Browsing: Business

NEW YORK: Amazon shares fell about 8% in U.S. trading on Friday, Feb. 6, 2026, after the company forecast roughly $200 billion in capital spending for 2026 and reported fourth-quarter earnings that came in slightly below analyst expectations. The stock

NEW YORK: U.S. employers announced 108,435 job cuts in January, the sharpest start to a year since the Great Recession, as reductions in transportation, technology and healthcare drove a surge in planned layoffs, according to a monthly report released this

KANSAS: Beef processed at Sustainable Beef’s producer-owned facility in North Platte, Nebraska is now appearing on Walmart shelves across the region, with product sent to a packaging plant in Olathe, Kansas for final packaging and distribution, according to a January

CryptoWire, NEW YORK: Bitcoin fell back toward $73,000 this week, giving up gains built after the November 2024 U.S. presidential election and marking one of its sharpest pullbacks since last year’s peak. The largest cryptocurrency briefly dipped below $73,000 on

MENA Newswire, TEXAS: Oracle has announced plans to raise $45 billion to $50 billion in gross proceeds during calendar year 2026 to expand cloud infrastructure capacity for artificial intelligence workloads, as questions swirl in markets about the cost of building

MENA Newswire, OTTAWA: Canada’s exporters are expanding shipments to markets outside the United States as new and expanded U.S. tariffs reshape trade flows and push up costs for some cross border sales. Official trade data show exports to countries other than the United States

MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a record-setting rally gave way to forced liquidations, margin pressures, and a stronger

MENA Newswire, SAN FRANCISCO: Shares of several video game and game technology companies fell sharply on Friday after Google opened access to an artificial intelligence model that can generate interactive, game like worlds from a text or image prompt, a

MENA Newswire, NEW YORK: Gold and silver prices suffered historic one day losses on Friday after U.S. President Donald Trump said he would nominate Kevin Warsh to lead the Federal Reserve. The most active silver futures sank 31.4% to settle

MENA Newswire, NEW YORK: Copper surged to a record above $14,000 a metric ton in late January as a sharp rally in metals intensified across major exchanges, before prices turned volatile and retreated from the peak. Benchmark three month copper