Companies | Ideals

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...

The Two Priciest Cities In The World Are Singapore And Zurich

The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...

Apple Challenges India’s Antitrust Process Over Investigative Methods**

Cost Pressures Drive British American Tobacco’s 9,000-Role Overhaul

AI Investment Boom Reshapes Global Corporate Debt Markets

Trump's Drug Pricing Plan Faces Mid-Sized Industry Resistance

US Political Spending Fuels Crypto's Regulatory Strategy

UK Scrutiny Reflects Broader Media Independence Concerns

Joby and Toyota Deepen Manufacturing Push for Air Taxis

Tech Valuations Face Growing Reality Check

Persistent Energy Risks Complicate ECB Inflation Outlook

US Security Strategy Targets Chinese Power Grid Technology

Ferrari and BMW's Aluminium Shift Redefines EV Materials

Germany's Fiscal Concerns Challenge EU Budget Plans

Companies

Apple's 'Reality Pro' Platform Will Be Worth $20 Billion, Says Morgan Stanley As It Raises Its Apple’s Target To $190

Morgan Stanley, a financial services company, increased its price target for Apple to $190 in anticipation of the company releasing a category-defining AR and VR headset and so significantly expanding the market. According to Morgan Stanley, its overall projection model for the company now...

Walmart Restates Its Intention To Double Global Gross Merchandise In Five Years

A top Walmart official stated on Friday that the company still aims to quadruple the amount of gross product volume it sells in international markets to $200 billion in five years, despite the continued uncertainty surrounding the global economy. Gross merchandise volume (GMV) is a metric...

Stocks Of Softbank Get A Hike In The AI Chip Craze Prior To Arm’s IPO

Shares of SoftBank Group Corp. increased 5% in early Friday trading as the technology investor—which is contemplating an IPO of chip designer Arm—got sucked into a buying frenzy for equities in the semiconductor and AI industries. The Japanese conglomerate's shares have increased 17% since...

The Head Of Trust And Safety At Twitter Has Reportedly Resigned

Ella Irwin, the head of trust and safety at Twitter, announced her resignation to Reuters on Thursday. Since billionaire Elon Musk acquired the social media platform in October, the firm has come under fire for its inadequate measures to block harmful information. When Yoel Roth quit as...

Singapore's Temasek Lowers Salaries For Employees In Charge Of FTX Investments

Temasek Holdings, a Singaporean state investor, announced on Monday that it had reduced compensation for both the top management group and the team that proposed Temasek's participation in the now-bankrupt FTX bitcoin exchange. The action was taken about six months after Temasek began an...

Twitter Withdraws From The EU's Voluntary Anti-Fake News Code

According to the European Union, Twitter has left the voluntary code in an effort to combat misinformation. The EU's internal market commissioner, Thierry Breton, tweeted the news, but he also cautioned that the strict new standards would need compliance. "Obligations remain. You can run...

7%+ Increase In Ford And Tesla Stocks Following Superchargers Agreement

After the second largest automaker of the United States revealed a pact allowing its electric-vehicle owners to access competitor Tesla Inc's charging stations in North America, Ford Motor Co shares increased by more than 7% on Friday. According to Ford CEO Jim Farley, Tesla's...

Following Fraud, A Billionaire From Georgia Wins $926 Million From Credit Suisse

In one of the largest legal judgements against the bank, Credit Suisse was ordered by a Singapore court to pay the former prime minister of Georgia $926 million for losing some of his fortune. In the most recent setback for the struggling bank, which is being taken over by UBS, Singapore's...

Ford Signs An Agreement With Tesla To Start Using Competing Charging Stations In 2024

Ford Motor Company announced on Thursday that it and Tesla Inc. have reached an agreement to give owners of its electric vehicles access to more than 12,000 Tesla Superchargers in North America starting in early 2024. Ford is the first major manufacturer to adopt Tesla's proprietary...

Threat To Leave The EU By OpenAI CEO Sparks Criticism From Lawmakers

Sam Altman, CEO of Microsoft-backed OpenAI, has been pleading with legislators all around the world to create new regulations for the technology for months. He warned on Wednesday that if the EU "overregulated," the manufacturer of the ChatGPT would quit. The past week has seen Altman...

A Final Batch Of Business Teams Fired By Facebook Owner Meta

As part of a three-part wave of layoffs, Meta Platforms Inc., the company that owns Facebook, reduced employment across its business and operational groups on Wednesday. The plan to cut 10,000 positions was first disclosed in March. A significant number of workers who were part of teams...

Kohl's Shares Hiked On Unexpected Earnings As The CEO's Turnaround Strategy Takes Hold

The department store chain's shares increased by as much as 19% after Kohl's Corp. revealed a surprise profit and its new CEO's attempts to turn around the business, which saw its margins decline last year, started to bear fruit. Despite reporting a larger-than-anticipated decline in...

Lifestyle

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

The Two Priciest Cities In The World Are Singapore And Zurich

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

Apple Challenges India’s Antitrust Process Over Investigative Methods**

Cost Pressures Drive British American Tobacco’s 9,000-Role Overhaul

AI Investment Boom Reshapes Global Corporate Debt Markets

Trump's Drug Pricing Plan Faces Mid-Sized Industry Resistance

US Political Spending Fuels Crypto's Regulatory Strategy

UK Scrutiny Reflects Broader Media Independence Concerns

Joby and Toyota Deepen Manufacturing Push for Air Taxis

Tech Valuations Face Growing Reality Check

Persistent Energy Risks Complicate ECB Inflation Outlook

US Security Strategy Targets Chinese Power Grid Technology

Ferrari and BMW's Aluminium Shift Redefines EV Materials

Germany's Fiscal Concerns Challenge EU Budget Plans

Apple's 'Reality Pro' Platform Will Be Worth $20 Billion, Says Morgan Stanley As It Raises Its Apple’s Target To $190

Walmart Restates Its Intention To Double Global Gross Merchandise In Five Years

Stocks Of Softbank Get A Hike In The AI Chip Craze Prior To Arm’s IPO

The Head Of Trust And Safety At Twitter Has Reportedly Resigned

Singapore's Temasek Lowers Salaries For Employees In Charge Of FTX Investments

Twitter Withdraws From The EU's Voluntary Anti-Fake News Code

7%+ Increase In Ford And Tesla Stocks Following Superchargers Agreement

Following Fraud, A Billionaire From Georgia Wins $926 Million From Credit Suisse

Ford Signs An Agreement With Tesla To Start Using Competing Charging Stations In 2024

Threat To Leave The EU By OpenAI CEO Sparks Criticism From Lawmakers

A Final Batch Of Business Teams Fired By Facebook Owner Meta

Kohl's Shares Hiked On Unexpected Earnings As The CEO's Turnaround Strategy Takes Hold

World

European Heatwaves Strip Swiss Glaciers of Their Natural Shield

Europe's Heat Crisis Exposes Growing Climate and Infrastructure Risks

Nuclear and Asset Disputes Test US-Iran Truce

Heat Dome Intensifies Europe’s Early Summer Challenge

Hezbollah’s Role Emerges as Key Obstacle to Broader Middle East Ceasefire Efforts**

People

Fiscal Signals and Social Engineering Shape China’s New Push to Reverse Demographic Decline

Reagan’s Enduring Shadow: How an Old Conservative Ideal Still Defines and Challenges Trump’s Presidency

South Korean Workers Recount Ordeal After U.S. Immigration Raid on Hyundai Plant

Federal Judge Likely to Stand Guard Over Fed’s Independence in Cook Dispute

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance