Business

The Trump administration is initiating a formal investigation into the European Union's antitrust actions against U.S. tech giants, signaling a major escalation in transatlantic trade tensions.

Federal health officials have expanded the investigation into a massive Cyclospora outbreak linked to iceberg lettuce served at Taco Bell restaurants. The contamination has now reached nine states with nearly 2,000 confirmed cases identified.

Midwest Poultry Services has issued a voluntary recall for 19 million eggs distributed in Texas, Oklahoma, and Louisiana due to potential salmonella contamination. Consumers should check for specific plant codes and return affected cartons to retailers for a full refund.

The European Commission has penalized Google for favoring its own services and limiting consumer choice, marking a significant enforcement of the Digital Markets Act.

The U.S. government has announced a multi-year plan to impose steep tariffs on generic drug imports, aiming to force domestic production while sparking global economic concerns.

Trump Media & Technology Group plans to sell high-frequency trading firms early access to Truth Social posts, sparking intense ethical and legal debate.

Apple reclaimed the top spot as the world's most valuable company, signaling a shift in investor confidence from infrastructure builders toward established service ecosystems.

Federal health officials have traced a widespread cyclosporiasis outbreak to iceberg lettuce supplied by Taylor Farms to Taco Bell restaurants. Authorities are advising consumers in affected states to avoid the ingredient as investigations into the parasite contamination continue.

The UK government has finalized the transfer of the Scunthorpe steelworks from China's Jingye to public control to protect jobs and national security. Beijing has condemned the takeover as a violation of bilateral investment treaties and threatened legal action.

A significant multi-state outbreak of cyclosporiasis has been linked to shredded lettuce, prompting Taco Bell to pull supplies from affected locations. Federal investigators are now working to trace the source of the parasite as case numbers climb.

The Pentagon confirmed the National Guard's D.C. mission will continue until January 2029, citing crime management despite pushback from local officials.

Eli Lilly is expanding into the psychedelic medicine sector with a $3.8 billion deal for AtaiBeckley, targeting innovative therapies for depression and anxiety.

Elon Musk's net worth has dropped to $957 billion following a sharp decline in SpaceX and Tesla share prices. The reversal highlights the volatile impact of a broader tech sector sell-off on the world's richest person.

The UK government has brought British Steel into public ownership, citing the need to protect vital infrastructure and thousands of manufacturing jobs. This historic intervention ends years of financial instability at the Scunthorpe plant following the passage of the Steel Industry Act.

SpaceX stock has dipped below its initial public offering price for the first time, signaling a shift in investor sentiment amid broader market volatility. Analysts point to concerns over the company's $4.9 billion loss and the sustainability of speculative tech growth.

Artificial intelligence leader Anthropic has begun scheduling investor meetings as it moves toward a confidential public debut. The firm aims to capitalize on massive growth in its Claude chatbot services and establish a public market benchmark.

China's economy faces a deepening imbalance as weak household consumption and a struggling property sector offset the benefits of a robust export boom.

A woman details the harrowing mid-air rescue of her husband after an engine failure caused a Ryanair window to shatter and trigger rapid decompression.

Global markets are reeling as escalating tensions between the U.S. and Iran threaten major energy supply routes, pushing crude prices toward record levels.

Escalating military conflict between the U.S. and Iran has sent global oil prices higher, sparking fears of major supply chain disruptions in critical energy corridors.