Canada Inquirer

BYD unleashes an EV industry reckoning that alarms Beijing thumbnail
Canada Inquirer

BYD unleashes an EV industry reckoning that alarms Beijing

“What you’re seeing in China is disturbing, because there’s a lack of demand and extreme price cutting.” The price war engulfing China’s electric...

Trump warns of ‘troops everywhere’ and vows to charge any California officials who obstruct deportations thumbnail
Canada Inquirer

Trump warns of ‘troops everywhere’ and vows to charge any California officials who obstruct deportations

“We’re gonna have troops everywhere. We’re not going to let this happen to our country.” Tear gas was fired at protesters in Los...

Dow futures dip as stocks eye record highs ahead of U.S.&China talks and inflation reports thumbnail
Canada Inquirer

Dow futures dip as stocks eye record highs ahead of U.S.&China talks and inflation reports

A strong jobs report on Friday added more fuel to a rally that has lifted the S&P 500 to within 2.4% of its...

Nvidia’s chips are among the world’s hottest commodities. So why is the company likely trashing $4.5 billion worth of them?  thumbnail
Canada Inquirer

Nvidia’s chips are among the world’s hottest commodities. So why is the company likely trashing $4.5 billion worth of them? 

Nvidia’s options for the chips, originally destined for China, but since banned from export there, are limited. Nvidia’s blockbuster quarterly earnings last week...

Bessent says China has a ‘choice’ on whether or not to be a reliable partner thumbnail
Canada Inquirer

Bessent says China has a ‘choice’ on whether or not to be a reliable partner

Treasury Secretary Scott Bessent said Beijing has a choice on whether or not to be a dependable partner with the rest of the...

Markets tick up as Elon Musk blasts Trump tax bill as ‘disgusting’ thumbnail
Canada Inquirer

Markets tick up as Elon Musk blasts Trump tax bill as ‘disgusting’

Stocks rose ahead of a potential meeting between Trump and Xi Jinping. Stocks may be out of their tariff doldrums, but the U.S....

Disgraced former celebrity lawyer Tom Girardi must pay $2.3 million to the former clients he stole from thumbnail
Canada Inquirer

Disgraced former celebrity lawyer Tom Girardi must pay $2.3 million to the former clients he stole from

A federal judge sentenced disbarred celebrity lawyer Tom Girardi to seven years and three months in prison. A federal judge sentenced disbarred celebrity lawyer...

Red Bull heir transfers $1.1 billion stake to Geneva trust firm thumbnail
Canada Inquirer

Red Bull heir transfers $1.1 billion stake to Geneva trust firm

Chalerm Yoovidhya has kept his stake for around four decades as Red Bull became a roaring success. When an Austrian marketer and a...

Opinion | It’s time to invoke the U.S. Defense Production Act to support a new battery technology revolution thumbnail
Canada Inquirer

Opinion | It’s time to invoke the U.S. Defense Production Act to support a new battery technology revolution

“Drone dominance” for the U.S. military means relying on China’s supply chains—but there’s an alternative. A global defense revolution is underway based on...

Crypto market soars past $4 trillion and Coinbase notches record—but traditional stocks flatline thumbnail
Canada Inquirer

Crypto market soars past $4 trillion and Coinbase notches record—but traditional stocks flatline

After Congress passed landmark crypto legislation Thursday, shares of crypto-related companies skyrocketed, but the larger market dipped on Trump tariff news. The cryptocurrency...