Tesla's new Model Y is facing a tough time winning over customers. This is despite the fact that the company rolled out a refreshed version in January. The car maker is now offering big incentives to lure buyers. Some financing deals for the new Model Y come with a 0% interest rate. This is unusual for a new model in the industry. The company's shares have been vola...
A major change is happening at UnitedHealth Group. The company's CEO, Andrew Witty, has suddenly stepped down. This move came as a shock to many. Witty is leaving for personal reasons. He will now serve as a senior advisor to the new CEO, Stephen Hemsley. Hemsley previously led UnitedHealth Group from 2006 to 2017. He has a long history with the company, joining back...
The stock market took a hit, and some of the world's richest people are not happy about it. The tariffs are part of a bigger plan to change how the U. S. does business with other countries. The tariffs are a big deal because they affect how much things cost and how the economy works. Some billionaires, who usually support the president, are worried about these tar...
The U. S. government is about to slap a 25% tax on all imported canned beer and empty aluminum cans. This news comes just before a big announcement about more taxes on imported goods. The tax will hit some companies harder than others. Constellation Brands, for example, imports all of its beer from Mexico. This includes popular brands like Modelo and Corona. Modelo ...
The automotive world is buzzing with news about Honda and Nissan. These two car giants were in talks to join forces and create a mega company. The plan as of now is to merge and form the world’s fourth largest automaker. The catch? Whether the deal will go through is now in doubt. Honda has thrown a curveball in the negotiations, proposing to take full control of Ni...
On Tuesday, South Korean stocks took a hit in U. S. trading after President Yoon Suk Yeol declared emergency martial law. He said this step was needed to protect the country from "communist forces" amid debates over a budget bill in parliament. The iShares MSCI South Korea ETF, which tracks large and medium-sized companies in the country, dipped as much as 7% before ...