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Star Sydney suspension: how do casino operators found so unfit get to keep their licences?

Oct 19, 2022 08:50 am UTC| Law Business

How low does a casino operator in Australia have to go before it loses its gaming licence? That question is still hanging after the punishment meted out this week to the operator of The Star Sydney casino found to be...

Corporation tax U-turn: why the latest change means more uncertainty for UK business

Oct 19, 2022 08:45 am UTC| Business

Before the new UK chancellor, Jeremy Hunt, rolled back almost all of Septembers mini-budget measures, the first tax cut to go was Liz Trusss plan to scrap a corporation tax rise. The political turmoil caused by the...

US Supreme Court favors Domino's Pizza bid to bring wage case to arbitration

Oct 18, 2022 22:22 pm UTC| Law Economy Business

The US Supreme Court boosted Dominos Pizza Incs bid to force delivery drivers to bring a California wage lawsuit in private arbitration rather than in court. Business organizations have referred to arbitration as a...

S. Korea's Hite Jinro flavored soju now sold at 17 Costco stores in US

Oct 18, 2022 22:17 pm UTC| Life Economy Business

Hite Jinro Co.s flavored soju is now being sold at 17 Costco stores in the US, including Minnesota, Wisconsin, and Illinois, amid the companys increased efforts to penetrate the American market. South Koreas leading...

Gatorade to launch smart water bottle

Oct 18, 2022 22:03 pm UTC| Economy Business Health

Gatorade has partnered with ImpacX, a smart packaging platform company, to launch a water bottle featuring a patented smart cap technology that tracks and collects users hydration data. The data is based on beverage...

Dr. Pepper releases non-alcoholic bourbon-flavored soda

Oct 18, 2022 21:59 pm UTC| Life Economy Business

Dr. Pepper is releasing a new limited-edition non-alcoholic beverage, Dr. Pepper Bourbon Flavored Fansville Reserve, billed as being inspired by the tailgate. The new artificially bourbon-flavored Dr. Pepper evokes...

Atlanta Hawks enlists Excel Sports' help to find new jersey patch partner

Oct 18, 2022 21:56 pm UTC| Sports Economy Business

The Atlanta Hawks have engaged the services of Excel Sports Management agency to find them a new jersey patch partner from next season. The NBA team signed up digital healthcare brand Sharecare in 2017 for a reportedly...

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Economy

Chip Stocks Rally on AI Optimism as Oil Price Surge Adds Market Tension

Oil prices climbed sharply on Monday as stalled U.S.-Iran negotiations continued to disrupt Middle East energy exports, fueling concerns across global markets. Brent crude futures rose nearly 2%, reaching a three-week high...

U.S. Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Concerns

U.S. consumer sentiment plunged to a historic low in April, reflecting growing anxiety over rising inflation and energy costs despite a ceasefire in the Iran conflict. According to the University of Michigans Surveys of...

ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026

The European Central Bank (ECB) is set to meet next Thursday, and recent geopolitical developmentsparticularly the Iran war ceasefirehave temporarily reduced pressure for an immediate interest rate hike. However,...

Brazil Current Account Deficit Widens in March as FDI Misses Expectations

Brazils current account deficit expanded more than expected in March, highlighting growing external pressures on Latin Americas largest economy. According to central bank data, the deficit reached $6.036 billion,...

Araqchi Leads Iran’s Diplomatic Push as U.S. Talks and Oil Market Tensions Rise

Irans Foreign Minister Abbas Araqchi arrived in Islamabad to discuss potential steps toward restarting peace talks with the United States, signaling cautious optimism after weeks of escalating conflict. The ongoing...

Politics

DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects

The U.S. Department of Justice has officially ended its investigation into Federal Reserve Chair Jerome Powell, a decision announced by U.S. Attorney Jeanine Pirro that could significantly impact the future leadership of...

Strait of Hormuz Shipping Crisis Deepens as Traffic Plunges Amid Iran-U.S. Tensions

Shipping activity through the Strait of Hormuz has dropped dramatically, with only five vesselsincluding an Iranian oil products tankerpassing through the strategic waterway in the past 24 hours, according to recent...

India Slams “Hellhole” Remark Linked to Trump Post, Reaffirms Strong US Relations

India has strongly criticized remarks describing the country as a hellhole, calling them uninformed and inappropriate, after U.S. President Donald Trump shared a transcript of a controversial radio segment on his Truth...

Iran Proposes Strait of Hormuz Reopening Deal Amid Stalled U.S. Talks

Iran has reportedly submitted a new proposal to the United States aimed at reopening the Strait of Hormuz and easing ongoing geopolitical tensions, according to a report by Axios citing U.S. officials and sources familiar...

U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs

A group of U.S. budget airlines, including Frontier Airlines and Avelo Airlines, is reportedly pursuing $2.5 billion in government assistance to offset surging operational costs driven by rising jet fuel prices. According...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...