Tesla Battery Supplier CATL Sees Stock Surge in Hong Kong’s Biggest IPO of 2025

Tesla Battery Supplier CATL Sees Stock Surge in Hong Kong’s Biggest IPO of 2025

Chinese battery giant Contemporary Amperex Technology Co. Limited (CATL) saw its shares jump sharply on its Hong Kong debut, marking the largest initial public offering (IPO) of the year so

Walgreens to Close Significant Number of Unprofitable Stores in Major Overhaul

Walgreens to Close Significant Number of Unprofitable Stores in Major Overhaul

Walgreens is planning to shut down a considerable number of its approximately 8,600 locations across the United States as part of a comprehensive effort to restructure the struggling pharmacy chain’s

Geely Launches Second Batch of Satellites to Enhance Navigation for Autonomous Cars

Geely Launches Second Batch of Satellites to Enhance Navigation for Autonomous Cars

Chinese automaker Geely Holding Group announced the successful launch of 11 low-earth orbit satellites, marking its second dispatch as part of an initiative to bolster navigation capabilities for autonomous vehicles.

Washington Investigates Tesla’s ‘Elon Mode’ Autopilot

Washington Investigates Tesla’s ‘Elon Mode’ Autopilot

U.S. highway safety regulators are launching an investigation into a potentially hidden feature within Tesla's Autopilot software. This feature, informally referred to as "Elon mode," can reportedly disable the safety

Burger King’s Secret Weapon Against McDonald’s is the Whopper

Burger King’s Secret Weapon Against McDonald’s is the Whopper

When Burger King launched a new marketing campaign late last year with a little jingle to support the Whopper, Tom Curtis was initially skeptical. “You just can’t say ‘Whopper’ four

Letting Roger Federer Leave Nike Was an ‘Atrocity,’ Says Former Tennis Director

Letting Roger Federer Leave Nike Was an ‘Atrocity,’ Says Former Tennis Director

When Roger Federer made the decision to hang up his tennis racket last year at the age of 41, he did so as one of the most influential figures to

Former Goldman Sachs Analyst Receives 22-Month Jail Term for Insider Dealing

Former Goldman Sachs Analyst Receives 22-Month Jail Term for Insider Dealing

Mohammed Zina, a former analyst at Goldman Sachs International in London, was sentenced to 22 months in prison for insider dealing, following a trial in a London court. Zina, 35,

Toyota Warns of Record $9.5 Billion Profit Blow from U.S. Tariffs

Toyota Warns of Record $9.5 Billion Profit Blow from U.S. Tariffs

Toyota Motor Corporation, the world’s largest carmaker, has cautioned that U.S. import tariffs could slash its annual operating profit by as much as 1.4 trillion yen ($9.5 billion) - the

Disgraced Crypto Mogul Sam Bankman-Fried Spared Second Trial, Faces Sentencing in March

Disgraced Crypto Mogul Sam Bankman-Fried Spared Second Trial, Faces Sentencing in March

In a recent development, US prosecutors have informed a New York federal court that they will not pursue a second trial against Sam Bankman-Fried, the fallen founder of crypto exchange

Farmers Insurance Lays Off 2,400 Employees in Restructuring

Farmers Insurance Lays Off 2,400 Employees in Restructuring

California-based Farmers Insurance announced on Monday that it is laying off 11% of its workforce, or 2,400 employees, in a bid to restructure itself for long-term growth. The jobs being

CNN Fires Longtime Host, Don Lemon

CNN Fires Longtime Host, Don Lemon

Broadcasting giant, Cable Network News, has fired its longtime host and news anchor, Don Lemon. Lemon, who worked with the company for 17 years, claimed he was unceremoniously dismissed by

Scalpers are struggling to resell the PlayStation 5 Pro because it’s in stock at most retailers

Scalpers are struggling to resell the PlayStation 5 Pro because it’s in stock at most retailers

If you're scummily going to buy a consumer product, often in bulk, with the intention of reselling it at a huge markup, make sure the item in question is in

Walmart Settles Class-Action Lawsuit, Shoppers Could Claim Up to $500

Walmart Settles Class-Action Lawsuit, Shoppers Could Claim Up to $500

Walmart customers across the United States and Puerto Rico may find themselves eligible to claim compensation of up to $500 as part of a recently settled class-action lawsuit against the

Court Denies Binance Executive’s Renewed Bail Request, Cites Abuse of Process

Court Denies Binance Executive’s Renewed Bail Request, Cites Abuse of Process

An Abuja Federal High Court has rejected a fresh bail application by Tigran Gambaryan, an executive at Binance Holdings Limited, currently held in custody. The court presided over by Justice

Hasbro Announces Layoffs, Cutting 1,100 Jobs Amid Toy Sales Slump

Hasbro Announces Layoffs, Cutting 1,100 Jobs Amid Toy Sales Slump

In response to a persistent decline in toy sales, Hasbro is set to lay off approximately 1,100 employees, representing nearly 20% of its workforce, according to a memo issued by

Carney Pauses 2026 EV Sales Target, Pushes ‘Buy Canadian’ Policy Amid Trade Tensions

Carney Pauses 2026 EV Sales Target, Pushes ‘Buy Canadian’ Policy Amid Trade Tensions

Canadian Prime Minister Mark Carney has announced a pause on a key electric vehicle (EV) sales target while unveiling a new “Buy Canadian” policy aimed at shielding the country’s economy

Tech Firms Shift to Remote Work Amid Iran Conflict

Tech Firms Shift to Remote Work Amid Iran Conflict

Major technology companies are activating emergency measures across the Middle East as hostilities involving the United States, Israel and Iran intensify, prompting concerns about staff safety and potential supply disruptions.

Drake and Nike’s NOCTA Raise $43.7M to Save Italian Soccer Club Venezia FC from Bankruptcy

Drake and Nike’s NOCTA Raise $43.7M to Save Italian Soccer Club Venezia FC from Bankruptcy

In a remarkable turn of events, musician Drake has played a pivotal role in raising €40 million ($43.7 million) to rescue Italian soccer club Venezia FC from the brink of

Billionaire Joe Lewis Pleads Guilty to Insider Trading Charges in US Court

Billionaire Joe Lewis Pleads Guilty to Insider Trading Charges in US Court

In a significant legal development, UK billionaire Joe Lewis, the owner of Tottenham Hotspur football club, has pleaded guilty to charges of insider trading in a United States court. The

Tech Firms Head To Court As Landmark Social Media Addiction Trial Begins

Tech Firms Head To Court As Landmark Social Media Addiction Trial Begins

A closely watched trial that could reshape how social media companies are held accountable in the United States is set to begin in California, with senior executives from some of

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