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Black Lives Matter banner removed from U.S. embassy in Seoul after it displeased Trump and Pompeo

Black Lives Matter banner removed from U.S. embassy in Seoul after it displeased Trump and Pompeo

·June 15, 2020, 2:16 PM UTCA large “Black Lives Matter” banner draped on the front of the U.S. embassy in Seoul was removed on Monday after it was brought to the attention of President Donald Trump and Secretary of State Michael Pompeo, according to people familiar with the matter.Pompeo and Trump were both displeased about the banner, the people said. A large, multicolored “pride” banner recognizing lesbian, gay, bisexual, transgender and queer people was also removed on Monday. They were replaced with a banner commemorating the 70th anniversary of the Korean War.The embassy unfurled the...

June 15, 2020
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Ex-eBay executives are charged with lurid stalking campaign

Ex-eBay executives are charged with lurid stalking campaign

·June 15, 2020, 6:49 PM UTCTwo former top eBay security executives and four other ex-employees face federal conspiracy charges of stalking the staff of an e-commerce newsletter by sending them live cockroaches and a funeral wreath.Federal prosecutors claim James Baugh and David Harville led the elaborate harassment campaign, which also included trying to place a GPS tracker on a vehicle belonging to the married couple who own the small newsletter and sending them a bloody pig Halloween mask, according to the FBI.“We are going to crush this lady,” one executive texted another, according...

June 15, 2020
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'We see no point in wearing a face mask,' Sweden's top virus expert says as he touts the country's improving COVID numbers

'We see no point in wearing a face mask,' Sweden's top virus expert says as he touts the country's improving COVID numbers

·July 29, 2020, 9:41 AM UTC, a daily roundup of stories on the coronavirus pandemic and its impact on global business, delivered free to your inbox.As other countries face renewed outbreaks, Sweden’s latest Covid-19 figures suggest it’s rapidly bringing the virus under control.“That Sweden has come down to these levels is very promising,” state epidemiologist Anders Tegnell told reporters in Stockholm on Tuesday.The Health Agency of Sweden says that since hitting a peak in late June, the infection rate has fallen sharply. That’s amid an increase in testing over the period. “The curves are...

July 29, 2020
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Tiktok considers corporate structure changes in an effort to distance itself from China

Tiktok considers corporate structure changes in an effort to distance itself from China

·July 9, 2020, 4:28 PM UTCBytedance Ltd. said it’s evaluating changes to the corporate structure of its TikTok business as U.S. concerns grow over the parent company’s Chinese origins.Executives are discussing options such as creating a new management board for TikTok and establishing a separate headquarters for the app outside of China to distance its operations from Beijing, according to a person familiar with the discussions.Short-video and music app TikTok currently doesn’t have its own headquarters separate from Bytedance, which was founded in China and is incorporated in the Cayman...

July 9, 2020
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U.S. government secures 100 million doses of Pfizer, BioNTech vaccine for $2 billion

U.S. government secures 100 million doses of Pfizer, BioNTech vaccine for $2 billion

·July 22, 2020, 12:39 PM UTCU.S. health officials agreed pay $1.95 billion for 100 million doses of a vaccine made by Inc. and BioNTech SE, the latest step in an effort to fight the coronavirus pandemic.The companies will receive payment upon the receipt of the doses, following regulatory authorization or approval, according to a statement. The government also can acquire up to an additional 500 million doses.Nations around the world have begun ordering vaccines that are still being tested as part of their efforts to try to blunt the impact of the pandemic that’s roiled economies...

July 22, 2020
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Global giants Microsoft, Nike and Unilever announce carbon-neutral group

Global giants Microsoft, Nike and Unilever announce carbon-neutral group

Listen In EnglishListen in ArabicBeta V.1.0 - Powered by automated translationMicrosoft, Nike, Starbucks, Unilever and Danone are teaming up in a new consortium devoted to sharing resources and tactics for slashing carbon emissions, bringing together the efforts of some of the biggest global companies that have pledged to take action against climate change.The group, called Transform to Net Zero, also includes car maker Mercedes-Benz; Danish shipping giant AP Moller-Maersk; Indian information technology firm Wipro; and Natura, the Brazilian cosmetics...

July 21, 2020
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Shake Shack, Potbelly: Companies with revenue over $100M are tapping small business relief loans

Shake Shack, Potbelly: Companies with revenue over $100M are tapping small business relief loans

·April 20, 2020, 3:30 AM UTCMore than a dozen publicly traded companies with revenue of more than $100 million, including Shake Shack Inc., Potbelly Corp. and a Tex-Mex restaurant chain with more than 10,000 employees, received loans through a massive relief program aimed at small businesses.With a $349 billion lending package for small business owners now , a review of regulatory filings shows that restaurant chains and companies in industries ranging from mining to manufacturing to cruise travel received large amounts, while much smaller businesses like neighborhood eateries and hair...

April 20, 2020
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Mystery of Kim Jong Un’s health continues to grow

Mystery of Kim Jong Un’s health continues to grow

·April 27, 2020, 1:30 AM UTCSpeculation about Kim Jong Un’s health intensified over the weekend after tantalizing — yet unverified — reports about a visit by a Chinese medical team and movements of the North Korean leader’s armored train.China sent a team including doctors and senior diplomats to advise its neighbor and longtime ally, Reuters  on Saturday, citing three people familiar with the matter. Meanwhile, a train resembling one long used by North Korean rulers was parked last week near a coastal leadership compound in Wonsan, according to an analysis of satellite...

April 27, 2020
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New study casts more doubt on true scale of China's coronavirus outbreak

New study casts more doubt on true scale of China's coronavirus outbreak

·April 24, 2020, 8:15 AM UTCCoronavirus cases in China may have been four times higher than officially reported numbers, according to a  published in the Lancet medical journal.Infections would have been 232,000 in China as of Feb. 20 if the calculation of cases confirmed by “clinical diagnosis” had been applied throughout the outbreak, the Lancet reported. That compares to the 55,508 cases announced at the time by the country’s National Health Commission, according to the report.Measurement of infections can change significantly as a virus spreads, more information becomes...

April 24, 2020
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BAE explores using fighter-jet technologies for new space gear

BAE explores using fighter-jet technologies for new space gear

London: BAE Systems is exploring ways to use defense technologies such as jet-pilot helmets for applications in space, as the UK defense contractor sharpens its focus on commercial opportunities in the burgeoning market. A potential astronaut helmet would build on the core technology used in jet-fighter headgear the company currently makes, said Nigel Kidd, product director for head-mounted displays at the London-based company. Space is becoming more of a priority for defense companies as security threats around the world swell. BAE this month agreed to buy Ball Aerospace for $5.6 billion...

August 31, 2023
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