Ascend Elements Files Bankruptcy After DOE Cancels $316 Million Kentucky Battery Grant

Ascend Elements filed Chapter 11 to restructure finances while advancing Kentucky plant.

Prohibition Expanded Women’s Economic and Social Opportunities in the 1920s

Tesla Revives Plans for Smaller, Affordable Compact SUV in China

Tesla developing a smaller, cheaper electric SUV below Model Y.

Canva Acquires AI Startups Simtheory and Ortto, Accelerating Shift to AI Work Platform

Canva acquires Simtheory and Ortto to become an AI-powered end-to-end work platform.

Pershing Square Launches $64B Takeover Bid for Universal Music

Bid values Universal Music at about $64.4 billion in cash-and-stock terms.

Saudi Arabia Expands Saudization to 69 Administrative Roles from April 2026

69 private-sector administrative roles localized to 100% Saudi nationals starting April 5, 2026.

Used EV Sales Surge 12% as Prices Plunge and Lease Returns Flood Market

July 2025 new EV sales reached 130,082 units.

Red Sea fix? China-bound oil tankers tap Saudi plan to bypass Strait of Hormuz

Saudi activates Red Sea Plan B to divert crude via Yanbu, bypassing Hormuz.

World Gold Council: Central Banks Split on Gold Policies After U.S.-Israel Escalation Toward Iran

Tesla Ends Model S and Model X Production, Shifts to Cybercab and Optimus

Tesla ended Model S and X production; custom orders closed; only remaining inventory.

Anthropic Surges Past OpenAI as Hottest Private Market Trade

SpaceX IPO looming could drain billions in liquidity from AI startups.

UK Marmalade Must Be Sold As Citrus Marmalade Under EU Deal

Marmalade must be labeled citrus marmalade under the post-Brexit EU deal.

Rome Court Rules Netflix Price Hikes Unlawful, Orders Millions In Refunds

Rome court ruled Netflix price increases in Italy (2017–2024) unlawful, ordering refunds up to €500.

Tesla Ends Model S and X Production, Shifts Fremont to Optimize Robots

Model S and Model X production ends in 2026.

Saltchuk Completes $1.5 Billion Acquisition of Great Lakes Dredge & Dock

Saltchuk paid $17 per share in cash for GLDD.

Rightmove Faces 1.5 Billion Pound Class Action Over Excessive Fees

Rightmove faces a £1.5 billion opt-out class action at the Competition Appeal Tribunal.

IEA Chief Warns April Energy Supply Losses Will Double March

April oil supply losses expected to double March levels.

UAE residents maintain daily life amid regional tensions

Lille Métropole Commercial Court Places Ziegler France And Satra In Liquidation, 1,400–1,500 Jobs At Risk