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Barbie Movie Surpasses $1 Billion, Shattering Records for Female Directors

Greta Gerwig’s Barbie Crosses $1 Billion At Box Office Record For Solo Woman Director. The movie based on the famous doll has raked in more than a billion dollars at the global box office, making it only the second picture to hit that mark this year. It also makes it the first film directed by a single woman to reach that milestone, surpassing the previous record set by Wonder Woman

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JPMorgan Chase Stops Processing Its Grain Payments to Russia

U.S. bank JPMorgan (JPM.N) this week stopped processing payments for the Russian Agricultural Bank, Russia said on Friday, as it demanded action, not promises, from Washington to help Russian grain and fertilizer reach global markets. The bank had handled some Russian grain export payments for the past few months with reassurances from Washington. However, that cooperation was “closed on Aug 2,” the Foreign Ministry said. “JPMorgan cannot ignore the consequences

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Yeezy Helps Adidas Turn a Corner as Margins Improve

Adidas delivered further signs that its turnaround is gathering pace on Thursday as the sportswear giant sought to shift focus onto its strategy and away from its sell-down of remaining Yeezy shoes. The German company said it would slash its operating loss forecast to around EUR700 million this year, down from the previous estimate of a EUR1.2 billion loss. Adidas shares, up 1.8% by 1000 GMT, have gained 40% since

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Kenyan Authorities Halt Worldcoin Crypto Project over Privacy Concerns

On Wednesday, Kenya’s interior ministry said it had suspended the local activities of the cryptocurrency project Worldcoin while government agencies assess potential risks to public safety. The project launched last week and requires users to give their iris scans in exchange for a digital ID. In some countries, users also get free cryptocurrency as part of plans to create a new “identity and financial network.” The idea behind the project

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Emerson Sees Strong Demand for Industrial Automation in 2023

On Wednesday, U.S. engineering and industrial software firm Emerson raised its fiscal 2023 forecast as companies increase spending on automation in response to a tight labor market. Emerson’s shares rose 3.9% in premarket trading. The company’s new growth forecast is based on a more robust outlook for North American sales and earnings and increased demand for its industrial automation systems. The maker of sensors and controls said it expects revenue

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Cardi B Listed As Suspect In Battery Case

Days after a video of rapper Cardi B throwing her microphone at a concertgoer who tossed their drink at the rapper onstage went viral, the US police said that they had started a battery investigation. The Las Vegas Metropolitan Police Department on Monday said that a woman had contacted them to report a battery, according to Page Six. Cardi B threw her microphone at the female audience member while she

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An American Fugitive Who Faked Death Can Be Extradited to the U.S.

An American fugitive accused of faking his death to avoid a rape charge in Utah can be extradited to the U.S., a judge in Scotland ruled Wednesday. The 35-year-old man — identified in court as Nicholas Rossi but who insists on using the name Arthur Knight — has been in prison since his bail was revoked in December 2021 and has fought his return ever since. Rossi has been appearing

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US Inflation Shows Signs of Peaking, But Still Too High

Inflation in the United States rose at its slowest pace in more than two years last month, a sign that a series of interest rates have punctured soaring price rises. The annual inflation rate slowed to 3.1% in June, down from 4% in May, according to the latest data from the Labor Department. Inflation in so-called core prices — a measure that excludes volatile food and energy costs — fell

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Tesla Executives Meet with Indian Officials to Discuss Market Entry

Two senior Tesla executives — the company’s public policy and business development executive Rohan Patel and its vice president for supply chain, Roshan Thomas — met with officials from India’s investment promotion arm in New Delhi on Thursday, the sources said, asking not to be identified as the talks were private. Invest India CEO Nivruti Rai, a former Intel executive hosted them. Tesla and Invest India declined to comment. The

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Critical Recess: Lawmakers Brace for High-Stakes September and Potential Shutdown

As Congress members depart for their August recess, they leave behind a critical and pressing issue that threatens the nation’s stability: the looming possibility of a government shutdown. With September approaching, the urgency to address funding and legislative matters has never been more apparent. The country stands at a crossroads, and the decisions made in the coming weeks will undoubtedly shape its future trajectory. This article delves into the implications

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US Accuses Russia of Unsafe Aerial Maneuvers over Syria

A second Russian aircraft flew “dangerously close” to a U.S. drone over Syria this week, just days after a Russian jet damaged another U.S. drone above the war-torn country, the White House said on Wednesday. “We have seen the early reports of a second Russian fighter aircraft this week flying dangerously close to our drone on a defeat ISIS mission,” White House spokesperson Karine Jean-Pierre told reporters in a press

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Facebook Users, You Have 1 Month Left to Claim $725 Million Settlement

