World and Business

Super Micro Computer, a leading company in artificial intelligence (AI) server technology, is facing a major crisis of confidence as a series of serious allegations have cast a dark shadow over its business. The company’s stock, once a “shining star” in the AI sector, is now in a downward spiral, leaving investors anxious and distrustful. […]

Toyota Motor sounded an alarm on Friday that the electric vehicle (EV) regulations led by California, set to take effect next year, are “impossible to meet” and, if unchanged, will lead to fewer vehicle options for consumers in multiple states. According to the California Air Resources Board’s (CARB) “Advanced Clean Cars II” regulation, 35% of

The UK is facing a serious risk of export losses that could reach £22 billion if Donald Trump is re-elected and follows through on his campaign promise to impose a 20% tariff on all imports to the US, according to a new analysis from the University of Sussex’s Centre for Inclusive Trade Policy (CITP). This

Recently, the 11th U.S. Circuit Court of Appeals in Atlanta ruled that Project Veritas has sufficient grounds to pursue a defamation lawsuit against CNN under New York law. This lawsuit stems from allegations that Ana Cabrera, a CNN host, inaccurately claimed on-air that Project Veritas was banned from Twitter for “promoting disinformation.” Project Veritas and

In a single trading session, BlackRock’s iShares Bitcoin Trust (IBIT) recorded a record-breaking $1.1 billion in inflows, marking the largest one-day inflow among U.S. spot Bitcoin ETFs. Total inflows across all Bitcoin ETFs for the day reached $1.37 billion, with BlackRock’s fund leading the way with $1.12 billion, while Fidelity’s Wise Origin Bitcoin Fund (FBTC)

Japanese automotive giant Nissan has announced plans to lay off thousands of employees as part of a global restructuring effort aimed at reducing costs and tackling declining sales in key markets like China and the U.S. Nissan plans to cut around 9,000 jobs worldwide and reduce its global production by 20% in a strong push

As U.S. retailers and consumers start to feel some relief from inflation, President-elect Donald Trump’s proposed tariffs have sparked new worries about price volatility during his upcoming term. Trump, who won a decisive victory in the election, stated in his campaign that he would impose tariffs ranging from 10% to 20% on all imports, with

Automaker Stellantis announced on Wednesday plans to cut a production shift and lay off approximately 1,100 workers indefinitely at its Jeep plant in Ohio. This decision is part of the company’s effort to address high inventory levels and declining profits this year. The Toledo South Assembly Plant will now operate with only one shift, focusing