Month: September 2023
How the weight loss boom could impact the real estate market
On its surface, the use of weight loss drugs may seem like it has little to do with the demand for office space, shopping malls and apartment buildings. But Jefferies analyst Jonathan Petersen begs to differ. He speculated that a more fit population would have a host of different habits that could ripple through the […]
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Underground climate change: How heat is trapped under the surface, threatening buildings
Cloud Gate, known as The Bean, is seen at AT-and-T Plaza at Millennium Park in Chicago, United States, on October 14, 2022. Beata Zawrzel | Nurphoto | Getty Images On a recent tour underneath Chicago’s iconic skyline, Alessandro Rotta Loria, an assistant professor of civil and environmental engineering at Northwestern University, pointed out one of […]
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Barry Diller rips WGA deal with studios, suggests fair use requires to be redefined to tackle AI
Slamming the tentative labor deal involving Hollywood writers and studios, media mogul Barry Diller on Tuesday laid out his most important bone of competition with generative artificial intelligence. Diller, chairman of IAC and Expedia, called for the legislation to be redefined to defend printed materials from capture in synthetic intelligence know-how-bases. “Truthful use desires to […]
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SoftBank-backed Unbelievable slashes losses by 85%, suggests pivot to the metaverse has paid out off
Herman Narula, co-founder and CEO at Improbable, speaks during a session at the World wide web Summit in Lisbon. Henrique Casinhas | Sopa Photographs | Lightrocket | Getty Images Virtual reality startup Inconceivable reported Wednesday that it reduced losses by 85% in 2022, a 12 months that observed the firm pivot its focus to powering […]
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Armenia warns of ‘ethnic cleansing’ as countless numbers flee the Nagorno-Karabakh enclave
Armenian police officers walks around refugees as they queue in autos around the border city of Kornidzor, arriving from Nagorno-Karabakh, on September 26, 2023. Alain Jocard | Afp | Getty Images 1000’s of ethnic Armenians on Tuesday fled their residences in the breakaway enclave of Nagorno-Karabakh, as Armenia’s prime minister, Nikol Pashinyan, publicly blamed Russia […]
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FTC and 17 states sue Amazon on antitrust prices
Amazon CEO Andy Jassy speaks through the New York Situations DealBook Summit in the Appel Space at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Visuals The Federal Trade Fee has submitted its lengthy-expected antitrust lawsuit in opposition to Amazon. In a sweeping complaint unveiled […]
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Working women spend $15.4 billion more than men in out-of-pocket health costs, study finds
Luis Alvarez | Digitalvision | Getty Images High health care costs are hitting women in the U.S. workforce much harder than men. Working women spend $15.4 billion more in out-of-pocket health expenses annually compared to their male counterparts, according to a new analysis of employer-sponsored health plans from Deloitte Consulting. The study found women spend […]
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Hunter Biden sues former Trump attorney Rudy Giuliani in excess of notorious notebook
Hunter Biden, son of U.S. President Joe Biden, departs federal court following a plea listening to on two misdemeanor fees of willfully failing to spend cash flow taxes in Wilmington, Delaware, July 26, 2023. Jonathan Ernst | Reuters Hunter Biden on Tuesday sued previous Trump lawyer Rudy Giuliani, his firms and an additional attorney more […]
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Sales of newly built homes reverse course, drop nearly 9% in August
Sales of newly built homes fell 8.7% in August from July, to a seasonally adjusted annualized pace of 675,000 units, according to the U.S. Census Bureau. That is the slowest pace since March. Sales were still 5.8% higher than August 2022. The Census count is based on signed contracts during the month, and mortgage rates […]
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JPMorgan’s United kingdom electronic bank blocks consumers from getting crypto
Signage outdoors a Chase lender branch in San Francisco, California, on Monday, July 12, 2021. David Paul Morris | Bloomberg | Getty Photographs Chase United kingdom, the British challenger lender brand of JPMorgan, has blocked consumers in the U.K. from obtaining crypto assets. The business stated in a statement Tuesday that, starting Oct. 16, Chase […]
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