timef 08/01/2025

A fresh ultimatum demanding "binding commitments" to lower U.S. drug prices sent pharma firms scrambling Friday.

Nonfarm payrolls were expected to increase by 100,000 in July, according to the Dow Jones consensus estimate.

The duty would be a "devastating" blow to the export-reliant Swiss economy and businesses, analysts say.

Chevron's net income took a hit due to loss from the company's acquisition of Hess in mid-July.

Economists polled by Reuters had expected the figure to hit 1.9%.

Trump’s late-night tariff moves have become a hallmark, catching markets off guard, reshaping deals, and forcing countries to react in real time.

Nintendo shares have rallied roughly 40% so far this year on excitement over the firm's new Switch 2 hybrid console.

Moon ventures are increasingly becoming a "stepping stone" as the space industry's enthusiasm rallies around Mars.

Chinese companies are capitalizing on a trove of video and gaming experience to ramp up money-making AI tools for generating videos and visual effects.

Here are reactions from world leaders and countries in Asia as the clock ticks down to the August 1 deadline.

The White House could be aware that the dramatic shock of tariffs has less power to sway trade deals when staged a second time

All goods that are considered to have been transshipped to avoid applicable duties will be subject to an additional 40% tariff, according to the White House.

Visitor interest in Japan plunged in June, amid a prophecy in a manga that predicts a "disaster" would strike Japan in July 2025.

Apple CEO Tim Cook said that Apple would "significantly grow" its AI investments, adding that the company is "open to M&A that accelerates our roadmap."

The guidance spooked investors who are eager to see Amazon’s hefty investments in artificial intelligence pay off.

Fast-growing Figma's internet software has more than 13 million users, and the customer list includes Google, Microsoft and Netflix.

Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.

Reddit reported second-quarter earnings on Thursday that beat on sales and guidance.

American boat buyers and European shipyards are scrambling to assess the damage from the proposed U.S. 15% tariffs on European-made goods.

Trump's reciprocal tariffs and trafficking-related duties were preivously struck down by a federal trade court, but that decision was put on pause.