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US Invests $2B in Quantum Computing, IBM Among Key Beneficiaries, June 14
U.S. government invests $2 billion in quantum computing firms including IBM, taking ownership stakes to advance strategic technology.
Alfredo Sauce Recalled in 41 States Over Salmonella, June 13
Coffee Connexion Co. recalls 913 cases of Alfredo sauce across 41 states due to salmonella contamination. FDA issued Class I designation on June 4.
Hong Kong Humidity Surge Drives Dehumidifier Sales in June 2026
Hong Kong’s high humidity drives dehumidifier purchases. Experts warn of health risks from excess moisture and recommend proper equipment selection.
SpaceX IPO Soars 19% to $161; Leveraged ETF Launch Delayed to Monday, June 13
SpaceX stock surges 19% to $161 on IPO debut Friday. Leveraged ETFs pushed to Monday over SEC concerns. Company valued at $2.1 trillion.
Carl’s Jr. Franchisee Closes 10 Restaurants, Sells 49 After Bankruptcy, June 13
Carl’s Jr. franchisee files Chapter 11 bankruptcy, plans to close 10 locations and sell 49 others in California amid rising labor costs.
Beisia Opens First Discount Store “Kokotoku” on June 12
Beisia opens discount supermarket “Kokotoku” in Saitama June 12, with 1-2 decade lower prices. Plans 5 stores in 2 years.
Southeast Asia’s Economic Rise: ASEAN Targets 4th Largest Economy by 2030
ASEAN targets 4th largest economy by 2030 through regional policies, energy security, and AI adoption to strengthen cross-border partnerships.
Kalshi Hits $1B in Crypto Perps Volume, Expands to HYPE and Solana
Kalshi’s crypto perpetuals hit $1B volume in one week. HYPE token jumps 10% after regulated futures launch on new assets.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…