Sectors
Oil Prices Remain Nearly Unchanged as Market Ponders on Chinese Demand, North America Supply Rises
Oil prices remained relatively stable on Thursday, with Brent crude futures settling unchanged at $82.96 per barrel.
Tire Maker Goodyear to Shut Down Manufacturing Plant in Malaysia
Goodyear Tire & Rubber Co, one of the leading tire manufacturers globally, is closing its manufacturing plant in Malaysia.
State of the Union: Joe Biden Vows to Make Big Corporations, Wealthy Americans Pay More Taxes
President Joe Biden announced plans to increase taxes on big corporations and wealthy Americans during his State of the Union address on Thursday night.
US House Panel Approves Bill That Could Ban TikTok; Users Flood Congress With Calls After App Sends Pop-up Messages
A controversial bill that could potentially block TikTok in the United States (US) was unanimously approved by a bipartisan panel of lawmakers.
Latest News
CoinDesk will hold a consensus in Hong Kong, showcasing the region's progress as a digital asset hub despite regulatory lag in certain areas.
United Airlines is temporarily suspending pilot hiring due to Boeing's production challenges, which affect United's operations.
Xcel Energy admitted that its power lines ignited the Smokehouse Creek fire in the Texas Panhandle but denied negligence in infrastructure maintenance and operation.
Hertz has partnered with Stripe to process worldwide payments for car rentals, ensuring a consistent payment experience across 3,000 Hertz establishments worldwide.
Part of the new plan is to revive American Girl dolls and Fisher-Price toys in a way that is also marketable to the new modern target audience.
Cigna broadens coverage for weight loss drugs, capping spending increases at 15%. To address rising costs, it expands programs for diabetes and obesity management.
The tools, Einstein Copilot: Health Actions, will help schedule appointments, while the Assessment Generation will digitize health assessments to ease administrative burdens and improve patient care outcomes.
DC Council approves bill allowing restaurants/bars to add 20% service fees. Aimed at aiding struggling businesses, transparency and worker wages are addressed, though concerns and debate persist.
Hugo Boss warned that client demand may decline, sending its shares tumbling 18%. Hugo Boss, a German luxury fashion brand, warned that it may not reach its 2025 sales goal due to deteriorating customer demand.
The US Food and Drug Administration (FDA) on Wednesday warned consumers that ground cinnamon sold by discount stores, including Dollar Tree and Family Dollar, contains high levels of lead.