Sectors
Tesla Stock Drops to An All-Time Low Of -29% in 2024 First Quarter Due to Increasing Chinese Competitors
Tesla's stock took a significant 29% dive in the first quarter of 2024, marking one of its toughest periods since 2022 amidst rising competition from Chinese rivals and disruptions in European markets.
Chinese Telecom Giant Huawei Sees 9.6% Increase in Profits Despite U.S. Sanctions
Huawei Technologies saw its profits surge by 9.6% in 2023, more than doubling its earnings, with its net profit reaching 87 billion yuan ($12 billion) due to strong sales and growth in cloud and digital sectors despite facing challenges from U.S. sanctions.
'Deadly' Japanese Dietary Supplements Left 5 Dead and 100+ Hospitalized; President Akihiro Kobayashi Apologizes
Kobayashi Pharmaceutical Co. President Akihiro Kobayashi apologized to victims of their supplements, with the death toll now at 5 with 100+ more hospitalized.
Home Depot Makes $18.25 Billion Acquisition of SRS in Pro Sales Expansion
Home Depot announced its acquisition of SRS Distribution in a significant $18.25 billion deal. AUSTIN, TEXAS - FEBRUARY 20: The Home Depot store is seen on February 20, 2024 in Austin, Texas.