Year: 2025
134 million tons of textiles will be wasted annually by the end of the decade. What if we could recycle it instead?
When polyester was invented, the goal was to create a durable and resistant fabric that could retain its colour and shape — without wrinkles. Almost 85 years later, polyester is everywhere. According to standards body Textile Exchange, polyester is the clothing industry’s most popular fabric. About 49% of clothing contains the synthetic fabric. Unfortunately, polyester […]
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Trump signs executive order establishing U.S. strategic bitcoin reserve
AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images President Donald Trump signed an executive order on Thursday creating a Strategic Bitcoin Reserve, […]
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SpaceX loses control of Starship in space in testing failure
The Super Heavy booster returns to its launch pad after the SpaceX Starship spacecraft continued to space following its launch on its eighth test at the company’s Boca Chica launch pad in Brownsville, Texas, U.S., March 6, 2025. Joe Skipper | Reuters SpaceX lost contact with its Starship rocket in space on Thursday during the […]
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Social media chatter about Thailand pops 60% following ‘White Lotus’ premiere
Social media conversations about traveling in Thailand rose 60% after the premiere of the third season of “The White Lotus” on Feb. 16. The data measured social media chatter during the three days before and after the show’s airing, according to social media analytics company Sprout Social. The Emmy-winning HBO series is expected to draw […]
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Stock futures rise after Thursday’s big sell-off; big jobs report looms: Live updates
Traders work on the New York Stock Exchange (NYSE) floor on March 03, 2025 in New York City. Spencer Platt | Getty Images Stock futures were higher on Thursday evening as traders sought to look past U.S. trade policy worries that have rattled the market this week. They also looked ahead to a big payrolls […]
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Trump blames ‘globalists’ for stock market sell-off
U.S. President Donald Trump speaks in the Oval Office, on the day he signs executive orders, at the White House in Washington, D.C., U.S. March 6, 2025. Evelyn Hockstein | Reuters Major stock indices dropped sharply this week, as rattled investors struggled to get a handle on President Donald Trump’s sweeping and shifting tariff policies. […]
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Walgreens to go private in roughly $10 billion deal with Sycamore Partners
The Walgreens logo is displayed at a Walgreens store on October 15, 2024 in San Rafael, California. Justin Sullivan | Getty Images Struggling drugstore chain Walgreens is going private. The company on Thursday said it inked a deal with private equity firm Sycamore Partners that will take it off the public market for an equity […]
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Broadcom shares soar 16% as earnings top estimates on demand for custom AI chips
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported first-quarter earnings on Thursday that topped analysts’ expectations, and the chipmaker offered strong guidance for the current quarter. The stock jumped 16% in extended trading. Here’s how the company did versus LSEG consensus estimates: Earnings per share: $1.60 adjusted vs. $1.49 expected Revenue: $14.92 billion […]
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Oracle’s Federal Electronic Health Record experienced a nation-wide outage
Jaque Silva | Nurphoto | Getty Images Oracle’s Federal Electronic Health Record experienced a nation-wide outage on Tuesday, the Department of Veterans Affairs confirmed to CNBC. The agency said “all users” of the company’s Federal EHR, including the VA, the Department of Defense, the U.S. Coast Guard and the National Oceanic and Atmospheric Administration, were […]
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Stocks making the biggest moves after hours: Gap, Broadcom, Hewlett Packard Enterprise, Samsara and more
Check out the companies making headlines in extended trading. Hewlett Packard Enterprise — Shares tanked 17% in extended trading. Hewlett Packard Enterprise issued weak guidance for the fiscal second quarter, calling for adjusted earnings to range from 28 cents to 34 cents per share on revenue between $7.2 billion and $7.6 billion. Analysts polled by […]
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