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BUSINESS

  • NLRB vs. Apple: Legal Showdown Over Employee Advocacy Rights NLRB accuses Apple of violating employee rights with illegal policies, sparking legal action and stock price decline.
  • Russia and Uzbekistan Set to Finalize Major Nuclear Plant Project Uzbekistan and Russia are expected to finalize negotiations for a nuclear power plant construction project.
  • Buffett Goes All-In on Japan with New Samurai Bond Issuance Warren Buffett leads Berkshire Hathaway in a second Samurai bond issuance, emphasizing a strategic focus on Japan's market.
  • $5 Billion Fallout Expected as U.S. Dockworkers Launch Historic Port Strike Dockworkers' strike threatens U.S. ports, significantly risking $5 billion economic fallout and disrupting global supply chains.
  • Hidden War: How China Influences Korea’s Electric Vehicle Market Online China influences public opinion against Korean products through organized online commentary, employing tactics to incite discord.
  • NVIDIA Stock Dips: Is This the Perfect Time to Buy? Analysts have identified a potential buying opportunity for NVIDIA (NVDA) following a recent dip in AI momentum.
  • Shockwaves in EV Market: EU Eyes Up to 45% Tariff on Chinese Imports The EU plans to vote on tariffs up to 45% on Chinese electric vehicles, with member states negotiating to avoid them.
  • Middle East-North Africa Strengthens Its Position with 7.5% of Global Crypto Trades MENA region has played a significant role in the crypto market. From July 2023 to June 2024, it represented 7.5% of total trading volume.
  • Dell Joins the 5-Day Workweek Club: What It Means for Employees! According to Reuters on Thursday, Dell's global sales team employees must return to working in-office five days a week starting September 30.
  • Google Blocks New Accounts in Russia, Urges Users to Shift to Domestic Platforms Alphabet's Google announced on Thursday that they had implemented restrictions on account creation for users in Russia.
  • THIS Airline Takes #1 in Business and First Class at 2024 10Best Awards Korean Air won Best Airline in Business and First Class at the 2024 10Best Readers' Choice Awards organized by USA Today every year.
  • Warren Buffett Cashed in $9 Billion by Offloading Bank of America Stakes Warren Buffett's Berkshire Hathaway has profited $9 billion since July, selling more Bank of America shares while maintaining a 10.5% stake.
  • Goldman Sachs Sees Bright Future for Tesla, Suggests Buying Stock Options Goldman Sachs has advised investors to buy call options for Tesla, citing a series of potential key developments.
  • Intel Introduces Gaudi 3 AI Chip, Eyes Competition with Nvidia and AMD Intel is launching its Gaudi 3 AI chip to compete with Nvidia and AMD, claiming superior efficiency and speed for generative AI.
  • China’s Stimulus Boosts Oil Prices as U.S. Faces Hurricane Threats The price of New York crude oil rose after China announced interest rate cuts and a large economic stimulus package.
  • Silicon Valley vs. Seoul: U.S. Tech Fears Korean Laws Could Help China The CCIA opposes South Korea's Platform Competition Promotion Act, arguing it may harm U.S. firms and benefit Chinese competitors.
  • Lemon8 vs. TikTok: ByteDance's Battle for Social Media Supremacy Lemon8, a social media platform owned by ByteDance, is steadily rising in the U.S. App Store rankings, according to a report from TechCrunch.
  • Israel's AI Ambition Skyrockets Them to 4th in the World: Their Plan to Outshine the U.S. and China Israel's AI technology ranks fourth globally, with a high talent percentage and a $2.7 million plan to attract overseas experts.
  • Coca-Cola Bets Big on Nigeria: $1 Billion Investment to Transform the Market Bola Tinubu, the President of Nigeria, and senior executives from Coca-Cola have concluded an investment-related meeting.
  • Judge Approves Terraform Bankruptcy—Can Investors Get Their Money Back? Terraform Labs, the company behind the cryptocurrencies Terra and Luna, has received bankruptcy approval in the United States.
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