Business
Acura XL: Honda Retreats From EVs to Build a Massive Three-Row Hybrid SUV
Acura is answering dealer demands by developing a massive three-row hybrid SUV for 2029, officially pausing its EV ambitions to target the Lexus TX.
Business
Utz Brands Stock Surges 89% Following $2.9 Billion Intersnack Take-Private Deal
Utz Brands stock surged 89% after Germany's Intersnack Group announced a $2.9 billion take-private deal. Shareholders secure a 91% premium in the cash transaction.
Business
Hyundai Recalls 47,000 Kona SUVs After Supplier Ruins Seat Belt Parts
Hyundai is telling 47,000 Kona owners to stop using their rear center seat. A supplier overused a manufacturing die, shipping out seat belt buckles that fail crash tests.
Business
BlackRock Drives U.S. Bitcoin ETFs to Six-Day, $203M Inflow Streak
BlackRock's iShares Bitcoin Trust absorbed $164 million in a single day, driving a six-day $203 million inflow streak for U.S. spot Bitcoin ETFs.
Business
Balance Coin Stablecoin Collapses 99% After $915,000 Smart Contract Exploit
Balance Coin (BLC) lost its US dollar peg and crashed 99% to a fraction of a cent on Wednesday after an attacker minted 4.5 million unbacked tokens from a null address.
Business
Super Micro Stock Surges 20% After Q4 Profit Margins Unexpectedly Double
Shares of Super Micro Computer surged 20% after reporting a massive $60 billion Q4 order backlog and doubling its expected profit margins. CEO Charles Liang also highlighted a new SpaceX data center project.