Industry

China Reportedly Rolls Back Chip Tariffs Amid Ongoing US Trade

China Reportedly Rolls Back Chip Tariffs Amid Ongoing US Trade Tensions

China has quietly rolled back tariffs on some U.S. semiconductors, signaling a shift amid ongoing trade tensions with the US.


Meta's Reality Labs Faces Layoffs Amid Push for Efficiency in VR Development

Meta lays off staff in Reality Labs as it restructures VR and AR teams to boost efficiency.

Starbucks Accused of Profiting From Trafficked Labor on Brazilian Coffee Farms

Starbucks faces a lawsuit over claims it profited from forced labor on Brazilian coffee farms.

McDonald's Answers Chicken Wars With Long-Awaited Tenders Return

McDonald's brings back McCrispy Strips nationwide on May 5, rejoining the fast-food chicken battle.


Latest News

Apple and Meta Hit With Nearly $800 Million in EU
Apple and Meta fined nearly $800 million by the EU for breaking digital market rules under the Digital Markets Act.
Eli Lilly Sues Four Companies Over Imitation Weight-Loss Drug Tirzepatide
Eli Lilly sues four companies for selling unapproved versions of its weight-loss drug tirzepatide, citing safety concerns and illegal practices.
Big Lots Reopening Over 130 Stores in May After Major
Big Lots is reopening over 130 stores in May across 14 states after a major retail deal with Variety Wholesalers.
Swiss Pharma Roche Commits $50B to US Expansion, Backs Biotech
Swiss pharma giant Roche announces a $50 billion U.S. expansion, creating 12,000 jobs and boosting biotech in four states.
FDA Suspends Milk Testing Program Due to Mass Employee Departures
The FDA has paused its milk testing program after major staff cuts, raising concerns about national food safety.
Chipotle to Open First Mexican Restaurant, Despite Trump’s Tariff Threats
Chipotle is set to open its first restaurant in Mexico by 2026, expanding despite ongoing US-Mexico trade tensions.
Chicago Fed Chief Warns Against Political Interference in Central Bank
Chicago Fed Chief Austan Goolsbee defends the independence of the Federal Reserve amid President Trump's push to remove Fed Chair Jerome Powell.
Bitcoin Dips Below $100K as Trump Targets Federal Reserve Chief
Bitcoin drops below $100K amid market uncertainty fueled by Trump's trade war and potential firing of Federal Reserve Chairman Jerome Powell.
DHL Freezes Global Packages Over $800 Headed to US Consumers
DHL suspends shipments over $800 to US due to new customs rules, causing delays in global deliveries.
Boeing 737 MAX Returns to US as China Tariffs Halt
Boeing faces setbacks as two 737 MAX jets return to the US due to rising US-China tariffs disrupting aircraft deliveries to Chinese airlines.
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