Indonesia's Ministry of Trade is imposing regulations that prohibit e-commerce transactions on social media platforms, including TikTok and Facebook, in order to prevent the misuse of public data and protect local businesses, dealing a blow to TikTok's e-commerce ambitions in the country and benefiting competitors like Shopee.
The chairman of China Evergrande Group, Hui Ka Yan, has been placed under police surveillance amid the company's worsening financial situation and regulatory investigation.
McDonald's is expanding its sauce collection with the addition of two limited-edition sauces, the Sweet & Spicy Jam and the MamboSauce, which will be available on their menu starting from October 9th.
Costco members now have access to discounted medical services through a partnership with Sesame, including virtual primary care appointments for $29 and online mental health therapy for $79.
The FCC is set to reinstate net neutrality rules, treating all internet traffic equally and preventing broadband providers from giving favorable treatment to business partners or their own services.
JPMorgan's British retail bank Chase will ban crypto transactions from October 16 due to an increase in fraud and scams targeting UK consumers.
Tinder has introduced a new subscription plan called Tinder Select, available to less than 1% of users, offering exclusive perks and early access to new features for $499 per month.
President Biden is visiting Michigan to show support for striking autoworkers, while former President Trump plans to address union members in the state as well as they compete for voter support in a key swing state.
The US Postal Service is providing free shipments of four COVID-19 tests to every household in the US, funded by a $600 million investment from the White House, as hospitalization rates and infection rates continue to rise.
Consumer confidence in the U.S. dropped to its lowest level in four months in September, due to rising gas prices, high interest rates, and economic uncertainty.
Joe Biden and Donald Trump will address striking auto workers in Michigan, highlighting the importance of unions in the 2024 presidential election, despite their representation of a small fraction of U.S. workers.
Joe Biden will make a rare presidential appearance on a picket line in Michigan to show solidarity with striking members of the United Auto Workers union, in an effort to retain the support of union members in the key battleground state and burnish his credentials as the most union-friendly president in US history, while Donald Trump is not expected to visit a picket line.
Pharmacy chain Rite Aid is closing hundreds of stores nationwide as it addresses its debt situation and deals with opioid-related lawsuits, with the exact locations of the closures yet to be disclosed.
Tens of thousands of Kaiser Permanente employees in California and other states are planning to go on strike in October due to concerns about pay, staffing, and patient safety, marking what could be the largest strike by healthcare workers in U.S. history.
Kaiser Permanente employees who are members of the Service Employees International Union Local 105 intend to go on a three-day strike if no agreement is reached, making it the largest healthcare strike in U.S. history.
Russia's decision to ban diesel exports to most countries, including the European Union, could lead to higher diesel prices and a possible uptick in inflation in Europe, as Russia is the world's biggest exporter of diesel accounting for over 13% of global supply.
Thousands of healthcare workers at Kaiser Permanente threaten to strike if a staffing crisis is not resolved, which could disrupt healthcare services for over 13 million patients.
Rupert Murdoch's eldest son, Lachlan Murdoch, has been named the sole chairman of News Corp, raising questions about a potential power struggle among the four adult children upon their father's death, as outlined in the Murdoch Family Trust.
Former U.S. Representative Steve Buyer has been sentenced to 22 months in prison for illegal insider trading, as well as being ordered to forfeit $354,027 and pay a $10,000 fine.
Thousands of whole cantaloupe sold in 19 states have been recalled due to potential salmonella contamination, according to the U.S. Food and Drug Administration.
FTX founder Sam Bankman-Fried has been denied bail ahead of his trial on fraud charges, with the judge citing flight risk concerns, but has extended his hours to meet with his attorneys.
The average long-term U.S. mortgage rate reaches its highest level in nearly 23 years, making the housing market even more unaffordable for prospective homebuyers.
The Securities and Exchange Commission has charged Anthony Viggiano and three others with insider trading in advance of multiple merger and acquisition transactions, alleging that Viggiano obtained confidential information and tipped off his friends, resulting in illegal profits.
The US FDA has updated the label of the diabetes drug Ozempic to include reports of blocked intestines in some users, while its sister drug Wegovy acknowledges a condition known as ileus; concerns have also been raised over the development of gastroparesis in some users, leading to a lawsuit against drugmakers Novo Nordisk and Eli Lilly.
A potential government shutdown threatens to delay real estate transactions and leave home buyers unable to secure flood insurance, causing significant disruption to the industry.
A Los Angeles judge has upheld a decision by the Santa Barbara County Board of Supervisors to prohibit Exxon from using tanker trucks to transport crude oil from offshore platforms to refineries, following a pipeline rupture in 2015 and strong opposition to all pipelines in the area.
Rising mortgage rates and seasonal factors have led to a 7.1% plunge in pending home sales for August, with every region experiencing a decline, exacerbating the existing issues of expensive mortgages, rising prices, and low inventory in the housing market.
Palantir has secured a $250 million contract with the US Defense Department to conduct research and development in artificial intelligence and machine learning, highlighting its strong ties with the government and presence in the AI-defense sector.
Micron Technology forecasts a wider-than-expected loss for the first quarter, despite strong revenue projections, as it aims to become a supplier to Nvidia and launches new high-bandwidth memory chips.
Five picketing workers in the United Auto Workers strike were hit by a vehicle outside a General Motors plant in Michigan, with minor injuries and two workers taken to the hospital, as President Biden joins striking workers on the picket line.
The winner of the $1.6 billion Mega Millions jackpot in August has come forward to claim their prize, although their identity remains anonymous due to new Florida laws.
The US SEC is considering applications for spot crypto ETFs from Franklin Templeton and Hashdex, but there are delays in approving VanEck's and ARK's ether ETF applications.
Investors are pushing yields in the Treasury market towards or above 5%, driven by the speed at which they are rising rather than the actual level, which could have negative implications for banks and existing holders of Treasurys.
The benchmark 10-year Treasury yield rose to its highest level in over 15 years as concerns about persistent inflation and longer-than-expected tight monetary policy weighed on traders.
Dallas has been selected as one of three national hubs for the Advanced Research Projects Agency for Health (ARPA-H), a federal agency focused on advancing breakthroughs in science and medicine, with a particular emphasis on preventing and treating diseases such as cancer, Alzheimer’s, and diabetes.
President Joe Biden joined striking United Auto Workers in Michigan, becoming the first sitting president to actively participate in an ongoing strike and demonstrating his support for organized labor.
London's Gatwick Airport has implemented a strict daily flight cap of 800 flights until Sunday due to a shortage of air traffic control staff caused by illnesses, resulting in numerous cancellations and delays.
Tesla and European carmakers exporting from China to the EU will be investigated by the bloc to determine if China's electric vehicle industry is benefiting from unfair subsidies.
Millions of student loan borrowers, like Gaelle Gilles, are preparing to resume payments on their federally held student loans on October 1, after a pandemic-era pause, but they now have new options and repayment plans available to them, including the income-driven SAVE plan, which could significantly reduce their monthly payments and change the economics of student loan borrowing.