Oslo, April 1, 2025 – Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund with assets exceeding $1.8 trillion, is facing mounting pressure to lift its decades-old ban on investing in weapons manufacturers, a move that could reshape its ethical framework and bolster the defense industry. The push, led by opposition parties…
As inflation continues to soar, consumer food businesses across the country are grappling with unprecedented cost increases and supply chain disruptions. In a growing number of industries, businesses are finding themselves “nowhere to absorb it,” unable to offset the rising prices of raw materials, labor, and logistics without passing them on to consumers. According to…
Social Security Overhaul: Customer Service Delays and Benefit Payment Concerns Loom The Social Security Administration (SSA) is undergoing significant operational changes that could lead to longer wait times, reduced in-person services, and potential delays in benefit payments for millions of Americans. With rising workloads, budget constraints, and a shift toward digital services, advocates warn that…
DOJ to Seek Death Penalty for Luigi Mangione in High-Profile CEO Murder Case New York, April 1, 2025 – The U.S. Department of Justice (DOJ) announced today that it will seek the death penalty against Luigi Mangione, the 26-year-old accused of assassinating UnitedHealthcare CEO Brian Thompson outside a Manhattan hotel on December 4, 2024. Attorney…
Airline Stocks Slide as Concerns Grow Over Consumer Travel Appetite New York, April 1, 2025 – Airline stocks took a nosedive on Tuesday as Wall Street grappled with mounting fears of weakening consumer travel demand, casting a shadow over a sector that had been riding high just months ago. The sell-off, triggered by a cocktail…
TikTok Creators, Partners Remain Optimistic Ahead of App’s Second Ban Deadline New York, April 1, 2025 – As TikTok approaches its latest ban deadline on April 5, 2025, creators and business partners are displaying a cautious optimism about the app’s future in the United States. Facing a national security law that mandates its Chinese parent…
Tesla Stock Plunges 36% in First Quarter of 2025, Marking Worst Performance Since 2022 San Francisco, March 31, 2025 – Tesla, Inc. (TSLA) has closed out the first quarter of 2025 with a staggering 36% drop in its stock price, its steepest quarterly decline since the final three months of 2022 and the third-worst in…
EU Proposes “Reciprocal Duties” Against “Dirty 15” Countries in Trade Clampdown Brussels, Belgium – The European Union is set to impose retaliatory tariffs on 15 countries accused of unfair trade practices, branding them the “Dirty 15” in an aggressive move to level the playing field for European businesses. The proposed “reciprocal duties” would mirror the…
Tech Company Takes on Rivals OpenAI, Anthropic in the Race for AI Supremacy April 1, 2025 – In an increasingly competitive race to dominate the AI landscape, a rising tech company has set its sights on challenging industry giants OpenAI and Anthropic. The company, whose name has yet to be publicly revealed, is making bold…
FBI Searches Homes of Indiana University Professor in Cryptography Mystery Bloomington, IN, March 31, 2025 – The Federal Bureau of Investigation (FBI) conducted searches at two residences linked to Xiaofeng Wang, a prominent Indiana University (IU) professor and cryptography expert, on Friday, leaving the academic and cybersecurity communities grappling with questions. The raids, which took…