Uber invested in the U.S. IPOs of both Pony AI and WeRide, and the new investments reported by Bloomberg would deepen ties with the Chinese robotaxi firms.
October 28, 2025Latest News Updates From Bloomberg News
Amazon to Lay Off 30,000 as Cost Pressures Mount
CEO Andy Jassy previously signaled that Amazon’s workforce would get smaller as the company increases its use of artificial intelligence to complete tasks normally handled by people.Â
October 27, 2025Soybeans Surge as US-China Talks Spur Hope for Trade Revival
Agricultural trade was among a range of issues that American and Chinese negotiators said they came to terms on, setting the table for leaders Donald Trump and Xi Jinping to finalize a deal.
October 27, 2025China’s $1B of Daily US Exports Gives Xi Bargaining Power
Tariffs appear somewhat limited in their ability to control what American firms import, as China’s sway over sectors such as rare earths and electronics makes its products hard to dislodge.
October 22, 2025Trump Lists Top Demands on China Before Trade Talks Resume
The president listed rare earths, fentanyl and soybeans as the U.S.’s top issues with China just before the two sides return to the negotiating table this week in Malaysia.Â
October 20, 2025White House Details Trump’s New Truck Tariffs
Truck imports that qualify for relief under the U.S.-Canada-Mexico trade agreement will be exempt from the charges, but not buses, according to the fact sheet.
October 18, 2025Kentucky — and Its Ford Plant — on Front Lines of Trade War
Sen. Rand Paul says constituents tell him "tariffs are killing the bourbon industry" and "the cargo transport industry."
October 14, 2025First Brands CEO Patrick James Resigns After Bankruptcy
The work of untangling the company’s finances is left to Charles Moore, a restructuring expert hired last month during rushed negotiations between the company and its top creditors.
October 14, 2025First Brands Exposure of $1.75 Billion Hits Japanese Venture
A joint venture between Norinchukin Bank and Japanese trading house Mitsui & Co. faces $1.75 billion of exposure to bankrupt auto parts supplier First Brands Group, court documents show.
October 9, 2025Stellantis Plans $10 Billion in US Investments, Reports Say
Stellantis is focused on reclaiming the success of the Jeep brand and considering fresh investment into Dodge, which could result in a new Dodge V8 muscle car, and possibly the Chrysler brand.
October 6, 2025Trending
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