Industry

Mexico's Sinaloa Drug Cartel Members Found Citi ‘Favorable’ for Money Laundering: Report

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.


Latest News

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.
Toblerone Continues to Sweeten Russia's Shelves Despite US Maker Mondelez Halting Imports: Report
Toblerone chocolates have continued to be available on the shelves in Russia despite Mondelez International's efforts to halt imports.
Nike to Launch $100 Sneaker Line After Surprise Drop in Sales Sends Shares Plummeting to Worst Day on Record
Nike is set to introduce a new line of sneakers priced at $100 or less globally to revive its sales amid declining shares.
United Airlines Denies Removing Woman From Flight for Misgendering Staff Member
United Airlines has refuted an American mother's claim that she was kicked off a flight after she mistakenly misgendered a flight attendant.
US Drug Prices Soared by 37% Over Past Decade, Far Surpassing Inflation Rate
Prescription drug prices in the US have reportedly climbed over the past decade, with a rate far surpassing inflation.
Uber to Pay $1,000 to US, Canada Drivers Who Will Ditch Their Cars for 5 Weeks
Uber will pay more than 100 people in the US and Canada $1,000 to abandon their cars for five weeks.
H&M to Offer More Discounts to Win Back Lost Customers
H&M plans to increase its discounted offerings in the second half of this year to regain lost customers.
Boeing's Financial Issues Will Not Stop Union Workers From Holding a Strike
Boeing's ongoing financial and production issues will not deter its workers from holding a strike.
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