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Mon, Sep 28, 2026 03:28 AM All times are UTC

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Bed Bath & Beyond Makes Digital Comeback as Overstock.com Resurrects Retail Giant

Aug 03, 2023 06:57 am UTC| Business Economy

Bed Bath Beyond emerges from bankruptcy, making a digital comeback after being acquired by Overstock.com. The online retailer purchased the big-box chains intellectual property and digital assets for $21.5 million,...

Yum China Unfazed by Economic Slowdown, Plans Up to 1300 New Stores in 2023

Aug 02, 2023 11:03 am UTC| Economy Life Business

Despite the economic deceleration, Yum China Holdings, the parent company of KFC and Pizza Hut in mainland China, remains undeterred in its expansion plans. According to CEO Joey Wat, the company aims to inaugurate up to...

Jean Paul Gaultier and KNWLS Announce Daring Fashion Collaboration

Aug 02, 2023 09:58 am UTC| Economy Life Business

French haute couture powerhouse Jean Paul Gaultier (JPG) and futuristic British label KNWLS have announced an exhilarating fashion collaboration to debut on September 8. Comprising 40 statement pieces that incorporate...

HD Korea Shipbuilding Buys STX Heavy Industries

Aug 02, 2023 09:12 am UTC| Business Economy

HD Korea Shipbuilding Offshore Engineering is shelling out KRW81.3 billion or $63.5 million to buy STX Heavy Industries. The global leader in the shipbuilding business confirmed that it will acquire the Korea-based...

Burger King Expands Global Flavors: Tom Yum Shrimp Whopper in Japan, Smoky Chimichurri Burger in UK

Aug 02, 2023 08:42 am UTC| Economy Life Business

Burger King takes international flavor to a new level, launching the Tom Yum Shrimp Whopper in Japan and the Smoky Chimichurri Burger in the UK. These culinary creations, inspired by Thai and Argentinian flavors, promise...

Kakao, SM Entertainment to Launch Joint Venture in US, Expanding Global Reach of K-Pop

Aug 02, 2023 07:46 am UTC| Business Economy

Kakao and SM Entertainment are joining forces to establish a joint venture in the United States, aiming to expand the global influence of their respective artists. The companies are marrying Kakaos vast music distribution...

SK on Appoints Its First COO, Recruits Former Hanon Systems Chief for the Post

Aug 02, 2023 06:48 am UTC| Business Economy

SK on Co. Ltd. revealed on Tuesday, Aug. 1, that it added the chief commercial officer position in its organization. With this move, the company said it already selected the former CEO of Hanon Systems to be its COO. SK...

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Economy

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

China Consumer Stocks Near Decade Lows as AI Shares Surge

Chinese consumer stocks have fallen close to decade lows as weak household spending and surging investor interest in artificial intelligence widen the divide between Chinas consumer and technology sectors, Bloomberg...

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

Politics

Iran Warns US Against Renewed Attacks as Hormuz Tensions Rise

Irans armed forces are prepared to respond to any renewed U.S. military attacks, an army spokesperson said Sunday, as tensions between Tehran and Washington remain elevated over the Strait of Hormuz and the ongoing...

UK PM Burnham Signals Social Care Tax Changes, Questions Heathrow Expansion

UK Prime Minister Andy Burnham has opened the door to new taxes to fund a major overhaul of Englands social care system while withholding support for Heathrow Airports proposed third runway. Speaking ahead of Labours...

North Korea Tests Drone-Missile Swarm Attack Tactics

North Korea is testing coordinated swarm attacks involving drones, missiles, rockets and artillery, signaling a push to adopt battlefield tactics seen in Ukraine and the Middle East that could challenge U.S. and South...

OpenAI, Anthropic CEOs Summoned to Australia AI Inquiry

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have been asked to appear before an Australian Senate inquiry into artificial intelligence following revelations that an OpenAI agent accessed the countrys Medicare...

Germany Political Risks Rise as Merz Faces Coalition Pressure

Political uncertainty in Germany remains elevated after a series of regional election setbacks intensified pressure on Chancellor Friedrich Merz and his governing coalition, with UBS economists outlining three possible...

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

Morgan Stanley Raises TD Synnex Price Target to $359 on Strong AI Demand

Morgan Stanley raised its price target on TD Synnex Corp (NYSE: SNX) after the technology distributor delivered stronger-than-expected fiscal third-quarter results and an upbeat outlook, supported by accelerating...

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...