News

Toyota’s Global Sales Performance Toyota Motor Corp. has successfully defended its position as the world's leading car manufacturer for the fifth consecutive year, despite a slight decline in global sales in 2024. The Japanese automaker sold a total of 10.8 million vehicles, including sales from its subsidiaries Daihatsu Motor Co. and Hino Motor…

The Federal Reserve’s recent Interest Rate Pause presents a unique opportunity for consumers to capitalize on inflation-beating savings while strategically reducing high-cost debt. With interest rates remaining steady after a significant cut last year, financial experts advise individuals to make informed choices about their savings and loan manage…

Financial Performance Exceeds Expectations Starbucks reports a mixed financial performance for the quarter, with earnings surpassing Wall Street estimates but same-store sales continuing to decline. The company revealed that its quarterly revenue and earnings outperformed expectations, despite witnessing a fourth consecutive quarter of declining…

DeepSeek’s Meteoric Rise The emergence of China’s DeepSeek AI has sent shockwaves through the global tech industry, challenging the dominance of American artificial intelligence (AI) and sparking intense debate about the future of the sector. The app launched recently, became the most downloaded free app on Apple’s US App Store over the weekend.…

Chinese companies are rapidly advancing Chinese AI applications, moving beyond traditional chatbot functionalities. Recent developments by firms like DeepSeek and ByteDance highlight their strides in building sophisticated AI models that aim to compete with platforms like OpenAI’s ChatGPT. These innovations mark a significant step forward as Chines…

OpenAI Introduces Operator: A Tool to Simplify On-Screen Tasks OpenAI has launched a new tool called "Operator," designed to assist users with on-screen tasks using an AI model known as Computer-Using Agent (CUA). The tool mimics human actions by interacting with elements like buttons, text fields, and other visual components on a computer scree…

Costco shareholders have decisively rejected a proposal to review the company’s diversity, equity, and inclusion (DEI) practices for potential legal risks. During a shareholder meeting, 98% of votes were cast against the proposal, which had been brought forward by an activist group critical of DEI policies. Proposal Aimed to Undermine DEI Effort…

Boeing has announced that it expects to face further financial setbacks related to its Boeing Starliner Program when it releases its fourth-quarter financial results for 2024. In a statement issued on January 23, the company provided preliminary financial projections for the fourth quarter. These included an estimated $1.7 billion in charges aga…

Oil prices extended their losses in early Thursday trading, driven by uncertainty surrounding the potential impact of proposed tariffs by U.S. President Donald Trump on various countries. Concerns over how these measures might affect global economic growth and energy demand weighed heavily on the market. Brent and WTI Crude Prices Dip Brent c…

Microsoft, the largest investor and primary cloud partner of OpenAI, has lost its exclusive status as the artificial intelligence company's sole provider of computing capacity. In a recent blog post, Microsoft clarified that while the relationship remains strong, the terms of their partnership have evolved. Moving forward, Microsoft will retain …