Trump Pushes For Faster Oil Drilling On Federal Lands, Affecting US Energy Production And Climate Goals
Trump's proposed energy plan seeks to boost US drilling, expand gas exports, and roll back climate policies, raising concerns about environmental and regulatory impacts.
Elon Musk Avoids $44B Twitter Purchase Probe As US Court Junks SEC's Bid For Sanction
A federal judge rejected SEC sanctions against Elon Musk for missing testimony in its probe into his delayed disclosure of Twitter stock purchases in 2022.
Over 1 Million Travelers At Risk As Charlotte Airport Workers Consider Holiday Strike
Charlotte Airport workers may strike during Thanksgiving to demand better pay, respect, and working conditions, potentially disrupting travel for over 1 million passengers.
Russia Violates UN Sanctions By Discreetly Supplying Over 1 Million Barrels Of Oil To North Korea
Satellite images show Russia supplying North Korea with illicit oil shipments, violating UN sanctions, in exchange for military support amid ongoing ties since March 2024.
Editor's Pick
Elon Musk Success Story: What He Did During His Teen Years That Made Him A Billionaire
Now known as the world's richest man, the success story of Elon Musk started earlier than most; during his teen years.
Titan Submersible Employee to Testify That the Submarine Is 'Unsafe' Prior to Fatal Titanic Mission
An employee who labeled OceanGate’s Titan submersible as ‘unsafe’ will testify before U.S. Coast Guard investigators, potentially impacting the company’s future operation.
Trump's Election-Boosted Stocks Now Struggling; Upcoming Policies Expected To Trigger Market Chaos
Trump's victory initially boosted US stocks, but concerns about inflation, rising bond yields, and policy uncertainties have dampened enthusiasm, causing the S&P 500 to drop 2%.
Investors
Regions
China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
China has banned Taiwan’s fruit, seafood, and vegetables imports, escalating tensions over trade and military issues.
Global Stocks Drop as Japan's Nikkei Falls 13% and European Shares Hit Six-Month Lows
China and Italy Hopes to Revive Ancient 'Silk Road' Route With New Trade Agreement
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Scotland-England Electric Link to Power 2 Million Homes, Construction Starts 2028
Regulators have approved a £4.3 billion subsea cable project between Scotland and England, designed to enhance renewable energy transfer and boost energy security.
ECB’s Interest Rates Remain Unchanged But May See Cuts in September
European Commission President Ursula von der Leyen Re-Elected to Second Term
Deals
Funding
Godmother of AI' Fe-Fei Li Secures $1B Valuation for New Startup, World Labs
Fei-Fei Li’s AI startup, World Labs, raised $230 million in funding, valuing the company at over $1 billion as it prepares to develop AI models for 3D interaction by 2025.
Nvidia Rival Groq Raises $640 Million in a New Funding Round
Groq was originally looking to raise $300 million at a slightly lower valuation. Groq, an artificial intelligence chipmaking startup, has secured more than $600 million in a recent funding round, the company announced Monday.
Trump Campaign's Financial Advantage Short-Lived as Democrats Surge with $100M Funds in Just 1 Day
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
Tractor Drone Maker Monarch Reveals $133 Million Series C Funding
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
People
US Hacker Gets 5-Year Prison Sentence Over Record-Breaking $4.5 Billion Bitcoin Theft
A US hacker and his wife were convicted of laundering $4.5B in Bitcoin stolen from the 2016 Bitfinex hack, using fake identities, crypto swaps, and gold purchases.
Crypto CEO Released After $1M Ransom Payment; More Executives Face Rising Kidnapping Risks as Bitcoin Hits $76K
CEO Dean Skurka of WonderFi, Canada's largest crypto company, was kidnapped in Toronto on Wednesday with suspects demanding a 1 million Canadian dollar ransom.
Founder of TikTok's Parent Company Becomes China's Richest With $49.3 Billion Fortune
Zhang Yiming, founder of ByteDance, has become China's richest person with a net worth of $49.3 billion, surpassing former top spot holder Zhong Shanshan of Nongfu Spring.