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J&J Advances $6.475-B Settlement Of Talc Cancer Lawsuits
Johnson & Johnson is moving forward with a $6.475 billion proposed settlement of tens of thousands of lawsuits alleging that its baby...

By The Financial District
May 3, 20241 min read


CVS Chops 2024 Forecast As Costs Of Its Care Business Soar
CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast.

By The Financial District
May 3, 20241 min read


2 Raids Net 10 Chinese, 26 Pinoys For Illegal Games, Online Scams
The Philippine Amusement and Gaming Corporation (PAGCOR) has announced that 10 Chinese nationals and 26 Filipinos have been apprehended in..

By The Financial District
May 2, 20242 min read


Philippine Airlines' Consolidated Revenues Surge 6% To USD826 Million
Philippine Airlines (PAL), the flag carrier of the Philippines, has reported a substantial 6% increase in its consolidated revenues...
By Reggie Vizmanos
May 2, 20242 min read


16 Arrested For Illegal Online Raffle On Facebook
Sixteen individuals were apprehended by the Philippine National Police Anti-Cybercrime Group (PNP-ACG) and Philippine Amusement and Gaming..

By The Financial District
May 2, 20242 min read


Musk Fires Tesla Senior Executives Amid Falling Sales
Elon Musk, CEO of Tesla, has taken decisive action in response to falling sales by dismissing two senior executives and announcing plans...

By The Financial District
May 2, 20241 min read


Microsoft Invests $1.7 Billion In AI And Cloud Infrastructure In Indonesia
Microsoft CEO Satya Nadella has announced a groundbreaking investment of $1.7 billion in new cloud and artificial intelligence...

By The Financial District
May 2, 20241 min read


U.S. Probes Tesla Recall Of 2 Million Vehicles Over Autopilot
The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Tesla's recall of over 2 million vehicles...

By The Financial District
May 2, 20241 min read


Tesla Announces Layoffs Amid Declining Sales And Increased Competition
Tesla revealed its plans to lay off 693 employees at its facilities in Sparks, Nevada, as part of its strategy to reduce its global...

By The Financial District
May 2, 20241 min read


U.S. Air Force Awards $13 Billion Contract For Doomsday Plane Project
The US Air Force (USAF) has taken a significant step towards modernizing its capabilities with the awarding of a $13 billion contract to...

By The Financial District
May 2, 20241 min read


Dubai Ruler Approves $35 Billion Airport Terminal Expansion
Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai, has given the green light to a colossal project: the construction of a new...

By The Financial District
May 2, 20241 min read


OFFICIAL STATEMENT: COBI Vows Commitment To Safe And Reliable Drinking Water In Cagayan de Oro
Cagayan de Oro Bulk Water Inc.’s (COBI) has maintained its commitment to supply safe and reliable drinking water to the people of Cagayan...

By The Financial District
May 1, 20242 min read


Blackstone To Make Improved Bid For Hipgnosis
Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund, which owns the music rights of artists...

By The Financial District
May 1, 20241 min read


Rolls-Royce Expanding Its UK Factory To Build Custom-Made Cars
Rolls-Royce is vastly expanding its factory in Chichester, England.

By The Financial District
May 1, 20241 min read


ByteDance Won’t Sell TikTok USA As Ban Looms
TikTok’s Chinese parent company ByteDance said that it has no plans to sell the social media platform, its first official response on the...

By The Financial District
May 1, 20241 min read


EU Probes Meta Over Fears Of Election Interference, Foreign Disinformation
European Union (EU) officials are investigating Meta over concerns the company hasn’t done enough to protect upcoming EU elections or to...

By The Financial District
Apr 30, 20241 min read


Paramount Global Ousts President Bob Bakish
Paramount Global parted ways with its chief executive, Bob Bakish, in a seismic move that sent reverberations through the media...

By The Financial District
Apr 30, 20241 min read


IMAX Doubles Footprint In Philippines
The largest cinema chain in the Philippines, SM Cinema, has announced a major expansion of its partnership with IMAX Corporation...

By The Financial District
Apr 30, 20242 min read


UAW Strikes Deal With Daimler Truck, Prevents Strike
The United Auto Workers (UAW) union successfully negotiated a last-minute tentative agreement with Daimler Truck, avoiding a potential...

By The Financial District
Apr 30, 20241 min read


Adani Group Building World’s Biggest Clean Energy Plant
Five times the size of Paris. Visible from space. The world’s biggest energy plant. Enough electricity to power Switzerlan

By The Financial District
Apr 29, 20242 min read


Viet Firm Building Solar Panel Manufacturing Plant In No. Carolina
A Vietnamese-based company will build its first North American solar panel manufacturing plant in eastern North Carolina, creating over...

By The Financial District
Apr 29, 20241 min read


TotalEnergies Q1 Earnings Drop 22%
Declining natural gas revenues dampened TotalEnergies' performance in the first quarter of 2024, with earnings down 22% due to shrinking...

By The Financial District
Apr 29, 20241 min read


Germany, France Ink Deal To Build New Main Battle Tank
France's defense minister has received his German counterpart to ink a deal between the two countries to build a next-generation battle...

By The Financial District
Apr 29, 20241 min read


France's Casino Supermart Chain To Cut Jobs
France's Casino supermarket chain has announced plans to reduce its workforce by between 1,300 and 3,200 jobs following its recent...

By The Financial District
Apr 29, 20241 min read
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