Emily Parker

May 19, 2026

Blackstone faces heavier BCRED redemptions in Q1

Investor cash demands rise in a key private credit fund Blackstone’s retail oriented private credit franchise ran into a tougher liquidity test in the first quarter, as clients asked to withdraw more

meta-links-layoffs-to-rising-ai-spending

Business

June 3, 2026

Meta Links Layoffs To Rising AI Spending

Zuckerberg Addresses Workforce Cuts Meta Chief Executive Mark Zuckerberg told employees that the company’s planned layoffs are linked to rising capital spending on artificial intelligence infrastructure. Speaking at a company town hall

Toyota lifts Toyota Industries offer amid activist pressure

Revised bid secures Elliott support but debate continues Toyota Motor has increased

Salesforce Cuts More Jobs Amid AI Push

New layoffs hit several business units Salesforce has carried out another round

Netflix buys InterPositive, Ben Affleck’s AI film startup

Deal signals a shift toward AI tools inside production Netflix said it has acquired InterPositive, a filmmaking technology company founded by Academy Award winner

May 19, 2026

Business

Gulf states seek Ukraine help to counter Shahed drones

Kyiv fields requests from U.S. and regional partners Ukraine is being asked to share its experience defending against Iran’s Shahed drones as the same

May 19, 2026

International

Mass evacuation order hits Beirut suburbs amid Israel strikes

Blanket warning triggers exodus and gridlocked roads Israel’s military issued a sweeping evacuation order for Beirut’s southern suburbs on Thursday, telling residents to leave

May 19, 2026

International

Nvidia halts China-focused H200 output, shifts to Rubin

Report says TSMC capacity redirected to next-generation hardware Nvidia has stopped production of its second-most advanced artificial intelligence chips intended for the Chinese market,

May 19, 2026

Business

BYD loses share as China EV demand cools and rivals surge

Early 2026 data shows BYD slip while peers post gains BYD’s domestic momentum softened at the start of 2026 as China’s electric vehicle market

May 19, 2026

Business

FT: KPMG taps Gary Wingrove as next global CEO

Board backs former Australia chief, council vote still pending KPMG has chosen its global chief operating officer and former Australia head, Gary Wingrove, as

May 19, 2026

Business

American Eagle sees 2026 sales strength as marketing pays off

Outlook tops estimates as Gen Z focus supports demand American Eagle Outfitters forecast annual sales above Wall Street expectations on Wednesday, pointing to demand

May 19, 2026

Business

Broadcom lifts Q2 outlook on data center AI chip demand

Revenue forecast tops estimates as customers expand AI buildouts Broadcom forecast second-quarter revenue above Wall Street expectations on Wednesday, pointing to sustained demand for

May 19, 2026

Business

Goldman CEO sees “benign” market response to Middle East war

Solomon says investors may need weeks to price full impact Goldman Sachs Chief Executive David Solomon said Wednesday he was surprised by the relatively

May 19, 2026

Business