News

PepsiCo’s Strategic Move into Functional Beverages PepsiCo has announced the acquisition of Poppi, a fast-growing prebiotic soda brand, in a deal valued at $1.95 billion. This move strengthens PepsiCo’s position in the thriving functional beverage market. The transaction also includes anticipated cash benefits of $300 million, bringing the net p…

The U.S. stock market has taken a significant hit, losing $5 trillion in value over the last three weeks. The drop comes in response to rising inflation and the Trump administration’s proposed tariffs, leaving many Americans anxious about their investments. Despite the concerns, Trump’s Treasury Secretary Scott Bessent remains unfazed, calling the …

Mixed Outcomes Under New SEC Guidance The U.S. Securities and Exchange Commission (SEC) has introduced new guidance on Shareholder Proposal, but it does not ensure companies will be able to exclude proposals based on claims that they relate to ‘ordinary business operations.’ A preliminary analysis by Governance Intelligence, reviewing approximat…

A New Initiative to Curb Talent Migration A collective of European tech leaders has introduced a major initiative to counter the growing trend of startup talent migrating to the United States. The newly established effort, known as Project Europe, is a 10 million euro ($10.9 million) fund aimed at fostering innovation by supporting young entrepr…

Jackpot Increases After No Winner in Monday’s Drawing  The Powerball jackpot has surged to an impressive $353 million after no tickets matched all six numbers in Monday’s drawing. With no grand prize winner, the jackpot continues to grow, offering an estimated one-time cash payout of $165.7 million for the upcoming drawing on Wednesday. …

Stock Market Swings as Trade Policy Uncertainty Continues On Tuesday, the U.S. stock market faced another turbulent session as investors grappled with renewed concerns over trade policy uncertainty. Early in the day, all three major indexes suffered steep losses following an intensified stance from the administration on imposing additional tarif…

Government Takes Action to Stabilize Market In an unusual move, Japan's government initiated an auction on Monday to release its Japan Emergency Rice Reserves, aiming to curb the soaring prices of the staple food. Over the past year, rice prices have nearly doubled due to multiple factors, including supply chain disruptions and a series of extre…

Rising Demand for Elderly Care Solutions With a rapid increase in its aging population, Singapore is turning to AI for elderly care as a viable solution. By 2030, approximately a quarter of Singapore’s population will be 65 years or older, a significant rise from one in ten in 2010. With the growing demand for healthcare services, it is estimate…

Fain’s Stance on Tariffs and Trade Policies United Auto Workers (UAW) President Sean Fain recently expressed support for the current administration’s tariff policies, a position that may seem unusual given the union’s historical alignment with Democratic leaders. Speaking on a major news program, Fain emphasized the urgent need to address trade …

SSA Leadership Raises Concerns Over Outsider-Led Cuts The Social Security Administration (SSA) is undergoing significant changes following efforts led by the Department of Government Efficiency (DOGE), a newly established agency tasked with investigating government waste. Acting SSA Commissioner Leland Dudek has reportedly voiced concerns about …