Category: Business

EAST HARTFORD, CT — RTX Corporation announced Tuesday that its Pratt & Whitney division has been awarded a $2.8 billion modified contract by the U.S. Department of Defense to produce F135 engines for the F-35 Lightning II fighter jet program. The contract covers Lot 18 production of engines for all three F-35 variants: conventional take-off […]

HANSALPUR, INDIA — Japan’s Suzuki Motor has announced a major investment of ₹700 billion ($8 billion) in India over the next five to six years, coinciding with the launch of its first electric vehicle (EV) production in the country. Chairman Toshihiro Suzuki confirmed the commitment during an event at the company’s Hansalpur plant in Gujarat, […]

WASHINGTON — Korean Air has confirmed an order for 103 Boeing aircraft, marking the largest purchase in the airline’s history. The deal, announced Monday, includes a mix of 787, 777, and 737 passenger jets and is intended to modernize the carrier’s fleet amid its merger with Asiana Airlines. The agreement was unveiled shortly after South […]

Canada will eliminate reciprocal import tariffs on U.S. goods covered under the Canada-U.S.-Mexico Agreement (CUSMA) starting 1 September, Prime Minister Mark Carney announced following a recent call with U.S. leadership. While tariffs on steel, aluminium, and automobiles will remain in place, the move aims to preserve Canada’s trade advantage, with 85% of goods exchanged with […]

BRUSSELS — The European Union and the United States have concluded a landmark trade and energy agreement that will see Europe import $750 billion worth of American liquefied natural gas (LNG), oil, and nuclear energy by 2028. In parallel, European companies will invest $600 billion in U.S. infrastructure, energy, and AI technologies. The deal mandates […]

U.S. equity markets closed the week with strong gains, led by a record-setting performance from the Dow Jones Industrial Average. The rally followed remarks by Federal Reserve Chair Jerome Powell, who indicated that monetary policy could shift toward easing as early as next month. The Dow surged 846.2 points, or 1.9%, to a historic close […]

Washington, D.C. — The U.S. government has officially secured a 10% equity stake in Intel Corp., solidifying its position as the chipmaker’s third-largest shareholder. The move, confirmed Friday by President Donald Trump, marks a rare and substantial federal intervention in a major American corporation. The agreement, already accepted by Intel, is part of a broader […]

EFF legal intern Noam Shemtov was the principal author of this post. When police have a warrant to search a phone, should they be able to see everything on the phone—from family photos to communications with your doctor to everywhere you’ve been since you first started using the phone—in other words, data that is in […]

San Francisco, 22 August 2025 — Meta Platforms has signed a six-year cloud computing agreement with Google Cloud valued at over $10 billion, according to sources familiar with the matter. The deal marks one of Google Cloud’s largest contracts to date and will support Meta’s rapidly expanding artificial intelligence infrastructure. Under the agreement, Meta will […]

Beijing/Seattle — Boeing Co. is nearing a landmark agreement to sell as many as 500 commercial aircraft to China, in what could become one of the largest aviation deals of the decade. The potential transaction, still under negotiation, would mark a significant breakthrough in U.S.–China trade relations and end a prolonged sales freeze that dates […]