AI gains and strong earnings support Wall Street as tariff woes linger

Four out of five workers trapped in a collapse at Codelco's El Teniente copper mine in Chile have been found dead, with rescue efforts ongoing for the remaining miner. The incident highlights the dangers of mining operations, even at one of the world's largest and most modern facilities.

Amphenol, a major electronics components maker, is close to finalizing a $10 billion deal to buy CommScope's broadband and cable business, according to a report by the Wall Street Journal. This acquisition would significantly expand Amphenol's footprint in the telecom and internet infrastructure sector.

Editor’s Note: This deal is a big move in the tech and telecom industry, signaling Amphenol's push to strengthen its position in broadband infrastructure. For consumers, it could mean more integrated and efficient networking solutions down the line, though regulatory scrutiny may shape how it all plays out.

China's copper smelters might have to cut back on their record-high production due to a shortage of raw copper ore. This comes as the Chinese government cracks down on industrial overcapacity, adding pressure to an already strained supply chain.

Editor’s Note: Copper is a crucial material for everything from electronics to construction, so a slowdown in China—the world's top producer—could ripple through global markets, potentially driving up prices and disrupting supply chains. This story highlights how resource shortages and policy shifts can impact both industry and consumers worldwide.

The article discusses the potential risks of former President Trump dismissing the head of the U.S. agency responsible for collecting economic data, drawing parallels to historical instances where such actions led to unreliable or politicized statistics. Experts warn that undermining data integrity could harm policymaking and public trust.

BlueScope Steel is spearheading an international group to bid for the struggling Whyalla steelworks in South Australia, with plans to explore transforming it into a green steel production facility. This move could revitalize the site by shifting to low-carbon manufacturing.

Editor’s Note: This story matters because it signals a major step toward sustainable steel production, which is critical for reducing industrial carbon emissions. If successful, it could set a precedent for other heavy industries to adopt cleaner technologies while preserving jobs and local economies.