Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
SsangYong Motor Co has sold its local after-sales service center in Guro, Seoul, for 180 billion won to local asset management firm PIA to help it survive a liquidity crunch.
The South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., explained that the sale of the non-core asset is part of its efforts to improve its financial status and secure funds for investments.
The sale and lease-back deal will allow SsangYong Motor Co to use the Guro service center for three years.
SsangYong Motor's struggled due to a lack of fresh capital from its parent firm and declining sales caused by a lack of new models.
Mahindra announced early this year it would infuse 230 billion won into SsangYong for the next three years. Still, its board voted against the investment plan with the COVID-19 outbreak hampering vehicle sales worldwide.
Instead, Mahindra offered a one-time infusion of up to 40 billion won over the next three months.
Still, SsangYong's fate hangs in the balance, depending on vehicle sales.
From January to April, the company's sales plunged 33 percent to 30,952 units from 45,908 last year.
