Waymo, Alphabet's autonomous driving unit, is in discussions to raise more than $15 billion at a valuation near $100 billion, in a financing round led by its parent company.
December 17, 2025Latest News Updates From Bloomberg News
California Set to Suspend Tesla Sales Over Autopilot
The California Department of Motor Vehicles said Dec. 16 the suspension won’t take effect for 90 days to give Tesla time to appeal or come into compliance.
December 17, 2025Europe Backs Away From Total Combustion Engine Ban
Under the new proposal, tailpipe emissions will have to be reduced by 90% by the middle of the next decade compared with the current goal of a 100% reduction.
December 16, 2025Xi Warns Officials Against Superficial Economic Gains
Chinese leader Xi Jinping said officials should not only be assessed by the economic growth rate, but also their achievements in ensuring people’s well-being and maintaining stability.
December 15, 2025First Brands' Loan Value Sinks Further; Rescue Seen as Critical
Marathon Asset Management and others that provided First Brands Group with $1.1 billion are seeing the super-senior debt crater at a speed that bankruptcy experts say is unprecedented.
December 11, 2025Industry Reacts to English-Language Enforcement Crackdown
The language crackdown is part of a broader Trump administration campaign that’s upending the trucking industry, a critical pillar of the U.S. economy.
December 10, 2025First Brands Rushes to Stymie Panic as Loan Plunges to 63¢
Major First Brands investors have offloaded stakes in the bankrupt auto supplier’s debt, causing the value of its most senior loan to collapse and prompting it to pull forward a lender call.
December 9, 2025Mexico to Raise China Tariffs, Hopes for US Relief on Steel
Mexico’s Congress is set to vote this week on President Claudia Sheinbaum’s proposed tariffs on China, part of a broader plan to shield local producers and ease trade tensions with the U.S.
December 9, 2025Farmers Say Trump Aid Brings Relief but Not Recovery
“This is kind of a Band-Aid — we need more markets more than we need aid,” said Missouri farmer Marty Richardson, adding that he feels like 2026 will be just as bad as this year.
December 9, 2025Nvidia Wins Approval to Sell H200 Chips to China
President Trump granted Nvidia, America’s most-valuable company, permission Dec. 9 to export its high-end H200 chip to China, watering down years of U.S. national security safeguards.
December 9, 2025Trending
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