Business archive

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1. Blue Cross Blue Shield Says Hospital AI Use Added $942M in Spending

   Blue Cross Blue Shield estimates hospital use of AI tools added $942M in spending over a two-year period, sharpening insurer scrutiny of AI-driven

2. State Bans and Permits Delay Data Centers, Put Trade Jobs at Risk

   HVAC, electrical, welding and pipefitting jobs rose with AI data center buildouts, but bans and project delays now threaten those local gains.

3. Audemars Piguet Sales Hit Records After Royal Pop With Swatch

   Audemars Piguet says the Swatch Royal Pop collaboration generated 20 billion social mentions and record monthly sales, despite tariff headwinds.

4. TotalEnergies Tumbles 10%, Pulls NGX Oil and Gas Index Off Record High

   TotalEnergies Marketing Nigeria Plc plunged 10% on Friday, 25 September 2026, dragging the NGX Oil and Gas Index down 0.13% a day after the sector

5. Saudi Arabia Keeps Crude Flowing, Exports Reach Highest Since Iran War

   Saudi crude exports hit the highest level since the Iran war began, even after a pipeline outage and attacks by Iran-backed militants in Yemen and

6. Warsh Pushes Fed Toward More Rate Hikes, Meets Resistance Inside the Fed

   Markets now face a Fed open to further increases after Warsh shortened communications, backed a quarter-point hike and flagged 'financial conditions'

7. Judge Delays Approval of State AG Settlement in Paramount’s $111 Billion WBD Deal, California AG Says "Not The Result Of Collusion"

   A judge declined to sign off on the state Attorneys General settlement tied to Paramount's $111 billion acquisition of Warner Bros Discovery.

8. Oracle Sends Force Majeure Notice, Preserves Right To Delay Payments If New Mexico Stargate Misses 2028

   Oracle has served a force majeure notice on the New Mexico Stargate data centre, a step that would let the firm defer payments if the facility does

9. New York Sues Polymarket, Escalating Pressure on Prediction Markets

   New York has opened illegal-gambling charges targeting four prediction-market firms.

10. Channel 5 Launches 5Drama, Moves British Drama Into Evening Primetime

    Channel 5 will replace 5Select with 5Drama on October 21, concentrating British drama in evening peaks and US imports in weekday afternoons.

11. Fuel Price Rise Shrinks Delivery Areas and Cuts Visitor Demand in Hayle

    Petrol averaged 161.3p per litre and diesel may top £2 per litre, forcing Hayle shops to scale back deliveries and costing some visitor bookings.

12. If Amazon Can't Eliminate Carbon, Global Decarbonisation Loses A Leader

    Amazon is one of the largest companies in the world. If it cannot eliminate carbon emissions, the example others follow becomes less clear.

13. Enveda Raises $311M to Push Nature-Derived AI Drugs Into Trials

    Enveda raised $311M, a round that values the AI biotech at $2 billion.

14. Subscribers Face Higher Fees as Disney+ and Hulu Raise Prices Again

    So I guess we're just doing this every year now.

15. Genesis Files US Design Patents for X Gran Coupe and Convertible, Production Uncertain

    Genesis secured US design patents for the X Gran Coupe and Convertible exterior designs, but the filings do not confirm powertrains, timing or

16. Borrowers Shift To ARMs As 30-Year Rate Tops 7.12%, Applications Slip

    Rising 30-year mortgage costs pushed weekly applications down and lifted adjustable-rate share to 9.8%, the Mortgage Bankers Association said.

17. Susan Collins Says Inflation May Stay Above 2%, Pressuring Fed To Keep Rates Restrictive

    Boston Fed President Susan Collins said the odds have risen that inflation will remain above 2%, arguing a slightly tighter policy stance is needed.

18. Founder Summit Offers Direct Fundraising, Hiring and AI Guidance in Boston on November 4

    A one-day Founder Summit on November 4 in Boston pairs founders with investors and operators for hands-on sessions on fundraising, hiring and AI.

19. Snorkel AI Raises $350 Million, Valuation Triples to $3.5 Billion

    The seven-year-old startup closed a $350 million Series E to accelerate its data-as-a-service model amid rising demand for AI training data.

20. Royal Caribbean Nears $3 Billion Purchase of 50% of Sandals, Moves Beyond Cruises

    Royal Caribbean is nearing a $3 billion agreement to acquire half of Sandals as it pushes to diversify beyond cruise operations and into broader

21. Newton Canyon Winery Closes After Palisades Fire Destroys Tasting Room

    The Rosenthal family's Newton Canyon vineyards, known to Hollywood for the Raleigh soundstages and the Sunset Marquis, closed after the Palisades

22. Binance Invests $100 Million in Circle to Push USDC Into Global Markets

    Binance will buy $100 million of Circle shares and promote USDC under a five-year deal, giving the stablecoin broad access to Binance’s global users.

