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EU to Impose Up to 38% Tariffs on Chinese Electric Vehicles

EU will impose tariffs on Chinese EVs, following the footsteps of the US, but EU automakers fear retaliatory measures that will impact stocks.


Adobe Investors Are 'Anxious' Over the Company's Response to Generative AI Competition

Adobe investors are anxious about rising competition from generative AI, with upcoming financial results expected to show how the company manages the challenge.

Apple Tops Global Brand Rankings as the First Ever to Reach $1 Trillion

Apple becomes the first brand to surpass $1 trillion in value, marking a 15% increase, retaining its top position in Kantar's BrandZ global ranking.

Paramount, Skydance Merger Negotiations Abandoned Due to Shareholder Dispute

Paramount's merger talks with Skydance were abruptly ended by the controlling shareholder, National Amusements, just before the deal was finalized, citing unresolved "noneconomic terms" despite agreeing on financial aspects.


Latest News

apple pay
Apple partners with Affirm for "buy now, pay later" loans. The Apple Pay logo is displayed in a mobile kiosk sponsored by Visa and Wells Fargo to demonstrate the new Apple Pay mobile payment system on October 20, 2014 in San Francisco City.
Taiwanese Tech Giant MediaTek Working on Arm-Based Chip for Microsoft PCs, Source Reveals
MediaTek, a leading chip design company from Taiwan, is reportedly working on an Arm-based chip for personal computers running Microsoft's Windows operating system.
EU Plans to Sanction Russia's Sovcomflot PJSC to Curb Kremlin's War Financing
The European Union is considering sanctions against Russia's Sovcomflot PJSC, a major oil-shipping company, aiming to curtail the Kremlin's financial support for its military actions in Ukraine.
GameStop Raises More Than $2 Billion After 'Roaring Kitty' Stock Rally
GameStop has announced that it raised about $2.14 billion in its second share offering in a month. GameStop announced on Tuesday, June 11, that it raised about $2.
Waffle House Announces New Compensation Plan, Servers Could See Pay Raises
Waffle House is implementing a new compensation plan that includes pay raises for servers over the next three years.
gm
GM is lowering its estimated sales and manufacture of EVs this year as adoption in the US slows. A General Motors logo is shown at the General Motors Technical Center.
Chiquita Brands Ordered to Pay $38.3 Million for Funding Paramilitary Group in Colombia
Chiquita Brands has been ordered by a federal jury in Florida to pay $38.3 million to 16 family members of victims killed by a paramilitary group it funded during Colombia's civil war.
Two Texas Men Get More Than 3 Years in Prison for Conspiracy to Sell Iranian Oil to China
Two Texas men were sentenced to 45 months in prison for trying to sell Iranian oil to a refinery in China in violation of US sanctions.
Surge of Chinese EVs in Australia Sparks Dumping Concerns, Up to 50 Brands Expected by 2030
The influx of Chinese electric vehicles into the Australian car market, potentially reaching up to 50 brands by 2030.
US Is Pursuing Nearly $200,000 USDT From Binance That Was Part of $1 Million Pig-Butchering Scam
The US government has filed a forfeiture complaint to reclaim nearly $200,000 of tether (USDT) from Binance, which was linked to pig-butchering scams that stole over $1 million.