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BUSINESS

  • U.S. Job Cuts Reach Highest Level Since 2020 as Economic Worries Grow U.S. employers' 2024 hiring announcements hit a record low since 2015, indicating a sharp slowdown in job growth.
  • U.S. Blocks China’s Rare Earth Play in Greenland: Strategic Move or Economic Rivalry? The U.S. blocks China's takeover of Greenland's rare earth project, pressuring Tanbreeze Mining to partner with American firms instead.
  • Quantum Dreams Shattered: Stocks Plunge as NVIDIA's CEO Talks 20-Year Wait Quantum computing stocks plummet after NVIDIA's CEO states practical quantum computers are 15-30 years away, impacting investor sentiment.
  • Is Nvidia’s Stock Fall a Fluke? Experts Think So NVIDIA's stock fell over 6% post-CEO Jensen Huang's CES 2025 speech, despite optimistic growth projections in AI and robotics.
  • China Bracing for Trump’s Tariffs: Will They Really Be 20% Instead of 60%? Speculation rises that Trump's tariffs on China may average 20%, impacting GDP growth and prompting potential retaliation from China.
  • Macy's Slams the Door on 66 Locations in Latest Store Closure Wave Macy's plans to close 66 more stores as part of a strategic overhaul, focusing on 350 key locations by 2026 amid declining demand.
  • Bank of America Bonuses Get a 10% Lift: What You Need to Know About This Year’s Payouts Bank of America investors expect higher dividends and a 10% bonus increase for investment bankers amid a surge in deal activity.
  • Toyota’s $10 Billion Gamble: How NVIDIA Chips Will Power the Future of Self-Driving Cars Toyota enhances its partnership with NVIDIA, integrating advanced semiconductors to boost AI and autonomous driving in future vehicles.
  • China Outperforms the U.S. in Top Academic Research—Here’s How Analysis shows China is surpassing the US in academic achievements, indicating a significant golden cross across various fields.
  • Mazda Accelerates EV Future with $Battery Plant and New Platform Development Mazda is building a new battery plant in Japan, aiming for a full-scale electrification era with advanced EV platforms and battery technology.
  • Meta's New Move to Avoid €798 Million Fine—Here’s How eBay Will Fit In Meta plans to integrate eBay's classifieds into Facebook Marketplace to comply with an EU ruling, despite filing an appeal against it.
  • China's Hacking Scandal Boosts U.S. Cybersecurity Stocks U.S. cybersecurity stocks gain attention after a major hacking incident, prompting increased government spending and new legislation.
  • Volkswagen’s €300 Million Wage Cut Plan: A Sign of Tough Times Ahead for Execs and Workers Volkswagen plans to implement wage cuts for managers, extending beyond the previously agreed union wage reductions.
  • Despite Weak iPhone 16 Sales, Apple’s AI Strategy Could Secure Its Future Apple faces declining iPhone 16 sales, but analysts remain optimistic about long-term growth driven by advancements in Apple Intelligence.
  • Biden Imposes Strict AI Chip Export Rules—NVIDIA Shares Take a Hit Biden plans new AI chip export restrictions to prevent technology access for China and Russia, aiming for global compliance.
  • Hyundai’s Santa Fe and Kia’s EV3 Crowned Best Cars for Women Hyundai's Santa Fe and Kia's EV3 are top SUVs in the 2025 Women's World Car of the Year, showcasing excellence in design and performance.
  • 173 Morgan Stanley Employees Elevated to Managing Director—Here’s What’s Driving the Surge Morgan Stanley promotes 173 employees to managing director, showing optimism in banking amid strong earnings and potential regulatory changes.
  • AI Could Create 170 Million Jobs by 2030—But Which Jobs Will Disappear? The WEF report predicts AI will create 170M jobs but eliminate 92M, emphasizing the need for skills retraining to adapt.
  • Honda's 25-Year-Old Legend Makes a Comeback: New Prelude Revealed Honda revives the Prelude after 25 years, blending sports car heritage with modern hybrid technology, set to launch in 2025.
  • Toyota's Next-Gen Corolla Gets Sportier Design with Exciting PHEV Future The next-gen Toyota Corolla will feature a sportier design and a PHEV variant, set to launch in Japan and the US in 2026.
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