China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

New York Times - Nov 5, 2026

Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions.

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Australia's oldest department store David Jones folds after 188 years

Nov 5, 2026

Australia's oldest department store David Jones folds after 188 years

The brand's 38 physical stores and online site will continue to operate while receivers review its operations.

How Trump’s Energy Policies Helped Trigger Midterm Rout

Nov 5, 2026

How Trump’s Energy Policies Helped Trigger Midterm Rout

The war in Iran, efforts to promote fossil fuels and attacks on renewable energy contributed to higher prices for gas and electricity that drove voter discontent.

Interest rates expected to rise for first time in over three years

Nov 5, 2026

Interest rates expected to rise for first time in over three years

Most analysts are predicting an increase from 3.75% to 4%, the first increase in more than three years.

White House Delays Hearing on Fed Governor

Nov 4, 2026

White House Delays Hearing on Fed Governor

The administration pushed back a hearing for Lisa D. Cook, the Federal Reserve governor that President Trump has tried to fire, after her lawyers raised scheduling issues.

Trump Media’s Shares Fall to Record Low After Midterms

Nov 4, 2026

Trump Media’s Shares Fall to Record Low After Midterms

Trump Media & Technology Group’s stock plunged 24 percent a day after Democrats made huge gains in the midterm elections.

Elon Musk's millions failed to deliver Republican wins in fierce midterms

Nov 4, 2026

Elon Musk's millions failed to deliver Republican wins in fierce midterms

Musk spent nearly $500m in the 2026 US midterm elections, an individual election spending record.

Stocks Rise as Democrats Flip Control of Congress

Nov 4, 2026

Stocks Rise as Democrats Flip Control of Congress

Markets traded higher as investors foresaw gridlock in Washington, typically a bullish signal.

A Lawsuit Says the McRib Is Lacking Something You Might Expect It to Have

Nov 4, 2026

A Lawsuit Says the McRib Is Lacking Something You Might Expect It to Have

A judge in Chicago ruled that the class-action lawsuit could proceed.

CVS to Split Off Drugstore Business, Ending Its Bigger-Is-Better Era

Nov 4, 2026

CVS to Split Off Drugstore Business, Ending Its Bigger-Is-Better Era

In a breakup planned for 2028, CVS Health intends to keep together its insurance and pharmacy benefits divisions and create a separate company for its pharmacies.

SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas

Nov 4, 2026

SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas

The world’s richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.

Drone Boat Maker Saildrone Wins Protest Over Navy Contract

Nov 4, 2026

Drone Boat Maker Saildrone Wins Protest Over Navy Contract

A federal judge’s ruling on the side of the small defense contractor was a rarity, as most company protests against government bidding decisions do not prevail.

Kellogg's admits snap, crackle and pop is quieter after uproar over Rice Krispies recipe change

Nov 4, 2026

Kellogg's admits snap, crackle and pop is quieter after uproar over Rice Krispies recipe change

The cereal giant has changed the recipes for Rice Krispies and Coco Pops, sparking a backlash online.

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