Hyundai and Kia face online boycott after being embroiled in Kashmir conflict
Feb 09, 2022 23:37 pm UTC| Economy Business
South Korean carmakers Hyundai Motor Co. and its affiliate Kia Corp. now face a movement for an online boycott after being embroiled in a territorial dispute. Several local netizens via social media are calling on...
New York considers making outdoor dining part of new normal
Feb 09, 2022 20:29 pm UTC| Economy Life Law
The New York City Council is considering making sidewalk dining provided by thousands of streateries a part of the new normal. The 51-member council will vote on the bill at a later date if it makes it through a...
US law enforcers seize $3.6 billion in stolen cryptocurrency from New York couple
Feb 09, 2022 10:10 am UTC| Digital Currency Law Economy
Law enforcement officials have arrested and charged a New York couple has with conspiring to launder $4.5 billion in stolen cryptocurrency funds and have seized $3.6 billion of those funds. US Deputy Attorney General...
Hyundai, Kia announce recall for almost 500,000 vehicles in the US
Feb 09, 2022 09:29 am UTC| Business Economy
Hyundai and Kia have issued a recall for some models of their vehicle line this week. Owners were also warned that their vehicles could catch fire even when the engine is turned off. According to Fox Business, customers...
Chanel follows Louis Vuitton in pulling out of S. Korea’s duty-free shops
Feb 09, 2022 09:02 am UTC| Business Economy
Chanel is the next luxury brand to announce pull-out from duty shops in South Korea. The French fashion house will be closing its stores in duty-free shops located in Jeju Island and Busan. As per The Korea Herald, the...
Peloton removes CEO John Foley and 2,800 employees set to lose jobs
Feb 09, 2022 08:24 am UTC| Business Economy
Peloton announced this week that its chief executive officer, John Foley, is stepping down from his post. But unfortunately, it was also revealed that 2,800 employees will have to be laid off as well. As per CNN...
Ferrari, Qualcomm announce strategic partnership for technology collaboration
Feb 09, 2022 07:29 am UTC| Business Economy
\Ferrari N.V. and Qualcomm Technologies revealed on Tuesday, Feb. 8, that they have entered into a partnership deal for future tech projects related to road and racing cars. The companies will be collaborating on the...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects