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Business

Starbucks Sells Control of China Unit to Boyu

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

US Car Sales Fall in October

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

CEO Arvind Krishna Cuts Thousands of IBM Jobs

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

Perplexity's AI Shopping Agent Angers Amazon

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

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

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

AMD Raises Q4 Revenue Estimates

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

Tinder Loses Paying Users

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

Analysts Discuss First Real Asia Market Selloff in 7 Months

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

Tariffs Most Likely to Be Struck Down

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

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 ...

Verizon-AWS Fiber-Optics Routes to Speed AI Connections

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

US Manufacturing Slump in Eighth Month from Tariff Disruptions

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

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 ...

Blackwell Chips Won't Be Exported

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

Russia to Continue Exports of Non-GMO Soybeans to China

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

S. Korea Exports Surprise with Surge in Chips, Ships

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

Pony.ai Wins Permit for First Citywide Driverless Delivery

The city of Shenzhen will soon experience the world's first ...

Nexperia to Resume Chip Shipments from China

Auto companies had been facing production-line disruption due to maneuvering ...

Colgate Loses Sales to Generics on Small Price Increase

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

AI Buildout Barrels Ahead Despite Bubble Talk

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

Auto Chip Squeeze Worsens As Nexperia Cuts Wafers to China

The global auto industry faces a potential crisis as the ...

Hyundai Seeks Role in Indonesia's National Car Quest

The world's number 3 carmaker sees an opportunity to expand ...

Anduril's Air Force "Wingman Drone" Flown for First Time

The defense contractor conducted a successful semi-autonomous test flight of ...

China Factory Activity Shrank for 7th Month

The Purchasing Manager Index (PMI) fell to a 6-month low ...

Weekly Jobless Claims Fell Last Week

Estimates based on data collected from most states suggest unemployment ...

Transfer of US TikTok Approved by China Says Bessent

The deal to sell control of US operations of the ...

Nvidia's Blackwell Chip Not Discussed at Busan Summit

Trump decided not to broach the potentially thorny subject of ...

Esteé Lauder Results Confirm China Luxury Revival

Strong sales growth in China and Asia suggests the slump ...

China to Phase Out EV Industry Subsidies

The massive subsidies of the past decade that helped build ...

China Takes 3 Soybean Cargoes Ahead of Talks

China's resumption in buying US soybeans is expected to be ...

Nvidia's Blackwell Chips Teased for Trump Talks with Xi

Trump teased the possibility of allowing sales of Nvidia's state-of-the-art ...

China Block on Nexperia Chip Shipments Hobble Global Carmakers

After Netherlands seized control of Nexperia's Dutch operations, its Chinese ...

Hyundai Cheers Trade Deal

The deal finalized Wednesday would lower tariffs on S. Korean ...

Nvidia Goes from $4 Trillion to $5 Trillion in 78 ...

The unparalleled rise in the valuation of the world's most ...

EV Lull Prompts More Hybrids, Cheaper Models

The end of US $7,500 tax credits for EVs has ...

US Tightens Restrictions on Chinese Telecom Gear

The FCC tightened barriers to the deployment of telecommunications equipment ...

Trump Media's Truth Social Enters Prediction Market

The Trump family seeks to capitalize on a fast-growing multi-million ...

Lucid to Launch Self-Driving EV with Nvidia AI System

The upscale EV-maker will use cameras, radar and lidar paired ...

Nvidia to Build 7 Supercomputers for Nuclear Arsenal

Jensen Huang announced a deal to build AI supercomputers to ...

Nikesh Arora's Palo Alto Launches AI-Powered Cybersecurity Platform

Palo Alto's updates of cloud security platform Cortex Cloud and ...

SK Group Head Sees Chip Bottleneck from AI Boom

Chips and other key supplies can't keep pace with demand ...

AMD to Build 2 Supercomputers for DOE Fusion Power Quest

The Department of Energy has selected AMD for a $1 ...

US Rare Earths Slump on Hope of China Trade Deal

Nascent US rare-earth mining and refining companies suffer a big ...

Meta Shifts Vishal Shah to Head Up AI Products

As part of Meta's massive personnel restructuring effort, Shah has ...

Google Data Center Demand to Restart Iowa Nuclear Plant

NextEra Energy and Google signed a deal that would ensure ...

Qualcomm Invades Nvidia's AI Chip Territory

The chipmaker long focused on smartphones and PCs hopes to ...

First Yen-Pegged Stablecoin Launched

A yen-pegged stablecoin issued by startup JPYC may help loosen ...