The Tesla Cybertruck’s manufacture is delayed by issues with battery manufacturing
Elon Musk claims that while creating a Tesla prototype is easy, the manufacturing process is a nightmare. This nightmare pertains...
Anthropic is in negotiations to raise $18.4 billion at a valuation of $750 million
Menlo Ventures-led talks are underway to raise $750 million for Anthropic, the rival company to OpenAI that was created by...
Slim’s buy Baillères’ stake in oil fields for $530 million dollars
Billionaire Carlos Slim's Grupo Carso SAB reached an agreement with PetroBal SAPI de CV to acquire its stake in two...
Holiday meltdown cost Southwest Airlines $140 million in fines
The fine is about thirty times greater than any other fine the US has ever imposed on an airline. During...
Uber’s Stock Rises as It Joins the S&P 500
In preparation for its launch in Monday trade, Uber reached a fresh 52-week high and is poised to join the...
Elon Musk uses the Starlink satellite network to dominate the Amazon and gold prospectors
With his Starlink network, Elon Musk has quickly taken over the Brazilian Amazon's satellite internet industry. Starlink is becoming more...
Electric car sales grow 29%, this Chinese company could overtake Tesla
According to Counterpoint, the third quarter of 2023 saw a 29% growth in global sales of electric cars, led mostly...
Financial difficulties may arise for Shohei Ohtani, who is delaying $680 million of his contract for a period of ten years
This week, Shohei Ohtani made history by signing a $700 million, 10-year contract to play for the Los Angeles Dodgers...
For the first time, Carlos Slim’s wealth surpasses $100 billion USD
A dozen years after being named the world's richest person, Mexican telecom tycoon Carlos Slim's net worth has crossed the...
Industry concerns that Pemex’s inability to pay debts poses a threat to suppliers’ survival
Industry associations warned that production, investment, and in certain situations even the life of suppliers are at risk due to...