Elon Musk’s X Faces EU Probe Over Alleged Information Manipulation Â
European Union authorities have launched a bombshell investigation into Elon Musk’s online platform X, making headlines as the first tech
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Defense Boom 2024: Why War Tensions are Skyrocketing Profits for U.S. Giants
In a high-stakes response to escalating global tensions, U.S. defense giants are gearing up for a windfall in 2024. Fueled
Japanese Nippon Steel to Acquire U.S. Steel in a $14.9B Deal
Japan’s Nippon Steel Corporation (NSC) announced the acquisition of the United States Steel Corporation (U.S. Steel) for $14.9 billion. The
U.S. Manufacturing Output Shows Resilience in November Despite Challenges
U.S. manufacturing output demonstrated a notable increase of 0.3% in November, according to a report released by the Federal Reserve.
Canadian Housing Starts Experience Significant Decline Amid Economic Challenges
Canadian housing starts witnessed a substantial 22% decline in November, falling to 212,624 units from a revised 272,264 units in
US SEC Rejects Coinbase’s Call for Bespoke Crypto Regulations
The U.S. Securities and Exchange Commission (SEC) denied a petition from Coinbase Global requesting the creation of new rules for
Traders Adjust Expectations as ECB Keeps Rate Unchanged
Responding to the European Central Bank’s (ECB) decision to keep interest rates unchanged, financial markets have adjusted their expectations for
EU Court Rejects Brussels’ Appeal in Amazon Tax Case
Top European Union court dealt a decisive blow to the European Commission’s attempt to compel Luxembourg to recover 250 million
Tesla Unveils Second-Generation Optimus Humanoid Robots
Tesla has unveiled the second generation of its humanoid robot, Optimus Gen 2, showcasing remarkable improvements over its predecessor. The
Some Tesla Model 3 Variants to Lose $7,500 Tax Credit Under New IRA Guidance
Tesla has informed customers that select variants of the Tesla Model 3 will no longer qualify for the $7,500 tax
Reliance Industries and Walt Disney Set to Merge Indian Media Operations
Reliance Industries Limited and Walt Disney Co. will likely finalize a deal to merge their Indian media operations, according to
Pfizer Receives Approval for $43 Billion Seagen Deal Following Donation
Pfizer Inc. said it secured regulatory approval for its $43 billion acquisition of cancer drugmaker Seagen. The approval comes after
Occidental Petroleum to Acquire CrownRock’s Permian Basin Assets for $12 Billion
Warren Buffett’s Berkshire Hathaway-backed Occidental Petroleum intends to acquire CrownRock, a privately-held oil and gas producer operating in the Permian
Investor Group Makes $5.8 Billion Acquisition Bid for Macy’s
Real-estate investment firm Arkhouse Management and asset manager Brigade Capital Management bid $5.8 billion bid to acquire retailer Macy’s. The
US Federal Judge to Hear Meta Privacy Dispute with FTC in Late January
A judge overseeing a lawsuit brought by Meta Platforms to stop the U.S. Federal Trade Commission (FTC) from unilaterally reopening
UK’s Competition Watchdog Initiates Probe into Microsoft, OpenAI Partnership
The UK’s Competition and Markets Authority (CMA) will investigate the high-value partnership between Microsoft and OpenAI, raising questions about whether
Spain’s Nadia Calviño Named President of European Investment Bank
Spain’s Finance Minister, Nadia Calviño, has been named as the President of the European Investment Bank (EIB), after months of
U.S. New Jobs Hike in November, Unemployment Rate Falls
The U.S. Jobs Data for November showed signs of encouragement, with 199,000 new job creations during the month. The jobless