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US Government May Take Stake in Intel

In the wake of Intel CEO Lip-Bu Tan's meeting with Trump, the administration is thought to be in talks to take a stake in struggling ...

AI-Based Just-in-Time Inventory Helps Businesses Beat Tariffs

Managing inventory on hand to minimum levels needed to service demand helps manufacturers minimize costs and offset the toll of Trump tariffs.

July Core CPI Increase Was Biggest Since January

Excluding volatile food and energy prices consumer prices increased 3.1% as tariffs begin to impact cost of consumer goods.

Anthropic Offers ClaudeAI to US Government for $1

OpenAI's ChatGPT, Google's Gemini and Anthropic's Clause race to embed their AI technologies into US government workflows as approved AI vendors qualified to win federal ...

Aravind Srinivas' Perplexity Offers $34.5 Bil. for Chrome

The industry-leading browser has become an acquisition target for other tech companies amid expectation that the Justice Department will force Google to divest.

China Factories Cut Prices, Lay Off Workers As Tariffs Cut Demand

Steep US tariffs force Chinese manufacturers to scramble for survival by lowering prices and competing in other smaller markets.

July EV Sales Reflects China Slowdown, EU Growth

European commitment to decarbonization offset slump in China hybrid sales and sluggish growth in US.

Musk Threatens to Sue Apple for xAI Ranking on App Store

Elon Musk alleges Apple is favoring ChatGPT in its App Store rankings to promote a tieup with OpenAI.

Nvidia's Blackwell AI GPU May Be Sold in China

A reduced version of Nvidia's next-generation AI GPU may be approved for China export under terms similar to H20 GPUs.

Ford Licenses CATL Battery Tech to Develop Cheaper EV Line

Ford plans to manufacture domestically a line of inexpensive EVs in the $30,000 range using lithium iron-phosphate battery technology licensed from China's CATL.

55% of Indian Exports to Face US Tariffs

The Indian government estimates the huge impact of recent US tariff escalations on its exports sector.

Nvidia, AMD Forced to Pay US 15% of China AI Chip Sales

For licenses to sell even dumbed-down AI chips to China, Nvidia and AMD must pay 15% of China revenues to the US government.

SK Hynix Foresees 30% Annual Growth for AI Memory Chips

The Korean maker of high-bandwidth memory chips essential to AI GPUs forecasts 30% growth per year through 2030.

China Knocks Nvidia H20 GPUs As Unsafe, Not Advanced

The downgraded GPUs developed by Nvidia specifically for export to China under US restrictions has become is being targeted by China's official state social media.

Din Tai Fung Builds a Global Dynasty with Precision Dumplings

What began as a humble Taipei oil shop has become a family-run restaurant chain selling enough luxe dumplings to approach a half billion dollars a ...

China Set to Overtake US As Germany's Top Trading Partner

Trump tariffs and growing reliance on cheap Chinese consumer goods boosts Germany's imports from China even as its own exports to China continues decline.

Intel's Turnaround Threatened by Trump's Racial Profiling

Intel CEO Lip-Bu Tan has been pushing to implement the kind of domestic chip production revival that aligns with Trump's push for semiconductor self-sufficiency.

China Seeks to Cut Pig Population

A supply glut amid weak demand has caused pork prices to slide to unsustainable levels for China's massive hog industry.

GM to Import CATL Batteries for Low-End EVs Pending US Production

GM joins other US EV makers in importing CATL's lithium iron-phosphate batteries until US production can begin in 2027.

Sam Altman Touts OpenAI's New GPT-5 As Expert-Level AI Assistant

Investor hopes for returns on the estimated $1 trillion invested in AI by tech giants rely on achieving at least the level of performance ascribed ...

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.

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.

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.

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.

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 ...

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.

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 ...

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.

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.

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 ...

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 ...

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.

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 ...

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.

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.

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 ...

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 ...

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.

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.

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.

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.

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.