Day: October 2, 2025
Singapore’s F1 race boosts tourism to the island — and other parts of Asia-Pacific
From $62,000 hotel suites to race packages with six-figure price tags, the Singapore Grand Prix is a windfall for businesses near the Marina Bay track. But the money isn’t staying in Singapore. Data shows travelers are also spending across Asia before and after the three-day Formula One race, which begins Friday. Flight bookings analyzed by […]
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USA Rare Earth jumps 6% after CEO confirms discussions with Trump administration
Shares of USA Rare Earth jumped in extended trading Thursday, after CEO Barbara Humpton told CNBC that the rare earth miner is “in close communcation” with the White House. Humpton’s comment comes after the Trump administration took a 5% equity stake in Lithium Americas this week. The Defense Department took a 15% stake in rare […]
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Stock futures are little changed as AI trade drives market to fresh highs, shutdown grinds on: Live updates
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE Stock futures were little changed after the market recorded new highs on Thursday, driven by strength in the artificial intelligence trade that appeared to overpower concerns about the 2-day-old U.S. government shutdown. Futures tied to the Dow Jones Industrial Average fell 11 […]
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Why private investors are pouring billions into Europe’s defense tech sector
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Venture capital investment in European deep tech defense, security and resilience startups has grown from $159 million in 2014 to $5.2 billion in 2024 – a 32-fold increase in just a decade, according to the NATO Innovation Fund. So, why are investors […]
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Energy Dept. axes hundreds of ‘green’ projects in ‘blue states’ during shutdown
U.S. Department of Energy Secretary Chris Wright attends a Reuters Next event in Manhattan, New York City, U.S., Sept. 25, 2025. Carlos Barria | Reuters The Energy Department’s cancellation of more than 300 funding awards to projects in 16 states won by Democratic nominee Kamala Harris in the 2024 presidential election slammed the brakes on […]
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Elon Musk is telling his followers to cancel Netflix subscriptions. Here’s what’s happening
Elon Musk stands in the Oval Office to attend a press event with U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Elon Musk this week urged his followers to cancel their Netflix subscriptions over a controversy surrounding an animated show and its creator. Musk […]
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Travel companies using AI could help them become big winners, says Evercore’s Mark Mahaney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Mahaney, Evercore ISI head of internet research, joins ‘Closing Bell’ to discuss the govt. shutdown’s impact on travel, which stocks is one of Evercore’s top picks and much more. Source
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Two dead in attack at UK synagogue on Yom Kippur, suspect shot dead
Two people were killed on Thursday when a man drove a car into pedestrians and stabbed a security guard in an attack at a synagogue where worshippers were marking Yom Kippur, the holiest day in the Jewish calendar, British police said. Greater Manchester Police said the suspect, who was wearing what appeared to be a […]
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Amazon faces FAA, NTSB probe after two delivery drones crashed into crane in Arizona
Amazon’s new MK30 Prime Air drone is displayed during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington on Oct. 18, 2023. Jason Redmond | AFP | Getty Images Amazon is facing federal probes after two of its Prime Air delivery drones collided with a […]
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Intel stock is up 50% over the last month, putting U.S. stake at $16 billion
Signage outside the Intel headquarters in San Jose, California, US, on Thursday, Sept. 18, 2025. David Paul Morris | Bloomberg | Getty Images Shares of U.S. chipmaker Intel climbed 3% Thursday, putting the monthly gain over 50%. The surge pushed the stock past $37, hiking the value of the U.S. government’s 10% stake in Intel […]
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