Tesla's Model Y is now included on a Chinese government purchase list, making it the first foreign-owned electric vehicle brand approved for procurement by Jiangsu province.
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Elon Musk Seeks Dismissal of Lawsuit Over Delayed Disclosure to X Shareholders
Elon Musk has requested a federal judge in New York to dismiss a lawsuit filed by X shareholders alleging delayed disclosure of his significant investment, citing a misunderstanding of SEC disclosure rules.
Nvidia Receives Rare Low Rating From Wall Street Following 'Slow Growth' Prediction
Analyst Pierre Ferragu downgraded Nvidia's rating to neutral, citing concerns over future growth and valuation. Nvidia stock has struggled to return to its glory in the past few days.
Ohio Chamber of Commerce Rejects $15 Minimum Wage Proposal, Citing Increased Labor Costs
Proposals to raise Ohio’s minimum wage to $15 per hour have failed this year due to insufficient signatures, delaying the initiative to potentially appearing on the ballot in 2025, following opposition from businesses.
Chinese GAC and Turkish EV Maker TOGG Discuss Joint Electric Vehicle Venture
Chinese automaker GAC is in talks with Turkey's TOGG for potential joint EV production ventures, a potential bilateral cooperation in both countries' automotive sectors.
Latest News
A Texas woman lost $17,000 to a phone scam in which fraudsters posed as representatives from Wells Fargo.
Mt. Gox, the defunct Japanese Bitcoin exchange, has begun reimbursing creditors with Bitcoin and Bitcoin Cash, starting with 140,000 Bitcoins recovered out of approximately 950,000 lost.
In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.
Brazil's former president Jair Bolsonaro was indicted by the country's Federal Police for alleged money laundering and criminal association.
President Joe Biden faces pressure from prominent donors within his party, including Disney heiress Abigail Disney, who announced she would cease funding to the Democratic Party.
Bitcoin dropped to its lowest level in two months on Thursday. Bitcoin dropped to its lowest level in two months on Thursday. According to Reuters, the cryptocurrency's value fell over 2% to $57,843, marking its lowest point since May 2 and losing over 6% this week alone.
A second Donald Trump presidency could lead to a rise in long-term US Treasury yields, according to Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman.
The British pound and several UK-based stocks and government bonds have arisen after the Labour Party won a landslide victory in the country’s general election.
Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.
