US Business

“Health is kind of the new wealth in China,” said one athletic apparel executive.

As the global benchmark topped $100, stocks slumped and Treasury yields hit their highest levels of President Trump’s second term.

Plus, oil prices hit $100 a barrel, and corporate retreats are becoming more like a kid’s birthday party.

Shares of the EV company tumble 15% after disappointing quarterly results, and the rocket maker is off 50% from its highs.

California’s Port of Long Beach is considering the construction of a reactor to meet its growing need for electricity.

The closing of the chokepoints at Hormuz, Bab al-Mandeb and the Black Sea collectively imperils roughly a quarter of the world’s oil supply.

The Swiss company agreed with Platinum Equity to create a joint venture as part of a deal that is expected to close in the first half of 2027.

The French bank—Europe’s largest by assets—said net profit surged by a third on year, ahead of analysts’ estimates provided by the company.

Viewed by corporate America as hostile to their interests, she will work with another Mamdani appointee seen by business leaders as more of an ally.

Arvind Krishna says the enterprise tech giant’s mindset still has ties to massive licensing deals of the past.