Waymo Goes Fully Autonomous in Nashville
As the robotaxi race heats up, Google-backed Waymo appears to be keeping the lead at least in the US with its partnership with Lyft in ...
Business
Japan Business Bankruptcies Rise on Labor Shortage, High Wages
Labor scarcity resulting from restrictive immigration policies has created a dire labor shortage in Japan that has caused a 5.6% rise in January bankruptcies over ...
BYD Sues US for Tariff Refund
The first such suit by a Chinese carmaker challenges Trump's invocation of sweeping tariff powers without congressional approval.
ChatGPT Growing Faster Than 10% Per Month
OpenAI CEO Sam Altman made the announcement to employees as the company is readying "an updated Chat model" this week.
Musks's xAI Nears Deal to Fund $3.4 Billion for Nvidia Chips
Apollo Global Management will buy the chips, then lease them to xAI which was acquired by Musk's SpaceX last week.
US Enters Competition with China for African Minerals
Offering capital in exchange for a share of mine production in offtake deals, the US seeks to challenge China's deep and long-standing hands-on involvement in ...
China's Anta Seeks to Challenge Nike, Adidas After Puma Deal
China's leading sportswear company has set its sights on more acquisitions to build a top global sportswear power.
Taiwan Rejects Shifting 40% of Chip Capacity to US
Vice Premier Cheng Li-chiun told US Commerce Secretary Howard Lutnick that Taiwan's chip sector is firmly rooted in its home country and will continue expanding ...
Asia Markets Jump As Nikkei Hits Record on Takaichi Win
Japan's Nikkei stock exchange jumped 4.2% as Sanae Takaichi's decisive win signals more business-friendly policies.
Korean Crypto Exchange Accidentally Gave Away $44 Billion Worth of Bitcoin
S. Korea's number 2 crypto exchange recovered about 99.7% of the 620,000 bitcoin it gave away by quickly restricting trading and withdrawals for the 695 ...
Tesla Begins Hiring for Musk Bid to Top Solar Energy Sector
Elon Musks aims to set up US facilities to produce 100 gigawatts of solar panels by end of 2028.
Amazon Tumbles on Projection of 50% Boost in AI Buildout Cost
Amazon shares fell 11.5% in after-hours trading after it reported 24% growth of AWS to $35.6 billion revenues in the December quarter.
Hims & Hers $49 Pills Jolt Weight-Loss World, Investors
Weight-loss drugs from Novo Nordisk and Eli Lilly have been dramatically undercut by the new pill even as the compounder faces threats of legal action ...
Intel, AMD Notify China Customers of Long Delays for CPUs
Major China-based customers comprising over 20% of Intel revenues face rationing by Intel of 4th- and 5th-generation Xeon CPUs, with delays of up to six ...
Aviation Still Struggling with Supply Chain Chaos from Pandemic, Surging Demand
Supply delays and bottlenecks have become the new normal as manufacturers of aircraft and engines struggle to keep up with rising global air travel demand.
Yuan Held Longest Winning Streak Against Dollar in 13 Years
Strong Chinese exports caused the yuan to rise 0.2% against the dollar this week for the 11th straight week of appreciation—longest since early 2013.
Vietnam's Trade Surplus with US Hit New High in January
Much of the $13.9 billion exported from Vietnam comprised components imported from China, adding to trade tensions with the US.
Rooftop Solar Installers Cut Jobs, Turn to TPO, As Tax Credits End
The end of federal tax credit under Trump's overhaul is causing a sharp contraction in solar installations and an increase in 3rd-party ownership plans.
Chinese Battery-Swap EV-Maker Nio Turns First Profit
Q4 deliveries jumped 72% on year, producing an operating profit estimated at $100 - 173 million.
Google Takes Over AI Lead from OpenAI with Gemini 3
Despite its surge up the ranks of AI giants Google shares fell on its plans to invest up to $185 billion this year on its ...
OpenAI Offers AI Agents for Business Solutions
In a challenge to fast-rising rival Anthropic, OpenAI is launching Frontier to build and manage so-called artificial-intelligence agents, or AI tools.
Ralph Lauren Tops Profit Estimates but Warns on Margin
The cost of shifting supply chains away from high-tariff countries like China, India and Vietnam will lower margins for the US luxury retailer.
US Weekly Jobless Claims Rose More Than Expected
New unemployment benefits applications rose to 231,000 for the week ending December 31, 2025.
$1 Trillion Erased from Software Stocks on AI Fears
This week saw a nearly 5% drop in the valuation of software and services sector stocks triggered by a plug-in for Anthropic's Claude AI agent ...
Qualcomm, ARM to Suffer Sustained Slump on Memory Shortage for Cell Phones
The leading firms behind processors that power mobile devices feel the pinch from reduced phone shipments due to the global memory chip shortage.
