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News Ticker
  • [ March 14, 2023 ] HRW: Several Thousand Ukrainian Children ‘Forcibly Relocated to Russia’ NGO
  • [ March 14, 2023 ] US Space Program Budget Higher Than the Rest of the World Combined  Technology
  • [ March 14, 2023 ] White House: Saudi and Iran Relations Not Adverse to US Interests Foreign Policy
  • [ March 14, 2023 ] The GOP’s Bubble of Trump Denial Politics
  • [ March 14, 2023 ] Child Labor Laws Are Under Attack in States Across the Country Business
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Ford Slashes 3,200 Jobs in Europe In Move to US

January 24, 2023 Elizabeta Bozinovska

Ford plans to cut 3,200 jobs across Europe as the carmaker looks to cut costs and shift its focus towards electric vehicles. Most of the 2,500 jobs in product development and up to 700 in […]

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Business

Brazil and Argentina Move to Cut Reliance on US Dollar

January 23, 2023 Elizabeta Bozinovska

Argentina and Brazil, South America’s two biggest economies, are reviving an often-discussed plan that would face numerous political and economic hurdles by renewing discussions on forming a common currency for financial and commercial transactions. In […]

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Business

Debt Ceiling Deadline Looms

January 19, 2023 Dime

The clock is now ticking on the nation’s debt ceiling drama. Congress is gearing up for a debt ceiling standoff.  The U.S. is expected to hit its borrowing cap as soon as today, Thursday. But […]

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Business

Saudi FM Speaks on US Relationship At Davos

January 18, 2023 Elizabeta Bozinovska

Saudi Foreign Minister Prince Faisal bin Farhan Al Saud spoke on the Kingdom’s economy, oil, Iran, and U.S. ties at Davos.  Speaking at a panel at the World Economic Forum, he said the Saudi-US partnership […]

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Business

Davos Begins – But Is It Becoming Irrelevant?

January 17, 2023 Elizabeta Bozinovska

Delegates are settling into Davos 2023 for the beginning of the annual World Economic Forum meeting. But the World Economic Forum is facing both growing skepticism and competition.  The power of Davos is the guest list. […]

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Business

Why Companies Are Recruiting In Saudi Arabia

January 16, 2023 Elizabeta Bozinovska

Saudi Arabia is becoming a regional leader in attracting the best talent, according to recruiters who work in the Middle East.  John Armstrong, founder and managing director of recruitment agency JCA Associates, wrote for the […]

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Business

Twitter Workers Can’t Pursue Class-Action Lawsuit, Judge Says

January 16, 2023 Elizabeta Bozinovska

Laid-off Twitter workers who are suing the social media company over their termination must pursue claims in individual arbitration and not a class-action lawsuit after a judge ruled that they must drop their group suit. […]

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Business

Court Orders Trump Organization to Pay $1.6m as Tax Fraud Penalty

January 14, 2023 Elizabeta Bozinovska

A New York judge ordered the former US president Donald Trump’s real estate business on Friday to pay a $1.6 million fine after he found it guilty of a 15-year scheme to defraud tax authorities. […]

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Business

Adidas Loses Trademark Lawsuit Over Stripe Design

January 13, 2023 Elizabeta Bozinovska

Adidas lost a trademark infringement lawsuit over the sportswear giant’s famous “three stripes” logo design. Adidas brought the suit against Thom Browne, after it claimed the luxury fashion brand used the design without its permission. The […]

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Business

Prices Fell in December as Inflation Continues to Moderate

January 13, 2023 Elizabeta Bozinovska

For the first time in nearly three years, inflation fell on a monthly basis. Consumer prices decreased by 0.1 percent in December, the Bureau of Labor Statistics reported in its Consumer Price Index.  The last […]

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Business

Morning Consult Survey Finds Tesla’s Brand Image Is Tanking

January 13, 2023 Elizabeta Bozinovska

The brand image of Tesla, the world’s top electric vehicle maker, whose favorability is declining in the wake of its CEO Elon Musk’s chaotic takeover of Twitter, is slowly tanking, according to a new survey. […]

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Business

FAA Outage Traced to “Damaged Database File”

January 12, 2023 Elizabeta Bozinovska

The Federal Aviation Administration (FAA) came to a drastic standstill, temporarily grounding all domestic flights and causing chaos in airports nationwide.  The agency said it traced the mass system outage that day to a “damaged […]

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Pfizer to produce antiviral medicine
Business

EP Might Exclude Pfizer Officials for Lack of Transparency

January 12, 2023 Elizabeta Bozinovska

Prompted by Pfizer Inc’s lack of transparency in vaccine purchase contracts during the COVID-19 pandemic, the European Parliament’s COVI committee approved on Thursday the proposal to ban the company’s officials from the European Parliament. The […]

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Business

World Bank Warns Global Economy Risks Another Recession

January 11, 2023 Elizabeta Bozinovska

The World Bank has warned that the global economy risks its second recession within three years in 2023.  The institution said that any fresh setback to a global economy already rapidly weakening as a result […]

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Business

7,000 ‘Exhausted and Burnt Out’ NYC Nurses Walk Out

January 10, 2023 Elizabeta Bozinovska

Nurses in New York City are making their voices heard. More than 7,000 nurses walked off the job from two major hospitals in New York City on Monday, protesting staffing shortages, working conditions, and low pay.  […]

