Month: May 2022
Sean Connery’s ‘James Bond’ Aston Martin DB5 is up for auction—and it could sell for nearly $2 million
If you’ve ever fantasized about giving supervillains the slip from behind the wheel of James Bond’s iconic Aston Martin – and you have some spare millions of bucks lying around – you could be in luck this summer. The 1964 Aston Martin DB5 personally owned by the late actor Sean Connery is hitting the auction […]
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Some investors got rich before a popular stablecoin imploded, erasing $60 billion in value
WASHINGTON — In May, the collapse of one of the most popular U.S. dollar-pegged stablecoin projects cost investors tens of billions of dollars as they pulled out in a panic that some have compared to a bank run. But before that, the stablecoin known as terraUSD (or UST, for short) and its sister token luna, […]
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Recession-fearing investors keep slashing the fastest-growing cloud stocks
Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in New York on Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Tech investors finally got some relief this past week, as the Nasdaq broke a seven-week losing streak, its worst stretch since the dot-com bust […]
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Help (mostly) wanted: A diverging job market boosts some workers’ prospects and puts others on notice
A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the U.S. labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more […]
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Zelenskyy says conditions in Donbas are ‘indescribably difficult’; Russian forces target Severodonetsk
Putin is inflicting ‘unspeakable suffering’ on Ukrainians in a bid to capture Severodonetsk, think tank says A man walks in front of a destroyed school in the city of Bakhmut, in the eastern Ukrainian region of Donbas on May 28, 2022. Aris Messinis | Afp | Getty Images The Institute for the Study of War, […]
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Real Madrid beats Liverpool 1-0 for 14th European Cup title
Real Madrid’s Karim Benzema, right, and Real Madrid’s Dani Ceballos celebrate winning the Champions League final soccer match between Liverpool and Real Madrid at the Stade de France in Saint Denis near Paris, Saturday, May 28, 2022. Real Madrid won 1-0. Kirsty Wigglesworth | AP Photo Real Madrid became European champion for a record-extending 14th […]
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‘Triangle of Sadness’ wins Palme d’Or at Cannes Film Fest
Writer/director Ruben Ostlund, winner of the Palme d’Or for ‘Triangle of Sadness,’ poses for photographers during the photo call following the awards ceremony at the 75th international film festival, Cannes, southern France, Saturday, May 28, 2022. Petros Giannakouris | AP Photo Swedish director Ruben Ostlund’s class warfare comedy “Triangle of Sadness” won the Palme d’Or […]
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This government lab in Idaho is researching fusion, the ‘holy grail’ of clean energy, as billions pour into the space
This is a close up view of an X-ray Photoelectron Spectroscopy system being used at the Idaho National Lab measuring surface chemistry on a potential candidate material to use for fusion. Masashi Shimada has been researching nuclear fusion since 2000, when he joined the graduate program at University of California San Diego. He’s currently the […]
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Start-up investors are warning of dark days ahead as boom times are ‘unambiguously over’
Sean Gladwell | Moment | Getty Images Slow your hiring! Cut back on marketing! Extend your runway! The venture capital missives are back, and they’re coming in hot. With tech stocks cratering through the first five months of 2022 and the Nasdaq on pace for its second-worst quarter since the 2008 financial crisis, start-up investors […]
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Space stocks had a rough first quarter as several companies struggled with supply chain disruptions
Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Space companies reported results for the first quarter of the year over the past several weeks – with many CEOs complaining of supply chain disruptions pushing back hardware deliveries and launch schedules. “Everyone’s getting […]
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