California Governor Gavin Newsom signed ‌legislation allowing the immediate sale of a higher-ethanol fuel blend in the state, as it seeks to rein in skyrocketing costs at the pump in the country's largest auto market.

Alphabet's Google on Monday opened pre-orders for Googlebook, its new premium laptop category for Android users built around the ‌company's Gemini AI tools.

Advanced Micro Devices soared past $1 trillion ‌in market capitalization for the first time on Monday, joining a small group of chipmakers to reach the milestone, as investors bet on its expanding role in AI computing.

New York-listed digital retailer REVOLVE Group on Monday unveiled a joint venture with Donatella Versace to create a new beauty and ‌fashion business targeting younger consumers.

The Czech Republic on Monday provisionally approved Tesla's Full Self-Driving (FSD) system, reversing a ‌previously sceptical stance over issues including speed-limit compliance and driver oversight.

Suggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current debt and deficits are the very reason ‌the central bank needs to be independent in setting monetary policy, Chicago Fed President Austan Goolsbee said on Monday.

Novo Nordisk said on Monday its next-generation experimental drug, CagriSema, delivered an ‌estimated average weight loss of 12.4% in a late-stage trial in patients with diabetes, outperforming Eli Lilly's rival drug.

US inflation may have moved beyond the tariff and energy prices shocks of the last 18 months and is now being driven by strong demand as well, potentially requiring a faster ‌pace of Federal Reserve interest rate hikes, Chicago Fed President Austan Goolsbee said on Monday.

Rare earth shortages are pushing some suppliers of aerospace companies to revisit decades-old turbine coating formulas ‌once considered obsolete, after US-China tensions disrupted supplies from the world's dominant producer of critical minerals.

A global diesel shortage fueled by wars in Iran and Ukraine is unlikely to ease before next year, according to storage market indicators and industry participants, extending a spike in fuel costs that is weighing on economies worldwide.

Wall Street's main indexes rose on Monday, powered by AI gains as Treasury yields eased and crude prices tumbled more than 3% to hit an 11-day low on hope of progress in Middle ‌East negotiations during the UN meeting this week.

Treasury Secretary Scott Bessent told reporters that the two sides discussed setting up a new US-China AI dialogue, with a particular emphasis on national security concerns.

Seeking to settle a lawsuit with 12 states, Paramount has discussed measures to protect the editorial independence of CNN and the divestiture of Comedy Central.

© Mark Abramson for The New York Times

The Swiss maker of KitKats and Nescafé said it was assessing the situation after the Kremlin issued a presidential decree.

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