General News

Oil Prices Steady after Saudi Arabia Signals Output IncreaseOil Prices Steady after Saudi Arabia Signals Output Increase

Oil Prices Steady after Saudi Arabia Signals Output Increase

News Summary Oil prices have steadied following a significant drop earlier this week, with Brent crude closing at $63.12 and…

3 days ago
Big Changes at Tesla: Is a New CEO on the Horizon?Big Changes at Tesla: Is a New CEO on the Horizon?

Big Changes at Tesla: Is a New CEO on the Horizon?

News Summary Tesla is reportedly searching for a new CEO to possibly replace Elon Musk as the company faces declining…

3 days ago
U.S. Economy Faces Unprecedented 0.3% ContractionU.S. Economy Faces Unprecedented 0.3% Contraction

U.S. Economy Faces Unprecedented 0.3% Contraction

News Summary The U.S. economy has experienced a surprising contraction of 0.3% in the first quarter of 2025, marking its…

3 days ago
Amazon Launches 27 Satellites for Project KuiperAmazon Launches 27 Satellites for Project Kuiper

Amazon Launches 27 Satellites for Project Kuiper

News Summary Amazon has launched its first batch of 27 satellites into low-Earth orbit as part of Project Kuiper, aiming…

4 days ago
Trump Signs Executive Order to Reduce Auto TariffsTrump Signs Executive Order to Reduce Auto Tariffs

Trump Signs Executive Order to Reduce Auto Tariffs

News Summary President Donald Trump has signed an executive order to ease certain auto tariffs, including a new 25% tariff…

4 days ago
Meta Unveils New AI Chatbot and Llama API at Developer ConferenceMeta Unveils New AI Chatbot and Llama API at Developer Conference

Meta Unveils New AI Chatbot and Llama API at Developer Conference

News Summary At LlamaCon, Meta launched its innovative AI chatbot and the Llama API to streamline development for creators. The…

4 days ago
Amazon’s Tariff Plans Face Presidential CriticismAmazon’s Tariff Plans Face Presidential Criticism

Amazon’s Tariff Plans Face Presidential Criticism

News Summary Amazon recently faced scrutiny over proposed tariff displays on its lower-cost shopping platform, Amazon Haul. This sparked a…

4 days ago
Fortune Media Updates Digital Advertising Compensation PolicyFortune Media Updates Digital Advertising Compensation Policy

Fortune Media Updates Digital Advertising Compensation Policy

News Summary Fortune Media IP Limited has announced significant changes to their digital advertising compensation policy, effective in 2025. Key…

5 days ago
BP Cuts Back on Share Buybacks Amid Financial ConcernsBP Cuts Back on Share Buybacks Amid Financial Concerns

BP Cuts Back on Share Buybacks Amid Financial Concerns

News Summary BP Plc has announced a significant cut in its quarterly share buyback program, now set at $750 million…

5 days ago
HSBC Reports Mixed Q1 Results Amid Economic ChallengesHSBC Reports Mixed Q1 Results Amid Economic Challenges

HSBC Reports Mixed Q1 Results Amid Economic Challenges

News Summary HSBC kicked off 2025 with its first-quarter results, showing a 25% dip in profits year-on-year despite exceeding estimates.…

5 days ago