Industry

In the Era of Shrinkflation, Cinemark Sued for Allegedly Swindling Customers by Shortchanging Them on Beverages

In the Era of Shrinkflation, Cinemark Sued for Allegedly Swindling Customers by Shortchanging Them on Beverages

Cinemark is allegedly duping its customers by offering 24-ounce drink cups that can only hold a maximum of 22 ounces, according to a proposed class-action suit filed in a Texas federal court.


ASML's Potential Exit from the Netherlands: Dutch Minister Remains Optimistic About Company's Future

The Dutch Finance Minister expressed confidence in ASML's commitment to remain in the Netherlands despite the company's previous threats.

Shipping Industry Calls on UN to Protect Vessels, Seafarers Following Iran's Seizure of MSC Aries Container Ship

The shipping industry is urging the United Nations (UN) to take decisive action to protect merchant vessels and seafarers amid escalating attacks in the Middle East.

Joe Biden Moves to Triple Tariffs on Chinese Steel and Aluminum to Protect US Industries Against China's Unfair Practices

President Joe Biden has proposed a tripling of the existing tariff rate on some steel and aluminum imports from China.


Latest News

Stability AI Cuts 10% of Its Workforce Following the Controversial Exit of Its CEO
Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque. Artificial intelligence startup Stability AI has initiated a round of layoffs following the departure of its CEO, Emad Mostaque.
China Slams US Probe Targeting Beijing's Logistic, Maritime, and Shipbuilding Industry
A spokesperson for China's Ministry of Commerce (MOFCOM) said the US petition against its maritime, logistics, and shipbuilding sectors is full of baseless allegations that impede trade and investment.
Disneyland Cast Members Move One Step Closer to Unionizing as They File for Union Vote
Disneyland cast members who work in the shows, parades, and visitor meet-and-greets at the amusement park are getting closer to becoming a union.
australia
Australia's employment fell in March following a big surge in February, while the jobless rate rose.
Google Confirms More Layoffs, Relocations as Part of Finance Team Restructuring Amid AI Shift
The finance team of Google is undergoing restructuring, which will include layoffs and relocations, as the company shifts its focus towards investments in AI.
Trump's Truth Social Stock Price Plummets by Nearly 70% From Its Peak; SocMed Reportedly Gone Woke
The stock of Trump Media & Technology Group, the parent company of Trump's social media platform Truth Social, has become a crucial factor in the former president's financial standing ever since the company made its debut on the stock market in March.
Intel, Linux Foundation, and Other Tech Companies Will Work Together to Build Open Generative AI Tools for Businesses
Intel and other major tech companies have launched the Open Platform for Enterprise AI (OPEA) project.
Donald Trump's Truth Social to Launch Streaming Platform, But Trump Media Stock Still Drops as New Plan Fails to Excite Investors
Investors in Trump Media & Technology Group's stock witnessed another dip even after its social media platform, Truth Social, announced it was entering the streaming world.
CHINA-ECONOMY
The first quarter of 2024 saw China's GDP grow 5.3% year-over-year, above expectations. Employees work on an engine assembly line at an engine manufacturing factory in Qingzhou, in China's eastern Shandong province on April 16, 2024.
Trump Media’s First Auditor Quits After Just a Few Months on the Job: Report
The first auditor appointed by former President Donald Trump's social media company has reportedly resigned after just a brief tenure.
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