Month: August 2023
Ukraine expects difficult but profitable talks in Saudi Arabia
Media delegates watch Ukraine’s President Volodymyr Zelenskyy addressing the Arab League Summit in Jeddah on May well 19, 2023. Fayez Nureldine | Afp | Getty Illustrations or photos Talks starting up Saudi Arabia this weekend to uncover a tranquil settlement to conclusion Russia’s war in Ukraine will be difficult, but Kyiv is counting persuading much […]
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Domestic carriers are reducing airfare in an exertion to retain vacationers in the U.S., suggests journey skilled
Hosted by Brian Sullivan, “Last Call” is a rapidly-paced, entertaining organization clearly show that explores the intersection of income, tradition and policy. Tune in Monday via Friday at 7 p.m. ET on CNBC. Resource
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Meta’s Threads will quickly have research and world wide web features, Zuckerberg claims
Thilina Kaluthotage | Nurphoto | Getty Visuals Meta’s Twitter-like Threads application will quickly get a research function and be obtainable to access by using the world wide web. In a Threads post on Friday, Meta CEO Mark Zuckerberg claimed the new attributes will be “coming in the future several weeks.” “A excellent week for Threads,” […]
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Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive
An Astra Spacecraft Engine during testing. Astra Struggling space company Astra is cutting 25% of its workforce, the company announced on Friday, and restructuring to focus more on its spacecraft engine business, which will delay progress on the small rocket it has been developing. Astra is cutting about 70 employees, as well as reallocating about […]
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Softbank sues social media startup it invested in, alleging it faked person quantities
In the course of a latest earnings presentation, SoftBank Founder Masayoshi Son (pictured in this article in 2019) reported the firm will go into “protection” mode as a result of myriad headwinds that have roiled international markets. Tomohiro Ohsumi | Getty Photos Softbank’s Vision Fund filed suit versus the founders of 1 of its portfolio […]
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Apple shares fall most because Sept. 2022 immediately after 3rd quarter earnings report
Apple CEO Tim Prepare dinner listens as U.S. President Joe Biden speaks through a roundtable with American and Indian organization leaders along with in the East Space of the White Household on June 23, 2023 in Washington, DC. Anna Moneymaker | Getty Illustrations or photos Apple shares fell 4.8% on Friday, the working day after […]
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Decide narrows case in Google antitrust suits introduced by states and DOJ
Google CEO Sundar Pichai testifies ahead of the Property Judiciary Committee at the Rayburn Residence Place of work Constructing on December 11, 2018 in Washington, DC. Alex Wong | Getty Images A federal decide narrowed the scenario that states and the Division of Justice can make in the antitrust demo versus Google commencing in September, […]
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JPMorgan backs off recession phone even with ‘very elevated’ challenges
JPMorgan Chase economists on Friday bailed on their recession connect with, signing up for a escalating Wall Avenue refrain that now thinks a contraction is no for a longer period unavoidable. When noting that risks are however substantial and advancement forward is probably to be gradual, the bank’s forecasters imagine the knowledge move indicates a […]
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Florida State University taps JPMorgan to help find potential investors
The Westcott Building on the campus of Florida State University, Tallahassee, Florida. Education Images | Universal Images Group | Getty Images Florida State University has been working with JPMorgan as it explores options to bring in funding from institutional investors, according to a person familiar with the matter. The discussions have been ongoing in recent […]
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