Industry

Joe Biden Administration Allocates $504 Million to Scale Up 12 Technology Hubs in US

Joe Biden Administration Allocates $504 Million to Scale Up 12 Technology Hubs in US

The administration of President Joe Biden has announced the awarding of $504 million in funding for 12 technology hubs in the US.


SEC Sues Defunct Crypto Bank Silvergate Over Alleged Bank Secrecy Act Violations

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 to Stage Three-Day Strike Next Week

Samsung Electronics workers in South Korea will hold a strike from July 8 to 10, according to union officials.

Joe Biden, Bernie Sanders Urge Novo Nordisk and Eli Lilly to Lower Prices of Weight Loss Drugs

President Joe Biden and Senator Bernie Sanders have urged Novo Nordisk and Eli Lilly to lower the prices of their popular weight loss drugs.


Latest News

Google Blames AI in Carbon Emissions Rise, Challenging 2030 Net Zero Pledge
Google's annual sustainability report revealed that despite efforts, the company's carbon emissions continued to rise in part due to challenges related to AI.
Mexico's Sinaloa Drug Cartel Members Found Citi ‘Favorable’ for Money Laundering: Report
US officials said that drug traffickers for Mexico's Sinaloa cartel chose to launder money through Citi.
Cannabis Businesses Fail to Win Lawsuit Challenging US Marijuana Ban
A federal judge has dismissed a lawsuit filed by several Massachusetts cannabis businesses seeking to challenge the existing federal prohibition on marijuana.
China Forms New State Body to Find Oil and Gas Reserves Deep Underground
China has established a new entity that combines national oil producers and state firms to look for ultra-deep oil and gas reserves.
Joe Biden Administration Can’t Pause New LNG Export Approvals, Judge Rules
A federal judge in Louisiana has blocked the administration of President Joe Biden from pausing the approvals of liquefied natural gas (LNG) export applications.
FDA Announces Recall of Glenmark, BluePoint Blood Pressure Capsules Over Cardiac Arrest Fear
The US Food and Drug Administration (FDA) has announced the recall of 135 batches of potassium chloride extended-release capsules due to potential risks of cardiac arrest.
CHINA-ENVIRONMENT-CLIMATE-RIVERS
A recent study warns of China-Russia oil pipelines' impact on permafrost, prompting environmental concerns and potential regulatory and operational challenges for energy and other businesses in Arctic regions.
Ozempic, Wegovy Buyers Beware as Dangerous Fake Weight Loss Drugs Are Flooding the Market: Here's How to Stay Safe
As drugs for diabetes and weight loss, such as Ozempic and Wegovy, have surged in popularity, so has the issue of fake versions entering the market.
Fast Food Chains Like McDonald’s, Burger King, Starbucks, Warring to Offer Best Deals for Customers: Here's All The Details
Look at these fast food restaurants' deals and freebies that you can grab this summer! With fast food companies trying to lure back customers with lower prices and people looking to cut spending due to rising prices, the value meal bandwagon starts to build up.
Nokia Buys Infinera for $2.3 Billion as It Prepares for AI Data Center Boom
Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.3 billion. Nokia is set to acquire US optical networking gear maker Infinera in a deal worth $2.
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