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Bezos' Blue Origin Gets FAA License For First New Glenn Rocket Launch
The Federal Aviation Administration (FAA) announced on Friday that it has issued a commercial space launch license for Blue Origin's New...

By The Financial District
Jan 5, 20251 min read


Biden To Block Nippon Steel’s $14 Billion Bid For U.S. Steel
President Joe Biden is expected to block the $14 billion takeover of U.S. Steel by Japan's Nippon Steel, citing national security concerns.

By The Financial District
Jan 5, 20251 min read


AT&T, Verizon Targeted By Chinese "Salt Typhoon" Cyberspooks
The Chinese-linked "Salt Typhoon" cyberespionage operation targeted AT&T and Verizon's systems.

By The Financial District
Jan 3, 20251 min read


Powering A Sustainable Future: Meralco’s Bold Leap Towards Nuclear Energy
In an era defined by the urgent need for sustainable energy solutions, the Manila Electric Company (Meralco) stands at the forefront of...

By The Financial District
Jan 3, 20253 min read


HBO, Cablevision Founder Charles Dolan Dies At 98
Charles F. Dolan, a pioneer in the U.S. cable broadcasting industry and the founder of Home Box Office Inc. (HBO) and Cablevision Systems...

By The Financial District
Jan 3, 20251 min read


Maryland Sues Maker Of Gore-Tex Over Forever Chemicals Pollution
Maryland has filed a lawsuit against the company responsible for producing the waterproof material Gore-Tex, commonly used in raincoats...

By The Financial District
Jan 2, 20251 min read


TSMC Starts Mass Chip Production In Japan
Taiwan Semiconductor Manufacturing Co. (TSMC) announced on Friday that it has begun mass production at its first factory in Japan, located..

By The Financial District
Jan 2, 20251 min read


China Quiz On Beef Imports Causes JBS, Marfrig Shares To Dip
Shares of JBS SA, the world’s largest meat company, and other Brazilian beef producers fell sharply following news that China has launched..

By The Financial District
Jan 2, 20251 min read


Arcadium Lithium Shareholders Approve $6.7 Billion Rio Tinto Deal
Arcadium Lithium has announced that its shareholders have approved a $6.7 billion sale to Australian mining giant Rio Tinto.

By The Financial District
Jan 2, 20251 min read


Starbucks Loses Appeal Over Baristas' Firing In NLRB Case
A federal appeals court largely rejected Starbucks' challenge to a National Labor Relations Board (NLRB) ruling that the coffee chain...

By The Financial District
Jan 2, 20251 min read


Montenegro Approves Extradition Of Crypto Mogul Do Kwon To U.S.
Montenegro's Justice Ministry has approved the extradition of Do Kwon, a South Korean entrepreneur known as "the cryptocurrency king," to...

By The Financial District
Jan 2, 20251 min read


Novo Nordisk Shares Plunge After Disappointing Trial Results
Novo Nordisk shares plunged 20% following disappointing trial results for its latest weight-loss drug, CagriSema.

By The Financial District
Jan 2, 20251 min read


Cadbury Loses Royal Warrant After 170 Years
Chocolate maker Cadbury has lost its royal warrant for the first time in 170 years.

By The Financial District
Jan 2, 20251 min read


Chinese Workers Found In "Slavery-Like Conditions" At BYD Site In Brazil
Brazilian authorities discovered 163 Chinese nationals working in "slavery-like conditions" at a construction site for a factory owned by...

By The Financial District
Dec 31, 20241 min read


Nordstrom Family, Mexican Group Take Department Store Chain Private
Century-old department store Nordstrom has agreed to a $6.25 billion deal to go private, led by members of the Nordstrom family and a...

By The Financial District
Dec 31, 20241 min read


Exec Charged Over 2022 Oil Spill Into Michigan’s Flint River
Rajinder Singh Minhas, president of Flint-based Lockhart Chemical, has been charged in connection with the 2022 unauthorized discharge of...

By The Financial District
Dec 31, 20241 min read


Cyberattack Disrupts Japan Airlines’ Holiday Flights
Japan Airlines (JAL) announced it was hit by a cyberattack, causing delays to more than 20 domestic flights.

By The Financial District
Dec 31, 20241 min read


AboitizPower: Energizing the Future
As the sun sets on another year, AboitizPower shines brighter than ever, marking 2024 as a transformative chapter in its journey to...

By The Financial District
Dec 31, 20244 min read


Synopsys’ $35 Billion Ansys Acquisition To Get EU Approval
U.S. chip design software company Synopsys is set to receive conditional EU antitrust approval for its $35 billion acquisition of Ansys.

By The Financial District
Dec 28, 20241 min read


CFPB Accuses Rocket Homes Of Illegal Kickback Scheme
The Consumer Financial Protection Bureau (CFPB) has accused Rocket Homes, a subsidiary of Rocket Companies, and The Jason Mitchell Group...

By The Financial District
Dec 28, 20241 min read


U.S. Panel Divided Over Nippon Steel’s $15 Billion Bid For U.S. Steel
The Committee on Foreign Investment in the United States (CFIUS) informed the White House that it could not reach a consensus on the...

By The Financial District
Dec 28, 20241 min read


Nissan-Honda Merger To Boost Japanese Share Of Global Auto Market
In a groundbreaking move, Honda and Nissan have announced plans to merge, aiming to create the world’s third-largest automaker by sales.

By The Financial District
Dec 28, 20241 min read


Walmart Illegally Opened Bank Accounts For 1 Million Drivers: CFPB
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Walmart and fintech company Branch Messenger, accusing them of..

By The Financial District
Dec 27, 20241 min read


Polish E-Commerce Allegro’s Unit Sues Alphabet For $568 Million
A subsidiary of Polish e-commerce platform Allegro filed a lawsuit on Monday against Google parent company Alphabet, Google Ireland, and...

By The Financial District
Dec 27, 20241 min read
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