Toyota Motor North America is recalling a small number of 2018 Camry and certain older Lexus vehicles due to potentially failing low-pressure fuel pumps. The affected vehicles include the 2019 model year NX 300 and RX 350 L. Approximately 858 vehicles, with 848 being 2018 Camry models, are estimated to be impacted. The issue is … Read more
Nissan shares surged as much as 6% after reports emerged that Hon Hai Precision Industry Co., the Taiwanese manufacturer behind Foxconn, was reviving talks with Nissan about a potential tie-up. The move comes as the deal between Nissan and Honda Motor Co., which had been struggling to gain traction, appears to be falling apart. According … Read more
France has delivered the first batch of Mirage 2000 fighter jets to Ukraine, with the aircraft arriving in Ukrainian livery and accompanied by Ukrainian pilots who underwent training in France for several months. The delivery is the second type of Western aircraft to be handed over to Ukraine, following F-16 jets provided by allies last … Read more
The Financial Crimes Enforcement Network (FinCEN) is considering changes to the beneficial ownership information (BOI) reporting requirements if a court grants the government’s request for a stay of a nationwide injunction in a Texas case. If granted, FinCEN would extend BOI filing deadlines by 30 days to assess whether it is appropriate to modify the … Read more
Treasury Secretary Scott Bessent has outlined the Trump administration’s plan to lower long-term interest rates, which is aimed at boosting economic growth. Unlike the Federal Reserve, which focuses on short-term interest rates, the administration aims to influence the 10-year US Treasury yield. Bessent has stated that the administration wants to deregulate the economy, pass a … Read more
Elon Musk’s Department of Government Efficiency (DOGE) is working on a custom generative AI chatbot called GSAi for the US General Services Administration. The goal of this project, which has not been previously reported, is to boost the productivity of GSA’s 12,000 employees and analyze large amounts of contract data. DOGE hopes to use the … Read more
A trade war between the US and China is brewing, with tensions escalating after the Trump administration’s tariffs on Chinese imports took effect. However, while experts believe the conflict may deepen, they also see hope for an agreement that could prevent a larger crisis. China has retaliated with tariffs on US coal, liquefied natural gas, … Read more
A massive 1,455% gap between liquidated long and short positions on the XRP perpetual futures market occurred in just one hour, with total liquidation reaching $920,000. Data shows that 93.4% of the losses came from long positions, wiping out around $860,000. Meanwhile, only $60,000 was tied to shorts. The price of XRP dropped by 2.7%, … Read more
Snoop Dogg took a jab at Bill Belichick’s age gap with his girlfriend during an appearance at the NFL Honors. The 72-year-old coach’s partner, Jordon Hudson, is just 24 years old. When asked about his longevity as a football fan, Snoop replied that he has been watching the sport for longer than Hudson has been … Read more
Buyout firm TPG has agreed to acquire solar energy company Altus Power in an all-cash deal worth $2.2 billion, including the assumption of debt. The acquisition is expected to close in the second quarter and will be facilitated by TPG’s climate investment arm, TPG Rise Climate Transition Infrastructure. Altus Power, one of the largest owners … Read more