Industry
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Guyana Passes Law to Hold Oil Companies Liable for Spills
Georgetown, Guyana: Parliament approved legislation requiring oil producers to cover cleanup and damages for any spill in Guyana’s waters. With...
Families of Boeing Crash Victims Fight DOJ Immunity Deal
Chicago, USA: Families of the 737 MAX crash victims are protesting a Department of Justice plan that would allow Boeing to avoid full prosecution....
Dick’s Sporting Goods to Acquire Foot Locker in $2.4B Deal
Pittsburgh, USA: Dick’s Sporting Goods announced plans to acquire Foot Locker for $2.4 billion, aiming to unify the U.S. sports retail market and...
California Governor Reveals $12B Budget Deficit in $322B Spending Plan
Sacramento, USA: Governor Gavin Newsom outlined California’s $322 billion spending plan for the next fiscal year, acknowledging a $12 billion...
Pharma Firm Athenex Declares Bankruptcy and Plans Asset Sell-Off
Buffalo, New York, USA: Athenex, a once-promising biopharmaceutical company specializing in cancer treatments, has filed for Chapter 11...
Toyota Admits Data Breach Exposed 2.15 Million Vehicles’ Location Data
Tokyo, Japan: Toyota disclosed a cloud misconfiguration that left the real-time location data of over two million connected vehicles accessible to...
GM Claims EV Battery Breakthrough for Cheaper, Longer-Range Trucks
Detroit, USA: General Motors revealed a new lithium manganese-rich (LMR) battery design that promises longer range at a lower cost for its...
Elon Musk’s Boring Company Touted for Amtrak Mega-Tunnel Project
Washington, D.C.: Federal officials reportedly invited Elon Musk’s Boring Company to bid on a massive $8.5 billion Amtrak tunnel upgrade along a...
Cautious Optimism in China as U.S. Trade Tariffs Put on Hold, But Businesses Remain Wary
Beijing, China: Chinese businesses are cautiously welcoming a 30-day pause on new U.S. tariffs, announced during recent diplomatic talks. After...
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