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Business

New Federal Probe Targets Pepsi, Coke Soda Pricing

January 10, 2023 Elizabeta Bozinovska

The Federal Trade Commission has put under preliminary investigation beverage giants Coca-Cola and PepsiCo over potential price discrimination in the soft drink market as the agency strives to dust off a decades-old, but long-dormant price-discrimination […]

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Business

Elon Musk’s Starlink and UAE’s Elcome to Provide Internet to Maritime Sector

January 9, 2023 Elizabeta Bozinovska

Elon Musk’s satellite internet service Starlink is partnering with Dubai-based marine electronics company Elcome International to provide internet services to the maritime industry.  The service uses Starlink’s low-Earth orbit satellites. It will connect vessels, like […]

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Business

Saudi PIF Remains Among the Top 10 World Sovereign Wealth Funds

January 9, 2023 Elizabeta Bozinovska

Saudi Arabia’s Public Investment Fund (PIF) has remained among the top 10 world’s sovereign wealth funds, maintaining the sixth spot in the list with assets worth $607.42 billion, the latest data snows. With $1.350 trillion […]

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Business

Non-Compete Agreements Could Soon Be Banned

January 6, 2023 Elizabeta Bozinovska

Millions of workers are subjected to non-compete agreements. That could be coming to an end.  The Federal Trade Commission took a bold move aimed at shifting the balance of power from companies to workers. The FTC […]

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Business

IMF: Too Early for US to Abandon Restrictive Monetary Policy

January 6, 2023 Elizabeta Bozinovska

Stressing that there is a very narrow path for the United States to avoid a recession in the coming months, the International Monetary Fund (IMF) has advised the United States to stick with last year’s […]

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Elon Musk Twitter deal
Business

Political Ads Ban on Twitter to Get Lifted in Coming Weeks

January 4, 2023 Elizabeta Bozinovska

Political advertisements will return on Twitter in the coming weeks while the issue-based paid content would be immediately allowed on the platform, the company said Tuesday announcing its plans to lift its restrictions on political […]

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Business

Gulf Sovereign Wealth Funds ‘Set to Shine More Than Ever’ in 2023

January 3, 2023 Elizabeta Bozinovska

Sovereign wealth funds in the Gulf are expected to shine more than ever in the next year according to Global SWF’s annual report. Gulf sovereign wealth funds are expected to become more active and play […]

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Business

Recession Threatens Third of World Economy, IMF’s Georgieva Warns

January 3, 2023 Elizabeta Bozinovska

The year 2023 is going to be a tough year– tougher than the year we leave behind- for much of the global economy as the United States, Europe, and China, the main engines of global […]

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Business

Southwest Airlines resume operations after storm

December 31, 2022 Maja Popovska

Following this week’s operations that were severely hampered by a winter storm, Southwest Airlines got back to its regularly scheduled operations on Friday, Reuters reported. During the bustling Christmas holiday rush, Dallas-based Southwest struggled to […]

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Business

Elon Musk’s reduced bare-bones Twitter operation 

December 30, 2022 Maja Popovska

Twitter is down to the bare bones under Elon Musk’s leadership, The New York Times reported. Musk has taken drastic steps to stabilize Twitter’s finances since the billionaire bought the social media platform for $44 […]

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Business

New York opens first legal weed shop

December 30, 2022 Maja Popovska

Upwards of one year after New York made marijuana legal, the first licensed marijuana shop in the state finally opened its doors to customers on Thursday, Reuters reported. This came despite delays in creating the […]

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Business

Tesla’s Brutal Year Sees Stock Losses Head Towards $1 Trillion

December 29, 2022 Elizabeta Bozinovska

It has been a brutal year for Tesla stock. Shares of the electric-vehicle maker have lost a massive 68 percent in 2022. It makes Tesla the worst performing company among any major S&P Company. Tesla stock crashed […]

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Business

Saudi Arabia’s Red Sea Global Releases Sustainability Report

December 28, 2022 Elizabeta Bozinovska

The new Red Sea Global in Saudi Arabia is helping deliver the Kingdom’s Vision 2030 strategy.  The Red Sea Global aims to develop a world-class tourism industry within Saudi Arabia. It is the multi-project developer […]

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Business

Travel Nurses Pay Slashed after Covid 

December 28, 2022 Elizabeta Bozinovska

Travel nurses took high-paying jobs during the Covid pandemic. But now far away from home, many are finding their salaries cut, sometimes in half, at renewal time.  A series of lawsuits are pushing back.  The boom […]

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Business

Russian Rouble Falls to 70 v Dollar as Sanctions Weigh 

December 27, 2022 Elizabeta Bozinovska

The Russian rouble dropped even more on Tuesday as the market comes to terms with sanctions and restrictions against Russian oil.  The latest round of Western sanctions against Russia over its invasion of Ukraine is […]

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  • Ukrainian children
    HRW: Several Thousand Ukrainian Children ‘Forcibly Relocated to Russia’
    March 14, 2023
  • space
    US Space Program Budget Higher Than the Rest of the World Combined 
    March 14, 2023
  • White House: Saudi and Iran Relations Not Adverse to US Interests
    March 14, 2023
  • The GOP’s Bubble of Trump Denial
    March 14, 2023
  • Child Labor Laws Are Under Attack in States Across the Country
    March 14, 2023

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