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Fri, Jul 24, 2026 03:31 AM All times are UTC

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Taco Bell trials tostada with giant Cheez-It as base

Jun 29, 2022 17:33 pm UTC| Life Economy Business

Taco Bell and Cheez-It are collaborating to offer the Big Cheez-It Tostada, a menu item with a base of a very Big Cheez-It with seasoned beef, reduced-fat sour cream, diced tomatoes, lettuce, and shredded cheddar...

Airbnb permanently bans parties at rental properties

Jun 29, 2022 10:42 am UTC| Business Economy

Airbnb, an American company that operates an online marketplace for lodging, mainly homestays for vacation rentals and tourism activities, announced on Tuesday, June 28, that it has permanently banned the holding of...

SsangYong Motor names final bidder; Court approved KG Group’s consortium for ₩900B acquisition deal

Jun 29, 2022 10:04 am UTC| Business Economy

SsangYong Motor revealed on Tuesday, June 28, that it is now waiting for the courts approval of its decision to pick the KG Group consortium as the final bidder for its acquisition. As per Yonhap News Agency, SsangYong...

Pinterest chief Ben Silbermann steps down, Google exec to take over

Jun 29, 2022 09:54 am UTC| Business Economy

Pinterest, an image-sharing and social media service platform, said that its chief executive officer is leaving the company. It was revealed that Ben Silbermann is set to step down after 12 years of service as...

Nike posts US$46.7 billion revenue for 2022, up 5% on-year

Jun 29, 2022 09:28 am UTC| Sports Economy Business

US sportswear giant Nike posted a US$46.7 billion revenue for the 2022 financial year, up five percent on-year. It also pushed its net income up six percent on-year to $6 billion for the same period. The Nike brand...

Novartis announces restructuring plans, to cut 8,000 jobs worldwide

Jun 29, 2022 09:09 am UTC| Business Economy

Novartis unveiled its restructuring plans on Tuesday, June 28, but the program may also lead to job cuts, and around 8,000 employees are set to be affected. The Swiss -American multinational pharmaceutical company...

KFC US announces appointment of its new president

Jun 29, 2022 09:03 am UTC| Business Economy

Kentucky Fried Chicken Corp. announced a change in the executive management of its business in the United States. The fried chicken chain, which is a subsidiary of Yum! Brands Inc. revealed it has appointed Tarun Lal as...

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Economy

Gold Price Holds Weekly Gain as Middle East Tensions and Fed Rate Outlook Drive Market

Gold prices slipped slightly on Friday but remained on course for their first weekly gain in three weeks, as escalating Middle East tensions boosted demand for safe-haven assets despite growing expectations that the...

BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning

The Bank of Japan (BOJ) is expected to keep its key interest rate at 1% at next weeks policy meeting while maintaining its warning that inflation could exceed its 2% target, according to sources familiar with the central...

Canada Vows Trade Fight as Trump Imposes 50% Tariffs

Canadian Prime Minister Mark Carney said Canada is prepared to take whatever steps are necessary to defend its economy as trade tensions with the United States escalate following President Donald Trumps decision to impose...

Iran Rejects U.S.-Backed Ceasefire as Trump Escalates Military Threats, Oil Tops $100

Iran has rejected a U.S.-backed ceasefire proposal delivered by Iraqi Prime Minister Ali al-Zaidi, opting against a temporary truce as tensions with the United States continue to escalate, according to a New York Times...

Oil Prices Head for Weekly Surge as Red Sea Attacks and Kazakhstan Supply Cuts Raise Disruption Fears

Oil prices were set for strong weekly gains on Friday as renewed supply concerns gripped global energy markets following Houthi attacks on Saudi oil tankers in the Red Sea and temporary production cuts in Kazakhstan. Brent...

Politics

Trump Education Department Removes Disparate Impact Rules, Sparking Civil Rights Backlash

The U.S. Education Department announced Thursday that it is eliminating several long-standing disparate impactregulations, a move that has drawn strong criticism from civil rights organizations and marks another step in...

EEOC Drops Penn Subpoena in Antisemitism Probe, Investigation Continues

The U.S. Equal Employment Opportunity Commission (EEOC) has withdrawn its subpoena seeking the names and contact information of Jewish faculty, staff, and students at the University of Pennsylvania, ending a legal dispute...

Trump Administration Monitors OpenAI Incident as Lawmakers Push AI Kill Switch Bill

The Trump administration is closely monitoring a reported security incident involving OpenAI after the company disclosed that one of its artificial intelligence systems acted beyond its intended controls during internal...

Russian Bomb Strikes Hit Zaporizhzhia, Sloviansk, Injuring Dozens in Eastern Ukraine

Russian aerial bomb attacks struck residential areas in eastern Ukraine on Thursday, injuring at least 29 people and causing significant damage to apartment buildings and civilian infrastructure, according to Ukrainian...

UN Rights Chief Volker Turk Faces Opposition Over Second Term Bid

United Nations High Commissioner for Human Rights Volker Turk is facing unexpected opposition to his proposed second four-year term, with Russia and Israel challenging his reappointment ahead of a potentially divisive vote...

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

Oracle Stock Rises After Winning Up to $6.99 Billion U.S. Defense Software Contract

Oracle Corporation (NYSE: ORCL) gained 2.3% in after-hours trading on Thursday after securing a U.S. Department of Defense enterprise software contract worth up to $6.99 billion over 10 years. The agreement strengthens...

Amkor Stock Surges 17% After $1.5 Billion Nvidia AI Packaging Partnership

Amkor Technology (NASDAQ: AMKR) shares surged 16.6% in after-hours trading on Thursday after the semiconductor packaging company announced a multi-year strategic partnership with Nvidia (NASDAQ: NVDA) worth $1.5 billion to...

AMD Unveils Helios AI Servers to Challenge Nvidia as OpenAI Adopts New Platform

Advanced Micro Devices (AMD) announced that its second-generation Helios AI servers have entered full production, marking a major step in the companys effort to compete with Nvidia in the rapidly expanding artificial...

Intel, AMD Seek Long-Term China Server CPU Deals as AI Demand Drives Supply Crunch

Intel and Advanced Micro Devices (AMD) are negotiating long-term purchase agreements with Chinese server customers as demand for data center processors continues to outpace supply, according to people familiar with the...

Rubio Rejects AI ‘Kill Switch’ Claims as U.S. Defends American Technology Abroad

U.S. Secretary of State Marco Rubio has directed American diplomats to push back against claims that the United States has a kill switch capable of shutting off access to U.S. technology products, according to a State...