Adidas is investigating allegations of embezzlement and bribery in China, according to news reports
Adidas has launched an investigation into allegations of โcompliance violationsโ in China after receiving an anonymous letter earlier this month accusing local executives of embezzling millions of euros.
Apple kills off its buy now, pay later service service barely a year after launch
Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna.
Fisker files for bankruptcy protection, the second electric vehicle maker to do so in the past year
Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology.
Post Malone and Doja Cat to headline Global Citizen Festival to mobilize young people
Post Malone and Doja Cat, two of pop musicโs biggest stars, will headline this yearโs Global Citizen Festival in New Yorkโs Central Park on Sept. 28, as organizers focus on mobilizing young people to help address the worldโs pressing problems.
India and US vow to boost defense, trade ties in first high-level US visit since Modi's election win
India and the U.S. have pledged to boost defense and technology cooperation and remove long-standing barriers to bilateral strategic trade, following a meeting between the national security advisers of both countries.
Judge rules that federal agency can't enforce abortion rule in Louisiana and Mississippi
A federal judge on Monday granted the U.S. Conference of Catholic Bishops, as well as employers in two Southern states, temporary relief from complying with a federal rule that would have required them to provide workers with time off and other accommodations for abortions.
The Washington Post's leaders are taking heat for journalism in Britain that wouldn't fly in the US
A trio of extraordinary stories are increasing the pressure on The Washington Post's new leadership, along with highlighting the differences in journalism practices in England and the United States.
Bankruptcy judge approves sale of Express Inc to group led by WHP Global
A U.S. bankruptcy judge has approved the sale of the majority of Express Inc.โs operations to a consortium led by brand acquisition and management firm WHP Global โ providing a lifeline to the struggling retailer and its hundreds of remaining stores.
Singapore says dredger that hit tanker reported sudden loss of control, oil spill cleanup ongoing
Singapore authorities say a dredger boat reported a sudden loss in engine and steering control before it hit a cargo tanker last week, causing the oil spill that has blackened part of the city-islandโs southern shores.
Chinese premier agrees with Australia to 'properly manage' differences
Chinese Premier Li Qiang says he has agreed with Australiaโs Prime Minister Anthony Albanese to properly manage their nationsโ differences as they emerge from a hostile era in which minister-to-minister contacts were banned and trade barriers cost Australian exporters up to $13 billion) a year.
Fight for control of Yemen's banks between rebels, government threatens to further wreck economy
Yemenโs Houthi rebels and its internationally recognized government are locked in a fight for control of the countryโs banks that experts warn is threatening to further wreck an economy already crippled by nearly a decade of war.
Chinese premier promises more pandas and urges Australia to put aside differences
Chinese Premier Li Qiangโs visit to Australia has focused on positive aspects of the bilateral relationship including shared giant pandas and a rebounding wine trade after he urged both countries to shelve their differences.
Italian Premier Meloni describes Putin's cease-fire offer for Ukraine as 'propaganda'
Italian Premier Giorgia Meloni has dismissed a cease-fire offer for Ukraine by Russian President Vladimir Putin as โpropagandaโ as she wraps up a Group of Seven summit that saw a deal reached for a $50 billion loan to Ukraine.
How Elon Musk's $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOs
Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the middle of their company pay scales, Elon Muskโs record-setting Tesla compensation dwarfs them by comparison.
Tesla driver tells police he was using 'self-drive' system when his car hit a parked police vehicle
A Tesla apparently operating on one of the companyโs automated driving systems crashed into a parked police vehicle Thursday near Los Angeles, narrowly missing an officer who was managing traffic at another crash.
AI startup Perplexity wants to upend search business. News outlet Forbes says it's ripping them off
The artificial intelligence startup Perplexity AI has raised tens of millions of dollars from the likes of Jeff Bezos and other prominent tech investors for its mission to rival Google in the business of searching for information.
Toxic garlic should have prompted EPA to warn against gardening near Ohio derailment, watchdog says
A watchdog group says the Environmental Protection Agency should conduct additional soil studies around the site of a toxic train derailment in Ohio after independent testing found high levels of chemicals in locally grown garlic.
Report says unsecured tanker hatch spilled out gas in crash that destroyed I-95 bridge in Philly
New details from federal investigations into the crash of a gasoline delivery truck that destroyed an I-95 bridge in Philadelphia a year ago says gasoline spilled out from an unsecured hatch on the top of the tanker.
Audit finds Minnesota agency's lax oversight fostered theft of $250M from federal food aid program
A watchdog report says a Minnesota state agencyโs inadequate oversight of a federal program that was meant to provide food to kids created the opportunities that led to the theft of $250 million in one of the countryโs largest pandemic aid fraud cases.
Supreme Court, siding with Starbucks, makes it harder for NLRB to win court orders in labor disputes
The Supreme Court has made it harder for the federal government to win court orders when it suspects a company of interfering in unionization campaigns in a case that stemmed from a labor dispute with Starbucks.
EU Commission asks 3 major porn sites to give details on kids' protection measures under digital law
The European Commission is asking three of the worldโs biggest pornography sites to provide details of the measures they have taken to better protect minors from accessing their content and prevent gender-based violence.
Future of Elon Musk and Tesla are on the line as shareholders vote on massive pay package
If Tesla shareholders approve an all-stock compensation package for CEO Elon Musk that was thrown out by a Delaware judge, it would almost guarantee he would remain at the company he grew to be the world leader in electric vehicles.
Milei's radical overhaul advances in Argentina's Senate as protesters clash with police
Argentinaโs Senate began whatโs likely to be an all-night voting marathon on the details of President Javier Mileiโs sweeping proposals to slash spending and boost his own powers after giving the plan overall approval in a narrow vote.
Senate confirms new energy regulators, extending Biden's grip on panel that backs renewable energy
President Joe Bidenโs grip on a key federal energy commission will last beyond his first term, giving a boost to the Democratโs push for renewable energy regardless of the election results in November.
Fired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon Musk
Eight former employees sued SpaceX and its CEO Elon Musk, alleging that Musk ordered them fired after they challenged what they called rampant sexual harassment, a hostile โAnimal Houseโ-style work environment at the company and Musk's role in creating that atmosphere.