Lyft is making its long-awaited move into the European market through a $198.4 million acquisition of mobility platform FreeNow from German automakers BMW and Mercedes-Benz. The deal nearly doubles Lyft’s addressable market and marks a major strategic push beyond North America.
AMD has announced it may face up to $800 million in charges following new U.S. export controls targeting its MI308 semiconductor products, which could restrict business with China, Hong Kong, Macau, and other regions. The tech giant confirmed it is seeking export licenses, though approvals remain uncertain.
Trump freezes $2B in federal funds for Harvard and threatens its tax exemption, pushing the elite university to accept wide-ranging government-mandated reforms.
Court reveals a 2018 Zuckerberg email about spinning off Instagram, spotlighting Meta’s internal fear of antitrust crackdowns and Big Tech breakup threats.
China suspends Boeing jet purchases and parts orders, retaliating against Trump’s tariffs, as global airline and aircraft supply chains brace for impact.
In today's digital world, influencers really hold immense power in shaping consumer trends and business directions. While most start as content creators who endorse brands, more and more are becoming full-fledged entrepreneurs. This transition offers long-term financial security, creative autonomy and the potential to build a lasting legacy that goes beyond social media. However, to achieve this shift from influencer to entrepreneur, a strategic roadmap, a new mindset and an in-depth understanding of business fundamentals are necessary.
Japan’s Fair Trade Commission has issued a cease-and-desist order against Google, accusing the tech giant of violating antitrust laws by pressuring smartphone manufacturers to preinstall its search engine and Chrome browser on Android devices.
Russia’s missile strike on Sumy magnifies stalled U.S. diplomacy as the Kremlin escalates on the battlefield, testing Trump’s push for a negotiated peace.
Katy Perry, Lauren Sánchez, and an all-female Blue Origin crew soar past the Kármán line, marking a triumphant return to Earth and a milestone for women in space.
Goldman Sachs has once again raised its year-end gold price forecast, now targeting $3,700 per ounce, citing growing economic uncertainty and rising global demand for safe-haven assets.
Pfizer has officially ended the development of its experimental weight-loss pill, danuglipron, after a patient developed a potential drug-induced liver injury, marking the third major setback in the company’s obesity drug efforts.
The University of British Columbia has officially opened the Gordon B. Shrum Building, a $139.4 million, state-of-the-art facility that now houses Canada’s first purpose-built School of Biomedical Engineering.
The management of business expenses is a significant aspect of operations that can significantly affect profitability and efficiency. Traditional methods, such as keeping physical receipts or manually entering expenses, are often prone to errors and inefficiencies.
GM’s CAMI Assembly plant in Ontario pauses production till fall, leaving hundreds jobless in a move linked to low demand for its electric delivery vans.
China responds to Trump’s 145% tariff with 125% duties on U.S. goods, intensifying the trade standoff and rattling markets worldwide.
In a bold move signaling a major shift in strategy, Prada has sealed a $1.38 billion deal to acquire fellow Italian fashion icon Versace from Capri Holdings, even as global markets reel from U.S. tariff shocks.
OpenAI battles Elon Musk in court, alleging harassment and “sham” takeover bids as the ChatGPT creator defends its for-profit transition and soaring valuation.
A tragic helicopter crash over New York City has claimed six lives, including a family of five Spanish tourists and the pilot, after the aircraft broke apart midair and plunged into the Hudson River Thursday afternoon.
Trump slaps 125% tariffs on China, then issues a 90-day pause for other nations, spurring a sudden market rally and setting off high-stakes trade talks.
China hikes tariffs on U.S. goods to 84% in retaliation, rattling stocks and sparking fresh fears that global trade tensions could tip economies into chaos.
Managing accounts receivable effectively is crucial for maintaining a healthy cash flow. A streamlined collections process ensures that payments are received on time, reducing outstanding invoices and minimizing financial risks. If your business struggles with late payments, it’s time to optimize your collections strategy.
U.S. Health Secretary Robert F. Kennedy Jr. announced plans to advise the CDC to stop recommending the fluoridation of public drinking water nationwide. The move, revealed during a press conference in Utah, marks a major shift in federal health policy and comes as the Environmental Protection Agency begins reviewing new scientific data on potential fluoride-related health risks.
IKEA Canada has officially announced the launch of its biggest STOCKHOLM collection to date, arriving in stores and online starting April 10, 2025. The STOCKHOLM 2025 line includes 96 carefully designed pieces across furniture, lighting, textiles, and decor.
Every year, Amazon sells billions of products in the US. And every year, this retail giant has tons of overstock, shelf-pulls and returns that they need to offload fast. That’s where liquidators come into play. They take these items and sell them to resellers and everyday people at a fraction of the cost. Many of them offer mystery boxes that can contain anything Amazon sells, from electronics to apparel and home goods.
