Digital Currency Revolution

LeBron James Flaunts RTFKT Nike Sneakers Only Obtainable by Purchasing NFT

May 04, 2023 23:30 pm UTC| Sports Economy Business Digital Currency

LeBron James flaunted a special-edition pair of RTFKT x Nike Air Force 1 Genesis sneakers, which can only be purchased by minting an Ethereum NFT created by Nike subsidiary, RTFKT. The RTFKT founders also presented...

McDonald’s Franchisees Fined $200,000 for Illegally Employing 305 Minors, Including 10-Year-Olds

May 04, 2023 23:21 pm UTC| Law Economy Business

The U.S. Labor Department fined three McDonalds franchisees operating 62 restaurants across Indiana, Kentucky, Maryland, and Ohio $200,000 for employing 305 minors, including two 10-year-olds who were unpaid. The 305...

Rolex Launches Certified Pre-owned Program in the US

May 04, 2023 10:11 am UTC| Business Economy

Rolex launched its Certified Pre-Owned Program in December 2022, however, it was only offered in a few countries at that time. Initially, it was only available at Bucherer boutiques in six countries which include Germany,...

Revlon Successfully Recovered From Bankruptcy

May 04, 2023 09:50 am UTC| Business Economy

Revlon Inc. finally emerged from bankruptcy after struggling for some time. The company successfully chopped off more than $2.7 billion in debt, and control of management was turned over to its new owners. Revlon said...

Acer Launches a New Laptop, Marking Its Return to South Korea After Abrupt Exit in 2001

May 04, 2023 07:26 am UTC| Business Economy Technology

Acer Inc., a Taiwanese hardware and electronics company, is making a comeback in South Korea after leaving in 2001. The company launched its newest Swift Go 16 laptop in the country, and this also signifies its official...

Merck Signs MOU with Korea's MTIE to Build Biopharma Plant in Daejeon

May 04, 2023 06:31 am UTC| Business Economy

Merck Co., Inc. announced it will build a biopharmaceutical raw material production plant in South Korea. It recently signed a memorandum of understanding (MOU) with the Korean Ministry of Trade, Industry and Energy and...

LG CNS, Microsoft Korea Boost Security Solution Business Partnership

May 04, 2023 06:18 am UTC| Business Economy

LG CNS and Microsoft Korea announced on Wednesday this week that they will expand their partnership to scale up their security solutions business. For this new deal, the two companies held a meeting at the tech firms...