Uber is reportedly planning to lay off about 10% of its global workforce, or around 3,300 people, to reduce management layers. The move is part of strategic restructuring.
The Singapore stock market ended a two-day winning streak, with the Straits Times Index just above the 5,710-point plateau. The market is expected to open under pressure again on Wednesday.
The SEC has proposed a new rule affecting transfer agents. The agency also scheduled an event to examine the possibility of round-the-clock trading in U.S. equities.
The S&P 500 has historically declined by an average of 1.1% in September between 1928 and 2025. The article discusses where investors might seek shelter if this seasonal pattern affects AI stocks this year.
U.S. Treasury Secretary Scott Bessent said China dissented from a G20 statement opposing cheap exports that flood global markets. The report links the trade stance to broader U.S. efforts to pressure Iran's economy through secondary sanctions.
The Malaysia stock market has declined for three straight sessions, with the Kuala Lumpur Composite Index losing almost 50 points. The index now sits just above the 1,700-point level and may extend losses on Wednesday.
The article examines whether self-flying planes could transform aviation, noting that autonomous crop-spraying aircraft are leading the way in pilot-free flying. It focuses on the emerging use of autonomous flight technology.
Palo Alto Networks CEO Nikesh Arora said AI is forcing companies to modernize roughly $1 trillion of aging cybersecurity infrastructure. He said existing systems are not equipped for AI-driven attacks.