Boeing Co. (NYSE: BA) shares fell sharply on Thursday, sliding more than 4.8% after an Air India plane carrying 242 people crashed shortly after takeoff from Ahmedabad airport. Emergency crews have recovered more than 200 bodies from the wreckage, making it one of the...
In a major milestone for the electric vehicle (EV) sector, Chinese automaker BYD has reported a record-breaking annual revenue of 777 billion yuan ($107 billion) for the year 2024, surpassing its U.S. rival, Tesla, in terms of financial performance. This remarkable...
Hyundai is set to make a significant investment in the U.S., pledging $20 billion in onshoring initiatives that will boost American manufacturing and the production of electric vehicles. The announcement, expected to be made on Monday at the White House, will be...
The European Union has taken a significant step to address concerns about potential foreign interference in Romania's recent elections. On Thursday, EU officials ordered the social media platform TikTok to freeze data linked to the ongoing electoral process, marking a...
In a bold move to safeguard young people online, Australia has introduced a new ban restricting access to social media for those under the age of 16. Prime Minister Anthony Albanese announced the measure, stating that it was a significant step in delivering on the...
South Korea's won tumbled to its weakest level in over two years, hitting 1,427.10 against the U.S. dollar, after President Yoon Suk Yeol's shocking announcement of martial law on Tuesday. The sudden drop in the currency comes amid growing uncertainty over the...
On the first day of his presidency, President-elect Donald Trump proposed sweeping tariffs that would drastically change U.S. trade relations with its top partners. In a series of Truth Social posts, Trump outlined plans to impose a 25% tariff on goods from Canada and...
On Wednesday, U.S. stock markets opened lower, reflecting a mix of geopolitical and corporate concerns that weighed heavily on investor sentiment. One significant factor contributing to the market downturn was the escalating tensions between the U.S., Ukraine, and...
After a steep decline on Monday, U.S. stocks are making a slight recovery on Tuesday, as investors digest the latest developments in the ongoing geopolitical tensions between the United States and Russia. On Monday, the Dow Jones Industrial Average plummeted 400...
Steel stocks took a sharp hit as the White House prepares to block the $14.9 billion takeover of U.S. Steel by Japan's Nippon Steel. President Joe Biden is expected to announce his decision to halt the acquisition soon, according to a report by The Washington Post....
On Wednesday, Nvidia (NVDA) made history by becoming the first publicly traded company to surpass a $4 trillion market valuation, overtaking tech titans Microsoft (MSFT) and Apple (AAPL). This milestone cements Nvidia’s position as the most valuable company on the...
In a landmark shift, the Internal Revenue Service (IRS) has stated in a new federal court filing that churches may now endorse political candidates to their congregations without risking their tax-exempt status — a dramatic reinterpretation of the Johnson Amendment...
Shares of SoFi Technologies (NASDAQ: SOFI) surged 7% in early trading Tuesday following the announcement of a strategic partnership with Cashmere, a next-generation venture capital firm focused on making startup investing more accessible. Cashmere revealed that its...