Millions of Facebook users in the United States can apply for their share of a $725 million privacy settlement that the social media platform’s parent company Meta agreed to pay last year. The payment is part of a class-action lawsuit over the company’s alleged unauthorized sharing of user data with third parties. Facebook revealed the problem in 2018 after it became public that a third party had harvested up to

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US-Taiwan Defense Ties Deepen as Island Mulls NASAMS Purchase

Taiwan is looking to buy National Advanced Surface-to-Air Missile Systems, or NASAMS, from the United States, has seen how well they work in Ukraine, the island’s defense minister said on Tuesday. The system is a networked short- to medium-range ground-based air defense solution that protects against drones, cruise missiles, and manned aircraft. It is jointly developed and manufactured by Kongsberg Defence & Aerospace of Norway and Raytheon Technologies of the

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Whales Die in Mass Stranding on Scottish Beach, Cause Unknown

Over 50 pilot whales have died after mass stranding on a Western Isles beach. The British Divers Marine Life Rescue charity (BDMLR) said the animals washed up on the Isle of Lewis in the Outer Hebrides. Only 15 of the approximately 55 beached whales were still alive when rescue teams arrived. The charity was alerted at around 7 am this morning to reports of multiple whales stranding on the coast

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Southern California Firefighters Brave Challenging Wildfires Amidst Sweltering Weather

In Southern California, brave firefighters are again on the front lines, battling relentless wildfires that have engulfed the region. As scorching temperatures exacerbate the already dangerous conditions, these dedicated men and women work tirelessly to protect lives, property, and the surrounding environment. One such harrowing scene unfolded on Friday, July 14, as firefighters watched flames encroach upon Gilman Springs Road during the Rabbit Fire. Let us delve into the efforts

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Chip Wars and China’s Tech Strategy

The sale of struggling Silicon Valley startup zGlue’s patents in 2021 was unremarkable except for one detail: The technology it owned, designed to cut the time and cost of making chips, showed up 13 months later in the patent portfolio of Chipuller, a startup in China’s southern tech hub Shenzhen. Chipuller purchased chipset technology, a cost-efficient way to package groups of small semiconductors to form one powerful brain capable of

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Baking Under the Sun: The Sweltering Heatwave Engulfs the US Southwest, with No Relief in Sight

The Southwest sweltered for another day, baking for a summer heat wave that has set records and prompted health warnings and strained power grids. The sweltering conditions will worsen over the weekend and continue into next week. Across a vast swath of the United States stretching from California to South Florida, over 100 million people are under excessive heat advisories, watches, and warnings. A ridge of hot air, or “heat

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Wipros $1 Billion AI Investment Signals Commitment to the Future

Indian IT services provider Wipro Ltd (WIPR.NS) said on Wednesday it planned to invest $1 billion into artificial intelligence (AI), focusing on expanding AI, big data, and analytics solutions. The company will also develop new research and development platforms, it added in an exchange filing. The announcement comes almost a week after rival Tata Consultancy Services (TCS.NS) said it planned to train 25,000 engineers to get them certified on Microsoft’s

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Tragic Crash in Illinois Claims Three Lives and Leaves Fourteen Injured

In the early hours of Wednesday, a devastating collision occurred in southern Illinois, resulting in losing three lives and injuring fourteen individuals. The accident involved a Greyhound bus and multiple commercial vehicles, according to state police. The incident unfolded amidst the darkness of the night as the Greyhound bus, carrying passengers on their journey, collided with several commercial vehicles on a stretch of highway in southern Illinois. The force of

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Shawn Johnson East Is Pregnant With Her Third Child!

She announced on Instagram that former Olympic gymnast Shawn Johnson East is pregnant with her third child. The 31-year-old posted a photo of herself sitting at an ancient stadium in Greece, with the Olympic rings visible behind her. She is cradling her growing baby bump in a black dress. “Swipe for a surprise ☺️,” Johnson East wrote in the caption. “Baby number 3 is coming this fall!” Johnson East and

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Chinas Online Travel Agency to Pay Employees 1 Billion Yuan to Have Kids

The company, one of the world’s largest online travel agencies, with 400 million users, said it would pay a parental cash subsidy of 10,000 yuan annually for five years for every child born to its employees worldwide. The program will cost about 1 billion yuan, the company said. China’s government is stepping up efforts to encourage families to have children as it grapples with a shrinking workforce and increased social

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Tom Cruise’s Mission Impossible Dead Reckoning First Reactions Out

Tom Cruise has once again wowed the world with his jaw-dropping stunts. The Hollywood superstar has returned with the seventh installment of his Mission Impossible franchise, and the first reactions are out. Critics have unanimously given a thumbs up to the feature. According to the reviews, the film is ‘fantastic’ with some of the best action sequences in the history of movies. It also boasts a ‘fantastic’ story and some

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