Saturday, January 18, 2025

Tag: Business

Trump’s New Tax Plan Could Slash Corporate Tax Rate—Here’s What It Means for U.S. Manufacturers

Trump’s administration plans corporate tax cuts, impacting Korean firms. Analysts urge monitoring of tax reforms and potential uncertainties.

Elon Musk’s Wild Bet on Trump Pays Off: A 600x Return!

Elon Musk's investment in Trump yielded a 612x return, boosting his wealth to $442 billion and solidifying his influence in government.

Nvidia Bounces Back as Wall Street Shifts Focus to Small-Caps and Value Stocks

The New York stock market rebounded, with tech stocks rising despite some declines, while Bitcoin reached a historic high of $99,000.

Toyota’s Big Bet: New EV Battery Plants Coming to America

Toyota plans to increase investments in EV and hybrid vehicle battery production in North America, considering new factories.

You Won’t Believe How Much Google Owes Russia

Russia has fined Google an astronomical 2 undecillion rubles, exceeding global GDP, amid ongoing disputes over banned media channels.

Wall Street Takes a Dive: Tech Stocks Plummet on October 31

AFPThe New York stock market ended the last day of October with a steep downturn.The tech-heavy Nasdaq index plunged by 2.8%, leading a n ...

Strong Consumer Spending Fuels U.S. GDP Growth Despite Predictions

On Wednesday, the U.S. Department of Commerce announced that the preliminary GDP growth rate for the third quarter of 2023 was 2.8%.

Musk Moves to Austin: A $35 Million Home for His Growing Family

Elon Musk bought $35M in Austin mansions to live near his 11 children, including homes for Shivon Zilis and their kids.

TikTok Tycoon: Zhang Yiming Crowned China’s Richest

Zhang Yiming, 41, the founder of ByteDance, the parent company of TikTok, has emerged as the wealthiest person in China.

Oil Prices Plunge Over 6% as Middle East Tensions Ease

International oil prices dropped by 6% on Monday due to Israel's limited strikes on Iranian military facilities, easing supply fears.

Big Tech CEOs Cozy Up to Trump: A Surprising Shift!

Big Tech CEOs, including Amazon's Jassy and Google's Pichai, are reconnecting with Trump ahead of the U.S. presidential election.

Volkswagen’s Scout Motors Unveils Game-Changing Electric Pickup and SUV

Scout Motors, a Volkswagen subsidiary, has unveiled concept designs for its electric pickup truck and sports utility vehicle (SUV).