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Woven City: Toyota's Billion-Dollar Testbed for Automated Living

Toyota's Woven City near Mount Fuji is testing futuristic technology in a living laboratory, aiming to revolutionize mobility, sustainability, and robotics.

Bain Capital Chosen as Preferred Buyer for Stake in Seven & i's Non-Core Assets

Japan's Seven & i Holdings picks Bain Capital to buy stake in non-core unit York Holdings, reportedly for over $4.7 billion.

Trump Steel Tariffs Could Make Apartments and Condos Even More Expensive

Trump's 25% steel tariffs threaten to further inflate construction costs and raise rents for apartments and condos, especially high-rise buildings. Developers may delay projects or seek exemptions as the US faces a housing shortage.

ECB could cut deposit rate to 2% by summer

The European Central Bank could cut its deposit rate to 2% by summer, says Bank of France head Francois Villeroy de Galhau.

Boeing's Aerospace Safety Chief Delaney to Retire

Boeing Chief Aerospace Safety Officer Mike Delaney to Retire Later This Year

Companies Scaling Back or Dropping DEI Initiatives

A growing number of prominent companies have scaled back or set aside their diversity, equity and inclusion initiatives in response to conservative pressure and executive orders. This includes Pepsi, Goldman Sachs, Google, Target, Meta Platforms, Amazon, McDonald's, Walmart, Ford, Lowe's, Harley-Davidson, Brown-Forman, John Deere, and Tractor Supply.

US Justice Department Probes UnitedHealth Medicare Billing

Justice Department investigates UnitedHealth's Medicare billing practices, sending its stock plummeting.

UnitedHealth Plunges 13% on DOJ Medicare Billing Probe

UnitedHealth Group stock plunged as much as 13% after the WSJ reported an investigation by the DOJ into its Medicare billing practices, adding to multiple ongoing probes.

Proposed U.S. Oil Tariffs Could Cost Foreign Producers $10 Billion Annually

Proposed 10% U.S. oil tariff to cost foreign producers $10 billion annually, as American refiners remain primary destination for heavy crude due to advanced capabilities and low costs

CVS Cuts Bonuses Amid Medicare Woes

CVS Health has cut bonuses for some employees due to low profit levels in 2024, driven by higher costs in Medicare plans and increased healthcare expenses.