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Business News

Location American Business News for 11 August 2026
Hollywood Mogul Ari Emanuel to Buy Theater Giant in $6 Billion Deal The media moguls live entertainment business Mari Group said it had agreed to buy Britains ATG Entertainment from a private-equity firm.
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Consumer confidence at near two-year high as World Cup and UK holidaying lift summer spending Barclays says survey shows people feel more secure in jobs and have more leeway to spend on non-essentialsBusiness live - latest updatesConsumer confidence hit its highest level in almost two years in July, according to ...
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White House vows to get CLARITY across finish line in September Patrick Witt says the Trump administration will keep negotiating with Democrats as the Senate prepares for a September CLARITY vote.
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Nvidia teams with Wall Street firms to help finance $500 billion for AI infrastructure Nvidia late Monday announced a partnership with seven Wall Street financial institutions designed to raise more than $500 billion of third-party capital to fund the buildout of AI infrastructure.
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Axe stamp duty? How Andy Burnham could change property tax The new PM could bring in revenue for social care or defence with a land levy or by reforming council taxResidential property is the largest store of wealth in the UK, and has long been a target for those who believe hom...
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G.Ms Car Guy Talks Electrics, China and Nepotism

The New York Times - 11 Aug 2026 13:54
G.Ms Car Guy Talks Electrics, China and Nepotism Mark Reuss became the automakers president seven years ago, ascending to a role his father was fired from decades before. We got the chance to speak with him.
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Robots That Walk and Talk Are Coming to Car Factories

The New York Times - 11 Aug 2026 13:45
Robots That Walk and Talk Are Coming to Car Factories But experts warn they may not deliver the gains in efficiency that proponents claim.
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Bitcoins BIP-110 fork is 300 blocks behind BTC and six years from fixing itself The breakaway chain has produced two blocks since splitting off on Saturday. Bitcoin has produced more than 300 in the same stretch.
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Central Processing Units Could Be New Growth Driver for TSMC

Wall Street Journal - 11 Aug 2026 04:08
With the takeoff of agentic AI earlier this year, the central processing unit market is set for faster growth and could become the new growth driver for TSMC, Bernstein analysts said.
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Judge Awards $250,000 to Musician Who Fled Trump-Led Kennedy Center Gig The center had sued Chuck Redd when he canceled a free concert last year, citing the addition of the Trump name to the venue. But a judge dismissed the case.
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Goldman Sachs just answered the biggest question about AI Goldman Sachs on AI equity issuance, S&P 500 buybacks, and hyperscaler capex. Here's what the Alphabet and Magnificent 7 data mean for investors.
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David Ellison Floats Hollywood Exit as States Threaten His Warner Bros. Deal Mr. Ellison told Paramount executives that he was considering pulling the company out of California amid a lawsuit brought by state attorneys general.
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Darline Graham Advances To The GOP Primary Runoff For Her Brother Lindseys Senate Seat Graham, a political newcomer, topped the GOP special primary just weeks after being appointed to serve out the remainder of her late brothers term.
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Blackstone, La Caisse to Buy 25% of Air Canadas Aeroplan Loyalty Program Asset manager Blackstone and Quebecs La Caisse pension fund have agreed to acquire a 25% stake in Air Canadas loyalty-points program for nearly$2 billion, which the airline said would help in its pursuit of an investment...
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New Boeing deal gives Archer something rivals don't have Archer's all-stock deal for three Boeing units adds $200 million in defense revenue and reshapes the business. Here is what it means for the stock.
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Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps A federal judge denied Kalshis request for a preliminary injunction against Connecticut regulators, holding that its sports-event contracts are not swaps under the Commodity Exchange Act, so the CFTCs exclusive jurisdict...
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Walmart's lab-grown diamond jewelry is up to 71% off Lab-grown diamonds are more popular than ever, and Walmart is a great place to find them. You can get up to 71% off pieces, with prices as low as $79.
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CoreWeaves stock soars as earnings show major AI momentum The AI cloud provider topped revenue and earnings expectations, with its CEO cheering an important inflection point.
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Parents throw son out of property for not taking care of them: Bombay High Court agrees The Bombay High Court ordered a son to vacate two properties gifted by his parents due to his failure to care for them, leading to a breakdown of relations. The court upheld that the gift deed conditions were unmet, just...
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CoreWeave Shares Jump as Revenue Doubles From Year Earlier

Wall Street Journal - 11 Aug 2026 23:23
CoreWeave Shares Jump as Revenue Doubles From Year Earlier A mounting sales backlog of $104 billion shows strong demand for cloud computing despite infrastructure challenges and AI-bubble fears.
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Spotify responds to concerns over AI songs

Sky News - 11 Aug 2026 23:21
Spotify responds to concerns over AI songs Music streaming service Spotify has announced it is introducing a feature that will enable listeners to see if an artist is AI-generated.
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7UP is making a controversial change to its soda formula Keurig Dr Pepper is reformulating 7Up to appeal to Gen Z and Gen Alpha. Is the classic brand repeating the mistake of 1985's New Coke?
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