Jonathan Wong
The Latest
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U.S. Steel Sale to Nippon Steel Faces Antitrust Scrutiny and Political Opposition
The proposed $14.1 billion sale of U.S. Steel to its Japanese rival Nippon Steel has encountered a new hurdle as the Justice Department scrutinizes the deal over potential antitrust concerns. 
The proposed $14.1 billion sale of U.S. Steel to its Japanese rival Nippon Steel has encountered a new hurdle as the Justice Department scrutinizes the deal over potential antitrust concerns. -
Uber and Lyft Threaten Minneapolis Departure in Minimum Wage Law Standoff
Uber and Lyft have announced plans to suspend their services in Minneapolis, marking a significant clash between the ride-hailing giants and city leadership. 
Uber and Lyft have announced plans to suspend their services in Minneapolis, marking a significant clash between the ride-hailing giants and city leadership. -
Mega Millions Jackpot Soars to $875 Million with No Winners in Latest Draw
The Mega Millions jackpot has surged to an eye-watering $875 million, making it one of the largest in the history of the game, after no players managed to clinch the grand prize in Friday's draw. The anticipation continues to build, with hopeful participants setting their sights on the next drawing, slated for Tuesday. 
The Mega Millions jackpot has surged to an eye-watering $875 million, making it one of the largest in the history of the game, after no players managed to clinch the grand prize in Friday's draw. The anticipation continues to build, with hopeful participants setting their sights on the next drawing, slated for Tuesday. -
Reddit Discloses FTC Investigation into AI Data Deals Ahead of Anticipated IPO
Reddit, the popular social media platform, disclosed on Friday that it had received a letter from the Federal Trade Commission (FTC) regarding a non-public inquiry into the company's data-licensing practices related to the training of artificial intelligence systems. 
Reddit, the popular social media platform, disclosed on Friday that it had received a letter from the Federal Trade Commission (FTC) regarding a non-public inquiry into the company's data-licensing practices related to the training of artificial intelligence systems. -
Hertz Announces CEO Transition in Bid to Revitalize After EV Setback
Hertz Global Holdings Inc. is set to welcome a new chief executive officer as the car rental giant seeks to navigate a challenging period marked by a recalibration of its electric vehicle (EV) strategy. 
Hertz Global Holdings Inc. is set to welcome a new chief executive officer as the car rental giant seeks to navigate a challenging period marked by a recalibration of its electric vehicle (EV) strategy. -
Prosecutors Seek 40-50 Years for Sam Bankman-Fried in FTX Fraud Case
Prosecutors have recommended a prison sentence of 40 to 50 years for Sam Bankman-Fried, the 32-year-old founder of the now-defunct FTX cryptocurrency exchange, after his conviction on charges of defrauding investors of $8 billion. 
Prosecutors have recommended a prison sentence of 40 to 50 years for Sam Bankman-Fried, the 32-year-old founder of the now-defunct FTX cryptocurrency exchange, after his conviction on charges of defrauding investors of $8 billion. -
Honda and Nissan Forge Partnership to Accelerate Electric Vehicle Development to Chase Chinese Rivals
Honda Motor Co. and Nissan Motor Co. announced a collaborative effort to advance electric vehicle (EV) and intelligent technology development. This historic partnership marks a departure from the traditional rivalry between Japan's second and third-largest automakers, as they join forces to navigate the rapidly evolving EV sector. 
Honda Motor Co. and Nissan Motor Co. announced a collaborative effort to advance electric vehicle (EV) and intelligent technology development. This historic partnership marks a departure from the traditional rivalry between Japan's second and third-largest automakers, as they join forces to navigate the rapidly evolving EV sector. -
Apple to Pay $490 Million in Settlement Over Tim Cook's Misleading China Sales Comments
Apple has consented to a $490 million settlement to resolve allegations that CEO Tim Cook misled investors regarding the demand for iPhones in China. 
Apple has consented to a $490 million settlement to resolve allegations that CEO Tim Cook misled investors regarding the demand for iPhones in China. -
McDonald's Faces Worldwide Store Closures and Order Disruptions Due to IT Outage
McDonald's, the global fast-food giant, experienced a significant system failure that led to the closure of stores and disruption of online and app orders worldwide. The IT outage, which impacted outlets in countries including the United States, Australia, Japan, Hong Kong, and the United Kingdom, sent ripples of inconvenience across the McDonald's customer base and raised questions about the resilience of the company's technological infrastructure. 
McDonald's, the global fast-food giant, experienced a significant system failure that led to the closure of stores and disruption of online and app orders worldwide. The IT outage, which impacted outlets in countries including the United States, Australia, Japan, Hong Kong, and the United Kingdom, sent ripples of inconvenience across the McDonald's customer base and raised questions about the resilience of the company's technological infrastructure. -
Adobe's Stock Dips Despite Solid Q1 Earnings Amid Future Revenue Concerns
Adobe Inc. witnessed a significant slump in its stock value, dropping by approximately 10% in after-hours trading, despite posting robust fiscal first-quarter results. This downturn was primarily attributed to the company's forecast for the upcoming quarter, which did not meet the market's lofty expectations. 
Adobe Inc. witnessed a significant slump in its stock value, dropping by approximately 10% in after-hours trading, despite posting robust fiscal first-quarter results. This downturn was primarily attributed to the company's forecast for the upcoming quarter, which did not meet the market's lofty expectations.
