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Tesla Sales Plunge In Q2 As Rivals And Boycotts Undercut Musk
Tesla reported a sharp 13% decline in vehicle deliveries for the second quarter of 2025, as the company continues to face consumer boycotts over CEO Elon Musk’s political alignments.

By The Financial District
Jul 41 min read


Two Chinese AI Chip Firms Aim for $1.7 Billion In IPOs Amid U.S. Export Curbs
Two Chinese artificial intelligence chipmakers—Moore Threads and MetaX—have filed plans to raise a combined 12 billion yuan ($1.65 billion) through initial public offerings.

By The Financial District
Jul 41 min read


EPA Employees Accuse Trump Officials Of Undermining Agency’s Mission
Hundreds of employees at the U.S. Environmental Protection Agency (EPA) released a “Declaration of Dissent," accusing agency leadership of politicizing the EPA and undermining its mission to “protect human health and the environment."

By The Financial District
Jul 41 min read


Senate GOP Advances Tax Cut Extension, Claims It Won’t Add To Deficit
Senate Republicans are advancing a plan to extend key provisions of Donald Trump’s 2017 tax law—valued at $3.8 trillion—while claiming the move will not increase the national deficit.

By The Financial District
Jul 41 min read


Intel’s New CEO Considers Major Shift In Chip Manufacturing Strategy
Intel’s new chief executive is exploring a significant shift in the company’s contract chip manufacturing business in a bid to attract major clients.

By The Financial District
Jul 42 min read


Trump–UK Deal Slashing Tariffs On Cars And Aircraft Parts Now In Effect
A new trade deal between U.S. President Donald Trump and British Prime Minister Keir Starmer has officially taken effect.

By The Financial District
Jul 41 min read


DigiPlus Crashes As PSE Index Posts Gain
DigiPus crashed by 13.89 percent as it topped the most active list with a huge trade worth ₱2.19 billion, while the PSE index rose to 6,468.98 points, up 49.83 points or 0.76 percent.

By The Financial District
Jul 42 min read


U.S. DOJ Settles Antitrust Case Over HPE's $14-B Juniper Takeover
The U.S. Department of Justice (DOJ) has reached a settlement in its antitrust case challenging Hewlett Packard Enterprise’s (HPE) $14 billion all-cash acquisition of Juniper Networks.

By The Financial District
Jul 31 min read


Trump Tax Bill Advances, Cuts Medicaid For 12 Million Americans
After a late-night negotiation to win over GOP holdouts, the Senate narrowly passed President Donald Trump’s One Big Beautiful Bill, with Vice President J.D. Vance casting the tie-breaking vote.

By The Financial District
Jul 31 min read


EU Ready To Accept 10% Tariffs But Seeks Relief In Key Areas
The European Union is prepared to accept a 10% universal tariff on many of its exports to the U.S., but is pushing for exemptions or reduced rates on key goods.

By The Financial District
Jul 31 min read


Thai Court Suspends PM Paetongtarn Shinawatra Over Leaked Phone Call
Thailand’s Constitutional Court has suspended Prime Minister Paetongtarn Shinawatra, escalating a political crisis triggered by a leaked phone conversation with former Cambodian leader Hun Sen.

By The Financial District
Jul 31 min read


GE Is Now Chinese-Owned—And Its Appliances Are Getting Worse: Mashed
In the ever-shifting world of corporate mergers and acquisitions, even iconic American brands can end up under foreign ownership.

By The Financial District
Jul 31 min read


U.S. High Court Tosses Appellate Wins For Transgender Rights In Four States
The U.S. Supreme Court has voided several appellate rulings that had favored transgender individuals in four states, following its recent decision upholding Tennessee’s ban on certain medical treatments for transgender minors.

By The Financial District
Jul 31 min read


Ford CEO Says Chinese EVs Are "Far Superior" To Western Rivals
Ford CEO Jim Farley has acknowledged that electric vehicles from China are “far superior” to those made by Western automakers.

By The Financial District
Jul 31 min read


House To Vote On Controversial Senate Version Of Trump’s Tax Bill
The House is expected to begin debate on President Donald Trump’s sweeping package of tax cuts and Medicaid reductions.

By The Financial District
Jul 31 min read


Combs Found Not Guilty Of Sex Trafficking, Convicted On Prostitution Charge
Sean “Diddy” Combs has been convicted of a prostitution-related charge but acquitted of more serious counts of sex trafficking and racketeering that could have put the music mogul behind bars for life.

By The Financial District
Jul 31 min read


PSE Index Slightly Down But Holds Milestone Level
A recovery in the industrial and holding firms sectors helped keep the Philippine Stock Exchange (PSE) index within its milestone range, closing at 6,419.05, down just 4.80 points or 0.07%.

By The Financial District
Jul 32 min read


Thrift Banks: Fueling Grassroots Growth And Nation-Building
The Philippines’ Thrift Bank Industry continues to serve as the quiet workhorse of inclusive economic growth in the country.

By The Financial District
Jul 24 min read


Qantas Warns Customers After Manila-Based Call Center Hit By Cyberattack
Qantas Airways has warned up to six million customers to remain vigilant after a significant cyberattack compromised personal data via a third-party customer relations management (CRM) platform used in a Manila-based call center.

By The Financial District
Jul 22 min read


Moderna Says Its Flu Shot Met Target In Late-Stage Trial
Moderna announced that its experimental flu shot met its primary efficacy target in a late-stage trial, paving the way for its broader strategy of offering combination vaccines.

By The Financial District
Jul 21 min read


Senator Tillis Drops 2026 Re-Election Bid After Trump Threatens Primary
Republican U.S. Senator Thom Tillis announced that he will not seek re-election in 2026, one day after former President Donald Trump threatened to back a primary challenger in response to Tillis’ opposition to a key White House bill.

By The Financial District
Jul 21 min read


Fed Says Banks Can Withstand Economic Downturn
Twenty-two of the largest U.S. banks are well-positioned to endure a severe economic downturn and continue lending, with firms maintaining robust capital levels even after sustaining hundreds of billions of dollars in losses.

By The Financial District
Jul 21 min read


Stellantis To Recall 250,000 U.S. Vehicles Over Airbag Issue
Chrysler parent Stellantis is recalling 250,651 vehicles in the U.S. due to an improperly sealed side curtain airbag.

By The Financial District
Jul 21 min read


UAE Fund Buys $100-M Of Trump’s World Liberty Tokens
A United Arab Emirates–based fund has bought $100 million worth of digital tokens issued by World Liberty Financial.

By The Financial District
Jul 21 min read
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