Wednesday, April 16, 2025

Colin Brooks

Lucid Motors Buys Nikola’s Factory—And Hires 300 Staff Overnight

Lucid Motors will acquire Nikola's Arizona facilities, hiring 300 former employees, as Nikola faces bankruptcy after financial troubles.

Trump Pushes Back on Japan’s $7B Steel Deal—Stock Tanks 16%

Trump opposes the sale of U.S. Steel to Japanese investors, emphasizing national security and reviewing the acquisition's risks.

Trump Gives TikTok 75 More Days as Sale Talks Stall

Trump extends TikTok sale deadline by 75 days to allow negotiations amid U.S.-China trade tensions and national security concerns.

White House Clarifies: South Korea’s Reciprocal Tariff Set at 25%, Not 26%

The U.S. confirmed a 25% tariff on South Korean imports, correcting an earlier discrepancy of 26% after diplomatic clarification.

Elon Musk May Leave Trump’s Admin, and Tesla Investors Love It

Trump celebrates "Liberation Day" as Tesla shares rise amid speculation of Musk's resignation from government role, despite delivery declines.

Tariff Rush: U.S. Auto Sales Surge as Buyers Race to Beat Price Hikes

U.S. auto sales surged in March as consumers rushed to buy cars before a 25% tariff took effect, leading to price concerns.

Tesla’s Troubles: Musk Admits Leadership of DOGE is Impacting Stock

Musk admits his government role has harmed Tesla's stock, which has dropped significantly amid challenges and external pressures.

Golf Diplomacy? Vietnam Courts Trump to Dodge Tariffs

Vietnam seeks to navigate U.S. tariffs through diplomacy, including golf, while maintaining a significant trade surplus.

Hegseth Skips Seoul: Experts Say U.S.–South Korea Ties Facing Silent Strain

Experts warn the U.S.-South Korea alliance faces a silent crisis due to leadership issues and rising defense costs amid tensions with North Korea.

Canada Calls Snap Election—Trump’s Influence Looms Over Tight Race

Canada will hold an early election on April 28, with the Liberal and Conservative parties in a tight race amid U.S. pressure.

Trump’s Back-to-Back Calls with Putin and Zelenskyy Aim to End Ukraine War

Trump reported a positive call with Zelenskyy to align Ukraine and Russia's demands, following discussions with Putin on a ceasefire.

Edge AI Made Easy: Intel Rolls Out Open Edge Platform for Businesses

Intel announces AI Edge System and Open Edge Platform to enhance AI integration across various sectors, addressing unique edge challenges.