The New York Times has filed a countersuit against the U.S. Equal Employment Opportunity Commission, claiming the agency's recent lawsuit over hiring practices is an act of illegal retaliation for the newspaper's coverage of the agency.
Ukrainian President Volodymyr Zelenskiy has announced the creation of a new military command dedicated to long-range strikes, formalizing a campaign that has already disrupted Russian energy production and key export routes.
Blank check company Mercator Acquisition Corp. has closed its initial public offering on the Nasdaq, raising $172.5 million in gross proceeds. The company plans to target technology and software firms in the financial services, real estate, and asset management sectors.
Shares of The Cheesecake Factory surged as much as 7% to a new intraday record on Friday after a Citi analyst raised the price target to a Wall Street high of $90, citing optimism over the company's new rewards program.
The ratings agency cited a significant turnaround in the profitability of Prosus's e-commerce portfolio and growing dividend income as key drivers for the improved outlook, while affirming the company's Baa2 rating.
The head of the leading AI memory chipmaker predicts that surging demand, primarily for AI applications, will create an unprecedented supply crunch in 2027 and that demand will outstrip production capacity beyond 2030.
The Canadian dollar, or loonie, strengthened against the U.S. dollar after Canada's economy added 18,200 jobs in June, far exceeding analyst forecasts and signaling a potential economic rebound.
Crypto payment gateway NOWPayments has introduced a new infrastructure allowing businesses to send mass crypto payouts via email, aiming to eliminate blockchain network fees and reduce operational costs.
The Dutch benchmark AEX index edged up 0.08% to close at a new all-time high on Friday, as gains in materials and industrial stocks offset declines in major technology names.
