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Walmart job cuts to affect 2,000 warehouse staff

Apr 06, 2023 07:59 am UTC| Business Economy

Walmart Inc. reveals another layoff, and this time it will affect more than 2,000 warehouse workers who are stationed in five different facilities in the United States. These employees work in warehouses that fulfill...

Foreign exchange: several African countries have a shortage of US dollars - why this happens and how to fix it

Apr 06, 2023 07:21 am UTC| Economy

A number of African countries, including Kenya, Egypt, Zimbabwe, Nigeria, Ghana and Zambia, are currently experiencing shortages of US dollars. The dollar is the dominant currency in international transactions. These...

Samsung wearables get Peloton app integration

Apr 05, 2023 23:59 pm UTC| Sports Health Economy Technology

The Galaxy Watch 5 and Watch 4 devices will soon have access to the Peloton watch app, which connects directly to Pelotons Bike, Bike+, Tread, Row, and Guide with just a click. The app promises to give users more...

PepsiCo‘s Frito-Lay, Quaker open greenhouse facility for compostable packaging innovation

Apr 05, 2023 23:57 pm UTC| Economy Business Nature

PepsiCos Frito-Lay and Quaker have opened a new Greenhouse Learning Center at its RD headquarters, for testing, measuring, and analyzing compostable packaging to hasten innovation. The facility allows the RD packaging...

Renters have stepped up efforts to address the housing crisis ⁠— it's time for property managers to do the same

Apr 05, 2023 13:46 pm UTC| Economy Real Estate

Three years ago, at the onset of the COVID-19 pandemic, I published an article on what it means to prioritize needs over wants in times of economic crisis. Maslows hierarchy of needs shows that the most fundamental...

Climate Change Series

Capitalising on climate anxiety: what you need to know about 'climate-washing'

Apr 05, 2023 13:45 pm UTC| Economy

People are increasingly making choices about which products to buy and which service providers to use on climate change grounds. With concerns about climate change now affecting most Australians, businesses that promote...

Dongsuh Foods voluntarily recalls Maxi Mocha Gold coffee mix due to silicon contamination

Apr 05, 2023 13:35 pm UTC| Business Economy

Dong Suh Foods Corporation announced it is recalling its popular Maxin Mocha Gold instant coffee mix because of contamination. It was reported that the product may possibly contain pieces of silicon. Dong Suh Foods...

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Economy

Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons

Japan has declined to comment on why the Bank of Japan (BOJ) did not join a rare joint statement issued by other major central banks in support of U.S. Federal Reserve Chair Jerome Powell, following reports of threats of...

Gold Prices Hold Near Record Highs as Fed Rate Cut Bets and Iran Tensions Fuel Safe-Haven Demand

Gold prices edged higher in Asian trading on Wednesday, hovering just below the record highs reached in the previous session, as a combination of easing U.S. inflation data, expectations of future Federal Reserve rate...

Asian Stocks Rise as Japan Hits Record Highs and China Gains on Trade Data

Asian stock markets showed mixed but generally positive performance on Wednesday, led by strong gains in Japanese stocks and renewed optimism around Chinas economy and technology sector. Japans equity markets surged to...

US–India Trade Talks Race Toward USD 500 Billion Goal

On January 13, 2026, the United States and India resumed negotiations to establish a new trade relationship between the two countries under the leadership of newly appointed U.S. Ambassador Sergio Gor. The goal of the...

Jefferies Sees Further Upside for Chinese AI Stocks as Valuation Gap Narrows

Jefferies has expressed a bullish outlook on Chinese artificial intelligence stocks, saying the sector still has significant upside potential as the valuation gap with U.S. AI peers continues to narrow. In a recent...

Politics

Trump Signals Confidence China Could Open Markets to U.S. Goods Amid Rising Global Tensions

U.S. President Donald Trump said on Tuesday that he believes China could eventually open its markets wider to American goods, once again emphasizing what he described as a strong personal relationship with Chinese...

Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules

The Trump administration has officially approved the sale of Nvidias H200 artificial intelligence chips to China, marking a major shift in U.S. export policy and reigniting debate over national security and global AI...

Amazon Reviews Supplier Costs as U.S.–China Tariffs Ease

Amazon has confirmed that it is in discussions with some of its vendors about adjusting product costs following a recent reduction in U.S. tariff rates on Chinese imports, a move that could influence pricing across its...

Congress Seen as Check on Trump Policies, But Markets Face Rising Volatility, Says BCA Research

Congress is expected to restrain President Donald Trumps most aggressive policy initiatives, but financial markets should prepare for heightened volatility as he tests those boundaries, according to a recent analysis from...

Trump Responds to Criticism at Michigan Auto Plant as Epstein Controversy Resurfaces

U.S. President Donald Trump sparked fresh controversy during a visit to a Michigan auto plant after video footage circulated online showing him making an obscene hand gesture and appearing to direct profanity toward a...

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

Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities

Title: Taiwanese prosecutors have issued an arrest warrant for Pete Lau, the chief executive officer of Chinese smartphone maker OnePlus, accusing him of involvement in illegal business operations and recruitment...

Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive

Chinese artificial intelligence startup Zhipu AI has unveiled a new open-source image generation model, marking a significant milestone in Chinas push for technological self-reliance. The model, called GLM-Image, was...

Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026

Bank of America has reinforced its bullish outlook on Alphabet, citing improving artificial intelligence sentiment and a strengthening competitive position that could drive the company toward becoming the worlds most...

AFT Leaves X Over AI-Generated Images of Minors

The American Federation of Teachers (AFT), one of the largest teachers unions in the United States, has announced it is leaving the social media platform X, citing serious concerns over the creation and spread of...

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...
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