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General Motors May Have to Leave China After Reporting $106 Million Loss in Just 3 Months

General Motors might need to leave China as losses mount to $106 million in just three months, the third time in 15 years.


Chinese Scammer Jailed After Earning $415,000 From Faking Live-Stream Views and Traffic Using 4,600 Phones

A man in China ran a modus operandi using 4,600 phones to fake live-stream viewer counts, earning $415,000 in less than four months.

Over 90% of Stablecoin Transaction Volumes Come from Automated Bots Rather Than Actual Users: Study

A recent study reveals that over 90% of stablecoin transaction volumes are not from consumers. An illustration picture taken in London on May 8, 2022, shows gold plated souvenir cryptocurrency Tether (USDT), Bitcoin and Etherium coins arranged beside a screen displaying a trading chart.

Gates Foundation Partners With Novo Nordisk and Wellcome Trust in $300 Million Initiative to Advance Global Health Research

The Bill & Melinda Gates Foundation, Novo Nordisk Foundation, and Wellcome Trust collaborated to solve global health concerns using science and technology.


Latest News

gasoline
Global gasoline demand growth may half in 2024 due to a return to normal consumption after COVID-19 and a shift to electric cars in China and the US.
WestJet Starts Canceling Flights as It Prepares for Strike by Aircraft Maintenance Engineers
WestJet and its maintenance engineer union have agreed tentative deal, averting a work stoppage. A Westjet Boeing 737-800 taxies at Pearson Airport in Toronto, Ontario, on May 16, 2022.
CVS Pharmacy
A Florida Costco customer has filed a lawsuit against three pharmacies and their respective pharmacists, claiming that a pharmacist gave him Adderall, which put him into a psychotic state.
 Heineken Announces £39 Million Investment to Reopen 62 Closed UK Pubs
The focus of the investment will be on reopening 62 pubs that were previously closed and renovating 94 existing outlets.
Alipay+
Chinese fintech firm  Ant Group wants to expand globally by linking mobile payment apps with Alipay+.
Donald Trump, Republic National Committee Rake in Over $76 Million in April as Fundraising War With Joe Biden Heats Up
Former President Donald Trump's election campaign and the Republican National Committee (RNC) disclosed on Saturday that they collectively raised more than $76 million in April.
Twitter Founder Jack Dorsey Leaves BlueSky Board a Few Months After Deleting His Own Account on the Social Network
Twitter founder Jack Dorsey has left the board of Bluesky, the decentralized social media platform he co-founded.
Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud
Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams. Berkshire Hathaway Chairman and CEO Warren Buffett has warned about artificial intelligence (AI) scams, which he believes could evolve into "the growth industry of all time.
Biden Administration's Pending Marijuana Reclassification Could Lead to Huge Tax Cut for Cannabis Companies
Led by the US Drug Enforcement Administration (DEA), this proposed change acknowledges cannabis's medical benefits and lower abuse potential than other controlled substances.
Berkshire Hathaway's Brooks Running CEO Deems China, Europe as Growth Areas
Brooks Running's newly appointed chief executive has expressed optimism about the potential growth of the business in China and Europe.