Articles by Thea Felicity


Latest News

USDA To Strengthen Rules On Organic Labeling
The US Treasury Department's Alcohol and Tobacco Tax and Trade Bureau proposes new alcohol labeling rules requiring alcohol content, nutrition facts, and allergen info, to give consumers clearer choices.
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Dozens of flights were disrupted after SpaceX's Starship rocket broke apart during its test launch, prompting the FAA to warn pilots about falling debris near Brownsville, Texas.
The Greenland Ice Sheet, Facing Intensifying Global Warming, Is Melting
Greenland's melting glaciers expose valuable minerals like titanium and lithium, attracting mining companies, but challenges remain with infrastructure and Greenland's independence.
Japan's MUFJ Bank As It Reports Q3 Results
Executives at MUFG Bank took pay 30% pay cuts after an employee stole $9 million in valuables over four years, with compensation to soon reach affected customers.
Supreme Court Hears Arguments In ByteDance And TikTok Case
TikTok's US operations may be sold for $40–$50B due to its 115M users, though regulatory scrutiny, national security concerns, and algorithm exclusions may lower the value.
BELGIUM-ECONOMY-MARKETS-BITCOIN
Starting in 2025, the IRS will receive reports on crypto transactions from centralized exchanges like Coinbase, with tax reporting on the 1099-DA form.
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SpaceX launched two private lunar landers for US and Japanese companies, aiming to stake their claim on the moon, with experiments and exploration ahead.
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Meta plans to lay off 5% of its workforce to focus on performance, affecting 3,600 employees as Zuckerberg reshapes the company's strategy and public image.
TOPSHOT-US-WEATHER-FIRE
As Meta phases out professional fact-checkers, teams like Lead Stories work to combat conspiracy theories and misinformation about the recent LA wildfires.
SPAIN-ECONOMY-SOCIAL-HOUSING-TOURISM
Spain proposes up to 100% tax on properties bought by non-EU residents to address its housing affordability crisis and curb rising rents.
RUSSIA-INTERNET-GOOGLE
Russia fined Google $78 million for not complying with prior penalty orders, escalating tensions over content moderation and local regulatory challenges.
ISRAEL-POLITICS-CABINET
Israel will use the tax revenue it collects for the Palestinian Authority to settle the PA's $544 million debt to Israel Electric Company, after withholding funds since October 2023.
Trump Buddha statue
Chinese artist Hong Jinshi's Buddha-like Trump statues have gone viral, selling for up to $3,750, with Elon Musk's superhero statue next.
JAPAN-CHINA-ECONOMY-RETAIL-SHEIN
Shein workers face 75-hour weeks, earning as low as $1 per product, while dresses are sold for as little as $7.
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Meta scraps DEI programs and US fact-checking to shift toward conservative priorities as Trump's second term approaches.
New York City Mayor Eric Adams Delivers
Brooklyn businessman Erden Arkan admitted to funding Eric Adams' 2021 mayoral campaign through illegal "straw donor" schemes, aiding a federal bribery case.
Field Hospital Set Up In Novi, Michigan's Suburban Collection Showplace
US job growth is expected to slow in December with 160,000 new jobs, only led by the healthcare and government sectors, while unemployment remains steady at 4.2%.
Court Hears TikTok Appeal To U.S. Ban Or Divestment Law
The US Supreme Court will hear TikTok's case to block a January 19 law requiring its sale or ban, amid debates over free speech and national security.
Southwest Airlines Announces It's Ending Its Open Seating
Delta Air Lines projects a strong 2025 with higher first-quarter earnings, driven by demand for premium services, and exceeded expectations in 2024's fourth quarter.
CHINA-ECONOMY-INFLATION
China's economy is trying to boost consumer spending through trade-in discounts for appliances and cars, but some economists doubt its long-term effectiveness.
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Disney reports 157 million global monthly active users on its ad-supported streaming services, with ad revenue becoming a key driver for profitability across Disney+, Hulu, and ESPN+.
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Global bond market pressures, including UK bonds and US inflation concerns, cause stock declines and weakened the pound as investors await the US payroll report.
TOPSHOT-CORRECTION / AUSTRALIA-ENTERTAINMENT-MUSIC-SWIFT
UK music revenue surged to $2.9B (£2.4B) in 2024, marking a strong recovery driven by streaming and vinyl growth, but inflation-adjusted figures remain lower than 2001.
Rental Prices For Single-Family Homes Soars 12.6 Percent
The US Justice Department is suing six major landlords for using algorithms and sharing data to keep rents high, worsening the housing crisis for renters.
Entrepreneur sitting at ta table with notebooks and smartphone
A Chinese company in Liaoning forced employees to eat fire during a team-building event, leading to outrage, with one worker considering legal action for the unsafe practice.
President Biden Signs The Social Security Fairness Act
The Biden administration has banned medical debt from credit reports, removing $49 billion in bills for 15 million Americans despite industry opposition.
2024 Republican National Convention: Day 4
Meta's new board appointments, including UFC's Dana White, signal efforts to rebuild ties with Trump and strengthen its presence in tech and politics ahead of the upcoming inaugural.
More Changes Tomorrow For UK Travel 'Traffic Light' System
Starting this week, travelers from the US and over 35 nations must pay a $12.50 entry fee and apply for the UK's new Electronic Travel Authorization (ETA).
US-OIL-MARKETS-WORLD
Oil prices remain high, supported by colder weather and geopolitical factors, with Brent at $76.73 and WTI at $74.19, as demand rises and sanctions tighten supply.
US-LOGISTICS-TRADE-STRIKE-PORT
The International Longshoremen's Association is threatening a strike on January 15 over automation and pay disparity, seeking fair compensation despite a proposed wage hike.
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