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A US appeals court ordered a lower court to reconsider drone maker DJI's inclusion on a Pentagon blacklist. The ruling gives DJI a fresh chance to challenge its designation as a Chinese military company.

US Court Orders Review of DJI Pentagon Blacklist

A US appeals court ordered a lower court to reconsider drone maker DJI's inclusion on a Pentagon blacklist. The ruling gives DJI a fresh chance to challenge its designation as a Chinese military company.

Durr CTS will permanently close its De Pere manufacturing plant in phases starting October 13. The phased shutdown will eliminate 75 jobs across 29 categories by early 2027.

Durr CTS to Close De Pere Plant

Durr CTS will permanently close its De Pere manufacturing plant in phases starting October 13. The phased shutdown will eliminate 75 jobs across 29 categories by early 2027.

JPMorgan Chase ended its banking relationship with prediction market platform Polymarket last October due to regulatory concerns. The decision comes amid rising scrutiny of prediction markets by state and federal regulators.

JPMorgan Cut Ties With Polymarket

JPMorgan Chase ended its banking relationship with prediction market platform Polymarket last October due to regulatory concerns. The decision comes amid rising scrutiny of prediction markets by state and federal regulators.

Nvidia has reduced its initial funding guarantee for a proposed OpenAI data center in Ohio to under 120 billion dollars. The adjustment follows investor concerns regarding large financing commitments.

Nvidia Scales Back OpenAI Data Center Backstop

Nvidia has reduced its initial funding guarantee for a proposed OpenAI data center in Ohio to under 120 billion dollars. The adjustment follows investor concerns regarding large financing commitments.

Anthropic is preparing for a major initial public offering with a valuation based on projected 2028 revenue reaching up to two hundred billion dollars. Wall Street investors are looking far ahead to price the artificial intelligence company amid heavy infrastructure spending.

Anthropic IPO Targets 2028 Revenue

Anthropic is preparing for a major initial public offering with a valuation based on projected 2028 revenue reaching up to two hundred billion dollars. Wall Street investors are looking far ahead to price the artificial intelligence company amid heavy infrastructure spending.

Market Overview

Iran vowed to maintain its blockade on the Strait of Hormuz unless the United States accepts defeat. Meanwhile, President Trump urged Americans to accept higher fuel costs to support the conflict.

Iran Defies US Over Strait As Fuel Prices Rise

Florida State University officials highlighted the institution's growing economic footprint, substantial research funding, and expanding budget at a regional chamber conference. Leaders discussed future partnerships in healthcare and technology.

FSU Highlights Economic Impact at Chamber Conference

Florida State University officials highlighted the institution's growing economic footprint, substantial research funding, and expanding budget at a regional chamber conference. Leaders discussed future partnerships in healthcare and technology.

Jane Street suffered a fifteen billion dollar loss in July due to exposure in AI-focused hedge funds and a broader tech selloff. Despite the downturn, the firm maintains strong year-to-date trading revenue.

Jane Street Takes $15B Hit in July

Jane Street suffered a fifteen billion dollar loss in July due to exposure in AI-focused hedge funds and a broader tech selloff. Despite the downturn, the firm maintains strong year-to-date trading revenue.

Berkshire makes Alphabet its third largest holding

Berkshire Hathaway increased its Alphabet stake by 83 percent in the second quarter to make the Google parent its third largest stock holding. CEO Greg Abel also trimmed the conglomerate cash pile and eliminated its position in Constellation Brands.

Canada and US Far Apart on Trade Deal

Canadian trade minister Dominic LeBlanc says Canada and the United States remain far apart on a draft trade deal. Daily meetings continue in Washington as the August 19 deadline approaches for proposed U.S. tariffs.

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