E-commerce giant Alibaba eased its financial backers during its annual Investors’ Day on Friday as the company maintained its rise and is seeking to explore operational environmental sustainability goals by 2030. Over the past year, the Chinese titan has been fighting off a bundle of challenges directed at it, be it regulatory or in-house challenges, […]
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The line of cars started forming at dawn. It was early November in Greenville, North Carolina, and drivers waited in a line that stretched for miles to pick up Thanksgiving turkeys — 10,000 free frozen birds to anyone who asked. Who was behind this act of holiday kindness? A community foundation, perhaps? Or a food […]
The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry. “The future of transportation in our nation and around the world is electric,” Vice President Kamala Harris said […]
Security researchers said Thursday they found two kinds of commercial spyware on the phone of a leading exiled Egyptian dissident, providing new evidence of the depth and diversity of the abusive hacker-for-hire industry. One piece of malware recently found on an iPhone belonging to Ayman Nour, a dissident and 2005 Egyptian presidential candidate who subsequently […]
New York City is poised to bar most new buildings from using natural gas within a few years, after lawmakers voted Wednesday to make the United States’ most populous city a showcase for a climate-change-fighting policy that has been both embraced and blocked elsewhere. If Democratic Mayor Bill de Blasio signs the measure, as expected, […]
In a Financial Times report released on Wednesday, the U.S. publicized intentions of intensifying its grip on Chinese firms by expanding its blacklist to include commercial drone maker DJI as well as several biotech firms. The report caused shares of Chinese healthcare and technology firms to drop as investors shudder with worry from the news’ […]
New York City lawmakers are poised to decide Wednesday whether to prohibit most new buildings from using natural gas, a move that would make the nation’s most populous city a showcase for a climate-change-fighting policy that has been both embraced and blocked around the country. The measure is expected to pass the City Council and […]
Australia’s government said Tuesday it plans to start making mRNA vaccines at home with a new plant that could produce up to 100 million doses each year. The announcement came as coronavirus cases in Sydney and surrounding areas jumped, driven in part by the omicron variant. The new factory would be built in Victoria state […]
The federal Occupational Health and Safety Administration said Monday it has opened an investigation into the collapse of an Amazon warehouse in Edwardsville, Illinois, after it was struck by a tornado on Friday, leaving six people dead and another hospitalized. OSHA inspectors, who have been at the site since Saturday, will look into whether workplace […]
Technology companies led a rally on Wall Street that powered the S&P 500 to an all-time high and gave the index its best weekly gain since February. The S&P 500 rose 1%, enough to recoup its losses from a day earlier. The benchmark index closed higher four of the last five days, finishing 3.8% higher […]