Tech · Pepsico

PepsiCo to raise some prices after cuts failed to grow sales

The prices of its chips, in particular, have come into focus after the company lost shelf space because they were too expensive

3 sources · Theglobeandmail · Investing · Financialpost ·1h ago

Today’s brief

Economy

Global Bond Rout Brings Highest US 30-Year Yield Since 2004

Yields on the US’s longest-dated bonds climbed to the highest level in more than two decades, the latest milestone in a global selloff driven by inflation fears and concern about government debt burdens.

3 sources · Bloomberg · Advisorperspectives · Investing ·2h ago
Markets Seabridge Gold

Repsol Says 90% of Its Crude Supply Risks Breaching New EU Rules

Repsol SA anticipates about 90% of its crude oil supplies falling short of new European Union methane requirements that are due to take effect in January, the latest in a series of warnings from the industry that the rules could threaten the region’s energy supplies.

2 sources · Investing · Bloomberg ·1h ago

Acadia Pharmaceuticals Announces Phase 3 Enabling Topline Results from Phase 2 RADIANT Study of Remlifanserin for the Treatment of Alzheimer’s Disease Psychosis (ADP)

— Meaningful and consistent efficacy trends across endpoints support continuing with Phase 3 development of 60 mg once daily remlifanserin in ADP, with demonstrated evidence of dose effect — Narrowly missed primary endpoint of SAPS H+D (p=0.0603) with significance (nominal) on ke…

2 sources · Seekingalpha · Financialpost ·2h ago
Markets

HouseCanary Files Bankruptcy to Collect $260 Million From Rocket

Property data provider HouseCanary Inc. filed for bankruptcy to buy time to collect more than $260 million from affiliates of Rocket Mortgage, which were accused of stealing a computer model used to quickly value homes for real estate investors and mortgage brokers.

2 sources · Housingwire · Bloomberg ·2h ago
Markets

White House Says Banned Media Outlets Allowed to Return

The Trump administration said in a legal filing that it has restored access for now to three media outlets that President Donald Trump had banned from White House grounds last week.

2 sources · Ft · Bloomberg ·2h ago
Policy

Italy Returns to Nuclear After 40-Year Hiatus

For the first time in nearly four decades, Italy is considering nuclear power as part of its energy calculus. The Italian Senate on Wednesday gave final approval to a government plan to restart nuclear power generation, Reuters said, almost 40 years after a referendum led to the…

1 source · Oilprice ·22m ago
Tech

AI Policy An Opportunity For 'Bipartisan Step Forward,' Says Miriam Vogel

Miriam Vogel, president and CEO of EqualAI, said that she heard very little partisan rhetoric when she testified on the impact of AI in front of lawmakers and described the creation of AI policy as an 'opportunity for a bipartisan step forward.' Vogel also weighed in on the AI ra…

1 source · Bloomberg ·27m ago
Markets

Bitcoin Bulls Eye Next Leg as $15 Billion Options Expiry Nears

Traders seeking clues as to whether the Bitcoin rally is sustainable are turning their attention to one of the must-watch events in the derivatives market: the quarterly expiration of roughly $15 billion in options contracts.

2 sources · Bitcoinmagazine · Bloomberg ·3h ago
Tech

Cybersecurity Stocks Are So Hot Investors Question Staying Power

The shares of cybersecurity companies have soared in recent months on bets that the threats posed by cutting-edge AI models will be a boon for their businesses. But some of the stocks have run up so much that investors are questioning whether they’ve gone too far.

2 sources · Financialpost · Bloomberg ·3h ago
Policy Oracle

AI Takes Center Stage From Oracle to the White House

Bloomberg’s Ed Ludlow breaks down Oracle's latest move to protect itself from mounting costs on a massive New Mexico data center facing regulatory setbacks and local opposition. Plus, Meta comes out with a new palm-sized device for using its popular new AI assistant, Muse; and al…

1 source · Bloomberg ·46m ago
Tech

Darktrace CEO: AI Agents Are the New ‘Insider Threat’

Darktrace CEO Ed Jennings says AI agents are becoming a new kind of “insider threat” as companies rapidly deploy autonomous systems with access to sensitive data and infrastructure. As Darktrace launches new tools to track shadow AI, agent identities and behavior, Jennings discus…

1 source · Bloomberg ·49m ago
Tech

AI Emerges as a Flashpoint in Trump-Xi Talks

The US-China AI race is emerging as a key issue surrounding talks between President Donald Trump and Xi Jinping, as Chinese open-weight models close the gap with leading US systems. Rhodium Group’s Reva Goujon discusses tensions over AI safety and export controls, divisions withi…

1 source · Bloomberg ·51m ago
Markets

Saudi Oil Export Costs Surge as Red Sea Risks Mount

Saudi Arabia’s workaround for the Strait of Hormuz now carries a war-risk insurance bill nearly as expensive as sending tankers through Hormuz itself. Quoted premiums for Saudi-linked tankers calling at the Red Sea port of Yanbu have tripled to around 3% of a vessel’s value from…

1 source · Oilprice ·52m ago
Tech

Finland President Stubb on Russia-Ukraine War and AI

Finland President Alexander Stubb says the Ukraine war has moved into a better position for Kyiv compared with a year ago, citing stronger military, political and financial footing. Speaking with Bloomberg's Annemarie Hordern during the United Nations General Assembly in New York…

2 sources · Ft · Bloomberg ·3h ago
Markets

US, Iran Said to Be Exploring Phased Deal to Open Hormuz

US and Iranian negotiators are exploring a phased deal that would see Tehran reopen the Strait of Hormuz and Washington lift its economic blockade of Iranian ports, according to a person familiar with the discussions.

1 source · Bloomberg ·57m ago
Markets

Discovery 2026 Short Duration LP Raises the Maximum – $35 Million

TORONTO, Sept. 24, 2026 (GLOBE NEWSWIRE) — Middlefield, on behalf of Discovery 2026 Short Duration LP (the “Partnership”), is pleased to announce the Partnership raised the maximum proceeds of $35 million upon its second & final closing of the initial public offering of Class A a…

1 source · Financialpost ·58m ago
Economy

Trump Stance on AI an 'Extremely Naive Position,' Says Sen. Michael Bennet

Democrat Senator from Colorado Michael Bennet said that the American people want a president more focused on high interest rates and fuel prices rather 'than throwing reporters out of the White House and the glamour of his dinner with the president of China.' Bennet also weighed…

1 source · Bloomberg ·1h ago
Markets

Milei descarta recesión y está “tranquilo” sobre reelección

El presidente Javier Milei restó importancia a las señales de estancamiento de la economía argentina y dijo estar “tranquilo” sobre sus posibilidades de ganar otro mandato el año que viene, al destacar que el país sigue creciendo en términos anuales

1 source · Bloomberg ·1h ago
Markets

Netanyahu addresses UN summit

Israeli leader’s speech comes on high-profile day for international relations as Donald Trump hosts Xi Jinping at the White House

1 source · Ft ·1h ago
Markets

China Is Holding Sensitive F-35 Parts Diverted to Hong Kong

The Chinese government has taken possession of potentially sensitive F-35 stealth aircraft parts that were inexplicably diverted to Hong Kong while being sent to the US from Australia, people briefed on the incident said.

1 source · Bloomberg ·1h ago