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PUMA and BMW MMS Launch Vibrant Crews Go Summer Collection

Apr 18, 2024 05:57 am UTC| Business Sports

In a collaboration that blends the adrenaline of motorsport with the relaxed vibes of summer, global sportswear giant PUMA, together with BMW M Motorsport (MMS), is proud to announce the launch of the Crews Go Summer...

Amazon Ditches Its ‘Just Walk Out’ Cashierless Shopping Tech, Decides to Offer the System to Other Stores

Apr 18, 2024 05:17 am UTC| Business Technology

Amazon Inc. stopped using its Just Walk Out technology, and it has removed it from stores it owns, such as its Amazon Fresh Groceries. While the company ditched this cashierless innovation, it would like to sell or license...

Tokyo's Iconic Starbucks Overlooking Shibuya Scramble Crossing Reopens with Fresh Design

Apr 18, 2024 05:14 am UTC| Business

After months of anticipation and worry among coffee enthusiasts, Tokyos most renowned Starbucks branch makes a grand comeback. Located in the heart of Shibuya, this Starbucks has long been celebrated for its prime view of...

United Airlines to Receive Compensation from Boeing for 737 MAX Grounding

Apr 18, 2024 04:12 am UTC| Business

United Airlines has announced it will receive compensation from Boeing for the significant financial impact caused by the grounding of its 737 MAX 9 fleet in the first quarter. This decision comes after U.S. regulators...

JPMorgan to Leverage AI Across Banking Operations, Jamie Dimon Confirms

Apr 18, 2024 03:46 am UTC| Technology Business

JPMorgan CEO Jamie Dimon has underscored the critical role of artificial intelligence in reshaping the financial industry, detailing plans to integrate AI across various banking functions. In his vision, AI will enhance...

Samsung Touts AI as Game-Changer in Outpacing Apple with Innovative Home Appliances

Apr 18, 2024 03:24 am UTC| Technology Business

At EuroCucina 2024, Samsung Electronics Co-CEO Han Jong-hee revealed the companys strategic push into AI-enhanced home appliances, aiming to surpass Apple in market innovation. Highlighting Samsungs integration of advanced...

Google Shuffles Finance Team for AI Shift, Slashes Jobs in Finance and Real Estate Divisions

Apr 18, 2024 03:15 am UTC| Business

Google LLC is restructuring its finance unit, and this was confirmed by Alphabets chief finance officer, Ruth Porat, on Wednesday, April 17, through a memo sent to finance employees. Unfortunately, this move will also...

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Economy

Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar

Asian currencies edged higher on Friday as the U.S. dollar weakened following softer-than-expected inflation data, which reduced expectations for a near-term Federal Reserve interest-rate hike. Gains across regional...

Asian Stocks Rally as Cooling US Inflation Boosts Fed Rate Outlook

Asian stocks mostly advanced Friday, putting regional markets on course for their strongest weekly performance since mid-June as softer US inflation data eased concerns over another Federal Reserve interest rate hike. The...

S&P 500 Hits Record High as Soft Inflation Data Eases Fed Rate Hike Fears

U.S. stock futures were largely unchanged Thursday evening after the SP 500 closed at a record high, as softer producer inflation data eased concerns about a potential Federal Reserve interest-rate hike in September. SP...

Gold Prices Slip From 10-Week High as Fed and Hormuz Risks Shape Outlook

Gold prices moved lower on Friday after pulling back from a 10-week high, as investors assessed softer U.S. inflation data, the Federal Reserves interest rate outlook and uncertainty surrounding the Strait of Hormuz. Spot...

Trump Imposes New US Tariffs on Drone Imports Over National Security Concerns

U.S. President Donald Trump announced new tariffs on imported drones and drone components on Thursday, citing national security concerns and the countrys heavy reliance on foreign suppliers. Under a proclamation signed by...

Politics

Jared Kushner May Visit Israel for Gaza Talks Next Week

U.S. President Donald Trumps envoy and son-in-law, Jared Kushner, could travel to Israel next week for talks aimed at advancing the administrations Gaza peace plan, according to a source familiar with the matter. Axios...

Albanese Says AUKUS ‘Full Steam Ahead’ After Trump Call

Australian Prime Minister Anthony Albanese said the AUKUS defence pact remains full steam ahead following a lengthy phone call with U.S. President Donald Trump, as Canberra also pushes Washington for a complete exemption...

Trump Orders Major Overhaul of US Navy Shipbuilding

President Donald Trump has signed a National Security Presidential Memorandum directing sweeping changes to U.S. Navy shipbuilding and ship repair programs as part of an effort to rebuild the countrys maritime industrial...

Israel Warned US of Alleged Iran Plot to Assassinate Trump

Israel repeatedly warned the United States over the past year that Iran may have been planning to assassinate President Donald Trump, although U.S. intelligence agencies were unable to independently verify several of the...

Putin Visits Disputed Kuril Island, Sparking Strong Protest From Japan

Russian President Vladimir Putin visited the disputed island of Iturup on Thursday, triggering a sharp diplomatic protest from Japan amid longstanding tensions over the Kuril Islands. Known as Iturup in Russia and Etorofu...

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

Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan

Goldman Sachs is reportedly in discussions with potential investors to participate in Nvidias ambitious $500 billion AI infrastructure financing initiative, as institutional demand for artificial intelligence investments...

LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories

LG Corp and Nvidia have signed a memorandum of understanding (MOU) to deepen their strategic partnership across robotics, AI factories and next-generation mobility, LG announced Friday. The agreement will combine LGs...

SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand

Shares of Semiconductor Manufacturing International Corp. (SMIC) surged on Friday after the Chinese semiconductor foundry delivered strong second-quarter earnings, supported by higher chip demand, improved pricing and...

Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO

Anthropic is reportedly in talks to acquire Nvidia-backed AI startup Decart AI as the Claude developer looks to expand its computing capabilities and address growing demand ahead of a potential public listing. Bloomberg...

Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy

Google co-founder Sergey Brin has stepped up efforts to accelerate development of the companys Gemini AI models as Alphabet battles OpenAI and Anthropic for leadership in artificial intelligence. Brin has reportedly urged...