CHINA-AUTO-SHOW

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.


Latest News

Elon Musk's Tesla Settles Sexual Harassment Lawsuit by Ex-Worker Who Claimed She Was Fired After Being Harassed 100 Times
Elon Musk's Tesla has settled a lawsuit filed by a former factory worker who claimed she was dismissed after reporting sexual harassment incidents.
Walmart is reportedly laying off hundreds of corporate employees and requesting all its remote workers to move to the company's offices.
OpenAI Startup Fund Secures Additional $5 Million in Latest Funding Round
The OpenAI Startup Fund has successfully raised an additional $5 million. The OpenAI Startup Fund has successfully raised an additional $5 million, according to a filing with the US Securities and Exchange Commission (SEC).
Anglo American Announces Plans to Leave Diamond, Platinum, Coal Mining to Avoid BHP Acquisition Plans
Anglo American decided on abandoning its diamond, platinum, and coal operations in order to realign its operations on nickel and avoid acquisitions offered by BHP Group.
Japan's Finance Minister Stresses Close Coordination with Bank of Japan
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
Joe Biden Signs Law Banning Uranium Imports From Russia to Revive America's Nuclear Fuel Industry
President Joe Biden has signed a bipartisan bill that bans imports of enriched uranium from Russia. Uranium is the fuel most used by nuclear power plants.
Boeing Firefighter Lockout Draws Protests From Union Leaders, Lawmakers
Union leaders and lawmakers on Monday strongly criticized Boeing for locking out its unionized firefighters and urged the company to reach a fair contract agreement.
Red Lobster
Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction. A sign is posted in front of a Red Lobster restaurant on May 16, 2014 in San Bruno, California.
Corporate Greed Is Not the Main Driver of US Inflation: Fed Study
Corporate greed is not the main driver of US inflation, according to a new study released by the Federal Reserve Bank of San Francisco.
PlayStation
Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs starting on June 1, replacing Jim Ryan.
  79 80 81 82 83 84 85 86 87  
Real Time Analytics