Tesla Gets Permit to Operate Taxi Service in Arizona
The service will require drivers as a step toward Tesla's scaled-down goal of launching robotaxi services in 8 metro areas by the end of the ...
Business
China C919 Challenges Airbus, Boeing
COMAC debuted the C919 jetliner at the Dubai Air Show.
Euro Zone to Beat Forecasts for 2025 Growth
Despite Trump tariff disruptions adding headwinds to an already sluggish economy, the Euro Zone is expected to log 1.3% GDP growth, higher than projected.
China's BYD Expects to Double Europe Sales Network
The world's leading EV-maker aims to grow its European dealer network from 1,000 points of sale at the end of 2025 to 2,000 by the ...
Jeff Bezos to Co-CEO AI Engineering Startup
Project Prometheus will focus on using AI to accelerate engineering and manufacture of computers, cars and spacecraft.
China Buys US Soybeans Above Market
In a move calculated to show good faith in honoring trade deals China bought 14 cargoes of US soybeans at nearly twice the going price ...
Honda Resumes Normal N. America Production
Disruptions caused by a discontinued supply of Nexperia chips has eased as Honda secures alternate supplies.
Coffee Tariff Cut Helps US Roasters, Hurts Brazil
The reprieve on reciprocal tariffs saves US roasters from continuing to eat tariff costs while frees them to seek out low-cost growers around the world.
Samsung Raises Memory Prices 60%
The race to build AI data centers is staying ahead of the capacity of Samsung, SK Hynix and competitors to manufacture the high-bandwidth memory chips ...
Japan Tourism Slumps on Rift with China
The diplomatic row triggered by new Prime Minister Sanae Takaichi's statement on Taiwan's defense is resulting in a marked drop in Chinese tourism.
Japan GDP Slipped for 1st Time in 6 Quarters
Japan's Q3 GDP fell less than projected as exporters rallied to overcome Trump tariffs.
Indian Farmers Benefit from Rollback on Food Tariffs
Relief from the 50% tariffs that have been imposed on Indian exports will benefit $2.5 to $3 billiion worth of Indian exports of tea, coffee, ...
Samsung Hyundai Announce Huge Domestic Investments
Concerns about the economic impact of investments mandated by the US trade deal, S. Korea's two leading exporters commit to hundreds of billions of dollars ...
Yttrium Shortage Hits US Aerospace, Defense Sectors
In the continuing trade drama created by Trump's unilateral "Liberation Day" tariffs, China continues to play key rare-earth cards to pressure the US into returning ...
Applied Materials Take Big Hit from Curbs to China Exports
The maker of chipmaking equipment has seen China sales cut from 40% of its revenues to just 20% as US export restrictions hit.
China Drives Cartier's Strong Growth
Richemont, the world's 2nd largest luxury group, enjoyed 7% growth in Q3 driven in large part by rising China sales, along with healthy sales in ...
China's Top Contract Chipmaker Sees Strong Q3 Growth, Profits
SMIC reported a 9.7% jump in Q3 revenues and a 29% jump in profits on strong domestic demand even as it warns of jitters from ...
Tencent's Strong Growth Constrained by AI Chip Shortage
US and Chinese restrictions on Nvidia and other US AI chips is hampering the growth of Tencent's cloud business, limiting sale of services to other ...
China Industrial Output Growth Slows on Weak Demand
Industrial growth slows to 4.9% as soft domestic demand can't take up slack from a tariff-induced export slowdown
China's EV Battery Materials Suppliers Seek Higher Prices
A rally in cobalt prices and a rise in the price of other battery materials is forcing China's battery materials makers to demand higher prices ...
Weekly Jobless Rates Stay Flat
Various private firms estimate the weekly jobless rate as remaining nearly unchanged from the previous week as investors look ahead to next week's resumption of ...
China E-Commerce Giant JD.com Sees 15% Revenue Jump
Robust sales growth during the 3-Day Singles Day shopping event extended stronger-than-expected Q3 growth for JD.com, Alibaba and Pinduoduo.
Top Experts Predict AI's Economic Impact
AI growth projections by Nvidia's Jensen Huang, AMD's Lisa Su, Broadcom's Hock Tan and Salesforce's Marc Benioff, McKinsey and PwC.
Nissan, Honda in Talks for Joint US Car Development
Electrification, vehicle intelligence and a pickup truck are possible areas of cooperation between the two carmakers amid chalenges from US tariffs and loss of EV ...
India's Biocon Foresees Big Cost Drop for Copycat Drugs
A leading maker of biosimilars, with 7 copycat drugs already in the US market, sees a 50% drop in development cost for drugs mimicking costlier ...
