US economy grows as presidential campaign heats up
Economic growth in the US increased this spring, raising hopes of controlling inflation without a severe slowdown. The economy grew by 2.8% from April to June, thanks to strong consumer…
Luxury Brands Struggle as Chinese Shoppers Spend Less
China’s Economic Slowdown Hurts Luxury Brands China’s economic slowdown and government crackdown on displays of wealth are hurting top luxury brands. LVMH, a major luxury group, reported a 14% drop…
Why Tech Enthusiasts are Supporting Trump
Why Tech Leaders are Supporting Trump Donald Trump, once shunned by many in the business world, is gaining new support from tech leaders as he plans to return to the…
Ex-Chancellor Zahawi Considering Buying the Telegraph
Former Chancellor Nadhim Zahawi is thinking about buying the Telegraph newspapers and Spectator magazine. Zahawi, who recently left his position as a Conservative MP, is looking for financial support to…
Musk Announces Tesla Will Use Humanoid Robots Next Year
Elon Musk says Tesla will start making and using humanoid robots next year. In a post on social media, Musk mentioned that these robots, named Optimus, will first be used…
Japan Drug Company Executives Step Down as Firm Investigates Deaths
Two top bosses at Kobayashi Pharmaceutical in Japan have resigned as the company looks into 80 deaths that might be connected to its products. The company announced that Akihiro Kobayashi,…
CrowdStrike Shares Fall Again Due to Ongoing IT Issues
Shares of cybersecurity company CrowdStrike fell over 13% due to a global IT outage. Chief Security Officer Shawn Henry called it a “gut punch” for the company, which was once…
UK flights to face more delays after IT problems
Massive IT outages on Friday caused widespread disruptions to flights across the UK, and these delays and cancellations are expected to continue through the weekend. Although airports report that their…
Major Tech Failure Hits Airlines, Media, and Banks
A massive tech failure has hit banks, media outlets, and airlines worldwide, causing major disruptions. Australia is facing severe issues with grounded flights, chaotic checkout systems in supermarkets, and broadcast…
Dinosaur skeleton sold for record $44.6 million at auction
A huge dinosaur skeleton, called Apex, was sold for a record $44.6 million at a Sotheby’s auction in New York City, making it the most expensive fossil ever sold. Apex,…