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EU Is Investigating Meta For Possible Child Safety Hazards

Walmart Raises Its Profit And Sales Projection For The Full Year

Walmart's Optimistic Outlook Suggests A Tenacious Customer Base

ECB Believes Additional Regulations May Be Necessary For Usage Of AI In Finance

Insiders Claim Musk's Neuralink Has Had Problems With Its Small Wires For Years

Musk Is Pushing For Tesla's AI Goals To Be Powered By China Data

Low Pricing Strategy Employed By Chinese Retailer JD.Com Helps Sales Surpass Projections

As Dealmaking Increases, Goldman Sachs Seeks To Broaden Its Private Equity Credit Lines

GameStop Falls Amid Preparations For A Capital Increase Following This Week's Meme Stock Craze

Companies
Streaming Firms Outperform As Amazon Leads Falls In The Discretionary Segment

Streaming Firms Outperform As Amazon Leads Falls In The Discretionary Segment

The Wall Street Journal reported that Amazon is planning an advertising-supported tier for its Prime Video streaming service and is in discussions with Warner Bros. Discovery and Paramount about offering ad-supported tiers of those streaming services through Amazon Prime Video Channels. This news...
Brown-Forman, Manufacturer Of Jack Daniel's Whisky, Exceeds Sales Projections Driven By Increasing Prices And Consistent Demand

Brown-Forman, Manufacturer Of Jack Daniel's Whisky, Exceeds Sales Projections Driven By Increasing Prices And Consistent Demand

Benefiting from increased prices as well as consistent demand for its alcoholic beverage brands, including Jack Daniel's whisky, Woodford Reserve bourbon and el Jimador tequila, Brown-Forman Corp. on Wednesday exceeded Wall Street projections for quarterly revenue.   Early trading saw an...
Beijing Receives A Promise From Citigroup CEO To Continue China Expansion

Beijing Receives A Promise From Citigroup CEO To Continue China Expansion

In response to Beijing's efforts to draw in more foreign capital, Citigroup CEO Jane Fraser stated the bank will continue to grow its operations in China during her first visit to the nation this week as the head of the U.S. company.   The National Financial Regulatory Administration (NFRA)...
Vodafone, And Hutchison Will Announce Merger In The UK Very Soon

Vodafone, And Hutchison Will Announce Merger In The UK Very Soon

Vodafone and CK Hutchison are close to reaching an agreement to combine their British operations, and an announcement may come as soon as this Friday or early next week, according to a report from Reuters citing three sources.   On Wednesday, shares of Vodafone rose 3% in response to the...
Apple's 'Reality Pro' Platform Will Be Worth $20 Billion, Says Morgan Stanley As It Raises Its Apple’s Target To $190

Apple's 'Reality Pro' Platform Will Be Worth $20 Billion, Says Morgan Stanley As It Raises Its Apple’s Target To $190

Morgan Stanley, a financial services company, increased its price target for Apple to $190 in anticipation of the company releasing a category-defining AR and VR headset and so significantly expanding the market.   According to Morgan Stanley, its overall projection model for the company now...
Walmart Restates Its Intention To Double Global Gross Merchandise In Five Years

Walmart Restates Its Intention To Double Global Gross Merchandise In Five Years

A top Walmart official stated on Friday that the company still aims to quadruple the amount of gross product volume it sells in international markets to $200 billion in five years, despite the continued uncertainty surrounding the global economy.   Gross merchandise volume (GMV) is a metric...
Stocks Of Softbank Get A Hike In The AI Chip Craze Prior To Arm’s IPO

Stocks Of Softbank Get A Hike In The AI Chip Craze Prior To Arm’s IPO

Shares of SoftBank Group Corp. increased 5% in early Friday trading as the technology investor—which is contemplating an IPO of chip designer Arm—got sucked into a buying frenzy for equities in the semiconductor and AI industries.   The Japanese conglomerate's shares have increased 17% since...
The Head Of Trust And Safety At Twitter Has Reportedly Resigned

