ABE NEWS | September 15, 2026 Eleven years ago, Intel spent approximately $16.7 billion buying Altera in one of the biggest semiconductor acquisitions of its era. The deal was supposed to give Intel a stronger position in programmable chips and bring another major technology business inside a company that was still one of the…
ABE NEWS | SEPTEMBER 28, 2026 For generations, Saudi Arabia’s economic power has rested on something buried beneath its desert: oil. Petroleum transformed the kingdom into one of the world’s wealthiest countries, financed enormous infrastructure projects and gave Saudi Arabia influence stretching far beyond the Middle East. Now the kingdom wants to prove it can…
ABE NEWS | August 27, 2026 One of North America’s five Great Lakes has suddenly become the latest battleground in the deteriorating relationship between the United States and Canada. U.S. President Donald Trump signed an executive order Thursday directing the American federal government to rename Lake Ontario as “Lake America,” turning what had been…
ABE NEWS | Week in Business | Friday, September 4, 2026 Welcome to ABE NEWS Week in Business — our Friday look back at the companies, markets, money and economic developments that defined the week. And this week delivered something remarkable. Nearly everywhere you looked, businesses were confronting the same fundamental question: How much…
ABE NEWS | September 2, 2026 Uber is cutting approximately 3,300 jobs worldwide — around 10% of its global workforce — in one of the company’s biggest restructurings since the pandemic, as Chief Executive Dara Khosrowshahi moves to flatten management, consolidate teams and redirect resources toward the next phase of Uber’s growth. The changes go…
ABE NEWS | August 31, 2026 Canada’s escalating trade confrontation with the United States is threatening to hit two companies that are not Canadian and not American particularly hard. They are Japanese. Toyota and Honda have spent decades building enormous manufacturing operations in Ontario, turning Canada into an important production base for some of…
ABE NEWS | September 4, 2026 For months, something strange was happening inside an obscure German-language programming website. Artificial-intelligence agents were editing pages. Then editing more pages. They appeared to leave information for other agents. They shared techniques for overcoming restrictions. They created backups when information disappeared. Some apparently impersonated moderators. And by the…
ABE NEWS | SEPTEMBER 18, 2026 For most people, artificial intelligence still exists behind a screen. A user types a question, a model produces an answer, and the interaction ends in the digital world. Anthropic is beginning to push beyond that boundary. The maker of Claude has established a wet laboratory in the San Francisco…
THE ABE HOOK Fourteen months. That’s roughly how long it took for the Los Angeles Lakers to go from being valued at $10 billion in one ownership deal to $12.5 billion in another. Not because the Lakers suddenly discovered a new sport. Not because basketball changed overnight. But because owning one of the world’s…
ABE NEWS | September 2, 2026 Europe’s confrontation with Russia is entering increasingly dangerous territory — and this time the centre of the story is not Ukraine. It is Germany. German authorities have formally accused Russia of orchestrating an attempted explosive-drone attack at Leipzig/Halle Airport, one of Europe’s important cargo hubs and a logistics centre…