TSMC to Invest $17 Billion to Produce 3-nm Chips in Southern Japan
The new Kyushu fab will be its 2nd Japan plant and is similar to the cutting-edge fab scheduled to begin operations in Arizona in 2027.
Claude Cowork AI Agent Deepens Software Sector Selloff
Anthropic's AI tool is marketed as a way to automate tasks across legal, sales, marketing and data analysis, putting the market for virtually all software ...
Musk Bets Farm on Data Centers-in-the-Sky Dream with SpaceX-xAI Merger
The idea that the sun can provide abundant energy will slam up against mankind's willingness to turn earth orbit into an industrial wasteland.
Tesla's UK EV Sales Half of BYD, Quarter of Ford
A 57% sales plunge in January puts into doubt Tesla's future competitiveness against surging Chinese EVs.
Ford, Geely in Talks for Tieup to Share Plants, Technology
China's number two EV-maker and the US's number 2 carmaker have been discussing various tieups over the past several months.
Chinese Solar Shares Jump on Musk Talk of 100 GW Solar Capacity
Elon Musk sent Tesla staff to visit various leading Chinese solar panel suppliers after declaring his intention to produce solar cells at massive scale for ...
Nvidia H200 Chip Sales to China Held Up by US State Department
Two months after Nvidia won White House approval to export H200 GPUs and a week after China licensed purchases by leading Chinese firms, the US ...
China Services, Jobs Grew in January
S&P's China General Services PMI edged up to 52.3 while its Composite Output Index rose to 51.6, with the first jobs growth since July 2025.
Intel to Make AI GPUs Says CEO Lip-Bu Tan
The plan to enter a segment created by Nvidia reflects both Intel's state-of-the-art chip fabrication foundry and Nvidia's struggle to meet overwhelming demand for the ...
Waymo Valued at $126 As Robotaxis Gain Traction
The Alphabet unit's valuation trebled in less than two years as its AI-powered autonomous driving system set the pace for a fast-emerging industry around the ...
Singapore to Launch Space Agency Amid Success of Aerospace Sector
The announcement comes after a banner year for Singapore's economy and record global investments in space launches.
Crypto Legislation Stalemate Unresolved by White House Meeting
The conflict between an emerging crypto sector and the entrenched banking sector revolves around whether crypto assets should be allowed to offer interest and other ...
Walmart Hits $1 Trillion Valuation As It Integrates AI into Operations
America's top retailer by sales is becoming recognized for its lead in using AI to streamline and speed up operations from supply chains to deliveries ...
Lays, Doritos Price Cuts, Smaller Portions in PepsiCo Response to Backlash
The move comes after earlier price hikes had caused a marked drop in snack sales to an increasingly cost-conscious consumers.
Nintendo Profits Rise Despite Surge in Memory Chip Prices
Strong sales of the new Switch 2 console at a premium price of $500 gave the world's leading gaming device maker a 23% profits jump.
Gold, Silver Surge Again As Investors Rush Back Into Metals
Precious metal prices had been oversold to attractive levels for investors who see the dollar weakening into the foreseeable future.
Top Consultancies Undertake Risky Missions in China
Geopolitical tensions have slowed revenue growth for US consultancies like KPMG, PwC, Deloitte and EY, forcing them to undertake increasingly risky missions to work around ...
Japan Food Exports Hit Record on Demand from US, China
Japanese food producers overcame both US tariffs and a diplomatic row with China to export $10.9 billion worth of food in 2025.
SpaceX Acquires xAI in Deal Valuing Combo at $1.25 Trillion
On Monday Elon Musks' SpaceX bought xAI in a stock-swap deal that values SpaceX at $1 trillion and xAI at $250 billion.
India Tariffs Cut to 18%, Pledges to Stop Buying Russian Oil
Tariffs on imports from India have been reduced from 50% to 18% in exchange for India lowering trade barriers and agreeing to buy US oil ...
Tesla's Europe Slump Continues Apace in January
January sales fell 88% in Norway and 42% in France after sales on the continent fell 27% in 2025.
Polestar Secures $1 Billion Lifeline from Sumitomo, Geely
The Swedish EV-maker secured a $400 million equity investment from an entity of Sumitomo and Standard Chartered, along with a $600 million loan agreement from ...
Commodities Slide, Stock Drop Tied to Notion Warsh Won't Push Irrational Easing
Trump's pick of Kevin Warsh as Fed Chair dashed hopes for steep interest rate cuts, strengthening dollar and weakening safe-haven commodities gold and silver.
Canada Manufacturing Outlook Rises for First Time in a Year
Expectations of economic growth in 2026 drove up PMI to 50.4 in January despite continuing US tariff costs and uncertainties.
Disney Parks Suffer As Foreign Visitors Shun US
A 6% drop in foreign visitors to the US under Trump policies has caused a sharp drop in visitors for the Disney unit that provides ...
