Kohl's is up for sale, Franchise Group may take over
Jun 08, 2022 09:48 am UTC| Business Economy
Kohls, an American department store chain, is now up for sale and may soon have a new owner. It was revealed earlier this week that its operator, Kohls Corporation, is in talks with the Franchise Group (FRG) for a possible...
Goodyear issues recall notice for 173,000 tires in the US
Jun 08, 2022 09:28 am UTC| Business Economy
Goodyear Tire Rubber Company issued a recall for 173,000 tires after the National Highway Traffic Safety Administration (NHTSA) asked it to replace some of its G159 tire products. Due to the pressure from the local...
South Korea’s SPC Group buys Lina’s French sandwich franchise to expand globally
Jun 08, 2022 08:24 am UTC| Business Economy
SPC Group, a South Korean food company, bought Linas, a French sandwich and salad restaurant franchise. The acquisition was revealed by the company on Tuesday, June 7. As per The Korea Times, Linas first landed in South...
Samsung Biologics, Novartis sign $81M CMO deal
Jun 08, 2022 07:45 am UTC| Business Economy
Samsung Biologics and Novartis International AG signed a contract manufacturing organization deal, and this was announced on Tuesday, June 7. The deal is worth $81 million. According to The Korea Herald, the South...
Jun 08, 2022 07:28 am UTC| Business Economy
Nike previously accused StockX, a resale marketplace of various products, of selling fake sneakers, and now it is hitting back at the footwear manufacturing giant. The company responded to the claims by emphasizing it has...
US suspends tariffs on solar panels from Cambodia, Malaysia, Thailand, Vietnam
Jun 07, 2022 23:36 pm UTC| Nature Economy Business
US President Joe Biden lifted tariffs on solar panels from Cambodia, Malaysia, Thailand, and Vietnam for two years and used a key power to compel the domestic production of clean energy technology. The moves are aimed...
Researchers 'mask' cancer drug to spare healthy tissues while killing tumors
Jun 07, 2022 23:33 pm UTC| Health Science Economy
The University of Chicagos Pritzker School of Molecular Engineering has designed a method to keep a promising cancer drug from wreaking havoc until it reaches a tumor. As many cancer drugs often attack both healthy...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects