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News Powered By AI

Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next

by News Feed Editor | Aug 31, 2026 | Business

Warner Bros. Discovery faces operational uncertainty as its proposed $110 billion merger with Paramount Skydance faces regulatory delays and antitrust challenges from California officials.

Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand

by News Feed Editor | Aug 31, 2026 | Business

Gap appointed Michael Francis as the new Old Navy CEO effective November 2, aiming to revive the struggling brand. The announcement boosted Gap shares 12% in extended trading.

Fed’s Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming

by News Feed Editor | Aug 31, 2026 | Business

Federal Reserve Chair Kevin Warsh signaled at Jackson Hole that inflation remains above target, prompting markets to increase bets on potential interest rate increases in the coming months.

The London office, the empty boxes and the £1bn tax loophole

by News Feed Editor | Aug 31, 2026 | Business

A court of appeal ruling has ended a widespread tax avoidance scheme involving placing boxes in empty London offices to avoid business rates, a practice estimated to have cost councils over £1 billion.

BT on track for estimated £2bn windfall from selling old copper amid AI boom

by News Feed Editor | Aug 31, 2026 | Business

BT is on track to receive over £2 billion from selling surplus copper cabling over the next decade as it upgrades the UK network to full-fibre broadband, capitalizing on surging copper prices driven by AI and renewable energy demand.

Trump strikes new drug pricing deals with nine midsized drugmakers

by News Feed Editor | Aug 31, 2026 | Business

President Trump announced new drug pricing agreements with nine pharmaceutical companies, bringing his administration’s total to 26 companies representing an estimated 90% of the U.S. pharmaceutical market.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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