Elon Musk dropped Tesla FSD's price to $99 per month after the EV maker offered free one-month trial.
Sectors
JPMorgan Asked By Carlyle Group to Help in the Initial Public Offering of its Company in India
JPMorgan and Kotak Mahindra Bank are enlisted by Carlyle Group to assist in Hexaware Technologies Ltd.'s upcoming IPO in Mumbai, aiming for a $1 billion raise, potentially valuing the Indian firm at $6 billion.
Cryptocurrencies Tumble as Iran Launches Drone Attack on Israel; Bitcoin, Crypto Price Could Hit $500 Billion Crash
Bitcoin experienced a significant drop in value following reports of Iran's alleged retaliatory attack involving numerous drones on Israel.
US Biotech Executive Gets 7 Years in Prison for COVID-19 Finger-Prick Blood Test Fraud
The Justice Department said a chief executive of a US biotechnology company was sentenced to seven years in jail on Friday for COVID-19 test fraud.
US Steel Shareholders Approve Sale of the Iconic American Firm to Japan's Nippon Steel Despite Joe Biden's Opposition
US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
Latest News
Former President Donald Trump is asking his followers to support his social media platform, Truth Social, as the stock price of its parent company, Trump Media & Technology Group, continues to fall further.
US intelligence has revealed a significant surge in China's equipment sales to Russia amid its ongoing war with Ukraine.
Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics. Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics, as the renowned sportswear brand aims to rejuvenate sales and contend with emerging competitors, according to a report by Reuters.
Nike CEO John Donahoe blames the recent decline in innovation to the challenges posed by remote work and acknowledges that there has been an excessive focus on direct sales, which may have hindered progress.
Sales of Western-style boots saw a significant increase of over 20% in the week following the release of Beyoncé's 'Cowboy Carter' last month.
Nike's CEO acknowledges the overemphasis on online stores and vows a return to wholesale partnerships. The shift aims at market expansion amidst profit concerns and competition.
Analysts explained that Elon Musk does not need the Tesla robotaxi. What does the billionaire need to solve his EV problems?
NHTSA is investigating the Ford Bronco and Escape recalls due to a fuel leak risk from cracked injectors. Safety concerns persist despite remedies offered; no injuries were reported.
Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.
