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SC Allows Multibillion-Dollar Class Suit Against Meta to Proceed
The Supreme Court has allowed a multibillion-dollar class-action lawsuit against Facebook parent company Meta to proceed, following the...

By The Financial District
Nov 26, 20241 min read


U.S. Regulators Seek To Break Up Google, Force Chrome Sale
US regulators are asking a federal judge to break up Google, alleging the company has maintained an abusive monopoly through its dominant...

By The Financial District
Nov 25, 20241 min read


Target Faces Sluggish Spending While Walmart Posts Stellar Quarter
Target has reported sluggish sales and declining profits in the fiscal third quarter as inflation-weary customers cut back on apparel and...

By The Financial District
Nov 25, 20241 min read


PHP2 Million Worth Of Smuggled Cigarettes Seized In North Cotabato
Authorities confiscated PHP2 million worth of smuggled cigarettes in Pigcawayan, North Cotabato, following a tip-off.

By The Financial District
Nov 25, 20241 min read


Boeing Secures $2.38 Billion Contract For 15 USAF KC-46A Tankers
Boeing has secured a $2.38 billion contract from the US Air Force (USAF) for the construction of 15 additional KC-46A Pegasus aerial...

By The Financial District
Nov 25, 20241 min read


Microsoft Highlights AI Advancements With New Copilot Features
Microsoft unveiled significant updates to its cloud and AI offerings during its Ignite conference in Chicago.

By The Financial District
Nov 25, 20241 min read


U.S. Opens Probe Into 110,000 Ford SUVs Over Seat Belt Issue
The National Highway Traffic Safety Administration (NHTSA) announced, that it had launched a recall investigation into approximately...

By The Financial District
Nov 25, 20241 min read


German Manufacturers Warn Of A "Formidable Crash"
Germany’s manufacturing sector faces a deep crisis, with some describing it as one of the most severe economic downturns in decades.

By The Financial District
Nov 25, 20241 min read


Adani Bonds Tumble After Founder Charged By U.S. For Bribery
Dollar-denominated notes issued by the Adani Group fell as much as 10 cents on the dollar after US prosecutors charged Gautam Adani.

By The Financial District
Nov 25, 20241 min read


Medicaid Fuels U.S. Coverage Of Novo, Lilly Weight-Loss Drugs
U.S. government health plans dominate the coverage of popular weight-loss drugs, far surpassing reimbursement from private insurers and...

By The Financial District
Nov 25, 20241 min read


Passengers Confused As Kumamoto Transportation Firms Scrap IC Cards
Passengers in Kumamoto Prefecture, western Japan, expressed confusion as five local bus and train operators stopped accepting nationwide...

By The Financial District
Nov 25, 20241 min read


Comcast To Spin Off Cable TV Networks Amid Streaming Boom
Comcast has announced that it plans to spin off the majority of its declining NBCUniversal cable TV networks, including MSNBC and CNBC...

By The Financial District
Nov 25, 20241 min read


Walmart Raises Guidance Following Strong Earnings Report
Walmart continues to thrive as cost-conscious consumers flock to the retailer in search of value.

By The Financial District
Nov 25, 20241 min read


Uniqlo’s Chief Says Fast Fashion Must Change With The Times
Forty years after its founding, Japanese clothing retailer Uniqlo now operates over 2,500 stores globally. Its parent company, Fast...

By The Financial District
Nov 24, 20241 min read


Spain’s La Vanguardia Joins The Guardian In Leaving X Over "Toxic Content"
Spanish newspaper La Vanguardia announced it will stop posting on X, the platform formerly known as Twitter, citing concerns about dis...

By The Financial District
Nov 24, 20241 min read


Super Micro Stock Surges 29% On Nasdaq Compliance News
Super Micro Computer (SMCI) shares jumped as much as 29% in premarket trading following the company’s submission of a compliance plan to...

By The Financial District
Nov 24, 20241 min read


Historic Milestone: Philippines’ First Geothermal-BESS Hybrid System
AP Renewables Inc. (APRI), the geothermal subsidiary of Aboitiz Power Corporation, has signed an Engineering, Procurement, and...

By The Financial District
Nov 23, 20242 min read


Japan Supermarket Chain Sells Cheaper Taiwanese Rice As Prices Rise
The major Japanese supermarket chain Seiyu has begun selling rice produced in Taiwan.

By The Financial District
Nov 22, 20241 min read


GM to Recall 80,000 Vehicles Over Transmission Issues
General Motors (GM) will recall 77,824 vehicles due to incorrect software in the transmission control module, which could cause unintended..

By The Financial District
Nov 22, 20241 min read


President Marcos Witnesses Groundbreaking For World's Largest Solar, Battery Facility
Terra Solar Philippines, Inc. (TSPI), together with Meralco PowerGen Corporation (MGEN) and SP New Energy Corporation (SPNEC), officially...

By The Financial District
Nov 22, 20242 min read


Kraft Heinz Must Face Mac & Cheese Lawsuit, Judge Rules
A federal judge ruled that Kraft Heinz must face a proposed nationwide class-action lawsuit alleging false advertising for its Kraft Mac &..

By The Financial District
Nov 22, 20241 min read


Bluesky’s User Base Doubles In 90 Days As X Loses Subscribers
Bluesky, a leading competitor to Elon Musk's X, surged to the top of Apple’s U.S. App Store chart this week as disillusioned X users...

By The Financial District
Nov 22, 20241 min read


Spirit Airlines Files For Bankruptcy As Losses Mount
Spirit Airlines has announced having filed for bankruptcy protection, marking an effort to restructure amid mounting financial challenges.

By The Financial District
Nov 20, 20241 min read


Trump’s Transition Team To Kill Biden’s EV Tax Credit
President-elect Donald Trump’s transition team is planning to eliminate the $7,500 consumer tax credit for electric vehicle (EV) purchases..

By The Financial District
Nov 20, 20242 min read
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