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Ford will invest nearly $2 billion to retool its Louisville, Kentucky, plant for electric vehicle (EV) production, aiming for more affordable and profitable EVs to compete with rivals. The plant, operating for 70 years, …
SpaceX launched its 100th mission of the year, deploying 24 Amazon Project Kuiper satellites into low-Earth orbit. This marks SpaceX's second launch for Amazon's broadband internet constellation, a direct competitor to S…
Ford will invest $2 billion to transform its Louisville Assembly Plant into an EV factory, launching a $30,000 mid-size pickup in 2027. This involves abandoning its century-old assembly line for a new "universal producti…
Rumble (RUM), a video-sharing platform, is pursuing a $1.2 billion acquisition of Germany's Northern Data AG (NDTAF), a high-performance computing firm. This move positions Rumble in the growing AI infrastructure market,…
Despite imposing the highest average import tariffs since the 1930s, President Trump's strategy hasn't caused the anticipated stock market crash. Stocks closed higher for the week, even hitting record highs. Experts attr…
The end of US EV tax credits and relaxed emissions regulations are impacting automakers. Tesla anticipates a few rough quarters due to lost incentives, while focusing on increased vehicle production before the credit exp…
AI is causing major shifts in corporate America. CEOs across industries, from Amazon to JPMorgan, are anticipating and implementing significant workforce reductions due to AI-driven efficiency gains. This trend, fueled b…
Orsted, the world's largest offshore wind developer, experienced a 26.8% share crash after announcing a $9.4 billion rights issue. The company cited a "material adverse development" in the U.S. market, preventing a plann…
Palantir Technologies reached another record high on Friday, boosting its value significantly since its 2020 IPO. The stock's nearly 2500% increase is driven by strong AI integration, government contracts, and a recent i…
Intel, the sole US producer of advanced logic chips, faces a funding crisis. Samsung and TSMC aren't planning US manufacturing, leaving US tech giants reliant on a single source. Intel needs ~$40B to compete, a sum poten…
Investors are anticipating another market rally as they await key economic data on the impact of President Trump's tariffs on inflation. Futures point upward, with the Dow, S&P 500, and Nasdaq showing gains. The 10-year …
The Powerball jackpot surged to $501 million after Saturday's drawing yielded no winners. The next drawing is Monday night. Winners can opt for a $501 million annuity or a $229.5 million lump sum, both subject to signifi…
Goldie Chan, an introvert and founder of Warm Robots, leveraged LinkedIn's video feature to build a successful personal brand. Initially posting daily videos on pop culture branding, she amassed over 100,000 followers. T…
President Trump called for Intel CEO Lip-Bu Tan's resignation, citing concerns raised by Senator Tom Cotton about Tan's alleged ties to Chinese companies. This follows Intel's long decline from its position as a global c…
President Trump's executive order allows Americans to invest retirement savings in alternative assets like private equity and cryptocurrency. While proponents argue this broadens investment options and potentially increa…
Chipotle, once lauded for its employee treatment, now faces accusations of declining working conditions. Former and current employees report decreased training quality, shorter breaks, understaffing, and erratic scheduli…
The sudden death of Indian tycoon Sunjay Kapur, heir to the $3.6 billion auto parts empire Sona Comstar, has sparked a bitter inheritance dispute. His mother, Rani Kapur, alleges suspicious circumstances surrounding his …
The Trump administration is reportedly considering a $30 billion IPO for Fannie Mae and Freddie Mac, potentially merging them into a single entity called the Great American Mortgage Corporation. Analysts express skeptici…
President Trump's executive order allows Bitcoin investment in 401(k) retirement plans. This could inject billions into the crypto market, as the roughly $12.5 trillion in 401(k) assets represents a large untapped market…
Ignoring the wash sale rule can lead to unexpected tax bills. This rule prevents claiming losses on stocks repurchased within 30 days of a sale. A day trader unknowingly incurred a six-figure tax bill due to this, highli…
Soaring temperatures are driving up cooling costs in commercial real estate. Many large buildings lack precise temperature control, leading to wasted energy and discomfort. Runwise, a tech company, offers a hardware/soft…
Adult content creators are facing increasing challenges as platforms like itch.io remove NSFW material due to payment processor pressure. This follows similar bans on platforms like Patreon, Gumroad, and Tumblr, leaving …
Paramount's new owner, David Ellison, presented a tech-focused vision for the studio, aiming to leverage its vast library and his tech expertise to compete with streaming giants like Netflix and YouTube. The plan involve…
Veteran value investor Bill Nygren is focusing on undervalued stocks with strong shareholder returns. He's seeking companies with low price-to-earnings ratios (under 12x for almost half his portfolio) and robust dividend…
Crocs, facing a cautious consumer and reduced retail orders, plans to cut production for the second half of the year. CEO Andrew Rees cited concerns about discretionary spending and rising prices. The company reported a …