23. Paramount-Warner Bros Deal Limits Indie Film Funding to5 Million a Year

    The $111 Billion merger includes $1.5 billion for domestic production, but only $5 million annually is earmarked for independent films.

24. Paramount, Warner Bros Discovery and CNN Cut Staff, Deepening Two-Year Layoff Wave

    Layoffs at Paramount, Warner Bros Discovery and CNN add to an industry-wide purge, deepening the aftershocks of two years of job cuts.

25. Activision To Build Next Halo Game, Xbox Plans 3,600 Job Cuts

    Xbox's July reset includes 3,600 planned job losses. Activision, maker of Call of Duty, will develop the next Halo game.

26. Nscale’s IPO Forces Wall Street To Bet On Microsoft And Anthropic

    Nscale’s NYSE listing will leave public investors exposed to a company whose 85% of contract value rests with Microsoft and Anthropic.

27. Aurora Expands Fleet to Hit Positive Free Cash Flow by 2028

    Aurora plans to scale from about 20 to roughly 200 autonomous trucks and sell pay‑per‑mile service to reach positive free cash flow by 2028.

28. 10-Year Treasury Yield Drops to 4.943%, Deepening Rate-Path Uncertainty Before ADP Report

    The 10-year yield slid to 4.943% as traders await ADP payrolls and a string of Fed speeches; higher oil and Iran moves add near-term risk.

29. Third Monthly Inflation Drop Puts Pressure On MPC To Cut Rates

    Three months of easing inflation and a first fall in food inflation in six months strengthen the case for another cut, but the MPC remains split.

30. Inflation Falls to 15.39%, Urban Nigeria Sees Relief While Rural Prices Rise

    Headline inflation eased to 15.39% in August after three months of decline, helped by food moderation, naira gains and base effects; relief varied by

31. Healey Loses Leverage to Calm Gilt Markets After £18.3bn August Borrowing

    Higher-than-expected August borrowing lifted the financial-year deficit by £8.1bn above forecast, shrinking the chancellor’s room to reassure gilt

32. FTSE Russell Restores Nigeria, Pushes Equities To Record ₦162.39 Trillion After 60.76% YTD Gain

    FTSE Russell restored Nigeria to Frontier status on September 21, 2026, sparking an eight-session rally and lifting market cap to ₦162.39 trillion.

33. Taiex Hits Intraday Record, Lifting Taiwan Chip Leaders

    Taiex reached an intraday high of 48,601.53 as MediaTek, Delta Electronics and TSMC advanced on AI-led momentum, ahead of export data.

34. FTSE Russell Reinstates Nigeria, Foreign Funds Push NGX to Record 250,156.80

    FTSE Russell's reclassification reopened direct access for foreign institutions, concentrating buying in top banks and lifting the NGX to 250,156.80.

35. Tesla Registers Vietnam Unit, Signals Entry Into VinFast-Dominated Market

    Tesla filed to set up Tesla Motors Vietnam this month, a formal step toward selling cars and services where VinFast controls roughly 92% and charging

36. Judge Lets SpaceX Acquire More Than 700 Acres Of Lower Rio Grande Valley Refuge, Swap Proceeds

    A federal judge refused to block a land exchange, allowing a swap that would give SpaceX more than 700 acres inside the Lower Rio Grande Valley

37. YouTube-Backed Creator Voices Gives UK Creators an Organised Route to Industry Recognition

    Creator Voices, backed by YouTube UK, will use members' reach and Oxford Economics findings to push for formal industry status, representation and

38. Côte d'Ivoire To Host 2027 U.S.-Africa Business Summit, Raising Its Profile With U.S. Investors

    The Corporate Council on Africa announced in New York that Côte d'Ivoire will host the 2027 U.S.-Africa Business Summit, placing the country at the

39. AMD Tops $1 Trillion Market Cap for First Time as AI Sales Propel Stock

    Shares rose 9% to an intraday high of $613.92, lifting AMD above $1 trillion after a five-day rally tied to AI-driven data centre growth.

40. CBN Offers ₦500 Billion in Final Q3 T‑Bills, September Receipts May Top ₦2.4 Trillion

    The CBN will auction ₦500 billion in Treasury Bills on Sept 23, with bids due 8-11 a.m. Allotments and payment are due by 11:00 a.m. on Sept 24.