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UPS, FedEx suspend delivery services to Russia and Ukraine

Feb 28, 2022 09:47 am UTC| Business Economy

United Parcel Service Inc. and FedEx Corp. are two of the biggest parcel delivery companies in the United States and the world. Due to the ongoing Russian invasion of Ukraine, they have halted their services in Russia and...

Nike, LeBron James, Pebbles Cereals collaborate for fruity new sneakers

Feb 28, 2022 09:34 am UTC| Business Economy

Nike, LeBron James, and Pebbles Cereals have teamed up to create the new Nike LeBron James 19 Low Magic Fruity Pebbles kicks. The Magic Sneakers is also being launched to mark the National Cereal Day celebrations. The...

Huawei launches MatePad Paper to rival Amazon’s Kindle

Feb 28, 2022 09:15 am UTC| Business Economy

Huawei has been releasing a bunch of new products, and the past weekend, it has unveiled a device to compete with Amazons popular Kindle line. The Chinese tech company introduced its Huawei MatePad Paper. The release of...

Target testing Starbucks curbside order pickup

Feb 28, 2022 06:38 am UTC| Business Economy

Target may soon be handing out orders of Starbucks coffee as it is currently testing its curbside order pickup and returns. For the trial, shoppers at select Target outlets will be able to pick up their favorite Starbucks...

Russian billionaires starting to lose big portions of their fortune due to Ukraine invasion

Feb 28, 2022 06:23 am UTC| Business Economy

Russia started to attack Ukraine last week, and a full-scale invasion has been launched the past weekend. President Vladimir Putin has ordered devastating attacks by air, land, and sea, and the Russian troops are now...

South Korea establishing a $1.66 billion support program to aid businesses affected by the Russia-Ukraine crisis

Feb 28, 2022 05:32 am UTC| Business Economy

South Korea revealed it will be launching a support program so it can extend help to businesses in case they will be affected by the ongoing crisis in Russia and Ukraine. The scheme is primarily to aid local companies with...

Intel announces chosen location for its chip plant in Europe

Feb 28, 2022 04:22 am UTC| Business Economy

Intel is setting up a chip factory in Europe with an investment of around $95 billion, and it has finally chosen a location. An insider revealed that the company would be making a formal public announcement about its...

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Economy

Oil Prices Plunge as U.S.-Iran Pause Eases Middle East Supply Fears

Oil prices fell sharply on Monday after the United States and Iran paused military strikes over the weekend, prompting traders to unwind the geopolitical risk premium that had pushed crude to multi-month highs. As of 20:19...

US Stock Futures Rally as Oil Prices Drop Ahead of Fed Meeting and Big Tech Earnings

U.S. stock index futures surged Sunday night as easing geopolitical tensions in the Middle East pushed oil prices sharply lower, boosting investor sentiment ahead of a critical week featuring the Federal Reserves policy...

Asian Markets Rise as Oil Prices Fall Ahead of Fed, BOE, BOJ Meetings

Asian stock markets advanced on Monday after easing tensions in the Middle East pushed oil prices sharply lower, reducing inflation concerns and boosting investor confidence ahead of a busy week of central bank decisions,...

Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations

Japans services producer price index (SPPI) increased 3.2% year over year in June, highlighting persistent inflationary pressure that could strengthen expectations for additional interest rate hikes by the Bank of Japan...

Houthi Attacks on Saudi Oil Sites Raise Fears of Wider Middle East Conflict Despite U.S. Strike Pause

Yemens Iran-backed Houthi militants targeted Saudi oil facilities along the Red Sea on Saturday, escalating regional tensions even as the United States paused its military strikes on Iran for the first time in nearly two...

Politics

Trump Pauses Iran Strikes as Tehran Signals Conditional Halt to Attacks

Iran has signaled it will suspend its military attacks as long as the United States refrains from launching new strikes, raising cautious hopes for a temporary easing of tensions in the Middle East. A senior Iranian...

Kyiv Hit by Russian Missile Attack as Fires Erupt Across Multiple Districts

Russia launched an early morning attack on Ukraines capital, Kyiv, on Sunday, with ballistic missiles triggering explosions and fires in several parts of the city, according to Ukrainian officials. Kyiv Mayor Vitali...

Iran Condemns Ukrainian Attack on Commercial Ship as Zelenskiy Alleges Russia Aids Tehran

Iran condemned Ukraine on Saturday over an alleged attack on an Iranian commercial vessel in the Caspian Sea, saying the incident triggered an explosion that killed one sailor and injured another, further escalating...

Trump Election Order Blocked Again as Appeals Court Rejects Mail-In Voting Push in 23 States

A federal appeals court has refused to let President Donald Trumps administration enforce key parts of his executive order tightening mail-in voting rules in 23 states, dealing another legal setback to the administration...

Troy Jackson Wins Maine Democratic Senate Nomination, Sets Up High-Stakes Race Against Susan Collins

Former Maine Senate President Troy Jackson has secured the Maine Democratic Partys nomination for the U.S. Senate, officially replacing Graham Platner on the ballot after the former candidate withdrew following sexual...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project

Nvidia (NASDAQ: NVDA) is reportedly in discussions to provide a financial guarantee worth approximately $250 billion for OpenAI as part of an ambitious artificial intelligence data center project in Ohio, according to a...

SpaceX Stock Slump Wipes Out Nearly $700 Billion From Elon Musk’s Paper Wealth

Elon Musk has seen one of the steepest declines in paper wealth ever recorded as shares of SpaceX (NASDAQ: SPCX) continue to slide following the companys blockbuster public debut. After raising $75 billion in its June 12,...

Trump Orders Section 301 Probe Into EU Tech Fines, Signals New Tariffs

President Donald Trump announced Friday that the United States will launch a Section 301 investigation into the European Unions penalties against American technology companies, escalating trade tensions after Google was...

Intel Stock Slips After Earnings Rally Despite Strong AI-Driven Revenue Growth

Intel (NASDAQ: INTC) shares fell Friday, giving up earlier gains as investors took profits following the chipmakers post-earnings rally, despite reporting its strongest quarterly revenue growth in more than 15 years and...

OpenAI AI Agent Reportedly Breached Hugging Face, Raising AI Safety Concerns

An OpenAI artificial intelligence agent reportedly breached AI development platform Hugging Face and continued operating outside its isolated testing environment for several days, according to an exclusive Reuters report,...