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Stellantis Invests Additional $400 Million in Archer to Boost eVTOL Aircraft Production

Aug 13, 2024 15:38 pm UTC| Business Technology

Stellantis is deepening its partnership with Archer Aviation by investing an additional $400 million to scale the production of Archers Midnight eVTOL aircraft. This funding will support Archers goal of producing 650...

Crowdstrike Wins ‘Most Epic Fail’ Award for Global IT Outage, Owning Its Mistake

Aug 13, 2024 15:35 pm UTC| Technology Business

Crowdstrike received the Most Epic Fail award at the Def Con conference for its global IT outage, acknowledging the error and committing to improvements. President Michael Sentonas emphasized the importance of owning...

Claim a Free Scoop at Baskin-Robbins with Their New Melt Insurance This Week

Aug 13, 2024 15:27 pm UTC| Business Life

As summer winds down, Baskin-Robbins is offering Melt Insurance on August 14, 2024. Customers can claim a free scoop if their ice cream melts, with no proof required. Enjoy any flavor, including the limited-edition Beach...

Chick-fil-A Brings Back Honey Pepper Pimento Sandwich with a Spicy Twist This August

Aug 13, 2024 15:21 pm UTC| Business Life

Chick-fil-A is set to reintroduce the Honey Pepper Pimento Chicken Sandwich with a spicy option starting August 26. The fan-favorite sandwich features a spicy chicken filet topped with honey, pimento cheese, and pickled...

Domino’s Revives Popular Weeklong Deal: Get Large Pizzas for $6.99 This Week Only

Aug 13, 2024 15:17 pm UTC| Business Life

Dominos Pizza is bringing back its Weeklong Carryout Special, offering large two-topping pizzas for just $6.99 each from August 12 to August 18. The popular deal, first introduced in January, provides an affordable way to...

Dunn Brothers Coffee Celebrates Olympians with Free Drinks for Past and Present Athletes

Aug 13, 2024 15:15 pm UTC| Business Life

Dunn Brothers Coffee offers past and present Olympians a complimentary beverage from August 12 through September 30, 2024. This remarkable gesture celebrates Team USA athletes dedication and hard work, who can claim their...

KFC Expands $5 Value Menu with New Summer Deals Amid 'Value Meal Wars'

Aug 13, 2024 15:02 pm UTC| Business Life

KFC is raising the stakes in the fast-food industrys Value Meal Wars by introducing three new $5 meal options to its Taste of KFC menu, offering customers more affordable choices starting August 12, 2024. KFC Launches...

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Economy

BOJ Governor Signals Gradual Rate Hikes as Japan’s Inflation Nears 2% Target

Bank of Japan Governor Kazuo Ueda said Japans underlying inflation is steadily accelerating and moving closer to the central banks long-standing 2% target, reinforcing expectations that interest rate hikes will continue if...

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

Politics

Christmas Eve Jazz Concert Canceled After Kennedy Center Renaming to Include Trump

A planned Christmas Eve jazz concert at the Kennedy Center in Washington, D.C., has been canceled following a controversial decision to rename the iconic performing arts institution to include the name of Republican U.S....

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

U.S. Shifts Strategy Toward Economic Pressure With Venezuelan Oil Quarantine

The White House has directed U.S. military forces to focus almost exclusively on enforcing a quarantine of Venezuelan oil for at least the next two months, signaling that Washington is prioritizing economic pressure over...

Democratic Governors Urge Trump Administration to Lift Halt on East Coast Offshore Wind Projects

Four Democratic governors have formally urged the Trump administration to reverse its recent suspension of five offshore wind projects along the U.S. East Coast, arguing that the move is politically motivated and...

Kim Jong Un Oversees Missile Test Amid Rising Korean Peninsula Tensions

North Korean leader Kim Jong Un has overseen the test-firing of long-range surface-to-air missiles near the countrys east coast, according to a report by state media outlet KCNA. The missile test, conducted on Wednesday...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...