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Europe’s EV Boom Leaves Tesla Struggling—Why That Matters for the U.S. Automaker

In April 2025, sales of battery-electric vehicles (BEVs) across Europe surged nearly 28 percent year-on-year, yet Tesla’s deliveries in the region plummeted by almost half compared with the same month a year earlier. As rivals from Volkswagen to Chinese newcomer BYD ramp up production and cut...

Consumers File Class Action Lawsuit Against Amazon for Selling Arsenic-Contaminated Rice

Amazon.com is facing a proposed class action lawsuit in federal court for allegedly offering rice products tainted with dangerous levels of arsenic, cadmium, lead and mercury. The complaint, filed last week in Seattle, singles out 18 varieties of rice sold through Amazon’s online...

M&S’s Protracted Cyber Recovery: Assessing Long‑Term Ramifications

A month after a sophisticated ransomware breach crippled Marks & Spencer’s (M\&S) digital infrastructure, the storied British retailer remains locked in a painstaking recovery process. Though its physical stores continue to trade—and some systems have been gradually restored—M\&S has...

Blackstone Seizes Opportunity in U.S. Power Surge with TXNM Energy Acquisition

Blackstone Infrastructure’s decision to acquire TXNM Energy in an $11.5 billion all‐cash transaction underscores the firm’s strategic bet on a persistent rise in U.S. electricity demand. Fueled by data‐center expansion, the electrification of transportation, and an accelerating shift toward...

India’s Struggling Telecom Giant Vodafone Idea Turns to Supreme Court as Debt Burden and Market Pressures Mount

Vodafone Idea, India’s third‑largest telecom operator, has petitioned the Supreme Court for relief after the government refused to waive more than $5 billion in interest and penalties on outstanding dues. The company’s move comes amid a protracted financial crisis driven by a landmark 2019 judicial...

Walmart Confronts Unprecedented Pressure as Trump Demands Price Restraint

President Donald Trump’s recent directive to Walmart—to “eat the tariffs” rather than pass higher import levies on to consumers—has sent shockwaves through the retail industry. With tariffs on Chinese electronics, produce from Latin America and Canada, and a host of everyday essentials still...

Novo Nordisk Should Weigh U.S. Talent Pool as It Seeks Next Chief Executive

As Novo Nordisk embarks on the search for a successor to outgoing CEO Lars Fruergaard Jorgensen, industry insiders argue the Danish pharmaceutical titan should cast its net across the Atlantic. With the United States accounting for more than half of its revenue—driven largely by the blockbuster...

Severe $400 Million Cyberattack Loss Forces Coinbase to Reevaluate Strategy and Fortify Defenses

Coinbase, one of the world’s largest cryptocurrency exchanges, disclosed that a sophisticated cyberattack could cost the company between \$180 million and \$400 million, igniting concerns over its financial resilience, regulatory posture and customer confidence. In a terse regulatory filing on...

U.S. Aviation Boost as $14.5 Billion Etihad Deal Signals Surge in Boeing Exports and Jobs

The White House on May 15 unveiled a landmark commitment by Etihad Airways to purchase 28 wide‐body Boeing aircraft equipped with General Electric engines, a transaction valued at \$14.5 billion that underscores the deepening commercial aerospace ties between the United States and the United Arab...

Alibaba Revenue Falls Short Amid Consumer Caution, Price Wars and Heavy Investments

Alibaba Group Holding Ltd. reported quarterly revenue of 236.45 billion yuan for the fiscal fourth quarter ended March 31, narrowly missing analysts’ consensus estimate of 237.24 billion yuan. The shortfall—though modest in headline terms—underscored deepening challenges facing China’s largest...

Walmart Signals Price Hikes Ahead Amid Mounting Tariff Pressure and Rising Costs

Walmart, the world’s largest retailer, warned investors this week that its famed “Everyday Low Price” pledge is under increasing strain as a barrage of U.S. tariffs and surging operating expenses force the company to reconsider how long it can shield shoppers from higher costs. Speaking alongside...

Foxconn Downgrades Full-Year Outlook as U.S. Tariff Threat Casts Shadow Over AI Boom

Taiwanese contract electronics giant Foxconn has revised down its full-year financial outlook, citing mounting uncertainty over U.S. tariff policies even as the company basks in surging demand for artificial-intelligence server components. The world’s largest electronics assembler—best known for...
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