JPMorgan analysts have remarked that Tesla’s recent market capitalization decline, wiping out approximately 48% of its value within months, is unprecedented in automotive history. The downturn is attributed […]
Economy
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Asia-Pacific Stocks Mixed Amidst U.S. Inflation Report
Asia-Pacific markets showed mixed trading on Thursday following a subdued U.S. inflation report that helped two out of three Wall Street benchmarks recover from two days of losses. […]
Technology
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Intel Appoints Lip-Bu Tan as New CEO
Intel Corporation has appointed Lip-Bu Tan as its next chief executive officer, assigning a former board member and semiconductor industry veteran to one of the most challenging roles […]
Uncategorized
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Ineos Automotive Recalls SUVs Due to Door Latch Defect
Ineos Automotive, owned by billionaire Sir Jim Ratcliffe and co-owner of Manchester United, has recalled over 7,000 Grenadier SUVs in the US due to faulty door latches. The […]
Uncategorized
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Trump’s Tariffs on Indian Drugs Could Increase Medical Costs for Americans
Millions of Americans may face higher medical bills due to Donald Trump’s upcoming tariffs on Indian pharmaceuticals. Last week, Indian Commerce Minister Piyush Goyal visited the US unexpectedly […]
Markets
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S&P 500 Gains Driven by Tech Sector Amid Soft Inflation Data
The S&P 500 gained 0.5% following softer-than-expected Consumer Price Inflation (CPI) data in February, which indicated a decline in inflation. The Nasdaq rose 1.2%, driven by tech stocks, […]
Markets
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Powerball Winning Numbers: Jackpot Reaches $353 Million
The Powerball jackpot has reached $353 million for the draw on March 12, with a cash value option of $165.7 million. The winning numbers were 11-13-28-51-58 and the […]
Technology
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Intel appoints chip industry veteran Lip-Bu Tan as CEO
The appointment of Lip-Bu Tan as Intel’s CEO, effective March 18, follows the ousting of Pat Gelsinger, whose costly turnaround plan had weakened investor confidence. Tan, a former […]
Uncategorized
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Solar and Wind Surpass Coal in US Electricity Generation
For the first time in the US, wind and solar energy have surpassed coal in electricity production, according to a report from Ember. Coal’s share dropped to 15%, […]