Elon Musk announced on social media that Tesla won't launch a refreshed Model Y this year, opting instead for continuous vehicle improvements.
Sectors
Warren Buffett-Led Firm Berkshire Hathaway Buys 2.57 Million More Shares in Occidental Petroleum
The Warren Buffett-led conglomerate Berkshire Hathaway has acquired approximately 2.57 million shares of common stock in Occidental Petroleum.
Apple's Swift Student Challenge Winners Get a Surprise From Tim Cook
A group of Apple's Swift Student Challenge winners received an unexpected surprise from CEO Tim Cook.
New Zealand Plans to Revoke Previous Government’s Oil Drilling Ban
The New Zealand government of PM Christopher Luxzon announced that it would revoke a ban on drilling for oil and gas passed by the previous government of Jacinda Ardern and Chris Hipkins before they were voted out of power.
Microsoft Reveals New Xbox Consoles, Games at Games Showcase
Microsoft announced a series of new all-digital versions of its Xbox Series X and S consoles and announced new games for the console in its annual Xbox Games Showcase.
Latest News
Saudi oil giant Aramco’s shares rose after a major $11.2 billion stock sale amid strong demand, aligning with Saudi Arabia's Vision 2030.
Volvo is relocating the production of its Chinese-made electric vehicles to Belgium in anticipation of potential EU tariffs on Beijing-subsidized imports, thereby avoiding the need to halt sales of these EVs in Europe.
Samsung workers in South Korea stage their first-ever strike, organized by the Nationwide Samsung Electronics Union (NSEU) due to failed negotiations over pay and bonuses, impacting nearly a quarter of the company's workforce and coinciding with a strategic day off.
Virgin Galactic completed its second spaceflight of the year, ferrying four tourists to the edge of space and back.
Walmart opposes a new New York law requiring panic buttons for retail worker safety, citing concerns over potential false alarms, despite the legislation being passed by the state Senate and Assembly and awaiting the governor's signature.
US lawmakers call for heightened scrutiny of NewsBreak due to its Chinese origins and use of AI for generating inaccurate news.
The Australian eSafety Commissioner is engaged in a legal dispute with Elon Musk's X Corp over the social media giant's allegedly inadequate response to a transparency notice concerning online safety expectations, resulting in a hefty fine and ongoing court battles initiated by both parties.
Stanford University's study on Pfizer's antiviral Paxlovid finds no significant relief for long COVID-19 symptoms, prompting ongoing investigation into its potential effects on persistent symptoms in a groundbreaking clinical trial.
China's export growth picked up in May despite US trade tensions, according to customs data. China's export growth picked up in May faster than in over a year despite US trade tensions, according to customs data released on Friday, June 7.
