Industry

Warren Buffett-Backed BYD Profit Surged 80% in the Year China's EV Giant Overtook Tesla

China's BYD, backed by Warren Buffett's Berkshire Hathaway, has announced a profit increase of over 80% in its first set of annual earnings after stealing Tesla's crown as the world's top seller of electric vehicles (EVs).


US, South Korea Form New Task Force to Block North Korea Oil Shipments

The US and South Korea have set up a new task force to prevent North Korea from obtaining illegal oil.

Winrevair: Merck’s Drug for Rare, Deadly Lung Condition Gets FDA Approval

Merck has received approval from the Food and Drug Administration (FDA) for its new drug, Winrevair, designed to treat a rare and deadly lung condition.

Facebook Accused of Secretly Wiretapping Snapchat Through Users' Phones in 'Project Ghostbusters,' Documents Reveal

Recently revealed court documents claim that Meta had a covert operation called 'Project Ghostbusters' aimed at spying on Snapchat.


Latest News

The Ukrainian government is investing in its military industry to boost homemade ammunition and weapons amid conflict with Russia.
Dell revealed in a filing that it has reduced its workforce as part of its broader strategy to cut expenses.
Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
Disney investor Nelson Peltz has criticized the company for its "woke" approach, particularly questioning Marvel's "Black Panther" and "The Marvels" films.
Ukraine claims it destroyed Russian-used Starlink systems. This comes after Elon Musk denied doing business with Kremlin.
Tuff Torq Corp. was fined $296,951 by the Labor Department's Wage and Hour Division for several child labor violations.
Reddit company timeline: from 2005 to the present, starting with two roommates, Alexis Ohanian and Steve Huffman, and the current New York Stock Exchange debut that made Redditors shareholders become instant millionaires.
Skyrocketing cocoa prices, doubling in 2024 and outpacing Bitcoin, pose Easter concerns for chocolate firms, with New York wholesale rates peaking at $8,900 per ton.
Match Group, the parent company of Tinder and Hinge, adds two new directors after discussions with activist investor Elliott.
Boeing's CEO Dave Calhoun, Chairman Larry Kellner, and Stan Deal from the commercial airplane unit are departing amid growing regulatory and customer pressure, prompted by recent incidents like the door plug failure on a Boeing 737 Max 9 aircraft.
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