Tesla CEO Elon Musk has received a proposal from the government of Indonesia to put up an EV battery plant in the country.
Archives
US Report Says BMW, Jaguar, and Volkswagen Used Illegal Chinese Parts With Links to Child Labor
BMW, Jaguar Land Rover, and Volkswagen face scrutiny for using Chinese parts linked to Uyghur forced labor, prompting Senate calls for stricter Customs enforcement under UFLPA.
SF Fed Denies Biden Admin's Corporate Greedflation Theory, Claiming It's Not Main Driver of Inflation
SF Fed denied the corporate greedflation that the Biden Administration and Americans believe. Here's what the federal bank explained.
Dubai Airports Recover From Deadly Flood as Passengers Hit 91 Million in 2024
Dubai Airports expects a record surge in passenger traffic this year, projecting over 100 million travelers by 2027, with 91 million anticipated by the end of 2024, despite recent disruptions from severe flooding.
Disney's Pixar Slashes 175 Jobs as Focus Shifts Back to Films
Pixar Animation Studios initiated layoffs affecting 14% of its workforce, approximately 175 employees, as part of a strategic shift away from original streaming series development following a period of expansion for Disney+.
Latest News
Grocery price inflation in the UK has slowed to its lowest level since October 2021 and is gradually returning to "more normal levels," according to industry data.
Peloton Interactive Inc. will reportedly undertake a "global refinancing" to resolve its debt and recover from a recent sales dip.
Donald Trump Raises More Money Than Joe Biden for First Time After Ramping up Big-Dollar Fundraisers
Former President Donald Trump raised more money in April than President Joe Biden for the first time in this election period.
Apple analyst Ming-chi Kuo speculated that the iPhone 16 would come in two new colors that would replace two colors Apple is planning to discontinue.
Vietnam reportedly requested that Foxconn, an Apple supplier, reduce power consumption by 30% at its assembly plants in the northern region to prevent a recurrence of the electricity outages experienced last year.
Elon Musk has compared the functionality of a new feature of Microsoft Windows PCs to an episode of "Black Mirror."
Florida's officials report that rising commercial property insurance prices have caused hundreds of nursing homes to close in the last five years.
South Korea’s media regulator has banned the North Korean pop song ‘Friendly Father,’ claiming that it, and the accompanying music video, was "linked to psychological warfare" against the government in Seoul.
Telstra announced that it will cut 2,800 jobs by the end of 2024, especially products and services in its enterprise business.
