South Korea held an emergency meeting to address safety concerns over electric vehicles following a major fire that damaged 140 cars in an Incheon parking garage.
Legal & Regulatory
Resorts World Accused of Ignoring Illegal Gambling Activities by Nevada Regulators
The Nevada Gaming Control Board has accused Resorts World Las Vegas of enabling illegal gambling and failing to address violations related to bookmaking and criminal ties.
China to Limit Exports of Antimony, Used in Batteries and Weapons, to Protect National Security
China will restrict antimony exports starting September 15, requiring licenses to safeguard national security and meet non-proliferation commitments.
Johnson & Johnson Plans Bankruptcy Filing to Finalize $6.48 Billion Talc Settlement
Johnson & Johnson is nearly announcing a $6.48 billion settlement to resolve talc-related cancer claims, with at least 75% of claimants supporting the deal. He plans to use a bankruptcy strategy to settle all current and future claims.
New Medicare Drug Prices Set to Save $1.5 Billion for Patients in 2026
Biden administration announced that new negotiated prices for ten costly prescription drugs will save Medicare $6 billion and beneficiaries $1.5 billion starting in January 2026.
Latest News
Elon Musk's X platform wins a lawsuit against the Global Alliance for Responsible Media (GARM), leading to GARM's dissolution as financial expenses and public backlash pile up.
Insurers are set to face high financial claims after three Taylor Swift concerts in Vienna were canceled due to a foiled ISIS attack; future policies might get affected as well.
Serbian residents fiercely oppose a lithium mining project backed by the Serbian government and the European Union, fearing environmental damage despite government assurances.
By January 2025, the EU's Digital Operational Resilience Act (DORA) will enforce stringent IT security standards for banks and their technology suppliers to boost cyber resilience and manage third-party risks.
New South Wales, Australia, has mandated that all public employees return to office work starting August 6, reversing remote work policies due to debate on its impact on staffing and business activity.
A US judge ruled that Google operates an illegal monopoly, controlling 90% of online searches and 95% of mobile searches, which may lead to a breakup of its parent company, Alphabet.
The ruling could force Google to allow users to choose which search engine to use. A federal judge on Monday ruled that Alphabet's Google broke antitrust laws and held an illegal monopoly in the United States in a landmark ruling against the tech giant.
After dropping his lawsuit against OpenAI and CEO Sam Altman earlier this year, Elon Musk is reigniting the feud with an accusation of deceit and fraud by shifting from a non-profit mission.
CrowdStrike denies responsibility for Delta Air Lines' extended IT outage, arguing that the airline mismanaged the situation and contributed to a misleading narrative about the incident.
