China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

New York Times - Nov 5, 2026

Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions.

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Pound rises to its highest level since the Brexit referendum

Nov 5, 2026

Pound rises to its highest level since the Brexit referendum

Pound reaches highest level against a basket of currencies since the Brexit referendum a decade ago.

Trump Administration Moves to Oust Arbitrators as Doctor Payouts Soar

Nov 5, 2026

Trump Administration Moves to Oust Arbitrators as Doctor Payouts Soar

The two companies settled billing disputes between doctors and insurers, keeping patients out of the middle. One let doctors win 96 percent of the time.

The New York Times Adds 420,000 Digital Subscribers

Nov 5, 2026

The New York Times Adds 420,000 Digital Subscribers

After a slower second quarter, the additions in the third quarter keep the company roughly on track to meet its goal of 15 million subscribers by the end of next year.

Australia's oldest department store David Jones folds after 188 years

Nov 5, 2026

Australia's oldest department store David Jones folds after 188 years

The brand's 38 physical stores and online site will continue to operate while receivers review its operations.

How Trump’s Energy Policies Helped Trigger Midterm Rout

Nov 5, 2026

How Trump’s Energy Policies Helped Trigger Midterm Rout

The war in Iran, efforts to promote fossil fuels and attacks on renewable energy contributed to higher prices for gas and electricity that drove voter discontent.

Interest rates expected to rise for first time in over three years

Nov 5, 2026

Interest rates expected to rise for first time in over three years

Most analysts are predicting an increase from 3.75% to 4%, the first increase in more than three years.

White House Delays Hearing on Fed Governor

Nov 4, 2026

White House Delays Hearing on Fed Governor

The administration pushed back a hearing for Lisa D. Cook, the Federal Reserve governor that President Trump has tried to fire, after her lawyers raised scheduling issues.

Trump Media’s Shares Fall to Record Low After Midterms

Nov 4, 2026

Trump Media’s Shares Fall to Record Low After Midterms

Trump Media & Technology Group’s stock plunged 24 percent a day after Democrats made huge gains in the midterm elections.

Elon Musk's millions failed to deliver Republican wins in fierce midterms

Nov 4, 2026

Elon Musk's millions failed to deliver Republican wins in fierce midterms

Musk spent nearly $500m in the 2026 US midterm elections, an individual election spending record.

Stocks Rise as Democrats Flip Control of Congress

Nov 4, 2026

Stocks Rise as Democrats Flip Control of Congress

Markets traded higher as investors foresaw gridlock in Washington, typically a bullish signal.

A Lawsuit Says the McRib Is Lacking Something You Might Expect It to Have

Nov 4, 2026

A Lawsuit Says the McRib Is Lacking Something You Might Expect It to Have

A judge in Chicago ruled that the class-action lawsuit could proceed.

CVS to Split Off Drugstore Business, Ending Its Bigger-Is-Better Era

Nov 4, 2026

CVS to Split Off Drugstore Business, Ending Its Bigger-Is-Better Era

In a breakup planned for 2028, CVS Health intends to keep together its insurance and pharmacy benefits divisions and create a separate company for its pharmacies.

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