After a steep sell-off on Wall Street, Asian stock markets fell heavily, with Japan’s Nikkei 225 dropping almost 8% in one of its biggest single-day […]
Category: Business
Samsung: TV Business Less Impacted by US Tariffs Thanks to Mexico Production
Recent U.S. tariffs are expected to have less impact on Samsung Electronics’ TV business, partly due to its strong production facilities in Mexico. Most of […]
Donald Trump Offers China Tariff Relief in Return for Approval of TikTok Sales
Former President Donald Trump has raised new controversy by indicating he could provide limited tariff relief to China in return for rapid approval of a […]
JPMorgan Raises Recession Risk to 60%
A worldwide recession now seems more probable than not this year, economists at JPMorgan said, increasing their probability estimates to 60% after recent U.S. tariff […]
Tesla’s Sales Are Declining Due To Changes In Demand And Brand Disputes
Tesla, the electric vehicle company named after its CEO, Elon Musk, is dealing with a genuine decline in sales. The latest numbers show that deliveries […]
OpenAI Just Raised $40 Billion—Biggest Tech Deal Ever
OpenAI, the AI research institution behind the hit ChatGPT, has closed a record $40 billion funding round, making it one of the best-capitalized private technology […]
OpenAI Announces Massive $40 Billion SoftBank Investment
OpenAI has obtained as much as $40 billion in fresh funding from the lead Japanese investment company SoftBank, constituting one of the biggest private tech […]
Lepodisiran from Eli Lilly May Help Lower the Risk of Genetic Heart Disease
Moving on to the middle phase of clinical trials, lepodisiran, an experimental medication from Eli Lilly, has demonstrated a notable decrease in lipoprotein(a) [Lp(a)], a […]
Powerball Player in Washington State Wins $50,000 Prize
A Powerball ticket purchased in Washington State has turned into a small fortune for one fortunate player, who won a $50,000 prize in the most […]
Lululemon Reports Decline in U.S. Store Traffic Amid Economic Concerns
As the economic fears occupy customers’ minds, spending behavior has been tightening, and the a steady downward trend in traffic in U.S. stores selling fashion-based […]