Industry

Joe Biden's Rule Allowing Potentially Diseased Beef From Paraguay to Enter US Revoked by Senate

The Senate on Thursday passed a bill reversing the rule of the administration of President Joe Biden allowing beef imports from Paraguay, which has a history of cattle-borne diseases.


Spotify, Epic Games, Deezer, Match Group, and Other Tech Allies Support DOJ's Antitrust Lawsuit Against Apple

A group of key app developers, which include Epic Games, Spotify, and others, known as the Coalition for App Fairness (CAF), is supporting the DOJ's antitrust lawsuit against Apple.

Planet Fitness Stock Price Takes Hit as Boycott Gains Momentum over Controversial Transgender Locker Room Policy

Planet Fitness faces stock plunge amid transgender locker room policy controversy after Alaska incident. Critics call for a boycott, accusing prioritization of political correctness. Company defends policy.

Gucci Predicts 20% Sales Drop in Q1 Earnings Amid Asia Slowdown

Gucci's anticipated 20% sales drop in the first quarter of 2024, attributed to an Asia slowdown, prompts parent company Kering to revamp management and introduce new collections.


Latest News

Target has begun implementing a new self-checkout policy nationwide, which restricts the number of items shoppers can process per transaction to 10.
Plaintiffs argue that Hermès restricts Birkin bag sales to high-volume buyers, violating antitrust laws.
TKO Group settles UFC class action lawsuits for $335 million, a landmark victory for fighters battling wage suppression and unfair employment practices.
Boeing revises its 2024 earnings outlook downwards as it plans to increase cash spending in the first quarter to address quality issues with its 737 aircraft, leading to a departure from the initial $10 billion estimate.
Following McDonald's recent technical incident, Greggs were similarly forced to close stores in the U.K. after a glitch affected their payment systems.
Tesla achieves milestones at Gigafactory Texas, producing 1,000 Cybertrucks worth of 4680 battery cells weekly, marking significant progress in meeting demand.
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
The new Microsoft-TESDA partnership will enable more than 100,000 women in the Philippines to gain artificial intelligence (AI) and cybersecurity skills.
New Zealand announced Wednesday that it would soon ban single-use vapes and raise penalties against those who sell these disposable e-cigarettes and tobacco cigarettes to minors.
Citigroup has sold its non-US consumer business operations in nine out of 14 regions and "substantially wound down" three more in Korea, Russia, and China.
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