Temu's Super Bowl ads spark backlash over China-based firm's forced labor allegations
E-commerce platform Temu's Super Bowl ads drew the ire of lawmakers who called out the retailer's data protections and lack of safeguards to keep forced labor out of supply chains.
Business groups from US, Europe and Japan push back on Biden LNG permit pause
The Biden administration's pause on new liquefied natural gas (LNG) export permits prompted pushback from leading business groups in the U.S., Europe and Japan.
Freight through Suez Canal sinks 45% amid Houthi attacks
Freight levels through the Suez Canal have plummeted by 45% since Iran-backed Houthi militants began attacking vessels in the Red Sea, risking higher inflation and food insecurity.
Billionaire investing magnate Joe Lewis pleads guilty to insider trading
British billionaire and Tottenham Hotspur owner Joe Lewis pleaded guilty to insider trading charges. He passed inside information to several associates, including two private pilots.
Global shipping rates skyrocket as Red Sea crisis deepens
Global shipping rates are rising rapidly after several months of attacks by Yemen's Houthi militants in the Red Sea, a key waterway for global trade.
Elon Musk says Chinese EV companies will 'demolish' competition without tariffs
Tesla CEO Elon Musk told investors that Chinese electric vehicle makers are poised to "demolish" their competitors globally without trade barriers or tariffs.
Apple Watches go on sale without blood oxygen sensor amid patent dispute
Apple has resumed selling its Series 9 and Ultra 2 Apple Watches without blood oxygen sensors enabled amid its ongoing patent infringement dispute with medical technology firm Masimo.
Chevron CEO says Houthi attacks in Red Sea pose 'very real' risks to oil flows and prices
Chevron CEO Michael Wirth said he is surprised U.S. crude oil is trading under $73 a barrel and that Houthi attacks in the Red Sea pose a "very real" risk to oil prices.
Court reinstates import ban on certain Apple Watches amid patent dispute
Apple Watches that were redesigned amid the tech giant's patent infringement dispute can bypass an import ban because they lack pulse oximetry technology, Masimo said in a court filing.
Houthi attacks on shipping in the Red Sea risk reigniting global supply chain crisis
Soaring shipping costs following attacks by Iran-backed Houthi militants in the Red Sea and Suez Canal are raising fears of another supply chain crisis.
US led the world in liquefied natural gas (LNG) exports in 2023
The U.S. was the world's leading exporter of liquefied natural gas (LNG) in 2023 after setting monthly and annual records in December, according to tanker tracking data
Arizona-based Christian university sued by FTC over deceptive advertising and illegal telemarketing
Arizona-based Grand Canyon University, the largest Christian University in the U.S., is being sued by the Federal Trade Commission over deceptive advertising of doctoral programs.
Apple wins appeal to temporarily pause Apple Watch ban
A federal appeals court paused a trade commission's ban on the import and sale of certain Apple Watches amid the company's patent dispute with Masimo.
Apple appeals after Biden admin lets Apple Watch import ban stand
Apple is appealing a ruling that blocked the sale and importation of Apple Watch Series 9 and Ultra 2 after a trade court found that Apple infringed on Masimo's patents.
Apple halting sales of Series 9, Ultra 2 smartwatch over patent dispute
Apple announced Monday that it will pause sales of its Apple Watch Series 9 and Ultra 2 smartwatches amid a patent infringement dispute with medical technology firm Masimo.
BP pauses oil tanker traffic through Red Sea amid Houthi rebel attacks
BP oil says the "deteriorating security situation" in the Middle East has forced it to halt shipments through the Red Sea on Monday.
Major shipping companies suspend Red Sea journeys following Houthi attacks
Several shipping companies have halted journeys through the Red Sea and the Bab-el-Mandeb strait following a spate of attacks by Yemen's Houthi movement, an Iran-aligned group.
CCP select committee offers policies for US to beat China on economic front
The House panel looking into the strategic competition between the U.S. and the Chinese Communist Party aims to reset the economic relationship between the U.S. and China.
Russian, Chinese businessmen considering secret undersea tunnel connecting to Crimea: report
The Chinese Railway Construction Corporation is in communication with Russian business leaders about possibly building a tunnel connecting Russia to Crimea, according to reports.
Rare US stamp 'Inverted Jenny' sells for record $2M
An rare stamp known as the “Inverted Jenny," was purchased on Wednesday for a record setting $2 million. The stamp depicts an upside-down aircraft.

















