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Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse

Samsung Union Authorizes Massive Strike At Memory-Chip Plants After Mediation Talks Collapse Asian equities extended losses for a fourth straight session, with South Korea's benchmark KOSPI falling about 1% as the market priced in the shock of an imminent labor action at Samsung Electronics. A full-scale, 18-day strike involving more than 47,000 workers at the world's largest memory-chip maker is set to begin Thursday, raising the risk of production disruptions across the global semiconductor supply chain, which is already tight due to AI data center buildouts. Samsung Electronics' talks with...
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May 8, 2026 / Tyler Durden
Iranian Army Commandos Seize Oil Tanker Over Export Disruption Claims
Iranian Army Commandos Seize Oil Tanker Over Export Disruption Claims The semi-official Tasnim news agency reported that Iran has seized an oil tanker, accusing it of "attempting to disrupt oil exports and the interests of the Iranian nation." Tasnim did not elaborate on the seizure, but Iran's official state news agency, the Islamic Republic News Agency (IRNA), stated that the Iranian military directed the tanker to Iran's southern coast. The report noted that the tanker was carrying Iranian crude oil. "Army commandos seized this violating oil tanker carrying a cargo of...
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May 13, 2026 / Tyler Durden
Imminent Supreme Court Rulings To Watch For
Imminent Supreme Court Rulings To Watch For Authored by Sam Dorman via The Epoch Times (emphasis ours), Birthright citizenship, girls sports, the definition of Election Day, and other hot-button topics are on the line in upcoming Supreme Court decisions. Illustration by The Epoch Times, Madalina Kilroy/The Epoch Times The court’s 2025–2026 term is expected to end in June with a series of rulings that could impact social issues and President Donald Trump’s agenda. The last scheduled oral argument was held on April 29; the justices considered whether Trump wrongfully terminated deportation protections for thousands...
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May 18, 2026 / Tyler Durden
Lawfare? Royal Caribbean Sinks After Mexican President Orders Review Of Resort Project
Lawfare? Royal Caribbean Sinks After Mexican President Orders Review Of Resort Project Shares of Royal Caribbean Group slid to session lows around midday after Mexican President Claudia Sheinbaum said her environment minister would review the cruise operator's proposed water park project in Quintana Roo, injecting new regulatory risk into the company's expansion plans. President Sheinbaum was speaking at a regular press conference Monday morning, where she addressed a range of topics, from drug traffickers and President Trump to Royal Caribbean. Sheinbaum said that SEMARNAT México, Mexico's federal environment ministry - formally the...
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