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Business

Musk's Epic Pay Package Elicits Analyst Chuckles

The package is seen as a common-sense way to incentivize ...

China Resumes US Soybean Licenses, Log Imports

US-China trade begins a muted return toward a new normal ...

Canada's Fall Job Growth Surprises

A surge of jobs in September and October offset most ...

US Holiday Sales to Set New Trillion-Plus Record

The National Retail Federation is projecting a 4.3% rise over ...

Microsoft's Superintelligence Team to Target Medical Diagnosis

The costly new AI team will begin with an application ...

Ralph Lauren Raises Yearly Forecast on Sales Surge

The quintessential American designer label is reporting biggest sales jump ...

October Layoffs Hit 20-Year High

Most of the 175% surge in layoffs were due to ...

Musk Wins Vote on $878 Billion Pay Package

Fearing Elon's Musk's departure could tank Tesla's skyhigh share prices, ...

World Economic Forum Warns of 3 Bubbles

The international body sees possible bubbles in AI, crypto and ...

Honda Bets on Lighter Hybrid Platform

The new platform will accommodate both hybrid and ICE driven ...

Vietnam Exports to US Drop 3rd Straight Month

The 20% tariffs that went into effect in August have ...

China Export Growth Slows After Pre-Tariff Front-Loading

October export growth slowed to around 3% after an 8.3% ...

China Will Win AI Race Says Jensen Huang

Having Nvidia chips locked out of the China market will ...

India Becomes Production Hub for Japanese Carmakers

Pressured by Trump tariffs Toyota, Honda and Suzuki shift new ...

Apple to Beef Up Siri with Google's AI Model

The arrangement would cost Apple $1 billion per year until ...

Jobs Scarce Despite Rising Service Sector Activity

October saw solid growth in the service sector which accounts ...

BMW, BYD Competition Heats up with Plants in Hungary

European auto brands consider the challenges posed by the rise ...

Tesla Board Backs Record Pay Package to Handcuff Musk

Ahead of a Thursday shareholder vote the EV-maker pushes a ...

Tesla Europe Sales in Free-Fall Amid Broad EV Surge

October Tesla sales in Germany fell by over half while ...

China Bans Foreign Chips from State-Funded Data Centers

In a bid to create a self-sufficient domestic AI supply ...

McDonald's Beats Sales Forecasts with Value Meals

The world's top burger chain posted sales growth in an ...

Starbucks Sells Control of China Unit to Boyu

Tackling stiff competition from discount Chinese latte-makers Luckin and Cotti ...

Samsung Hit by $191 Million OLED Patent Verdict

The electronics giant was found to have infringed two Pictiva ...

Analysts Discuss First Real Asia Market Selloff in 7 Months

The AI-driven rise in tech stocks went too far or ...

Tinder Loses Paying Users

Tinder's paying users shrank by 5% as some defected to ...

AMD Raises Q4 Revenue Estimates

Surging demand for AI data centers causes the number 2 ...

Rivian Q3 Sales Surge to Beat End of EV Tax ...

The EV startup saw Q3 sales jump 32% at a ...

Perplexity's AI Shopping Agent Angers Amazon

Amazon demanded Perplexity block its Comet browser from deploying a ...

CEO Arvind Krishna Cuts Thousands of IBM Jobs

IBM's 270,000 workforce sees reductions as its cloud software segment ...

US Car Sales Fall in October

The end of EV subsidies caused a 6.5% drop in ...

Nintendo Boosts Forecast for Switch 2 Sales

The Kyoto-based gamemaker boosted its fiscal year sales forecast for ...

Japan October Factory Output Slowest in 19 Months

Slumping demand for cars and chips caused October PMI to ...

Tesla's October China Sales Plunge Trebles BYD's

EVs made in Tesla's Shanghai gigafactory suffered a 32.3% plunge ...

Pace of China Factory Growth Slows

Tariff anxiety appears to be discouraging aggressive factory activity as ...

Samsung SDI to Supply Tesla Energy Storage Batteries

Tesla is diversifying supply chains from China while Samsung is ...

WeRide Sets HK IPO to Raise $308 Million

The Chinese self-driving technology developer seeks capital to expand its ...

Toyota Profits Drop 2nd Consecutive Quarter

A 25% year-on-year profit drop for the world's top carmaker ...

Global Manufacturing Declines on Full Force of Tariffs

From Asia to Europe manufacturing nations began to see the ...

Tesla Sales Plunged Again in Europe

Every European market except France saw Tesla's aging models lose ...

OpenAI-Amazon Deal Latest in Long List of 2025 AI Deals

The $38 billion deal to allow ChatGPT access to Amazon's ...

US Manufacturing Slump in Eighth Month from Tariff Disruptions

Trump tariffs have created a persisting supply-chain nightmare for US ...

Tariffs Most Likely to Be Struck Down

Trump's misuse of the IEEPA to impose a long list ...

Beta Technologies IPO Raises $1 Billion, Beat Price Range

The electric airplane maker achieved a $7.44 billion valuation with ...

S. Korea GDP Grows on Exports, Consumer Stimulus

A brief slump triggered by a rogue martial law declaration ...

Verizon-AWS Fiber-Optics Routes to Speed AI Connections

Surging demand for high-bandwidth data transmission from the AI boom ...

Russia to Continue Exports of Non-GMO Soybeans to China

The US-China trade deal won't impact Russia's status as the ...

Blackwell Chips Won't Be Exported

In an apparent reversal of last week's allusion to Nvidia's ...

S. Korea Exports Surprise with Surge in Chips, Ships

A 131.2% surge in ship exports combined with a 25.4% ...

AI Buildout Barrels Ahead Despite Bubble Talk

Nvidia's $5 trillion valuation and OpenAI's planned IPO for $1 ...

Colgate Loses Sales to Generics on Small Price Increase

The toothpaste and soap giant loses some sales to generics ...