BUSINESS
In a move aimed at countering China's rampant export of its excess industrial capacity, U.S. President Joe Biden proposed a hefty tariff increase on Chinese steel and aluminum. The proposal came on April 17 while he addressed union workers in Pennsylvania. If approved, these imports could see their tariffs “tripled,”
Japanese Startup Builds Electroshock Bracelet to Inflict Pain On Metaverse Users
A Japanese startup has created a bracelet that transfers and mimics bodily movements into virtual reality...
Chinese Mobile Giant Huawei Reports Decrease in Sales but Soaring Profit as Top Executive Is Released
Chinese telecom maker Huawei announced Monday, March 28, that despite a decrease in sales, its overall...
Amazon Delivery Partners Say the Tech Giant Is Squeezing Them Out of Business
Rumors are surfacing about online sales giant Amazon imposing a reign of terror on its small-time delivery...
China Represses Another Agricultural Firm: 13 Years in Jail for Xiangda Chairman
Zhang Dewu, chairman of the Xiangda Group, has been sentenced to 13 years in prison under several charges...
China Considers Buying Into Russian Energy Amid Growing Economic Challenges and COVID Lockdowns
Financial news analysis China’s ambitious economic growth target for the year is already being questioned...
More Bad News for Consumers: Visa and Mastercard Will Hike Merchant Fees In April
As North American households struggle to survive amid wildly surging inflation caused by pretexts of...
Target Raises Minimum Hourly Wage for Some Positions to $24
Retailer Target announced it would raise the minimum wage for some workers from $15 to $24 per hour to...
As Fuel Prices Soar, Experts Warn Americans to Brace for Further Increases
Fuel prices across the United States continue to soar as experts warn that prices have not yet peaked...
Amazon Limits Paid COVID Leave to Employees Vaccinated Against COVID
Amazon denies its vaccine-free employees enjoying paid leave after receiving a positive PCR-test result...