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Sony, Honda unveil their new car brand at CES 2023

Jan 06, 2023 09:17 am UTC| Business Economy

Honda Motor Co. and Sony Group Corporation have previously signed a joint venture deal to produce electric vehicles. For their project, they have formed Sony Honda Mobility Inc. (SHM) and are now introducing their new...

Bed Bath and Beyond may fail to hold out, reportedly filing for bankruptcy soon

Jan 06, 2023 09:03 am UTC| Business Economy

Bed Bath and Beyond Inc. provided a business update on Thursday, Jan. 5, and revealed some losses. It also hinted that it might not survive in the harsh business industry with the way things are going for the...

General Motors beats Toyota to reclaim No. 1 spot in US with strong 2022 sales

Jan 06, 2023 08:57 am UTC| Business Economy

General Motors recovered its first-place ranking in terms of sales in the United States. The automaker took over the top spot from Toyota Motor Corp. after recording strong sales in 2022. With the 2.5% increase, General...

Apple to raise iPhone battery replacement cost

Jan 06, 2023 08:27 am UTC| Business Economy

Apple Inc. is raising the price of iPhone battery replacements and it will be up by $20. Starting March 1, the new price will be applied to battery replacements for all out-of-warranty iPhone models. Apple confirmed the...

LG Electronics, Magna reveals cooperation to develop autonomous driving solutions

Jan 06, 2023 07:34 am UTC| Business Economy

LG Electronics and Magna International Inc., a global mobility technology company that is also recognized as one of the largest suppliers in the automotive industry, have signed an agreement to work together on the...

SK showcases net-zero technologies

Jan 05, 2023 23:35 pm UTC| Nature Economy Business

South Koreas SK is showcasing the present and future of low carbon emission technologies, including over 40 net-zero technologies, at the four-day annual tech show CES in Las Vegas. Tne groups products on display at its...

McDonald’s trials contactless fast food outlet in Texas

Jan 05, 2023 23:20 pm UTC| Life Economy Business

McDonalds is testing an automated system in Fort Worth,Texas that lets customers order, pay for and collect food and beverages via touchscreens. Dubbed Order Ahead Lane, the service is both for drive-through customers...

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Economy

Trump Delays Tariff Increases on Furniture and Cabinets for One More Year

U.S. President Donald Trump signed a proclamation on Wednesday to delay planned tariff increases on upholstered furniture, kitchen cabinets, and bathroom vanities for an additional year, according to a statement from the...

USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers

The U.S. Department of Agriculture (USDA) has released new details on a $12 billion farm aid program aimed at supporting American farmers struggling with low crop prices and ongoing trade disputes. While the initiative is...

Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy

Two of Japans most influential business lobbying groups have called on the government to address the prolonged weakness of the yen, warning that the depreciating currency is driving up import costs, fueling inflation, and...

South Korea Exports Hit Record High as Global Trade Momentum Builds

South Koreas exports surged for a seventh straight month in December, closing out 2025 at an all-time high and surpassing the $700 billion mark for the first time, according to official government data released on...

U.S. Stock Futures Slip as Year-End Trading Turns Cautious

U.S. stock index futures edged lower on Tuesday evening as investors prepared for the final trading session of the year, with market sentiment dampened by thin liquidity, lingering Federal Reserve uncertainty, and fading...

Politics

Trump Administration Lifts Sanctions on Three Intellexa-Linked Executives

The administration of President Donald Trump has lifted U.S. sanctions on three executives previously linked to the controversial spyware consortium Intellexa, according to a notice published on the U.S. Treasury...

U.S. Intelligence Disputes Russia’s Claim of Ukrainian Drone Attack on Putin

U.S. national security officials have concluded that Ukraine did not attempt to assassinate Russian President Vladimir Putin or target one of his residences in a recent drone incident, according to a Wall Street Journal...

Pentagon Awards $328.5 Million Lockheed Martin Contract to Support Taiwan Air Force Amid Rising Tensions

The United States Department of Defense announced on Wednesday that Lockheed Martin has been awarded a major contract tied to foreign military sales to Taiwan, aimed at addressing what Washington describes as an urgent...

Trump Administration Clarifies Minnesota Childcare Funding Status Amid Fraud Claims

A day after senior officials in the Trump administration suggested that federal childcare funds for Minnesota had been frozen, the U.S. Department of Health and Human Services (HHS) clarified that no such freeze had...

UN Condemns Israel’s Move to Cut Utilities to UNRWA Facilities

United Nations Secretary-General António Guterres has strongly condemned Israels reported move to ban electricity and water supplies to facilities operated by the United Nations Relief and Works Agency for Palestine...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Neuralink Plans Automated Brain Implant Surgeries and Mass Production by 2026

Elon Musks brain-computer interface startup Neuralink is preparing for a major expansion, with plans to begin high-volume production of its brain implant devices and transition to fully automated surgical procedures in...

SoftBank Completes $41 Billion OpenAI Investment in Historic AI Funding Round

SoftBank Group has officially completed a massive $41 billion investment in OpenAI, marking one of the largest private funding rounds in global technology history. The deal gives the Japanese conglomerate an estimated 11%...

Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power

Elon Musk announced on Tuesday that his artificial intelligence startup, xAI, has acquired a third building to further expand its computing infrastructure, signaling a major step in the companys effort to compete with...

ByteDance Plans Massive AI Chip Spending Boost as Nvidia Demand Grows in China

Chinas technology giant ByteDance is preparing to significantly ramp up its artificial intelligence investment, with plans to spend about 100 billion yuan (approximately $14 billion) on AI chips in 2026, according to a...

Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026

Samsung Electronics has obtained an annual licence from the United States government that allows the South Korean technology giant to import critical semiconductor manufacturing equipment into its China-based facilities...