Braskem SA said negotiations with creditors are advancing as part of an effort to restructure the troubled petrochemicals producer’s finances.

Luigi Mangione pleaded guilty to federal stalking charges related to the fatal shooting of UnitedHealth Group Inc. executive Brian Thompson. Mangione admitted on Friday in New York federal court that he shot and killed Thompson on Dec. 4, 2024. He faces life in prison. Mangione's attorney, Karen Fri

Luigi Mangione pleaded guilty in a federal case over the fatal shooting of UnitedHealth Group executive Brian Thompson in December 2024. (Source: Bloomberg)

US Stocks open to their third straight record-setting week as the S&P 500 closes above 7,800 for the first time and the Nasdaq posts a 1.2% weekly gain, with July retail sales and Michigan Consumer Sentiment at 8:30 a.m. and 10:00 a.m. ET as the final data gatekeepers before the weekend

Cisco reported record quarterly revenue of $17.25 billion and $9.3 billion in AI infrastructure orders for the year, then fell 8% as gross margin compressed. Applied Materials beat earnings and raised its outlook but fell on an 80% free cash flow drop from inventory buildup.

Wall St futures muted as higher oil prices temper risk appetite after S&P record close Reuters

US equities slipped from all-time highs as new data showed that consumer spending softened in July.

Heated rows over $1bn-grossing movie reflect The Odyssey’s enduring force

Crime boss suspect tried to mix legitimate business with allegedly running a murderous empire

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