TOP BUSINESS

Tesla Cybertruck Sales Crash 62%, Legal Storm Brewing

Tesla’s Cybertruck, once promoted as an “apocalypse-proof” vehicle by CEO Elon Musk, is facing a severe decline in demand. According to data from Cox Automotive, Tesla sold just 5,400 Cybertrucks in the most recent quarter—a dramatic 62.6% drop from the same period last year.

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Netherlands Takes Control of Chinese-Owned Chipmaker, Security Fears

The Dutch government has stepped in to take control of semiconductor firm Nexperia, citing “highly exceptional” risks to European economic security stemming from the company’s Chinese ownership and governance gaps. Nexperia, based in Nijmegen in the Netherlands, is owned by China’s Wingtech Technology.

JPMorgan Drops $1.5 Trillion to Boost Economic Security

JPMorgan Chase announced a $1.5 trillion initiative to "facilitate, finance and invest" in industries critical to the nation's "economic security and resiliency."

Gold Rush at Costco: What Last Year’s Gold Bar is Worth Today

Costco’s gold bars were a surprise hit in 2024, flying off virtual shelves as Americans turned to hard assets in uncertain economic times.

North Carolina Sports Betting Scores $12M in September Revenue

North Carolina’s legal sports betting industry saw a major boost in September, generating more than $12 million in tax revenue — the fifth-highest month since wagering launched in 2024. The surge was driven by the return of NFL and college football, which revived betting activity after a slower summer season.