Articles by Jace Dela Cruz


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Elon Musk Revives Challenge to Mark Zuckerberg for Physical Fight a Day After the Meta CEO's 40th Birthday
Elon Musk has revived his challenge to Mark Zuckerberg for a physical fight a day after the Meta CEO's 40th birthday.
IMF Criticizes Joe Biden's Ramping Up Chinese Import Tariffs, Says US Should Work With China to Resolve Disputes
The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China.
Krispy Kreme Raises Global Points of Access Goal to 100,000, Which Includes Thousands of McDonald's Branches
Krispy Kreme is planning to expand its reach by selling donuts in more McDonald's branches and other restaurants abroad.
US Blocks Imports From 26 More Chinese Companies Tied to Uyghur Forced Labor
The US has announced it blocked imports from 26 Chinese cotton traders or warehouse facilities tied to Uyghur forced labor.
UPS Picks Goldman Sachs to Oversee Its $43.4 Billion Pension Funds
UPS has picked banking giant Goldman Sachs to handle its $43.4 billion pension fund assets in the United States and Canada.
Elon Musk's Neuralink Aware of Brain Implant's Wire Issues Years Before Tested to First Human Patient: Report
Neuralink has recently disclosed that the tiny wires inside its first human patient's brain shifted position, which was reportedly an issue that Elon Musk's company has known for years.
JPMorgan Chase CEO Jamie Dimon Sounds Alarm on Ballooning US Fiscal Deficit Due to High Government Spending
JPMorgan Chase CEO Jamie Dimon has cautioned that the United States should promptly address its ballooning fiscal deficit to avoid future economic turmoil.
Tesla Reaffirms Elon Musk's $56 Billion Pay Package Despite Legal Setback
Billionaire Leo Koguan, the biggest retail shareholder of Tesla, has reportedly voted against reinstating the $55 billion compensation package of Elon Musk.
Russia's Vladimir Putin Visits China's Xi Jinping to Strengthen Economic, Political Ties Amid US Global Dominance
Russia's President Vladimir Putin arrived in Beijing on Thursday for a two-day state visit that will include talks with China's President Xi Jinping to deepen the strategic partnership between the two countries perceived as enemies of the US.
Dollar Slides to Multi-Month Lows as Slower US Inflation Increases Rate Cut Expectations
The US dollar tumbled to multi-month lows on Thursday following a slowdown in US core inflation, which was its slowest pace in three years.
Crypto Heists: North Korea Launders $147 Million in Stolen Cryptocurrency in March
North Korea laundered $147.5 million in stolen crypto in March, according to the UN. North Korea reportedly laundered $147. 5 million via the virtual currency platform Tornado Cash in March after allegedly stealing it from a cryptocurrency exchange in 2023.
US Sanctions Russian Businessman, 3 Companies Involved in Scheme to Evade Sanctions Tied to Russia's Metals Tycoon
The US has imposed sanctions against a Russian businessman, and three companies based in Russia allegedly used in a scheme to evade US sanctions connected to Russian tycoon Oleg Deripaska.
Donald Trump's Boeing 757 Hits Another Corporate Jet After Landing at Florida Airport
Former President Donald Trump's Boeing 757 plane reportedly hit a parked corporate jet at West Palm Beach International Airport in Florida.
Embattled New York Community Bancorp to Sell $5 Billion of Mortgage Warehouse Loans to JPMorgan Chase
New York Community Bancorp (NYCB), a regional lender facing financial challenges, has announced its agreement to sell approximately $5 billion in mortgage warehouse loans to JPMorgan Chase.
US Small Business Confidence Ticks Up for First Time in 2024, But Inflation Remains a Headache for Owners
US small business confidence improved in April, but inflation remains a top concern for owners, according to a new survey.
Former Economy Minister Gets 24 Years in Prison for Beating His Wife to Death — A Murder Case That Shocked Kazakhstan
A former economy minister of Kazakhstan was sentenced to 24 years in prison on Monday for beating his wife to death.
OpenAI Startup Fund Secures Additional $5 Million in Latest Funding Round
The OpenAI Startup Fund has successfully raised an additional $5 million. The OpenAI Startup Fund has successfully raised an additional $5 million, according to a filing with the US Securities and Exchange Commission (SEC).
Joe Biden Signs Law Banning Uranium Imports From Russia to Revive America's Nuclear Fuel Industry
President Joe Biden has signed a bipartisan bill that bans imports of enriched uranium from Russia. Uranium is the fuel most used by nuclear power plants.
Boeing Firefighter Lockout Draws Protests From Union Leaders, Lawmakers
Union leaders and lawmakers on Monday strongly criticized Boeing for locking out its unionized firefighters and urged the company to reach a fair contract agreement.
Corporate Greed Is Not the Main Driver of US Inflation: Fed Study
Corporate greed is not the main driver of US inflation, according to a new study released by the Federal Reserve Bank of San Francisco.
Elon Musk Slams Mark Zuckerberg's Meta for Engaging in 'Super Greedy' Advertising Practices
Elon Musk, who owns the social media platform X, has criticized Meta for being "super greedy" in taking credit for advertisers running campaigns on its platform.
Donald Trump Promises Tax Cuts for America's Lower, Middle and Upper Classes if He Returns to White House
Donald Trump has promised to implement tax cuts across various income brackets and business sectors if he secures a second term as president, in contrast to President Joe Biden's proposal for tax hikes on businesses and the wealthiest Americans.
Joe Biden's Chances of Winning Reelection Damped by Persistent Inflation Fears, New Poll Shows
Concerns about inflation are reducing President Joe Biden's chances of winning reelection, a new poll shows.
Chinese Companies Dominate Licensing Bids to Explore Iraq Oil and Gas Fields as US Snubs Energy Bidding Round
Chinese companies won five more bids to explore and develop oil and gas fields in Iraq. Chinese companies won five more bids for licenses to explore and develop oil and gas fields in Iraq as the hydrocarbon exploration licensing round of the Middle Eastern country entered its second day.
Pfizer, AstraZeneca Pledge Nearly $1 Billion Investments in France
Pfizer and AstraZeneca have announced massive investments in France totaling nearly $1 billion. Two major pharmaceutical companies, Pfizer and AstraZeneca, announced on Sunday massive investments in France totaling nearly $1 billion.
Prominent Australian Businessman Dies After Head Repeatedly Hit With 'Blunt Object' Inside Home; Killer Still on the Loose
A man brutally beaten in his home in Queensland, Australia, before dying in a hospital 10 days later, has been identified as prominent businessman Jim Hill, and his killer is still on the loose.
Shein Pushing for London IPO Launch Amid US Listing Hurdles
Chinese fast-fashion giant Shein is reportedly intensifying its efforts for a London stock market debut amid uncertainty on the likelihood of receiving approval from the US Securities and Exchange Commission.
Federal Reserve President Says US Economy Likely Slowing Down — Does This Hint at a Possible Interest Rate Cut Soon?
Atlanta Federal Reserve President Raphael Bostic has reportedly indicated that the US economy is likely slowing down, which could prompt interest rate cuts this year.
Microsoft to Roll Out Its Mobile Game Store in July to Compete With Apple and Google
Microsoft has announced that it will launch its own mobile game store in July. Microsoft announced Thursday that it is preparing to launch its own mobile game store in July.
COMBO-EU-US-DISINFORMATION-ISRAEL-PALESTINIAN-CONFLICT
A lawsuit filed by Elon Musk's X against Israel's Bright Data has been dismissed by a federal judge in California.
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