
LG Chem settling trade violation suit against SK Innovation
Aug 01, 2020 15:51 pm UTC| Business
LG Chem is settling a trade secret violation suit against the SK Innovation and anticipates a resolution before October. The US International Trade Commission (ITC) made a default judgment in favor of LG Chem in March,...

Trump expected to order TikTok to sell US operations
Aug 01, 2020 15:47 pm UTC| Business
US President Donald Trump is expected to sign an order forcing Chinese company ByteDance to sell its US operations of TikTok. There are concerns that the Chinese-owned TikTok may be a national security risk. The US...
Aug 01, 2020 15:46 pm UTC| Business
The success of any blockchain project is first tied to the solidity of its technology and secondly to the strength of the community rallying behind it. Projects would be able to pull up large followers only if they are...

Chinese EV maker Xpeng gets another $300-M infusion from investors
Aug 01, 2020 15:35 pm UTC| Business
Chinese electric vehicle maker Xpeng Motors raised an additional $300 million from investors, including Qatars sovereign wealth fund, Qatar Investment Authority. The Alibaba Group-backed Xpeng had raised around $500...

UK's Burberry and China's Tencent collaborate for social retail store
Aug 01, 2020 15:06 pm UTC| Business
British retailer Burberry has tied up with Chinas tech giant Tencent to launch a social media-anchored luxury concept store dubbed social retail store that opened on Friday in Shenzhen, China. Tencents WeChat, Chinas...
Business major fails to attract Latino students
Aug 01, 2020 14:53 pm UTC| Business
The COVID-19 pandemic exposed the inequity of the U.S. economy toward minority racial and ethnic groups. Research shows that successful entrepreneurship can help reduce the racial wealth disparity, especially for the...

Post-COVID, there'll be less of a reason to cut company tax than before
Aug 01, 2020 14:46 pm UTC| Business
Theyre at it again, pushing lower company tax as a way to resuscitate the economy. The arguments were well ventilated at the time the government pushed for company tax cuts, failed to get support in the Senate, and then...