Articles by Thea Felicity


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Johnson & Johnson Reaches Settlement In 8.9 Billion Dollar Lawsuit Over Products Containing Talcum Powder
The 48-year-old Oregon woman claimed that she's been using Johnson & Johnson powder for 30 years and has been inhaling asbestos in return, but Johnson & Johnson maintained that their products do not contain such and do not cause cancer.
JAPAN-AUTO-INDUSTRY-RESULTS
Toyota and Mazda halt vehicle shipments amid Japan's widening auto safety scandal due to irregularities in safety test data, leading to suspension of shipments by other automakers and potential repercussions.
Despite Tesla Supercharger Team's Termination, Elon Musk Says EV Charging Network Will Still Grow
Tesla stands firm in support of Elon Musk's $56 billion compensation plan despite criticism from shareholders calling it "excessive."
US-ECONOMY-MARKETS-NYSE
A technical glitch at the NYSE on June 3 caused Berkshire Hathaway's A-class shares to plummet nearly 100%, prompting a trading halt alongside Barrick Gold and Nuscale Power while the exchange investigates.
Britain Seeks Major IPOs To Revive City's Reputation As Premier Financial Hub
In 2023, the average CEO compensation for S&P 500 companies surged to $16.3 million, up 12.6%, while private-sector workers saw only a 4.1% rise, showing a concerning wide gap between executive pay and worker earnings.
General Views Of Government Ministries Around Westminster
Half a million people faced delayed Child Benefit payments on June 3 due to a technical glitch at HMRC, sparking social media complaints and concerns over financial strain.
TOPSHOT-MEXICO-ELECTION-VOTE-SHEINBAUM
Mexican assets plummeted on Monday after Claudia Sheinbaum's landslide victory and substantial congressional majority raised fears of anti-market reforms, with the peso falling 4% before partially recovering.
FRANCE-US-MUSIC-TAYLOR SWIFT
Spotify announced a price increase for its US premium plans to boost profitability and invest in new features, with individual plans rising from $10.99 to $11.99 monthly.
US-TECHNOLOGY-AI-HUANG
Trend Micro partners with Nvidia to develop advanced AI cybersecurity tools to protect AI-driven data centers against intrusions and ensure data confidentiality.
Nvidia Reports Strong Q1 2024 Revenue, Shares Valuing over $1,000 Triggering Stock Split
Nvidia leads the AI chip market with a 70%-95% market share and a $2.7 trillion market cap but faces rising competition from Intel, AMD, and others developing their own AI processors.
TOPSHOT-BRITAIN-TRANSPORT
Amid immigration's impact in the UK, experts stress the need for infrastructure investments to ease pressures on housing, healthcare, and education systems.
Donald Trump Lawyer Portrays Hush Money Payment to Stormy Daniels as Extortion
Donald Trump’s net worth dropped by hundreds of millions after shares in his media company fell 5.3% following his conviction in a New York hush-money trial.
SAUDI-DAILY LIFE
Aramco's share sale drew overwhelming demand within hours, potentially raising up to $13.1 billion, attracting global investor interest in Saudi assets.
Atlas Air Ends Cargo Partnership With Amazon to Focus on International Customers Like Shein, Temu
Atlas Air Worldwide will stop flying freighter aircraft for Amazon's domestic parcel network by mid-2025.
US-ACCIDENT-AVIATION-BOEING
US regulators have extended a ban on Boeing, increasing production of its 737 MAX planes due to ongoing safety concerns.
Former President Trump Holds Campaign Rally In North Charleston, South Carolina
Shares of Trump Media & Technology Group recovered in pre-market trading on Friday following an initial sell-off after former President Donald Trump was convicted in his hush money trial.
TURKEY-SAUDI-US-POLITICS-MEDIA-DIPLOMACY
A Saudi Arabian fund has become the sole foreign investor in China's generative artificial intelligence sector, supporting the country's efforts to rival industry leader OpenAI.
GERMANY-US-INTERNET-GOOGLE-COMMUNICATION
Leaked documents revealed that Google controlled internet information and manipulated searches through algorithmic processes, prompting concerns about transparency and political biases in ranking features.
Elon Musk’s X to Make ‘Likes’ Private so Users Can Like 'Edgy' Posts Without Worrying
Elon Musk agrees to testify in the SEC probe over his 2022 Twitter acquisition, settling his legal dispute and avoiding an appeal, as concerns about potential securities law violations loom over the investigation.
Los Angeles Sparks v Indiana Fever
Former ESPN President John Skipper and ex-Turner President David Levy are spearheading Unrivaled, a new women’s basketball league launching in January 2025.
Gold Prices Soar to New Record Highs — Experts Say Prices Will Continue to Rise With China as Top Buyer
SwissAid's report exposes a major issue: $35 billion worth of African gold is smuggled into the UAE annually, fueling illegal trade due to lax enforcement and loopholes.
Boeing's Statements on Safety Practices Being Investigated by SEC After Side Panel Breaks Off Plane
Boeing's CEO Dave Calhoun and top executives are presenting a safety plan to the FAA, addressing quality control issues after several near-catastrophic incidents this year.
Low Yields Cause Orange Juice Prices To Soar In U.S.
Amid record-high prices and concerns over a faltering Brazilian harvest, orange juice producers weigh options like mandarins.
Chain Retailer Abercrombie & Fitch Sales Decline Seven Percent In Second Quarter
Abercrombie & Fitch sees a share surge after beating first-quarter sales estimates, attributed partly to their '90s fashion trend strategy.
YEMEN-CONFLICT-ENVIRONMENT-OIL-SAFER
Oil prices are experiencing fluctuations as traders wait for OPEC+'s decision due to another second ship attack in the Red Sea.
Massive Airbag Recall Prompts Safety Concerns
Nissan urgently advises owners of approximately 84,000 older vehicles to avoid driving them due to the heightened risk of Takata airbag inflators exploding following a fatal incident and multiple injuries since 2015.
SAFRICA - MINING - COMPANY - ANGLOAMERICAN
Anglo American's rejection of BHP Group's bid to extend discussions on a proposed $49 billion takeover suggests a potential impasse as the deadline nears, impacting the mining industry and leaving the outcome uncertain.
US-POLITICS-BIDEN-FORUM-climate-environment-diplomacy
Global debt has surged to $315 trillion, driven primarily by the economic impacts of the COVID-19 pandemic, merging and emerging markets, inflation, and even individual household debt.
SKorea-ECONOMY-TELECOMMUNICATION-LABOUR-SAMSUNG
South Korean authorities are investigating Samsung's Giheung plant after two workers were exposed to radiation, prompting hospitalization and suspension of the suspected equipment.
FTX
Former FTX Co-CEO Ryan Salame receives a 7.5-year prison sentence and is ordered to pay $11 million in fines following his involvement in unlawful activities, including unlawful political contributions and fraudulent financial practices in FTX.
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