Vision Times News
California Wildfire Gets Worse, Becomes Largest in US
Thousands of firefighters have been deployed to battle a rapidly growing wildfire in northern California as of Saturday, July 27. The blaze more than doubled in size in a 24-hour span, rapidly growing and devastating...
US Transportation Department Opens Probe Into Delta Air Lines Following Widespread Flight Cancellations
The U.S. Department of Transportation announced on Tuesday, July 23, that it is opening an investigation into Delta Air Lines. The company canceled more than 5,000 flights since Friday (July 19), in response to a...
Taiwan Firms Shift Supply Chains From China to India
Taiwan firms are shifting supply chains to India from mainland China as Taipei and New Delhi strengthen economic ties, the head of the island's key trade body told Reuters. James Huang, chairman of the Taiwan...
US Military Builds Up Australia’s Northern Bases Amid China Tensions
The U.S. military is building infrastructure in northern Australia. A Reuters review of documents and interviews with U.S. and Australian defense officials shows the move will help the country to project power into the South...
Drug Giants Eye China for Deals Despite Growing Sino-US Tensions
Industry executives and investment bankers said some of the biggest global drugmakers are scouring for deals in China to replenish drug pipelines and boost their presence in the world's second-biggest pharmaceutical market. Several major deals...
Global Tech Outage Disrupts Industries and Travel Worldwide
On Friday, July 19, a worldwide tech outage struck industries from travel to finance. Services started coming back online after hours of disruption, highlighting the risks of a global shift towards digital, interconnected technologies. A...
Elon Musk Plans to Donate 45 Million Dollars a Month to New Pro-Trump PAC, Wall Street Journal Says
Billionaire Elon Musk has said he plans to commit around $45 million a month to a new pro-Trump super political-action committee, the Wall Street Journal reported on Monday, July 15. Musk had indicated that he...
Europe Needs Way to Price Critical Minerals Independently of China, European Group Says
Europe needs a system to set prices for critical minerals needed for the energy transition that is not dependent on China, which dominates much of the global sector. This is what the head of an...
Democrats to Nominate Biden in Virtual Vote Before Convention, Despite Recent Mishaps
Despite recents calls for him to step aside due to his health conditions, President Joe Biden will receive the official nomination from fellow Democrats for a second term in a virtual vote as planned in...
Sellers Left Struggling to Make Ends Meet in China’s E-Commerce Price War
Chinese e-commerce vendors are struggling to survive with slowing sales growth and rising price pressures, as well as intensified competition among shopping platforms. A once-thriving e-commerce industry punctuated by shopping “bonanzas” is feeling the weight...
Airbus Upgrades 20-year Demand Forecast as Market Outlook Evolves
Airbus on Monday, July 15 revised up its 20-year demand forecast for jetliners. Many airlines are modernizing long-haul fleets and Asia's surging economies unlock new potential markets. The world's largest planemaker predicted in an annual...
US Small Business Confidence Increased to Six-Month High in June
U.S. small-business confidence increased to a six-month high in June, but inflation worries remained as more business owners reported plans to raise compensation for workers over the next three months. On Tuesday, July 9, The...