Tesla’s China head now oversees its US factories, becomes Musk’s number two: Report

Tom Zhu, Tesla’s executive responsible for overseeing the company’s China business, has been promoted to oversee the company’s factories in the U.S. and sales operations in North […]

Majority of big banks predict significant economic downturn in 2023

Of 23 major financial institutions that work directly with the Federal Reserve, 16 anticipate a recession within the next 12 months, with two anticipating one the year […]

Big Tech took a market beating in 2022

It was a difficult year for Big Tech, with the “Big Five” of , Apple, Google-parent Alphabet, -parent Meta and Microsoft each ending the year with stock […]

Small businesses see signs of hope after brutal 2022, according to new poll

Despite a historically tight labor market, small business owners reported that hiring difficulties had eased in December, markedly improving compared to November, according to a poll conducted […]

The US could end up handing out huge tax breaks to foreign EVs

Under mounting pressure from foreign allies, the Biden administration may extend tax breaks from the Inflation Reduction Act (IRA) to foreign businesses in Europe and Asia, according […]

Europeans resort to desperate measures to find heat amid energy crisis

European countries are loing to recycle the heat generated by data centers to warm homes, the latest in a series of measures to find heat amid an […]

As other automakers push EVs, this luxury brand drove laps around them in 2022

While electric vehicle (EV) startups that once seemed promising saw their stock prices plummet far faster than the rest of the market, Ferrari managed to stay ahead […]

BlackRock will partner with Ukraine to help attract investors, rebuild country, Zelenskyy says

The Office of Ukrainian President Volodymyr Zelenskyy announced Wednesday that he had met with CEO Larry Fink of investment firm BlackRock, and that the two had agreed […]

‘Who are these people?’ Medical doctor wants answers after suspension from Twitter for citing COVID data

’s Site Integrity team determined that Dr. Andrew Bostom, a medical doctor and former academic at Brown University, was inappropriately suspended from the platform over allegations of […]

Tesla unexpectedly pauses production at Chinese facility early as demand slumps: report

Tesla temporarily halted production at its Shanghai factory on Dec. 24, starting an already unusual Christmas pause for its most productive facility one day ahead of schedule, […]

Ex-FBI Twitter lawyer questioned why Trump wasn’t censored over ‘optimistic’ COVID tweet, docs show

Jim Baker, ’s former Deputy General Counsel, contacted two high-ranking execs to ask why a tweet by then-President Donald Trump telling people not be afraid of […]

Food inflation might cut into your Christmas dinner

Inflation continues to pinch consumers’ wallets, and heading into Christmas, food prices are running hot, with staples like eggs and flour up roughly 49% and 25% year-over-year […]

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