President-elect Donald Trump’s inauguration committee has received seven-figure checks from major corporations, including Ford, General Motors, Stellantis, Stanley Black & Decker, and Apple’s Tim Cook. Despite these donations, companies may face disruption due to new tariffs proposed by Trump. Trump’s trade policies aim to protect US businesses and create jobs but economists warn that new … Read more
Cash App’s parent company, Block, has agreed to pay a nine-figure fine of up to $120 million to settle allegations that it failed to combat fraud on its platform. The Consumer Financial Protection Bureau (CFPB) ordered Block to return the funds to users and pay a $55 million fine for failing to investigate customer complaints … Read more
A rare meteorite has been caught on camera after it crashed outside a front door in Charlottetown, Prince Edward Island, Canada. The incident was recorded by home security-camera footage, showing a puff of smoke and the sound of an explosion. The meteorite is significant not only because it’s one of the few found in Canada … Read more
A junior culture minister has admitted that Elon Musk’s efforts led to fresh investigations into a decades-long scandal of widespread child rape by Pakistani men in British towns and cities. The Home Secretary announced an £5 million investment in local inquiries into the issue, which affects over 50 locations across Britain. Source: https://www.telegraph.co.uk/politics/2025/01/17/musk-forced-goverment-grooming-gangs-inquiry-chris-bryant
The Bill & Melinda Gates Foundation has awarded Micron Biomedical a $7.5 million grant to support a phase 2 clinical trial of its needle-free measles vaccine. This grant brings the total funding from the Gates Foundation to $43 million. The measles-rubella vaccine will be administered via Micron’s innovative “peel-and-stick” microarray technology, which allows for self-administration … Read more
American Express has agreed to pay $230 million to settle charges from the Department of Justice (DOJ) that it engaged in deceptive marketing and deficient recordkeeping practices when pitching its credit cards to small businesses. The company allegedly entered “dummy” account information, misrepresented rewards and fees, and failed to disclose whether credit checks would be … Read more
China’s economy grew 5% last year driven by surging manufacturing, according to official data. The fourth quarter saw a remarkable rebound, with growth of 5.4%, after slower growth in the third quarter. However, economists warn that this comes at a cost, citing entrenched deflation and weak consumer sentiment. The US tariffs imposed on Chinese goods … Read more
China’s economy expanded 5% in 2024, meeting Beijing’s official target of “around 5%”. The fourth-quarter gross domestic product grew 5.4%, beating estimates. However, analysts are still hoping for more policies to boost the country’s economy. The S&P 500 fell on Thursday, snapping its three-day winning streak, while Treasury yields retreated further on waning inflation fears. … Read more
Doctors at Martha’s Vineyard Hospital are warning Islanders to take extra precautions due to a predicted rise in norovirus cases. There have been six confirmed cases on the island so far, but hospital officials expect more as the illness typically appears in February or March. “We’ve seen an increase in cases already this year,” said … Read more
Washington Commanders quarterback Jayden Daniels has made a strong case as the presumptive rookie of the year, showcasing his composure and poise on the field. The 23-year-old’s ability to remain calm under pressure has been a defining characteristic throughout the season. Coach Dan Quinn describes Daniels as “iced up” when in command, highlighting his stoic … Read more