Latest News
CCP spokesperson: 'All anti-epidemic measures come at a price, but it’s all worth it'
By Bob Martin | Jun 13, 2022
Foreign Ministry spokesperson of the People’s Republic of China Hua Chunying has said that China’s approach to mitigating COVID-19 has been working, but recent reports argue that the zero-COVID policy, as well as the country’s low birth rate, could be detrimental to the economic growth of the nation.
U.S.-Sino panel examines ensuring resilience of U.S. supply chain
By T.H. Lawrence | Jun 13, 2022
Ensuring the resilience of the U.S. supply chain dominated a detailed discussion during a U.S.-China Economic and Security Review Commission hearing Thursday.
Assistant defense secretary: Supply chain resiliency a 'top-of-mind' national priority
By Tom Lawrence | Jun 13, 2022
Deborah Rosenblum, the acting assistant secretary of defense for industrial base policy, told the U.S.-China Economic and Security Review Commission that safeguarding supply chains has become a national priority.
Chipotle Mexican Grill vice president: 'We're thrilled to introduce our first seasonal beverage'
By Karla Florez | Jun 13, 2022
Chipotle Mexican Grill is now serving its first seasonal beverage of the year in the U.S. and Canada, a press release reported.
JP Morgan analysts: 'We expect the increase in OPEC+ output to be about 160,000 barrels per day in July'
By Karla Florez | Jun 12, 2022
Oil prices recently reached a cost of $120 per barrel earlier this week, Reuters reported. In response to the increase of oil cost, Saudi Arabia has raised its price ranges for its flagship Arab light crude to Asia to $2.10 to $6.50.
VAH hires new chief technical officer to promote its global 'growth strategy'
By Karla Florez | Jun 12, 2022
VAH has appointed Dinnaga Padmaperuma as Chief Technical Officer of the company.
Krispy Kreme, Inc. CEO on new global president, COO: 'We have tremendous confidence in Josh’s capabilities'
By Karla Florez | Jun 12, 2022
Krispy Kreme, Inc. recently named Josh Charlesworth global president and COO of the company, a press release reported.
Juvenis CEO: 'We are pleased to execute a partnership with ChromaDex for the South Korean market'
By Karla Florez | Jun 11, 2022
ChromaDex Corp. has secured a partnership with Juvenis to launch cross-border sales in Tru Niagen, based in South Korea, a press release reported.
Reports: 'JetBlue is aiming to lure Spirit’s board into talks over the new proposal'
By Karla Florez | Jun 11, 2022
JetBlue Airways Corp. has enhanced its offer to acquire Spirit Airlines, hoping the enhancements will vote out the airline’s pending buyout agreement with Frontier Group Holdings Inc., Reuters reported.
Frontier offers $250 million reverse breakup fee to block Spirit merger under promise to provide ‘more regulatory protection’ than JetBlue
By Karla Florez | Jun 11, 2022
Frontier Airline’s parent company confirmed plans to pay a $250 million reverse breakup fee to Spirit Airlines to keep regulators from approving the planned merger between the airline and JetBlue Airways, CNBC reported.
Reuters report on Venezuelan oil: 'Washington's greenlight to resume Venezuela's long-frozen oil flows to Europe could provide a symbolic boost'
By Karla Florez | Jun 10, 2022
The U.S. State Department has allowed Italian oil company Eni SpA and Spain's Repsol SA to begin shipping Venezuelan oil to Europe to make up for Russian crude. The decision was confirmed by five unnamed sources said to be familiar with the subject, Reuters reported.
'Bye-bye, COVID-19? Not so fast': Shanghai under COVID-19 lockdown again with mass testing to follow
By Andy Nghiem | Jun 10, 2022
A former U.S. ambassador recently reacted to news that Shanghai is under lockdown again with millions of residents undergoing COVID-19 testing.
U.S.-China panel: America can overcome China's challenge, hearing comes at 'pivotal moment'
By T.H. Lawrence | Jun 10, 2022
China poses a major challenge to the United States, but it is one that can be met and overcome, according the the sentiments voiced during a U.S.-China Economic and Security Review Commission hearing Thursday.
ASGN president: 'We look forward to welcoming GlideFast to ASGN'
By Karla Florez | Jun 10, 2022
ASGN Incorporated has signed a definitive agreement to acquire ServiceNow Partner, GlideFast Consulting LLC, a press release reported.
AHF chief: 'The humanitarian aid that AHF Brazil is now providing will be a real lifeline for many'
By Karla Florez | Jun 10, 2022
AHF recently confirmed plans to deploy humanitarian supplies to three clinics in Pernambuco, Brazil and five in Recife, in response to the natural disasters the country has recently endured, a press release reported.
Center for Strategic & International Studies spotlights 'severe challenges' China faces with economy, education
By T.H. Lawrence | Jun 9, 2022
A Center for Strategic & International Studies presentation, “How Inequality Is Undermining China’s Prosperity,” recently focused on trends in China’s labor market, educational attainment, automation and rural employment.
Velasco: 'We welcome Appian and applaud its decision to establish its first product development team outside the U.S.'
By Karla Florez | Jun 9, 2022
Appian has established a new technology innovation center in Seville, Spain to fulfill the accelerated demand for its low-code platform in Europe, a press release reported.
U.S. Global Investors: Returns of lockdowns in China 'a red flag for the global economy'
By David Beasley | Jun 9, 2022
Almost as soon as COVID-19 lockdowns were lifted in China June 1, they are already coming back.
Thomas-Greenfield: 'We are prepared to give (companies) comfort letters if that will help to encourage them' to get grain out of Russia
By Karla Florez | Jun 9, 2022
U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, has confirmed plans to grant “comfort letters” to shipping and insurance companies in an effort to help facilitate exports of Russian grain and fertilizers, Reuters reported.
Ramirez: 'We negotiated better wages, pensions and benefits without sacrificing the security of our jobs or our union'
By Karla Florez | Jun 9, 2022
The United Steelworkers have ratified its five-year agreement with Ardagh Metal Packaging, according to a press release.