Tencent, known as one of the world’s largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billion.
Meta shares are down more than 20% on Thursday, the second time this year they’ve collapsed after an earnings report.
The Biden administration asked the Supreme Court on Friday to lift an injunction on its student loan forgiveness plan.
Washington, D.C., is poised to be the next major city to eliminate bus fares as the zero-fare transit movement picks up speed in the U.S.
Rivian said it remains open to exploring future work with Mercedes-Benz “at a more appropriate time.”
People in China are moving past the pandemic and going out to travel, preliminary data for the Lunar New Year holiday show.
Nonfarm payrolls were expected to increase by 205,000 in October, according to Dow Jones estimates.
Republican House leader Rep. Kevin McCarthy appeared no closer Wednesday to securing the 218 votes he needs to be elected speaker.
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