg spokesperson says his yacht did not hear call for maritime assist
A spokesperson for Mark Zuckerberg explains why his 387-foot yacht failed to respond to a Coast Guard request to tow a stranded vessel off the coast of Alaska.
Enterprise AI investments fail to drive growth as commoditized models trigger convergence trap
Enterprise investments are failing to drive growth as commoditized models create an agentic convergence trap, leaving 95% of firms with no financial gain.
Taylor Farms recalls jalapeño salsa and guacamole over salmonella risk
Taylor Farms has issued a voluntary recall for over a dozen salsa and guacamole products distributed across 26 states following a multistate salmonella outbreak linked to Mexican jalapeños.
Tim Hortons Employee Cleared of Charges in Death of 75-Year-Old Customer
Prosecutors in Indiana have declined to file criminal charges against a Tim Hortons shift manager following a physical altercation with a customer.
Meta launches Muse Glimmer AI model as Zuckerberg demands lower US barriers
Meta has unveiled its new Muse Glimmer AI model designed to run on personal devices, while CEO Mark Zuckerberg calls for US policy shifts to compete with Chinese rivals.
Airservices Australia CEO summoned after Sydney Airport tarmac near-miss
Airservices Australia CEO Rob Sharp faced government scrutiny following a dangerous tarmac near-miss at Sydney Airport that injured a crew member.