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Business

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Akio Toyoda’s real estate firm to buy Toyota industries
Toyota to take key supplier private in $26 billion deal

TOKYO, Japan: Toyota has announced that it will take one of its key group suppliers, Toyota Industries, private in a deal worth UD$26...

U.S. stock markets slip after Tesla dives more than 14 percent
Wall Street slides after Trump says Elon Musk has gone crazy

NEW YORK, New York - U.S. stocks fell Thursday after the feud between U.S. President Donald Trump and his biggest backer Elon Musk...

Wage boost in Australia as inflation falls and economy stabilizes
2.6 million low-income Australian workers to benefit from pay hike

SYDNEY, Australia: Australia's independent wage-setting body, the Fair Work Commission (FWC), has announced a 3.5 percent increase...

Shareholder deal forces Google to revamp compliance for $500M
Google to spend $500M on compliance in shareholder lawsuit

MOUNTAIN VIEW, California: To settle a major shareholder lawsuit, Google is writing a US$500 million check — not for damages, but to...

Spain's short-term rentals up 25% despite crackdown attempts
Tourist rentals soar in Spain, outpacing official clampdowns

MADRID, Spain: Spain's push to curb short-term tourist rentals is being outpaced by the market's explosive growth, new data shows —...

U.S. stock markets diverge as economic data disappoints
Wall Street ends mixed after disappointing ADP report

NEW YORK, New York -  U.S. stocks were mixed Wednesday as investors and traders grappled with the ADP report, which revealed payrolls...

California

Section
Shareholder deal forces Google to revamp compliance for $500M
Google to spend $500M on compliance in shareholder lawsuit

MOUNTAIN VIEW, California: To settle a major shareholder lawsuit, Google is writing a US$500 million check — not for damages, but to...

U.S. layoffs rise, profits fall as tariff concerns cloud outlook
Jobless claims surge as corporate profits slump in first quarter

WASHINGTON, D.C.: A sharp rise in jobless claims and a slump in corporate profits are adding fresh signs of strain in the U.S. economy,...

Elf beauty buys Hailey Bieber's Rhode in $1 billion Deal
Hailey Bieber sells makeup brand Rhode to Elf Beauty for $1 billion

LOS ANGELES, California: Model Hailey Bieber's skincare and makeup brand, Rhode, is being bought by Elf Beauty for around US$1 billion....

Judge Arun Subramanianthreatens to remove Sean 'Diddy' Combs from US court, here is why
Judge Arun Subramanianthreatens to remove Sean 'Diddy' Combs from US court, here is why

Washington DC [US], June 6 (ANI): Sean 'Diddy' Combs has been threatened to be removed from court by the judge presiding over the ongoing...

'Ready Or Not 2: Here I Come' to release on this date
'Ready Or Not 2: Here I Come' to release on this date

Washington DC [US], June 6 (ANI): The makers of the 2019 horror film 'Ready or Not' have announced the release date of its sequel....

Column: Tariffs won't fix U.S. autos, fair and positive competition might
Column: Tariffs won't fix U.S. autos, fair and positive competition might

More competition, not less, could offer a way forward for both American consumers and automakers. Fair and positive competition is...