Industry
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Broadcom Warns VMware Customers on Licenses
Broadcom has issued cease-and-desist letters to organizations running older VMware software without active support contracts. Claiming those...
Ford Hikes EV Prices Over New Tariffs
Ford announced higher retail prices for vehicles built in Mexico—like the Mustang Mach-E—responding to the Trump administration’s new 10% import...
Global Debt Surges to $324 Trillion, Raising Alarms Over Economic Stability
The Institute of International Finance reported a record $324 trillion in global debt, equivalent to over 350% of total GDP worldwide. China and...
Biden-Era Fossil Fuel Ban for Federal Buildings Paused by Trump’s DOE
The Department of Energy froze a Biden-era rule aimed at phasing out fossil fuels in new federal buildings. Originally set for 2025 compliance,...
Bristol Myers Commits $40B to U.S. Expansion
Pharma giant Bristol Myers Squibb announces a $40 billion investment in U.S. operations over five years, potentially creating thousands of...
OPEC+ Accelerates Oil Supply Hikes Despite Low Prices
OPEC+ announced a bigger-than-expected oil production increase for June—adding 411,000 barrels per day—despite crude prices hovering near...
Biden Administration Pauses Enforcement of Gig-Worker Classification Rule
The Labor Department has halted implementation of a federal rule meant to protect gig workers by making it tougher to classify them as...
Texas Investigates Toothpaste Makers Over Fluoride Claims
Texas Attorney General Ken Paxton has launched a probe into leading toothpaste brands for their use of fluoride. He claims consumers may have been...
HSBC Sustainability Chief Steps Down as Bank Rethinks ESG Strategy
HSBC’s Global Head of Sustainability, Erin Leonard, unexpectedly resigned in the midst of the bank’s strategic pivot. It’s the second high-profile...
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