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Porsche and BMW are the latest automakers to report sliding sales in China.The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors.Volkswagen, Toyota, and Honda have all suffered, and GM took a $5 billion hit on its Chinese business.Porsche and BMW have become…
Dr. Joel Warsh is a pediatrician based in Studio City.He’s also dad to two boys, a 5-year-old and 10-month-old.His family had to evacuate their house early Wednesday morning.This as-told-to essay is based on a conversation with Dr. Joel Warsh, a pediatrician with Integrative Pediatrics and Medicine in Los Angeles. It…
The Los Angeles wildfires could cause up to $57 billion in damage, Accuweather estimates.The fires are destroying expensive real estate in Santa Monica, Malibu, and other neighborhoods.Insurance providers like State Farm pulled new coverage before the fire due to catastrophe risks.The Los Angeles wildfires could cost between $52 billion and…
Advertising took over the streaming-TV experience this year, and it’ll only get bigger next year.Interactive ads that try to get viewers to shop or take other actions are gaining traction.This article is part of “Transforming Business,” a series on the must-know leaders and trends impacting industries.It’s back to the future…
Eman and Kristine Vergara embraced minimalism to achieve financial independence.They shifted from high spending to saving 75% of their income by reducing expenses.The couple aim to travel with their kids while maintaining a frugal lifestyle at home.Seven years ago, Eman Vergara came across a book that had long collected dust…
Matt Guy moved to Japan in 2023 and bought a traditional house in a ski town for $6,000.He lives in the two-story house — that was built in the ’60s — with his Japanese partner.He hopes that people will not buy property in Japan solely because it’s cheap or trendy.Matt…
The high demand for advanced semiconductors is increasing tensions between the US and China.Production power is key to the conflict, but tensions have shifted to the supply of raw materials.Supply chain and foreign relations experts told BI why the AI race is similar to a new Cold War. In the…
SoftBank is the first to buy Nvidia’s Blackwell chips, the companies said Wednesday.The chips will power a supercomputer in Japan.The collab comes amid skyrocketing demand for Nvidia chips as companies scramble to secure supplies. SoftBank Group is the first customer to use Nvidia’s Blackwell chips, which will be used to…
Trump’s win is prompting some Americans to consider getting other residencies.Concerns include antisemitism, LGBTQ+ rights, and future stability for children.Residency firms said they received a surge in inquiries, especially from Democratic-leaning states. As Donald Trump readies his return to the White House, other Americans are plotting their exit strategies from…
Alex and Tim broke up before the weddings on “Love Is Blind” season seven.Tim told Alex he never wanted to see her again.Here’s a recap of what happened, and what they’ve both said about the breakup since filming. “Love Is Blind” season seven is almost at its end. With only…
