A sweeping AidData report says China’s state banks secretly funneled about $200 billion into U.S. companies over 25 years, often routed through shell firms in the Cayman Islands, Bermuda and Delaware. Many loans aided Chinese acquisitions in sensitive sectors, including robotics, semiconductors and biotech, raising national security alarms. Globally, China...
Ford Motor is teaming up with Amazon to let dealers list certified used Fords on Amazon Autos, letting shoppers browse local inventory, arrange financing, and finish most paperwork online before picking up the vehicle in person. The program launches in Los Angeles, Seattle and Dallas, with more markets to come....
After a two-week blackout, Disney’s channels returned to YouTube TV under a new deal that hints at the service’s next move: genre-specific packages. In a bullet point, Disney said select networks will be included in various packages, suggesting previously reported options like a Sports & Broadcast tier. The wording implies...
CoreWeave’s blistering AI-fueled growth hides mounting peril, the article argues. The newly public data center operator posted $1.4 billion in Q3 revenue and marquee deals with Microsoft, OpenAI and Meta, yet it’s laden with about $14 billion of debt, soaring interest costs, construction delays and “material weaknesses” in controls. Critics...
As Google-driven traffic dwindles, a new wave of media startups is thriving by courting readers directly through newsletters, events, podcasts, and YouTube. The Bulwark says search ranks “at the very, very bottom” of its growth and claims “Google going to zero” wouldn’t matter. Founders from outlets like Ankler Media, Hell...
The Dubai Air Show opened with Emirates ordering 65 Boeing 777-9 jets, a $38 billion list-price deal with GE engines that lifts its 777-9 backlog to 270 despite delays. Chairman Sheikh Ahmed bin Saeed Al Maktoum hopes deliveries start in the second quarter of 2027; Boeing gave no timeline. Boeing...
Peter Thiel’s Thiel Macro LLC sold its entire Nvidia stake in the third quarter, unloading 537,742 shares worth about $100 million at Sept. 30’s close, according to a 13F filing. The move marks another retreat from the leading AI chipmaker. The fund now lists Apple and Microsoft among its main...
Two years after swearing off new clothes, Minnesota pharmacist and creator Lydia Patel relies on rental services to dress for life’s occasional events, saving money and skipping laundry. She’s part of a growing shift as apparel prices climb and tariffs bite, pushing shoppers toward subscriptions from companies like Nuuly and...
Jeep is staging a comeback after six straight U.S. sales declines, realigning prices and rolling out its biggest product push in years. CEO Bob Broderdorf says the brand is "reclaiming" its segment as the redesigned, less costly Grand Wagoneer arrives and the all electric Recon debuts this week. Early signs...
Novo Nordisk cut direct-to-consumer prices for Wegovy and Ozempic to $349 a month for cash-paying patients, while the highest Ozempic dose stays $499. A temporary offer lets new cash payers get the two lowest doses for $199 a month for the first two months, ending March 31. The moves follow...
