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Frito-Lay workers go on strike for better pay, working conditions

Jul 12, 2021 23:35 pm UTC| Economy Business

Around 600 employees or about 80 percent of the full-time workforce at the Frito-Lay plant in Topeka, Kansas went on strike for better pay and working conditions, including less mandatory overtime. The plant is among...

General Motors announces recall of 400,000 vehicles for defective airbags

Jul 12, 2021 10:11 am UTC| Business Economy

General Motors revealed last weekend that it had recalled 410,019 vehicles, and these are the 2015 and 2016 Chevrolet Silverado and GMC Sierra pickup truck model units. The American automaker cited the airbags as the...

Tyson Foods expands recall that now affects additional 4,500 tons of chicken products over listeria risk

Jul 12, 2021 09:48 am UTC| Business Economy

Tyson Foods issued a recall on its pre-cooked chicken products earlier this month, and the company cited possible listeria contamination as the reason. At that time, the recall affected 8.5 million pounds of its packed...

TSMC, Foxconn reportedly teaming up for BioNTech COVID-19 vaccines

Jul 12, 2021 09:32 am UTC| Business Economy

Taiwanese companies, TSMC and Foxconn, are said to be signing a partnership deal for the purchase of COVID-19 vaccines from BioNTech SE, a German biotechnology company. The two are said to be close to completing the...

Apple threatens to leave UK over patent legal dispute

Jul 12, 2021 09:23 am UTC| Business Economy

Apple issued a warning that it will leave the U.K. market if it will be forced to pay an unacceptable fee over a patent case. Through its lawyer, the American tech company said it will just quit if the court obliged it to...

TikTok to activate automated system to take down nude and violent videos

Jul 12, 2021 08:10 am UTC| Business Economy

TikTok will be taking down all videos that will show violence and nudity. The Chinese app will be pulling out the said videos automatically, which will be detected through an automated system. The move comes as concerns...

Korean Air to spend additional ₩600 billion to acquire Asiana: Report

Jul 12, 2021 07:06 am UTC| Business Economy

Korean Air is set to acquire Asiana Airlines, its long-time rival carrier, and if the acquisition will not encounter issues and push through, it was reported that the former may have to spend an additional ₩600 billion or...

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Economy

US Dollar Weakens as Yen Surges Amid Japan Intervention and Central Bank Moves

The U.S. dollar declined notably in global forex markets, with the Japanese yen emerging as a key beneficiary following reports of currency intervention by Japans authorities. The dollar index, which measures the greenback...

Markets Stay Strong Despite Oil Shock Concerns as Earnings Drive Investor Confidence

Global financial markets continue to show resilience despite ongoing geopolitical tensions and disruptions in oil supply. Analysts note that while the conflict involving Iran raised fears of a major oil shock, energy...

WTI Crude Oil Prices Rise Amid Iran Conflict Uncertainty

U.S. West Texas Intermediate (WTI) crude oil prices edged higher at market open, gaining 41 cents or 0.43% to reach $105.50 per barrel. The increase follows heightened volatility driven by ongoing geopolitical tensions,...

Oil Prices Ease but Remain Set for Strong April Gains Amid Middle East Tensions

Oil prices edged lower on Thursday, yet remained on track to close April with notable gains following a surge driven by geopolitical tensions and supply disruptions. Brent crude futures for June delivery slipped 3.3% to...

Iran-U.S. Conflict Escalation Threatens Global Oil Supply and Economic Stability

Tensions between Iran and the United States continue to rise as Tehran warns of long and painful strikes if Washington launches new military attacks. The ongoing Iran-U.S. conflict has significantly impacted global...

Politics

U.S. Flags Vietnam as “Priority Foreign Country” Over Intellectual Property Concerns

The Office of the United States Trade Representative (USTR) has officially designated Vietnam as a Priority Foreign Country in its latest annual intellectual property (IP) report, signaling heightened concern over the...

Japan Eases Arms Export Rules, Opening Door for Potential Ukraine Defense Support

Japans recent relaxation of its weapons export rules could pave the way for future discussions on supplying military equipment to Ukraine, according to Kyivs ambassador to Tokyo. The policy shift, led by Prime Minister...

FEMA Reinstates Employees After Dissent Letter, Signaling Shift in Workforce Stability

The U.S. Federal Emergency Management Agency (FEMA) has reinstated more than a dozen employees who were placed on administrative leave in August 2025 after signing a public letter criticizing agency leadership and...

Iran Threatens Prolonged Strikes as Strait of Hormuz Crisis Drives Global Oil Surge

Iran has warned it will launch long and painful strikes against U.S. positions if Washington escalates military action, intensifying tensions in the ongoing U.S.-Israeli conflict with Tehran. The situation has...

Lula Plans New Supreme Court Nomination After Historic Senate Rejection

Brazilian President Luiz Inácio Lula da Silva is preparing to submit a new nominee for the Supreme Federal Court after the Senate rejected his initial choice, marking a historic political setback. According to...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...
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