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Boeing fired and disciplined dozens of 'racist' employees

May 03, 2021 09:53 am UTC| Business Economy

Boeing dismissed 65 workers for their discriminatory behavior, racism, and overall hateful conduct. 53 other individuals managed to keep their jobs, but they were said to have been subjected to some sort of disciplinary...

LG Group launches LX Holdings

May 03, 2021 09:16 am UTC| Business Economy

LG Group sets up its new holding company called LX Holdings. It was said that this new firm has an asset worth around ₩8 trillion or $7.1 billion, and it was created as part of the companys restructuring plan. The new...

Intel investing additional $600 million for its chip plant in Israel

May 03, 2021 08:39 am UTC| Business Economy

Intel Corp. revealed on Sunday, April 2, that it will be spending $600 million for its chip plant in Israel. The company is investing more as it would like to expand its research and development (RD) division in the said...

Verizon may sell assets including Yahoo to Apollo for $4 to $5 billion

May 03, 2021 07:35 am UTC| Business Economy

Verizon and Apollo Global Management are said to be close to sealing a deal for the sale of the formers media assets that include Yahoo and AOL. The deal may be worth $4 to $5 billion. Once it successfully sold its...

Apple to face Epic Games in court for one serious legal battle

May 03, 2021 06:37 am UTC| Business Economy

Apple will be in court to answer the charges leveled against it by Epic Games. The iPhone maker is facing one of its most serious legal battles in years, and the trial is starting now. The said court trial is said to be...

McDonald’s UK removing five items from the menu and replacing them with new ones

May 03, 2021 05:26 am UTC| Business Economy

McDonalds UK announced the addition of five new items to the menu, and these will be available starting next week. There will be big changes in the menu lineup this month, and customers will see new food items in...

Posco sets up new entity in Poland to recycle LG batteries

May 01, 2021 16:08 pm UTC| Economy Business

Steelmaker Posco has set up an entity in Poland and will launch another one in Gwangyang, South Jeolla Province in South Korea to recycle LG Energy Solutions electric vehicle batteries. The entity in Poland will collect...

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Economy

Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure

Tensions between the White House and the U.S. Federal Reserve escalated sharply over the weekend after Federal Reserve Chair Jerome Powell revealed that the administration had allegedly threatened him with a criminal...

Japan Launches Deep-Sea Rare Earth Mining Mission to Reduce Reliance on China

Japan has taken a major step toward securing its supply of critical minerals by launching a groundbreaking deep-sea mining mission aimed at extracting rare earth elements from the ocean floor. A government-backed Japanese...

Australian Household Spending Surges, Raising Rate Hike Expectations

Australian household spending showed strong momentum for a second straight month in November, reinforcing signs that the economy is gaining traction and increasing expectations of future interest rate hikes. According to...

U.S. Dollar Slips as Powell Investigation Shakes Markets, Gold Hits Record High

The U.S. dollar weakened on Monday after retreating from its strongest level in a month, following reports that U.S. prosecutors have opened a criminal investigation into Federal Reserve Chair Jerome Powell. The...

UK Jobs Market Cools in December as Starting Salaries Rise, Survey Shows

Britains jobs market showed further signs of cooling in December, even as starting salaries for permanent roles increased at a faster pace, according to a closely watched survey of recruiters that will be reviewed by the...

Politics

ICJ to Hear Landmark Genocide Case Against Myanmar Over Rohingya Crisis

A landmark genocide case against Myanmar is set to open at the International Court of Justice (ICJ), the United Nations highest judicial body, marking the first full genocide hearing at the court in more than a decade. The...

Trump Reignites Greenland Takeover Claims, Citing U.S. Security and NATO Tensions

U.S. President Donald Trump has once again stirred global debate after declaring that the United States would acquire Greenland, even if such a move risks straining relations within the North Atlantic Treaty Organization...

Trump Considers Starlink to Restore Internet Access in Iran Amid Protests

U.S. President Donald Trump said on Sunday that he is considering discussions with billionaire entrepreneur Elon Musk about restoring internet access in Iran, where authorities have imposed widespread blackouts amid...

DHS Sends Hundreds More Officers to Minnesota After ICE Shooting Sparks Nationwide Protests

The U.S. Department of Homeland Security (DHS) announced it is deploying hundreds of additional federal officers to Minnesota following large-scale protests over the fatal shooting of a woman by an Immigration and Customs...

Who Is Li Chenggang? The Diplomat Shaping U.S.-China Trade Talks

Chinas lead trade negotiator Li Chenggang has emerged as one of the most influential figures in U.S.-China trade negotiations, despite a rocky moment last year that briefly threatened to derail high-level diplomacy. In...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

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...

Technology

Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition

Anthropic has announced the launch of a new suite of healthcare-focused tools integrated into its Claude AI chatbot, marking another significant step in the rapidly expanding use of artificial intelligence in medicine. The...

Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny

Elon Musk announced on Saturday that X, the social media platform formerly known as Twitter, will publicly release its recommendation algorithm, including the full code behind organic content and advertising post...

China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges

China is accelerating efforts to narrow its technological gap with the United States, driven by increased risk-taking, innovation, and strong policy support for artificial intelligence and semiconductors. Leading Chinese...

Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability

The U.S. Supreme Court has agreed to hear an appeal by Cisco Systems that could significantly reshape how American companies are held liable for alleged human rights abuses committed overseas. The case centers on the scope...

FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites

The U.S. Federal Communications Commission (FCC) has approved SpaceXs request to deploy an additional 7,500 second-generation Starlink satellites, marking a major step forward in the companys mission to expand global...
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