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BMW Ends Subscription Fee for Hardware-Based Features
BMW (BMW.DE) has reversed its stance on a contentious practice of charging a monthly fee for activating hardware-based features in its vehicles, such as heated...
Apple Stock Value Drops $200 Billion on China Concerns
In a surprising turn of events, Apple finds itself grappling with a technical issue that has sent its stock value plummeting over 6% in the...
Kroger Incurs Loss Due to $1.4B Opioid Settlement Charge
Kroger, one of the largest supermarket chains in the United States, disclosed a net loss for the quarter on Friday, attributing the downturn to a...
Labor Standoff Hits Chevron LNG in Australia
Chevron grapples with a labor standoff at its pivotal liquefied natural gas (LNG) sites in Australia, as talks between the company and union workers falter....
Brent Crude Oil Surpasses $90 Mark, OPEC+ Extends Supply Cuts
In a significant development, Brent crude oil surged past the $90 per barrel mark on Friday, propelled by the resolute stance of OPEC+ leaders, Saudi...
Nasdaq Stock Dips 1% on China’s Apple Ban Blow
In a turbulent trading session on Thursday, the Nasdaq stock exchange experienced a significant downturn, primarily driven by the decline of tech behemoth Apple. The...
Payment Systems Choked by Big Tech, CFPB Director Warns
Rohit Chopra, the Director of the Consumer Financial Protection Bureau (CFPB), didn’t mince words during a fintech conference hosted by the Philadelphia Federal Reserve on...
Federal Reserve Study: China’s Impact on Global Markets
In a recent string of assurances, experts have downplayed the potential impact of China’s stumbling economic recovery on the United States. However, a little-known 2019...
ChatGPT: Monthly Website Visits Drop 3.2% in August
OpenAI’s ChatGPT, the highly popular artificial intelligence chatbot that took the internet by storm upon its launch in November, has witnessed a continuous decline in...
IMF, G20 Craft Roadmap to Shield Stability from Cryptoassets
Global financial regulators, in conjunction with the International Monetary Fund (IMF), unveiled a comprehensive roadmap on Thursday, delineating strategic measures aimed at safeguarding macroeconomic and...
