
S. Korea updates EV rules in line with technological advancements
Jan 15, 2021 14:34 pm UTC| Business
South Korea has adjusted regulations for eco-friendly vehicles to reflect technological advancements and reduced emissions targets. Early this week, the government put up a revision notice based on the Automobile...

Christopher & Banks to close all store outlets after filing for bankruptcy protection
Jan 15, 2021 10:59 am UTC| Business
Christopher Banks just filed for bankruptcy, and it is likely to shut down some or all of its stores soon. Just like the other companies that have already closed down, the main reason for this turn of events is the...

Jan 15, 2021 10:00 am UTC| Business
Dollar General wants to make sure that all of its staff members will get the COVID-19 vaccine. Thus, to give them a bit of push, the company announced a compensation plan for those who will receive the injection. The...

Google acquires Fitbit as US DOJ inquiry continues on antitrust law violation
Jan 15, 2021 09:25 am UTC| Business
Google recently completed its acquisition of the electronics and fitness company Fitbit. It was reported that the tech company and biggest search engine bought Fitbit for $2.1 billion. The sale was actually announced over...

Jan 15, 2021 09:08 am UTC| Business
Tesla is being asked by the National Highway Traffic Safety Administration to recall a total of 158,000 cars after finding issues with the vehicles central touchscreen displays. The NHTSA stated that it is defective after...

Jan 15, 2021 08:01 am UTC| Business
Carlos Ghosn appeared in Tokyo court on Jan. 14 and admitted that he stashed away a big amount of money that was part of his salary from Nissan. He explained the reason he did this was he was afraid that he would be...

Xi Jinping wants to restore ties with the US and calls on Starbucks for help
Jan 15, 2021 06:21 am UTC| Business Economy
Xi Jinping, the president of the Republic of China, reportedly called on Starbucks to help patch things up and restore its ties with the U.S. To be more exact, the Chinese president was said to have asked the former CEO of...