Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
Industry
Winrevair: Merck’s Drug for Rare, Deadly Lung Condition Gets FDA Approval
Merck has received approval from the Food and Drug Administration (FDA) for its new drug, Winrevair, designed to treat a rare and deadly lung condition.
Facebook Accused of Secretly Wiretapping Snapchat Through Users' Phones in 'Project Ghostbusters,' Documents Reveal
Recently revealed court documents claim that Meta had a covert operation called 'Project Ghostbusters' aimed at spying on Snapchat.
Baltimore Bridge Collapses After Colliding With Maersk Ship, Prompting State of Emergency
Shipping Giant Maersk held itself accountable for the vessel 'DALI' involved in the Francis Scott Key Bridge collision in Baltimore, which resulted in a collapse, rescue operations, and a state of emergency.
Sale of Elon Musk's Starlink Terminals Is Flourishing Through the 'Black Market,' Making Them Fall Into the Wrong Hands
Elon Musk's Starlink terminals are reportedly falling into the wrong hands as they become targets for a flourishing black market trade worldwide.
Latest News
Disney investor Nelson Peltz has criticized the company for its "woke" approach, particularly questioning Marvel's "Black Panther" and "The Marvels" films.
Ukraine claims it destroyed Russian-used Starlink systems. This comes after Elon Musk denied doing business with Kremlin.
Tuff Torq Corp. was fined $296,951 by the Labor Department's Wage and Hour Division for several child labor violations.
Reddit company timeline: from 2005 to the present, starting with two roommates, Alexis Ohanian and Steve Huffman, and the current New York Stock Exchange debut that made Redditors shareholders become instant millionaires.
Skyrocketing cocoa prices, doubling in 2024 and outpacing Bitcoin, pose Easter concerns for chocolate firms, with New York wholesale rates peaking at $8,900 per ton.
Match Group, the parent company of Tinder and Hinge, adds two new directors after discussions with activist investor Elliott.
Boeing's CEO Dave Calhoun, Chairman Larry Kellner, and Stan Deal from the commercial airplane unit are departing amid growing regulatory and customer pressure, prompted by recent incidents like the door plug failure on a Boeing 737 Max 9 aircraft.
Vice President Kamala Harris has assured the public that the Biden administration has no intentions of banning the popular video-sharing app TikTok.
The BBC is looking to enter into more commercial partnerships ahead of the potential expiration of its license fee.
