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FTC Sues Asbury Automotive For Charging Black, Latino Customers More
The U.S. Federal Trade Commission (FTC) is suing Asbury Automotive Group, alleging that three of its dealerships in Texas charged Black...

By The Financial District
Aug 27, 20241 min read


J&J In Talks With Holdouts For $6.5 Billion Talc Settlement
Johnson & Johnson said that it is negotiating with plaintiffs' lawyers who have opposed the company’s proposed settlement of lawsuits...

By The Financial District
Aug 27, 20241 min read


Meralco Wins Prestigious Data Impact Award
The Manila Electric Company (Meralco) has been honored with the prestigious Cloudera 2024 Data Impact Award for Leadership and...

By The Financial District
Aug 27, 20242 min read


Meralco Partners With Universities For Nuclear Push
The Manila Electric Company (Meralco), under the leadership of Manuel V. Pangilinan, has taken a significant step towards a nuclear...

By The Financial District
Aug 27, 20242 min read


Nestlé To Keep Health Science Unit After CEO's Exit
Nestlé intends to keep its Health Science unit.

By The Financial District
Aug 27, 20241 min read


Authors Sue Claude AI Chatbot Maker Anthropic For Copyright Infringement
A group of authors is suing artificial intelligence (AI) startup Anthropic, alleging it committed “large-scale theft” in training its...

By The Financial District
Aug 27, 20241 min read


BMW Beats Tesla, Takes Top Spot In European EV Sales
Sales of fully electric BMWs rose by more than a third in July, although the German carmaker still trails Tesla in year-to-date sales.

By The Financial District
Aug 27, 20241 min read


Mexico Gets $852-M Pension-Fund Backing For Iberdrola Deal
A majority of Mexican pension funds agreed to take part in an $852 million placement to help President Andrés Manuel López Obrador’s...

By The Financial District
Aug 26, 20242 min read


Nestlé Sacks CEO Mark Schneider, Replaces Him With Laurent Freixe
Nestlé CEO Mark Schneider was ousted in a sudden move by the world's biggest foodmaker as a result of the group's underperformance.

By The Financial District
Aug 25, 20241 min read


Canada Rail Strike Locks Out 9,000 Workers After Labor Talks Fail
Canada's top two railroads locked out more than 9,000 unionized workers, triggering an unprecedented rail stoppage that could cause...

By The Financial District
Aug 25, 20242 min read


IBM And USTA Serve Up New Generative AI Features To Enhance 2024 U.S. Open Fan Experience
As the 2024 US Open approaches, IBM and the United States Tennis Association (USTA) are set to redefine how fans engage with the...

By The Financial District
Aug 24, 20242 min read


Empowering The Unbanked
Huawei, a global telecommunications giant with a controversial reputation, has announced a partnership with UnionDigital Bank to enhance...

By The Financial District
Aug 24, 20242 min read


Roche Responds To Mpox Global Health Emergency
Roche, a leader in diagnostics and biotechnology, has reaffirmed its commitment to supporting global health in response to the World...

By The Financial District
Aug 24, 20242 min read


NTT Group Partners With ClimateForce To Create World’s First Smart Rainforest
NTT Group and ClimateForce have joined forces to create the world’s first Smart Rainforest.

By The Financial District
Aug 24, 20242 min read


SMC Nears Completion Of Bulacan River Cleanup, Eyes Pampanga River Next
San Miguel Corporation (SMC) is nearing the completion of its massive river cleanup in Bulacan, marking a significant milestone in its...

By The Financial District
Aug 23, 20243 min read


Champion Sustainability: Submit To The Triple P Awards Before August 30
The International Association of Business Communicators (IABC) Philippines invites organizations to showcase their commitment to a...

By The Financial District
Aug 22, 20242 min read


17,000 AT&T Workers In 9 States To Strike
More than 17,000 AT&T workers in nine states across the Southeast are on strike after accusing the company of unfair labor practices...

By The Financial District
Aug 22, 20241 min read


Alaska Airlines, Hawaiian Merger Clears U.S. DOJ Review
Alaska Airlines announced that its proposed merger with Hawaiian Airlines cleared a regulatory hurdle with the US Department of Justice...

By The Financial District
Aug 22, 20241 min read


Carlsberg Sees Major Threat From "Fake" Spanish Lager Brewed In The UK
Several companies are branding their beer as Spanish or Italian, despite the products being brewed in the UK.

By The Financial District
Aug 22, 20241 min read


Netflix Expresses Support For VAT On Foreign Digital Service Providers
Netflix, the media streaming service offering a wide range of TV shows, movies, anime, and documentaries on thousands of internet...

By The Financial District
Aug 22, 20242 min read


UK Tech Tycoon Mike Lynch Missing In Sicily Yacht Disaster
One person has died, six have gone missing, and 15 have been rescued after the superyacht Bayesian capsized in a storm off the coast of...

By The Financial District
Aug 21, 20241 min read


Edgar Bronfman Submits Roughly $4.3-B Rival Bid for Paramount Global
Veteran media executive Edgar Bronfman Jr. has submitted a bid of approximately $4.3 billion to take over Paramount Global through the...

By The Financial District
Aug 21, 20241 min read


U.S. FAA Orders Inspections Of Boeing 787 Jets Following Mid-Air Dive
The US Federal Aviation Administration (FAA) has announced that it will require inspections of Boeing 787 Dreamliners following an...

By The Financial District
Aug 21, 20241 min read


ACEN, GenZero, And Keppel To Collaborate On Early Retirement Of Coal-Fired Power Plant
ACEN, GenZero, and Keppel Ltd. (Keppel) have signed a Memorandum of Understanding (MOU) to explore the early retirement of the South Luzon..

By The Financial District
Aug 21, 20241 min read
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