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

Ukraine Accepts EU Help on Druzhba Repair

Oil restart remains weeks away despite political pressure Ukraine has accepted the European Union’s offer of technical and financial support to restore flows through

May 19, 2026

International

Tesla Deepens Energy Push With LG Battery Deal

Michigan supply pact strengthens storage ambitions Tesla is expanding its energy business with a $4.3 billion battery supply agreement that deepens its ties with

May 19, 2026

Business

Micron Delivers Blowout Quarter on AI Memory Boom

Revenue surge beats forecasts as supply stays tight Micron delivered another powerful set of results, with quarterly revenue nearly tripling from a year earlier

May 19, 2026

Business

Trump Rebukes NATO as Iran War Widens

President attacks allies while insisting US can act alone President Donald Trump sharpened his criticism of NATO on Tuesday, accusing US allies of failing

May 19, 2026

International

UK Held Back as Powell Saw Iran Deal Opening

British view of Geneva talks deepened split with Washington Britain’s hesitation over the US and Israeli attack on Iran now appears to have rested

May 19, 2026

International

Perpetual Sells Wealth Arm to Bain Capital

Australian group advances break-up after years of deal talks Perpetual has agreed to sell its wealth management business to Bain Capital, taking another step

May 19, 2026

Business

IBM Closes $11 Billion Confluent Deal

Acquisition expands IBM’s push into real-time enterprise data IBM has completed its acquisition of Confluent, closing an all-cash transaction priced at $31 per share

May 19, 2026

Business

Drone strike disrupts Dubai flights as Gulf braces

Airport operations hit by nearby fire Dubai airport disruption widened on Monday after a drone strike sparked a fire near Dubai International Airport, prompting

May 19, 2026

International

Nvidia Targets $1T AI Chip Sales by 2027

Nvidia AI chip revenue could reach “at least” $1 trillion through 2027, CEO Jensen Huang said Monday at the company’s GTC 2026 conference in

May 19, 2026

Business

Hegseth Questions Iran Leader’s Condition

U.S. Defense Secretary Pete Hegseth said on Friday that Iran’s new supreme leader, Mojtaba Khamenei, is “wounded and likely disfigured,” framing the claim as

May 19, 2026

International