Analysts dismiss fears of German 'de-industrialization' for now
Growing global competition and changes to Germany's economy have some business leaders worried that Germany is headed for de-industrialization, but analysts disagree.
South Korea encourages supply chain cooperation with China as both express desire to improve ties
South Korea's finance minister encouraged cooperation with China on supply chain, new technologies and raw materials as the two countries prepare for a trilateral meeting with Japan.
FDIC Chair Gruenberg refuses to resign
Federal Deposit Insurance Corporation Chair Martin Gruenberg vowed to rectify conduct at his agency Wednesday, side-stepping calls for his resignation.
McDonald's $5 meal deal coming in June for a limited time: report
McDonald's will reportedly offer a $5 meal deal in an effort to lure back inflation-plagued customers as sales at fast food restaurants dip due to consumers eating more meals at home.
Google shows off latest AI models as competition with OpenAI, Microsoft heats up
Google rolled out its latest artificial intelligence models' capabilities at its annual developer conference, Google I/O, on Tuesday as its competition with rivals heats up.
ChatGPT maker OpenAI announces new 'flagship' model
ChatGPT creator OpenAI on Monday introduced a new advanced artificial intelligence model, GPT-40, and showed off its new features, which will be free for users.
GameStop shares soar after 'Roaring Kitty' posts on X
Shares of GameStop surged more than 70% Monday morning after "Roaring Kitty," a key figure in the stock's Reddit rally, returned to X and posted a drawing.
China protests 'abuse' of US export controls after trade restricted for 37 Chinese firms
After the U.S. restricted trade for 37 Chinese firms, some over security concerns, a spokesperson for China's foreign ministry accused the U.S. of abusing export control tools.
Nintendo to announce new console by March 2025, company says
Nintendo has announced plans to unveil the successor to its Switch console by March 2025. The company noted the evolving complexity of game development since the Switch's launch.
Buffett retakes the stage as Berkshire prepares to pass the baton
Warren Buffett takes center stage in Omaha for Berkshire Hathaway's annual shareholder meeting on Saturday, as investors size up his expected successor.
Apple sales fall less than expected, beating Wall Street estimates
Apple shares saw a boost in aftermarket trading after beating Wall Street's estimates with a year-over-year sales decline of 4.3%, while iPhone sales remain flat.
Tesla lays off more workers, two senior executives out: Report
A leaked email from Tesla CEO Elon Musk revealed the company is making further cuts to its workforce, including senior executives and entire departments.
Value of Japanese yen jumps against dollar, investors suspect intervention
Traders and investors suggested yen-buying intervention by Japanese authorities as the explanation for why the dollar fell sharply to 156.55 yen from as high as 160.245.
Feds investigating Ford Mustang Mach-E hands-free tech after fatal crashes
The National Highway Traffic Safety Admininstration is investigating Ford's BlueCruise driving assistance technology in Mustang Mach-E vehicles after two fatal crashes.
North Koreans may have helped create cartoons in US and Europe despite sanctions, report says
North Korean animators may have contributed to popular television cartoons for major Western firms like Amazon and HBO Max, according to a research report.
Meta rolls out upgraded AI assistant across Facebook, Instagram and WhatsApp
Meta on Thursday introduced a new souped-up version of its artificial intelligence assistance across its apps, including Facebook, Messenger, Instagram and WhatsApp.
Slowdown of UK inflation rate disappoints in March, economists say fight against inflation far from over
The United Kingdom's inflation rate slowed less than it was expected to in March, leading investors to bump back their predictions of when the Bank of England might cut interest rates.
US investigating GM Cadillac Lyriq EVs over brake assist failures
The National Highway Traffic Safety Administration (NHTSA) has launched a preliminary evaluation after receiving multiple reports of Cadillac Lyriq EVs losing their brake boost assist.
Trump Media stock plummets after company files to issue millions more shares
Trump Media & Technology Group stock tumbled more than 15% Monday after the company launched by former President Donald Trump disclosed it could issue millions more shares.
Elon Musk hosts Argentine President Javier Milei at Tesla headquarters
Elon Musk met with Argentina's new president, Javier Milei, this week at Tesla's Austin, Texas, headquarters, where the two reportedly discussed the potential for lithium projects.