XPeng EV Car

XPeng Considers Investing in 4,000 More Employees and AI as CEO Warns Tough EV Competition

Chinese EV company, XPeng is pushing all its might to production force after tough competition warning from CEO in its industry.


Sony Loses $10 Billion After PS5 Sales Drop With Games Profit at 10-Year Low

Sony's stock dropped by $10 billion due to lower PS5 sales forecasts, while its gaming profits also fell despite strong digital sales and PS Plus subscriptions.

EU Sets to Impose Record €500 Million Fine on Apple for Music Streaming Violation

The EU may fine Apple $539 million for restricting music streaming. Is this related to Spotify's complaint in 2019?

Biden Admin Proposes Easing Emissions Restrictions for Cars; Will This Hurt the EV Market?

The Biden administration may stall crucial pollution restrictions on cars, hurting EV development. The Environmental Protection Agency (EPA) of the United States may consider easing a major climate change regulation that limits emissions from vehicles' tailpipes.


Latest News

Singapore's Aerospace Industry Is Expected to Hire Over 2,500 Workers in the Next 3 to 5 Years
The aerospace industry in Singapore is expected to hire over 2,500 workers in the next three to five years to support its ongoing growth.
OpenAI, Now Valued at $80 Billion, Launches New Text-to-Video Tool Sora
ChatGPT maker OpenAI reportedly reached a valuation of $80 billion or more after completing a business deal to raise more funds.
China's Foreign Minister Urges the US to Lift Sanctions on Chinese Companies
China's Foreign Minister Wang Yi urged the United States to lift sanctions on Chinese companies and individuals and emphasized that efforts to decouple from China would ultimately hurt the US.
Second Donald Trump Presidency: What It Could Mean for US Energy Policy
If former President Donald Trump returns to office again, he will reportedly embark on a course to reverse many of the initiatives undertaken by the Biden administration in combating climate change.
Wasted Luck: Mega Millions Jackpot Winner in Florida Never Claimed the $36 Million Prize
Winning a Mega Millions jackpot takes a lot of luck, but two bettors just wasted that stroke of good fortune after they failed to step forward and claim the prize.
US Dollar Is Still the World's Reserve Currency, Fed Governor Says
Federal Reserve Governor Christopher Waller has affirmed that the US dollar will remain the world's reserve currency.
JPMorgan Chase to Pay Civil Penalties of Around $350 Million Over Trade Reporting Gaps
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
Nike to Lay off More Than 1,500 Jobs
Nike announced on Thursday a reduction in its workforce by 2% that will result in the layoff of more than 1,500 jobs.
Does the Philippines Need a Whole-of-Nation Approach in the Tourism Industry? Here's What the Tourism Secretary Says
Does the Philippines need a whole-of-nation approach in the tourism industry? The country's Tourism Secretary says yes.
Wendy's Is Sweetening Its Breakfast Lineup With a New Treat From Cinnabon
Wendy's breakfast lineup is getting sweeter as it will soon add a new item from Cinnabon after partnering with the baked goods chain.
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