China’s Contemporary Amperex Technology (CATL), the world’s largest producer of electric vehicle batteries, has introduced an advanced battery with a longer range than BYD’s latest technology. Both companies […]
Verizon Stock Declines Amid Higher-than-Expected Wireless Subscriber Loss
Verizon Communications reported first-quarter earnings that exceeded Wall Street expectations, yet its stock fell due to higher-than-expected losses in postpaid phone subscribers. For the quarter ending March 31, […]
Tesla’s Earnings Report to Reveal Impact of Anti-Musk Sentiment
Protests against Tesla CEO Elon Musk, linked to his involvement in the Trump administration, have coincided with a decline in sales and stock performance for the electric carmaker. […]
Secondhand Stores May Benefit from Rising Clothing Costs Due to Tariffs
Secondhand clothing stores may see increased business as tariffs drive up the cost of new clothing. Industry experts predict that tariffs could lead to a 65% increase in […]
Car Ownership Costs Set to Rise Due to Tariffs
The cost of owning a car is expected to increase due to tariffs imposed on auto parts. A 25% tariff on certain auto parts is set to take […]
Prospect Medical Holdings to Close Two Crozer Hospitals in Delaware County
Prospect Medical Holdings, the owner of Crozer Health, will initiate the closure of two hospitals in Delaware County: Crozer-Chester Medical Center and Taylor Hospital. The ambulatory surgery and […]
Swiss Pharmaceuticals Giant Roche to Invest $50B in the U.S.
Swiss pharmaceutical giant Roche announced a $50 billion investment in the U.S. over the next five years, creating 12,000 jobs. The investment will focus on high-tech research and […]
US Prepares to Impose High Tariffs on Southeast Asian Solar Panels
U.S. trade officials are set to impose tariffs as high as 3,521% on solar panel imports from four Southeast Asian countries. This decision follows an investigation initiated last […]
Central Banks Navigate Dollar Decline Amid Currency Challenges
As the U.S. dollar weakens, central banks worldwide face decisions on whether to devalue their currencies. The dollar’s decline has led to mixed outcomes for other currencies, offering […]
FTC Sues Uber Over Unauthorized Subscription Charges
The Federal Trade Commission (FTC) has filed a lawsuit against Uber, alleging that the company charged customers for its Uber One subscription service without their consent. The FTC […]