top of page
Search


Toyota’s Hino Motors Settles $1.6 Billion U.S. Diesel Emissions Case
Toyota Motor unit Hino Motors has agreed to a $1.6 billion settlement with U.S. authorities and will plead guilty to charges related to...

By The Financial District
Jan 20, 20251 min read


Lufthansa Acquires 41% Stake In Italy’s ITA Airways
Deutsche Lufthansa AG finalized the acquisition of a minority stake in Italian airline ITA Airways on Friday, following an initial offer...

By The Financial District
Jan 20, 20251 min read


U.S. Defense Firm To Build 4,000-Worker Manufacturing Plant In Ohio
US defense contractor Anduril Industries has announced plans to construct an advanced manufacturing facility in central Ohio, creating...

By The Financial District
Jan 20, 20251 min read


FTC Hits Middlemen For Inflating Specialty Generic Drug Prices
Pharmacy benefit managers (PBMs), acting as middlemen between drugmakers, insurers, and pharmacies, earned $7.3 billion in revenue by...

By The Financial District
Jan 20, 20251 min read


Powering A First-World Philippines
Under the visionary leadership of Edgar B. Saavedra, Citicore Renewable Energy Corporation (CREC) has emerged as a lighthouse of innov...

By The Financial District
Jan 20, 20253 min read


Low Pay for Exploited Labor, Long Hours Dog Shein’s Success Story
The BBC’s Laura Bicker spent 10 days speaking with factory workers in Guangzhou's Panyu neighborhood, known as "Shein village."

By The Financial District
Jan 20, 20251 min read


Short Seller Nate Anderson Disbands Hindenburg
Nate Anderson, the short seller known for campaigns targeting billionaires like Gautam Adani, Jack Dorsey, and Carl Icahn, has announced...

By The Financial District
Jan 20, 20251 min read


German Defense, Foreign Ministries Suspend Use Of Musk’s X
Germany’s Defense Ministry announced it is suspending activity on the social media platform X, citing difficulties in maintaining...

By The Financial District
Jan 20, 20251 min read


TSMC’s Q4 Profit Rises 57% To A Record
Taiwanese chipmaker TSMC reported a 57% increase in fourth-quarter net profit on Thursday, setting a new record, as demand for semi...

By The Financial District
Jan 19, 20251 min read


BP Cutting 4,700 Jobs Worldwide In Cost-Saving Effort
UK-based oil giant BP is eliminating 4,700 jobs globally and an additional 3,000 contractor roles as part of a cost-saving initiative.

By The Financial District
Jan 19, 20251 min read


Mitsubishi Quits China Metal Trading After Copper Fraud
Japanese conglomerate Mitsubishi Corp. plans to shut down its Chinese metal trading operations following suspected fraud by a copper...

By The Financial District
Jan 19, 20251 min read


Coors Light Temporarily Changes Name To "Mondays Light"
Coors Light has announced that it is temporarily changing its name to “Mondays Light” to lighten the mood on what it calls "one of the..."

By The Financial District
Jan 17, 20251 min read


Japan PM Urges Biden To Address Issues Over U.S. Steel Deal
Japanese Prime Minister Shigeru Ishiba has urged U.S. President Joe Biden to address concerns in business circles arising from the...

By The Financial District
Jan 17, 20251 min read


Several Women Accuse UK Author Neil Gaiman Of Sexual Assault
Best-selling British author Neil Gaiman has released a statement denying allegations of sexual assault after a magazine published accounts..

By The Financial District
Jan 17, 20252 min read


Kohl’s To Close 27 Stores In 12 States
Kohl’s announced it will close 27 underperforming stores across 12 states as the retailer aims to improve profitability amid ongoing...

By The Financial District
Jan 17, 20251 min read


Cleveland-Cliffs and Nucor Plan Joint Bid For U.S. Steel
Cleveland-Cliffs and Nucor are preparing a joint bid to acquire US Steel, weeks after US President Joe Biden blocked a $15.1 billion...

By The Financial District
Jan 17, 20251 min read


China Considers Selling TikTok To Elon Musk
Chinese officials are reportedly in preliminary discussions about selling TikTok’s US operations to billionaire Elon Musk, should the...

By The Financial District
Jan 17, 20251 min read


Europe’s Largest Pension Fund Divests Tesla Over Musk’s Pay
Europe’s largest pension fund, Stichting Pensioenfonds ABP, sold its €571 million ($585 million) stake in Tesla Inc. during the third...

By The Financial District
Jan 16, 20251 min read


TSMC Cuts Ties With Singapore Firm For Supplying Chips To Huawei
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading contract chipmaker, has severed its relationship with PowerAIR...

By The Financial District
Jan 15, 20251 min read


Semirara Mining Sets Record For Coal Shipments
Semirara Mining and Power Corporation (SMPC) achieved a historic milestone in 2024, recording 16.5 million metric tons (MT) of coal...

By The Financial District
Jan 15, 20251 min read


D&L Industries Pushes Eco-Friendly Innovation
D&L Industries, through its subsidiary D&L Polymer & Colours, Inc. (DLPC), is driving sustainability in plastics by pioneering a break...

By The Financial District
Jan 15, 20252 min read


Walgreens Posts Stronger Results, Eyes Progress On Turnaround Plan
Walgreens reported better-than-expected fiscal first-quarter results, offering optimism about its turnaround strategy for reviving its...

By The Financial District
Jan 15, 20251 min read


Altice Agrees To Internet Upgrades In West Virginia Settlement
Altice USA, the parent company of one of West Virginia’s largest internet providers, reached a settlement with the state to resolve...

By The Financial District
Jan 15, 20251 min read


Supreme Court Appears Inclined To Uphold U.S. TikTok Ban
The US Supreme Court appears ready to uphold a law mandating the sale or banning of the popular short-video app TikTok in the United...

By The Financial District
Jan 14, 20251 min read
bottom of page





![TFD [LOGO] (10).png](https://static.wixstatic.com/media/bea252_c1775b2fb69c4411abe5f0d27e15b130~mv2.png/v1/crop/x_150,y_143,w_1221,h_1193/fill/w_179,h_176,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/TFD%20%5BLOGO%5D%20(10).png)