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McCormick issues recall on three popular seasonings over salmonella contamination

Jul 29, 2021 10:14 am UTC| Business Economy

McCormick Company posted a recall notice as three of its popular seasonings were detected to have been potentially contaminated by salmonella. According to CBS News, the possible contamination was found after a routine...

Delta Air Lines plans to hire 5,000 workers as it starts to recover from the COVID-19 pandemic slump

Jul 29, 2021 09:54 am UTC| Business Economy

Delta Air Lines announced that it will be hiring 5,000 new employees as the company starts to work to fully recover from the slump brought about by the COVID-19 pandemic. It has been more than a year since the lockdowns...

eBay’s former employee gets an 18-month imprisonment sentence for cyberstalking

Jul 29, 2021 09:13 am UTC| Business Economy

eBays former security supervisor, who was also said to be a retired police captain, will be locked up in jail after he was sentenced to an 18-month imprisonment term. He got the verdict as a conspirator in the coordinated...

Facebook announces recall of Oculus Quest 2 headset's facial foam

Jul 29, 2021 08:31 am UTC| Business Economy

Facebook said on Tuesday, July 27, that it is recalling its Oculus Quest 2 headsets, and about four million devices are affected. In line with the recall, the tech company is also halting the sale of the said virtual...

Google may have to pay copyright fees for news in S. Korea soon

Jul 29, 2021 08:13 am UTC| Business Economy

Google has been paying copyright fees for news in some countries, and this was after it formed the Google News Showcase, a licensing scheme where the company pays fees to news organizations. While this program was already...

Apple reveals chip shortage is catching up with iPhone

Jul 29, 2021 07:30 am UTC| Business Economy

Apple Inc. confirmed earlier this week that its iPhones and other devices are now affected by the global chip shortage as well. Due to this situation, the company is expecting a slow down of production, which would, in...

Chad Everett Harris On the Best Ways to Expand Your Business Today

Jul 29, 2021 07:09 am UTC| Business

Today, many businesses are hoping to take advantage of the economic recovery by expanding their operations. If you fail to expand your business when it is called for, you run the risk of being left behind during market...

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Economy

Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting

The Japanese yen strengthened on Tuesday after the Bank of Japan (BOJ) maintained its interest rates but hinted at potential rate hikes amid rising inflation risks. The USD/JPY pair declined by 0.2%, hovering near the 159...

Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets

Asian stock markets delivered a mixed performance on Tuesday as investors reacted to elevated oil prices, ongoing geopolitical tensions, and the Bank of Japans decision to keep interest rates unchanged. Market sentiment...

Oil Prices Rise Amid U.S.-Iran Tensions and Strait of Hormuz Deadlock

Oil prices moved higher during Asian trading on Tuesday as geopolitical tensions between the United States and Iran continued to weigh on global energy markets. The ongoing stalemate over the Strait of Hormuz, a critical...

Wall Street Futures Rise as Trump Discusses Iran’s Hormuz Strait Proposal and Tech Earnings Loom

Wall Street futures moved slightly higher on Monday evening after major U.S. stock indexes reached new record highs, reflecting cautious optimism among investors. SP 500 Futures climbed 0.2% to 7,217.0 points, while Nasdaq...

BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns

The Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged at 0.75% following its latest two-day monetary policy meeting, a move that aligned with market expectations. However, the decision revealed a...

Politics

King Charles Addresses U.S. Congress, Emphasizes UK-US Alliance Amid Political Tensions

Britains King Charles III is set to deliver a historic address to the U.S. Congress on Tuesday, reinforcing the long-standing special relationship between the United Kingdom and the United States. The speech comes at a...

Trump Skeptical of Iran Hormuz Proposal as Nuclear Talks Stall

U.S. President Donald Trump and his national security team remain doubtful about Irans recent proposal to reopen the Strait of Hormuz while delaying discussions on its nuclear program, according to a Wall Street Journal...

White House Withdraws Trump’s National Park Service Nominee Amid Criticism

The White House has officially withdrawn President Donald Trumps nomination of Scott Socha to lead the National Park Service (NPS), more than two months after it was submitted to the U.S. Senate. The administration did not...

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal

The Australian government has announced a new plan that could impose multimillion-dollar charges on major tech platforms like Meta, Google, and TikTok if they fail to compensate local media companies for news content...

Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand

Shares of Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, delivered an explosive performance during their Hong Kong stock market debut, underscoring strong investor...

OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO

OpenAI is reportedly facing mounting pressure after missing key internal targets for both user growth and revenue, raising concerns about its ability to sustain aggressive spending plans. According to a Wall Street Journal...

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...