Sectors
Biden Increases Tariffs on Chinese Electric Cars, Solar Panels, and More by 100%
President Biden has announced massive tariff increases on Chinese-made electric cars, solar panels, steel, and other goods to counter unfair trade practices and protect American jobs. Electric vehicle tariffs will rise from 25% to 100%, and solar cell tariffs will increase from 25% to 50%.
AMC Raises $250 Million in Stock Sale as Meme Stock Surge
AMC Entertainment successfully concluded a $250 million stock sale on Monday, thanks to the resurgence of the meme stock craze, which saw shares skyrocket by 90%.
Biden Orders China-Backed Crypto Miner to Sell Land Near Nuclear Base Due To Espionage Risks
The Biden administration ordered a Chinese-backed cryptocurrency mining company to sell its land near a Wyoming nuclear missile base due to national security after the US Committee on Foreign Investment in the United States (CFIUS) investigation.
Obesity Drug Wegovy Reduces Risk of Heart Attack, Stroke, Despite Not Contributing Much to Patient’s Weight Loss, Study Finds
Researchers have discovered that anti-obesity injections may significantly decrease the likelihood of heart attacks, strokes, or heart failure in individuals who are obese, regardless of the amount of weight they shed while taking the medication.