How America’s EV retreat is increasing China’s control of global markets
U.S. automakers are pivoting away from EVs to refocus on gas-guzzling trucks and SUVs while Chinese manufacturers are expected to keep growing electric exports.
Stellantis CEO says automaker is stronger together as stock plummets amid $26 billion charge
The automaker announced $26 billion in charges from a business restructuring that includes pulling back on electrification plans and reintroducing V8 engines.
Why Amazon’s CEO is ‘confident’ with $200 billion spending plan
The company boosted its 2026 capital expenditures to $200 billion, with most of the spending going to data centers.
U.S.-China power struggle thrusts Panama Canal back into the spotlight
It follows a contentious decision from Panama’s top court to rule against a Hong Kong-backed firm’s right to operate two key terminals on the waterway.
Sen. Slotkin refuses DOJ interview request over troops video: ‘The intimidation is the point’
Slotkin’s lawyer urged U.S. Attorney Jeanine Pirro to retain her records in case the senator files a lawsuit over the probe.
Reddit shares rise on reveals strong guidance, $1 billion buyback
Reddit reported fourth-quarter earnings on Thursday in which the social media company beat on the top and bottom lines.
Amazon cloud unit beats on revenue and profit as parent company ramps up AI spending
Amazon is investing heavily to capitalize on artificial intelligence opportunities in the cloud.
White House launches direct-to-consumer drug site TrumpRx. Here’s what to know
It’s still unclear if all patients, particularly those with insurance coverage, will see more cost savings from using that site to buy their medicines.
Paul Weiss Chairman Brad Karp resigns after Jeffrey Epstein email disclosures
The Department of Justice last week released millions of documents related to the notorious sex offender Jeffrey Epstein.
Software experiencing ‘most exciting moment’ as AI fears hammer the stocks
Shares of software companies have been getting beaten up, and the selloff accelerated this week after Anthropic’s latest unveiling.
