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HondaJet becomes top-selling small business aircraft for 4th year

Feb 25, 2021 23:58 pm UTC| Business

There were 31 HondaJet units sold in 2020 to mark the fourth year of being the best-selling small business aircraft in the world. Among the HondaJets attributes were its high performance, spacious cabin, and fuel...

Fry’s Electronics permanently closes remaining stores

Feb 25, 2021 09:25 am UTC| Business

Frys Electronics, the American big-box store chain, announced that it is going out of business and will be closing all of its shops across the U.S. The electronics superstore company shut down its outlets on the midnight...

Victoria's Secret permanently shutting 50 stores

Feb 25, 2021 08:33 am UTC| Business

Victorias Secret is planning to shut down 50 additional stores following the discontinuation of almost 250 shops last year. It was reported that the termination of store operations in this new wave of closures will be...

Alaska Airlines ordered to pay $3 million over the death of a passenger

Feb 25, 2021 07:50 am UTC| Business

Alaska Airlines has been slapped with a huge fine after the court finds it guilty of negligence that resulted in the death of one of its passengers. The lawsuit was against the carriers unit based in Seattle. The jurys...

Facebook is investing $1 billion in the news industry as Australia passes media bargaining code

Feb 25, 2021 07:41 am UTC| Business

Facebook was revealed to have made a $1 billion pledge in news investment for the next three years. Mark Zuckerbergs company made the announcement just a day after its dispute with the Australian government over news...

Hyundai to recall Kona EV and replace LG batteries over fire risk

Feb 25, 2021 07:09 am UTC| Business

Hyundai Motor recalls more than 80,000 Kona electric cars after fire risk has been discovered. The call back has been carried out after the transport ministry in South Korea stated that the cause of the fires is probably...

Foxconn, Fisker collaborate to make the world's most sustainable EVs

Feb 25, 2021 07:05 am UTC| Business

Foxconn and Fisker are collaborating to produce thousands of electric cars two years from now. The united companies shared they are hoping to make over 250,000 EVs per year starting in late 2023. The PEAR collaborative...

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Economy

Oil Prices Surge Amid U.S.-Iran Tensions and Supply Disruption Fears

Global oil prices climbed sharply on Thursday as escalating geopolitical tensions between the United States and Iran fueled concerns about further supply disruptions in the Middle East. Brent crude oil prices surged by as...

Asian Stocks Slip as Oil Prices Surge and Fed Signals Inflation Risks

Asian stock markets declined on Thursday as investors reacted to a sharp rise in oil prices, mixed corporate earnings, and a cautious outlook from the U.S. Federal Reserve. The combination of geopolitical tensions, energy...

Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone

The U.S. dollar remained close to its strongest level in more than two weeks on Thursday, supported by a hawkish shift from Federal Reserve policymakers that pushed Treasury yields to a one-month high. Currency markets are...

US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves

U.S. stock index futures traded mixed on Wednesday evening as investors reacted to the Federal Reserves latest policy decision, rising oil prices, and a fresh round of earnings from major technology companies. Market...

China Factory Activity Extends Growth in April Despite Global Pressures

Chinas manufacturing sector continued to expand for a second consecutive month in April, signaling resilience in the worlds second-largest economy despite ongoing global uncertainties. According to official data from the...

Politics

Russian Drone Strikes Hit Odesa Again, Injuring Civilians and Damaging Infrastructure

Russian drone attacks targeted the southern Ukrainian city of Odesa overnight, marking the second assault this week and leaving at least 18 people injured, according to local officials. The latest strike adds to the...

US House Advances $70 Billion Immigration Enforcement Budget Plan

The U.S. House of Representatives has approved a three-year budget framework that could unlock an additional $70 billion for immigration enforcement, marking a significant step in shaping future border security policies....

Trump to Receive Briefing on Potential U.S. Military Action Against Iran

U.S. President Donald Trump is expected to receive a high-level security briefing on Thursday regarding new military options targeting Iran, according to a report by Axios citing unnamed sources. The briefing will be led...

Taiwan Independence Explained: History, Status, and Rising China Tensions

Taiwan independence remains a highly debated issue in global politics, especially as tensions between China and the United States continue to shape international relations. The topic is expected to feature prominently in...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

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

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...

Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition

Microsoft has projected stronger-than-expected growth for its Azure cloud business, signaling continued momentum in the competitive cloud computing and artificial intelligence market. The company announced it expects Azure...