News

Thursday, October 8, 2026

Business stories, unbiased and brief: the facts, why they matter for your life, and a link to go deeper.

Bar chart of Samsung quarterly operating profit rising from 12.17 to 107.40 trillion won

Business

Samsung's quarterly operating profit tops 100 trillion won for the first time

The memory chipmaker guided to 107.40 trillion won, about $80.2 billion, a figure 782% above the same quarter last year as AI demand drained supply.

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Wednesday, October 7, 2026

Bar chart comparing DeepSeek's original 50 billion yuan funding target with the 100 billion yuan now under discussion

Business

DeepSeek weighs doubling its round to $14.9 billion before a 2027 IPO

Tuesday, October 6, 2026

A US Navy nuclear-powered submarine on the surface with a forested shoreline behind it

Business

Anduril will build a $3.7 billion submarine shipyard at Sparrows Point

The Paramount Pictures Melrose Gate in Los Angeles with the studio water tower behind it

Business

Paramount completes its $111 billion Warner Bros. takeover, creating Skydance

Monday, October 5, 2026

Rows of illuminated server racks inside a data center hall

Business

Schneider Electric buys software maker PTC for $22.6 billion in cash

Sunday, October 4, 2026

A line of heavy semi trucks parked nose to tail on a roadway

Business

Navistar layoffs of 1,400 erase a year of Dayton area job growth

Bar chart of driverless vehicles authorized in Texas: Waymo 1,154, Tesla Cybercab 169 now and 45 at launch

Business

Tesla has 169 Cybercabs cleared in Texas while Waymo runs 1,154

Saturday, October 3, 2026

A car parked on a street with the pink furry mustache that Lyft drivers once mounted on the grille

Business

Lyft to pay $272.5 million in California's largest wage settlement

Bar chart of Nike fiscal Q1 2027 revenue declines by segment, led by Converse down 28%

Business

Nike revenue falls 4% and its new Pace plan brings job cuts

Bar chart of monthly US payroll changes: July down 10,000, August up 133,000, September up 29,000

Business

US payrolls rose just 29,000 in September as July turned negative

Friday, October 2, 2026

Bar chart comparing the original and revised onsemi offers for Synaptics in billions of dollars

Business

Onsemi cuts its Synaptics takeover to $5.7 billion after a rival bid

Thursday, October 1, 2026

Business

Judge clears Paramount's $111 billion Warner Bros. Discovery takeover

Donut chart splitting Ken Griffin’s $3 billion gift: $2 billion for CMU Miami and $1 billion for the Pittsburgh campus

Business

Ken Griffin's $3 billion to Carnegie Mellon is higher education's largest gift

Bar chart of the three second-quarter 2026 GDP estimates: 1.5%, 1.5% and a final 2.2%

Business

US economy grew 2.2% in the second quarter, revised up sharply from 1.5%

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