Industry

Moderna loses $700 million U.S. contract to develop bird flu vaccine after government review ends funding.

Trump administration blocks US chip-design software exports to China to limit tech advancement amid trade tensions.

Ford recalls over 1 million vehicles due to a rearview camera glitch that may increase crash risk, offering free software updates.

GameStop invests over $500 million in bitcoin, marking its first major move into cryptocurrency.

The EU warns Shein over alleged consumer law violations, giving the retailer one month to respond or face possible fines.

Volvo cuts 3,000 jobs to save $2 billion amid industry challenges and global trade tensions.

President Trump delays 50% EU tariff to July 9, opening the way for new trade negotiations.

A Tokyo-to-Houston flight was diverted to Seattle after a passenger tried to open an exit door mid-flight.

Find out what's open and closed on Memorial Day 2025, including store hours, bank closures, and mail service updates.

McDonald's will close all CosMc's locations in June, ending its beverage-focused chain just two years after launch.

Trump warns Apple of a 25% tariff if it doesn't move iPhone production to the US.

Trump approves US Steel-Nippon merger, pledging 70,000 jobs and $14B investment in the US economy.

Levi's sells Dockers to Authentic Brands for $311 million to focus on denim, global growth, and core brand strategy.

Home Depot commits to keeping prices steady despite tariffs, setting itself apart from Walmart's planned price hikes.

Moderna Loses $700M US Contract for Bird Flu Vaccine Development