Maersk Makes Strategic Investment to Fortify South-East Asia's Supply Chain Resilience
Maersk, a Danish shipping giant, said on Monday that it will invest more than $500 million to develop its South-East Asian supply chain infrastructure.
Dec 04, 2023 09:09 AM EST
Bitcoin Climbs to $40,000, Fueling Optimism in Crypto Markets
For the first time this year, Bitcoin has above $40,000 as traders await the upcoming approval of U.S. stockmarket-traded bitcoin funds and the widespread excitement surrounding U.S. interest rate reduction.
Alaska Air Acquires Hawaiian Airlines in $1.9 Billion Deal
Alaska Airlines said on Sunday that it has reached an agreement to acquire Hawaiian Airlines for $1.9 billion, including debt, positioning the airline for possible conflict with the Biden administration, which has expressed apprehension over increased sector rates.
Unwanted Goods? Retailers Turn to "Keep-It" Policies to Curb Rising Return Costs
A number of companies are advising customers not to bother returning items for a refund due to the high expense of processing, repackaging, and trying to resell stuff. Rather, they are stating that you may retain it and still receive a refund.
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Reddit Buys Dubsmash in Bid to Compete with Rival TikTok
Reddit buys TikTok's rival Dubsmash and becomes the latest company expanding in a space dominated by the Chinese-owned company.
Dec 14, 2020 04:52 AM EST
Disney Pushes Market Cap to Over $310 Billion as It Accelerates Global Direct-to-Consumer Streaming
Disney stock trades at an all-time high of 12.4% or $173.84, pushing its market value to more than $310 billion.
Dec 14, 2020 10:20 AM EST
Hyundai Buys Majority of Boston Dynamics, Maker of Acrobatic Robots
Hyundai Motor Group announced it is buying Boston Dynamics' majority stake, the advanced robot maker.
Dec 14, 2020 04:18 AM EST
$908 Billion COVID-19 Relief Fund "Stuck" Over Party Issues
The COVID-19 relief negotiation is again stuck with Democrats and Republicans divided on a possible deal's scope and size.
Dec 11, 2020 08:12 AM EST
Messenger Down: Was Cause Related to Facebook's Antitrust Case?
Thousands of users reportedly had a problem with Facebook, Messenger, and Instagram for four hours. Is this something to do with the tech giant's antitrust case?
Dec 11, 2020 05:25 AM EST
The Vital Role of Online Grocery Shopping
Online grocery shopping skyrocketed due to people's decision to minimize close interpersonal contact with strangers.
Dec 10, 2020 03:00 PM EST
Monulparivir: New "Powerful" COVID-19 Drug Starts its Human Trials
A new oral drug, Monulparivir, which completely suppresses COVID-19 transmission within 24 hours is in Phase II/III of human trials.
Dec 10, 2020 06:43 AM EST
FACT-CHECK: Will There be Tesla-Apple Self-Driving Car Soon?
Tesla and Apple are two of the most famous tech companies in the world. But, is it true that both companies will produce self-driving cars soon?
Dec 10, 2020 03:55 AM EST
FDA Grants Priority Tag to Pfizer Pneumococcal Vaccine, Company Could Gain Billions in Revenue
Pfizer Inc. announced that the Food and Drug Association (FDA) granted priority review to its biologics license application that seeks approval for its 20-valent pneumococcal conjugate vaccines for adults amid company's stock shares soar.
Dec 09, 2020 04:20 PM EST
DoorDash IPO Delivers $3.37 Billion Despite Company's Lack of Profits
DoorDash had an explosive growth this year with the initial public offering of its stock.
Dec 09, 2020 04:19 PM EST
[VIRAL] Shop Worker Dies to Electric Shock as Charging iPhone Falls in the Bath
A Russian shop worker was electrocuted due to the fall of her charging iPhone into her bath.
Dec 09, 2020 11:58 AM EST
$600 Stimulus Checks? White House Urges New COVID Relief Bill
A COVID relief package worth $916 billion was proposed by the White House, including $600 stimulus checks.
Dec 09, 2020 10:24 AM EST
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