Moody's on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt affordability, a move that drew immediate criticism from President Joe Biden's administration.
OpenAI's announcement on artificial intelligence "apps" do not spell the death knell for nascent startups building AI products, two OpenAI investors said at a Reuters NEXT conference on Thursday.
Shipping group A.P. Moller-Maersk, reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs and weaker prices, sending its shares tumbling.
California's top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for the energy transition.
When people think of foods related to type 2 diabetes, they often think of sugar (even though the evidence for that is still not clear). Now, a new study from the US points the finger at salt.
Philippine vehicle sales slipped 1 percent in the first 11 months of 2025, but industry leaders are betting on a strong December finish to push the market closer to record territory.
The Thunder Consortium has secured P35 billion in bridge loan facilities from BDO Unibank Inc. and Metropolitan Bank & Trust Co. to help finance its acquisition of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex.
Filipinos are encountering scam attempts nearly every day, according to a new nationwide study by the Global Anti-Scam Alliance (GASA). The survey found that the average Filipino comes across a scam every two days, and six out of ten people were targeted successfully at least once in the past year.
The Department of Agriculture (DA) has tightened the monitoring of wet markets as demand for food rises ahead of Christmas, aiming to keep prices stable and protect consumers.