Justin Kim's Firefly Hits $10 Bil. Valuation on Successful IPO
Headed CEO Jason Kim, the first private space company to achieve a soft lunar landing debuts its stocks amid high demand and expected share price ...
Business
Taiwan Probes Chinese Firms for Poaching Chip Talent
Talent for advanced chip design and manufacturing was poached by 16 Chinese companies doing business illegally in Taiwan.
GM, Hyundai to Co-Develop 5 Vehicles to Take on Chinese Rivals
Competition from Chinese companies targeting the Latin and South American markets has brought together the world's 3rd and 6th largest automakers by volume in joint ...
Shyam Sankar, Palantir to Develop Controversial Deportation App
Palantir's chief technology officer is getting heat for developing an app designed to help Trump's deportation push.
Beijing Robot Mall Brings Humanoid Helpers to the Masses
Robot Mall brings retail savvy to help China's robot makers sell a wide assortment of robots to ordinary Chinese.
OpenAI Releases Open-Weight AI Models Optimized for Laptops
The new model will allow adjustments in weight to be made by each end user for optimal efficiency.
Verdict Against Tesla Seen as Big Blow to Crucial Robotaxi Ambitions
The fatal crash jeopardizes the approval that Tesla must secure from many state regulators to ensure Robotaxi's success.
Caterpillar Expects $1.5 Billion Tariff Hit for 2025
The leading American construction equipment maker must pay high tariffs to import components from overseas suppliers.
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A $60M Brand Is Revolutionizing Caffeine
Neurogum is the brainchild of two college pals with an inspiring startup story and a company changing the way we boost our brain.
Vinfast's India EV Plant Open to Sourcing More Components Locally
The first overseas factory of the Vietnamese EV firm has begun operations in its India plant with the goal of producing 50,000 EVs for sale ...
Japan Wins $6.5 Bil. Deal to Build Next-Gen Warships for Australia
The Mitsubishi deal is the biggest armaments contract since Japan ended its ban on military exports in 2014.
Joseph Chen's Anduril Begins Supplying Rocket Motors to US
Defense technology startup Anduril, co-founded by Joseph Chen, has become the third company to supply solid rocket motors to the US military.
Tesla Brand Loyalty Collapse Tied to Musk's Trump Ties
Elon Musk's massive support for the Trump campaigns and his subsequent DOGE work has taken a heavy toll on Tesla, in addition to the emergence ...
Tesla Sales of China-Made EVs Fall in July to Intense Cost Competition
The surge of EVs from Chinese companies is forcing Tesla to work on bigger low-cost models with longer range.
China Welcomes Brazilian Coffee Displaced by Trump Revenge Tariffs
China approved 183 new Brazilian coffee exporters after Trump, irked by Lula's criticism, is making US coffee drinkers pay by imposing 50% tariff rate on ...
$243 Mil. Verdict Against Tesla Sends Chill through Self-Driving Industry
Tesla's self-driving technology was found at least partially at fault for allowing a Model S to ram the victims standing beside their SUV.
Berkshire's Consumer Goods Businesses Fall to Trump Tariffs
Warren Buffet's broad array of investments provides a window into how the US economy is faring under the irrationally high rogue tariffs imposed by Trump ...
Delta Won't Use AI to Personalize Fares
Delta's plans to deploy AI-based revenue management won't include personalizing fares, the airline announced.
Job Growth Slows, Unemployment Rises on Trump Tariff Disruptions
Trump may well get his wish for a Fed rate cut in September by creating difficulties for the vast majority of US businesses, thereby ensuring ...
Investors See No Haven from Supply Line Disruptions Caused by Trump Tariff
By hitting dozens of countries with threatened high tariffs, Trump ensures that businesses in the US and around the world will suffer from the high ...
S. Korea Exports Surged in July to Frontrun Tariffs
High demand for chips, ships and cars boosted S. Korea's exports to record levels ahead of expected lower demand as tariffs kick in.
US-S. Korea Trade Deal Produces Relief, Optimism
S. Korean investors see cause for optimism at having Korean exports tariffed at the same levels as Japan and EU.
Tieups to Revive US Shipbuilding Was Key to S. Korean Trade Deal
$150 bil. worth of Investment by S. Korea's leading shipbuilders into rebuilding the US shipbuilding industry helped secure a tariff rate at the same level ...
Microsoft Joins Nvidia in $4 Trillion Club
Success in integrating cutting-edge AI features into its software and cloud offerings has helped Microsoft's earnings growth.
June Inflation Surge Hints at Impact of Anticipated Tariffs
Prices for furnishing and durable goods jumped in June even though most of the impact of higher tariffs were yet to be passed on to ...
Porsche, Aston Martin Hike US Prices As Tariff Hopes Fade
Europe's luxury carmakers join US and Asian rivals in factoring tariffs into new price stickers.