The Head Of Trust And Safety At Twitter Has Reportedly Resigned

Ella Irwin, the head of trust and safety at Twitter, announced her resignation to Reuters on Thursday. Since billionaire Elon Musk acquired the social media platform in October, the firm has come under fire for its inadequate measures to block harmful information.   When Yoel Roth quit as...
Singapore's Temasek Lowers Salaries For Employees In Charge Of FTX Investments

Singapore's Temasek Lowers Salaries For Employees In Charge Of FTX Investments

Temasek Holdings, a Singaporean state investor, announced on Monday that it had reduced compensation for both the top management group and the team that proposed Temasek's participation in the now-bankrupt FTX bitcoin exchange.   The action was taken about six months after Temasek began an...
Twitter Withdraws From The EU's Voluntary Anti-Fake News Code

Twitter Withdraws From The EU's Voluntary Anti-Fake News Code

According to the European Union, Twitter has left the voluntary code in an effort to combat misinformation. The EU's internal market commissioner, Thierry Breton, tweeted the news, but he also cautioned that the strict new standards would need compliance.   "Obligations remain. You can run...
7%+ Increase In Ford And Tesla Stocks Following Superchargers Agreement

7%+ Increase In Ford And Tesla Stocks Following Superchargers Agreement

After the second largest automaker of the United States revealed a pact allowing its electric-vehicle owners to access competitor Tesla Inc's charging stations in North America, Ford Motor Co shares increased by more than 7% on Friday.   According to Ford CEO Jim Farley, Tesla's...
Following Fraud, A Billionaire From Georgia Wins $926 Million From Credit Suisse

Following Fraud, A Billionaire From Georgia Wins $926 Million From Credit Suisse

In one of the largest legal judgements against the bank, Credit Suisse was ordered by a Singapore court to pay the former prime minister of Georgia $926 million for losing some of his fortune.   In the most recent setback for the struggling bank, which is being taken over by UBS, Singapore's...
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World

Global Warming Causes The First 12-Month Period Above 1.5C

Global Warming Causes The First 12-Month Period Above 1.5C
According to the European Union's climate change monitoring service, the world just had its warmest January on record, making it the first 12-month period in which average temperatures were more than...

2023 Was The Second-Warmest Year Ever For The UK

2023 Was The Second-Warmest Year Ever For The UK
The national weather service of the United Kingdom, Met Office, announced that 2023 was the second-warmest year on record for Britain. This finding highlights the increasing influence of human-caused...

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels

Fury And Dissatisfaction As The COP28 Draft Language Leaves Out The Phase-Out Of Fossil Fuels
On the last day of the global conference, the proposed language for a COP28 climate agreement that does not call for the phase-out of fossil fuels has come under heavy fire from influential figures,...

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds

Brazil Joins The Global Climate Accord To Increase Renewable Energy Usage By Three Folds
Brazil has joined a potential agreement supported by the United Arab Emirates, the United States, and the European Union to treble the amount of renewable energy produced globally by 2030 and move...

The Rise of India and the Decarbonisation of its Economy

The Rise of India and the Decarbonisation of its Economy
Ranked 14th in the world for gas consumption in 2022, with a growing dependence on imports, India plans to further increase its use of LNG. This appetite stems from both the economic development of...

People

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million
A New York judge ruled in the former president's civil business fraud trial on Friday, ordering him to pay a total of approximately $454 million in penalties.   According to an attorney...

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues

Survey Finds 80% Employees In Asia Face Moderate To High Risk For Mental Health Issues
Employees in Asia are under "significant mental health strain," with 82% at moderate to high risk of being depressed.   According to a recent study by insurance broker Aon and TELUS Health,...

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail

The Way Bankman-Fried Of FTX Obtained A $250 Mln Bail
On Thursday, FTX founder Sam Bankman-Fried agreed to a bail deal that would see him released on a $250 million bond secured against his parents' property, with movement restrictions.  ...

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool

Majority Of Elon Musk’s Twitter Followers Do Not Want Him As Twitter Chief, Shows A Musk-Conducted Pool
Less than two months after taking over as CEO of the social media platform, Elon Musk faced backlash from Twitter users who voted in a poll for him to resign.   According to the poll the...