In a narrow 216–213 vote, the House has approved a Trump-backed plan to slash $9 billion in spending—targeting $1.1 billion in funding for the Corporation for Public Broadcasting, effectively ending federal support for NPR, PBS, and their local affiliates.
Meta has thrown down the gauntlet in Europe’s high-stakes AI standoff. Just weeks before the European Union’s AI Act begins to take effect, the tech giant has refused to sign the EU’s new voluntary Code of Practice—drawing a clear line in the sand over what it views as excessive regulation.
Meta is pushing even harder into the AI arms race, hiring two prominent artificial intelligence researchers from Apple—Mark Lee and Tom Gunter—to bolster its elite Superintelligence Labs team.
Stephen Colbert will conclude his run as host of The Late Show in May 2026, bringing the iconic CBS late-night franchise to an end after more than 30 years on air.
Hollywood star Sydney Sweeney is taking a bold step beyond the screen and into the fashion world, launching her very own lingerie brand—and she’s not doing it alone. Backing her vision are some of the most powerful names in business: Amazon founder Jeff Bezos, his partner Lauren Sánchez, and private equity powerhouse Coatue.
Austrian privacy group NOYB has filed formal GDPR complaints against AliExpress, TikTok and WeChat, alleging the Chinese platforms block users from accessing their personal data and calling for EU regulators to impose stiff fines.
Juul Labs has officially secured FDA authorization to keep selling its tobacco and menthol e-cigarettes in the U.S., marking a dramatic rebound for the once embattled vaping giant.
The ride‑hailing giant will pour $300 million into EV maker Lucid and deploy a fleet of autonomous Gravity SUVs—powered by Nuro tech—starting in 2026.
Mark Zuckerberg and a coalition of institutional investors have struck a last‑minute settlement, averting an $8 billion Delaware court showdown over Facebook’s past privacy breaches.
After telling House Republicans he might dismiss Jerome Powell, President Trump called the move “unlikely for now,” leaving investors and lawmakers guessing as legal questions loom.
Canadian athleisure giant Lululemon will debut in India through a franchise partnership with Tata CLiQ, opening its first brick-and-mortar location and launching on Tata CLiQ Luxury and Fashion platforms in the second half of 2026.
Larry Ellison just leapfrogged Mark Zuckerberg on the global billionaire leaderboard. The 80-year-old Oracle founder now holds a staggering $251 billion net worth, propelled by a $60 billion gain in 2025 alone. His
Washington will impose a flat 10 % duty on goods from more than 100 African and Caribbean nations starting Aug. 1, adding fresh tension to global trade.
Washington has cleared Nvidia to resume selling its downgraded H20 accelerator to Chinese clients, restoring a multibillion-dollar revenue stream and lifting the chipmaker’s stock to new highs.
Annual U.S. consumer inflation rose faster than expected in June, complicating the Federal Reserve’s rate-cut calculus as tariffs and resilient service costs keep price pressures simmering.
SiriusXM is changing the dial on its business model. Known for offering commercial-free content in cars, the audio giant has introduced a new ad-supported subscription tier called SiriusXM Play. Starting at under $7 a month, the new plan gives users access to over 130 channels and aims to convert more free trial users into paying customers by offering a budget-friendly option that includes limited commercials.
The stealth AI-hardware startup led by former OpenAI CTO Mira Murati has raised $650 million in seed financing, vaulting its paper worth to $12 billion and setting a new benchmark for early-stage funding.
The new Ethernet silicon delivers 51.2 terabits per second and 250-nanosecond latency, promising a low-cost alternative to Nvidia’s InfiniBand for massive AI clusters.
Apple is making a bold bet on domestic production with a $500 million investment in MP Materials, a Nevada-based rare earth magnet manufacturer. The deal marks a major push to bring the production of key electronic components — namely neodymium magnets — back to U.S. soil.
The annual consumer‑price index rose faster than expected to 1.9 % in June, reviving debate over whether the Bank of Canada can start easing at its July 30 meeting.
Alphabet’s cloud and AI ambitions get a clean‑energy boost as Google inks the largest corporate hydro agreement ever, securing up to 3 GW of carbon‑free power across the U.S.
The White House says the package spans data‑center build‑outs, power‑grid upgrades, and next‑gen research labs—one of the largest single U.S. tech‑energy investments to date.
A low‑pressure fuel‑pump defect has forced Ford to pull about 850,000 SUVs, trucks and luxury Lincolns built from 2021‑23, marking its second‑largest recall of the year.
Shou Chew has asked Industry Minister Mélanie Joly for a face‑to‑face meeting within two weeks, urging Ottawa to reverse an order that would shutter TikTok’s Canadian offices and cut hundreds of jobs.
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