FINANCE
U.S. employment data has been weaker than expected, staying on course for the strongest weekly loss in three months, and oil prices stabilized Friday, May 3. Concerns about demand and high interest rates remain. At 1:15 p.m. GMT Brent futures for July were up 17 cents, or 0.2 percent, at
Consumer Electronics Demand Down ‘Especially in China’ Says TSMC Chief
The head of an industry-leading semiconductor manufacturing company says consumer demand for personal...
Workplace Drug Testing Data Shows Growing Ratio of Post-accident Positives Among American Workers
A new set of data published by a leading American narcotics screening firm revealed results indicating...
China’s Online Retailer Firm JD.com Expands Layoffs as Economy Worsens
As Beijing’s regulators turn up the heat on a heavily saturated internet sector, adding financial pressure...
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...
US Government to Exempt 352 Chinese Goods From Reinitiated Tariffs
The Biden administration announced on March 23 that it had moved to reinstate tariff exemptions on more...
A Central Bank Digital Currency Is Coming to America
Commentary U.S. President Joe Biden signed an Executive Order to “study” the possibilities for creating...
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...
Russia Says China Is Not Supplying Airplane Parts Following Sanctions, Airlines in Jeopardy
As Russia increasingly looks to China to help alleviate the crushing weight of unprecedented sanctions...