Hazard

Shein Plans for Future U.S. IPO Despite Backlash

Shein, a Chinese online fast fashion retailer, plans to do an initial public offering within the United States as soon as 2024, according to a report from Bloomberg. The company had previously planned to list in the US this year but was forced to put its plans on hold following the Russian-Ukrainian war. Nevertheless, the …

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Tesla Under Federal Investigation Amid ‘Passenger Play’ Feature

Tesla (NASDAQ: TSLA) is currently under investigation by Federal safety regulators following the discovery of a feature that allows drivers to play video games while the vehicle is in motion. The National Highway Traffic Safety Administration opened “a preliminary evaluation” (PE) which affects approximately 580,000 of the automakers cars that offer the “Passenger Play” feature. …

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