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Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools
A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding […]
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Tesla brand value shed $15 billion in 2024 with aging lineup, Musk at helm, researchers found
New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California. Justin Sullivan | Getty Images The value of Tesla’s brand fell by 26% in 2024, a second straight annual decline, with factors including an aging lineup of vehicles, and CEO Elon Musk’s “antagonism,” according to research and consulting […]
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Biden administration finalizes crackdown on Chinese vehicles
Chinese made BYD passenger battery electric vehicles and plug-in hybrid electric vehicles collectively known as new energy vehicles in China in a compound in Sheerness, Kent. Issue date: Thursday April 4, 2024. Gareth Fuller | Pa Images | Getty Images President Joe Biden’s outgoing administration is finalizing rules on Tuesday that will effectively bar nearly […]
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China considers selling TikTok U.S. operations to Musk, Bloomberg reports
Jakub Porzycki | Nurphoto | Getty Images The Chinese government is considering a plan that would have Elon Musk acquire TikTok’s U.S. operations to keep the app from being effectively banned, Bloomberg News reported on Monday. The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to […]
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Biden admin delays enforcement of order blocking Nippon Steel, U.S. Steel deal, companies say
U.S. President Joe Biden attends a briefing on the federal response to the wildfires across Los Angeles, in the Oval Office at the White House in Washington, U.S., Jan. 10, 2025. Elizabeth Frantz | Reuters The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel, […]
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Aerospace firms brace for protectionism under Trump, Airbus CEO says
An Airbus A321 XLR aircraft, with CFM LEAP engine, is pictured on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. Justin Tallis | AFP | Getty Images European aerospace companies are bracing for “very strong” protectionism in the United States under the administration of President-elect Donald […]
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Why Trump’s pursuit of Greenland could be cheered on by Russia
U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach, Florida, U.S. Jan. 7, 2025. Carlos Barria | Reuters U.S. President-elect Donald Trump’s ongoing pursuit of Greenland may have raised the hackles of Denmark, which retains sovereignty over the Arctic island, but his territorial ambitions seem to be gaining traction in an unlikely quarter: […]
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Trump receives a Paris welcome full of presidential pomp from France’s Macron
French President Emmanuel Macron welcomed Donald Trump to Paris on Saturday with a full a dose of presidential pomp as the two men resumed the relationship they established during Trump’s first term after a four-year hiatus. Trump, the once and future American president, said the two would be discussing a world that’s gone “a little […]
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Shares of drone maker Unusual Machines soar more than 90% after Donald Trump Jr. joins advisory board
Donald Trump Jr. leaves a fundraiser for Donald Trump hosted by former “Neighbours” star Holly Valance, in London, June 12, 2024. James Manning | PA Images | Getty Images The share price of small U.S. drone and drone component maker Unusual Machines soared more than 90% in premarket trading Wednesday after the company announced that […]
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