The US Federal Trade Commission (FTC) is reportedly filing a lawsuit against the three biggest prescription drug middlemen over insulin prices.
Industry
GM Receives $500 Million Grant From DOE For EV Production in Lansing Grand River Assembly Plant
General Motors (GM) has secured a $500 million grant from the US Department of Energy to support the production of EVs at its Lansing Grand River Assembly plant.
Delta Draws Flak Over Social Media Post on Palestinian Flag Pins
Delta Airlines recently came under fire for its response to a social media post about its flight attendants wearing Palestinian flag pins.
US Plans to Buy Up to 4.5 Million Barrels of Oil for Strategic Petroleum Reserve
The US Energy Department plans to buy up to 4.5 million barrels of oil to replenish the Strategic Petroleum Reserve (SPR).
Tesla Increases Model 3 Prices in Europe Over China EV Tariffs
Tesla has increased the price of its Model 3 cars in European countries like Germany, the Netherlands, and Spain.
Latest News
BMW has issued a recall for 394,000 cars in the US because of defective Takata airbag inflators that might cause severe or fatal injuries.
The United Kingdom’s Office of National Statistics released the latest economic figures, which revealed that the country’s economy grew by 0.4% in May.
China-based BYD has committed to constructing a $1 billion assembly plant for electric vehicles (EVs) in Turkey.
Delta Air Lines and startup Riyadh Air have entered into a partnership to connect the US and Saudi Arabia with regularly operated flights.
The Federal Trade Commission (FTC) took a historic step by prohibiting the online messaging platform NGL from catering to users younger than 18.
Fifth Third Bank has agreed to pay $20 million to settle allegations about creating fake customer accounts and selling unnecessary car insurance.
Sri Lanka has approved changes to its telecommunications law to allow Elon Musk's Starlink to establish operations in the South Asian nation.
Walt Disney and Japan's Oriental Land Company have announced plans to introduce a new Disney cruise ship.
Oil and gas companies in Texas began resuming business operations on Tuesday after Hurricane Beryl battered the state.
