Baidu Bags Approval For Robotaxi Trials In Beijing As Rivals Retreat
Baidu, Inc (NASDAQ:BIDU) won the first license to test driverless vehicles on roads in Beijing. Baidu will add another 200 robotaxis…
Nightmare Almost Over? Southwest Expects Operations To Normalize By Dec. 30: Report
Many Americans were locked in place during the holidays.
Christmas holiday travel plans were largely halted as winter-storm Elliot — which later turned into a bomb cyclone — blew its high winds and icy snow at sub-zero temperatures across most of the continental U.S.
Gaotu Techedu, TAL Education And Other Chinese Edtech Shares Plunge As China Heightens Crackdown
China looked further to tighten supervision over its battered online education sector.
Amazon Scores Another Victory In Preventing Unionization Efforts At US Warehouse
Amazon.Com, Inc (NASDAQ: AMZN) warehouse in Moreno Valley, California, or ONT8, failed to garner enough proof of support for federal officials to call an election, to the disappointment of its thousands of workers.
FDA Developing Regulating Pathways For Cannabis-Derived Ingredients In Foods, Supplements; Oversight Plans Expected In Few Months
In 2018, when Congress legalized cannabinoids, the FDA was put in charge of regulating the related products.
India Eyes Interoperable Network To Thwart Oligopolistic Tendencies Of Influential E-commerce Platforms
India eyed a government-backed e-commerce initiative to challenge the dominance of the likes of Amazon.com Inc (NASDAQ:AMZN) and Walmart Inc (NYSE:WMT)-owned Flipkart in one…
Great News For Gaming Companies Eyeing China As It Relaxes Approval Of Imported Games
China’s online game regulator approved 45 foreign video game licenses, further easing regulatory curbs on the afflicted industry. The…
COVID-19 Cases Soar While Stocks Fly: How To Play China’s Reopening In The Market
As COVID-19 spreads through China, and the world’s second-largest economy is dealing with an overwhelming wave of new infections, shares of Chinese-based funeral and healthcare companies are going higher.
Google Ads For Cannabis: New Policy Change To Allow Advertising In These States
Alphabet Inc.’s (NASDAQ: GOOG) Google opted to kick off 2023 by lifting bans on cannabis advertising in certain parts of the U.S.
China To Open Borders, US Hit By Winter Storm, Tesla Cybertruck Production Rumor And More: 5 Key Stories You May Have Missed From The Weekend
The news flow over the holiday weekend was very light as investors take stock of a year that was ravaged by multiple headwinds. The market direction in the final trading week, some geopolitical developments and the look ahead for 2023 predominated the chatter over the weekend.
Here's a recap of a few major headlines that hit the wire over the weekend.