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Wed, Jul 03, 2024 08:58 PM All times are UTC

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Key parts of US laws are hard for the public to find and read

Aug 10, 2022 01:47 am UTC| Law

It happens in court cases from time to time: Lawyers and judges discussing the meaning of a law cant access the text they need to review. It happened in a federal court in Rhode Island in 2004 and in the Indiana Supreme...

As the FBI raids Mar-A-Lago, Donald Trump reaches for unconvincing historical parallels

Aug 10, 2022 01:38 am UTC| Insights & Views Law

These are dark times for our nation, former US President Donald Trump declared when he announced his mansion at Mar-A-Lago had been raided by FBI agents on Monday night Florida time. An assault like this could only take...

S. Korean knock-down car maker in India disputes court ban of ‘Hyundai’ name use

Aug 09, 2022 22:59 pm UTC| Law Economy Business

Hyundai Global Motors (HGM) disputed a recent Indian court ruling against its alleged trademark violation of Korean auto giant Hyundai Motor Co., claiming it acquired the naming rights through a legal contract. Hyundai...

Elon Musk files countersuit against Twitter over $44 billion deal

Jul 31, 2022 08:25 am UTC| Law Economy Business

Elon Musk escalated his legal battle with Twitter on Friday with a countersuit over his bid to walk away from the $44 billion purchase. Musks case was submitted hours after Chancellor Kathaleen McCormick of the Delaware...

UCLA, Under Armour end lawsuits over lucrative sportswear deal

Jul 29, 2022 23:44 pm UTC| Law Sports Economy Business

UCLA and Under Armour Inc. have dropped lawsuits against each other brought about by a reneged $280 million sports apparel deal in 2020. A lawyer for the UC Regents, acting on behalf of UCLA, had asked Santa Monica...

Sotheby's may be liable for missing diamonds worth $4 million, says court

Jul 26, 2022 23:30 pm UTC| Law Economy Business

A state appellate court ruled Sothebys may be liable for $4 million of disappeared diamonds after it allegedly released them to a stranger. After ML Financial had given the diamonds to Sothebys for appraisal in April...

US federal court rejects Pfizer's appeal over co-pays for heart failure patients

Jul 26, 2022 23:25 pm UTC| Law Health Economy Business

Pfizer Incs challenge to a US anti-kickback law which it says prevented it from helping heart failure patients afford the medicine that cost $225,000 per year was rejected by a federal appeals court. A three-judge panel...

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Economy

Please stop obsessing over words. It’s quite simple: the RBA thinks inflation is too high

These days every word of every statement from the Reserve Bank Governor Michele Bullock is pored over in minute detail as is every word uttered at her press conference after each Reserve Bank board meeting. Desperate...

G7 overcomes internal wrangling and ‘irrelevance’ barbs to strike US$50 deal to support Ukraine

In the 26 months since Russia invaded Ukraine in February 2022, the west has been riven with disagreement about how much and what support it will provide for Volodymyr Zelenskys government. There are two main reasons for...

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity...

Brexit boredom is one thing – but there’s a real problem when Britain’s leaders won’t even talk about Europe anymore

British politics has, in recent years, been plagued by two competing forces when it comes to Europe. On one side, there is an understanding that the UK and the EU need to rub along, because of their proximity and...

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Politics

Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

Why legacy media brands still matter in the UK’s ‘social media’ election

For decades, the front pages of newspapers have documented iconic campaign moments. Now, many think that the internet (particularly social media platforms) is where an election is won or lost. Some have even dubbed this...

This is billed as a ‘change’ election – but Britain’s electoral system means hardly any seats are true multi-party contests

With all polls pointing in the same direction, the 2024 election will deliver seismic change. It is being seen as a contest that will practically wipe out one party and deliver a large majority to another. But the reality...

South Africa’s unity government: 4 crucial factors for it to work

Governments of national unity built on power-sharing arrangements are common in Africa and elsewhere in the world. Now South Africa also has a unity government, following the 2024 general election in which no party won a...

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Science

SpaceX to Help NASA Deorbit ISS; Starlink Lands Major Comcast Business Partnership

SpaceX will develop the U.S. Deorbit Vehicle so that NASA can safely deorbit the ISS by 2030. Meanwhile, SpaceX Starlink secures a significant partnership with Comcast Business to enhance rural connectivity. NASA Taps...

Japan Discovers 230 Million Ton Manganese Deposits, Boosting EV Battery Industry

Japan has discovered 230 million tonnes of manganese deposits near Minami-Torishima Island, potentially transforming its EV battery industry by significantly reducing reliance on imports and providing enough cobalt and...

Keeping astronauts healthy in space isn’t easy − new training programs will prepare students to perform medicine while thousands of miles away from Earth

In the coming decade, more people will go to space than ever before as human spaceflight enters a new era. NASA, the European Space Agency and other governmental agencies are partnering to develop crewed missions beyond...

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Some of Earth’s most ancient lifeforms can live on hydrogen – and we can learn from their chemical powers

Three-quarters of all matter in the universe is made up of hydrogen. The young Earth was also rich in hydrogen, thanks to fierce geological and volcanic activity. Just as stars burn hydrogen to produce heat and light...

Technology

Shiba Inu ETF Speculation Rises: Analysts Weigh In on Potential Market Impact

Scott Melker and Austin Arnold explore the potential influence of Shiba Inu and Solana ETFs on the cryptocurrency market, emphasizing their growth prospects. Bitcoins Rise Driven by ETFs Scott Melker, host of The...

Cathie Wood’s Ark Invest Sells $15M in Tesla Shares Amid Stock Price Surge

Ark Invest, led by Cathie Wood, has sold $15 million in Tesla shares, marking its first sale of the stock in nine months, amid a recent surge in TSLAs price. The move has prompted speculation about the firms strategic...

Crypto Industry Faces $1.5B Loss in 200 Attacks, Ethereum and Bitcoin Hit Hard

The crypto industry has faced over $1.5 billion in losses from 200 cyberattacks this year, with Ethereum, Bitcoin, and XRP among the most affected, highlighting significant vulnerabilities in the sector. Crypto Industry...

Bitcoin Dips Below $60K Amid $9B Mt. Gox Repayments, Whale Activity Intensifies

Bitcoins price fell below the $60,000 mark on July 3 amid $9 billion in Mt. Gox repayments and intensified whale activity, signaling potential extended price consolidation. Bitcoins Downward Trend Continues, Dipping...

Nigerian Trader Returns $14K in Solana, Reinstating Trust in Crypto Community

A Nigerian cryptocurrency trader, Femi Akinola, has restored confidence in the crypto community by returning 90 Solana tokens worth $14,000 a foreign trader mistakenly sent him. Femi Akinolas $14K Solana Return Sparks...

Digital Currency