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Uber's $9 billion IPO rests on drivers' 80-plus hour workweeks and a lot of waiting

May 02, 2019 17:45 pm UTC| Insights & Views Business

Ubers upcoming initial public offering may be one of the biggest in history, with the ride-hailing company expected to raise up to US$9 billion. Thats good news for its early investors and executives, who could reap...

Shopping trends mean blocking the big Sainsbury's-Asda merger may not protect customers

May 02, 2019 17:44 pm UTC| Insights & Views Business

The proposed merger of supermarkets Sainsburys and Asda is now off the table as the regulator has ruled against it, saying it would lead to higher prices for consumers. The merger would have created the largest supermarket...

Thunder Bay: Local news is important for conversations on reconciliation

May 02, 2019 17:16 pm UTC| Insights & Views Business

The Ontario city of Thunder Bay is in the headlines these days for all the wrong reasons. Canadas highest rates of murder and violent crime. The highest number of hate crimes per capita. Systemic racism embedded in shoddy...

How the decision to paywall NZ's largest newspaper will affect other media

May 02, 2019 17:15 pm UTC| Insights & Views Business

This week New Zealands largest newspaper, the NZ Herald, launched digital subscriptions for its online content, making history at the same time. Its paywall is the first for a general newspaper in New Zealand. Back...

Are too many corporate mergers harming consumers? We won't know if we don't check

May 02, 2019 17:03 pm UTC| Insights & Views Business

Compared with the grand cause of climate change or the pointed self-interest of income tax, competition policy is a decidedly unsexy election issue. So its hardly surprising that no party is running hot on the issue not...

Economising Romance In Contemporary Society

May 01, 2019 15:21 pm UTC| Business

The attraction of dating apps and the hugely competitive market that exists highlights one of the ways dating has changed in the age of the internet. Social media has played its part the simplicity of a tweet or a...

Questions To Ask Real Estate Investing Rental Property Consultants

May 01, 2019 14:47 pm UTC| Business

Its not a secret that among the wealthiest people in the world are those who have ventured in the real estate business. Their stories are promising and inspiring to many who would want to experience a financial...

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Economy

Trump's Greenland Gambit Ignites Transatlantic Tariff War: Global Markets on Edge

Tariff Threats Rise Over Greenland Annexation Drive Effective February 1, 2026, President Trump has significantly increased pressure on Denmark by threatening to levy 10% tariffs on major NATO and EU alliesincluding...

Asian Fund Managers Favor Japan, Taiwan, and South Korea for 2026 Amid AI and Chip Boom

Asian fund managers are growing increasingly bullish on Japan, Taiwan, and South Korea, while sentiment toward India has turned negative, according to Bank of Americas January fund manager survey. The shift reflects...

Trump Says $2,000 Tariff Dividend Possible Without Congress Approval

U.S. President Donald Trump said on Tuesday that his administration may be able to issue a $2,000 payout to American citizens without needing approval from Congress, citing the surge in revenue generated from his trade...

Japan Government Bond Rout Deepens as Election Spending Fears Shake Markets

Japans government bond market is experiencing a sharp sell-off as investors react nervously to rising political promises of tax cuts and fiscal stimulus ahead of a snap election. Prime Minister Sanae Takaichis decision to...

WTI Crude Oil Prices Slide as Inventory Concerns and Geopolitical Risks Weigh on Market

West Texas Intermediate crude oil prices declined on Wednesday as traders focused on mounting geopolitical uncertainty and expectations of a build in U.S. crude inventories, which overshadowed supply disruptions from...

Politics

Trump Signs Executive Order to Limit Wall Street Investment in Single-Family Homes

U.S. President Donald Trump on Tuesday evening signed a new executive order designed to curb Wall Street investors from buying and speculating on single-family homes, a move aimed at improving housing affordability and...

Trump’s Greenland Ambition Sparks NATO Tensions, Trade War Fears, and Global Market Turmoil

U.S. President Donald Trump has reignited international controversy by declaring there is no going back on his ambition to control Greenland, a move that has unsettled NATO allies, strained U.S.-Europe relations, and...

Syria Announces Ceasefire With Kurdish Forces as U.S. Pushes Integration Deal

Syria has announced a four-day ceasefire with Kurdish-led forces in the northeast, marking one of the most significant shifts in territorial control since the fall of former president Bashar al-Assad over a year ago. The...

U.S. Plans NATO Staff Reductions, Raising Fresh Concerns Over Alliance Commitment

The United States is planning to reduce the number of personnel stationed at several key NATO command centers, a move that is already heightening concerns across Europe about Washingtons long-term commitment to the...

Trump Says U.S. and NATO Will Reach Agreement on Greenland’s Future

U.S. President Donald Trump said on Tuesday that the United States and NATO will eventually come to an agreement regarding the future of Greenland, emphasizing that any deal would satisfy both Washington and the military...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Elon Musk Says Tesla Cybercab and Optimus Production Will Start Slowly Before Rapid Growth

Tesla CEO Elon Musk has cautioned investors and technology enthusiasts that the early production rate of the companys highly anticipated Cybercab robotaxi and Optimus humanoid robot will be agonizingly slow before...

Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%

Shares of Taiwans Powerchip Semiconductor Manufacturing Corp jumped nearly 10% on Monday following news that U.S. memory chip giant Micron Technology plans to acquire one of Powerchips fabrication facilities in Taiwan,...

Tesla Revives Dojo Supercomputer Project With AI5 Chip at the Core

Tesla Inc (NASDAQ: TSLA) is set to restart development of its next-generation supercomputer, Dojo3, marking a renewed push into artificial intelligence infrastructure. Tesla CEO Elon Musk confirmed on Sunday that work on...

South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports

South Korea is moving to secure favorable treatment from the United States on tariffs affecting memory chip imports, following recent trade actions announced by the U.S. government. A spokesperson from South Koreas...

South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips

South Koreas trade minister said a newly announced U.S. tariff on certain advanced computing chips is expected to have only a limited short-term impact on South Korean companies, while cautioning that future measures could...