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Class-action price-fixing lawsuit targets hard drive component makers as costs skyrocket — 13-year scheme allegedly drove up prices for major HDD brands

Class-action price-fixing lawsuit targets hard drive component makers as costs skyrocket — 13-year scheme allegedly drove up prices for major HDD brands

A U.S. class-action lawsuit accuses major manufacturers of suspension assemblies of price-fixing, potentially impacting HDD prices and consumer compensation.
Global infrastructure funding doubles over 5 years, led by Japanese banks

Global infrastructure funding doubles over 5 years, led by Japanese banks

Worldwide infrastructure project financing has doubled over five years, with Japanese banks, especially MUFG, at the forefront, driven by supply chain diversification and geopolitical risks.
Department of Commerce Announces Letters of Intent With 9 Companies for $2 Billion to Accelerate U.S. Leadership in Quantum Computing

Department of Commerce Announces Letters of Intent With 9 Companies for $2 Billion to Accelerate U.S. Leadership in Quantum Computing

The Department of Commerce announced letters of intent with nine companies for $2.013 billion in federal incentives to boost U.S. quantum technology manufacturing and research.
Japanese stocks hit record high on hopes for Iran resolution

Japanese stocks hit record high on hopes for Iran resolution

Japanese stocks hit an all-time high on May 22, 2026, amid rising optimism for a potential Iran peace deal and US diplomatic progress.
The Death of Entry-Level Jobs: 43% of CEOs plan to slash junior roles over the next two years, shifting hiring to older, mid-level workers as Al takes over routine tasks, creating a catastrophic bottleneck for the future workforce.

The Death of Entry-Level Jobs: 43% of CEOs plan to slash junior roles over the next two years, shifting hiring to older, mid-level workers as Al takes over routine tasks, creating a catastrophic bottleneck for the future workforce.

A new survey reveals 43% of CEOs intend to reduce junior roles over the next two years, reflecting AI-driven workforce restructuring and its impact on young workers.
US-China trade talks back in focus at APEC meeting

US-China trade talks back in focus at APEC meeting

Trade ministers from the US and China meet in Suzhou during APEC to discuss easing tensions amid recent high-level engagements, with key details still emerging.
Worker confidence hits record low as AI threatens jobs, global report finds

Worker confidence hits record low as AI threatens jobs, global report finds

A new global report shows worker confidence is at a record low as fears of AI replacing jobs grow across industries worldwide.
Spotify will start reserving concert tickets for fans

Spotify will start reserving concert tickets for fans

Spotify announced a new feature called ‘Reserved’ that will set aside concert tickets for its most dedicated fans, starting in the U.S. this summer.
Goodbye Visa and Mastercard: 130 million Europeans switch to a 100% sovereign payment from 2026

Goodbye Visa and Mastercard: 130 million Europeans switch to a 100% sovereign payment from 2026

Europe launches a new independent payment infrastructure, replacing Visa and Mastercard for 130 million users across 13 countries, starting in 2026.
Uv is fantastic, but its package management UX is a mess

Uv is fantastic, but its package management UX is a mess

Uv is praised for its speed and Python handling but criticized for poor package management UX, including unsafe defaults and clunky commands.