Business News

Business

Elon Musk and SpaceX Under Federal Scrutiny Over Security Concerns

Elon Musk and SpaceX face federal reviews over compliance with national security reporting rules. Agencies involved include the Air Force, Defense Department's inspector general, a...

Business

Bangkok Air Traffic Sees Uptick, Yet Remains Below Pre-Pandemic Levels

Despite visa-free entry, Bangkok's air traffic remains below pre-pandemic levels. New flights from various airlines indicate growing interest, but volumes are still lower compared ...

Business

Aurobindo Pharma's Hyderabad API Unit Faces USFDA Inspection with Two Observations

Aurobindo Pharma reports that the USFDA inspected its subsidiary Apitoria Pharma's API manufacturing facility in Hyderabad with two procedural observations, to be addressed within ...

Business

Honda and Nissan to Explore Merger Amidst EV Competition

Honda and Nissan are reportedly planning to initiate merger talks to adapt to the changing automotive industry and compete against EV manufacturers like Tesla and BYD.

Business

CrowdStrike Moves to Dismiss Delta's Case: A Clash Over Cybersecurity Liability

CrowdStrike seeks to dismiss Delta Air Lines' case, citing contractual clauses and Georgia's economic loss rule. Delta had previously threatened to seek compensation for losses due...

Business

MicroStrategy's Nasdaq-100 Inclusion Sparks Massive Retail Interest

Retail investors poured nearly $11 million into MicroStrategy's shares after its Nasdaq-100 inclusion, highlighting its growing popularity among individual investors and its role a...

Business

Italian Authorities Conduct Raids on Amazon and Courier Companies in Tax and Labor Fraud Investigation

Italian tax police searched nine courier companies in a probe into alleged false invoices benefiting Amazon, SDA, and GLS. Turin prosecutors are investigating tax fraud and illegal...

Business

Honda and Nissan Enter Merger Talks to Compete in the Global EV Market

Honda Motor and Nissan Motor are entering merger talks to operate under a single holding company, aiming to better compete against global electric vehicle makers. They also conside...