Industry

Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger

Chuck Schumer's call to action is based on his concern that such mergers could grant oil giants excessive influence over gas prices, leading to potential price increases that would impact consumers.


South Korea to Provide Chip Investment and Research Support Package Valued Over $7 Billion

South Korea is planning to release a chip investment and research support package worth over $7.3 billion...

Japan's Largest Nuclear Plant Poised for Resumption, BNEF Says

After more than ten years of being offline, this step would represent a crucial move towards stabilizing power costs in the country...

Elon Musk Slams Mark Zuckerberg's Meta for Engaging in 'Super Greedy' Advertising Practices

Elon Musk, who owns the social media platform X, has criticized Meta for being "super greedy" in taking credit for advertisers running campaigns on its platform...


Latest News

Adobe Launches New Acrobat AI Assistant, But It's Not Free — Here’s What You Need to Know
Adobe has unveiled a new artificial intelligence-powered product called Acrobat AI Assistant.
Did Disney Send Kids to Jeffrey Epstein's Island for Snorkeling? Fake Viral Video Spread on TikTok, X
There have been claims circulating on social media in recent weeks regarding Disney's alleged acquisition of Jeffrey Epstein's island. However, the claims, despite gaining significant attention on pla
SAG-AFTRA, UMG, Other Major Labels To Protect Music Industry From AI—What To Know About New Anti-AI Deal
SAG-AFTRA, UMG, and other major labels decided to have a new deal to protect the music industry from AI.
Tesla Stock Plummets Following Elon Musk's Memo Announcing 10% Global Workforce Layoff
Elon Musk's announcement of layoffs exceeding 10% of Tesla's workforce led to a 1.20% decline in the company's stock during premarket trading, with investors expressing concerns over the decision's im
Indian Firms Exporting to the Middle East See Their Shares Plummet After Iran's Recent Attacks on Israel
India's tea and rice exporters to the Middle East saw their stock values collapse on worries of logistical issues and higher costs due to geopolitical tensions.
UK: Record-Breaking Surge in Weather Damage Claims Leaves Home Insurers Reeling With £573 Million in Losses
Industry records show that storms and extreme rain caused a record £573 million ($715 million) in UK home insurance claims last year.
New York Legal Cannabis Industry Fears That Additional Pot Stores Might Have ‘Disastrous Consequences'
A group representing the legal marijuana market cautioned New York cannabis regulators that a large increase in pot retailers might harm licensed companies.
Narendra Modi Pledges to Make India a Worldwide Manufacturing Powerhouse as Businesses Leave China
Indian Prime Minister Narendra Modi pledged to make India a global manufacturing hub and construct infrastructure as companies leave China.
Apple Experiences 10% Decline in iPhone Shipments as Android Rivals Gain Steam
Apple has faced a significant setback in its iPhone shipments, experiencing a larger-than-projected 10% decline in the March quarter.
Major Arab Airlines Cancel Some of Their Flights After Iran’s Retaliatory Attack on Israel
Several major Arab airlines have been forced to cancel their flight schedules over the weekend following Iran's strikes on Israel.
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