Business

United Kingdom 01/14/22, 16:53

Facebook's parent company, Meta, has recently been sued in the UK in an unprecedented class action, accused of abusing its market dominance and exploiting its users' data without consent. Competition law expert Dr. Liza Lovdahl Gormsen leads the lawsuit against the social media giant. The renowned lawyer announced the lawsuit against ...

U.S. 01/14/22, 01:17

According to the Consumer Price Index (CPI) News Release published by the U.S. Bureau of Statistics on Wednesday, Jan. 12, the CPI "rose 7.0% for the 12 months ending December, the largest 12-month increase since the period ending June 1982." This trend was largely anticipated by many. However, while the Biden ...

U.S. 01/13/22, 03:25

According to CNBC, a Change.org petition for $2,000 monthly stimulus checks has received 3 million signatures. Stephanie Bonin, a Denver restaurant owner and the petition's organizer, seeks adult stimulus checks of $2,000 per month and child stimulus checks of $1,000 per month. In addition, her petition requests that monthly stimulus ...

Middle East 01/12/22, 17:35

More than 100 Republican members of Congress urged U.S. President Joe Biden to halt negotiations to renew the failed nuclear deal, arguing in a letter that continuing them "only further enables Iran's malign activities, including their aggressive nuclear pursuits." Although the Biden administration has been condescending to the Iranian regime, it ...

China 01/12/22, 16:07

Before its shares resumed trading on Jan. 4, China Evergrande Group said that the Danzhou City authorities had ordered it to get rid of all the 39 residential buildings it built on artificial Haihua Island—the world's largest flower-shaped artificial tourist island, according to The Epoch Times. Evergrande was ordered to repair ...

News 01/11/22, 00:34

Despite ethical controversies, Dave Bennett, 57, a resident of Maryland, USA, agreed to receive a genetically modified pig heart as an alternative solution to his heart problem.  The surgery lasted nine hours as doctors attached Bennett to the heart of a one-year-old, 240-pound pig bred explicitly for this purpose at the ...

Trending 01/09/22, 04:35

The TRUTH Social social network, founded by former President Trump, has set Feb. 21 as the official launch date for the app. Its stock soared to 20% in a matter of minutes, reports The Guardian. In October, the Trump Media and Technology Corporation announced the platform's launch, describing it as a tool to "stand ...

China 01/09/22, 03:44

Napadej Dhupatemiya, commander-in-chief of the Royal Thai Air Force, said that Thailand's military is considering buying eight F-35 stealth fighters from the United States to strengthen the country's defense capabilities. The commander said that its air force needs a new fleet of fighters as the F-5 and F-16 have been in ...

Middle East 01/08/22, 15:55

Iran's authoritarian regime continues to openly defy sanctions imposed by the U.S.–led international community by increasing oil sales to the Chinese Communist Party (CCP) by 40% during 2021. According to a report by the watchdog group tracking illegal Iranian oil tankers, United Against Nuclear Iran (UANI), not only were the restrictions ...

News 01/07/22, 20:18

The authoritarianism and perversity of the Chinese Communist Party (CCP) are in the news again. After forcibly locking up the 13 million Chinese in Xi'an for barely 143 positive cases to the point of starving them because they could not even go out to buy food. Now the authorities are ...

China 01/06/22, 16:52

China Huarong Asset Management Company had its shares resume trading on the Hong Kong Stock Exchange on Jan. 5 after a nine-month suspension was lifted, but the stock plummeted 55%, hitting a record low. The shares dropped to HK$0.495 (US$0.063) on Wednesday, which is the lowest price since Huarong started listing ...

U.S. 01/05/22, 20:31

Federal prosecutors have found Theranos founder Elizabeth Holmes guilty on four of 11 criminal fraud charges for defrauding investors about her health care startup technology, which she claimed could revolutionize health care by detecting hundreds of diseases with a few drops of blood, on Monday, Jan. 3 2022. Until the Wall ...

U.S. 01/05/22, 18:56

Cliff Sims, Trump's former intelligence official, spoke about the responsibility of Wall Street and tech companies in the economic growth of communist China, which seeks world domination, at the expense of the U.S., during an interview with Breitbart. In his criticism on Saturday, Jan. 1, one of the companies he aimed ...

U.S. 01/05/22, 04:48

Sen. Joe Manchin (D-W.Va.) said on Tuesday, Jan. 4, that he remains opposing President Biden's massive social spending worth roughly $2 trillion, citing his concerns over the measure's impacts on the already-high inflation. Fox News reported the Democratic senator told reporters that he is not currently negotiating with Biden and ...

China 01/04/22, 20:05

Didi Chuxing made a huge net loss of 30 billion yuan (US$4.7 billion) in the third quarter of 2021, according to its financial report released on Dec. 29. Analysts said that China’s regulator banned new users from registering Didi, resulting in the company’s revenue decline. Didi's financial report shows that in the ...

China 01/04/22, 19:49

Evergrande's stock was down 2.8% as of 11:37 a.m. local time on Jan. 3, according to Bloomberg. Just a few days earlier, on Jan. 1, Evergrande Group had been ordered to remove 39 buildings of the Ocean Flower Island project within ten days. Evergrande halted trading on the Hong Kong stock ...