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First Federal Savings Bank and ICBA share 10 essential financial tips for safe summer travel.
First Federal Savings Bank and the Independent Community Bankers of America (ICBA) have issued 10 financial safety tips to help travelers manage their money securely during the summer travel season. Key advice includes notifying banks of travel plans...

Nordic American Tankers' 3 ships exit Arabian Gulf, resuming international operations amid strong market.
Nordic American Tankers Limited announced that three of its ships, previously stuck in the Arabian Gulf since February 28, have now passed through the Hormuz Strait and resumed international business. The company confirmed the safety of its crews and...

OpenAI CEO proposes US government take 5% stake in ChatGPT maker amid AI scrutiny
OpenAI CEO Sam Altman has proposed giving the US government a 5% stake in the company, valued at around $42.6 billion based on recent valuations, to share AI's economic benefits and ease political pressure. This stake could rise to $50 billion if Ope...

Infineon opens €5B Smart Power Fab in Dresden, boosting chip production and creating 1,000 jobs.
Infineon Technologies has inaugurated its new Smart Power Fab in Dresden ahead of schedule, investing €5 billion to expand its manufacturing capacity for power semiconductors and analog/mixed-signal technologies. This facility doubles Infineon's prod...

ZenaTech to showcase AI drone services and defense solutions at global investor and defense events.
ZenaTech, a tech company specializing in AI-powered drones and Drone as a Service (DaaS), will participate in six key investor and defense industry events across the US and Europe over the next three months. The company aims to engage with institutio...

Top 3 ancillary cannabis stocks—GrowGeneration, Hydrofarm, Scotts Miracle-Gro—show growth potential in July 2026.
In July 2026, three ancillary cannabis companies—GrowGeneration, Hydrofarm Holdings, and Scotts Miracle-Gro—stand out for their roles supporting cannabis cultivation without direct plant involvement. GrowGeneration leads in hydroponic supplies with e...

Global millionaire count hits 58M in 2025, fueled by US stock market gains and wealth growth.
The global millionaire population reached 58 million in 2025, driven largely by a strong US stock market that added over 440,000 new millionaires last year. Global personal wealth grew by 10.8%, the largest increase since 2017, but wealth gains were ...

Diffusion expands home portfolio with new clients in furniture, lighting, and appliances sectors.
Diffusion, a global communications agency, is growing its home and interiors portfolio by signing new clients including POVISON (furniture), LUSA Lighting, and Induction Hardware (appliances). The agency will support these premium brands with integra...

Microsoft launches $2.5B AI venture to boost enterprise AI deployments
Microsoft announced a new business unit, Microsoft Frontier, aimed at accelerating enterprise AI deployments using its existing AI tools. Backed by a $2.5 billion investment and 6,000 experts, the venture aims to be the largest outcome-driven enginee...

Oracle's $638B AI backlog signals huge growth but requires $70B investment amid stock stagnation.
Oracle has revealed a massive $638 billion backlog in AI infrastructure contracts, representing nearly a decade of revenue and signaling strong future growth. This backlog surged 363% last quarter with $67 billion in new AI deals, prompting managemen...
