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ECONOMY
China Imposes Lower Anti-Dumping Duties on EU Pork Imports After Long Investigation

China has announced a new tariffs framework on EU pork imports, imposing lower rates after an 18-month investigation into dumping practices.

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ECONOMY
Elon Musk becomes the first person to achieve a net worth exceeding $600 billion amid SpaceX's IPO preparations

Elon Musk has made history as the first individual to exceed $600 billion in net worth, driven by SpaceX and Tesla's valuations.

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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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