Two top executives which include previous CEO of the sports apparel company Under Armour received Well’s Notice that could possibly lead to civil charges over accounting practices years ago at a time of struggle with unimpressive sales. The Wells Notice The company has admitted on an 8K filing that the […]
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Poll: Americans are losing hope of returning to same jobs
A recent poll from Associated Press suggests that almost half of those who were unemployed during the crisis will remain unemployed. This is a downward turn from the optimist outlook by majority of those who were out of job last April. Dwindling optimism The latest survey conducted by The Associated […]
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Moderna CEO Acknowledges Funding From US
Moderna, one of the frontrunners in coronavirus vaccine development, acknowledged on Sunday the support of the US government in the company’s efforts of fast tracking the COVID-19 vaccine. According to the drug company’s CEO Stéphane Bancel, the government helped them in rapidly working on the vaccine, as they received federal […]
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Apple Begins Making iPhone 11 Units In India
In its efforts to move away from China, Apple has begun moving its plants to India. Through its partner Foxconn, Apple has started to assemble the iPhone 11 in a plant in Chenna. A source from Apple said that the company wants to ramp up local production in the country. […]
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Taiwan’s Economy is Expected to Increase
Taiwan’s economy is in good shape as they have managed to curb the virus, according to a research institution. Plus, it is expected to even improve further. Positive economy The Chung-Hua Institution for Economic Research projected a growth of 1.77 percent increase in Taiwan’s economy for 2020. They have increased […]
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Mcdonald’s Will Order Customers to Wear Masks Starting August 1
Popular fast food brand McDonald’s announced that they will be requiring their customers to wear masks on their US chains, which would take effect on August 1. The company is among the many nationwide retailers, like Starbucks, Target, and Walmart, to impose mask policies in their outlets and store premises. […]
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Study Suggests Cinnamon Can Slow Down Diabetes
Here’s some good news for cinnamon lovers. A new study said that cinnamon might help people control their blood sugar levels. Likewise, cinnamon can also slow down the progression from pre-diabetes to full-blown Type 2 diabetes. The study involves 51 people with high blood sugar levels. How Can Cinnamon Slow […]
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Proposed Rebranding of China Airlines Now Approved by Parliament of Taiwan
The largest air travel company in Taiwan is now in its flight for renaming. And this change in branding is rooted from avoiding confusion. The parliament of Taiwan had okayed on Wednesday the proposed effort of renaming China Airlines. During the parliament meeting, mentioned was the confusion of labels between […]
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Meredith Levien to be the Youngest Leader of The New York Times
On Wednesday, the publication New York Times named its newest leader. Mark Thompson, the current CEO of the newspaper since 2012, steps down and will be replaced on Spetemb er 8 by, Meredith Kopit Levien. She will be the youngest to preside the publication since it began more than a […]
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With Millions of US Covid-19 Cases, FDA Allows Emergency Pool Testing
In its rush to contain COVID-19, the Food and Drug Administration (FDA) has allowed emergency pool testing for the virus. With pool testing, scientists can analyze samples from many people at once. Companies can use up to 4 samples to test. Why Did the FDA Authorize Pool Testing? Currently, COVID-19 […]