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ECONOMY
iRobot Files for Bankruptcy, Acquired by Chinese Manufacturer Picea Robotics

iRobot, the maker of Roomba vacuums, has filed for bankruptcy and will be acquired by Chinese supplier Picea Robotics after struggling with competition and tariffs.

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ECONOMY
JetBlue pilot narrowly avoids midair collision with U.S. Air Force aircraft near Venezuela

A JetBlue flight narrowly avoided a midair collision with a U.S. military aircraft while approaching Venezuelan airspace.

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ECONOMY
Mass Shooting at Bondi Beach Leaves Many Dead and Injured

At least 16 people have been killed and dozens injured in a mass shooting at Bondi Beach during a Hanukkah event.

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ECONOMY
Powerball Jackpot Surge Reaches $1 Billion for Upcoming Drawing

Powerball jackpot hits $1 billion again, marking one of the largest prizes in lottery history.

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ECONOMY
SpaceX share sale values company at $800 billion amid potential IPO plans for 2026

SpaceX's insider share sale values the company at $800 billion, indicating an upcoming IPO aimed for 2026 to fund its ambitious projects.

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ECONOMY
Lululemon CEO Calvin McDonald to Depart Amid Sales Challenges and Leadership Transition

Lululemon's CEO Calvin McDonald is stepping down as the brand faces sales challenges and management changes.

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ECONOMY
Do Kwon sentenced to 15 years for fraud causing $40 billion crypto collapse

Do Kwon receives a 15-year prison sentence for misleading investors in a fraud scheme tied to the $40 billion TerraUSD collapse.

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ECONOMY
Federal Reserve Cuts Rates and Hints at Future Pause Amid Economic Uncertainty

The Federal Reserve has cut rates while signaling a possible pause in future reductions amid economic uncertainties.

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ECONOMY
Mexico Approves Up to 50% Tariffs on Imports from China and India

Mexico's new tariff regime affects imports from China and India, primarily targeting the automotive and manufacturing sectors.

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ECONOMY
US Trade Deficit Falls to Five-Year Low Amid Strong Exports and Tariff Changes

The US trade deficit narrowed to its lowest level in five years due to rising exports and changes in tariffs.

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