Waymo Goes Fully Autonomous in Nashville
As the robotaxi race heats up, Google-backed Waymo appears to be keeping the lead at least in the US with its partnership with Lyft in ...
Japan Business Bankruptcies Rise on Labor Shortage, High Wages
Labor scarcity resulting from restrictive immigration policies has created a dire labor shortage in Japan that has caused a 5.6% rise in January bankruptcies over ...
BYD Sues US for Tariff Refund
The first such suit by a Chinese carmaker challenges Trump's invocation of sweeping tariff powers without congressional approval.
ChatGPT Growing Faster Than 10% Per Month
OpenAI CEO Sam Altman made the announcement to employees as the company is readying "an updated Chat model" this week.
Musks's xAI Nears Deal to Fund $3.4 Billion for Nvidia Chips
Apollo Global Management will buy the chips, then lease them to xAI which was acquired by Musk's SpaceX last week.
US Enters Competition with China for African Minerals
Offering capital in exchange for a share of mine production in offtake deals, the US seeks to challenge China's deep and long-standing hands-on involvement in ...
China's Anta Seeks to Challenge Nike, Adidas After Puma Deal
China's leading sportswear company has set its sights on more acquisitions to build a top global sportswear power.
Taiwan Rejects Shifting 40% of Chip Capacity to US
Vice Premier Cheng Li-chiun told US Commerce Secretary Howard Lutnick that Taiwan's chip sector is firmly rooted in its home country and will continue expanding ...
Asia Markets Jump As Nikkei Hits Record on Takaichi Win
Japan's Nikkei stock exchange jumped 4.2% as Sanae Takaichi's decisive win signals more business-friendly policies.
Korean Crypto Exchange Accidentally Gave Away $44 Billion Worth of Bitcoin
S. Korea's number 2 crypto exchange recovered about 99.7% of the 620,000 bitcoin it gave away by quickly restricting trading and withdrawals for the 695 ...
Tesla Begins Hiring for Musk Bid to Top Solar Energy Sector
Elon Musks aims to set up US facilities to produce 100 gigawatts of solar panels by end of 2028.
Amazon Tumbles on Projection of 50% Boost in AI Buildout Cost
Amazon shares fell 11.5% in after-hours trading after it reported 24% growth of AWS to $35.6 billion revenues in the December quarter.
Hims & Hers $49 Pills Jolt Weight-Loss World, Investors
Weight-loss drugs from Novo Nordisk and Eli Lilly have been dramatically undercut by the new pill even as the compounder faces threats of legal action ...
Intel, AMD Notify China Customers of Long Delays for CPUs
Major China-based customers comprising over 20% of Intel revenues face rationing by Intel of 4th- and 5th-generation Xeon CPUs, with delays of up to six ...
Aviation Still Struggling with Supply Chain Chaos from Pandemic, Surging Demand
Supply delays and bottlenecks have become the new normal as manufacturers of aircraft and engines struggle to keep up with rising global air travel demand.
Yuan Held Longest Winning Streak Against Dollar in 13 Years
Strong Chinese exports caused the yuan to rise 0.2% against the dollar this week for the 11th straight week of appreciation—longest since early 2013.
Vietnam's Trade Surplus with US Hit New High in January
Much of the $13.9 billion exported from Vietnam comprised components imported from China, adding to trade tensions with the US.
Rooftop Solar Installers Cut Jobs, Turn to TPO, As Tax Credits End
The end of federal tax credit under Trump's overhaul is causing a sharp contraction in solar installations and an increase in 3rd-party ownership plans.
Chinese Battery-Swap EV-Maker Nio Turns First Profit
Q4 deliveries jumped 72% on year, producing an operating profit estimated at $100 - 173 million.
Google Takes Over AI Lead from OpenAI with Gemini 3
Despite its surge up the ranks of AI giants Google shares fell on its plans to invest up to $185 billion this year on its ...
OpenAI Offers AI Agents for Business Solutions
In a challenge to fast-rising rival Anthropic, OpenAI is launching Frontier to build and manage so-called artificial-intelligence agents, or AI tools.
Ralph Lauren Tops Profit Estimates but Warns on Margin
The cost of shifting supply chains away from high-tariff countries like China, India and Vietnam will lower margins for the US luxury retailer.
US Weekly Jobless Claims Rose More Than Expected
New unemployment benefits applications rose to 231,000 for the week ending December 31, 2025.
$1 Trillion Erased from Software Stocks on AI Fears
This week saw a nearly 5% drop in the valuation of software and services sector stocks triggered by a plug-in for Anthropic's Claude AI agent ...
Qualcomm, ARM to Suffer Sustained Slump on Memory Shortage for Cell Phones
The leading firms behind processors that power mobile devices feel the pinch from reduced phone shipments due to the global memory chip shortage.
