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Business

Retail Sales Rise on Higher Prices Due to Tariffs

A weakening job market hasn't prevented US consumers from spending ...

TikTok Consortium Includes Oracle, Silver Lake

TikTok will be controlled by a new corporate entity 80% ...

China Seeks to Boost Consumption, Foreign Visitors

Faced with a slump in goods exports China seeks to ...

Japan Exports Down As Carmakers Struggle with Tariffs

The export powerhouse is suffering the effects of its huge ...

Oracle Leads Consortium to Buy TikTok's US Operations

A framework deal reached Monday calls for Oracle to lead ...

TikTok Deal Reached, Setting Stage for Talks

China's ByteDance has agreed to sell its US TikTok operations ...

China Says Nvidia Violated Anti-Monopoly Law

In a tit-for-tat move China's market regulator's preliminary investigation, if ...

Why Russian Wheat is Being Bartered for Chinese Cars

Chinese banks's desire to avoid secondary sanctions is fueling the ...

Growth Slowed for China Factory Output, Retail Sales

Both industrial output and retail sales grew in August but ...

China Struggles to Tame Involution Blight

Hyper-competition among domestic companies in sectors like EVs, solar panels ...

OpenAI to Cut Microsoft's Share of Revenues by 60%

By cutting the revenues it shares with commercial partners by ...

xAI Lays Off Hundreds of Generalist AI Tutors

The move is prelude to a tenfold increase in the ...

Global EV Sales Growth Slowed in August

A big dip in China's August EV sales was partially ...

US Launches Pilot Program to Speed Air Taxi Deployment

The FAA program will include at least five partnerships between ...

FTC Probes Google, Amazon for Possibly Misleading Advertisers

Search ads sold by Google and Amazon are suspected by ...

US Consumer Sentiment Slips Again in September

Concerns about rising inflation due to tariffs weigh heavily on ...

Hyundai Battery Plant Startup Set Back 2-3 Months by ICE ...

Completion of construction on the Hyundai-LG Chem Georgia EV battery ...

Quantum Computing Race Leaders Analyzed

Among tech giants and dozens of startups that have entered ...

Oracle Revives AI Blue Sky for Investors

The surge in demand for AI cloud services is pumping ...

Consumer Inflation, Jobless Rate Heat Up

Americans are facing broad-based inflation while a tight job market ...

China EV Tech Changes Global Auto Design, Pricing

As China wins recognition as a global leader in EV ...

Amazon Developing AR Glasses to Rival Meta's

Augmented reality glasses featuring microphones, speakers, camera and full-color display ...

US Loses Billions of Dollars of Soybean Sales to China

Trump tariffs have caused US soybean farmers to lose tens ...

PsiQuantum Attains $7 Billion Valuation, Nvidia Tie-Up

The global leader in photonic quantum computing hopes to accelerate ...

Hongqi to Launch 15 Luxury EVs in Europe by 2028

The Chinese state-owned carmaker plans to open 200 dealership across ...

US Small Businesses Constrained by Lack of Quality Labor

Trump's deportation push has created an acute shortage of quality ...

Europe's AI Prospects Improve with ASML Stake in France's Mistral

The $1.5 billion investment by the Dutch leader in cutting-edge ...

Microsoft Signs $19.4 Billion Deal with Nebius

Desperate for more capacity to deliver AI services Microsoft signed ...

Market Impact of Massive Downgrade in Job Creation

A 911,000 downward revision of jobs created through March is ...

Boeing Deliveries Surge Past 2024 Levels

Boeing deliveries of 385 jets by August 31 surpassed full-year ...

Apple Holds Down iPhone Air Prices

To avoid losing ground to strong competition from the Samsung ...

China Consumer Prices Decline Accelerates

Producer deflation eased in August even as consumer prices fell ...

How Can Tesla Hit $8.5 Trillion Valuation?

A fantastic amount of hope and hype over robotaxis and ...

Polestar 5 Debuts in Munich

The $140,000 EV sports car won't be sold in the ...

BYD Projects PHEV Sales to Dominate in Near Term

With production to begin in Hungary and Turkey, all BYD ...

European Carmakers Face Crisis with Models at Munich Show

Faced with tariffs, surging Chinese imports and shrinking China sales, ...

Tesla Share of US Market Lowest in 8 Years

Even as US EV sales shot up by 24% in ...

China's Exports to Russia Shrank Dramatically in August

In a sign of the pain being felt by Russian ...

China Export Growth Continued in August

Despite upwards of 55% US tariffs China's export machine logged ...

High-Fashion Brands to Pack Runways in Bid to End Slump

Brands like Chanel and Dior seek to reconnect with customer ...

Cause of Recent US Economic Slowdown

Four leading AI chatbots reveal their analyses of the factors ...

BMW Expects Margin Parity by 2026 with New China EV ...

With a 40 to 50% cost reduction in batteries for ...

Once Bright Star Among Chinese EV Makers Revived with State ...

WM Motor, once one of a handful of China's most ...

Job Growth Stalls on Trump Disruptions

Irrational levels of tariffs on imports essential to US businesses ...

Even 15% Tariffs Damage Japan's Small Carmakers

Subaru, Mitsubishi and Mazda will struggle to sell cars in ...

Struggling Tesla Awards Musk $1 Trillion

A compensation package worth up to $1 trillion is proposed ...

Jobless Claims Rise More Than Expected

Uncertainty created by Trump tariffs and deportation drive is blamed ...

Russian Exporters Suffer Continuing Chinese Payment Delays

Assurances from China to Russian officials have failed to speed ...

July Trade Deficit Soared on Rush to Beat Tariffs

Uncertainty as to just how high Trump intended to raise ...

Korean Carmakers Hit with Lower Tariffs on Japanese Cars

Japan's pledge to invest $550 billion in the US won ...