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Electric Van Leasing Company EVCO Under Faces Insolvency Over $50 Million Debt

The insolvency status makes the Electric van leasing company, or EVCo, unable to pay its over $50 million debts, which were worsened by the arrest of its former executives in late 2023.


Meta's Alleged Illegal Drug Trade Under Investigation By U.S. Prosecutors

U.S. prosecutors in Virginia are investigating Meta over alleged illegal drug trade involvement, with subpoenas targeting records related to drug activities on Meta's platforms.

South Korea Announces $313 Billion Funding for Projects to Fight Climate Change

South Korea has committed to providing 420 trillion won ($313.4 billion) in policy loans to finance projects that will help the country meet its climate goals.

Unilever to Layoff 7,500 Employees and Split off Ice Cream Division to Slash Costs, Boost Profits

Unilever revealed Tuesday its plan to cut 7,500 jobs and split up its ice cream unit, which handles popular brands such as Magnum and Ben & Jerry's, to reduce costs and boost profits.


Latest News

Hunter Biden business associate Eric Schwerin has revealed to congressional investigators that he communicated with then-Vice President Joe Biden through a private email labeled with a "Robinware456" alias.
Elon Musk has admitted to meeting former President Donald Trump in Florida earlier this month. Elon Musk has admitted to meeting Donald Trump in Florida on March 3 but said it was not planned and that the former president did not ask him to contribute to his campaign.
Former President Donald Trump lost a bid to block testimony from Michael Cohen and Stormy Daniels in his upcoming hush money trial.
A researcher employed by ByteDance, the Chinese parent company of TikTok, was mistakenly added to a group chat for American AI safety experts.
Nvidia has partnered with Johnson & Johnson to develop new AI applications to help doctors perform surgery.
UnitedHealth Group announced progress in managing the repercussions of a major cyberattack on the US health system and Change Healthcare.
Prominent student housing figure Patrick S. Nelson is facing a turbulent legal battle with debts reaching $115 million.
An Arizona State University-led consortium with over 70 partners received $40 million from the US Department of Defense under the CHIPS Act.
Tech magnate Elon Musk has accused Google of intervening in elections to back Democratic candidates on numerous occasions.
EPA's landmark ban on asbestos in the US prioritizes public health and targets chrysotile asbestos in products, with support from lawmakers and advocates, advancing cancer prevention efforts nationwide.
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