TSMC to Invest $17 Billion to Produce 3-nm Chips in Southern Japan
The new Kyushu fab will be its 2nd Japan plant and is similar to the cutting-edge fab scheduled to begin operations in Arizona in 2027.
Claude Cowork AI Agent Deepens Software Sector Selloff
Anthropic's AI tool is marketed as a way to automate tasks across legal, sales, marketing and data analysis, putting the market for virtually all software ...
Musk Bets Farm on Data Centers-in-the-Sky Dream with SpaceX-xAI Merger
The idea that the sun can provide abundant energy will slam up against mankind's willingness to turn earth orbit into an industrial wasteland.
Tesla's UK EV Sales Half of BYD, Quarter of Ford
A 57% sales plunge in January puts into doubt Tesla's future competitiveness against surging Chinese EVs.
Ford, Geely in Talks for Tieup to Share Plants, Technology
China's number two EV-maker and the US's number 2 carmaker have been discussing various tieups over the past several months.
Chinese Solar Shares Jump on Musk Talk of 100 GW Solar Capacity
Elon Musk sent Tesla staff to visit various leading Chinese solar panel suppliers after declaring his intention to produce solar cells at massive scale for ...
Nvidia H200 Chip Sales to China Held Up by US State Department
Two months after Nvidia won White House approval to export H200 GPUs and a week after China licensed purchases by leading Chinese firms, the US ...
China Services, Jobs Grew in January
S&P's China General Services PMI edged up to 52.3 while its Composite Output Index rose to 51.6, with the first jobs growth since July 2025.
Intel to Make AI GPUs Says CEO Lip-Bu Tan
The plan to enter a segment created by Nvidia reflects both Intel's state-of-the-art chip fabrication foundry and Nvidia's struggle to meet overwhelming demand for the ...
Waymo Valued at $126 As Robotaxis Gain Traction
The Alphabet unit's valuation trebled in less than two years as its AI-powered autonomous driving system set the pace for a fast-emerging industry around the ...
Singapore to Launch Space Agency Amid Success of Aerospace Sector
The announcement comes after a banner year for Singapore's economy and record global investments in space launches.
Crypto Legislation Stalemate Unresolved by White House Meeting
The conflict between an emerging crypto sector and the entrenched banking sector revolves around whether crypto assets should be allowed to offer interest and other ...
Walmart Hits $1 Trillion Valuation As It Integrates AI into Operations
America's top retailer by sales is becoming recognized for its lead in using AI to streamline and speed up operations from supply chains to deliveries ...
Lays, Doritos Price Cuts, Smaller Portions in PepsiCo Response to Backlash
The move comes after earlier price hikes had caused a marked drop in snack sales to an increasingly cost-conscious consumers.
Nintendo Profits Rise Despite Surge in Memory Chip Prices
Strong sales of the new Switch 2 console at a premium price of $500 gave the world's leading gaming device maker a 23% profits jump.
Gold, Silver Surge Again As Investors Rush Back Into Metals
Precious metal prices had been oversold to attractive levels for investors who see the dollar weakening into the foreseeable future.
Top Consultancies Undertake Risky Missions in China
Geopolitical tensions have slowed revenue growth for US consultancies like KPMG, PwC, Deloitte and EY, forcing them to undertake increasingly risky missions to work around ...
Japan Food Exports Hit Record on Demand from US, China
Japanese food producers overcame both US tariffs and a diplomatic row with China to export $10.9 billion worth of food in 2025.
SpaceX Acquires xAI in Deal Valuing Combo at $1.25 Trillion
On Monday Elon Musks' SpaceX bought xAI in a stock-swap deal that values SpaceX at $1 trillion and xAI at $250 billion.
India Tariffs Cut to 18%, Pledges to Stop Buying Russian Oil
Tariffs on imports from India have been reduced from 50% to 18% in exchange for India lowering trade barriers and agreeing to buy US oil ...
Tesla's Europe Slump Continues Apace in January
January sales fell 88% in Norway and 42% in France after sales on the continent fell 27% in 2025.
Polestar Secures $1 Billion Lifeline from Sumitomo, Geely
The Swedish EV-maker secured a $400 million equity investment from an entity of Sumitomo and Standard Chartered, along with a $600 million loan agreement from ...
Commodities Slide, Stock Drop Tied to Notion Warsh Won't Push Irrational Easing
Trump's pick of Kevin Warsh as Fed Chair dashed hopes for steep interest rate cuts, strengthening dollar and weakening safe-haven commodities gold and silver.
Canada Manufacturing Outlook Rises for First Time in a Year
Expectations of economic growth in 2026 drove up PMI to 50.4 in January despite continuing US tariff costs and uncertainties.
Disney Parks Suffer As Foreign Visitors Shun US
A 6% drop in foreign visitors to the US under Trump policies has caused a sharp drop in visitors for the Disney unit that provides ...
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