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Business

LyondellBasell Navigates 'Most Challenging' Petrochemical Downturn, Leans on Cost Cuts and Cash Discipline

Facing what its CEO calls one of the industry's toughest cycles, LyondellBasell reported weathering 2025 through aggressive cost control and working capital management. The chemical giant outlined a path to generate an additional $1.3 billion in cash by end-2026, even as it prepares to divest European assets and scales back circular economy spending.

Jan 31, 2026

Business

Golden Dome Funding Clears Congress, But Pentagon's $23B Missile Defense Plan Remains a Mystery

Congress has approved $23 billion in initial funding for the ambitious Golden Dome missile defense initiative, yet the absence of a detailed spending blueprint from the Pentagon is stalling progress and clouding investment prospects for 2026.

Jan 30, 2026

Business

BHP Navigates Diverging Paths: Automation Boosts Copper While China Iron Ore Ban Bites

BHP Group achieves a key milestone with full autonomy at its Escondida Norte copper pit, boosting safety and efficiency for its strategic copper expansion. Meanwhile, the miner contends with the commercial impact of China's ongoing ban on iron ore from its Jimblebar operation, forcing a reshuffle of global sales channels.

Jan 30, 2026

Business

Tax Season Scams Surge: LifeLock Warns of AI-Powered Identity Theft Tactics

As tax deadlines loom, Gen Digital's LifeLock issues a stark warning about a sharp rise in sophisticated, AI-driven identity theft schemes targeting taxpayers. The alert underscores the evolving threat landscape where cyber security, personal finance, and digital fraud increasingly intersect.

Feb 2, 2026

Business

Controversial Security Mogul Erik Prince Seeks Public Listing for AI Drone Firm Swarmer

Erik Prince, founder of the private military firm Blackwater, has filed to take his AI-powered drone autonomy company Swarmer Inc. public on Nasdaq. The firm's technology, extensively tested in Ukraine, highlights the accelerating shift toward software-defined warfare.

Feb 2, 2026

World

German Chancellor Merz Calls for Urgent European Sovereignty Amid Global 'Epochal Break'

In a stark New Year's address, German Chancellor Friedrich Merz warned that Europe faces an 'epochal break' in global order and must urgently strengthen its strategic autonomy, economic competitiveness, and defense capabilities to navigate rising geopolitical tensions.

Feb 2, 2026

Business

RTX's Defense Unit Secures Key Contracts and Test Milestones, But Valuation Concerns Loom

Raytheon, an RTX business, achieves a critical ballistic flight test for the U.S. Army's new interceptor while securing over $1.2 billion in new defense contracts. These wins solidify its role in next-generation air defense but come as the company's stock trades near record highs, prompting investor scrutiny over future growth.

Feb 2, 2026

Business

Fed Holds Rates Steady Amid Economic Strength, Defying White House Pressure

The Federal Reserve left interest rates unchanged, signaling confidence in a solid economy while inflation remains above target. The decision sets up a continued clash with a President demanding deeper cuts.

Feb 2, 2026

Business

Bitcoin Sentiment Sours as Price Struggles Below $80,000 Threshold

Market participants on prediction platform Myriad now assign a 68% probability to Bitcoin revisiting the $69,000 level, reflecting a significant shift towards bearishness as the cryptocurrency grapples with macroeconomic uncertainty.

Feb 2, 2026

US

After 14-Year Cold Case, DNA Breakthrough Identifies Man Found Under Chicago Overpass

Forensic genealogy has finally put a name to remains discovered in 2012, closing a long-standing mystery for Illinois authorities and a family.

Feb 2, 2026

Business

From Main Street to Silicon Valley: The 50 Brands That Built America

As the United States approaches its 250th anniversary, USA TODAY examines the enduring legacy of the companies that shaped the nation's culture, economy, and global identity.

Feb 2, 2026

World

Zelenskiy Expresses Optimism for 'Dignified Peace' Ahead of Abu Dhabi Talks

Ukrainian President Volodymyr Zelenskiy stated on Monday that achieving a lasting and honorable peace is a realistic goal, as preparations finalize for a new round of negotiations involving Russian and U.S. officials set to begin this week in the UAE capital.

Feb 2, 2026

Business

Warsh's Fed Dilemma: Navigating Growth, Inflation, and a Faltering Labor Market

If confirmed, incoming Fed Chair Kevin Warsh will inherit a booming yet bifurcated economy. Despite strong GDP growth and a surging stock market, stagnant hiring and sinking consumer confidence present a policy puzzle where interest rate cuts may offer no easy fix.

Feb 2, 2026

World

EU's Green Ambitions at Risk as Watchdog Warns of Critical Raw Materials Shortfall

A damning report from the European Court of Auditors reveals the bloc is falling dangerously behind in securing the lithium, cobalt, and nickel needed for its energy transition, leaving climate goals and strategic autonomy in jeopardy.

Feb 2, 2026

Business

From Hurricanes to Sentiment: Wintermute Predicts Crypto Prediction Markets Will Upend Insurance by 2026

A new report from crypto market maker Wintermute Ventures forecasts a seismic shift, arguing that blockchain-based prediction markets will begin displacing traditional insurance by making hyper-specific risks tradable. The firm outlines a future where decentralized infrastructure becomes the new clearing layer for a programmable global economy.

Feb 2, 2026

Business

Lexeo Therapeutics Faces Market Skepticism Despite Positive PKP2 Gene Therapy Data

H.C. Wainwright maintains a Buy rating on Lexeo Therapeutics but slashes its price target, citing persistent market doubts over the company's PKP2 cardiomyopathy program despite encouraging early clinical results.

Feb 2, 2026

Business

Janux Therapeutics Downgraded as Key Drug Data Gaps Raise Platform Concerns

Clear Street downgrades Janux Therapeutics (JANX) to Hold, slashing its price target amid concerns over a lack of durability data for its lead candidate JANX007 and rising competitive pressures, despite a recent major collaboration deal with Bristol Myers Squibb.

Feb 2, 2026

World

Iran's Digital Blackout: A Three-Week Internet Shutdown Exacts a Heavy Economic and Social Toll

A prolonged, nationwide internet blackout in Iran, imposed during recent unrest, has crippled businesses and severed global connections for millions, revealing the deep fragility of an economy already under strain.

Feb 2, 2026

Business

The IRS's New Digital Dragnet: Why Your Side Hustle Income Is Now on Its Radar

Fueled by new funding and AI-powered tools, the Internal Revenue Service is intensifying its scrutiny of gig economy and freelance income, making even small earnings reportable. Here’s what you need to know to stay compliant.

Feb 2, 2026

Business

London's Historic Ibex House to Become Art Deco Hotel After Planning Nod

A Dominus and Cheyne Capital partnership wins City of London approval to convert the Grade II-listed Ibex House into a 382-room hotel, slated for a late 2028 opening, complete with a hospitality academy and restored pub.

Feb 2, 2026