Jorge Pérez, the 75-year-old billionaire behind South Florida’s luxury condo boom, is confronting headwinds from former friend President Donald Trump’s economic policies.

The Bases Conversion and Development Authority (BCDA) reported an impressive financial performance in 2024, generating total gross revenues of PHP22.1 billion—three times higher than the PHP7.3 billion recorded in 2023.

JetZero Inc. has announced plans to build a $4.7-billion manufacturing plant in Greensboro, North Carolina, to produce its next-generation Z4 aircraft.

Thai Airways has received court approval to exit its business rehabilitation process, paving the way for a return to trading on the Stock Exchange of Thailand.

Digital bank Chime’s stock surged in its Nasdaq debut, rising 37% and pushing its valuation to $16 billion.

Airbus secured multibillion-dollar aircraft orders from Saudi Arabia and Poland on the opening day of the Paris Air Show.

Shares of Brazilian meat giant JBS dropped 3.9% in their debut on the New York Stock Exchange (NYSE).

Renault CEO Luca de Meo is stepping down from the French carmaker to take on a new role outside the auto industry.

Uber will begin testing fully autonomous taxis — with no human safety drivers — on the streets of London next spring.

Nippon Steel shares rose on Monday after U.S. President Donald Trump approved its $14.9 billion bid for U.S. Steel.

Tesla stock took another hit as Baird analysts downgraded the company, citing ongoing fallout from CEO Elon Musk’s political involvement — specifically his public feud with President Donald Trump.

At least six Waymo self-driving vehicles were damaged or destroyed in Los Angeles during protests against federal immigration raids.

It’s been a difficult week for Tesla.

In just 13 years, Forbes 30 Under 30 alums Erik Brust and Connor Wray have turned their popsicle company, JonnyPops, into one of the fastest-growing brands in the frozen aisle.

French oil major TotalEnergies and French startup Mistral announced a partnership to advance the application of artificial intelligence (AI).

German logistics giant DHL is aiming to expand its UK footprint by merging its British e-commerce unit with Evri.

Warner Bros. Discovery has announced plans to split into two separate publicly traded companies by mid-2026, separating its legacy cable operations from its streaming and studio businesses.

Volkswagen’s restructuring of its Wolfsburg plant starting in 2027—to transition to electric vehicle (EV)-only production—could lead to a temporary four-day workweek.

Meta is reportedly planning a major investment in Scale AI.

As Nintendo’s new portable Switch 2 sells out quickly, another major gaming company is entering the handheld market.

WPP has announced that Chief Executive Officer Mark Read will step down at the end of the year.

Google has offered buyouts to another segment of its workforce across several key divisions in a fresh round of cost-cutting.

Stockholders at Walmart and PayPal have voted down proposals that would have overhauled how those companies approach diversity, equity, and inclusion (DEI).

U.S. President Donald Trump has threatened to cancel Elon Musk’s government contracts amid a dispute over a tax-cut bill.