Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives ?of companies including General Motors, GE Aerospace and Ford Motor. The preliminary and wide-ranging talks, which commenced before the war with Iran, come as the White House wants automakers and other American manufacturers to play a ?larger role…

Amazon agreed to acquire satellite communications company Globalstar for $10.8bn, a major strategic move to accelerate Project Kuiper and sharpen its challenge to Elon Musk’s Starlink. The deal gives Amazon control of Globalstar’s satellites, spectrum and network infrastructure, strengthening its position in the fast-growing market for low-earth-orbit broadband. For CEOs and boards, the transaction signals…

According to a new Gallup poll, more American workers are integrating artificial intelligence (AI) into their jobs, yet skepticism about the technology persists. The survey reveals that while 30% of employees frequently use AI, many remain concerned about job displacement due to new technologies. Scott Segal, a social worker, expressed his worries, saying: “I think…

JPMorgan Chase and Netflix are set to kick off the earnings season, providing crucial insights for investors eager for corporate guidance. This reporting period is significant as it sets the tone for market expectations, with JPMorgan’s performance often seen as a bellwether for the financial sector. The focus will be on how these companies navigate…

Apple has announced it will shut its Towson, Maryland store, the first of its U.S. locations to unionize, citing declining conditions at the mall and the departure of other retailers. The move has drawn criticism from the union representing workers, which claims the closure may be an attempt to undermine organized labor and is exploring…

Government offices in Singapore are being told to reduce electricity consumption in a bid to boost the nation’s energy resilience. Measures highlighted by the National Environment Agency include managing operating times and settings for air-conditioning, and turning off non-essential equipment when not in use. Singapore is just one of many countries which is taking steps…