US President Joe Biden has called for a tripling of tariffs on Chinese steel and aluminum imports, echoing former President Donald Trump's levies on various Chinese goods. The proposal aims to address trade imbalances and protect American industries.

Source: https://www.businessinsider.com/

Tesla's sales have slowed despite price cuts, leading to layoffs of 14,000 workers (10% of its workforce) globally. The company has also recalled all Cybertruck units shipped and faces challenges in China, a crucial market. The layoffs affect locations from Shanghai to San Jose.

Source: https://www.businessinsider.com/

Kering expects a 45% decline in first half-year operating income due to Asia's consumer slowdown. Gucci, its largest brand, saw an 18% revenue drop, mainly in Asia. The luxury goods market in China is struggling, affecting Kering more than its peers.

Source: https://www.businessinsider.com/

The US produces 40 million tons of plastic waste annually, equivalent to covering Manhattan a meter deep. Previously, most of it was dumped in landfills or exported to China, but the country has since stopped accepting US plastic waste.

Source: https://www.businessinsider.com/

A social experiment tested AI chatbots Replika and Rizz in romantic settings. Users went on virtual dates with the chatbots, with Rizz using AI to write witty pickup lines. No specific statistics or locations mentioned.

Source: https://www.businessinsider.com/

Richard Gadd's play 'Baby Reindeer' is based on his own experience of being stalked and sexually abused. Gadd plays a version of himself in the show, concealing the identities of his stalker and abuser. He has asked the public to stop trying to identify the real-life individuals involved.

Source: https://www.businessinsider.com/

Navan, a $9.2 billion travel and expense platform, plans to go public in April 2025. The company aims to demonstrate its strength before listing, with projected $1 billion annual recurring revenue and 40% EBITA growth by the end of 2025.

Source: https://www.businessinsider.com/

The US Senate passed a bill providing aid to Ukraine, Israel, and Taiwan, and mandating the sale of TikTok. The bill received 15 Republican and 3 Democratic opposition votes. It now heads to President Biden's desk for signature.

Source: https://www.businessinsider.com/

Morgan Stanley's analysts have listed 11 stocks with upside potential based on Q1 2024 earnings data. The stocks have a combined upside of [amount] to their price targets. The bank's analysts believe these stocks will jump on earnings reports, citing outperformance in the prior quarter or stronger revenue guidance.

Source: https://www.businessinsider.com/

Karen Edwards has traveled to 93 countries, with 57 of those trips taken with her young children. The family has preferred exploring lesser-known destinations, enjoying safari tours in Tanzania and vibrant festivals in Abu Dhabi.

Source: https://www.businessinsider.com/