BUSINESS: GOLDSEA

Growth Slowed for China Factory Output, Retail Sales

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

Deadline for Sale of TikTok Expected to Be Extended

The September 17 deadline by which China's ByteDance must sell ...

China Struggles to Tame Involution Blight

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

xAI Lays Off Hundreds of Generalist AI Tutors

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

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

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

US Consumer Sentiment Slips Again in September

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

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 ...

Global EV Sales Growth Slowed in August

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

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

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

Consumer Inflation, Jobless Rate Heat Up

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

Oracle Revives AI Blue Sky for Investors

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

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 ...

PsiQuantum Attains $7 Billion Valuation, Nvidia Tie-Up

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

US Loses Billions of Dollars of Soybean Sales to China

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

Hongqi to Launch 15 Luxury EVs in Europe by 2028

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

Apple Holds Down iPhone Air Prices

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

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

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

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 ...

US Small Businesses Constrained by Lack of Quality Labor

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

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 ...

Microsoft Signs $19.4 Billion Deal with Nebius

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

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, ...

Polestar 5 Debuts in Munich

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

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 ...

Cause of Recent US Economic Slowdown

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

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

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

China Export Growth Continued in August

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

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 ...

Struggling Tesla Awards Musk $1 Trillion

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

Even 15% Tariffs Damage Japan's Small Carmakers

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

India Seeks Alternative Markets for Cheap Generics

Uncertainty over US tariffs and a deteriorating relationship between the ...

Avride to Enter Robotaxi Scene with Uber Dallas

Avride joins several other autonomous driving startups in the robotaxi ...

Korean Carmakers Hit with Lower Tariffs on Japanese Cars

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

Russian Exporters Suffer Continuing Chinese Payment Delays

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

OpenAI to Make Own AI Chips with Broadcom

OpenAI is only one of several AI leaders seeking to ...

Jobless Claims Rise More Than Expected

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

China Nvidia GPU Demand Hot Despite Beijing Suppression

Despite US controls and Beijing's quest for AI independence, Nvidia ...

July Trade Deficit Soared on Rush to Beat Tariffs

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

Dollar Tree Gets Richer Shoppers but Squeezed by Tariffs

The discount retail chain sees growth among more affluent consumers ...

Jury Finds Google Liable for Using Personal Data

A federal jury found Google liable for $425 million in ...

New Mexico to Develop Quantum Computing Center

As quantum computing developments accelerate New Mexico will invest $315 ...

Novartis Signs $5.2 Billion Deal for Argo RNAi Heart Drugs

The Chinese biopharmaceutical firm develops therapeutics using RNA interference (RNAi) ...