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Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles.
Private Equity Firms Eye Peloton Amid CEO Departure, Cost-Cutting Talks
Private equity firms are considering buying Peloton amid the CEO's departure and cost-cutting efforts. Restructuring aims to reduce expenses, and debt refinancing is in progress.
TikTok, ByteDance Sue US Over Biden Administration's 'Unconstitutional' TikTok Ban Law
TikTok and ByteDance sue US government over law potentially banning TikTok, arguing it violates free speech.
Xi Jinping Eases Trade Tensions With France, Increasing French Cognac Stocks In Return
French cognac makers saw their stocks surge after President Emmanuel Macron hinted at easing trade tensions with China.
Elon Musk Bashes Boeing for Having Too Many Non-Technical Managers Amid Tesla Layoffs
Elon Musk says Boeing has too many non-technical managers, criticizing the company while he continues to conduct Tesla layoffs.
Microsoft Xbox Announces Closure of Four Gaming Studios Over Disappointing Sales
Microsoft's Xbox is closing four gaming subsidiaries, including Arkane Austin, due to disappointing sales, although specific job losses weren't disclosed.
Victorinox to Make Bladeless Swiss Army Knife—CEO Carl Elsener Explains Why
Victorinox, the Swiss army knife maker, will make a bladeless version of the pocket tool. The company's CEO explains why.
Disney to Follow Netflix's Anti-Password Sharing Measures to Boost Streaming Revenue
Disney is taking action against password sharing on its streaming platforms to boost profits, with plans for a global rollout by September, which aligns with Netflix's strategy that has led to increas
Biden Administration's Economic Policies a 'Failure,' Says Billionaire Investor Stanley Druckenmiller
Billionaire investor Stanley Druckenmiller expresses dissatisfaction with the Biden Administration's economic policies, criticizing Treasury Secretary Yellen and Fed Chair Powell and blaming rising in
States With Abortion Bans Is Driving Away Young Employees
Young employees do not want to work in 20 states with Abortion bans, according to a survey with respondents aged 18-34 years old.
Global Olive Oil Production Hits Decade Low, Prices Set to Rise
Olive oil costs are still rising, so consumers should prepare for more increases. Olive oil prices are expected to exceed £16 per liter ($21).
Neuralink Co-Founder Implies He Left Elon Musk's Brain Implant Company Over Safety Concerns
A co-founder of Neuralink has implied that he left the brain implant company of Elon Musk over safety concerns.
Tennessee Cleaning Company Fined $650,000 for Illegally Hiring Children, Some as Young as 13, to Clean Dangerous Slaughterhouses
A cleaning company in Tennessee has agreed to pay nearly $650,000 after a federal probe found it had employed over 20 children to clean dangerous slaughterhouses in Virginia and Iowa.
Amazon Web Services to Invest Nearly $9 Billion to Boost Cloud Computing Venture in Singapore
Amazon Web Services (AWS) is planning to invest nearly $9 billion to expand its cloud computing infrastructure and services in Singapore.
Palmer Candy Recalls Over a Dozen 'White Coated' Confectionary Products Over Possible Salmonella Contamination
Palmer Candy, an Iowa-based candy company, is recalling several white-coated confectionary products due to potential Salmonella contamination.
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