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.

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.

Virginia Lawmakers Investigate Why USPS Mails Are Missing, Delayed in Richmond Area

US representatives have tried to determine the reason behind the missing or delayed United States Postal Service (USPS) mail in the metro Richmond area in Virginia.


Latest News

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.
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.
A new research shows that most Australians worry about a cashless society. A cashless society worries most Australians, who also have concerns about the exploitation and marginalization in some communities, a new study shows.
The UK's Competition and Markets Authority (CMA) will thoroughly investigate the merger between Vodafone and CK Hutchison's Three unless the two mobile carriers address the regulator's concerns.
Senator Elizabeth Warren has renewed her call for the Securities and Exchange Commission (SEC) to investigate Tesla, its CEO Elon Musk, and its board of directors.
Elon Musk's X has updated its privacy policy to ban users from publishing the names of people behind anonymous accounts after some users shared the alleged identity of an antisemitic cartoonist who used a pseudonym.
Seniors and other recipients of Social Security benefits might see higher payments after the Social Security Administration (SSA) made a few changes to its rules to address its overpayment problem.