U.A.E.’s Adnoc Gas to Invest More Than $8 Billion in Expansion Push
An exit from OPEC earlier this year freed state-owned Adnoc of the cartel’s restrictions.
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Mark Zuckerberg Lays Out New AI Vision in 6,500-Word Essay
The Meta CEO has a new game plan for winning over hearts and minds to his company’s artificial-intelligence efforts.
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War Is Helping Chinese EVs Upend the Global Car Market
High gasoline prices are giving a boost to China’s electric-vehicle exports.
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Apple Tests Chinese Memory Chips as Supply Squeeze Bites
The iPhone maker has held early talks with China’s CXMT, but any deal would be politically sensitive.
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U.S. Regulator Rejects Dutch Fintech Bunq’s Banking License Application
They cited supervisory and compliance concerns, adding that Bunq’s application didn’t clearly explain how the company would have sufficient capital in the U.S.
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Taylor Farms Recalls Products With Jalapeños Implicated in Salmonella Outbreak
The produce supplier said it was removing certain products including guacamoles and salsas from shelves.
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Revolut Secures French Banking License to Expand European Operations
Europe’s most valuable startup is pushing to expand its banking products and services and is seeking regulatory approvals to enter new markets elsewhere.
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U.S. Consumer Brands Say Chicken, Soap and Snacks Are Selling Better Overseas
Major packaged-goods companies, retailers and food makers are seeing substantial increases in overseas revenue that are outpacing slowing domestic sales.
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Berkshire Operating Earnings Rise 16% in Second Quarter. Buybacks Hit $4.5 Billion.
The $13 billion figure shows the strength of the company’s railroad, energy and manufacturing, service, and retailing units.
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Situational Awareness Bets $400 Million on Stealth Chip Startup After Crash
AI-battered hedge fund Situational Awareness made a big bet this week in Source Foundry, a private company aiming to reinvent the way chips are manufactured.
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OpenAI Pauses Some Work on New AI Model Over Cybersecurity Concerns
The decision reflects internal findings that the upcoming “Astra” model may possess “critical cyber capabilities” and follows a string of AI-testing incidents.
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Shopping App Whatnot Valued at $20 Billion in New Funding
Whatnot, a fast-growing live-shopping platform, has nearly doubled its valuation in less than a year.
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Trump Administration to Award $2 Billion to Battery, Materials Companies
The deals add to a Pentagon funding spree to reduce U.S. dependence on China.
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Wonder Takes a Gamble on Robots, Drones and AI-Generated Menus
Wonder is infusing automation into everything, from cooking and delivery to menu creation, with the goal to help its food halls lower prices enough to compete with restaurant takeout and even grocery stores.
(END) Dow Jones Newswires
August 10, 2026 07:15 ET (11:15 GMT)
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