2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught

BYD Shares Soar Most In 13 Months As Chinese EV Push Into Americas Accelerates Shares of Chinese EV maker BYD surged the most in 13 months after a report that its factory in Bahia, Brazil, a former Ford Motor plant, secured export orders for about 100,000 vehicles from Argentina and Mexico. This development suggests BYD's strategy to localize production in South America is still in its early stages and set to flood the continent with Chinese EVs.   Bloomberg quoted Macquarie Capital analyst Eugene Hsiao, who said the local Chinese media...

Ship Orders From South Korea Are Surging Thanks To U.S. Fees On Chinese-Made Ships South Korea is tightening the race with China in global shipbuilding after U.S. plans to curb Chinese-built vessels disrupted order flows and redirected demand , according to Nikkei.  Worldwide new orders fell 27% in 2025 to 56.42 million compensated gross tonnage (CGT) — the first annual drop in two years — according to U.K.-based Clarksons Research. China remained No. 1 but saw orders tumble 35% to 35.36 million CGT, shrinking its share to 62.7%. South Korea, ranked second,...

Jack Smith's Secret Orders Targeting Patel And Wiles Should Alarm Us All Authored by Jonathan Turley, Former Special Counsel Jack Smith has long operated under Oscar Wilde’s rule that “the only way to get rid of a temptation is to yield to it.”  Over the last few months, the public has learned of a wide array of secret orders targeting members of Congress, Trump allies, and others. Now, the Administration has learned that FBI Director Kash Patel and White House Susie Wiles were also targeted by Smith in 2022 and 2023 when they...