Mercedes to Lower Prices, Pause Deliveries on Phaseout of EV Credits
Trump's phaseout of EV credits has cut sales prospects for Mercedes-Benz's growing lineup of EV models.
Helion Energy Builds Fusion Plant to Power Microsoft Data Centers
Construction began at Malaga, Washington for an ambitious target date of 2028 to begin delivering power to an existing grid near Microsoft data centers.
Battery Giant CATL Enjoys Profit Surge Amid Intense EV Competition
China's leading EV battery supplier has seen profits jump 34% even as its gross margin slides as competition intensifies with rivals BYD and LG Chem.
China's LandSpace Plans Shanghai IPO As SpaceX Rival
By pioneering the use of methane-liquid oxygen rockets in addition to progress on reusable rockets, LandSpace Technology aims to become the low-cost alternative to SpaceX.
Nvidia GPUs Made for China Was Key US Bargaining Chip in Trade Talks
High China demand for Nvidia's H20 GPU prompts Nvidia order to TSMC for 300,000 more.
Price Hikes from Tariffs Won't Be Felt Until August or Later
Consumer brands won't be able to continue keeping prices down by selling hoarded pre-tariff inventories and/or absorbing tariff costs.
Hanwha to Expand Philly Shipyard As Part of S Korea's Trade Gambit
Investment in a major expansion of its newly acquired Philly Shipyards will make Hanwha Ocean a key to S. Korea's last-minute tariff negotiations.
IMF Raises Emerging Market Forecast on Upbeat China View
Improving outlook on China's growth makes IMF rairse 2025 growth rate for developing economies to 4.1%.
Skild Unveils AI Model to Run on Most Robots
Backed by Amazon and SoftBank, the Asian Americans who comprise Skild AI are developing AI software that can run on both humanoid robots and assembly-line ...
Top China AI Firms Form Alliances to Counter US Export Bans
By bringing together Chinese developers of LLM models with chipmakers China's AI Alliance hopes to create synergies that offset the impact of being blocked from ...
ICE Raids Scare Off Legal Migrants from Construction Projects
The construction industry is suffering from ICE raids that scare off not only the 1.4 million undocumented migrants working in construction but also many working ...
Jason Kim's Firefly Seeks $5.5 Billion IPO Valuation
As the first commercial firm to achieve a soft landing on the moon, Firefly is aiming to become a truly end-to-end space transport service.
Top US Chip Design Software Maker Fined $140 Mil. for Selling to China
Chip-design software from Cadence Design was used by China's Defense Technology University to simulate nuclear explosions.
Samsung to Make Tesla's Advanced AI Chips in Texas
Samsung's next-gen 2-nanometer chip plant in Texas will be used to make advanced AI chips for Tesla's self-driving feature in a deal valued at $16.5 ...
China Tops World in AI Large-Language Models
Zhipu releases its open-source model TLM-4.5, adding to China's total of nearly half of the 3,755 large-language models released globally.
Major On-Time Construction Projects Disrupted by ICE Deportation Raids
The US construction industry is suffering the ravages of worker no-shows due to Trump's senseless crusade to rid the US of essential migrant workers.
US, EU Reach Trade Deal for 15% Tariffs Across the Board
The deal ends crippling uncertain and satisfies Trump's idiosyncratic desire to use tariffs as a revenue source even though the burden falls on US consumers.
Investors React to US-EU Tariff Deal with Relief but Disquiet
Even as the investment community gives a sight of relief at the certainty critical for business planning, it is deeply uneasy about the long-term implications ...
Japan's $550 Bil. Trade Deal Kicker Can Be Used for Taiwanese Chipmaker
Japan's trade negotiator clarifies that the $550 bil. inbound US investment committed by Japan can be used for 3rd-nation firms that may be crucial for ...
Huawei Unveils AI System Rivaling Nvidia's Most Advanced
The CloudMatrix 384 is a match for Nvidia's GB200NVL72 which uses its most advanced B200 chips.
China's Unitree Slashes Price on New Humanoid Robot
China's leading robotics firm slashes the price of its latest model by 60% from last year's heavier model.
Tesla Tops Chinese EVs in China Self-Driving Test
A test sponsored by the Chinese government and TikTok owner Bytedance shows Tesla's Model X and Model 3 beating out 35 Chinese EV models on ...
Obesity Molecule from China's Sciwind May Be Licensed by US Drugmaker
Sciwind's injectable GLP-1 molecule called ecnoglutide achieved results comparable to Wegovy and Zepbound in Chinese testing.
World's No. 3 Carmaker Sees Tariffs as Opening for More US Growth
Kia and Hyundai expect to gain US market share as rivals are forced to raise prices due to tariffs.
