Browsing: Business

The United States has officially reduced tariffs on Japanese automobile and auto parts imports to 15 percent, a significant drop from the previous 27.5 percent rate. The revised tariff took effect at 12:01 a.m. Eastern Daylight Time on Tuesday, September

Paramount Global, in partnership with Skydance Media, is preparing a formal bid to acquire Warner Bros. Discovery in a move that could result in one of the most significant mergers in the media and entertainment sector in recent years. The

China’s antitrust regulator has determined that Nvidia Corporation violated the terms of a 2020 merger deal with Israeli networking firm Mellanox Technologies, escalating regulatory scrutiny on U.S. technology firms and adding new strain to ongoing U.S.-China trade discussions. The State

U.S. President Donald Trump has reiterated his call to eliminate quarterly earnings reporting requirements for publicly traded companies, advocating for a shift to semiannual financial disclosures. The statement was made Monday via a post on his social media platform, Truth

Tesla shares climbed sharply on Monday after Chief Executive Elon Musk disclosed a rare open-market purchase of nearly $1 billion worth of company stock. The transaction, filed with the U.S. Securities and Exchange Commission (SEC), showed Musk bought approximately 2.57

China’s economic slowdown intensified in August, with multiple key indicators falling short of expectations, underscoring persistent challenges across consumption, industry, investment and the property market. Data released Monday by the National Bureau of Statistics showed retail sales rose 3.4 percent

Ohio and Kentucky have been ranked among the ten worst-performing state economies in the United States, according to a newly released study by personal finance website WalletHub. The report analyzed economic data across all 50 states and the District of

AstraZeneca has paused a planned £200 million expansion of its research and development facility in Cambridge, England, marking the second major UK investment halt by the British-Swedish pharmaceutical company in 2025. The decision was confirmed by a company spokesperson on

OpenAI has signed a new agreement with Microsoft that will change its corporate structure while reaffirming one of the most closely watched partnerships in the artificial intelligence sector. The two companies announced on September 11 that they have entered into

Wall Street’s major indexes closed at record highs on Thursday, lifted by gains in Tesla and Micron Technology, as investor confidence was buoyed by fresh economic data pointing to easing inflationary pressures and a cooling labor market. The Dow Jones