Industry

PetroChina Fined $14.5 Million for US Export Law Violation, DOJ Says

PetroChina Fined $14.5 Million for US Export Law Violation, DOJ Says

PetroChina International America has agreed to pay a fine and forfeiture totaling $14.5 million for violations of US export law.


Nvidia Stock Recovers by 2.2% Following Three-Day Decline Due to Fluctuating AI Interest

Nvidia's stock rebounded by 2.2% after three days of declines, impacting the Nasdaq composite and investor concerns about the sustainability of AI stock valuations.

US Skilled Labor Shortage, Rising Construction Costs Threaten to Derail New LNG Projects

Some new liquefied natural gas (LNG) projects in the US Gulf Coast are experiencing delays due to a shortage of skilled labor.

China Telecom, China Mobile Face US Government Investigations Over Data Misuse Concerns

The United States (US) is investigating China Mobile, China Telecom, and China Unicom over data misuse concerns.


Latest News

Snapchill Canned Coffee Products Recalled Over Deadly Botulism Toxin Fears
Coffee manufacturer Snapchill issued a countrywide product recall after federal regulators warned that its production process could produce a deadly toxin.
Music Industry Titans File Lawsuit Against AI Companies for Copyright Abuse
Major record labels, including Sony Music, Universal Music Group, and Warner Records, are suing AI start-ups Suno and Udio for allegedly committing extensive copyright violations.
Chrystia Freeland
Canada declared that it was considering tariffs on Chinese electric cars to support its allies, the US and EU.
Hooters
Hooters shutters numerous underperforming outlets across the US due to economic issues. At Hooters on February 23, 2010 in Atlanta, Georgia. (Photo : Rick Diamond/Getty Images for Paramount) Hooters has joined several American chains that have shuttered several outlets, citing severe economic difficulties.
China's ByteDance Is Reportedly Working With Broadcom to Create Advanced AI Chip
China's ByteDance is reportedly collaborating with US chip designer Broadcom to develop an advanced AI processor.
PillBots: These Swallowable Robotic Pills Could Revolutionize Diagnosis, Prevention of Gastrointestinal Disorders
Developed by Endiatx, these tiny and swallowable robots, called PillBots, are poised to revolutionize gastrointestinal health monitoring.
China, EU Agree to Hold Talks on Planned EV Tariffs Amid Ongoing Tensions
China and the European Union (EU) have agreed to negotiate on proposed tariffs on Chinese EVs amid ongoing tensions.
Boeing may be Charged by US Prosecutors for Violating 2021 Settlement, According to Sources
Prosecutors recommended that the US Department of Justice file charges against Boeing after discovering it allegedly violated a settlement made in 2021 that shielded it from criminal charges.
Huge Fire Breaks Out at Scottish Industrial Park
Firefighters battle a huge fire at the Linwood Industrial Estate near Glasgow Airport in Scotland. This picture shows a general view of the skyline ahead of a fireworks display during the opening ceremony of the 2014 Commonwealth Games in Glasgow on July 23, 2014.
Spotify Introduces New Basic Streaming Plan in the US
Spotify has unveiled a new basic streaming plan for users in the US. Spotify has unveiled a new basic streaming plan for users in the United States (US) following recent price hikes for its premium subscriptions.
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