Business
Lucid set to start manufacturing cars in Saudi Arabia in 2026
The company has also struggled more broadly with profitability and production challenges Lucid Group is on track with plans to start…
Swedan Margen
I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.
Business
RHB initiates ‘buy’ on Coliwoo amid rising expat, foreign student demand
The bank assigns it a target price of S$0.82, a 41% upside from its latest closing price of S$0.58 on Wednesday RHB has initiated coverage…
Business
HSBC, Prudential in US$220 million funding for Hong Kong’s WeLab
The fintech has over 70 million individual users and more than 700 enterprise customers Hong Kong-based fintech firm WeLab has secured…
News
Trump backs Venezuela staying in Opec
President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum…
Business
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as…
Fashion
Iran temporarily closes airspace to most flights, forcing airlines to reroute
Iran closed its airspace temporarily to most flights late on Wednesday, forcing airlines to cancel, reroute or delay some flights, amid…
News
Trump to shut down Afghan evacuee camp
President Trump has informed Congress he will shut down the migrant camp in Qatar where the U.S. holds Afghan evacuees before they are…
News
Youngkin declares Virginia 'stronger than ever' in final State of the Commonwealth address
Gov. Glenn Youngkin delivered his final State of the Commonwealth address on Wednesday, closing out a four-year run that steered Virginia…
Business
KKR Asia credit fund draws 75% new investors as decoupling rises
The optimism around Asian private credit runs counter to a broader global pullback KKR raised three-quarters of its US$2.5 billion Asia…
News
A Historic Opportunity for Regime Change in Iran
We can do a lot to further hollow out the regime’s capacity to project power, but only the Iranian people can push it over. Source link
Business
China brokers rebuild ranks, raise pay on dealmaking return
CHINA’S biggest securities firms are back on the offensive after taking a battering over the past few years. Investment banking divisions…
News
Senate Republicans flip votes to quash Venezuela war powers resolution
Senate Republicans on Thursday flipped just enough votes to kill Democrats' war powers resolution that sought to block President Trump…
Business
Meta begins job cuts as it shifts from metaverse to AI devices
Reality Labs houses the company’s hardware and other futuristic product efforts Meta Platforms is beginning to cut more than 1,000 jobs…
News
How Many Stephen Spencer Pittmans Are Out There?
As the arson attack on a Mississippi synagogue shows, there are increasingly high hurdles to stopping hate. Source link
Culture
In Two Films About Palestinian Struggle, Time Is of the Essence
Dabis’s diagrammatically structured screenplay is built on clear historical parallels and tidy intergenerational contrasts. A young boy…
News
How Minnesota became the center of the Somali community and fraud allegations
Somali immigrants have flocked to Minnesota over the past two decades because of the state's liberal social policies and plentiful jobs…
Business
TSMC likely to post fourth-quarter profit leap driven by AI boom
TSMC, the world’s largest manufacturer of advanced artificial intelligence chips, is expected to post a 28 per cent jump in fourth-quarter…
Business
Renaming the Department of Defense the 'Department of War' could cost up to $125 million
Renaming the Department of Defense the Department of War could cost U.S. taxpayers as much as $125 million depending on how broadly and…
News
The Restoration of Federal Funding for Planned Parenthood Is Yet Another Bad Sign for Pro-Lifers
Is the administration’s decision a temporary setback, or another pro-life retreat? Source link
News
California's new Democrat-dominated congressional map survives court challenge
A federal court ruled in favor of California's new congressional map Wednesday, saying the fact that the lines were approved by voters as…
News
ACLU drops lawsuit after HHS restored some funding to Planned Parenthood
The American Civil Liberties Union has dropped its lawsuit against the Trump administration after the Department of Health and Human…
News
Maryland Democratic Gov. Wes Moore pushes the case for redrawing the state's congressional map
Maryland Gov. Wes Moore said Wednesday he wants to move forward with redrawing the state's congressional map and have the…
Culture
Reading for the New Year: Part Three
To start the New Year, New Yorker writers have been looking back on the last one, sifting through the vast number of books they…
Business
House passes spending bill for foreign aid and financial services
The House on Wednesday passed a two-bill, $77 billion spending package funding foreign aid and financial services agencies. Source link