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Chevron to buy Renewable Energy Group for $3.15 billion

Feb 28, 2022 23:15 pm UTC| Economy Business Nature

Chevron Corp is buying biodiesel maker Renewable Energy Group Inc for $3.15 billion, in its biggest bet so far on alternative fuels. Chevron would pay $61.5 in cash per share of Renewable Energy, more than 40 percent...

Elon Musk's SpaceX Starlink satellite internet service activated in Ukraine

Feb 28, 2022 23:11 pm UTC| Technology Economy Politics Science

SpaceX Starlink internet satellites are now active in Ukraine as the country suffers power outages due to Russias invasion, founder and CEO Elon Musk announced. Vice Prime Minister Dmitry Rogozin of Ukraine requested...

Burger King UK's £600m flotation stalls due to Ukraine conflict

Feb 28, 2022 23:02 pm UTC| Economy Business Investing

Burger King UKs 600million flotation has stalled due to investor nerves over the Ukraine conflict. While Burger King has not formally announced plans to list its UK division on the London Stock Exchange, it has hired...

Starbucks Korea donates Han Yong Un’s handwritten calligraphy to celebrate Independence Day

Feb 28, 2022 10:03 am UTC| Business Economy

Starbucks Korea is celebrating the countrys upcoming Independence Day by donating its prized handwritten calligraphy relic of Han Yong Un. The man was a historical figure, a twentieth-century Korean Buddhist reformer, and...

UPS, FedEx suspend delivery services to Russia and Ukraine

Feb 28, 2022 09:47 am UTC| Business Economy

United Parcel Service Inc. and FedEx Corp. are two of the biggest parcel delivery companies in the United States and the world. Due to the ongoing Russian invasion of Ukraine, they have halted their services in Russia and...

Nike, LeBron James, Pebbles Cereals collaborate for fruity new sneakers

Feb 28, 2022 09:34 am UTC| Business Economy

Nike, LeBron James, and Pebbles Cereals have teamed up to create the new Nike LeBron James 19 Low Magic Fruity Pebbles kicks. The Magic Sneakers is also being launched to mark the National Cereal Day celebrations. The...

Huawei launches MatePad Paper to rival Amazon’s Kindle

Feb 28, 2022 09:15 am UTC| Business Economy

Huawei has been releasing a bunch of new products, and the past weekend, it has unveiled a device to compete with Amazons popular Kindle line. The Chinese tech company introduced its Huawei MatePad Paper. The release of...

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Economy

Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

Japan is preparing to issue new government bonds worth approximately $189 billion to help finance a record-breaking national budget for the next fiscal year, according to a draft budget reviewed by Reuters. The move...

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Bank of Japan (BOJ) policymakers actively debated whether to continue raising interest rates toward levels considered neutral for the economy, according to minutes from their October policy meeting released on Wednesday....

Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

Spot gold surged past the key psychological level of $4,500 per ounce for the first time on Wednesday, marking a historic milestone for the precious metal and reinforcing its status as a preferred safe-haven asset. The...

Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs

Asian shares edged higher on Wednesday, rounding off a strong finish to 2025 as artificial intelligence-driven optimism continued to fuel global equity markets. The positive momentum followed an overnight rally on Wall...

U.S. Stock Index Futures Steady After S&P 500 Hits Record on Strong Economic Data

U.S. stock index futures were little changed on Tuesday evening following a record-setting close for the SP 500, as stronger-than-expected economic growth data continued to bolster confidence in the U.S. economy. Market...

Politics

Democratic Attorneys General Sue Trump Administration Over Proposed Limits on Gender-Affirming Care for Youth

A coalition of Democratic state attorneys general has filed a federal lawsuit seeking to block proposed rules by the Trump administration that would significantly restrict access to gender-affirming care for transgender...

U.S. Pledges Maximum Sanctions on Venezuela Amid Rising Global Tensions

The United States has told the United Nations it will impose and strictly enforce sanctions to the maximum extent against Venezuela in an effort to deprive President Nicolás Maduro of financial resources, escalating...

DOJ Releases New Epstein Files Detailing Alleged Trump Flights on Private Jet

A newly released batch of Jeffrey Epstein-related documents from the U.S. Department of Justice has renewed scrutiny around former President Donald Trumps past social ties to the late financier, according to emails and...

U.S. Coast Guard Faces Resource Strain as It Pursues Venezuela-Linked Oil Tanker

The U.S. Coast Guard is waiting for specialized reinforcements before deciding whether to board and seize a Venezuela-linked oil tanker it has been pursuing since Sunday, according to U.S. officials cited by Reuters. The...

Federal Judge Upholds Trump Administration’s $100,000 H-1B Visa Fee

A federal judge has rejected a legal challenge to President Donald Trumps controversial $100,000 fee on new H-1B visa applications, delivering a significant win for the administrations immigration policy agenda. On...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...