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Trump Demands Walmart Absorb Tariff Costs, Blames Retailer for Inflation Threats
President Donald Trump recently lashed out at Walmart, demanding the retail giant absorb the costs of his tariff hikes instead of passing them on to consumers.

By The Financial District
May 22, 20251 min read
![[TRAILBLAZING] Sam Altman and Jony Ive Unveil Visionary AI Device That Could Redefine Computing](https://static.wixstatic.com/media/1c4fd3_a593492b47f14b97ad6f8b010579bb95~mv2.png/v1/fill/w_333,h_250,fp_0.50_0.50,q_35,blur_30,enc_avif,quality_auto/1c4fd3_a593492b47f14b97ad6f8b010579bb95~mv2.webp)
![[TRAILBLAZING] Sam Altman and Jony Ive Unveil Visionary AI Device That Could Redefine Computing](https://static.wixstatic.com/media/1c4fd3_a593492b47f14b97ad6f8b010579bb95~mv2.png/v1/fill/w_514,h_386,fp_0.50_0.50,q_95,enc_avif,quality_auto/1c4fd3_a593492b47f14b97ad6f8b010579bb95~mv2.webp)
[TRAILBLAZING] Sam Altman and Jony Ive Unveil Visionary AI Device That Could Redefine Computing
OpenAI CEO Sam Altman and world-renowned designer Sir Jony Ive have pulled back the curtain on their secret collaboration—a new class of AI-powered devices.

By The Financial District
May 22, 20253 min read


Meralco Makes Bold Mindanao Push Via Vantage Energy And MSU-IIT Partnerships
The Manuel V. Pangilinan-led Manila Electric Company (Meralco) is planting deeper roots in Mindanao—bringing with it the promise of reliable energy, technical education, and regional empowerment.

By The Financial District
May 21, 20253 min read


BYD Aims to Sell Half of Its Output in Global Markets
top automaker, BYD, has been telling investors since late last year that it aims for half of its sales to come from international markets by 2030.

By The Financial District
May 20, 20251 min read


China Warns Panama Ports Deal Firms To "Proceed with Caution"
China has warned all parties involved in the sale of Panama Canal ports by Hong Kong conglomerate CK Hutchison to exercise “caution.”

By The Financial District
May 20, 20251 min read


Mercedes-Benz To Produce Its Top SUV Model in Alabama
Mercedes-Benz made it official this week: it will begin producing its GLC SUV in the United States.

By The Financial District
May 20, 20251 min read


Big Pharma’s Reliance on Pricing Negotiation Loophole Means Trouble
Guidance from the Centers for Medicare and Medicaid Services (CMS) could spell trouble for Johnson & Johnson, Merck, Bristol Myers Squibb, and other major drugmakers.

By The Financial District
May 20, 20251 min read


Suzuki Car Exports From India Grow 18% To Record 333,000
Suzuki Motor’s car exports from India rose 18% to a record high of 333,000 vehicles for the fiscal year ending March, though sales in the key South Asian market remained flat.

By The Financial District
May 20, 20251 min read


Bright, Bold & Booming: China’s KKV Reshapes Southeast Asia’s Retail Scene
On a recent weekend in Singapore’s Tiong Bahru Plaza, yellow shipping containers transformed into eye-catching retail displays drew hundreds of Gen Z shoppers.

By The Financial District
May 20, 20253 min read


Intel Debuts AI GPUs For Workstation Systems
Intel is expanding its graphics chip offerings with the debut of its Arc Pro B50 and B60 series workstation cards.

By The Financial District
May 20, 20251 min read


STARLUX Airlines Brings Snoopy to the Skies
Snoopy fans, buckle up—Taiwan’s premier luxury airline, STARLUX Airlines, is taking its wildly successful PEANUTS™-themed inflight experience beyond Asia and across the Pacific.

By The Financial District
May 20, 20252 min read


PAGCOR Warns Public Anew Against Fraudulent Gaming Certifications
The Philippine Amusement and Gaming Corporation (PAGCOR) today issued a fresh warning to the public about fraudulent gaming certifications allegedly tied to Lucky 7 Bingo Corporation.

By The Financial District
May 20, 20252 min read


Bain Capital in Talks to Acquire PCI Pharma For $10 Billion
Bain Capital is in advanced discussions to acquire contract drug manufacturer PCI Pharma Services in a deal that would value the company at approximately $10 billion.

By The Financial District
May 19, 20251 min read


New Jersey Transit Strike Disrupts Commute For 350,000 Riders
A strike by New Jersey Transit train engineers has brought commuter rail services to a halt, affecting an estimated 350,000 daily riders.

By The Financial District
May 19, 20251 min read


Apple Probes Next Frontier With New Brain Implant Standard
Apple showcased its latest sci-fi vision by announcing that users of its products may one day be able to control them with brain signals.

By The Financial District
May 18, 20251 min read


Microsoft Lays Off 6,000 Workers in Latest Tech Cutback
Microsoft has begun laying off nearly 6,000 employees—roughly 3% of its 228,000-person workforce—as part of a broad restructuring.

By The Financial District
May 18, 20251 min read


Nvidia, AMD To Supply $10B In Semiconductors to Saudi Firm
Nvidia Corp. and Advanced Micro Devices Inc. will supply semiconductors to Saudi Arabian artificial intelligence company Humain for a massive $10 billion data center project.

By The Financial District
May 18, 20251 min read


Another U.S. EV Maker On The Brink Of Collapse
Another electric vehicle maker appears to be on the brink of collapse, the latest in a growing trend of EV startups failing to break through in a crowded marketplace

By The Financial District
May 18, 20251 min read


UnitedHealth Suspends 2025 Outlook, CEO Steps Down
UnitedHealth Group has withdrawn its 2025 outlook and announced the resignation of CEO Andrew Witty, less than a month after slashing its guidance.

By The Financial District
May 18, 20251 min read


Thai Builder Surrenders Over Deadly Building Collapse
Seventeen individuals including a prominent Thai construction magnate surrendered to police on criminal negligence charges in connection with the fatal collapse of a Bangkok high-rise during the March 28 earthquake in Myanmar.

By The Financial District
May 18, 20251 min read


Airbnb Takes on the Hotel—Without the Rooms
Seventeen years after disrupting the hotel industry, Airbnb is now competing with it on services—without requiring a booking.

By The Financial District
May 16, 20251 min read


Starbucks Baristas Strike Over Dress Code, More Walkouts Loom
Hundreds of Starbucks Corp. employees have walked off the job to protest the company’s new dress code, with more strikes likely in the coming days.

By The Financial District
May 16, 20251 min read


Walmart Stock Drops as It Signals Price Hikes Due to Trump Tariffs
Walmart has posted a mixed quarterly report morning as it navigates President Trump’s tariffs. Its Q1 revenue rose 2.5% to $165.6 billion, missing Wall Street expectations of $166.02 billion.

By The Financial District
May 16, 20251 min read


Xiaomi's New EV Orders in China Slump Over Fatal Crash, Bogus Ads
China’s Xiaomi is seeing a slump in new orders for its SU7 electric sedan, analysts said, as the company and its charismatic CEO grapple with a growing consumer backlash that now threatens its runaway sales success.

By The Financial District
May 16, 20252 min read
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