Baidu Unveils Chips to Boost China's Homegrown AI Ecosystem
M100 and M300 processors from Baidu advance China's push to build AI infrastructure without using Nvidia chips.
Vietnam Plans Big Minimum Wage Boost in 2026
Vietnam's growing importance as a manufacturing hub for foreign companies supports a 7%+ minimum wage increase.
OpenAI Fights Order to Turn Over 20 Million Chats
Complying with the order would jeopardize confidential user information and the information is 99.99% irrelevant to the New York Times copyright infringement suit, according to ...
AI Power Demand Ushers Boom Cycle for Energy Storage
The huge demand for green energy by AI data centers means a 5-year boom in energy storage, according to a UBS analysis.
China Soy Bean Glut to Stymie US Export Hopes
Revenge soybean imports from South America followed by recent US shipments amid trade thaw puts a lid on volume of future purchases from the US.
Microsoft Builds 2nd Denmark Quantum Lab
The new facility will participate in developing the Majorana 1 chip, Microsoft's main entry in the race to develop practical quantum computing.
Nvidia Supplier Foxconn Bullish on AI Demand
Rising demand for AI chips helped Foxconn beat quarterly profit views by 17%.
Volkswagen Bets Future Models on Rivian JV Tech
The vehicle platform and software systems developed in its joint venture with Rivian will be the basis for new Volkswagen and Audi models from 2027.
Holiday Retail Job Postings Drop
Job postings for stores and restaurants fell 16% from last October, according to Indeed Hiring Lab.
Taiwan 2025 GDP Growth to Approach 6%
Strong Q3 growth of 7.64% on AI chip demand puts Taiwan on track to achieve the strongest GDP growth of any developed economy.
Global EV Sales Growth Hits 23% in October
Sales of EVs and hybrids jumped to 1.9 million units despite a big decline in the North American market.
Japan Manufacturer Sentiment Highest in 4 Years
Manufacturers' sentiment index rose to plus 17, up from plus 8 in October, led by electronics export surge amid a 5% drop in yen since ...
Meta AI Chief LeCun Exits After Being Passed Over for Alexandr Wang
Mark Zuckerberg is remaking Meta's AI regime in an aggressive bid for AI leadership with massive hiring of AI talent, including Scale AI founder Alexandr ...
Lisa Su Expects AMD Chip Sales to Hit $1 Trillion
CEO Lisa Su estimates that AMD's combined chip sales will hit $1 trillion per year by 2030, with much of the growth coming from AI.
Porsche-Volkswagen Struggles with EV Rollout, China Competition
Porsche SE, owner of a controlling interest in Volkswagen, sees profits plunge amid a delayed EV rollout and stiff competition in China.
Ikea Enjoys Rising Profits on Growth of Budget-Conscious Shoppers
The Swedish furniture maker has tried to absorb some of the costs added by Trump tariffs as it woos consumers feeling the pinch from several ...
Masayoshi Son's All-In Bet on OpenAI Pays Off Big
SoftBank reported a doubling of quarterly profits to $16.6 billion on a sustained surge by OpenAI stock.
K-Shaped Economy Great for Levi's $300 Jeans
Demand for premium denim is growing faster than for basic jeans, inspiring Levi's to expand sales of $400 Blue Tab jeans and $850 jackets.
BYD Expects EV Exports to Jump 60%
The Chinese company that passed Tesla last year to become the world's top EV maker is now on track to catch Ford and Honda next ...
Tsavorite Secures $100 Million in Pre-Orders
Tsavorite Scalable Intelligence OPU chips used by data centers to scale AI workloads is enjoying strong demand amid a boom in AI infrastructure.
Legal AI Firm Clio Hits $5 Billion Valuation
The latest funding round led by New Enterprise Associates values the legal automation software firm at $5 Billion.
Honda's Biggest Challenge Comes from Chinese EV Makers
Honda's onetime stronghold of Southeast Asia is now being challenged by aggressive Chinese EV makers.
Healthcare Shares Fall on Shutdown Deal
A deal to end the government shutdown without extending Affordable Care Act subsidies is causing a 2 - 10% drop in shares of leading healthcare ...
Sony Lifts Profit Forecast on Lower Tariffs, Strong Chips
Lower tariffs and strong performance of its chips and entertainment business let Sony raise its profit forecast for the fiscal year ending March 2026 by ...
OpenAI Weighs Separate AI Healthcare Assistants
Recent high-level hires with healthcare backgrounds appears likely to lead to the creation of AI consumer healthcare offerings.
