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Chubu Electric Data Fraud Undermines Japan’s Nuclear Energy Policy
Chubu Electric Power’s falsification of earthquake-risk data at its Hamaoka nuclear power plant has cast doubt on Japan’s nuclear energy policy.

By The Financial District
Jan 141 min read


U.S. Venezuela Oil Strategy Threatens Citgo Auction
As U.S. President Donald Trump moves quickly to assemble a $100 billion effort to revive Venezuela’s oil industry, his administration has yet to finalize the fate of the crown jewel of the country’s foreign assets, U.S. refining company Citgo Petroleum.

By The Financial District
Jan 131 min read


Musk’s Grok Limits Sexual Image Generation after Deepfakes Uproar
Elon Musk’s AI chatbot Grok is preventing non-paying users from generating or editing images after a global backlash erupted over sexualized deepfakes of people, but the change has not satisfied authorities in Europe.

By The Financial District
Jan 131 min read


Google Employee Made Redundant After Reporting on Her Boss
A senior Google employee has claimed she was made redundant after reporting a manager who told clients stories about his swinger lifestyle and showed a nude photo of his wife.

By The Financial District
Jan 131 min read


Musk’s xAI Burns Almost $8 Billion
Elon Musk’s artificial intelligence startup xAI is burning cash quickly, with losses mounting as it spends heavily to build data centers, recruit talent, and develop software that will eventually power humanoid robots.

By The Financial District
Jan 131 min read


Oklo and Vistra Shares Surge as Meta Turns to Nukes for AI
Oklo Inc. and Vistra Corp. shares rallied, leading peers higher, after Meta Platforms Inc. agreed to purchase nuclear power from the companies to run artificial intelligence (AI) data centers.

By The Financial District
Jan 131 min read


Singapore Stops Sale of Nestlé NAN Baby Formula Laced With Toxin
The Singapore Food Agency (SFA) has ordered a halt to the sale of five batches of Nestlé’s infant and follow-on formulas as a precaution while checking for the presence of cereulide toxin.

By The Financial District
Jan 131 min read


Musk Pins Hope for a Rebound on His Robotaxis
With Tesla’s electric vehicle sales declining 6.7% last year, it is no surprise that CEO Elon Musk is pinning the company’s future on robotaxis, artificial intelligence, and robotics—even though they have yet to generate meaningful revenue.

By The Financial District
Jan 121 min read


France Slams Musk’s Grok Over Glut of Sexual Images of Minors
Elon Musk’s artificial intelligence chatbot Grok has generated sexualized images of people, including minors, on the social media platform X in response to user prompts.

By The Financial District
Jan 91 min read


Musk’s Ex Ashley St. Clair to Sue xAI after it Spread Fake Sexualized Images
Elon Musk’s AI chatbot Grok has been accused of generating non-consensual sexualized images of real people, including children.

By The Financial District
Jan 82 min read


Alaska Airlines Orders 110 Boeing Planes in Expansion Plan
Alaska Airlines is ordering 110 new Boeing planes — the largest single order in the airline’s history.

By The Financial District
Jan 81 min read


Warner Bros. Rejects Paramount Takeover Bid Again
Warner Bros. again rejected a takeover bid from Paramount and told shareholders to stick with a rival offer from Netflix.

By The Financial District
Jan 82 min read


Nvidia Loses 8% of Value After Hitting Record on Oct. 29
Nvidia shares are down about 8% since hitting a record on Oct. 29, underperforming the S&P 500 Index as investors grow concerned about the sustainability of artificial intelligence spending and the chipmaker’s grip on the market.

By The Financial District
Jan 81 min read


Meta to Buy Chinese Startup Manus to Boost Advanced AI
Meta said it would acquire Chinese-founded artificial intelligence startup Manus as the technology giant accelerates efforts to integrate advanced AI across its platforms.

By The Financial District
Jan 81 min read


Tesla Vehicle Deliveries Disappoint Analysts
Tesla Inc. published a compilation of analyst estimates for vehicle deliveries on its website, and the averages for the current quarter are more pessimistic than those gathered by Bloomberg.

By The Financial District
Jan 71 min read


Lululemon Founder Launches Proxy Fight for New CEO
Lululemon founder Chip Wilson is seeking changes to the company’s board in a proxy fight launched as it searches for a new chief executive officer.

By The Financial District
Jan 71 min read


Nvidia Completes Purchase of $5-B in Intel Shares
Intel said in a regulatory filing that it has completed the sale of roughly 215 million shares worth about $5 billion to Nvidia.

By The Financial District
Jan 71 min read


Swiss Probers Say Flares Atop Wine Bottles Caused Deadly Bar Fire
Swiss investigators said that they believe sparkling flares placed atop Champagne bottles ignited the fatal fire at a ski resort after coming too close to a crowded bar’s ceiling.

By The Financial District
Jan 71 min read


Saks CEO Steps Down as Luxury Retailer is Battered by Debt
The top executive of the private company that owns Saks Fifth Avenue and Neiman Marcus is stepping down as it struggles with debt taken on to buy a rival nearly two years ago.

By The Financial District
Jan 71 min read


Trump Orders Divestment in $2.9 Million Chips Deal Over Security Issues
President Donald Trump has ordered the unraveling of a $2.9 million computer chips deal, saying it threatened US national security if the current owner, HieFo Corp., remained in control of the technology.

By The Financial District
Jan 61 min read


BYD Hits Sales Goal, may Topple Tesla as Biggest EV Maker
BYD Co. met its full-year sales target and likely surpassed Tesla Inc. to become the world’s largest electric-vehicle maker in 2025 — milestones overshadowed by a challenging outlook for China’s auto market in the year ahead.

By The Financial District
Jan 61 min read


Lawmaker Says He Will "Miss Thiel, Other Billionaires" if They Leave California
A proposed California ballot measure that would raise taxes on the state’s wealthiest residents has prompted billionaire investor and Trump supporter Peter Thiel to consider cutting ties with the state.

By The Financial District
Jan 61 min read


Korea Zinc to Open Zinc Smelter in Tennessee
Korea Zinc has partnered with the US Department of Defense and the Department of Commerce to build a $6.6-billion smelter in the United States, backed by $800 million in working capital and financing support.

By The Financial District
Jan 61 min read


Berkshire to Keep Japanese Trading House Stakes After Buffett’s Exit
U.S. investment firm Berkshire Hathaway Inc. plans to retain its holdings in five major Japanese trading houses over the long term, even after the departure of CEO Warren Buffett.

By The Financial District
Jan 61 min read
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