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Industry
Commerce and Bosch signed a direct funding agreement for up to $225M to expand silicon‑carbide chip production at a Roseville, California plant.
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#bosch
#semiconductors
#siliconcarbide
#chips
#roseville
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Industry
Standard Chartered began offering eligible institutional clients USDC minting and redemption via its Dubai arm; BNY Mellon announced a similar Circle-linked service days earlier.
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#stablecoin
#usdc
#banking
#circle
#bny
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Financial Markets
The CFTC halted Kalshi’s emergency rule to void Michigan trades and ordered the federally regulated exchange to honor executed positions, citing market integrity.
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#cftc
#kalshi
#derivatives
#michigan
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Economy
Gasoline prices plunged in June, pulling headline CPI down 0.4% month-over-month; year-over-year CPI remains up 3.5% and core CPI was flat.
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#economy
#inflation
#cpi
#fed
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Industry
The FTC obtained a proposed record $12M penalty against Edwards and Genesis, alleging they structured a 2024 med-tech deal to dodge HSR filing requirements.
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$EW
#edwardslifesciences
#antitrust
#mergers
#medtech
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Economy
India’s CPI inflation rose to 4.38% in June from 3.93% in May as food prices climbed; rural inflation outpaced urban, the national statistics office said.
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#india
#inflation
#cpi
#foodprices
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Financial Markets
USDA's July WASDE trims U.S. 2026/27 wheat to 1.536bn bushels — the smallest harvest since 1970/71 — and tightens global grain stocks.
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#wheat
#usda
#agriculture
#wasde
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Industry
HM Treasury designated AWS, Google Cloud, Microsoft and Oracle as the U.K.’s first Critical Third Parties, triggering joint Bank of England-FCA-PRA oversight.
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#cloud
#financialregulation
#uk
#cloudproviders
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Industry
Texas WARN filing shows 136 id Software layoffs tied to Microsoft's Xbox cuts, removing much of the studio's public headcount and raising concerns about lost technical knowledge.
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$MSFT
#gaming
#layoffs
#microsoft
#idsoftware
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Economy
June Fed minutes show officials viewed inflation as too high, debated removing easing language and some said another rate hike could be warranted.
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#fed
#interest-rates
#inflation
#monetary-policy
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Industry
The FTC and five states filed a proposed settlement requiring John Deere to give farmers and independent repair shops dealer-equivalent software tools and manuals for 10 years.
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$DE
#deere
#righttorepair
#antitrust
#ftc
#farmers
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Industry
Apple and Broadcom extend ties through 2031 in deals set to exceed $30B, produce 15 billion U.S.-made chips and fund a $1.5B Fort Collins expansion.
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$AAPL $AVGO
#apple
#broadcom
#chips
#manufacturing
#fortcollins
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Industry
A Connecticut federal judge revived a New York common-law fraud claim against Digital Currency Group and Barry Silbert in the Genesis Yield investor suit.
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#cryptocurrency
#law
#digitalcurrencygroup
#genesis
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Industry
Toyota will invest $3.6 billion to double its San Antonio plant, add a second Tacoma assembly line and create 2,000 jobs as production shifts from Mexico.
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$TM
#toyota
#automotive
#manufacturing
#sanantonio
#texas
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Industry
TeraWulf said Anthropic will lease a 401 MW AI/HPC campus in Hawesville, Kentucky under a 20-year deal the company values at about $19 billion.
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$WULF
#terawulf
#anthropic
#ai
#datacenters
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Industry
FCA review warns agentic AI could reshape UK retail financial services by 2030 and recommends seven regulatory steps to manage benefits and risks.
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#ai
#financial-services
#regulation
#fca
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Industry
Navient told the SEC a ransomware attack on an outside law firm accessed borrower data — including names, addresses, dates of birth and Social Security numbers.
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$NAVI
#navient
#data-breach
#cybersecurity
#student-loans
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Economy
A Bank of Canada staff paper finds supply-side pressures, not demand, accounted for the larger share of Canada’s post-pandemic inflation surge.
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#canada
#inflation
#bankofcanada
#monetarypolicy
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Industry
Krafton and Unknown Worlds reportedly settled a yearlong earnout dispute over up to $250M tied to Subnautica 2, with bonuses reportedly extended to all staff.
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#krafton
#unknownworlds
#subnautica2
#earnout