Tesla Gets Permit to Operate Taxi Service in Arizona
The service will require drivers as a step toward Tesla's scaled-down goal of launching robotaxi services in 8 metro areas by the end of the ...
China C919 Challenges Airbus, Boeing
COMAC debuted the C919 jetliner at the Dubai Air Show.
Euro Zone to Beat Forecasts for 2025 Growth
Despite Trump tariff disruptions adding headwinds to an already sluggish economy, the Euro Zone is expected to log 1.3% GDP growth, higher than projected.
China's BYD Expects to Double Europe Sales Network
The world's leading EV-maker aims to grow its European dealer network from 1,000 points of sale at the end of 2025 to 2,000 by the ...
Jeff Bezos to Co-CEO AI Engineering Startup
Project Prometheus will focus on using AI to accelerate engineering and manufacture of computers, cars and spacecraft.
China Buys US Soybeans Above Market
In a move calculated to show good faith in honoring trade deals China bought 14 cargoes of US soybeans at nearly twice the going price ...
Honda Resumes Normal N. America Production
Disruptions caused by a discontinued supply of Nexperia chips has eased as Honda secures alternate supplies.
Coffee Tariff Cut Helps US Roasters, Hurts Brazil
The reprieve on reciprocal tariffs saves US roasters from continuing to eat tariff costs while frees them to seek out low-cost growers around the world.
Samsung Raises Memory Prices 60%
The race to build AI data centers is staying ahead of the capacity of Samsung, SK Hynix and competitors to manufacture the high-bandwidth memory chips ...
Japan Tourism Slumps on Rift with China
The diplomatic row triggered by new Prime Minister Sanae Takaichi's statement on Taiwan's defense is resulting in a marked drop in Chinese tourism.
Japan GDP Slipped for 1st Time in 6 Quarters
Japan's Q3 GDP fell less than projected as exporters rallied to overcome Trump tariffs.
Indian Farmers Benefit from Rollback on Food Tariffs
Relief from the 50% tariffs that have been imposed on Indian exports will benefit $2.5 to $3 billiion worth of Indian exports of tea, coffee, ...
Samsung Hyundai Announce Huge Domestic Investments
Concerns about the economic impact of investments mandated by the US trade deal, S. Korea's two leading exporters commit to hundreds of billions of dollars ...
Yttrium Shortage Hits US Aerospace, Defense Sectors
In the continuing trade drama created by Trump's unilateral "Liberation Day" tariffs, China continues to play key rare-earth cards to pressure the US into returning ...
Applied Materials Take Big Hit from Curbs to China Exports
The maker of chipmaking equipment has seen China sales cut from 40% of its revenues to just 20% as US export restrictions hit.
China Drives Cartier's Strong Growth
Richemont, the world's 2nd largest luxury group, enjoyed 7% growth in Q3 driven in large part by rising China sales, along with healthy sales in ...
China's Top Contract Chipmaker Sees Strong Q3 Growth, Profits
SMIC reported a 9.7% jump in Q3 revenues and a 29% jump in profits on strong domestic demand even as it warns of jitters from ...
Tencent's Strong Growth Constrained by AI Chip Shortage
US and Chinese restrictions on Nvidia and other US AI chips is hampering the growth of Tencent's cloud business, limiting sale of services to other ...
China Industrial Output Growth Slows on Weak Demand
Industrial growth slows to 4.9% as soft domestic demand can't take up slack from a tariff-induced export slowdown
China's EV Battery Materials Suppliers Seek Higher Prices
A rally in cobalt prices and a rise in the price of other battery materials is forcing China's battery materials makers to demand higher prices ...
Weekly Jobless Rates Stay Flat
Various private firms estimate the weekly jobless rate as remaining nearly unchanged from the previous week as investors look ahead to next week's resumption of ...
China E-Commerce Giant JD.com Sees 15% Revenue Jump
Robust sales growth during the 3-Day Singles Day shopping event extended stronger-than-expected Q3 growth for JD.com, Alibaba and Pinduoduo.
Top Experts Predict AI's Economic Impact
AI growth projections by Nvidia's Jensen Huang, AMD's Lisa Su, Broadcom's Hock Tan and Salesforce's Marc Benioff, McKinsey and PwC.
Nissan, Honda in Talks for Joint US Car Development
Electrification, vehicle intelligence and a pickup truck are possible areas of cooperation between the two carmakers amid chalenges from US tariffs and loss of EV ...
India's Biocon Foresees Big Cost Drop for Copycat Drugs
A leading maker of biosimilars, with 7 copycat drugs already in the US market, sees a 50% drop in development cost for drugs mimicking costlier ...
