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Friday, October 16, 2026
The New York Finance

Top Business News Around The World

Friday, October 16, 2026

Business

Trump unveils investments to power AI boom

US President Donald Trump went to Pennsylvania on Tuesday to announce $92 billion in energy and infrastructure deals intended to meet big tech’s soaring demand for electricity to fuel the AI boom.…

By The New York Finance Staff

Starbucks receives bids for stake in China business: US media

Starbucks has received around 30 offers from investment firms seeking a stake in the company’s China business, US media reported Wednesday. The coffee chain’s China business, its second biggest after its US…

By The New York Finance Staff

Trump extends deadline for TikTok sale by 90 days

President Donald Trump announced Thursday he had given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the United States. “I’ve just signed the Executive…

By The New York Finance Staff