Business

PayPal is pushing its PYUSD stablecoin into real commercial use, targeting cross-border payments and business settlements as banks monitor the shift.

The EU is pressing Apple and Google over App Store fee structures under the Digital Markets Act, with formal investigations open and major fines possible.

The Federal Reserve held interest rates steady, rejecting Wall Street pressure for cuts. Powell cited sticky inflation and a resilient labor market as key reasons for the hold.

Spotify's audiobook expansion is hitting resistance from publishers demanding better royalty deals, exposing a structural tension between platform growth and content economics.

Amazon's Alexa Plus subscription push is drawing backlash from longtime Echo users who say the move redefines what they paid for when buying into the ecosystem.

TSMC is accelerating its Arizona semiconductor expansion as Taiwan Strait tensions grow, backed by federal CHIPS Act funding and pressure from major U.S. chip customers.

The EU has launched a formal antitrust probe into Amazon under the Digital Markets Act, targeting Buy Box algorithms, seller data use, and promotional access terms.

Amazon is expanding its Fresh format grocery stores, targeting routine weekly shoppers with Prime discounts, private-label products, and tighter digital-physical integration.

OPEC struggles to maintain production discipline as U.S. crude output hits record highs, quota cheating spreads among members, and Saudi Arabia's leverage weakens.

Microsoft and Google are racing to lock in long-term enterprise AI contracts before the market standardizes. Here is how each company is competing and what is at stake.