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Wed, Jan 14, 2026 01:00 AM All times are UTC

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Bed Bath & Beyond may declare bankruptcy this week, announces closure of 87 stores

Feb 01, 2023 07:10 am UTC| Business Economy

Bed Bath Beyond Inc. is reportedly very close to filing for bankruptcy and the earliest time is this week. But then the merchandise retail store chain may still avoid this if a buyer appears at the last minute. As...

Nike files lawsuit against Lululemon for alleged shoe design infringement

Feb 01, 2023 06:55 am UTC| Business Economy

Nike Inc. filed a lawsuit against Lululemon Athletica Inc. on Monday, Jan. 30, over alleged patent infringement of its shoe designs. The case was filed at the U.S. federal court in Manhattan, New York. In its complaint,...

Samsung to retain chip output despite plunging profits

Jan 31, 2023 23:56 pm UTC| Economy Business Technology

Samsung Electronics will retain its memory semiconductor production level despise plunging profits in the fourth quarter and will instead respond to chip demand, which it projects will recover in the future. Fourth...

Kakao Mobility to enter Laos this year

Jan 31, 2023 23:49 pm UTC| Economy Business Life

Kakao Mobility will establish a mobility platform in Laos and a service suited for the Laotian market this year with Vietnamese mobility firm LVMC Holdings. According to Kakao Mobility, they will continue to create...

Japan’s taxi industry accelerating EV shift

Jan 31, 2023 23:37 pm UTC| Economy Business Nature

Japanese taxi operators are replacing their gas-powered models with electric vehicles (EVs) as the government shifts toward decarbonization. Mobility Technologies Co., the Tokyo-based operator of taxi-booking app Go,...

Ford Motor announces price cuts on Mustang Mach-E electric car models

Jan 31, 2023 23:36 pm UTC| Business Economy

Ford Motor Company is lowering the prices of its Mustang Mach-E electric vehicles, just weeks after Tesla announced price cuts for its EVs. While the automaker is trimming the prices, it is increasing the production of its...

Coca-Cola to use new tethered caps in EU markets

Jan 31, 2023 23:30 pm UTC| Economy Business Nature

Coca-Cola will begin using a new tethered closure designed to remain intact with its PET bottle, making it less likely to be littered and more likely to be recycled. The lightweight, tethered closure was designed by...

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Economy

Chinese EV Stocks Surge as EU Signals Path to Avoid Import Tariffs

Shares of major Chinese electric vehicle (EV) manufacturers climbed sharply on Tuesday after the European Commission outlined conditions that could allow China-based automakers to avoid import tariffs in the European...

Asian Currencies Weaken as Yen Slides to One-Year Low Amid Oil Price Surge and U.S. Political Risks

Most Asian currencies declined on Tuesday, led by a sharp fall in the Japanese yen, as rising oil prices linked to unrest in Iran and renewed U.S. political and trade uncertainty dampened investor sentiment across the...

Trump Administration Faces Backlash Over Criminal Probe Into Fed Chair Jerome Powell

The Trump administrations decision to launch a criminal investigation into Federal Reserve Chair Jerome Powell has triggered strong criticism from former central bank leaders, Republican lawmakers, and global financial...

Asian Stocks Rise as Tech Rally and Japan Election Speculation Lift Markets

Asian stock markets advanced on Tuesday, led by strong gains in technology shares as optimism around artificial intelligence continued to drive investor sentiment. Japans Nikkei 225 index was the standout performer,...

Oil Prices Climb for Fourth Session as Iran Unrest and Supply Risks Fuel Market Fears

Oil prices continued to rise during Asian trading on Tuesday, extending gains for a fourth consecutive session as mounting geopolitical tensions and global supply disruption risks lifted market sentiment. Brent crude and...

Politics

NATO Discusses Arctic Security Measures as Greenland and U.S. Concerns Take Center Stage

NATO member countries are actively discussing the next steps to strengthen collective security in the Arctic, underscoring the regions growing strategic importance amid rising geopolitical tensions. NATO Secretary General...

Trump Administration Weighs Diplomacy and Military Options as Iran Nuclear Tensions Rise

Senior officials in President Donald Trumps administration are reportedly debating how best to respond to escalating tensions with Iran, as questions grow over Tehrans nuclear program and the possibility of U.S. military...

NYC Nurses Strike Shuts Down 10 Private Hospitals as 15,000 Demand Safer Staffing and Benefits

Thousands of New York City nurses walked off the job on Monday, launching a major nurses strike across 10 private hospitals to demand better staffing levels, stronger healthcare benefits, and protection from workplace...

AbbVie Commits $100 Billion to U.S. Investment in Drug Pricing Deal With Trump Administration

AbbVie has announced a major agreement with the U.S. government that could reshape drug pricing and pharmaceutical investment in the country. The company said it has entered into a three-year deal with President Donald...

Trump Warns of New Tariffs as Iran Protests Escalate and U.S.-Iran Tensions Rise

Tehran said it is keeping communication channels open with Washington as U.S. President Donald Trump weighs how to respond to Irans violent crackdown on nationwide protests, one of the most serious challenges to clerical...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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

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...

Technology

Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny

Nvidia has denied claims that it requires full upfront payments for its H200 artificial intelligence chips, pushing back against reports suggesting unusually strict sales terms for Chinese customers. In a statement issued...

Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes

U.S. President Donald Trump said Monday evening that his administration is working closely with major American technology companies to prevent the rising electricity costs of AI data centers from increasing household...

SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges

SK Hynix Inc, a key supplier to Nvidia and one of the worlds largest memory chipmakers, announced plans to invest 19 trillion won (approximately $13 billion) to build a cutting-edge chip packaging plant in South Korea,...

Starlink Internet Remains Active in Iran Despite Nationwide Blackout

Some Iranians continue to access the internet through Elon Musks Starlink satellite service despite a sweeping nationwide communications blackout, highlighting how satellite internet is increasingly used to bypass...

BESI Reports Strong Q4-25 Orders Surge Driven by Data Center and Hybrid Bonding Demand

BE Semiconductor Industries N.V. (Euronext: BESI), a leading Dutch semiconductor assembly equipment manufacturer, reported robust preliminary orders for the fourth quarter of 2025, underscoring strengthening demand across...