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Latest News Stories

US & Canada · Delaware County

Pennsylvania family files lawsuit against TikTok after attorney says girl died trying social media challenge

47% Left coverage: 15 sources
10-year-old Nylah Anderson died in December while attempting a social media challenge. Her family is suing TikTok, claiming that she saw the challenge on the app. TikTok says the deadly challenge "long predates our platform and has never been a TikTok trend."See the Story
Business

Apple Reportedly Testing iPhones With USB-C Instead of Lightning Port

66% Center coverage: 6 sources
Apple is testing iPhones that use the industry-standard USB-C port, according to a new report. Since 2012, Apple's smartphones have used the company's proprietary Lightning connector. Consumers, reviewers, and even government regulators have called for Apple to drop Lightning in recent years.See the Story
Jeff Bezos · Washington

Bezos, Musk and other billionaires lose combined $1.4T in first half of 2022

34% Center coverage: 12 sources
Billionaires — including Mark Zuckerberg, Jeff Bezos and Elon Musk — took a financial hit in the first half of 2022, losing a total of $1.4 trillion, Bloomberg reported. Zuckerberg, whose total net worth is about $60 billion, according to the Bloomberg Billionaire Index, had begun the year with more than $100 billion, the news outlet noted. See the Story
Business

Chinese property developer Shimao misses repayment on $1 billion bond

57% Center coverage: 7 sources
Chinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday. Shimao cited "market uncertainties over debt refinancing" and "challenging operating and funding conditions" The developer has not received notice of acceleration of repayment from its lenders, it said.See the Story
Business

Expect a 'procession of recessions' across many of the world's major economies within the next year, Nomura says

67% Right coverage: 3 sources
Nomura: A number of major economies will enter a recession within the next 12 months. In addition to the US, economists believe the eurozone, UK, Japan, South Korea, Australia and Canada will face contraction. The odd one out is China, as the economy picks up again after lifted COVID-19 restrictions.See the Story
Business · Iran

Business Maverick: Iran slashes the cost of its oil to compete with Russia in China

34% Center coverage: 3 sources
Russian exports to China surged to a record in May, with the OPEC+ producer overtaking its cartel ally Saudi Arabia as the top supplier. Iran has cut its oil prices to remain competitive in the Chinese market, but it's still maintaining robust flows. West Africa has been one of the hardest hit, particularly supplies from Angola, Gabon and the Democratic Republic of Congo.See the Story
Business · Ukraine

Ukraine Loses Its Final Eastern Stronghold In Luhansk Region

Coverage: 2 sources
(Bloomberg) -- Ukrainian troops have withdrawn from the eastern Ukrainian city of Lysychansk, the last urban holdout under Kyiv’s control in the embattled Luhansk region as Vladimir Putin’s troops come closer to their goal of capturing the province.Continue Reading. Read more on Business News by BloombergQuint.See the Story
NATO

US ambassador urges China to stop spreading Russian ‘lies’

Coverage: 2 sources
Ambassador Nicholas Burns made the "request" in response to a question at a government-backed forum. Burns reiterated President Joe Biden’s call for Beijing to avoid helping Moscow carry out the war. China has said it doesn’t support the war and urged talks to end the fighting.See the Story

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