Nissan faces potential collapse following Honda's failed merger, reporting a $4.5 billion loss amid US tariffs threatening $3.1 billion annually. The CEO warns of difficult decisions ahead.
Jim Manzon Dec 18, 2025
Tricolor CEO Daniel Chu received $6.25 million before his subprime lender's collapse, which left over 1,000 workers unemployed and lenders owed $900 million amid fraud allegations.
Will Lorca Dec 18, 2025
Surging investment in humanoid robotics is raising fears of an AI bubble, as venture capitalists warn that hype, high costs, and weak revenue models could trigger a painful market correction.
Tanmay Puri Dec 18, 2025
Warner Bros rejects Paramount's £81bn bid, calling it 'illusory,' as it backs Netflix merger for streaming dominance.
David Unyime Nkanta Dec 17, 2025
AI-powered shopping agents are set to manage your transactions by 2026, but with 80% of consumers targeted by scams last year, trust in digital commerce faces its biggest test yet.
Jim Manzon Dec 17, 2025
Nike's Q2 revenue is forecast at $12.2 billion, down 1%, with China sales seen falling 9% to $1.6 billion as rivals On and Hoka test Elliott Hill's turnaround push.
Will Lorca Dec 17, 2025
Meta cuts metaverse budget by 30% after losing over $70B since 2021. With AI spending set to surge in 2026, should investors brace for another costly gamble?
Jim Manzon Dec 17, 2025
US unemployment is higher and more workers are on shorter hours as holiday spending shifts online, while luxury brands face falling sales and a slow recovery.
Will Lorca Dec 17, 2025
Unemployment reached 4.6%, a four-year high, amid 271,000 federal job losses and 909,000 trapped in part-time work. Black workers hit hardest at 8.3%.
Will Lorca Dec 17, 2025
Luckin Coffee is considering the purchase of Blue Bottle Coffee in a strategic move to better compete with big players in the field.
Louise Bonquin Dec 17, 2025
Over 3,000 cases of salad dressings were recalled, as confirmed by the FDA. Here's what you should do in case you purchased one of them.
Giuliano de Leon Dec 16, 2025
Jamie Dimon once mocked crypto as a fraud. Now JPMorgan is launching a blockchain based fund backed by Ethereum and $100 million.
Crisnel Longino Dec 16, 2025
UK–South Korea trade deal averts tariffs on £2 billion of exports, projects £400 million more in services, and opens £86.2 million in Korean public contracts for UK firms.
Will Lorca Dec 16, 2025
Crucial US employment data due today will reveal whether workers can expect meaningful pay rises in 2026 as the Federal Reserve takes a cautious, wait-and-see stance.
Jim Manzon Dec 16, 2025
Rising tariffs significantly increased iRobot's costs and pressured profit margins, contributing to the Roomba maker's Chapter 11 bankruptcy.
Trisha Kae Andrada Dec 16, 2025
UK AI Growth Zones and a 20-fold public compute plan aim to spread benefits, but critics warn UBI can't curb the power held by 'robot owners'.
Will Lorca Dec 16, 2025
Ford discontinues its award-winning F-150 Lightning electric truck, asserting large battery vehicles will never be profitable amid $13 billion in losses.
Jim Manzon Dec 16, 2025
Tesla's board has earned a staggering £2.5bn from stock awards, far eclipsing tech rivals and reigniting debate over governance, pay and shareholder oversight.
Tanmay Puri Dec 16, 2025
