Swedish battery company Northvolt has taken a significant step by filing for Chapter 11 bankruptcy in the U. S. This move comes as a setback for Europe's plans to become a major player in the electric vehicle (EV) market. Once a highly valued private tech firm, Northvolt aims to restructure its debt
President-elect Donald Trump's social media company is in late-stage talks to buy Bakkt, a cryptocurrency trading platform. This news, reported by the Financial Times, sent both companies' stocks soaring. Trump Media's stock jumped 16%, hitting $32, while Bakkt's stock skyrocketed 162%, trading at $
Good news for those hunting for a home! In October, the number of existing homes sold jumped by 3. 4%. This is the first time in three years that sales have gone up from one year to the next. Experts say this might be the end of the home sales slump. There were more homes up for grabs compared to la
Imagine this: you're at the airport, eager to board your flight and squeeze into that coveted overhead bin space. But whoa, American Airlines has a new trick up their sleeve! They've just rolled out tech that won't let you scan your boarding pass until your group is called. It's all about keeping th
You'd think having lots of oil would make a country rich, but that’s not always the case. Some countries with plenty of natural resources have slower economic growth. This is what people call the "resource curse. " Most studies look at rich countries, but what about a place like Yemen, which is new
Google, a subsidiary of Alphabet Inc. , is facing a big challenge. Last Thursday, their stock prices took a 4% dip after the U. S. Department of Justice (DOJ) proposed a major change. The DOJ thinks Google should step back from controlling its Chrome browser. The goal? To shake up Google's dominant
Gap, the well-known apparel brand, had a bit of a rough third quarter. Hurricanes and unseasonably warm weather really took a toll on their sales. But, despite these challenges, they still managed to do better than expected. In fact, they even raised their annual sales guidance for the third time th
You might think selling airplanes internationally would be a breeze for a giant like Boeing. But there are some rules getting in the way, and Boeing is asking for a little help from the Federal Aviation Administration (FAA). Since the '80s, Boeing has been looking for ways to make selling and demons
Imagine you're searching for concert tickets. In the past, ads shown in your search results were a good thing – they meant you could actually buy tickets. Today, with AI, people want more details – seat locations, prices, and more. Marissa Mayer, former Yahoo CEO and now head of Sunshine, thinks adv
2024 is just around the corner, and there are some big topics that are going to make waves. Let's dive into a few of them. First off, the global economy is going through some changes. With new trade agreements and shifts in power, it's a time of uncertainty. But it's also a time of opportunity. Cou
