BEIJING, Feb 25 (Reuters) – China’s foreign ministry stated on Tuesday that the U.S. plan to pressure other countries into targeting China’s semiconductor industry will ultimately fail. Lin […]
Markets
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Bitcoin reels below $90,000 as Bybit hack adds to crypto blues
LONDON, Feb 25 (Reuters) – Bitcoin experienced its largest one-day drop since August on Tuesday, driven by concerns over U.S. tariffs and Nvidia’s results. The situation worsened after […]
Technology
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Tesla Advances Toward Self-Driving Capabilities in China
Tesla has achieved a significant milestone in its efforts to introduce self-driving technology in China. The company announced on Tuesday that some drivers in China will now be […]
Banks
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Jamie Dimon Reflects on Work-from-Home Stance Amid Bank Job Cuts Due to AI
Jamie Dimon, CEO of JPMorgan, has reconsidered his earlier comments about remote work after a controversial town hall discussion was recorded. Initially expressing frustration with remote work and […]
Uncategorized
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Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All Stores
Joann, the 80-year-old fabrics and crafts retailer, announced it will close all its stores following financial difficulties and a second Chapter 11 bankruptcy filing within a year. The […]
Technology
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Apple shareholders are expected to consider scrapping diversity programs amid backlash
Apple shareholders are anticipated to reject a proposal on Tuesday aimed at pressuring the company to eliminate its corporate diversity programs. The proposal, drafted by the National Center […]
Economy
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US consumer confidence plummets in February, biggest monthly decline since 2021
WASHINGTON — U.S. consumer confidence experienced a sharp decline in February, marking the largest monthly drop in over four years, according to a report by a business research […]
Markets
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Super Micro Computer Approaches Filing Deadline Tuesday to Avoid Delisting
Super Micro Computer (SMCI) faces its next obstacle on Tuesday, with the server maker facing the Nasdaq’s filing deadline to avoid being delisted from the exchange. The company […]
Economy
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The Billionaires Benefitting From H-1B Visas
A handful of immigrant billionaires got their start in the U.S. with the help of a visa designed to lure highly skilled talent. Now, some of the nation’s […]
Markets
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Krispy Kreme Stock Hits Record Low Amid Earnings Disappointment
Krispy Kreme’s stock is heading towards a record low as its earnings outlook points to further disappointment. The company missed its Q4 revenue estimates, leading to a significant […]