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Newyork Gets $24 Million Federal Funding for electric grid
December 01, 2023 02:27 AM AEDT| By Team Kalkine MediaNew York has secured a substantial boost for its electric grid with $24 million in federal funding. This financial support aims to enhance and modernize the state's electrical infrastructure, ensuring a more resilient and sustainable energy system fo...
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Biden Harris Administration announces latest steps to support small businesses
November 23, 2023 02:37 AM AEDT| By Team Kalkine MediaThe US Department of the Treasury has announced $50 million to help underserved small businesses secure financing...

US and China work to stabilise relationship
November 17, 2023 07:00 PM AEDT| By Team Kalkine MediaChinese President Xi Jinping has touched down in the San Francisco Bay Area for his first visit to the U.S. in six years....

US court allows hair relaxer claims against L'Oreal and Revlon to proceed
November 14, 2023 07:00 PM AEDT| By Team Kalkine MediaA federal judge has given the green light for the majority of claims to proceed in a widespread legal battle alleging that chemical hair relaxer products manufactured by industry giants L'Oreal USA, Revlon, and others may be linked to cancer and othe...
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Livent starts Australian campaign for $10.6 billion Arcadium Lithium merger
November 13, 2023 11:27 PM AEDT| By Team Kalkine MediaU.S. lithium major Livent, is set to engage with Australian investors of Allkem, To discuss a significant $10.6 billion merger....
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APEC Economic Leaders meet in San Francisco
November 10, 2023 07:00 PM AEDT| By Team Kalkine MediaCanadian Prime Minister, Justin Trudeau, will travel to San Francisco, United States of America, from November 15 to 17, to participate in the Asia-Pacific Economic Cooperation Leaders’ Meeting. Canada’s prosperity is based on free and open trade and...

WeWork files for bankruptcy protections in the US
November 08, 2023 11:44 PM AEDT| By Team Kalkine MediaThe formerly high-flying startup, WeWork, which had garnered substantial backing from the SoftBank Group, has taken a dramatic turn of events by filing for bankruptcy protection in the United States. This marks a significant shift in its fortunes and...
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Statement from President Joe Biden on the October Jobs Report
November 07, 2023 02:06 AM AEDT| By Team Kalkine MediaToday's report highlights that the economic policies associated with President Biden, often referred to as "Bidenomics," are contributing to the growth of the economy by focusing on benefiting the middle class and those at the lower end of the income...

Ex-billionaire Sam Bankman-Fried convicted of fraud
November 03, 2023 08:25 PM AEDT| By Team Kalkine MediaIn a groundbreaking legal verdict, Sam Bankman-Fried, the founder of FTX, has been declared guilty in a Manhattan federal court for the substantial defrauding of customers from his cryptocurrency exchange, which has since gone bankrupt. This case has...

Marlboro maker slashes profit forecast as smokers move to cheaper brands
November 02, 2023 10:21 PM AEDT| By Team Kalkine MediaIn a surprising move, the Altria Group, known for its iconic Marlboro brand, has revised its annual profit forecast, citing a noteworthy shift in consumer preferences. This adjustment underscores the evolving landscape of consumer choices and highlig...

Honda & GM scrap $5b plan to take on Tesla
October 26, 2023 10:51 PM AEDT| By Team Kalkine MediaJust one year after Honda and General Motors announced they would work together to jointly develop cheaper electric vehicles, both companies have confirmed that the $5 billion plan has been scrapped....
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U.S. mortgage rates hit 23 year high
October 26, 2023 06:00 PM AEDT| By Team Kalkine MediaU.S mortgage rates have now reached the highest levels not seen in more than 23 years. Last week, the interest rate on the most popular US home loan surged to the highest rate since September 2000 at 7.9%....
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Pentagon announces US State Department's approval of potential missile sales to UK
October 24, 2023 06:00 PM AEDT| By Team Kalkine MediaIn a move that underscores the growing demand for weaponry among Ukraine's European allies, the U.S. State Department has given the green light to potential arms sales to three European nations....

Netflix soars despite Hollywood strikes
October 23, 2023 10:58 PM AEDT| By Team Kalkine MediaThe streaming behemoth Netflix has displayed remarkable resilience amid the Hollywood writers' strike, a feat that has enabled it to achieve a quarterly subscriber surge that surpasses its performance over the last three years. Explore the intriguing...

Nespresso and Peet's Coffee end trademark dispute over coffee pods
October 19, 2023 06:37 PM AEDT| By Team Kalkine MediaNespresso and coffee chain Peet's Coffee have informed a Manhattan federal court that they've reached an agreement to resolve a trademark lawsuit....

Microsoft reveals US request of $28.9 billion amid ongoing audit dispute
October 13, 2023 06:10 AM AEDT| By Team Kalkine MediaTech giant Microsoft reports it has been notified by the U.S. Internal Revenue Service about an additional tax payment of a staggering $28.9 billion....
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US Supreme Court rejects bid to alter media defamation protections
October 11, 2023 07:05 PM AEDT| By Team Kalkine MediaIn a pivotal decision, the U.S. Supreme Court has declined to review a defamation case with broad implications for public figures and the media. The case centered on Donald Blankenship, the former CEO of West Virginia's Massey Energy, who aimed to ch...

Google wins reprieve in Sonos patent battle
October 10, 2023 11:20 PM AEDT| By Team Kalkine MediaIn a significant legal development, a federal judge in California has invalidated a $32.5 million verdict that had been awarded to the wireless audio company Sonos in its legal dispute against the tech giant Google....

US President Biden announced additional $9 billion in student debt relief
October 05, 2023 06:05 PM AEDT| By Team Kalkine MediaPresident Biden is announcing that an additional 125,000 Americans have been approved for $9 billion in debt relief....
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Biden-Harris Administration takes steps to lower health care costs
October 04, 2023 08:09 PM AEDT| By Team Kalkine MediaThe Biden-Harris Administration took another major step towards lower health care costs for seniors and families and announced that all manufacturers of all ten drugs selected for negotiation have signed agreements to participate in the Inflation Red...