Justin Kim's Firefly Hits $10 Bil. Valuation on Successful IPO
Headed CEO Jason Kim, the first private space company to achieve a soft lunar landing debuts its stocks amid high demand and expected share price ...
Taiwan Probes Chinese Firms for Poaching Chip Talent
Talent for advanced chip design and manufacturing was poached by 16 Chinese companies doing business illegally in Taiwan.
GM, Hyundai to Co-Develop 5 Vehicles to Take on Chinese Rivals
Competition from Chinese companies targeting the Latin and South American markets has brought together the world's 3rd and 6th largest automakers by volume in joint ...
Shyam Sankar, Palantir to Develop Controversial Deportation App
Palantir's chief technology officer is getting heat for developing an app designed to help Trump's deportation push.
Beijing Robot Mall Brings Humanoid Helpers to the Masses
Robot Mall brings retail savvy to help China's robot makers sell a wide assortment of robots to ordinary Chinese.
OpenAI Releases Open-Weight AI Models Optimized for Laptops
The new model will allow adjustments in weight to be made by each end user for optimal efficiency.
Verdict Against Tesla Seen as Big Blow to Crucial Robotaxi Ambitions
The fatal crash jeopardizes the approval that Tesla must secure from many state regulators to ensure Robotaxi's success.
Caterpillar Expects $1.5 Billion Tariff Hit for 2025
The leading American construction equipment maker must pay high tariffs to import components from overseas suppliers.
A $60M Brand Is Revolutionizing Caffeine
Neurogum is the brainchild of two college pals with an inspiring startup story and a company changing the way we boost our brain.
Vinfast's India EV Plant Open to Sourcing More Components Locally
The first overseas factory of the Vietnamese EV firm has begun operations in its India plant with the goal of producing 50,000 EVs for sale ...
Japan Wins $6.5 Bil. Deal to Build Next-Gen Warships for Australia
The Mitsubishi deal is the biggest armaments contract since Japan ended its ban on military exports in 2014.
Joseph Chen's Anduril Begins Supplying Rocket Motors to US
Defense technology startup Anduril, co-founded by Joseph Chen, has become the third company to supply solid rocket motors to the US military.
Tesla Brand Loyalty Collapse Tied to Musk's Trump Ties
Elon Musk's massive support for the Trump campaigns and his subsequent DOGE work has taken a heavy toll on Tesla, in addition to the emergence ...
Tesla Sales of China-Made EVs Fall in July to Intense Cost Competition
The surge of EVs from Chinese companies is forcing Tesla to work on bigger low-cost models with longer range.
China Welcomes Brazilian Coffee Displaced by Trump Revenge Tariffs
China approved 183 new Brazilian coffee exporters after Trump, irked by Lula's criticism, is making US coffee drinkers pay by imposing 50% tariff rate on ...
$243 Mil. Verdict Against Tesla Sends Chill through Self-Driving Industry
Tesla's self-driving technology was found at least partially at fault for allowing a Model S to ram the victims standing beside their SUV.
Berkshire's Consumer Goods Businesses Fall to Trump Tariffs
Warren Buffet's broad array of investments provides a window into how the US economy is faring under the irrationally high rogue tariffs imposed by Trump ...
Delta Won't Use AI to Personalize Fares
Delta's plans to deploy AI-based revenue management won't include personalizing fares, the airline announced.
Job Growth Slows, Unemployment Rises on Trump Tariff Disruptions
Trump may well get his wish for a Fed rate cut in September by creating difficulties for the vast majority of US businesses, thereby ensuring ...
Investors See No Haven from Supply Line Disruptions Caused by Trump Tariff
By hitting dozens of countries with threatened high tariffs, Trump ensures that businesses in the US and around the world will suffer from the high ...
S. Korea Exports Surged in July to Frontrun Tariffs
High demand for chips, ships and cars boosted S. Korea's exports to record levels ahead of expected lower demand as tariffs kick in.
US-S. Korea Trade Deal Produces Relief, Optimism
S. Korean investors see cause for optimism at having Korean exports tariffed at the same levels as Japan and EU.
Tieups to Revive US Shipbuilding Was Key to S. Korean Trade Deal
$150 bil. worth of Investment by S. Korea's leading shipbuilders into rebuilding the US shipbuilding industry helped secure a tariff rate at the same level ...
Microsoft Joins Nvidia in $4 Trillion Club
Success in integrating cutting-edge AI features into its software and cloud offerings has helped Microsoft's earnings growth.
June Inflation Surge Hints at Impact of Anticipated Tariffs
Prices for furnishing and durable goods jumped in June even though most of the impact of higher tariffs were yet to be passed on to ...
Porsche, Aston Martin Hike US Prices As Tariff Hopes Fade
Europe's luxury carmakers join US and Asian rivals in factoring tariffs into new price stickers.
