The Japanese automakers in December signed a memorandum of understanding to discuss an integration under a holding company to create the world’s No.3 automaker and compete in an increasingly tough industry. However, the talks have been complicated by growing differences, and hit a wall after Honda said it wanted to turn Nissan into a subsidiary. […]

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ANTRIM TOWNSHIP, Pa. (AP) — The heist of 100,000 eggs from the back of a trailer in Pennsylvania has become a whodunit that police have yet to crack. Four days after the theft, which law enforcement says could be tied to the sky-high cost of eggs, no leads have come in, according to Trooper First […]

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The Google owner, Alphabet, has dropped its pledge not to use artificial intelligence for purposes such as developing weapons and surveillance tools. The US technology company said on Tuesday, just before it reported lower than forecast earnings, that it had updated its ethical guidelines around AI, and they no longer refer to not pursuing technologies […]

The U.S. trade deficit hit a record in 2024 as imports surged. The New York Times reported that the trade gap ballooned ahead of Trump’s term and tariff promises. Bloomberg and Newsweek also noted that the U.S. trade deficit widened significantly ahead of the implementation of Trump’s tariffs. Reuters added that the U.S. trade deficit […]

Alphabet shares are on course to lose roughly $180 billion in market value, erasing all its stock price gains for the year. The dour report also pulled down shares of cloud rival Amazon.com, which is set to report earnings on Thursday. Analysts noted that the results signify a significant shift in Google’s business, moving from […]

The United States Postal Service (USPS) has reversed its decision to halt parcel service from China. The New York Times reported that the USPS has resumed the collection of Chinese packages just hours after initially halting the service. Forbes also noted that the USPS has done a U-turn and will continue accepting packages from China. […]

President Donald Trump’s sweeping tariffs on imports from China went into effect after midnight on Tuesday—triggering retaliatory levies by Beijing that some fear could escalate into a trade war—even as the proposed tariffs against Canada and Mexico were both put on pause for 30 days. ‘MAKE YOUR PRODUCT IN THE USA AND THERE ARE NO […]

Disney will report its fiscal first-quarter earnings before the bell on Wednesday, and Wall Street will be paying close attention to the state of its streaming and theme parks businesses. Investors will also be listening for any details on the search for CEO Bob Iger’s successor. Here is what Wall Street expects Disney to report […]