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Wed, Jul 01, 2026 03:28 AM All times are UTC

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Tesla, Mercedes-Benz Hit by Sales Dip in South Korea as Local EVs Gain Traction

Jul 21, 2023 06:13 am UTC| Economy Business Life

Despite a 10.7% overall surge in South Korean car sales, foreign giants Tesla Inc. and Mercedes-Benz have seen a significant dip in their market share. The first half of 2023 witnessed their sales dwindle, especially in...

Netflix Phases Out $9.99 No-Ad Plan in US, UK, Boosting Ad-Supported Tiers

Jul 21, 2023 05:42 am UTC| Business Economy

Netflix has discontinued its $9.99 no-ad subscription plan in the United States and the United Kingdom, emphasizing ad-supported options to encourage increased subscriber sign-ups, as shown on its websites pricing...

Nike Faces Lawsuit from SherryWear over Alleged Sports Bra Design Infringement

Jul 21, 2023 05:14 am UTC| Economy Business Sports Life Law

Nike finds itself in a legal dispute as Florida-based entrepreneur SherryWear LLC accuses the multinational corporation of design patent infringement. The lawsuit claims that Nike unrightfully adopted SherryWears patented...

Hyundai Unleashes Groundbreaking Nanotechnologies: Self-Repairing Vehicles, Solar Cell Battery Charging

Jul 21, 2023 05:05 am UTC| Economy Business Technology

Hyundai Motor Group shakes up the automotive industry with its recently unveiled cutting-edge nanotechnologies. Achievements include self-healing vehicle surfaces, solar cell battery charging, and innovative cooling films,...

Starbucks, Blackpink Heat Up the Summer with New Asia Pacific Exclusive Collection

Jul 21, 2023 04:31 am UTC| Business Economy Life

Starbucks and global K-pop sensation Blackpink have joined forces once more, rolling out a vibrant summer collaboration across nine Asia Pacific nations. The limited-edition project features a unique Blackpink-themed...

Disney CEO Reportedly Eyes Asset Sale to Apple Amid Internal Crisis

Jul 20, 2023 10:36 am UTC| Business Economy

Walt Disney Companys CEO, Bob Iger, is reportedly considering selling the entertainment behemoths assets to tech giant Apple Inc. amidst an internal crisis and business slowdown. This rumored move follows a period of...

VinFast Plots $4B EV Factory in North Carolina; Aims for Dominance in US Market

Jul 20, 2023 10:25 am UTC| Life Economy Business

Vietnamese automaker VinFast plans to cement its American foothold by constructing a $4 billion electric vehicle (EV) factory in North Carolina, signaling its aggressive expansion into the United States market amid rising...

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Economy

UN Chief Urges Nations to Close $100 Million UNRWA Funding Gap

United Nations Secretary-General Antonio Guterres has appealed to member states to urgently fill a $100 million funding gap facing the U.N. Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), warning...

NATO Albania Summit Faces Uncertainty as Trump, Defense Spending Concerns Loom

Plans for NATO to hold its 2027 leaders summit in Albania have been thrown into question as alliance members prepare for next weeks gathering in Turkey, according to Reuters, citing a NATO diplomat, a European official,...

Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism

Chip-equipment stocks surged on Tuesday after reports that South Koreas semiconductor leaders, Samsung Electronics and SK Hynix, plan to invest up to $1.3 trillion in new semiconductor manufacturing projects, reinforcing...

U.S. Stocks End Q2 Higher as Strong Jobs Data and AI Rally Lift Wall Street

U.S. stock markets closed higher on Tuesday, wrapping up the second quarter and the first half of 2026 with solid gains as investors welcomed stronger-than-expected labor market data and a continued rebound in technology...

Wall Street Futures Rise Ahead of JOLTS Data, Nike Earnings, and U.S.-Iran Talks

U.S. stock futures moved modestly higher on Tuesday as investors prepared for the final trading session of the first half and second quarter of 2026, with attention centered on key economic data, Nikes earnings report, and...

Politics

Netanyahu Says Israel Will Stay in Southern Lebanon Until Hezbollah Threat Ends

Israeli Prime Minister Benjamin Netanyahu said on Tuesday that Israeli forces will remain in southern Lebanon until the threat posed by Iran-backed Hezbollah is eliminated, signaling that Israel has no immediate plans to...

DOE Declares Power Grid Emergency as Extreme Heat Strains PJM Electricity Supply

The U.S. Department of Energy (DOE) has declared an emergency across the nations largest power grid as extreme heat drives electricity demand to critical levels, raising concerns about power supply reliability. In an...

DOJ Orders Crackdown on Birth Tourism After Supreme Court Upholds Birthright Citizenship

The U.S. Department of Justice (DOJ) has instructed federal prosecutors to intensify investigations into alleged birth tourism schemes following a U.S. Supreme Court ruling that rejected President Donald Trumps effort to...

Trump Suspends Some Morocco Fertilizer Tariffs to Ease U.S. Supply Shortage

U.S. President Donald Trump has authorized the temporary suspension of certain duties on phosphate fertilizer imports from Morocco in an effort to ease fertilizer shortages affecting American farmers, the White House...

Sheinbaum Says No One Is Above the Law After Abuse Video of Ex-Pemex Chief Emerges

Mexican President Claudia Sheinbaum said her administration will not shield anyone from justice after a video surfaced appearing to show former Pemex chief Victor Rodriguez physically assaulting his wife, prompting a...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts

Nvidia (NASDAQ: NVDA) shares rebounded on the final trading day of the quarter after bullish supply-chain research from independent semiconductor firm SemiAnalysis suggested the AI chipmakers data center business could...

TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027

Mizuho Securities Asia has increased its forecast for Taiwan Semiconductor Manufacturing Co.s (TSMC) advanced CoWoS packaging capacity, citing a much stronger outlook for artificial intelligence (AI) server processors and...

Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs

Anthropic announced on Monday that its Claude family of artificial intelligence models is now available through Microsoft Foundry on Azure, powered by NVIDIAs GB300 Blackwell Ultra GPU systems. The rollout marks the first...

Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case

Apple has intensified its legal battle with Indias antitrust regulator, arguing that investigators relied on copy-pasted allegations from rivals instead of conducting an independent review in a case that could reshape the...

Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe

Super Micro Computer Inc. came under renewed scrutiny on Monday after Taiwanese authorities raided its local offices as part of an investigation into the alleged smuggling of Nvidia AI chips to China through the companys...