Mercedes to Lower Prices, Pause Deliveries on Phaseout of EV Credits
Trump's phaseout of EV credits has cut sales prospects for Mercedes-Benz's growing lineup of EV models.
Helion Energy Builds Fusion Plant to Power Microsoft Data Centers
Construction began at Malaga, Washington for an ambitious target date of 2028 to begin delivering power to an existing grid near Microsoft data centers.
Battery Giant CATL Enjoys Profit Surge Amid Intense EV Competition
China's leading EV battery supplier has seen profits jump 34% even as its gross margin slides as competition intensifies with rivals BYD and LG Chem.
China's LandSpace Plans Shanghai IPO As SpaceX Rival
By pioneering the use of methane-liquid oxygen rockets in addition to progress on reusable rockets, LandSpace Technology aims to become the low-cost alternative to SpaceX.
Nvidia GPUs Made for China Was Key US Bargaining Chip in Trade Talks
High China demand for Nvidia's H20 GPU prompts Nvidia order to TSMC for 300,000 more.
Price Hikes from Tariffs Won't Be Felt Until August or Later
Consumer brands won't be able to continue keeping prices down by selling hoarded pre-tariff inventories and/or absorbing tariff costs.
Hanwha to Expand Philly Shipyard As Part of S Korea's Trade Gambit
Investment in a major expansion of its newly acquired Philly Shipyards will make Hanwha Ocean a key to S. Korea's last-minute tariff negotiations.
IMF Raises Emerging Market Forecast on Upbeat China View
Improving outlook on China's growth makes IMF rairse 2025 growth rate for developing economies to 4.1%.
Skild Unveils AI Model to Run on Most Robots
Backed by Amazon and SoftBank, the Asian Americans who comprise Skild AI are developing AI software that can run on both humanoid robots and assembly-line ...
Top China AI Firms Form Alliances to Counter US Export Bans
By bringing together Chinese developers of LLM models with chipmakers China's AI Alliance hopes to create synergies that offset the impact of being blocked from ...
ICE Raids Scare Off Legal Migrants from Construction Projects
The construction industry is suffering from ICE raids that scare off not only the 1.4 million undocumented migrants working in construction but also many working ...
Jason Kim's Firefly Seeks $5.5 Billion IPO Valuation
As the first commercial firm to achieve a soft landing on the moon, Firefly is aiming to become a truly end-to-end space transport service.
Top US Chip Design Software Maker Fined $140 Mil. for Selling to China
Chip-design software from Cadence Design was used by China's Defense Technology University to simulate nuclear explosions.
Samsung to Make Tesla's Advanced AI Chips in Texas
Samsung's next-gen 2-nanometer chip plant in Texas will be used to make advanced AI chips for Tesla's self-driving feature in a deal valued at $16.5 ...
China Tops World in AI Large-Language Models
Zhipu releases its open-source model TLM-4.5, adding to China's total of nearly half of the 3,755 large-language models released globally.
Major On-Time Construction Projects Disrupted by ICE Deportation Raids
The US construction industry is suffering the ravages of worker no-shows due to Trump's senseless crusade to rid the US of essential migrant workers.
US, EU Reach Trade Deal for 15% Tariffs Across the Board
The deal ends crippling uncertain and satisfies Trump's idiosyncratic desire to use tariffs as a revenue source even though the burden falls on US consumers.
Investors React to US-EU Tariff Deal with Relief but Disquiet
Even as the investment community gives a sight of relief at the certainty critical for business planning, it is deeply uneasy about the long-term implications ...
Japan's $550 Bil. Trade Deal Kicker Can Be Used for Taiwanese Chipmaker
Japan's trade negotiator clarifies that the $550 bil. inbound US investment committed by Japan can be used for 3rd-nation firms that may be crucial for ...
Huawei Unveils AI System Rivaling Nvidia's Most Advanced
The CloudMatrix 384 is a match for Nvidia's GB200NVL72 which uses its most advanced B200 chips.
China's Unitree Slashes Price on New Humanoid Robot
China's leading robotics firm slashes the price of its latest model by 60% from last year's heavier model.
Tesla Tops Chinese EVs in China Self-Driving Test
A test sponsored by the Chinese government and TikTok owner Bytedance shows Tesla's Model X and Model 3 beating out 35 Chinese EV models on ...
Obesity Molecule from China's Sciwind May Be Licensed by US Drugmaker
Sciwind's injectable GLP-1 molecule called ecnoglutide achieved results comparable to Wegovy and Zepbound in Chinese testing.
World's No. 3 Carmaker Sees Tariffs as Opening for More US Growth
Kia and Hyundai expect to gain US market share as rivals are forced to raise prices due to tariffs.
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