Temu Parent PDD Sees 50% Profit Drop Amid Tariff Headwinds
The Chinese e-commerce company PDD Holdings which operates Temu experienced a 47% decrease in first-quarter profits because of new U.S....
Brazil Sues BYD Over ‘Slave-Like’ Labor Conditions
Brazilian prosecutors have filed a lawsuit against Chinese electric vehicle giant BYD and two of its contractors, accusing them of...
Musk Slams Trump’s Tax Bill Over Rising Deficit
Elon Musk criticized President Donald Trump's main policy program after the House of Representatives passed the sweeping tax and spending...
Salesforce Acquires Informatica in $8 Billion Data Push
Salesforce Inc. The company completes its $8 billion acquisition of Informatica to strengthen its position in AI-powered data management for...
Nvidia Faces China Headwinds as Investors Eye AI Chip Outlook
Nvidia Corp. will reveal financial results on Wednesday as investors worry that increasing US-China trade restrictions may impede the rapid...
Markets Rebound After Trump Delays EU Tariff Deadline
The European Union and the United States reached a temporary agreement on tariffs after President Donald Trump agreed to postpone...
OpenAI’s $6.5B Deal with Jony Ive Sparks Apple Alarm
OpenAI spent $6.5 billion to purchase Jony Ive’s AI device startup io which has triggered major disruptions in Silicon Valley...
JBS Pushes for U.S. Stock Listing Despite Investor Backlash
The Brazilian meat corporation JBS keeps advancing its NYSE stock listing plan while asking shareholders to back the controversial dual-listing...
Trump-Era FTC Drops PepsiCo Lawsuit Filed by Biden Appointees
The Federal Trade Commission headed by Republican appointees from President Donald Trump has dropped an important case against PepsiCo that...
UnitedHealthcare Faces Growing Backlash Over Billing Complaints
The largest private health insurer in the U.S. UnitedHealthcare faces mounting public disapproval because of its billing methods and care...
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