The administration of President Joe Biden has announced the awarding of $504 million in funding for 12 technology hubs in the US.
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General Motor Faces $145.8 Million Penalty Over Excess Carbon Emissions in 5.9 Million Vehicles
The Environmental Protection Agency (EPA) found that General Motors emitted more than 10% of what was reported between 2012 and 2018 in 5.9 million vehicles, penalizing the company with $145.8 million.
Germany Refuses to Let Chinese Company Buy Volkswagen's Gas Turbine Unit Over Fear of Military Use
Germany has rejected a Chinese state-owned company's bid to buy a gas turbine unit of Volkswagen Group's subsidiary company, citing national security concerns under the Foreign Trade and Payments Act.
McDonald's Cuts Breakfast Hours in Australia Due to Egg Shortage Caused by Bird Flu Outbreak
Australia's McDonald's branches have cut breakfast hours to 10:30 AM due to an egg shortage caused by bird flu outbreaks, which has already euthanized about one million hens.
Greece Implements Six-Day Working Week for Select Industries to Combat Tax Evasion
The Greek government has launched a six-day working week initiative starting in July, allowing extended weekly hours with overtime compensation, primarily for round-the-clock businesses.
Latest News
Former President Donald Trump's sentencing for his conviction on hush money case has been postponed until at least September.
The Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital Corporation over alleged violations of the Bank Secrecy Act.
Samsung Electronics workers in South Korea will hold a strike from July 8 to 10, according to union officials.
President Joe Biden and Senator Bernie Sanders have urged Novo Nordisk and Eli Lilly to lower the prices of their popular weight loss drugs.
The Biden administration canceled eight export licenses this year that had allowed several companies to send goods to the Chinese telecom giant Huawei.
GSK said that it was reorganizing its cooperation with CureVac, including gaining control over various vaccines they were producing together, including COVID-19 and influenza vaccines.
Netflix is pushing through with its plan to phase out its $11.99 ad-free tier for its existing subscribers later in July.
The National Black Farmers Association urged that Tractor Supply President and CEO Hal Lawton quit after the company announced the removal of DEI roles.
Tesla delivered 444,000 electric cars in the second quarter, above experts' expectations. Tesla vehicles are seen on a lot at a Tesla dealership on December 13, 2023 in Austin, Texas.
