Forever 21, American Eagle returning to Japan
U.S. fast fashion brands such as Forever 21 and American Eagle are set to return to the Japanese retail market. They both previously left the market in 2019.
Juul sues FDA for not disclosing documents justifying e-cigarette ban
Juul is suing the U.S. Food and Drug Administration for refusing to disclose scientific documents that were central to banning the e-cigarette product.
Spotify launching audiobook service, looking to take on Amazon's Audible
Spotify is entering the audiobook industry and looking to give Amazon's Audible a run for its money after it announced that it will be launching its audiobook service in the U.S.
Biden administration picks CHIPS team to handle $52.7 billion in semiconductor funding
The Biden administration has named a team of 50 individuals, led by economist Aaron "Ronnie" Chatterji, to handle the $52.7 billion included in the CHIPS Act for semiconductor research.
NY and other US states ask appeals court to reinstate lawsuit against Facebook
New York is leading a large group of other U.S. states in arguing to an appeals court to reinstate an antitrust law against Facebook's meta for unfair business practices.
New fossil fuel registry makes it easier for investors to spot 'stranded' energy assets
The first global registry for oil and gas reserves has been created by Carbon Tracker and Global Energy Monitor, making it easier for investors to gauge energy assets.
China to sanction chief executives at Boeing Defense and Raytheon for selling arms to Taiwan
The Chinese government is planning on sanctioning the chief executives at Boeing Defense and Raytheon for their roles in selling arms to Taiwan, which China sees as a threat.
Report suggests Russian economy will not return to pre-war levels until 2030
Scope Ratings has predicted that the Russian economy will not return to pre-war levels until 2030, with Russia's GDP expected to fall 8% from 2021 levels.
Dutch students create carbon-eating electric vehicle
Dutch students created a carbon-eating electric vehicle called ZEM. The EV is mostly made of parts that were 3D-printed from recycled plastics.
Biden administration unveils plan to invest more than $2 billion into US biotechnology sector
The Biden administration unveiled its plan to invest more than $2 billion into the U.S. biotechnology sector directly ahead of a government-led summit on the emerging industry.
DuckDuckGo, Mozilla and others support bill to reign in Big Tech's power
Giant tech companies like Alphabet's Google and Meta's Facebook may be facing further regulation if a bill brought forward by Sen. Amy Klobuchar is passed.
Google to face $25.4 billion in damages by UK and Dutch courts over adtech practices
Google will be facing lawsuits with damages of more than $25.4 billion brought on by British and Dutch courts for its alleged unfair advertising practices.
Uber pays $100 million in back unemployment taxes for misrepresenting drivers' employment status
Uber released a statement on Monday stating that they have paid $100 million in back unemployment taxes to NJ after the state decided drivers are employees, not independent contractors.
Argentina raises financing rates for soybean farmers who hoard stock
Argentina will start increasing interest rates for soybean farmers who hold onto more than 5% of their production in an effort to raise dwindling foreign currency reserves.
Brazil suspends Apple from selling iPhones without charger
The Brazilian government has declared that Apple can no longer sell iPhones without chargers in the country, considering the phone without the charger is an incomplete item.
Bayer agrees to pay $40 million to settle whistleblower claims over 3 prescription drugs
Bayer AG has agreed to pay a $40 million settlement stemming from two whistleblower lawsuits filed in 2005 and 2006 over the company's alleged use of kickbacks and false statements.
Yellen to embark on speaking tour lauding Biden's economic agenda
Janet Yellen, U.S. treasury secretary, will begin her speaking tour on Sept. 8 where she will speak on President Joe Biden's recent legislative accomplishments and economic plans.
China approves Livzon Pharmaceutical's COVID vaccine as a booster
With COVID cases on the rise in China, the government has approved Livzon Pharmaceutical's COVID-19 vaccine as a booster, in hopes of having as many people boosted as possible.
India set to release newly developed cervical cancer vaccine soon
The Serum Institute of India (SII) has recently announced that they have successfully developed the world's first cervical cancer vaccine, which will soon hit shelves soon.
Amazon releases new seller storage service, Amazon Warehousing & Distribution
Amazon.com has begun offering a new seller storage service this week called Amazon Warehousing & Distribution (AWD) where sellers will be able to send inventory to any location.



















