Business
Tesla Stocks Plummet as Trump-Musk Breakup Finally Begins
President Trump told reporters he was “disappointed” in Elon Musk, and Tesla’s stock took a nosedive minutes later. This comes as the…
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Business
Business
Tesla shares plummet as Trump-Musk feud over budget bill escalates
Cracks in the relationship between President Donald Trump and Tesla CEO Elon Musk, his self-proclaimed “first buddy,” are scaring Tesla…
Business
Big Tech’s indirect emissions jumped 150% in 3 years amid AI boom, U.N. report says
Indirect carbon emissions from the operations of four of the leading AI-focused tech companies—Amazon, Microsoft, Alphabet, and Meta—rose…
Business
Jason Constantine, Co-President of Lionsgate Motion Picture Group, Dies at 55
Jason Constantine, co-president of the Lionsgate Motion Picture Group, has died after a battle with cancer. He was 55. “With his fearless…
Business
Oil Prices Hold Steady as U.S. Fuel Stocks Rise and Saudi Arabia Cuts Crude Rates
After a turbulent opening to the week, oil markets had a bit of a breather on Thursday. Investors, who are still processing a jumble of…
Business
Annie Shi Opens Lei, a Wine Bar, on Doyers Street
“ I think we made the most of the space,” says Annie Shi, glancing around Lei, her 700-square-foot wine bar in New York’s Chinatown. “It’s…
Business
Europe’s $3.1B satellite merger won’t rival Musk’s Starlink
Two satellite heavyweights are about to form a European rival to Starlink. But they’ll face an uphill battle to compete with Elon Musk’s…
Business
US: Wall Street opens higher as investors focus on trade, key jobs data
stock indexes opened higher on Thursday (Jun 5) after signs of tariff negotiations between the US and China, while investors looked ahead…
Business
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines Great Eastern is considering options…
Business
The Download: funding a CRISPR embryo startup, and bad news for clean cement
I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 Reddit is suing Anthropic…
Business
Alphabet to keep hiring engineers while AI advances
Alphabet’s chief executive officer Sundar Pichai said his company will keep expanding its engineering ranks at least into 2026, stressing…
Business
Jacob Bethell and Ollie Pope: Luke Wright gives no assurances on England number three
Bethell could pressure opener Zak Crawley or frontline spinner Shoaib Bashir for a place in the XI but realistically it is a choice…
Business
StanChart brings maximum interest rate on savings account to record 8.05%
While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an…
Business
Apple gives Tata India iPhone repair business as partnership expands: sources
Apple has brought in Tata Group to handle repairs for iPhones and MacBook devices in its fast-growing Indian market, signalling the Indian…
Business
Rowing Blazers, Tracksmith Team Up on Sports-inspired Capsule
Rowing Blazers may have parted ways with its founder earlier this year but the preppy-inspired brand is not slowing down its pace of…
Business
Over $1 billion in federal funding got slashed for this polluting industry
The startup’s approach is to make cement using electricity. The conventional process requires high temperatures typically achieved by…
Business
Singapore shares rise on US rate-cut hopes, softer T-bill yields; STI up 0.4%
UOB economist, reacting to the sluggish retail sales print, expects retail sales to stay tepid this year Local shares rose on Thursday…
Business
Malaysia’s Petronas to cut more than 5,000 jobs after profits slump
The state-owned oil firm will also freeze promotions and hiring until December 2026 — The company will reduce headcount by more than 5,000…
Business
Crypto billionaire Brian Armstrong is ready to invest in CRISPR baby tech
“I think the time is right for the defining company in the US to be built in this area,” Armstrong posted. The announcement from a…
Business
CVS is giving its healthcare products a glow-up to lure you away from brand names
The look of the health and wellness products at CVS is about to get a little less prescriptive. The pharmacy chain, which reported $94.59…
Business
Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
Procter & Gamble said on Thursday (Jun 5) it would cut 7,000 jobs, or about 6 per cent, of its total workforce over the next two years, as…
Business
Acrophyte Hospitality Trust proposes disposal of Michigan hotel for US$6.7 million
Acrophyte Hospitality Trust has proposed the disposal of a hotel in the US city of Auburn Hills in Michigan for a consideration of around…
Business
China warns BYD, rivals to self-regulate as price war heats up
Chinese officials summoned the heads of major electric vehicle makers, including BYD, to Beijing earlier this week to address concerns…
Business
Leading German Producers Michael Polle, Mischa Hofmann Set Up Production Company
Two of Germany’s leading producers, Michael Polle, whose credits include European Film Award winner “Babylon Berlin,” and Mischa Hofmann,…