Baidu Unveils Chips to Boost China's Homegrown AI Ecosystem
M100 and M300 processors from Baidu advance China's push to build AI infrastructure without using Nvidia chips.
Vietnam Plans Big Minimum Wage Boost in 2026
Vietnam's growing importance as a manufacturing hub for foreign companies supports a 7%+ minimum wage increase.
OpenAI Fights Order to Turn Over 20 Million Chats
Complying with the order would jeopardize confidential user information and the information is 99.99% irrelevant to the New York Times copyright infringement suit, according to ...
AI Power Demand Ushers Boom Cycle for Energy Storage
The huge demand for green energy by AI data centers means a 5-year boom in energy storage, according to a UBS analysis.
China Soy Bean Glut to Stymie US Export Hopes
Revenge soybean imports from South America followed by recent US shipments amid trade thaw puts a lid on volume of future purchases from the US.
Microsoft Builds 2nd Denmark Quantum Lab
The new facility will participate in developing the Majorana 1 chip, Microsoft's main entry in the race to develop practical quantum computing.
Nvidia Supplier Foxconn Bullish on AI Demand
Rising demand for AI chips helped Foxconn beat quarterly profit views by 17%.
Volkswagen Bets Future Models on Rivian JV Tech
The vehicle platform and software systems developed in its joint venture with Rivian will be the basis for new Volkswagen and Audi models from 2027.
Holiday Retail Job Postings Drop
Job postings for stores and restaurants fell 16% from last October, according to Indeed Hiring Lab.
Taiwan 2025 GDP Growth to Approach 6%
Strong Q3 growth of 7.64% on AI chip demand puts Taiwan on track to achieve the strongest GDP growth of any developed economy.
Global EV Sales Growth Hits 23% in October
Sales of EVs and hybrids jumped to 1.9 million units despite a big decline in the North American market.
Japan Manufacturer Sentiment Highest in 4 Years
Manufacturers' sentiment index rose to plus 17, up from plus 8 in October, led by electronics export surge amid a 5% drop in yen since ...
Meta AI Chief LeCun Exits After Being Passed Over for Alexandr Wang
Mark Zuckerberg is remaking Meta's AI regime in an aggressive bid for AI leadership with massive hiring of AI talent, including Scale AI founder Alexandr ...
Lisa Su Expects AMD Chip Sales to Hit $1 Trillion
CEO Lisa Su estimates that AMD's combined chip sales will hit $1 trillion per year by 2030, with much of the growth coming from AI.
Porsche-Volkswagen Struggles with EV Rollout, China Competition
Porsche SE, owner of a controlling interest in Volkswagen, sees profits plunge amid a delayed EV rollout and stiff competition in China.
Ikea Enjoys Rising Profits on Growth of Budget-Conscious Shoppers
The Swedish furniture maker has tried to absorb some of the costs added by Trump tariffs as it woos consumers feeling the pinch from several ...
Masayoshi Son's All-In Bet on OpenAI Pays Off Big
SoftBank reported a doubling of quarterly profits to $16.6 billion on a sustained surge by OpenAI stock.
K-Shaped Economy Great for Levi's $300 Jeans
Demand for premium denim is growing faster than for basic jeans, inspiring Levi's to expand sales of $400 Blue Tab jeans and $850 jackets.
BYD Expects EV Exports to Jump 60%
The Chinese company that passed Tesla last year to become the world's top EV maker is now on track to catch Ford and Honda next ...
Tsavorite Secures $100 Million in Pre-Orders
Tsavorite Scalable Intelligence OPU chips used by data centers to scale AI workloads is enjoying strong demand amid a boom in AI infrastructure.
Legal AI Firm Clio Hits $5 Billion Valuation
The latest funding round led by New Enterprise Associates values the legal automation software firm at $5 Billion.
Honda's Biggest Challenge Comes from Chinese EV Makers
Honda's onetime stronghold of Southeast Asia is now being challenged by aggressive Chinese EV makers.
Healthcare Shares Fall on Shutdown Deal
A deal to end the government shutdown without extending Affordable Care Act subsidies is causing a 2 - 10% drop in shares of leading healthcare ...
Sony Lifts Profit Forecast on Lower Tariffs, Strong Chips
Lower tariffs and strong performance of its chips and entertainment business let Sony raise its profit forecast for the fiscal year ending March 2026 by ...
OpenAI Weighs Separate AI Healthcare Assistants
Recent high-level hires with healthcare backgrounds appears likely to lead to the creation of AI consumer healthcare offerings.
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