Business News

Business

Trump Denies Stellantis Chairman's Alleged Request for Auto Tariff Pause in Oval Office Meeting

President Donald Trump met with Stellantis Chairman John Elkann, discussing environmental issues rather than auto tariffs, and suggested a return to 2020 environmental standards.

Business

Intel's New Era: CEO Lip-Bu Tan Unveils AI-Driven Strategy in Visionary Keynote Debut

Intel CEO Lip-Bu Tan outlines a strategic shift towards AI and custom silicon in his keynote debut, focusing on spinning off non-core businesses and building a broad AI ecosystem.

Business

SpaceX's Falcon 9 Successfully Launches 28 Starlink Satellites into Orbit

SpaceX launched 28 Starlink satellites into low-Earth orbit using a Falcon 9 rocket from Cape Canaveral. The first-stage booster successfully landed on an autonomous droneship, mar...

Business

Intel's New CEO Eager to Collaborate with Trump Administration on Tech Leadership

Intel Corp.'s CEO Lip-Bu Tan expresses eagerness to work with the Trump administration to strengthen U.S. technology and manufacturing leadership, while committing to Intel's engin...

Business

OpenAI Set to Unveil Groundbreaking Open-Weight Language Model with Enhanced Reasoning

OpenAI announces the upcoming release of a powerful open-weight language model with enhanced reasoning capabilities. The model will be evaluated thoroughly before release, with add...

Business

L3Harris Secures a Groundbreaking €1 Billion Deal with the Netherlands for Advanced Military Communications

L3Harris Technologies announces a €1 billion deal with the Dutch Defense Ministry to supply advanced Falcon IV radios, enhancing military communications and interoperability with N...

Business

Indraprastha Gas Ltd Ventures into Solar Energy with a $206.6 Million Investment in Rajasthan

Indraprastha Gas Ltd (IGL) is diversifying into renewable energy with a Rs 2,066 crore investment in a solar power project in Rajasthan, in partnership with RVUNL. This move aligns...

Business

OpenAI Faces $10 Billion Funding Cut Unless It Shifts to For-Profit by Year's End

OpenAI risks losing $10 billion in funding unless it transitions to a for-profit model by year-end, with SoftBank ready to cut its investment. The deal, involving Microsoft and tie...