After losing appeals for being delisted from the New York Stock Exchange (NYSE), state-owned operator, China Mobile Ltd. revealed intentions of raising $7.64 billion in a Shanghai listing on Tuesday. The move will mark the largest equity fundraisings for 2021 and came due to the NYSE decision to adhere to an investment blacklist presented by […]
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The European Union’s drugs regulator gave the green light Monday to a fifth COVID-19 vaccine for use in the 27-nation bloc, granting conditional marketing authorization to the two-dose vaccine made by U.S. biotech company Novavax. The European Medicines Agency decision to recommend granting conditional marketing authorization for the vaccine for people aged 18 and over, […]
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 […]
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 […]
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’ […]
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 […]
When social networking titan Facebook emerged to the scene back in 2004, no one predicted the global and social overtake of what soon became a digital and societal phenomenon. The impact this company had on a worldwide scale presented to other social networking companies, such as Twitter, Snapchat, and LinkedIn, the needed means to flourish […]
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 […]
Cryptocurrency executives went to Capitol Hill Wednesday to say their fast-growing industry understands more regulation is likely coming, but they don’t want it to squelch the next wave of the internet or send it offshore to other countries. Leaders from major crypto exchanges, mining and other related businesses testified for four-and-a-half hours before the financial […]
A major outage in Amazon’s cloud computing network Tuesday severely disrupted services at a wide range of U.S. companies for more than five hours, the latest sign of just how concentrated the business of keeping the internet running has become. The incident at Amazon Web Services mostly affected the eastern U.S., but still impacted everything […]