Trump Administration Audits Somali-American Citizenship Cases for Possible Fraud

The Trump administration has launched audits of immigration cases involving U.S. citizens of Somali origin to identify potential fraud that could lead to denaturalization, officials said on Tuesday. Homeland Security Assistant Secretary Tricia McLaughlin stated that U.S. law allows revocation of citizenship if it was obtained fraudulently, noting that such cases are rare and typically take years to resolve. According to the Immigrant Legal Resource Center, an average of about 11 denaturalization cases were pursued annually between 1990...

Meta and Snap Face US Trial Over Social Media Addiction Claims

Two teenage plaintiffs will take Meta Platforms and Snap to trial in Los Angeles on Wednesday, October 28, in a significant legal test over allegations that social media platforms contribute to mental health problems...

US Bans Imports from Three Chinese Genomics Companies over Forced Labour Allegations

The United States on Wednesday banned imports from three Chinese genomics companies over allegations that they worked with the Chinese government in Xinjiang to facilitate the forced labour of Uyghurs and other ethnic minorities....

SK Hynix Profit Surges Sevenfold, Announces $75 Billion Shareholder Return

South Korean chipmaker SK Hynix announced plans to return approximately $75 billion to shareholders this year after reporting a more than sevenfold increase in quarterly operating profit, driven by surging demand for artificial intelligence...

Trian Fund Offers to Take Wendy’s Private in $1.4 Billion Deal

Nelson Peltz’s Trian Fund Management has offered to acquire Wendy’s and take the US burger chain private in a deal valuing the company at approximately $1.4 billion, according to a regulatory filing on Wednesday....

US Judge Grants Alibaba Relief in Pentagon Contract Dispute

A US federal judge on Monday granted Alibaba Group Holding a preliminary injunction preventing the US government from denying Pentagon contracts to companies because they or their parent companies or subsidiaries work with firms...

Noyb Files Complaints Against Scale AI Over Alleged Worker Surveillance

European digital privacy advocacy group Noyb has filed five complaints against Scale AI in France, Italy, the Netherlands and Austria, alleging that its freelance work platform, Outlier, illegally monitors workers who generate training data...

Great Wall Motor to Begin SUV Production in Bulgaria in 2027

China’s Great Wall Motor (GWM) will begin manufacturing its Ora 5 compact SUV in Bulgaria in the first quarter of 2027 under an agreement with a local partner. The facility, with a planned annual...

Coca-Cola Raises 2026 Profit Forecast on Strong Global Demand

Coca-Cola on Tuesday raised its annual profit forecast, supported by strong demand for its beverages in markets such as India, China, Mexico and Brazil. Global unit case volumes increased around 5% in the third...

Advent Raises $30 Billion Across Latest Private Equity Funds

Global private equity firm Advent International has raised $30 billion across its latest fund complex, securing capital for its flagship buyout fund and a new mid-market investment strategy. Announced on Tuesday, the fundraising highlights...

T-Mobile Introduces Customisable Wireless Plans With Streaming and Lifestyle Perks

T-Mobile on Monday unveiled new wireless plans that allow customers to choose and swap benefits such as Netflix, DoorDash and music subscriptions, moving away from its traditional approach of bundling perks into fixed plan...