Nikola’s Bankruptcy Drama: The False Ad That Derailed Its Path to SuccessNikola filed for Chapter 11 bankruptcy after struggling with low revenue and high debt, leading to a stock plummet.
Porsche Plans to Cut 1,900 Jobs by 2029 Amid Restructuring EffortsPorsche plans to cut 1,900 jobs in Germany by 2029, facing challenges in EV production and financial losses projected at €2.5-3.5 billion.
Volvo Breaks Records with 763,000 Vehicle Sales in 2024, Driven by EV SurgeVolvo Cars reported record sales of 763,000 units in 2024, with EVs making up 23% of sales amid strong financial performance.
Ford's Electric Future Struggles with $5.5 Billion Loss, Despite Boost in EV SalesFord anticipates $5-$5.5 billion losses in its EV division this year, despite rising sales and plans for increased battery investments.
Nikola Faces Bankruptcy: Once Dubbed 'Second Tesla,' Now Teetering on the EdgeNikola, once seen as a rival to Tesla, is facing bankruptcy as financial issues rise, leading to a significant drop in stock prices.
Ford's EV Division Faces $5.1 Billion Loss in 2024, with More Trouble AheadFord's EV division faces a $5.1 billion loss in 2024 and projects up to $5.5 billion in 2025, amid market challenges and limited offerings.
Bank of America Bonuses Get a 10% Lift: What You Need to Know About This Year’s PayoutsBank of America investors expect higher dividends and a 10% bonus increase for investment bankers amid a surge in deal activity.
Lisa Cook Warns U.S. Stock Market Valuations Could Be Overly OptimisticLisa Cook warns of elevated U.S. stock and corporate bond valuations, raising concerns about potential market risks and liquidity issues.
Uber Stock Jumps Following $1.5 Billion Share Repurchase AnnouncementUber's stock surged after announcing a $1.5 billion share repurchase plan, part of a broader $7 billion buyback initiative.
Volkswagen Hit by Massive Data Scandal: 800,000 Electric Cars ExposedVolkswagen faces major challenges as it deals with data exposure and job cuts while restructuring to reduce costs and production capacity.
China Offers $14,000 Incentive for Second Child Amid Population CrisisChina launches a national campaign to encourage childbirth, addressing its serious low birthrate issue by supporting young couples.
66% of Americans Expect Stock Market to Rise in 2025, But Bitcoin May Face Volatility Amid Global TensionsA survey shows two-thirds of Americans expect stock market growth in 2025, but political tensions may impact both stocks and Bitcoin.
Bitcoin Surges 120% in 2024, But Faces First Decline in Months After December’s Record RallyBitcoin surged 120% in 2024 but faced a decline after hitting $108,315, influenced by profit-taking and interest rate expectations.
CitiGroup Exits Net-Zero Banking Alliance, Joins Growing List of U.S. Banks Scaling Back Climate CommitmentsCitiGroup exits the Net Zero Banking Alliance, joining other major banks in scaling back climate initiatives amid political pressures.
Why Did I Buy So Much? The Best Time of Day to Avoid Impulse PurchasesThe holiday season can lead to impulse buying; managing stress and practicing self-care helps maintain mindful shopping habits.
Can an App Tell You When You’ll Die? Death Clock App Offers Life Predictions Based on AIThe AI app Death Clock predicts life expectancy, aiding financial planning and motivating users to improve health and lifestyle choices.
China Maintains Crypto Ban, Hong Kong Offers New Opportunities for Crypto FirmsChina's central bank emphasizes strict cryptocurrency regulations while Hong Kong adopts a more favorable approach with new licensing.
Could Trump Make Bitcoin a U.S. Reserve Asset? Analysts Think It’s UnlikelyAnalysts doubt Bitcoin will become a strategic reserve asset under Trump, as U.S. dollar dominance remains strong amid economic challenges.
K-pop Star Lee Junho Hit with Tax Penalty, But Agency Insists on Full ComplianceLee Junho faces scrutiny after a tax audit revealed discrepancies, leading to a penalty, while his agency insists he complied with tax laws.
China's Housing Crisis Spills Over to Hong Kong—Major Developers Seek Help to Avoid CollapseChina's real estate crisis deepens, affecting developers like Vanke and spreading to Hong Kong, raising concerns over economic stability.
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