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Nissan’s Crisis Deepens with 20,000 Job Cuts After Merger Talks

Nissan's Crisis Deepens with 20,000 Job Cuts After Merger Talks Fail

Nissan to cut 20,000 jobs and close 7 plants after merger talks with Honda collapse.


Tesla's Self-Driving Taxis Face Federal Questions Before Hitting Austin Streets

Tesla's self-driving taxis face federal review over safety concerns ahead of their upcoming launch in Austin, Texas.

Tesla Special Committee To Review Elon Musk's Compensation Package Amid $56B Pay Deal Appeal

The special committee will also explore other ways to reward Musk for his past contributions, in case his 2018 compensation deal isn't reinstated through a court appeal.

Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades

On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.


Latest News

Microsoft Slashes Jobs Across Teams, Aims to Streamline Management
Microsoft cuts 6,000 jobs, focusing on reducing management layers to streamline operations.
Dubai
The signing ceremony took place during the Dubai FinTech Summit at the Dubai International Financial Centre, marking a key development in Dubai's digital finance sector.
Pension fund
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Contaminated Ready Meals From California Plant Hospitalize 10 With Listeria
A listeria outbreak linked to contaminated ready meals from Fresh & Ready Foods has hospitalized 10 people across California and Nevada.
Amazon Signs Deal With FedEx to Boost Home Delivery Services
Amazon partners with FedEx to handle large package deliveries, following UPS service cuts and job layoffs.
$TRUMP Meme Coin Craze Heats Up as Buyers Shell Out
Investors spent $148 million on Trump's $TRUMP meme coin for a chance to attend an exclusive dinner with the former president.
Passengers Fume as Newark Airport Delays Drag On, Flights Slashed
Newark Airport faces ongoing delays and flight cuts due to air traffic control shortages and radar outages, frustrating passengers.
McDonald’s Teams Up With Trump Administration to Add 375,000 Jobs
McDonald's partners with the Trump administration to hire 375,000 workers this summer, marking its biggest employment push in years.
Venezuela
Traders are reportedly rebranding Venezuelan oil as Brazilian to circumvent U.S. sanctions. They have done so with over $1 billion worth of exports, according to Reuters
President Trump at Oval Office
Investors have been on a rollercoaster ride since Donald Trump unveiled eye-watering tolls on trading partners on April 2, with the heftiest saved for Beijing, raising concerns of a trade war between the economic superpowers.
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