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Elon Musk's Tesla Loses $240 Billion After Decision to Cut Production in China

Tesla's stock plummeted after Elon Musk's decision to halt car production in China amid slower EV sales growth and increased competition. Analysts warn that overcoming the downfall will be challenging without new Tesla models.


Bank of Japan Departs From Negative Interest Rate Policy, Boosting Confidence in Economic Growth

The Bank of Japan's decision to abandon its negative interest rate policy, coupled with its first rate hike in 17 years, reflects confidence in Japan's economic growth, driven by significant wage increases. Still, experts anticipate minimal immediate impact on the public.

China to Remove US-Manufactured Microprocessors From Government Computers

In response to the US House passing a TikTok ban bill and amid fears of Chinese retaliation, China has initiated measures to exclude US-manufactured microprocessors, particularly from Intel and AMD.

Michael Jackson's Son in Legal Battle With Grandmother Katherine Over Funds From His Father's Estate

Michael Jackson's son, Bigi "Blanket" Jackson, has asked a court to deny the King of Pop's mother from using his late father's estate money in her ongoing legal battle.


Latest News

More Americans trust former President Donald Trump's trade approach than President Joe Biden's, according to a new survey.
Ahead of the deadline to pay the $454 million civil fraud fine, Donald Trump has vowed to take the fight on the ruling out of New York Attorney General Letitia James' case up to the US Supreme Court if necessary.
After being notified of an arrest warrant against him, a former CEO of Steinhoff was found dead in what authorities suspect to be a suicide.
A recent report by Payscale reveals that one in three companies is shifting away from requiring a college degree for salaried positions.
The passengers aboard the Alaska Airlines Boeing flight, which had a door plug blowout incident midair, received letters from the FBI that told them they might be victims of crimes.
The DWAC voted in favor of merging with Trump Media & Technology Group, which owns the Truth Social platform.
The US House has approved a $1.2 trillion funding package to prevent a government shutdown, with the bill heading to the Senate amid GOP opposition.
Russian diesel fuel stranded at the sea was attributed to mostly Ukraine drone attacks on their oil refineries and heightened sanctions.
Germany will legalize recreational cannabis starting April 1, but it comes with strict regulations, leaving some questioning if it's an April Fool's prank by the government to catch Germans illegally consuming cannabis.
Wetherspoon's profits surged eightfold to £36 million in the first half of the financial year, driven by resilient sales amidst Covid recovery; expansion plans outlined.