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Food Price Index Hits Highest Level Since 2022 as Supply Shocks Pile Up

His case reflects a global pattern. War-related shipping disruptions and El Nino-driven drought are squeezing cereal supplies, and the pressure falls on vulnerable consumers.

Nitish Kishor | 19 October 2026

European Electric Car Registrations Jump 70 Percent in September as Battery Share Passes 32 Percent

Across 17 key European markets, 300,202 fully electric cars were registered in the month, giving them a 32.6 percent share of the market. Almost a third of cars sold in those markets were battery-electric. So far this year, 1.98 million battery-electric vehicles have been …

Nitish Kishor | 19 October 2026

SpaceX (NASDAQ:SPCX) and Tesla (NASDAQ:TSLA) Report Earnings on Consecutive Days as Merger Talk Builds

The results test whether Starlink’s steady growth and Tesla’s car profits can fund the AI spending behind the merger debate. An adviser at an investment firm who owns shares in both companies said investors focus on Starlink revenue growth more than launch counts, and …

Nitish Kishor | 19 October 2026

Albertsons (NYSE:ACI) Seeks More Than USD 8 Billion From Kroger (NYSE:KR) as Failed Merger Goes to Trial

Idaho-based Albertsons, whose chains include Safeway, Acme and Kings Food Markets, claims that Kroger broke its commitment to obtain regulatory approval for the deal by refusing to sell a sufficient number of stores. As a result, Albertsons says it is owed a premium of …

Nitish Kishor | 19 October 2026

Anthropic Commits 5 Percent of Shares to Public Benefit Fund as Musk Urges Direct Share Gifts

Anthropic said the proposed fund is established as a wholly owned limited liability company. It receives an additional 2 percent of Anthropic’s shares, at the board’s discretion, for every 50 percent increase in the company’s value above a baseline that has not been disclosed.

Nitish Kishor | 19 October 2026

Supreme Court Term Features Climate, Immigration, Gun and Voting Cases

On October 5, the justices wrestled with whether to let local governments try to hold oil companies liable for harms caused by climate change. ExxonMobil (NYSE:XOM) and Suncor Energy (NYSE:SU) are trying to thwart a lawsuit by officials in Boulder, Colorado, after the state’s …

Nitish Kishor | 19 October 2026

What to Know About the 2026 US Midterm Elections as Early Voting Runs

Two statistics frame the year. As of October 12, a record USD 3.8 billion had been spent on aired political advertisements, with the top spending in battleground Senate races in Texas, Ohio and Michigan. Elon Musk alone has spent about USD 366 million to …

Nitish Kishor | 19 October 2026

Supreme Court Declines Google (NASDAQ:GOOGL) Challenge to Patent Office Review Policy

The justices turned away Google’s appeal of a lower court’s decision not to force the agency to reconsider, without using its “settled expectations” rule, the company’s challenge to the validity of a patent held by software company VirtaMove. The patent involves server software, and …

Nitish Kishor | 19 October 2026

Netflix (NASDAQ:NFLX) Faces Questions on Engagement and Growth Ahead of Third-Quarter Report

Co-chief executive Ted Sarandos recently admitted the company is not growing as fast as he wants, and suggested live programming offers an opportunity to accelerate growth.

Nitish Kishor | 19 October 2026

Nvidia (NASDAQ:NVDA) Wins AI Startup Modal as Customer for Vera Central Processors

Modal, a cloud-computing startup that rents out computing power to AI developers, said it plans to start using Nvidia’s new Vera central processor for the first time for hosting agents, the AI systems that carry out long-running tasks for human users. Modal has so …

Nitish Kishor | 19 October 2026
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