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The Taiwan Test

Caught between two superpowers, Taiwan stands to be the world’s most dangerous flash point.The island democracy of 23.2 million people knows its precarious position. For the last four decades, the global semiconductor hub has conducted annual military drills focused on staving off a cross-strait invasion by Beijing, which considers the island part of its territory and refuses to rule out a seizure by military force.The Han Kuang exercises, originally meant to display Taiwan’s mettle to…

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Business

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Zoox announced Thursday that its driverless robotaxis will begin transporting passengers to and from Harry Reid International Airport in Las Vegas, marking the company’s first airport service. The Amazon-owned company told FOX Business that, beginning Thursday, riders can book trips between Harry Reid International Airport and the Las Vegas Strip.”Bringing…

Markets

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Volkswagen plans 50,000 more job cuts amid biggest overhaul in its history

Volkswagen plans to cut roughly 50,000 more jobs worldwide.On Thursday, the company’s supervisory board approved its “Future Plan 2030,” a 12-part restructuring effort that Volkswagen calls the “most extensive transformation program” in its history.Volkswagen said a “fundamental adjustment” of its global workforce — including management roles — will be necessary…

Investing

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