Adidas Employees Exit Amid Corruption Probe in China

Adidas Employees Exit Amid Corruption Probe in China

Two Adidas employees have resigned amid an ongoing investigation into corruption allegations in China, where the company is scrutinizing claims of embezzlement and kickbacks by its executives.


Southwest Airlines Reduces Q2 Revenue Forecast, Citing Shifts in Booking Demand

Southwest Airlines predicts a reduction of 4% to 4.5% in revenue per available seat mile due to changing booking demand.

US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities

The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.

US Car Sales in June Projected to Drop Owing to CDK Outage Affecting Dealerships Nationwide

New vehicle sales in the US are expected to be lower this month due to the CDK Global outage, which affected dealerships nationwide.


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Amazon to Launch Discount Store to Compete Against Shein, Temu
Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.
Jana Brewer
XO Aesthetic Refinery by Jana Brewer is at the forefront and a leader in the sector, ensuring expert treatment while providing exceptional education.
Cipro Antibiotic Treament for Anthrax
The Biden administration will enforce inflation penalties on 64 prescription drugs, reducing costs for Medicare enrollees. This is part of efforts to lower US drug prices and support Biden's reelection agenda.
No Fortune 100 CEOs Have Donated to Donald Trump Despite Being Historically Republican-Leaning
No Fortune 100 CEOs have donated to former President Donald Trump in this election cycle, according to new data.
Singapore Seized Over $4 Billion in Dirty Money From Criminal, Money Laundering Activities Since 2019
Singapore has confiscated more than $4 billion in assets tied to criminal and money laundering activities over the past five years.
Shein's Potential London IPO Slammed by Amnesty International UK: A 'Badge of Shame' for LSE
Amnesty International UK has criticized the potential initial public offering (IPO) of Shein on the London Stock Exchange.
China Welcomes US Dairy Companies Expanding in Chinese Market
China has expressed willingness to work with US dairy companies that would like to expand their business in the Chinese market.
PetroChina Fined $14.5 Million for US Export Law Violation, DOJ Says
PetroChina International America has agreed to pay a fine and forfeiture totaling $14.5 million for violations of US export law.
Tesla Recalls Futuristic Cybertruck Pickups to Fix Two More Issues
Tesla has issued another recall for its futuristic Cybertruck electric pickups. Tesla has issued another recall for its futuristic Cybertruck electric pickups to fix loose trim pieces and faulty front windshield wipers, according to National Highway Traffic Safety Administration (NHTSA) disclosures.
GM Names Marc Whitten as New CEO of its Cruise Robotaxi Service
General Motors has hired former key Xbox engineer and executive Marc Whitten as the new CEO of Cruise, its robotaxi service, in an aim to recover itself after being suspended of its California license.
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