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 Says TV Business to Be Less Affected by US Tariffs Due to Mexico Output
Samsung Electronics’ TV business is expected to be less impacted by recently instituted U.S. tariffs, at least in large part due to its strong production […]
Donald Trump Floats China Tariff Relief in Exchange for TikTok Sale Approval
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 Faces Decline in Sales Amid Demand Shifts and Brand Controversies
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 […]
Eli Lilly’s Lepodisiran Shows Promise in Reducing Genetic Heart Disease Risk
Turning to the middle stage of clinical testing, Eli Lilly has an experimental drug known as lepodisiran, which has been known to show a remarkable […]
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 […]