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Juul Labs seeks to extend stay on ban, claims FDA failed to evaluate all its evidence

Jun 28, 2022 21:57 pm UTC| Law Health Economy Business

Juul Labs filed to extend the stay on the Food and Drug Administration (FDA) ban Tuesday, saying the agency did not review all the evidence it presented. The FDA banned sales of Juul e-cigarettes Thursday, citing a lack...

Apple, Amazon, Disney bid for NFL Sunday Ticket

Jun 28, 2022 15:15 pm UTC| Sports Economy Business

Apple, Amazon, and Disney are bidding for the National Football Leagues (NFL) domestic out-of-market Sunday Ticket package. However, the league has not indicated a timeframe in which it expects to make a...

PepsiCo India to invest $24 million to expand Uttar Pradesh food manufacturing plant

Jun 28, 2022 13:47 pm UTC| Business Economy

PepsiCo India will invest US$ 23.7 million to expand its largest greenfield foods manufacturing plant in Kosi Kalan, Mathura in Uttar Pradesh, which produces the popular Lays potato chips . The infusion would push the...

Credit Suisse convicted in cocaine cash laundering case

Jun 28, 2022 12:50 pm UTC| Law Economy Business

Switzerlands Federal Criminal Court convicted Credit Suisse on Monday for failing to prevent money-laundering by a Bulgarian cocaine trafficking gang/ It was the countrys first criminal trial of one of its major...

Bentley joins growing number of auto brand launching NFTs

Jun 28, 2022 12:33 pm UTC| Business Economy Technology

Luxury car brand Bentley Motors will launch a non-fungible token (NFT) in September by dropping just 208, in reference to the top-speed Grand Tourer and the number of 1952 R-Type Continentals produced. The key benefit...

More companies with ties to Toyota targeted in cyberattacks

Jun 28, 2022 12:19 pm UTC| Business Economy Technology

Key suppliers to Toyota Motor Corp. such as TB Kawashima Co., Kyoho Machine Works Ltd, Denso Corp., and Kojima Press Industry Co., continue to be plagued by cyberattacks. TB Kawashima Co., which makes fabric for seat...

Samsung, LG Electronics slashes production as consumer demand declines

Jun 28, 2022 10:17 am UTC| Business Economy

Samsung Electronics and LG Electronics have reportedly reduced their production and cited the harsh economic conditions as the reason. The South Korean companies will bring down the number of television sets and other home...

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Economy

Supreme Court Showdown: Trump's Sweeping Tariffs Face Judgment Day as Early as Friday

On President Trumps contentious use of the International Emergency Economic Powers Act (IEEPA) to levy broad Liberation Day tariffs of 10-50% on imports from most nations, along with other duties on Canada, Mexico, and...

Thailand Economy Faces Competitiveness Challenges as Strong Baht and U.S. Tariffs Pressure Exports

Thailands economy is facing mounting structural and external challenges, with declining competitiveness and pressure on exports emerging as key concerns, according to a statement released Wednesday by the Bank of Thailand...

Asian Currencies Trade Sideways as Dollar Wavers Ahead of Key U.S. Jobs Data; Aussie Dollar Hits 15-Month High

Most Asian currencies traded within a narrow range against the U.S. dollar as global markets turned cautious ahead of key U.S. labor market data due later this week. Currency traders largely avoided taking major positions,...

Oil Prices Slide in Asia as Trump Signals Venezuela Supply Boost, Raising Global Glut Fears

Oil prices fell sharply during Asian trading on Wednesday as markets reacted to comments from U.S. President Donald Trump suggesting Venezuela could soon supply tens of millions of barrels of crude oil to the United...

Asian Markets Slip as Oil Prices Fall on Venezuela Developments and Global Tensions

Asian markets traded mixed as investors digested falling oil prices, rising commodity stocks, and heightened geopolitical tensions tied to Venezuela, China, and broader global uncertainty. Crude oil futures extended losses...

Politics

Trump Administration Expands U.S. Visa Bond Requirement to 38 Countries

The U.S. government under President Donald Trump has expanded a controversial visa bond policy, adding 25 more countries to a list of nations whose citizens may be required to post a bond of up to $15,000 in order to apply...

China’s Taiwan War Games Signal Political Pressure Amid Economic Strain

Chinas recent large-scale military exercises around Taiwan were part of a broader political and psychological campaign aimed at countering rising international support for the island while diverting attention from Beijings...

Trump Administration Freezes Federal Child Care Funds Over Fraud Concerns

The Trump administration has announced a freeze on certain federal child care and family assistance funds for five U.S. statesCalifornia, Colorado, Illinois, Minnesota, and New Yorkciting serious concerns about fraud and...

Five Years After January 6 Capitol Riot, Democrats and Republicans Clash Over History and Power

Five years after the January 6, 2021 attack on the U.S. Capitol, sharp political divisions resurfaced in Washington as Democrats accused Republicans of attempting to rewrite history, while President Donald Trump downplayed...

US–Venezuela Oil Deal Signals Major Shift in Energy Trade and Sanctions Strategy

The United States and Venezuela have reached a significant agreement that could reshape global oil flows, following an announcement by U.S. President Donald Trump that Caracas will export up to $2 billion worth of...

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

Baidu’s AI Chip Unit Kunlunxin Prepares for Hong Kong IPO to Raise Up to $2 Billion

Baidu Inc (NASDAQ: BIDU) is moving forward with plans to list its artificial intelligence chipmaking subsidiary, Kunlunxin, in Hong Kong, in a deal that could raise as much as $2 billion, according to a Bloomberg report...

Hyundai Motor Shares Surge on Nvidia Partnership Speculation

Shares of Hyundai Motor surged sharply on Wednesday, climbing as much as 14.9% to reach a record high during morning trading, significantly outperforming South Koreas benchmark KOSPI index, which gained 1.2%. The rally was...

Lenovo Unveils AI Cloud Gigafactory With NVIDIA and Launches New AI Platform at CES 2026

Lenovo made a major impact at the Consumer Electronics Show (CES) in Las Vegas on Tuesday by unveiling an artificial intelligence cloud gigafactory developed in collaboration with NVIDIA, reinforcing its position as a...

China Reviews Meta’s $2 Billion AI Deal With Manus Amid Technology Control Concerns

Chinese government officials are reportedly reviewing Meta Platforms $2 billion acquisition of artificial intelligence startup Manus, raising potential concerns over technology transfer and national security controls....

Discord Confidentially Files for U.S. IPO, Signaling Major Milestone

Popular chat platform Discord has confidentially filed for an initial public offering (IPO) in the United States, according to a Bloomberg News report citing people familiar with the matter. The move marks a significant...
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