Mexico's benchmark stock index closed higher on Friday, gaining 0.59% as strength in the industrial and consumer sectors offset declines in commodity markets. The Mexican peso also strengthened against the U.S. dollar.
The newspaper has filed a countersuit against the U.S. Equal Employment Opportunity Commission, claiming the agency's lawsuit over hiring practices is unconstitutional retaliation for its political reporting.
A U.S. bankruptcy judge has ruled that California cannot pursue monetary damages against the successor of 23andMe over a 2023 data breach, citing the terms of the company's Chapter 11 reorganization plan.
Energy company Holtec Nuclear Corporation has filed for a U.S. initial public offering to fund the development of its small modular reactors (SMRs). The firm plans to list on Nasdaq under the ticker 'HNUC'.
Meta Platforms has discontinued a new AI image generation tool just days after its launch, following significant criticism from users and Hollywood union SAG-AFTRA over its use of public Instagram photos without explicit user consent.
The U.S. Securities and Exchange Commission has issued updated guidance clarifying that activist investors must identify their clients in key regulatory filings. The move increases transparency in a secretive corner of financial markets and could impact how hedge funds finance their campaigns.
The Oregon attorney general's office has dropped its legal bid to temporarily block the proposed $110 billion merger of Paramount and Warner Bros., though the state says it is still considering its options amid wider antitrust scrutiny of the deal.
An internal memo reveals Meta Platforms plans to start manufacturing its custom AI chip in September as part of a major initiative to double its computing capacity and reduce reliance on external suppliers.
According to BofA Securities, the recent weakness in artificial intelligence stocks represents a normal market rotation driven by valuation concerns and macroeconomic shifts, rather than the beginning of a major collapse.
