China e-cigarette titan behind ‘Elf Bar’ floods the U.S. with illegal vapes
A new breed of e-cigarette has addicted teenagers and confounded regulators worldwide by offering flavors like Pink Lemonade in a cheap, disposable package.
Taylor Swift tops Time’s (and seemingly everyone else’s) person of the year list
“This is the proudest and happiest I’ve ever felt, and the most creatively fulfilled and free I’ve ever been,” Swift told Time, which announced its cover Wednesday.
U.S. crude oil falls below $70 a barrel, closing at the lowest level since June
U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting the lowest point this year ahead of the holiday shopping and travel season.
Israel exchange says no abnormal trading ahead of Oct. 7 attack, calls short seller report ‘flawed’
The authors, Joshua Mitts, professor at Columbia Law School, and Robert Jackson, professor at New York University, said they found “troubling trading patterns” that warrant investigation.
Governments are spying on Apple and Google users through phone notifications, U.S. senator says
U.S. Sen. Ron Wyden warned that foreign governments are spying on smartphone users by compelling Apple and Google to turn over push notification records
Google launches its largest and ‘most capable’ AI model, Gemini
The company is planning to license Gemini to customers through Google Cloud for them to use in their own applications.
McDonald’s aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027
After 2024, McDonald’s is targeting systemwide sales growth of 2.5% in constant currency.
Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy
The Bank of England warned on Wednesday warned that although household finances are faring better than expected, higher borrowing costs have yet to feed through to the economy.
TikTok parent ByteDance offers share buyback valuing the Chinese giant at $268 billion
TikTok parent ByteDance plans to spend up to $5 billion buying back stock, a person familiar with the matter told CNBC.
International airline group expects a banner year for travel in 2024
Airlines expect record traveler numbers and revenues in 2024 but will continue to be constrained by the high cost of capital and limited capacity, IATA said.
