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US shipping giant United Parcel Service (UPS) announced on Tuesday that it will lay off 20,000 employees this year and close 73 office buildings by the end of June to improve the profitability and efficiency of its US business. Its CEO Carol Tome said that through these measures

According to Cailian News on April 29, Tesla's troubles did not end after Musk announced his withdrawal from the Department of U.S. Government Efficiency (DOGE). This week, lawmakers in New York State are planning to cancel Tesla's direct sales rights in the state, which will close several Tesla

In recent months, more and more Tesla owners have put stickers on their cars to show their dissatisfaction with Tesla CEO Elon Musk and his work in the Trump administration. Matthew Hiller, owner of the online store MadPufferStickers, started selling a sticker in his store in 2023 that reads

This week, technology giants Meta Platforms Inc. and Alphabet Inc. suffered heavy blows in antitrust trials in different courts in the same federal court building. The situation reflects a rare consensus between the two parties to regulate these companies, and the relevant actions span the Trump

Google announced this week that it will no longer support and release software updates for the first and second generation Nest Learning Thermostats starting October 25. In addition, Google will stop launching new Nest products in Europe altogether.

U.S. existing home sales fell 5.9% month-on-month in March, the largest monthly month-on-month drop since November 2022. Heightened economic uncertainty in recent weeks may scare off more buyers, with some Americans worried that their jobs may be at risk or that the stock market has fallen...

Novo Nordisk has raised its annual sales guidance several times a year since launching its popular diet pill Wegovy in 2021. However, recent weakness in U.S. prescription data has some investors and analysts wondering if the strong run that helped Novo Nordisk become Europe's most valuable listed...

There are signs that third-party sellers on U.S. e-commerce platforms such as Amazon and Walmart are hoarding inventory in Canada in an attempt to circumvent the impact of Trump's tariffs on China. According to multiple sellers, logistics suppliers and consultants...

Chipotle Mexican Grill plans to open its first store in Mexico early next year, the latest step in its international expansion. The company announced Monday that it has signed a development agreement with Alsea, which operates stores in Latin America and Europe for chains such as Starbucks, Domino's Pizza and Burger King.

Gold hits new highs. The destructive trade war launched by the United States has supported demand for safe-haven assets, and data released in the coming days may highlight early signs of damage to the global economy. Spot gold rose above $3,370 an ounce intraday as the dollar fell.

Recent media reports show that tariff policies are harming many industries in the United States. Steve Dunn, the founder and CEO of Munchkin, said the new tariffs are causing the industry to halt orders and lay off workers. He warned this would raise the cost of raising children for American families.

The "tariff war" launched by the US government has caused a stir and caused shocks around the world. But what the US government did not expect was that China is tougher than the United States, and 6 countermeasures have swept all aspects of the United States and accurately hit the "vital point" of the United States.

Buffett's investment in US stocks has become increasingly cautious over the past year. Last week, US President Trump announced that a 25% comprehensive tariff on imports from Mexico and Canada will take effect on March 4.

Recently, the media reported that the Austrian People's Party, the Social Democratic Party and the New Austrian Party announced on the same day that they had reached an agreement on the formation of a three-party coalition government.

Meta, the US tech giant, is reportedly increasing the pay of its top executives amid massive layoffs. The company recently approved a plan to increase bonuses for executives from 75% of base salary to up to 200%.

The classic recession warning signal is flashing in the US Treasury market - the 10-year US Treasury yield is lower than the 3-month US Treasury yield, the so-called yield curve inversion. Over the past few decades, this warning signal has a reliable record of predicting recessions (12-18 months after the signal appears).

On February 25, local time, Apple held a shareholders' meeting and voted to approve the salaries of executives including the company's CEO Cook. Cook's salary, stock awards and bonuses in 2024 totaled $74.61 million, an 18% increase from his salary of $64.21 million in 2023.

Thailand's rice exports are set to fall this year as exporters face currency fluctuations, stiff competition from other producers and falling demand from major buyers, a Thai exporters group said.

On February 26, Tesla's FSD function was officially launched in the Chinese market. Previously, FSD only provided services in North America. According to feedback from the first batch of users, FSD performed well in China's driving environment and has demonstrated its adaptability to China's traffic rules and road conditions.

Meta Platform (Meta.US) is discussing building a new data center park for its artificial intelligence project, with a potential cost of more than $200 billion, The Information reported on Tuesday, citing people familiar with the matter.

On February 25, BP reached an agreement with the Iraqi government on investment in four giant oilfields in the Kirkuk region, including the repair and redevelopment of existing production facilities and supporting infrastructure in the oilfields, with a total investment of $25 billion. The agreement still needs final approval from the Iraqi government.

The UAE, a wealthy country in the Middle East that is ambitious to develop cutting-edge industries such as artificial intelligence, is actively carrying out industrial layout. The latest development is that G42, a major local digital infrastructure platform, spent $2.2 billion to acquire the remaining 40% stake in Khazna Data Center held by telecom giant e&.