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Top Stories: Page 27
Honeywell Aerospace Blames Supply Chain for Lowered Earnings Forecast
The company had expected supply chain fixes to boost output more quickly this year, CEO James Currier said.
UAE Defies Hormuz Risks to Keep Crude Flowing to Global Market
The stop-start nature of negotiations over reopening the Strait of Hormuz in recent months means analysts and traders expect shuttling to continue in some form.
Trump Tariff Refunds Hit $100B
The $100 billion that's been refunded so far makes up 60% of the $165 billion collected from President Donald Trump's "Liberation Day" levies.
Texas To Pause Data Center Approvals for Statewide Audit
This marks the country's second statewide pause on data centers, after New York enacted a one-year moratorium in July.
Researchers Uncover 'Backdoor' in Chinese-Made Internet Routers
VulnCheck CTO Jacob Baines estimates that at least 100,000 routers containing the backdoor have already been deployed globally.
China Announces Sweeping Retaliatory Sanctions Against U.S.
China banned six U.S. firms from trading with Chinese companies, and added new review requirements for exports of unmanned aerial vehicles.
Shipowners Say Hormuz Tolls Would Lead to More Charges Elsewhere
The prospect of Iran imposing transit fees in Hormuz has focused attention on the fragility of global supply chains.
Iran Weighs Allowing Europe to Clear Mines in Strait of Hormuz
The move would give the shipping and insurance industries some much-needed third-party assurance that the strait is safe after more than five months of military conflict.
Survey: Execs Admit That AI Adoption Is More Show Than Substance
At least three quarters of executives admit that their AI strategy is "more for show," while 39% lack a formal plan to use AI tools to drive revenue.
Iran, Oman Say They Are Near Deal on Temporary Hormuz Route
Negotiations between the two countries have not involved the U.S., as the ongoing standoff between Iran and the Trump administration has intensified.
Water Levels Along Rhine, Danube Rivers Sink to Record Lows
Rhine River levels measured in Western Germany in Cologne and Lobith were lower than they were at any point since records began.
Record Heat Wave Threatens Crops Across Europe
Following the hottest June on record for Western Europe, the EU has cut harvest predictions for a range of crops, including sunflowers, grain maize and potatoes.
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