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Tokyo Electron Fires Top Executive Over Secret Ties to Chinese Rivals

Key Points: Japanese chip equipment maker Tokyo Electron recently cut ties with its veteran executive Jay Chen following a shocking internal discovery. The company found out Chen had personal connections to financial investment groups that directly fund up-and-coming Chinese semiconductor competitors. Chen managed a massive $5.6 billion business division for Tokyo Electron in China and...

Oil Prices Spike As US And Iran Peace Talks Collapse Over Weekend

Key Points: Brent crude oil futures jumped over 2% to hit $107.4 a barrel during early trading on Monday morning. President Donald Trump abruptly canceled a diplomatic trip to Pakistan, stalling any hopes for immediate peace talks with Iran. Iran continues to block the Strait of Hormuz, completely cutting off roughly 20% of the global...

Australian Engineer Builds Friendly Robots to Cure Loneliness in Nursing Homes

Key Points: A 26-year-old engineer created a 4-foot talking robot to help cure severe loneliness inside Australian nursing homes. Andromeda Robotics recently deployed its 22nd robot, providing daily companionship to more than 1500 elderly residents. Australia and the United States face massive care worker shortages, leaving up to 60 percent of nursing home residents without...