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Thu, Jul 23, 2026 01:07 AM All times are UTC

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Bed Bath & Beyond securing funding in frantic effort to avoid bankruptcy

Feb 08, 2023 09:03 am UTC| Business Economy

Bed Bath Beyond may no longer need to file for bankruptcy any time soon after obtaining the funds it needs to keep the company going. The struggling retailer reportedly finalized a stock offering that is expected to...

Kakao becomes second largest SM Entertainment shareholder after a 9.05% stake acquisition

Feb 08, 2023 07:28 am UTC| Business Economy

Kakao has acquired a 9.05% stake in SM Entertainment, and with this, it has become the second largest shareholder of the company after its founder, Lee Soo Man. The acquisition was announced by the internet company on...

Pulmuone looking to launch instant meal vending machines in South Korea

Feb 08, 2023 06:09 am UTC| Business Economy

Pulmuone Co. Ltd, a food manufacturer known for its plant-based food products, is reportedly planning to introduce instant meal vending machines in South Korea. The company is currently in talks with Yokai Express, a...

Hermes pursues jury nod for trademark violation vs 'MetaBirkins' NFT creator

Feb 07, 2023 23:23 pm UTC| Law Technology Economy Business

French fashion house Hermes International SCA urged a US jury to find that Mason Rothschild, a creator of NFTs dubbed MetaBirkins, violated its trademark for Birkin bags, Rothschild lawyers argued that the MetaBirkins...

Google opens Bard chatbot to test users, plans more AI for search

Feb 07, 2023 23:23 pm UTC| Technology Economy Business

Alphabet Inc will launch a chatbot service Bard and more artificial intelligence for its Google search engine following the publics rapid embrace of Microsoft-backed OpenAIs chatbot, ChatGPT. According to Alphabet Chief...

57 lawsuits against L'Oreal, other hair relaxer manufacturers consolidated in Illinois federal court

Feb 07, 2023 23:18 pm UTC| Law Economy Business Health

Fifty-seven lawsuits alleging that hair relaxer products sold by LOreal USA Inc and two India-based firms cause cancer and other health problems will be consolidated before US District Judge Mary Rowland in Chicago, The...

UFC generates €33.4 million for the Paris economy

Feb 07, 2023 23:13 pm UTC| Sports Economy Business

The Ultimate Fighting Championships (UFC) event in France last September headlined by former interim UFC Heavyweight Champion Ciryl Gane and Tai Tuivasa generated 33.4 million for the Paris region, according to Applied...

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Economy

South Korea Q2 GDP Beats Forecasts as AI Chip Exports Drive Growth

South Koreas economy expanded faster than expected in the second quarter of 2026, supported by resilient semiconductor exports as global demand for artificial intelligence (AI) technologies continued to boost the countrys...

Nasdaq Drops as AI Earnings, Oil Surge and Middle East Tensions Weigh on Wall Street

U.S. stocks ended mixed on Wednesday as investors turned cautious ahead of key earnings from major technology companies while rising oil prices and escalating tensions in the Middle East added to inflation concerns. The...

US Dollar Pauses Rally as Middle East Tensions Support Safe-Haven Demand

The U.S. dollar edged lower on Wednesday after reaching its strongest level in more than a week, but persistent geopolitical risks and surging oil prices continued to support demand for the greenback. Investors remained...

Gold Price Climbs Above $4,130 as Middle East Tensions Boost Safe-Haven Demand

Gold prices climbed to their highest level in more than two weeks on Wednesday as investors returned to the precious metal amid escalating geopolitical tensions in the Middle East and continued support above the key...

Gold Price Surges Above $4,100 as Middle East Tensions Boost Safe-Haven Demand

Gold prices extended their rally on Wednesday, climbing above the key $4,100-an-ounce level as investors sought safe-haven assets amid escalating Middle East tensions and growing concerns over global energy supplies....

Politics

US Investigates Moonshot Over Alleged Use of Advanced AI Chips and IP Theft

The U.S. Bureau of Industry and Security (BIS) has launched an investigation into whether Chinese artificial intelligence companies, including Moonshot AI, have gained access to advanced U.S. AI chips in violation of U.S....

Rubio Urges Global Isolation of Nicaragua After Ortega Vows to End Elections

U.S. Secretary of State Marco Rubio has urged the international community to increase pressure on Nicaragua after President Daniel Ortega announced that the country would no longer hold elections, a move that has drawn...

US-Backed Pediatric HIV Treatment Drops After Foreign Aid Changes, Study Finds

Around 77,000 fewer children worldwide received HIV treatment supported by the United States in the fiscal year ending October 2025 compared with the previous year, according to research presented at the AIDS 2026...

US, Solomon Islands Deepen Ties as Peace Corps Set to Return After 25 Years

The United States is strengthening its relationship with the Solomon Islands by reviving the Peace Corps program and expanding development assistance, signaling Washingtons continued focus on the strategically important...

US Sends First Humanitarian Aid Flight to Cuba Under $100M Assistance Plan

The United States has launched the first humanitarian aid flight to Cuba under a newly announced $100 million assistance initiative, marking a significant step in Washingtons effort to provide direct relief to the Cuban...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Alphabet Q2 Earnings Beat Estimates as AI Spending, Google Cloud Growth Fuel Outlook

Alphabet (NASDAQ: GOOGL) delivered stronger-than-expected second-quarter 2026 results, driven by rapid growth in Google Cloud and continued investment in artificial intelligence infrastructure. Despite beating Wall Street...

Elon Musk Fuels SpaceX-Tesla Merger Speculation After Earnings Call

The possibility of a merger between Tesla (NASDAQ: TSLA) and SpaceX gained fresh attention after Teslas second-quarter earnings call, with Deepwater Managements Gene Munster increasing the odds of a deal taking place in...

IBM Q2 Earnings Miss Estimates as Software Growth Offsets Infrastructure Weakness

International Business Machines (NYSE: IBM) reported second-quarter 2026 earnings that missed Wall Street expectations, although its shares gained about 3% after the company had already warned investors about weaker...

OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails

OpenAIs planned mega data center in Australia will rely on a more energy-intensive cooling system after developers abandoned plans to use recycled water, according to a Reuters report published Thursday. The change comes...

Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S.

Taiwan-based Wistron Corp. (TW:3231), one of Nvidias leading manufacturing partners, has officially opened its first U.S. production facility in Fort Worth, Texas, marking a significant milestone in the expansion of...