China strikes conciliatory tone ahead of expected Trump-Xi meeting

Chinese Commerce Minister Wang Wentao told reporters Friday that the U.S. and China can still find ways to work together, and that Beijing opposes decoupling.
Trump says all U.S. trade negotiations with Canada are terminated over Reagan tariffs TV ad

President Trump claimed Canada had ran an ad featuring former President Ronald Reagan talking about tariffs to influence a pending U.S. Supreme Court case.
Alaska Air cuts annual profit forecast on higher fuel costs

Alaska Air lowered its 2025 profit forecast on Thursday as higher fuel costs and operational challenges, including adverse weather, weighed on its margins.
U.S. mulls software-linked export curbs on China: ‘Everything is on the table’

The U.S. weighed curbs on software-related exports to China, responding to Beijing’s rare earth export controls, ahead of a critical round of negotiations.
CNBC’s Inside India newsletter: Diwali sans sparkles for tariff-hit Indian exporters

As months pass without a trade deal with U.S., Indian exporters face the brunt of unsold inventories, importers bargaining for discount and idle capacities.
Applied Materials lays off 4% of workforce

The move comes amid “automation, digitalization and geographic shifts,” the company said.
Microsoft AI chief says company won’t build chatbots for erotica

Microsoft AI CEO Mustafa Suleyman said the software company won’t build erotica AI services, the latest break with rival-partner OpenAI.
Stocks making the biggest moves after hours: Intel, Ford, Deckers, Newmont and more

These are the stocks posting the largest moves in extended trading.
Apple begins shipping American-made AI servers from Texas

The milestone could please President Donald Trump, who has called for Apple to do more manufacturing on U.S. shores.
Former Knicks star Carmelo Anthony says gambling puts pressure on athletes

Carmelo Anthony said that NBA stars feel the pressure from the rise of sports betting.