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Nike Stock Plunges As Gloomy Sales Forecast Raises Concerns
Nike's stock slumped 20% on Friday following a forecast for a surprising drop in annual sales, heightening investor concerns about the...

By The Financial District
Jul 1, 20241 min read


Foxconn Nixes Married Women From India iPhone Jobs
Foxconn has systematically excluded married women from jobs at its main India Apple iPhone assembly plant, citing that they have more...

By The Financial District
Jul 1, 20241 min read


Aer Lingus Pilots Stage 8-Hour Work Stoppage in Ireland
Hundreds of striking Aer Lingus pilots marched at Dublin Airport as part of an ongoing dispute with the airline over pay.

By The Financial District
Jun 30, 20241 min read


SC Upholds Tax On Foreign Income Over Business-Backed Challenge
The Supreme Court (SC) has upheld a tax on foreign income over a challenge backed by business and anti-regulatory interests, declining...

By The Financial District
Jun 30, 20242 min read


Strike May Force UK’s Tata Steel Closures Next Week
Workers at the UK’s Tata Steel have been informed that the company is taking steps to potentially cease operations at much of the Port...

By The Financial District
Jun 30, 20241 min read


McDonald's Launches $5 Meal Deal
McDonald's has rolled out its $5 meal deal for a limited time at some restaurants across the US, the burger giant said, as fast-food...

By The Financial District
Jun 28, 20241 min read


U.S. Probing China Telecom, China Mobile Over Internet, Cloud Risks
The Biden administration is investigating China Mobile, China Telecom, and China Unicom due to concerns that these firms might exploit...

By The Financial District
Jun 28, 20241 min read


German-Austrian Heiress Distributes Her $26.8-M Assets
A young German-Austrian heiress has realized her plan to redistribute almost all of her assets to organizations that are devoted to...

By The Financial District
Jun 27, 20241 min read


U.S. Prosecutors Want Boeing Slapped With Criminal Charges
US prosecutors have recommended that the Justice Department (DOJ) bring criminal charges against Boeing.

By The Financial District
Jun 27, 20241 min read


Metro Pacific Water And Suez Ink Deal To Build Iloilo Desalination Plant
MetroPac Water Investments Corporation (Metro Pacific Water), a leading developer and operator of water and wastewater infrastructure in...

By The Financial District
Jun 26, 20242 min read


Strict Emission Rules Force Honda To End Minibike Production
Honda Motor Co. plans to end the production of its mini motorcycles with 50 cc or smaller engines by November 2025 amid the need to comply..

By The Financial District
Jun 26, 20241 min read


Snapchill Recalls Canned Coffee Due To Botulism Risk
Wisconsin coffee company Snapchill has recalled all canned products due to suspicion that the products could cause botulism.

By The Financial District
Jun 26, 20241 min read


U.S. Columnist Wants Ban On Preemption Laws Written By Corporations
Corporations have successfully argued before the Supreme Court for various constitutional rights.

By The Financial District
Jun 26, 20241 min read


Krispy Kreme Is Rolling Out "Friends" Doughnuts In UK, Ireland
Krispy Kreme’s newest doughnuts celebrate the 30th anniversary of the sitcom “Friends.” But while the show was set in New York, the...

By The Financial District
Jun 25, 20241 min read


Emperador Inc. Sets PHP6.5 Billion CapEx For 2024
Renowned brandy and whisky conglomerate Emperador Inc. has allocated PHP6.5billion for capital expenditures (CapEx) in 2024.

By The Financial District
Jun 25, 20241 min read


U.S. Case vs. TikTok Focuses On Children's Privacy
The US Department of Justice plans to focus an upcoming lawsuit against TikTok on allegations that the popular social media platform...

By The Financial District
Jun 25, 20241 min read


FDA OKs First Menthol E-Cigarettes To Help Adult Smokers
The Food and Drug Administration (FDA) has authorized the first menthol-flavored electronic cigarettes for adult smokers.

By The Financial District
Jun 25, 20241 min read


U.S. Official Says No Decision Yet On Prosecuting Boeing
The US Justice Department has made no decision yet on whether to pursue a prosecution of planemaker Boeing for violating the terms of a...

By The Financial District
Jun 24, 20241 min read


Vitamix Recalls Almost 570,000 Blender Parts
Parts of a pricey blender that can cost up to $990 can cause deep cuts, Vitamix announced in an expanded recall—but don’t expect a refund.

By The Financial District
Jun 24, 20241 min read


Yaccarino Shakes Up X Amid Musk's Pressure On Costs
The chief executive of social media platform X, Linda Yaccarino, has shaken up her inner circle in the face of pressure from owner...

By The Financial District
Jun 24, 20241 min read


Alaska Airlines, Flight Attendants Reach Tentative Deal
A union representing flight attendants for Alaska Airlines said that they have reached a tentative agreement for a record contract with...

By The Financial District
Jun 24, 20241 min read


Bugatti’s New Car Is A $4 Million, 1,800 HP Hybrid
Bugatti has unveiled its new model, the Bugatti Tourbillon, a massively powerful hybrid with 1,800 hp and an equally impressive price tag...

By The Financial District
Jun 24, 20241 min read


88 Vietnamese Workers Hired By Japanese Confectionery Left Idle Without Pay
More than 80 Vietnamese workers who signed contracts to work for Japanese confectionery maker Chateraise Co. were left on standby without...

By The Financial District
Jun 24, 20241 min read


Judge Okays Sale Of Express Inc. To Group Led By WHP Global
A US bankruptcy judge has approved the sale of the majority of Express Inc.’s operations to a consortium led by brand acquisition and...

By The Financial District
Jun 24, 20242 min read
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