BUSINESS
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Is Your Shopping Spree at Shein Compromising Your Personal Security? Chinese e-commerce giant Shein has been criticized for potential security issues, including personal data breaches, that could occur as it exports its logistics supply chain services and technology to the global market. Concerns were raised from within the U.S. that the Chinese government could seize data on logistic supply chain information and sensitive personal data […] -
China Outpaces U.S. with Six Times More Patents - Is America Falling Behind? Over the past ten years, there have been 54,000 patent applications related to generative AI worldwide, with 25% of them filed in 2023. -
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50% According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%. -
American Entrepreneurs Show Resilience Amidst Pricing and Staffing Struggles In the United States, the nationwide small business sentiment index rose by 1 point to 91.5 in June. The U.S. government announced that the optimism of U.S. small and medium-sized enterprises (SMEs) has been on the rise for three consecutive months as of June, recording its highest level of the year on July 9. Despite […] -
Shein in Hot Water: Fashion Scene Rejects Low-Quality Imports The intense marketing pressure from China intensifies as Shein has been indiscriminately selling low-quality products online and offline. -
FAA Orders Inspection of 2,600 Boeing 737 Aircraft Over Oxygen Mask Issues The FAA demands an inspection of 2,600 Boeing 737 aircraft due to potential malfunction of passenger oxygen masks in emergencies. -
Tesla vs. Nvidia: ETFs Show Winners and Losers in Latest Stock Battle Nvidia and Tesla have shown divergent stock price trends, leading to mixed results for ETFs holding these stocks. -
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric Cars Hyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures. -
HMM Dominates Orange Imports: Here's Why Korea Loves California Citrus HMM has been identified as the leading global shipping company transporting the most orange imports from California to Korea. -
Nvidia's Stock: Is the Bubble About to Burst? US Wall Street market analysis firm, adjusted its investment opinion on Nvidia from "buy" to "neutral" the previous day. -
Copper's Big Leap: Surges Past $10,000 as Investors Eye China's Policy Support Copper prices have surpassed $10,000. Amid expectations of increased demand in China, there's also speculation of further price increases. -
Gen Z's Newest Social Media Obsession Hits #1 on App Store! The new social media platform noplace, designed for Gen Z, has topped the US Apple App Store downloads following its official launch. -
13 Secrets McDonald's Employees Probably Won't Tell You A few years ago, Buzzfeed released an article titled “21 Secrets McDonald’s Employees Won’t Tell You.” Keep in mind that menu items and service may vary by country, so there might be differences from the McDonald’s services you’re familiar with locally. 1. Ordering Fries Without Salt Although it seems like a simple request, it requires […] -
Could Biden's Exit Crash Bitcoin to $50,000? Here's What Experts Think There's speculation that if President Joe Biden withdraws as the Democratic candidate, the price of Bitcoin will plummet. -
Tesla Surprises with Stronger-than-Expected Q2 Deliveries, Stocks Soar 10% Tesla's shares soared nearly 10% after the company reported better-than-expected second-quarter vehicle production and delivery numbers. -
U.S. Government Invests $176M in Moderna for Avian Flu Vaccine The U.S. government announced the plan to provide $176 million to Moderna to develop a pandemic vaccine targeting avian flu. -
EU Cracks Down on Meta: Social Media Giant Risks $13.4 Billion Fine The European Union (EU) has concluded that Meta Platforms has violated the Digital Markets Act (DMA). If the preliminary conclusion is confirmed, Meta could face a fine of up to 10% of its annual revenue, amounting to $13.4 billion. This marks an expansion of the EU’s anti-competition sanctions against big tech companies in the U.S., […] -
Fed's Powell hints at interest rate cuts, but adds more evidence needed Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal. -
IKEA Shakes Up Fifth Avenue: Next to Chanel and Tiffany, A New Neighbor Arrives An IKEA store is set to open a store on Manhattan's Fifth Avenue in New York, known for its high-end luxury stores. -
U.S. Election Jitters? Standard Chartered Diversifies to Ride the Wave Standard Chartered Group announced that it is preparing for uncertainties such as U.S. interest rate cuts and presidential elections.
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