The Biden administration will enforce inflation penalties on 64 prescription drugs, reducing costs for Medicare enrollees. This is part of efforts to lower US drug prices and support Biden's reelection agenda.
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US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities
The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.
US Car Sales in June Projected to Drop Owing to CDK Outage Affecting Dealerships Nationwide
New vehicle sales in the US are expected to be lower this month due to the CDK Global outage, which affected dealerships nationwide.
SCOTUS Trashes Lawsuit vs. Biden Administration’s Social Media Censorship
In a 6-3 vote, the US Supreme Court dismissed a lawsuit seeking to restrict the federal government’s ability to communicate with social media firms like Google, Meta, and Twitter/X about content moderation.
Boeing Dismissed Former Employee’s Concern About Flaws in 787 Planes, Complaints Claim
Richard Cuevas, the mechanic who repaired 787 jets for Boeing supplier Spirit AeroSystems in Everett, filed complaints with authorities after observing poor work and was fired for reporting the problems.
Latest News
No Fortune 100 CEOs have donated to former President Donald Trump in this election cycle, according to new data.
Singapore has confiscated more than $4 billion in assets tied to criminal and money laundering activities over the past five years.
Amnesty International UK has criticized the potential initial public offering (IPO) of Shein on the London Stock Exchange.
China has expressed willingness to work with US dairy companies that would like to expand their business in the Chinese market.
PetroChina International America has agreed to pay a fine and forfeiture totaling $14.5 million for violations of US export law.
Tesla has issued another recall for its futuristic Cybertruck electric pickups. Tesla has issued another recall for its futuristic Cybertruck electric pickups to fix loose trim pieces and faulty front windshield wipers, according to National Highway Traffic Safety Administration (NHTSA) disclosures.
General Motors has hired former key Xbox engineer and executive Marc Whitten as the new CEO of Cruise, its robotaxi service, in an aim to recover itself after being suspended of its California license.
A federal judge rejected a $30 billion settlement intended to cap the fees Visa and Mastercard charge merchants for credit and debit card transactions.
Millions of Miniverse toy sets produced by MGA Entertainment have been recalled by the US Consumer Product Safety Commission due to risks of skin burns, eye and respiratory irritation from contained resins.
