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Ford Targets BYD with New Mid-Size Electric Pickup Aiming to Match Chinese EV Pricing

Oct 29, 2024 01:47 am UTC| Technology Business

Fords new mid-size electric pickup, set to rival the cost of BYDs popular models, marks a bold move in the EV market. CEO Jim Farley announced the innovative model, designed by a Skunkworks team, will tackle the growing...

Boeing Considers Exiting Space, Weighs Sale of Division to Jeff Bezos' Blue Origin

Oct 29, 2024 01:26 am UTC| Technology Business

Boeing is reportedly exploring an exit from the space industry, eyeing a potential sale of its space division to Jeff Bezos Blue Origin. The sale, fueled by challenges with the Starliner program and increased regulatory...

Digital Currency Revolution

XRP Set to Break Out as Whale Transfers $51M Amid Bullish Predictions

Oct 29, 2024 01:04 am UTC| Digital Currency Technology Business

A $51 million XRP transfer between anonymous wallets hints at a potential price rally, as whale activity typically signals long-term holding intentions. Crypto analysts Egrag Crypto and Dark Defender project double-digit...

Digital Currency Revolution

Shiba Inu Could Hit All-Time High by November, Analyst Predicts 350% Surge

Oct 28, 2024 22:11 pm UTC| Digital Currency Technology Business

Shiba Inu might soar to its all-time high by November, according to crypto analyst Javon Marks. With bullish trends emerging and increased activity on the Shibarium network, a potential 350% price surge could be on the...

Three Top Tesla Insiders, Including Musk's Brother, Gear Up for $300M Stock Sal

Oct 28, 2024 21:49 pm UTC| Technology Business

Tesla is set to witness a substantial stock sell-off as three of its board membersKimball Musk, Robyn Denholm, and Kathleen Wilson-Thompsonhave arranged to sell shares totaling $300 million. The insider trading plans were...

Tesla China Extends Zero-Interest Financing for Model 3 and Model Y – Deadline Approaching Fast

Oct 28, 2024 21:35 pm UTC| Technology Business

Tesla China has extended its five-year zero-interest financing program for select Model 3 and Model Y variants, offering potential buyers a final chance to benefit from the incentive through November 30. This extension...

Digital Currency Revolution

Coinbase Takes NBA Spotlight with Golden State Warriors Deal, Filling FTX’s Void in Sports Sponsorship

Oct 28, 2024 21:15 pm UTC| Digital Currency Technology Business

Coinbase has claimed a prominent place in NBA sports sponsorship, partnering with the Golden State Warriors and stepping into the void left by FTXs collapse. The deal signals Coinbases commitment to reestablishing cryptos...

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Economy

Trump Delays Tariffs on Critical Minerals, Seeks Global Supply Deals to Protect U.S. Security

U.S. President Donald Trump has decided, for now, not to impose tariffs on rare earths, lithium, and other critical minerals, choosing instead to pursue international negotiations aimed at securing stable supplies. The...

U.S. Oil Prices Slide After Trump Comments Ease Iran Supply Fears

U.S. oil prices declined sharply in early Asian trading on Thursday, falling by more than $1 per barrel as easing geopolitical tensions involving Iran reduced market fears of supply disruptions. The pullback came after...

Japan Firms Warn Economic Risks as China Ties Fray and BOJ Tightens Policy

More than two-thirds of Japanese companies believe the domestic economy will suffer as relations with China continue to deteriorate, according to a recent Reuters survey conducted by Nikkei Research. Nearly half of the...

Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions

Chevron is expected to receive an expanded Venezuela license from the U.S. government this week, a move that could significantly increase oil production and exports from the South American nation, according to multiple oil...

Japan Wholesale Inflation Slows as Fuel Costs Fall, BOJ Data Shows

Japans wholesale inflation growth eased toward the end of the year, signaling that falling fuel and crude oil prices are beginning to reduce cost pressures for businesses, according to the latest data released by the Bank...

Politics

Federal Judge Blocks Trump Administration From Cutting $80 Million in Minnesota SNAP Funding

A federal judge on Wednesday temporarily blocked the Trump administration from withholding roughly $80 million in federal funding used to administer Minnesotas Supplemental Nutrition Assistance Program (SNAP), commonly...

U.S. Schools Set to Bring Back Whole Milk After 15-Year Ban

U.S. children may soon see whole milk return to school cafeterias for the first time in nearly 15 years after President Donald Trump signed new legislation allowing schools to serve whole and reduced-fat milk alongside...

Trump Signs Executive Order to Prevent Long Island Rail Road Strike Affecting 300,000 Daily Commuters

President Donald Trump on Wednesday signed an executive order establishing a second emergency board aimed at preventing a potential work stoppage at the Long Island Rail Road (LIRR), a critical transportation system...

U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns

U.S. Treasury Secretary Scott Bessent has emphasized the importance of clear and well-communicated monetary policy during a recent meeting with Japanese Finance Minister Satsuki Katayama, as concerns grow over sharp...

U.S. Justice Department Sues to Block California Oil and Gas Buffer Zone Law

The U.S. Justice Department has filed a lawsuit seeking to block a California law that requires oil and gas drilling operations to maintain significant buffer zones from schools, homes, hospitals, and other community...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates

Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker and a critical supplier to Nvidia and Apple, is expected to deliver a record-breaking fourth-quarter profit, driven by surging global...

U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China

U.S. lawmakers and former national security officials are voicing strong concerns over President Donald Trumps decision to allow Nvidia to resume sales of its advanced H200 artificial intelligence chips to China, warning...

Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities

Title: Taiwanese prosecutors have issued an arrest warrant for Pete Lau, the chief executive officer of Chinese smartphone maker OnePlus, accusing him of involvement in illegal business operations and recruitment...

Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive

Chinese artificial intelligence startup Zhipu AI has unveiled a new open-source image generation model, marking a significant milestone in Chinas push for technological self-reliance. The model, called GLM-Image, was...

Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules

The Trump administration has officially approved the sale of Nvidias H200 artificial intelligence chips to China, marking a major shift in U.S. export policy and reigniting debate over national security and global AI...