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Fri, Jan 09, 2026 09:45 PM All times are UTC

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Southwest Airlines CEO steps down; Robert Jordan appointed new chief

Jun 24, 2021 10:56 am UTC| Business Economy

Southwest Airlines revealed on Wednesday, June 23, that it has appointed Robert Jordan as its new chief executive officer as Gary Kelly is stepping down from his post. It was said that he will be the new company head...

Subway's lab test did not show tuna fish DNA in its tuna sandwiches: Report

Jun 24, 2021 10:55 am UTC| Business Economy

Subway has been placed in a difficult situation after The New York Times released its lab test report on the sandwich chains Subway tuna product. It was said that the publication initiated the lab test due to the companys...

Walgreens to award $25 to new recipients of COVID-19 vaccine

Jun 24, 2021 09:59 am UTC| Business Economy

Walgreens is doing its part to encourage people to get vaccinated. Early this week, the second-largest pharmacy chain in the United States announced that it will be giving $25 in the form of store credit to individuals who...

Louis Vuitton unveils plans to make department store business its main focus

Jun 24, 2021 08:31 am UTC| Business Economy

Louis Vuitton is one of the most well-known luxury brands in the world, and it managed to maintain its high standing in the fashion business for decades. Even today, this French label is still sought-after by not just the...

Chipotle to give away Tesla Model 3 as grand prize for its ‘Race To Rewards Exchange’ contest

Jun 24, 2021 08:01 am UTC| Business Economy

Chipotle Mexican Grill, the famous grill restaurant chain in the United States, announced it is giving away a Tesla Model 3 car as a grand prize for its video game contest called the Race To Rewards Exchange. Fox...

Google slashing in-app payment fee in South Korea by half

Jun 24, 2021 07:27 am UTC| Business Economy

Google revealed it made the decision to slash its in-app payment fee in South Korea by half. From 30%, a new policy will implement just a 15% fee, and this will take effect in October. The lowered in-app payment fee is...

Shinhan Bank closing down 40 branches due to plunging revenues

Jun 24, 2021 07:17 am UTC| Business Economy

Shinhan Bank revealed its plans to get rid of more than three dozen bank branches before the year ends. It was reported that the financial institution cited the high operating costs and decreasing interest income as the...

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Economy

Supreme Court Showdown: Trump's Sweeping Tariffs on the Brink of Landmark Ruling

On the legality of President Trumps extensive tariffs applied under the International Emergency Economic Powers Act (IEEPA), the U.S. Supreme Court is set to release a much-awaited decision as early as today, January 9,...

U.S. Dollar Edges Higher as Markets Await Jobs Data and Supreme Court Tariff Ruling

The U.S. dollar traded modestly higher on Friday, though overall foreign exchange market activity remained subdued as investors awaited two major catalysts: the release of the closely watched U.S. nonfarm payrolls report...

EU Set to Approve Historic Mercosur Trade Deal Amid Farmer Protests

European Union nations are expected to approve the signing of the blocs largest-ever free trade agreement with the South American Mercosur group, marking a major milestone more than 25 years after negotiations began. The...

Japan Proposes Tougher Foreign Investment Rules to Protect Economic Security

Japan is moving to tighten its foreign investment screening framework, proposing new powers that would allow authorities to order foreign investors to retroactively divest acquisitions deemed a risk to national or economic...

India-US Trade Deal Stalled as Modi-Trump Call Never Happened, Says US Commerce Secretary

Indias long-anticipated trade pact with the United States was delayed due to a breakdown in high-level communication, according to US Commerce Secretary Howard Lutnick, who said Prime Minister Narendra Modi did not place a...

Politics

Honduran Opposition Lawmaker Injured Amid Post-Election Tensions

Honduras political crisis deepened on Thursday after opposition lawmaker Gladis Aurora Lopez was injured when an explosive device was thrown near her inside the National Congress, according to a statement from her...

U.S. Weighs Direct Payments to Greenlanders Amid Renewed Push to Acquire Strategic Arctic Island

U.S. officials have reportedly discussed the possibility of offering lump-sum payments to residents of Greenland as part of a controversial effort to encourage the island to break away from Denmark and potentially align...

Trump Signals Willingness to Let New START Treaty Expire, Raising Global Nuclear Arms Concerns

U.S. President Donald Trump has indicated he is prepared to allow the last remaining U.S.-Russia strategic arms control treaty, known as New START, to expire without accepting a Russian proposal to voluntarily extend...

Canada and Brazil Call for Peaceful Venezuelan Transition After U.S. Military Raid

Canadian Prime Minister Mark Carney and Brazilian President Luiz Inácio Lula da Silva held talks on Thursday to discuss the escalating situation in Venezuela, reaffirming their shared support for a peaceful,...

Trump Says Taiwan Decision Is “Up to Xi,” Warns Against Changing Status Quo

U.S. President Donald Trump said it is ultimately Chinese President Xi Jinpings decision how China handles Taiwan, but warned he would be very unhappy if Beijing moved to change the current status quo. The remarks were...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...

Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer

Nvidia (NASDAQ: NVDA) has taken a significant step in strengthening its leadership team by appointing a senior Google (NASDAQ: GOOGL) executive as its first-ever Chief Marketing Officer, signaling a strategic move as the...

EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content

The European Commission has ordered Elon Musks social media platform X, formerly known as Twitter, to retain all internal documents and data related to its built-in artificial intelligence chatbot, Grok, until the end of...

SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally

Shares of South Korean memory chip giant SK Hynix surged to a fresh all-time high on Thursday, reflecting growing investor optimism around booming demand for artificial intelligence (AI) memory products and a strengthening...

OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook

OpenAI has reportedly established a massive $50 billion employee stock grant pool, a move that underscores the companys aggressive strategy to attract, retain, and reward top talent as it continues to scale its artificial...