Berkshire Hathaway has raised its stake in Japan’s Mitsubishi Corp and Mitsui & Co, the companies said on Thursday.… MORE
Category Archives: Top News
Dick’s Sporting Goods raises guidance after second-quarter earnings beat
Dick’s Sporting Goods beat Wall Street’s expectations on the top and bottom lines, leading it to raise its full year profit and sales guidance.… MORE
AI adoption linked to 13% decline in jobs for young U.S. workers, Stanford study reveals
A Standford study has found evidence that the widespread adoption of generative AI is impacting the job prospects of early career workers.… MORE
The U.S.’ deep-sea mining plans could hurt global rules-based order and benefit China, policy experts warn
A decision by the U.S. to license firms to mine the international seabed would do “needless damage to U.S. interests in stable maritime rules,” an analyst said.… MORE
Amtrak is launching its faster NextGen Acela with better amenities after years of delays. Here’s what you need to know
Amtrak is introducing five of its 28 planned new NextGen Acela trains on Thursday, signaling the next step of America’s attempt at high-speed rail.… MORE
Nvidia beats on top and bottom lines. Here’s why the stock is falling
Nvidia said sales growth this quarter will remain above 50%, signaling to Wall Street that demand for AI infrastructure shows no sign of fading.… MORE
Tesla sales plunge 40% in Europe as Chinese EV rival BYD’s triple
Tesla faces a number of challenges in Europe including continued intense competition and brand damage from Elon Musk’s political involvement.… MORE
Europe markets open higher; Energy firm Drax down 11% on probe into past statements
European markets are heading for a higher open Thursday following a choppy session.… MORE
France’s latest budget crisis poses risk to defense investment pledges
As a parliamentary clash over reducing France’s deficit threatens to topple its government, analysts say defense spending may fall by the wayside.… MORE
Japan’s top trade negotiator cancels trip to U.S. over trade deal issues
Japan’s top trade negotiator Ryosei Akazawa canceled a trip to the United States on Thursday over issues related to the U.S.-Japan trade deal.… MORE