
Stellantis to End Plug-In Hybrid Sales in the U.S. as Demand Shifts Toward Traditional Hybrids
Jan 10, 2026 02:28 am UTC| Business
Stellantis, the parent company of Chrysler and Jeep, announced that it will stop selling plug-in hybrid electric vehicles (PHEVs) in the United States starting with the 2026 model year, marking a significant shift in its...

FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites
Jan 10, 2026 02:26 am UTC| Governance Business Technology
The U.S. Federal Communications Commission (FCC) has approved SpaceXs request to deploy an additional 7,500 second-generation Starlink satellites, marking a major step forward in the companys mission to expand global...

Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026
Jan 10, 2026 02:08 am UTC| Politics Governance Business
U.S. President Donald Trump has renewed attention on consumer finance policy after publicly calling for a one-year cap on credit card interest rates at 10%, set to begin on January 20, 2026. The announcement, made via his...

Chevron Sees Path to Boost Venezuela Oil Output by 50% After Trump Administration Talks
Jan 10, 2026 01:59 am UTC| Politics Business
U.S. Energy Secretary Chris Wright said Friday that Chevron has identified a clear pathway to significantly expand its oil production in Venezuela, potentially increasing output by 50% over the next 18 to 24 months. His...

Trump Pushes $100 Billion U.S. Oil Investment Plan for Venezuela After Maduro Seizure
Jan 10, 2026 01:56 am UTC| Politics Economy Business
U.S. President Donald Trump met with executives from major American and international oil companies at the White House on Friday to promote a bold plan aimed at reviving Venezuelas oil industry through up to $100 billion...

UBS Upgrades L’Oréal to Buy, Sees Strong Sales Momentum and 20% Upside
Jan 09, 2026 08:48 am UTC| Business
UBS has upgraded LOréal SA (EPA: OREP) to a buy rating from neutral, citing accelerating sales momentum, improving market share trends, and a reduced risk profile for the worlds largest cosmetics company. The...

Hanwha Ocean Shares Rise on Plans to Expand U.S. Shipbuilding Capacity
Jan 09, 2026 05:53 am UTC| Business
Shares of South Koreas Hanwha Ocean surged on Friday after a report revealed the company is in discussions to significantly expand its shipbuilding footprint in the United States. According to The Wall Street Journal,...