Luckin Coffee Enters U.S. Market Amid Starbucks Struggles
China's coffee giant opens first New York stores
Luckin Coffee, China’s largest coffee chain, has opened its first U.S. locations in New York, signaling a...
Nike Stock Jumps as Sales Improve and Tariffs Hit
Sneaker giant forecasts mid-single digit sales drop, cuts China reliance
Nike shares soared 15.2% on Friday after the company projected that profit and revenue declines...
Elon Musk Fires Tesla VP Amid Sales Declines and Political Backlash
Omead Afshar dismissed as pressure mounts on Tesla's operations and reputation
Tesla CEO Elon Musk has fired Omead Afshar, the company’s vice president of manufacturing...
Amazon Expands Fast Delivery to 4,000 Rural U.S. Areas
$4B expansion targets underserved towns ahead of Prime Day
Amazon announced Tuesday that it will bring same- and next-day delivery services to more than 4,000...
Tesla Halts Output Amid Robotaxi Safety Concerns
Cybertruck and Model Y output paused for maintenance amid safety protests
Tesla stock dropped 4% on Tuesday following reports that the company plans to halt...
GM to Invest $4B in U.S. Manufacturing for EVs and Gas Vehicles
General Motors' $4 Billion U.S. Manufacturing Investment
General Motors (GM) announced plans to invest $4 billion over the next two years to expand its domestic...