Trump strikes deal with Putin for diesel in sharp reversal of US policy weeks before midterms

President Donald Trump said he has struck a deal to obtain diesel from Russia. It's a stunning reversal of years of U.S. pressure on Moscow over its war with Ukraine and an attempt to address high fuel prices ahead of the U.S. midterm elections

Exclusive-Sequoia-backed chip startup Nuvacore raising funds at about a $2.5 billion valuation, sources say

Six-month-old microchip startup Nuvacore, which does not yet have a product, is raising hundreds of ​millions of dollars at a roughly $2.5 billion valuation to develop a new central processor designed for data centers, according to two people familiar with the fundraising.

Utah-based Crumbl closes dozens of locations as inflationary pressure takes a bite out of sales

Crumbl is closing dozens of stores and laying off employees at the company's headquarters after a bad batch of sales reports.

Trump launches committee to probe Fed's Lisa Cook, White House says

President Donald Trump has formed a committee ​to investigate Fed Governor Lisa Cook over allegations she made false statements in connection with ‌mortgages.

Lightsaber Darth Vader used in 'I am your father' duel in 'Empire Strikes Back' is up for auction

A lightsaber used by Darth Vader in "The Empire Strikes Back" is set to be auctioned on Nov. 12.

Netflix plans to cut 5% of its workforce, Puck News reports

Netflix is planning to ​cut about 5% of its workforce, with an announcement expected ‌as early as next week, Puck News ⁠reported on ​Friday, citing ⁠people familiar with the matter.

'The cost of growth': Salt Lake City to raise utility impact fees for first time in 27 years

Salt Lake City is changing the utility impact fee rate structure for the first time since just before 2000.

Lessor Avolon orders 250 Boeing, Airbus jets with option for 100 more

Global leasing giant Avolon said on Friday it had agreed ​to order 140 aircraft from Boeing and 110 from Airbus, with an option to buy a further 100 ‌jets from the European planemaker.

Delta warns of more airline capacity restraint as fuel shock hits profits

Delta Air Lines said on Friday that the industry may need to curb flight growth further next year to protect profitability, as surging fuel costs ​forced the carrier to cut its 2026 profit forecast by nearly a quarter despite strong travel demand and higher ticket prices.

Paramount to develop Cyberpunk 2077 film, lifting CD Projekt RED's shares

Paramount Pictures is developing a live-action film ​set in the universe of CD Projekt RED's video game "Cyberpunk 2077" alongside producer Lorenzo ‌di Bonaventura, entertainment outlet Deadline reported on Thursday, which ⁠sent the Polish game ​developer's shares 3% ⁠higher in early Friday trading.

Saint Laurent creative director Vaccarello leaves in latest Kering shake-up

Belgian designer Anthony Vaccarello is leaving Saint Laurent after a decade as the brand's ​creative director, its owner Kering said on Friday, adding his successor would be announced soon.

OpenAI says it has fired three researchers for violating sensitive information policy

OpenAI fired three of its researchers last week after an investigation found they ​violated policies on handling sensitive information, the AI major said in a post on X on Friday.

Apple cuts iPhone 18 Pro orders due to soft demand, Nikkei Asia reports

Apple has told some suppliers to cut production of components for its ​newly launched iPhone 18 Pro and iPhone 18 Pro Max, as soaring memory chip costs and price increases have ‌dampened consumer demand, Nikkei Asia reported on Friday.