North America

US Committee Reveals Secret Brazil Court Orders to Elon Musk's X Regarding Account Suspensions

A US congressional committee revealed classified Brazilian court rulings suspending accounts on the social media platform X, providing insight into choices that have sparked accusations about suspected censorship by the firm and its billionaire owner, Elon Musk.


Sheetz Convenience Store Accused of Racial Discrimination After Denying Employment of Black, Mixed-Race, and Native American Applicants

A federal agency accused a famous gas station chain of employment procedures that discriminate against Black, Native American, and multiracial applicants...

China Slams US Probe Targeting Beijing's Logistic, Maritime, and Shipbuilding Industry

A spokesperson for China's Ministry of Commerce (MOFCOM) said the US petition against its maritime, logistics, and shipbuilding sectors is full of baseless allegations that impede trade and investment..

US Plans to Lift Tariff Exceptions to Dominant Chinese Solar Panel Imports as Biden Accuses Beijing of 'Cheating' on Its Steel Trade Practices

The Biden Administration is anticipated to lift tariff exemptions on bifacial solar panels in response to a petition spearheaded by Qcells, a company that has made a significant investment in US manuf..


Latest News

Largest US Coal Miner Peabody Finally Files For Bankruptcy Ending Prolonged Speculations
The largest coal miner in the US has sought protection under bankruptcy law on Wednesday ending speculations over its future. The filing has been acknowledged as the largest bankruptcy case by liabili
EU Privacy Regulators Request Changes in EU-US Data Transfer Agreement
WP29 on Wednesday was calling for changes in the commercial data transfer agreement between US and EU. The agency said it does not provide enough protection for privacy for European users.
Regulators Said Takata Still Need To Recall 85 Million Airbags
US safety regulator announced Wednesday that Takata still need to recall its defective airbags. NHTSA said unless Takata proved them to be safe, all remaining airbags in US vehicles must be recalled e
SEC Files Fraud Charges Against Fired ConvergEx Executive Basilly Years After His Dismissal
SEC has filed a lawsuit against former ConvergEx exec Basilly on Tuesday on the allegation of defrauding traders. Prior to that, ConvergEx has admitted wrongdoing through its several units and counted
Five Large US Banks Do Not Have Sufficient Plan for Crisis Due to Lack of Information
GAO suggested financial regulators to disclose more information on their crisis policy framework. While five large banks do not have enough plan to manage operation during crisis.
McCormick Withdrew From Premier Foods Acquisition, Bid Too Pricey
McCormick will no longer acquire Premier Foods as it cannot provide the offer acceptable to the latter. Due to failure of the said talks, Premier was left to "fend for itself" for the company's succe
San Fransisco and Dallas Fed President Expected to See Interest Rate Hike Soon
Two other Fed presidents suggested the US central bank to raise interest rate. San Fransisco's John Williams said two or three rate hike in 2016 is reasonable. While Dallas' Rob Kaplan reminded to be
Planning For Output Cap in Oil Production Amid Rising Oil Prices Surprises Analysts
Crude oil prices have been witnessed to drop a little after hitting the four-month high, but still manage a few profits for the Asian oil producers. Amid such market situations, oil producers includin
Goldman Sachs to Pay $5 Billion Settlement Over Troubled Mortgage-Backed Securities
The lender must pay settlement for its misconduct in selling securities backed by troubled mortgage in 2008. The agreement reached Monday.
Two Fed Presidents Supported Rate Hike in the March's Meeting
Richmond and Kansas City Fed President supported to raise the interest rate during the meeting last March. While Philadelphia Fed President on Tuesday reitereated the hike delay is a prudent decision.
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