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Vietnam's proactive approach to securing a trade deal with the US, even amidst uncertainty, gives it an edge over its Southeast Asian neighbors. According to Ted Osius, president of the US-ASEAN Business Council, Vietnam…
Following Microsoft's layoff of 9,000 employees, an Xbox executive suggested using AI tools like Copilot to cope with job loss. His LinkedIn post, offering AI prompts for career planning, resume writing, and emotional su…
China's booming electric vehicle market, driven by government policy, is facing an oversupply crisis and intense price wars. Market leader BYD's recent price cuts triggered a wave of similar actions from competitors, pro…
Nissan is recalling over 480,000 vehicles in the U.S. and Canada due to potential engine failure. The recall affects certain 2021-2024 Nissan Rogues, 2019-2020 Altimas, and 2019-2022 Infiniti QX50s and 2022 QX55s with VC…
Newark Liberty International Airport's major runway reopened ahead of schedule. Despite a summer airfare sale dropping prices to 2021 levels, the outlook for the rest of the year remains uncertain. Airlines are grappling…
European markets are projected to open higher today, with the FTSE 100, DAX, CAC 40, and FTSE MIB all showing positive futures. This follows a mixed day Wednesday, particularly in the UK, impacted by political pressures.…
Several CEOs are issuing increasingly dire predictions about AI's impact on jobs. Anthropic's Dario Amodei warned of 50% entry-level job losses within five years, potentially raising US unemployment to 20%. JPMorgan, Ama…
Microsoft's recent layoffs impacted Halo Studios, resulting in at least five employees being fired. The cuts, part of a larger 9,000-person reduction across Microsoft, are attributed to increasing "agility and effectiven…
Microsoft's gaming division announced significant layoffs, impacting its Stockholm-based King division (around 200 jobs) and other European offices. US offices were notified later. CEO Phil Spencer cited the need to prio…
Tesla's Q2 vehicle deliveries dropped 13.5% year-over-year to 384,122, missing analyst expectations. This marks a continued sales decline, attributed to Elon Musk's controversial political stances and an aging vehicle li…
Amazon is offering early Prime Day deals with discounts of 50% or more on various products. Deals include smart home devices like Kasa smart bulbs and Echo Pop Kids, kitchen appliances such as the KitchenAid oven mitts a…
Microsoft is conducting another round of layoffs, affecting multiple teams globally, including sales and Xbox. While the exact number remains undisclosed, it's estimated to be around 9,000 employees, representing less th…
Silicon Valley is experiencing a fierce competition for AI talent, with Meta leading the charge. Top AI engineers and researchers are receiving multi-million dollar compensation packages, causing FOMO among those not rec…
Scooter Braun is transitioning from CEO of HYBE America to a senior advisory role on HYBE's board of directors. This follows a five-year plan initiated with the 2021 sale of Braun's Ithaca Holdings to HYBE. He will remai…
Asia-Pacific markets showed mixed results Tuesday, reacting to Wall Street's record highs and uncertainty surrounding expiring US tariffs. While some markets like South Korea's Kospi saw gains, others such as Japan's Nik…
A US judge ordered Argentina to relinquish its controlling stake in YPF, its state-run oil company, as partial compensation for a $16 billion court judgment. This ruling stems from the 2012 nationalization of YPF under f…
The Defense Logistics Agency awarded a $5 billion contract to six companies to expedite US Navy ship manufacturing. The indefinite-delivery/indefinite-quantity contract, potentially reaching $10 billion, aims to reduce p…
Apple's film "F1," starring Brad Pitt, scored a box office hit with a $203.3 million opening weekend, exceeding expectations and marking Apple's first major theatrical success. This win comes after several underperformin…
GoFundMe launched "Giving Funds," a donor-advised fund (DAF) aiming to boost charitable giving beyond the current 2% GDP mark. Unlike traditional DAFs often criticized for warehousing donations, Giving Funds features no …
Home Depot announced its $4.3 billion acquisition of building-products distributor GMS, aiming to boost sales from professional contractors. The deal, through Home Depot's subsidiary SRS Distribution, will see GMS shares…
Zillow is banning listings not shared on local databases within one business day of public marketing, escalating a dispute with brokerages like Compass over "exclusive inventory." This fight impacts homebuyers and seller…
US markets celebrated record highs on Friday, boosted by tariff relief from China and strong tech performances from Nvidia and Microsoft. However, President Trump's abrupt end to trade talks with Canada over a digital se…
Stock futures rose Sunday evening, with the S&P 500 and Nasdaq futures up 0.1%, and Dow futures gaining 0.3%. June has seen significant market recovery, fueled by relief over reduced tariff threats, despite ongoing trade…
Thousands of Norwegians were mistakenly notified of hugely inflated lottery winnings due to a currency conversion error by Norsk Tipping. A misplaced decimal point multiplied Eurojackpot prizes by 100 instead of dividing…
Warren Buffett donated $6 billion in Berkshire Hathaway stock to five foundations, increasing his total donations since 2006 to roughly $60 billion. The largest recipient is the Bill & Melinda Gates Foundation Trust. Thi…