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Apple cancels work on electric car, source says

Apple has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after the iPhone maker kicked off the project.

TikTok shakes up senior roles including in trust and safety unit, Information reports

ByteDance-owned short video app TikTok is replacing several senior executives including the person running its trust and safety unit which handles content moderation, the Information reported on Tuesday, citing people at the company and a memo sent to staff.

Controlling investors at Coca-Cola Ph investing $1 billion over 5 years

Coca-Cola Europacific Partners Plc. (CCEP), the new controlling owners at Coca-Cola Beverages Philippines Inc., has pledged to invest $1 billion into the enterprise over a five-year period.

ACEN rate adjustment claims could force Meralco to seek adjustments of its own

The Manila Electric Co. (Meralco) said power rates in Metro Manila could go up should regulators allow ACEN Corp. to apply so-called change in circumstance (CIC) claims on its power supply agreements (PSAs) with the distribution utility. 

Miscreants now selling smuggled onions online and profiting from stolen NFA rice

Free market miscreants are running circles around authorities selling smuggled onions online on one hand and profiting from allegedly stolen rice from out of government-owned warehouses operated by the National Food Authority (NFA).

Just in

PCCI bets on growth amid political noise, rising costs

The Philippine Chamber of Commerce and Industry (PCCI) remains cautiously optimistic about business prospects despite rising costs, governance concerns and political controversies, urging the government to restore investor confidence and accelerate reforms.

SMX secures third TTG win as MICE footprint expands

SMX Convention Center has secured its third consecutive Philippines’ Best Convention & Exhibition Center title at the 35th TTG Travel Awards, as parent company SM Hotels and Conventions Corp. (SMHCC) expands its meetings, incentives, conferences and exhibitions (MICE) facilities beyond established business hubs.

Vivant Foundation expands solar projects across Panay communities

Vivant Foundation Inc. (VFI), the corporate social responsibility arm of Cebu-based Vivant Corp., is expanding its flagship Project Liadlaw across Panay Island, broadening the program from school electrification to healthcare, technical-vocational education, and literacy initiatives.

Grab, MOVE IT expand healthcare support for gig workers

Grab Philippines and MOVE IT are expanding healthcare support for gig workers through a partnership with Maxicare, giving eligible driver-, rider-, and delivery-partners access to free, unlimited medical consultations starting November 2026.
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