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Sat, Jan 10, 2026 02:37 AM All times are UTC

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Digital Currency Revolution

Prosecution escalates Luna saga probe on S. Korea's crypto exchanges

Jul 25, 2022 22:49 pm UTC| Law Economy Business Digital Currency

South Koreas cryptocurrency exchanges are keeping a low profile as the prosecution seized their trading records of the ill-fated stablecoin Terra and its sister token Luna. Terra and Lunas values plummeted abruptly in...

3 poultry farms agree on $84 million wage case settlement

Jul 25, 2022 22:41 pm UTC| Law Economy Business

Wayne Farms, Sanderson Farms, and Cargill Meat Solutions have agreed with the US Justice Department to pay over $84 million as a settlement over charges that they shared wage rate information to drive down wages. Wayne...

KFC & Pizza Hut now serving Coke instead of Pepsi in Singapore

Jul 25, 2022 22:20 pm UTC| Life Economy Business

KFC and Pizza Hut reveal that they now serve Coke instead of Pepsi in Singapore through their websites. The KFC Singapore website shows that meals now come with a regular Coca-Cola, while Pizza Huts website shows the...

Zipair becomes first Japanese air carrier to offer crickets on menu

Jul 25, 2022 22:13 pm UTC| Life Economy Business

Zipair Tokyo Inc. became the first in Japan to feature cricket-based meals for its new onboard specialties in the name of sustainability. Cricket is a rich source of protein and other nutrients. Pasta Pescatore and a...

Airbnb welcomes former Amazon executive Jay Carney as its new policy and PR chief

Jul 25, 2022 10:02 am UTC| Business Economy

Airbnb has hired Amazons former public relations and policy head, Jay Carney. The executive has left the e-commerce and tech giant to join the American vacation rental firm and work in the same job position. Carney was...

7-Eleven terminates 880 jobs amid restructuring in the US

Jul 25, 2022 09:55 am UTC| Business Economy

7-Eleven is restructuring, and although this is good for the company, the move will entail job cuts which are unavoidable. Based on the reports, the convenience store chain will be slashing 880 jobs in the United...

Volkswagen chief ousted amid a stormy administration

Jul 25, 2022 09:25 am UTC| Business Economy

Volkswagen announced the departure of its chief executive officer, Herbert Diess, and he will be replaced by Oliver Blume, the CEO of Porsche. The former was said to have been ousted in the midst of turmoil in the company...

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Economy

Stocks Hit Record Highs as Jobs Data Supports Fed Rate Cut Outlook

Global stock markets surged to fresh record highs on Friday as investors reacted positively to a U.S. jobs report that showed slower-than-expected employment growth in December, reinforcing expectations that the Federal...

Wall Street Hits Record Highs as Jobs Data Signals Resilient U.S. Economy

U.S. stock markets finished at record levels on Friday as investors digested a mixed December jobs report that still pointed to underlying economic strength. The SP 500 closed at a fresh all-time high, reinforcing optimism...

U.S. Treasury Says It Can Handle Potential Tariff Refunds if Supreme Court Rules Against Trump

The U.S. Treasury has sufficient funds to cover any potential tariff refunds if the Supreme Court rules against President Donald Trumps use of emergency powers to impose broad tariffs, Treasury Secretary Scott Bessent said...

Trump Pushes $100 Billion U.S. Oil Investment Plan for Venezuela After Maduro Seizure

U.S. President Donald Trump met with executives from major American and international oil companies at the White House on Friday to promote a bold plan aimed at reviving Venezuelas oil industry through up to $100 billion...

Supreme Court Showdown: Trump's Sweeping Tariffs on the Brink of Landmark Ruling

On the legality of President Trumps extensive tariffs applied under the International Emergency Economic Powers Act (IEEPA), the U.S. Supreme Court is set to release a much-awaited decision as early as today, January 9,...

Politics

Trump Says U.S. Must Control Greenland to Counter Russia and China

U.S. President Donald Trump said on Friday that the United States needs to own Greenland in order to prevent Russia or China from potentially occupying the strategically important Arctic territory in the future. Speaking...

Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026

U.S. President Donald Trump has renewed attention on consumer finance policy after publicly calling for a one-year cap on credit card interest rates at 10%, set to begin on January 20, 2026. The announcement, made via his...

U.S. Judge Blocks Trump Administration’s $10 Billion Federal Funding Freeze to Democratic States

A U.S. federal judge has temporarily blocked the Trump administration from freezing more than $10 billion in federal funding for childcare and family assistance programs in five Democratic-led states, marking a significant...

Chevron Sees Path to Boost Venezuela Oil Output by 50% After Trump Administration Talks

U.S. Energy Secretary Chris Wright said Friday that Chevron has identified a clear pathway to significantly expand its oil production in Venezuela, potentially increasing output by 50% over the next 18 to 24 months. His...

EU Set to Approve Historic Mercosur Trade Deal Amid Farmer Protests

European Union nations are expected to approve the signing of the blocs largest-ever free trade agreement with the South American Mercosur group, marking a major milestone more than 25 years after negotiations began. The...

Science

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...

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...

Technology

FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites

The U.S. Federal Communications Commission (FCC) has approved SpaceXs request to deploy an additional 7,500 second-generation Starlink satellites, marking a major step forward in the companys mission to expand global...

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...

Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer

Nvidia (NASDAQ: NVDA) has taken a significant step in strengthening its leadership team by appointing a senior Google (NASDAQ: GOOGL) executive as its first-ever Chief Marketing Officer, signaling a strategic move as the...

EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content

The European Commission has ordered Elon Musks social media platform X, formerly known as Twitter, to retain all internal documents and data related to its built-in artificial intelligence chatbot, Grok, until the end of...

SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally

Shares of South Korean memory chip giant SK Hynix surged to a fresh all-time high on Thursday, reflecting growing investor optimism around booming demand for artificial intelligence (AI) memory products and a strengthening...