Business
Kylian Mbappé loses three Chinese brand deals after dictator comment
The soccer star apologized and saw endorsements end with Dongpeng, Mengniu and Milkground following a controversial remark about Mao Zedong.
U.S. business news, markets, technology and companies
Technology
Zhang Yiming’s $100 Billion AI Fortune Tops China’s Richest List
ByteDance founder Zhang Yiming leads a Hurun report showing AI driving wealth as China’s billionaire count tops U.S. peers.
AI
Markets
Apple to Replace iPhone Duo Units with Cracked Inner Screens
Apple acknowledges a defect in the iPhone Duo’s inner display and is offering replacements through AppleCare.
Apple
Technology
JLL’s Neil Murray Says AI Won’t Trim Workforce Even as Automation Grows
JLL's real-estate head Neil Murray says AI will create better jobs, while the firm’s report shows stable headcount, rising tech spend and outcome-based…
AI
Markets
Boeing Narrows Q3 Loss, Sets Goal for 52 Max Jets per Month by Late 2027
Boeing reported a narrowed Q3 loss, higher defense revenue and a plan to lift 737 Max output to 52 a month in the second half of 2027.
Across the U.S. Economy
Markets
JetBlue shares jump nearly 19% as outlook steadies investors
JetBlue stock rose almost 19% after reporting a larger Q3 loss but projecting higher revenue per seat mile and a path to profitability.
Economy
Fed Survey Shows Pause This Week, December Hike Likely, Two More Hikes Expected Next Year
CNBC survey of 30 market experts finds 93% expect a Fed pause in October, 76% see a December hike, and over half forecast about two hikes next year.
Companies
American Airlines lifts annual fees on two AAdvantage cards to $150
American Airlines hikes fees on its Platinum Select and Business AAdvantage cards to $150, adding TSA PreCheck credit and hotel mileage bonuses.
Technology
World Bank President Banga says AI-driven borrowing costs won’t choke capital
World Bank chief Ajay Banga told CNBC capital remains available despite AI-linked interest-rate pressures.
AI
Companies
Honda warns 50% Canada auto tariffs will cripple industry
Honda says a jump to 50% tariffs on Canadian vehicles would be catastrophic if a new North American trade deal isn’t reached by year-end.
Business
Survey Finds 70% of Tax Scholars Oppose California’s Billionaire Tax
A survey of National Tax Association members shows nearly three-quarters would vote against Proposition 40.
Companies
Kenect Acquires AI Startup ShelVey for $9.2 Million as Business Texting Platform Expands Into Automation
The Utah-based business communication company is betting on artificial intelligence to transform customer engagement, acquiring the Delaware-based SaaS…
AIStartupsM&A
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