SEOUL/DETROIT (Reuters) – After grabbing the No. 2 spot in the U.S. electric vehicle market with stylish, long-range models, Hyundai Motor and Kia are the automakers with the most to lose from new rules that halt subsidies for EVs made outside North America.FILE PHOTO: Hyundai Ioniq 6 concept car is seen during a presentation ahead of the Munich Motor Show […]

The CEO of Peloton Interactive Inc. (NASDAQ: PTON) seems to think he has a handle on the exercise bike maker’s deep problems. That really isn’t so. Revenue collapsed 28% in the most recently reported quarter to $679 million. The company lost over $1.1 billion. Investors reasonably asked whether the company is in a liquidity crisis. And the problems have just […]

Hospira, Inc., a Pfizer co., is recalling one lot of Propofol Injectable Emulsion (containing benzyl alcohol), due to the potential presence of visible particulates, the U.S. Food and Drug Administration said. The recall involves Propofol Injectable Emulsion100mL Single Patient Use Glass Fliptop Vial with lot EA7470, to the user level. The NDC is Vial: 0409-4699-54, Tray: 0409-4699-24, and expiration date […]

Eugenio Derbez will be undergoing complicated surgery following a recent accident. Details regarding the accident are unknown at this time. According to his wife Alessandra Rosado, Derbez “is fine” but the “injuries he sustained are delicate and will require that he undergo complicated surgery in the coming hours.” Her note, written in Spanish and posted via Instagram on Monday night, […]

British drug major AstraZeneca Plc. (AZN.L,AZN) announced Tuesday that its Evusheld (tixagevimab and cilgavimab, formerly AZD7442), a long-acting antibody combination, has been approved in Japan for both prevention (pre-exposure prophylaxis) and treatment of symptomatic disease caused by SARS-CoV-2 infection. The decision marks the first global marketing approval for Evusheld as a treatment for COVID-19. Japan’s Ministry of Health, Labour and […]

The United Nations human rights wing has warned that Russia and affiliated groups could be planning trials for Ukrainian prisoners of war. “We are concerned by reports that the Russian Federation and affiliated armed groups in Donetsk are planning – possibly in the coming days – to try Ukrainian prisoners of war in what is being labelled an ‘international tribunal’ […]

Meta Platforms Inc, the parent company of WhatsApp, will partner with Reliance JioMart for a service where WhatsApp users can buy groceries on the messaging platform from the Indian retail firm. Mark Zuckerberg, chief executive officer (CEO) of Meta Platforms, said in a Facebook post, “[I am] Excited to launch our partnership with JioMart in India. “This is our first-ever […]

Results from the 2020 census reveal some notable changes to the U.S. population over the last decade.  The U.S. population grew by about 7% from 2010 to 2020, or by about 20 million people. Over the same period, over 80% of U.S. metro areas reported population growth, as did many of America’s most populous cities. Dallas, Houston, Phoenix, and San […]

Tesla CEO Elon Musk, who is tangled in a legal battle with his efforts to buy Twitter, has subpoenaed Twitter co-founder and former CEO Jack Dorsey to collect documents regarding the buyout deal. Dorsey, who stepped down from the CEO role last year and left the board in May this year, had announced his support for Musk’s $44 billion acquisition […]