Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic.
Corporations
Chinese Carbon Tech Firm XDS Invests on Mark Cavendish’s Cycling Team Astana Qazaqstan
Chinese carbon bicycle technology manufacturer XDS confirmed Monday (July 15) that it will invest in the professional cycling team Astana Qazaqstan.
Japanese General Trader Marubeni Invests on Amata's Vietnamese Industrial Park
Marubeni Corporation recently announced that it was participating in the development and operation of an industrial park in Vietnam run by a subsidiary of the Thai industrial developer Amata Corporation.
UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire
Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.
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.
Latest News
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company that former President Donald Trump recently took public, continue to rapidly fall.
Donald Trump's social media firm, Truth Social, saw its stock surge about 16% on its first day of trading on the Nasdaq.
Match Group, the parent company of Tinder and Hinge, adds two new directors after discussions with activist investor Elliott.
The Warren Buffett-led conglomerate Berkshire Hathaway has increased the pay of Greg Abel, the 93-year-old billionaire's designated successor, to $20 million.
Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank.
Snowflake CEO Frank Slootman's decision to step down caused an 18% decline in the company's stock price.
Oprah Winfrey's announcement that she was leaving WeightWatchers International, Inc.'s board has made the company's shares tumbling.
South Korea's market watchdog warned that corporations may be fined for failing to boost shareholder returns over time.
Former President Donald Trump is appealing a New York judge's ruling that he must pay $454 million in penalties and interest in a civil fraud case.
