World and Business

Apple has announced plans to invest a substantial $1 billion in a new manufacturing plant in Indonesia, aiming to meet the country’s increased local component requirements for smartphone production. This move marks a significant step in the tech giant’s strategy to expand its footprint in Southeast Asia, despite the company not having any existing manufacturing […]

Global markets showed positive momentum on Thursday, driven by another record rally on Wall Street. Meanwhile, Bitcoin soared past $100,000 following news that President-elect Donald Trump nominated crypto advocate Paul Atkins as the new head of the Securities and Exchange Commission (SEC). This mix of strong equity performance and the dramatic rise of cryptocurrencies marked

General Motors Co. (GM) is facing significant financial headwinds in China, as the automaker announced plans to incur over $5 billion in noncash charges related to its joint-venture business in the country. The charges stem from a reduction in the value of its investment in the SAIC General Motors Corp. Ltd. (SGM) joint venture and

In a shocking and brazen incident, Brian Thompson, CEO of UnitedHealthcare, was fatally shot on Wednesday morning outside a midtown Manhattan hotel. Authorities have described the attack as “targeted and premeditated,” sparking widespread concern and disbelief across corporate America and beyond. The Incident Thompson, 50, was entering the hotel where UnitedHealth Group, the parent company

The S&P 500 is closing out 2024 with a remarkable 27% gain, putting the index on track for one of its best years in recent memory. Fueled by excitement around artificial intelligence and interest rate cuts, it has surpassed more than four dozen record highs this year. Yet as investors celebrate, Warren Buffett, one of

Dogecoin, the once-joke cryptocurrency, has taken the financial world by storm in 2024 with an astonishing 350% surge, far outpacing Bitcoin’s impressive 100% gain. As the total cryptocurrency market capitalization hits a record $3.5 trillion, Dogecoin’s momentum has reignited debates about its future and whether it could become a better investment than Bitcoin by 2025.

General Motors (GM) is broadening its recall efforts to address safety issues affecting its popular heavy-duty pickup trucks. Following a February recall of 323,000 vehicles, GM has added over 132,000 2024 Chevrolet Silverado and GMC Sierra 2500 and 3500 models to the list. This expansion brings the total number of affected vehicles to approximately 455,000.

Mara Holdings (NASDAQ: MARA) experienced a sharp 6.53% decline on Monday, closing at $25.63 per share. The drop comes as the company doubles down on its commitment to Bitcoin mining and purchasing, a move that has left many investors wary. While Bitcoin’s recent volatility and a fresh capital-raising initiative may promise long-term potential, they also