Now-bankrupt crypto lender Celsius sues former asset manager for supposed theft
Celcius Network LLC, which went bankrupt last month, is suing its former asset manager for apparently stealing millions of dollars in assets and covering his tracks using Tornado Cash.
Bavarian Nordic promises to increase monkeypox vaccine production as supply shrinks
The producer of the only approved monkeypox vaccine is promising to increase the production of vaccine doses as supply falters and cases increase.
Intel and Brookfield set to invest $30 billion into chip factories in Arizona
Intel Corp and Brookfield Asset Management plan on investing $30 billion into chip manufacturing factories in Arizona, on the coattails of the $52.7 billion CHIPS and Science Act.
Pfizer and BioNTech COVID vaccine 73.2% effective in children under 5, according to new data
Pfizer Inc and BioNTech's COVID vaccine was approved for use in children under 5 years old in June, and new studies have shown the vaccine to be 73.2% effective within that age group.
UK economy sees output fall by 11%, steepest decline since 1709
The UK's economic output shrank by its largest percentage since 1709 in 2020, after the COVID-19 pandemic snuffed the nations economic growth.
Pfizer looks for US approval on updated COVID booster that targets omicron variant
Pfizer Inc and BioNTech announced on Monday that they are looking for the U.S. to approve their retooled COVID booster, which targets the omicron variant.
Novavax's COVID vaccine recommended by CDC for children aged 12 through 17
Novavax's protein-based Coronavirus vaccine has been recommended by the US CDC for adolescents aged 12-17 years old after receiving emergency use authorization for adults in June.
Global drought leads to investors pressuring companies to better manage their water use
An investment group managing nearly $10 trillion has announced last week that they will begin applying pressure on companies to better manage their water use amid a global drought.
'Humanitarian crisis' on the horizon for the UK as energy prices continue to soar
As energy prices in the United Kingdom continue to skyrocket, fears of a humanitarian crisis begin to escalate as winter creeps up and threatens to leave many in the cold.
Taiwan's July export growth slows, signaling a drop in global demand
Taiwan's export growth is seen slowing in July, which is an indicator that global demand is falling. Taiwan's exports are a key indicator of the global technology sector.
Canadian inflation expected to take longer than expected to return to target
Canada's central bank, the Bank of Canada, has raised its interest rates by 225 basis points (2.25%) in an effort to fight inflation in the country.
Carbon credits increased in Inflation Reduction Act, may boost ethanol industry
Bidens Inflation Reduction Act may give the ethanol industry a boost by dramatically increasing carbon tax credits for companies that capture and store carbon.
Sanofi takes another big hit as it halts work on breast cancer medication, amcenestrant
French healthcare company Sanofi has decided to halt work on its once praised breast cancer medication amcenestrant after a second failed clinical trial.
World Bank's IFC backs blockchain project for trading carbon offsets
World Bank's International Finance Corp is backing blockchain platform Chia Network, which allows users to trade carbon offsets, in hopes of shining light on eco-friendly projects.
P&G takes heat from environmentalists over Charmin and Bounty supply chain
Procter & Gamble Co has been receiving criticism from environmentalist groups for their use of wood pulp in their Charmin and Bounty products, instead of using recycled fibers.
Boeing and Northrop join White House-backed program to increase advanced manufacturing
Boeing and Northrop are joining a White House-backed compact to help increase the number of advanced manufacturing programs across the U.S.
UK supermarket Iceland Foods now offering shoppers small interest-free loans for groceries
As inflation continues to jack up grocery prices in the UK, supermarket Iceland Foods plans on offering customers small interest-free loans to struggling customers.
Walmart earnings call reveals baby formula supplies are growing following shortage
Walmart reported that baby formula supplies are growing during their quarterly earnings report on Tuesday, after a long baby formula shortage in the U.S.
Candy-flavored, China-made disposable vaporizers fill void left by JUUL
After the U.S.FDA prohibited JUUL from selling their sweet-flavored vaporizer pods in 2019, new disposable vapes with candy-like flavors have taken over the vape market.
Ikea set to liquidate Russian unit as occupation of Ukraine continues
Ikea has decided to liquidate its Russian unit, IKEA Dom, as a long list of other international companies cut ties with the country as it continues to occupy Ukraine.