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Philip Morris Selects Austin, Texas as Testing Ground for Flagship Heated Tobacco Device
Philip Morris International plans to debut its IQOS heated tobacco device in Austin, Texas, as it focuses on healthier alternatives amid declining cigarette sales.
'Remorseless' FTX Founder Sam Bankman-Fried Sentenced to 25 Years for $8 Billion Fraud
FTX founder Sam Bankman-Fried was sentenced to 25 years for a $8 billion fraud scheme. The judge criticized his defense, and victims testified on the impact. Bankman-Fried plans to appeal.
Ford Considers Spain Plant for New SUV Production, Expanding European Market Presence
Ford is considering making a new SUV in Valencia, Spain, aligning with European market trends. Spanish PM welcomes the move, potential job boosts amid trimming Ford workforce, slowing EV sales in Michigan.
Thames Water's Debt Crisis To Be Passed On To Customers With 40% Bill Hike
Thames Water, a major UK water company, grapples with £15 billion ($19.5 billion) debt. As expected £500 million ($650 million) funding falls through, and bill hikes up to 40% will be implemented instead.