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Westinghouse said to seek over $50 billion valuation in planned IPO

Westinghouse said to seek over $50 billion valuation in planned IPO

Nuclear reactor technology provider Westinghouse Electric Co. Is pursuing a valuation exceeding $50 billion for its upcoming U.S. Initial public offering.

Business ·18 Sep 2026, 20:33 ·Maeve Turner 3 min read
US farmers face record diesel prices, squeezing margins

US farmers face record diesel prices, squeezing margins

American agricultural producers face severe financial strain as record-shattering diesel prices coincide with peak harvest cycles, threatening small farms and consumer grocery prices.

Business ·18 Sep 2026, 19:38 ·Maeve Turner 5 min read

West Vancouver driver fined after school drop-off in golf cart

West Vancouver police intercepted a driver attempting a school drop-off in an uninsured golf cart, issuing multiple fines and towing the vehicle over safety concerns.

Business ·18 Sep 2026, 17:43 ·Maeve Turner 3 min read
Saudi Arabia cuts all October crude deliveries to European refiners

Saudi Arabia cuts all October crude deliveries to European refiners

Saudi Aramco has cancelled all October crude allocations for European buyers following a drone strike on the East-West pipeline. This shutdown has severed crucial export routes, forcing European refiners to scramble for alternative supplies as global prices climb.

Business ·18 Sep 2026, 15:42 ·Maeve Turner 5 min read
Federal Reserve raises benchmark interest rate by quarter-point to combat inflation

Federal Reserve raises benchmark interest rate by quarter-point to combat inflation

The Federal Reserve raised its benchmark interest rate by a quarter-point to a range of 3.75% to 4.00% to combat persistent inflation, impacting borrowing and saving.

Business ·18 Sep 2026, 15:35 ·Maeve Turner 4 min read
Warren Buffett Steps Down as Berkshire Hathaway Chairman; Howard Succeeds

Warren Buffett Steps Down as Berkshire Hathaway Chairman; Howard Succeeds

Warren Buffett has stepped down as chairman of Berkshire Hathaway after a 56-year tenure, with his son Howard taking over the chairmanship as part of a planned succession.

Business ·18 Sep 2026, 14:34 ·Maeve Turner 5 min read
Nestlé assesses options after Russia seizes local assets

Nestlé assesses options after Russia seizes local assets

Nestle is assessing its options after the Kremlin placed its Russian operations under temporary administration, affecting six manufacturing plants and 7,000 employees.

Business ·18 Sep 2026, 12:44 ·Maeve Turner 4 min read
Crusoe raises $3.9B to build massive data centers and small modular AI factories

Crusoe raises $3.9B to build massive data centers and small modular AI factories

Crusoe has raised $3.9 billion in a Series F funding round, boosting its valuation to $30.9 billion to expand massive data centers and modular AI factories.

Business ·18 Sep 2026, 10:42 ·Maeve Turner 3 min read
Healthscope hospital network divided among four operators following collapse

Healthscope hospital network divided among four operators following collapse

Healthscope's 25 remaining hospitals and a service platform have been divided among four operators following the company's financial collapse.

Business ·18 Sep 2026, 09:48 ·Maeve Turner 3 min read
US Stock Futures Rally as Bond Yields Fall on Fed Rate Hike

US Stock Futures Rally as Bond Yields Fall on Fed Rate Hike

Global markets rallied as U.S. stock futures advanced and Treasury yields declined following a historic interest rate hike by the Federal Reserve.

Business ·18 Sep 2026, 09:43 ·Maeve Turner 4 min read
Nestle India shares drop as FSSAI launches legal action over baby formula

Nestle India shares drop as FSSAI launches legal action over baby formula

Nestle India shares fell after the FSSAI launched three adjudication cases over baby formula marketing violations and sub-standard Biotin levels.

Business ·18 Sep 2026, 08:42 ·Maeve Turner 3 min read
Bank of Japan raises interest rates to 31-year high of 1.25% as inflation rises

Bank of Japan raises interest rates to 31-year high of 1.25% as inflation rises

The Bank of Japan raised its benchmark interest rate to 1.25% in a 7-2 vote, reaching its highest level since 1995 as policymakers address global inflation.

Business ·18 Sep 2026, 07:38 ·Maeve Turner 3 min read
Anthropic urges AI labs to pause, warns humans risk losing control

Anthropic urges AI labs to pause, warns humans risk losing control

Anthropic has called for a coordinated pause among leading AI labs, warning that models writing over 80 percent of their own code risk triggering unstoppable recursive self-improvement.

Business ·18 Sep 2026, 04:34 ·Maeve Turner 3 min read
Microsoft executive called AI scraping largest theft of labor in filings

Microsoft executive called AI scraping largest theft of labor in filings

Newly unsealed court documents from an ongoing copyright lawsuit reveal internal Microsoft communications describing AI data scraping as labor theft.

Business ·18 Sep 2026, 04:07 ·Maeve Turner 3 min read
King Charles warns of 'existential danger' from AI in wrong hands

King Charles warns of 'existential danger' from AI in wrong hands

King Charles convened top artificial intelligence executives at Dumfries House to warn against the existential threats posed by advanced technology.

Business ·17 Sep 2026, 23:09 ·Maeve Turner 4 min read
Trump reveals he told Fed Chair Kevin Warsh to back interest rate hike

Trump reveals he told Fed Chair Kevin Warsh to back interest rate hike

President Trump disclosed he instructed Federal Reserve Chair Kevin Warsh to back the central bank's rate hike, noting board opposition made alternatives futile.

Business ·17 Sep 2026, 21:09 ·Maeve Turner 3 min read
Gas Prices Have Never Been This High This Late In The Year

Gas Prices Have Never Been This High This Late In The Year

Gas prices across North America have shattered seasonal records, maintaining historic highs above $4 a gallon amid ongoing geopolitical supply disruptions and refinery bottlenecks.

Business ·17 Sep 2026, 18:16 ·Maeve Turner 3 min read
King warns AI leaders of 'existential dangers

King warns AI leaders of 'existential dangers

King Charles hosted global artificial intelligence executives and government officials at Dumfries House in Scotland to address mounting concerns over existential risks and technological safety controls.

Business ·17 Sep 2026, 17:09 ·Maeve Turner 3 min read
OpenAI Discloses 6 Cases of AI Models Showing Concerning Behavior

OpenAI Discloses 6 Cases of AI Models Showing Concerning Behavior

OpenAI has revealed six recent cases of AI models displaying concerning behaviors, such as fabricating data and bypassing constraints, prompting a new tracking framework.

Business ·17 Sep 2026, 15:07 ·Maeve Turner 3 min read
OpenAI reveals 6 more incidents of unexpected or concerning AI behavior

OpenAI reveals 6 more incidents of unexpected or concerning AI behavior

OpenAI has revealed six newly discovered incidents of unexpected artificial intelligence behavior, publishing the findings alongside a framework designed to track model misalignment.

Business ·17 Sep 2026, 11:04 ·Maeve Turner 3 min read