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Wendy’s offers Peppermint Frosty in time for the Holidays

Nov 15, 2022 22:42 pm UTC| Life Economy Business

Wendys recently released a new Peppermint Frosty, billed as a merry take on the iconic treat, nationwide for a limited time. Wendys vice president of culinary innovation, John Li, described the flavor as a classic,...

Cathay Pacific to return to pre-pandemic capacity only by end of 2024

Nov 15, 2022 22:41 pm UTC| Economy Business Life

Cathay Pacific does not expect to return to pre-pandemic levels of travel until the end of 2024, after abandoning compulsory quarantine for all international arrivals just in September. Hong Kongs imposition of one of...

Digital Currency Revolution

FTX meltdown leads to S. Korean crypto stocks plunge

Nov 15, 2022 22:41 pm UTC| Digital Currency Economy Business

The value of South Koreas cryptocurrency-linked stocks plummeted on the first trading day after FTX, one of the worlds largest crypto exchanges, filed for bankruptcy. Shares of game developer Com2uS, which listed its...

Buffett's Berkshire discloses $4.1 billion Taiwan Semiconductor stake

Nov 15, 2022 22:40 pm UTC| Economy Business Technology

Berkshire Hathaway Inc bought over $4.1 billion of stock in Taiwan Semiconductor Manufacturing Co. in a rare foray into the technology sector by billionaire Warren Buffetts conglomerate. In a US SEC regulatory filing,...

Britain's energy price cap left many people confused – especially Conservative voters

Nov 15, 2022 16:39 pm UTC| Economy

If youre in the UK, how do you understand the governments plan to deal with energy prices? Has it: Capped energy bills for all households at 2,500 for the next two years; Capped the price of energy so a typical...

Chokepoint Capitalism: why we'll all lose unless we stop Amazon, Spotify and other platforms squeezing cash from creators

Nov 15, 2022 16:39 pm UTC| Insights & Views Economy

In 2020, the independent authors and small publishers whose audiobooks reach their readers via Audibles ACX platform smelled a rat. Audiobooks were booming, but sales of their own books produced at great expense and...

Amazon reportedly cutting 10,000 employees starting this week

Nov 15, 2022 11:00 am UTC| Business Economy

Amazon is reportedly carrying out massive layoffs and will be cutting about 10,000 employees. Based on the reports, the job cuts will start this week and will mostly affect those in the companys retail, human resources,...

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Economy

RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise

The Reserve Bank of Australia raised interest rates by 25 basis points on Tuesday, taking borrowing costs to their highest level in nearly 15 years as policymakers respond to persistent inflation and rising energy prices....

Asian Stocks Fall as Bond Yields and Oil Prices Surge

Asian stock markets fell broadly on Tuesday as surging U.S. Treasury yields, elevated oil prices and renewed pressure on technology shares dampened investor sentiment. Markets also awaited the Reserve Bank of Australias...

Asian Currencies Mixed as Yen Weakens, RBA Hike Looms

Asian currencies traded mixed on Tuesday, with the Japanese yen weakening toward recent lows as investors weighed intervention risks and the Bank of Japans policy outlook. The U.S. dollar remained near a two-month high,...

Gold Holds Near Seven-Week Low as Fed Rate Hike Bets Rise

Gold prices stabilized near a seven-week low on Tuesday after plunging 4% in the previous session, as elevated oil prices, rising U.S. Treasury yields and expectations for further Federal Reserve rate hikes continued to...

U.S. Stock Futures Steady as AI, Rate Concerns Weigh

U.S. stock futures were little changed Monday evening after Wall Street fell under pressure from elevated Treasury yields, concerns about slowing artificial intelligence development and persistent geopolitical tensions...

Politics

White House Blames Democrats as CLARITY Act Stalls

The White House and Republican Senator Cynthia Lummis have blamed Senate Democrats for the CLARITY Acts failure to advance, escalating partisan tensions over landmark U.S. cryptocurrency legislation. The Senate voted 49-50...

US Troops Set to Complete Iraq Withdrawal as Iran Influence Grows

US forces are expected to withdraw from their remaining bases in Iraq by Wednesday, completing a departure agreed in 2024 and raising concerns over Irans expanding influence and the potential resurgence of Islamic State....

Malaysia Begins Deportation of 1,500 Myanmar Nationals

Malaysia began deporting about 1,500 Myanmar nationals on Tuesday under a repatriation programme that has drawn objections from the United Nations and human rights organisations over safety concerns in conflict-hit...

Trump Denies Offering Iran Sanctions Relief for Nuclear Concessions

U.S. President Donald Trump on Monday denied reports that his administration had offered Iran sanctions relief and access to frozen funds in exchange for concessions on Tehrans nuclear program. This is untrue. I offered...

Rubio Warns Cuba to Change Course as US Pressure Mounts

U.S. Secretary of State Marco Rubio said Washington hopes Cuba will pursue a different path, warning that Cuban officials should not expect to simply wait out President Donald Trumps administration without making changes....

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

Anthropic Targets $2 Trillion Valuation in Planned IPO

Anthropic is preparing for a highly anticipated initial public offering that could value the artificial intelligence company at more than $2 trillion, putting investor enthusiasm for the booming AI sector and its massive...

Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure

Samsung Electronics and five affiliates are investing a combined $1 billion in Helix Digital Infrastructure, a new artificial intelligence infrastructure company backed by investment firm KKR, as Samsung expands deeper...

CSL Partners With AWS to Bring AI Into Drug Research

CSL has entered into a partnership with Amazon Web Services (AWS) to integrate artificial intelligence and cloud computing across its research and clinical development operations, aiming to accelerate drug discovery and...

OpenAI Scraps GPT-6.1 Astra Launch Over Safety Concerns

OpenAI has canceled the planned release of GPT-6.1 Astra after internal testing raised concerns about the artificial intelligence models safety, alignment and ability to stay within authorized boundaries. The...

Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears

Pi Network price traded around $0.0886 on September 28 as investors looked ahead to the Protocol 28 Mainnet upgrade scheduled for October 16. PI remained below the key $0.10 level amid broader weakness across the...
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