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Mon, Dec 22, 2025 02:00 AM All times are UTC

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Mohegan Inspire Brings Michael Jordan's Steakhouse to South Korea

Jul 14, 2023 10:19 am UTC| Business Economy

Michael Jordans Steakhouse is opening its doors to customers in South Korea soon. The restaurants launch in the country was made possible via the collaboration of the US-based Cornerstone Restaurant Group and Mohegan...

Former Toptec CEO Sentenced to 3-Year Prison Term for Leaking Samsung's Proprietary Tech to China

Jul 14, 2023 09:52 am UTC| Law Economy Business

The Korean Supreme Court has affirmed a three-year prison sentence for a former CEO of tech firm Toptec following his conviction for divulging Samsung Display Co.s pivotal 3D lamination technology to Chinese firms in...

Monster Beverage Corp. Wins Approval to Acquire Rival Bang Energy for $362M Amid Bankruptcy Battle

Jul 14, 2023 09:48 am UTC| Life Economy Business

Monster Beverage Corp. has been granted court approval to acquire Bang Energy for $362 million, ending the rivals litigation in Chapter 11 bankruptcy, Bloomberg reports. The decision, while still pending Federal Trade...

Hanssem Replaces CEO, Names Eugene Kim as New Chief to Deal with Performance Crisis

Jul 14, 2023 09:42 am UTC| Business Economy

Hanssem Co. Ltd., a Korea-based company that makes and sells home furniture, just replaced its chief executive officer to improve the companys performance. It appointed Eugene Kim to lead the group and work on increasing...

Domino's Pizza Group Taps Andrew Rennie as New CEO After Eliad Diaz Sese Steps Down

Jul 14, 2023 09:41 am UTC| Business Economy

Dominos Pizza Group names seasoned industry veteran Andrew Rennie as its new CEO, succeeding Eliad Diaz Sese, who will transition to a non-executive director role. Rennie, known for his successful stint in Dominos major...

Chipotle Pilots 'Autocado' Robot for Guacamole Production Amid Industry Labor Shortages

Jul 14, 2023 09:37 am UTC| Business Economy

Chipotle Mexican Grill Inc. has partnered with Vebu Labs to test Autocado, a robot designed to automate guacamole preparation. In an effort to streamline operations and combat labor shortages, the Autocado could...

Hyundai Unleashes Ioniq 5 N at Goodwood Festival, Signaling Electric Future

Jul 14, 2023 08:46 am UTC| Economy Business Life Nature

Hyundai Motor Co. takes a pivotal leap toward its future mobility vision, premiering the highly anticipated Ioniq 5 N at Britains esteemed 2023 Goodwood Festival of Speed. The groundbreaking vehicle merges Hyundais E-GMP...

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Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Chinas sweeping reforms to its electricity market are rapidly transforming the economics of energy storage, driving a surge in both domestic deployment and global exports of battery technology. As international demand for...

Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

Global investors and borrowers are increasingly turning to the Chinese yuan as lending and financing activity accelerates, driven by attractive pricing and Chinas long-term push to internationalize its currency....

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Politics

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test

Malaysias former prime minister Najib Razak is set to learn on Monday whether he can serve the remainder of his jail sentence under house arrest, a decision that could have major political and legal implications for the...

Science

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...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...