Phoenix-based Honeywell Aerospace Technologies is set to become a separate entity as part of Honeywell International’s plan to split its businesses into three publicly traded companies. The aerospace business, based in Arizona, will be separated from the automation unit and is expected to be completed by mid-2026. As Arizona’s second-largest defense contractor, Honeywell Aerospace has … Read more
The Bank of England has cut interest rates from 4.75% to 4.5%, marking the lowest level in over 18 months. This move could reduce borrowing costs but also lower returns on savings. Borrowers who currently face higher monthly payments due to rising interest rates will see some relief. However, those with mortgage terms ending soon … Read more
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President Trump has expressed his intention to use the federal Department of Transportation to “kill” congestion pricing, a plan designed to reduce traffic in Manhattan by charging drivers a $9 fee to enter the area below 60th Street. The president claims that the program is deterring people from coming into Manhattan and vows to eliminate … Read more
The Cook Islands government has signed a “strategic” deal with China, which has sparked anger from New Zealand. The nature and terms of the agreement are not publicly disclosed, but concerns have been raised about potential implications for regional stability. Source: https://www.ft.com/content/c74fb66e-b9e7-4063-91d3-d4795a6d6187
US payment system in crisis as Elon Musk considers involvement. The US payment system is facing uncertainty after Elon Musk expressed interest in taking control of it. No clear plans have been announced, but experts warn that a private takeover could lead to financial instability. A recent request from ADVOCAP, a social-services provider in Wisconsin, … Read more
A rare celestial event is happening on February 9, 2025. The almost full Moon will pass close to the bright planet Mars in the sky, with both objects shining within half a degree of each other. This conjunction can be viewed live online by anyone with an internet connection. The Virtual Telescope Project has organized … Read more
US President Donald Trump has announced plans to impose tariffs on all steel and aluminum imports into the US, including those from Mexico and Canada. This move triggered a downturn in the cryptocurrency market, with Bitcoin (BTC) and Ethereum (ETH) slipping 0.80% and 1.75%, respectively. The tariffs, which include a 25% tariff on all steel … Read more
Researchers have identified a common genetic basis for eight different psychiatric conditions, including autism, ADHD, schizophrenia, and bipolar disorder. A new study found that these conditions share a set of genes that are active during brain development and can impact multiple stages of brain growth. According to the study’s lead author, Hyejung Won, the proteins … Read more
Pop superstar Taylor Swift was subjected to a harsh welcome at the Super Bowl on Sunday as she watched her boyfriend Travis Kelce and the Kansas City Chiefs take on their arch-rivals, the Philadelphia Eagles. The heavily pro-Eagles crowd booed Swift when her image appeared on the video boards during a break in the first … Read more