South Korea's President Yoon Suk Yeol said the government will invest 9.4 trillion won ($6.94 billion) in artificial intelligence (AI) by 2027 in a bid to maintain its global dominance in semiconductor chips.
Sectors
3G Capital Quietly Sells 16.1% Stake in Kraft Heinz, Ending Nine-Year Run
Brazilian private equity firm 3G Capital exits Kraft Heinz after nearly nine years, marking the end of an era and signaling changes ahead for the food giant.
Australian Bank Macquarie Criticized For Lending Money to Britain's Biggest Water Firm, Thames Water
Australian investment bank Macquarie, criticized for its role in loading Thames Water with debt during its ownership from 2006 to 2017, is reportedly among the lenders to Thames Water's troubled parent company.
Biden-Backed EPA Rule Requires 200 US Chemical Plants to Cut Cancer-Causing Emissions
The EPA's new rule, supported by President Biden, mandates over 200 chemical plants to cut cancer-causing emissions, prioritizing environmental justice, particularly in communities near New Orleans.
The US Railway Norfolk Southern to Pay $600M After Train Accident in Ohio
Norfolk Southern agreed to a $600 million settlement for an Eastern Ohio train accident in February 2023. The accident derailed about 50 cars, leading to the evacuation of 1,500 to 2,000 residents.
Latest News
San Francisco is threatening to sue Oakland if it changes its airport name to "San Francisco Bay Oakland International Airport."
According to a new study, here's how much money you need to be happy living in California. To have a happy life in California requires "a lot" of money, according to a new study.
Tesla has resolved a lawsuit over a 2018 car accident that killed an Apple engineer after steering off a roadway near San Francisco.
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company that former President Donald Trump recently took public, continue to rapidly fall.
The board of JPMorgan Chase has named the potential successors to CEO Jamie Dimon. The board of JPMorgan Chase has named the potential successors to CEO Jamie Dimon, signaling preparations for a leadership transition at the largest US bank.
Fraudulent Amazon returns are targeting sellers and experts claim that the e-commerce giant is partly to blame.
Discount retailer 99 Cents Only filed for Chapter 11 bankruptcy protection on Sunday. Discount retailer 99 Cents Only filed for Chapter 11 bankruptcy protection on Sunday after announcing that it would close all of its 371 stores across the United States.
Recognizing the importance of teaching young people about healthy food choices and how to prepare them, Edible Education's founder, Ann Butler, set out to provide hands-on culinary literacy opportunities to empower children. After creating a curriculum and using it for several years in the field, Butler innovated the Kitchen a la CartTM, a portable teaching unit that provides instructors and teachers with all the tools and equipment they need to prepare healthy foods.
Elon Musk might be turning X back into the old Twitter. Here's what experts say about this new business strategy.
