Debt sales by banks tied to Elon Musk’s 2022 Twitter buyout reached $5.5 billion, signaling a rise in Wall Street confidence in the social media platform. Higher demand and pricing boosts indicate that investors view X more positively, particularly after Musk’s recent involvement in Washington politics. Morgan Stanley-led banks sold debt at a rate of … Read more
The UK’s economic stagnation is forecast to extend into the first part of this year, leaving policymakers with a challenging situation. A surprise half percentage point cut in interest rates was announced today, marking another step in efforts to boost growth. However, experts warn that stagnant economy may be accompanied by sharper inflationary risks due … Read more
NASA is launching the PUNCH (Predicting Understanding of Neutral Clouds with High-resolution Imaging Compressible Navier Stokes) mission, a key step towards improving solar weather forecasting. This mission aims to provide crucial data on neutral clouds in the solar corona, which can impact Earth’s magnetic field and space weather events. Source: https://aviationweek.com/space/space-exploration/nasas-punch-mission-inform-future-solar-weather-forecasting
The Brewers Association has joined other trade associations in signing a letter supporting the repeal of the Corporate Transparency Act (CTA), which would eliminate the burdensome beneficial ownership reporting requirement for small and independent breweries. The CTA, set to go into effect in January 2025, requires businesses to report their beneficial ownership information to the … Read more
A severe flu season has hit the US, claiming dozens of children’s lives nationwide. The Carolinas are among the top states in terms of high flu numbers, prompting doctors to warn of a deadly combination between the flu virus and bacterial infections. According to Dr. Amina Ahmed, Medical Director of Pediatric Infectious Diseases and Immunology … Read more
Chappell Roan sparked controversy after her speech at the recent Grammy Awards, where she criticized record labels for not providing adequate support to their artists. Roan, who won Best New Artist, spoke about her own experience being dropped by Atlantic Records in 2020 and having to start from scratch. Roan called on record labels to … Read more
The US government has announced its intention to appeal a recent court decision blocking the implementation of the Corporate Transparency Act (CTA). The law aims to increase transparency in financial dealings among companies. The CTA, which was introduced as part of the Bipartisan Budget Act of 2018, requires businesses with $20 million or more in … Read more
Subaru has unveiled the 2025 Forester Hybrid, boasting a 2.5-liter Atkinson-cycle four-cylinder engine, two electric motors, and a 0.7-kWh lithium-ion battery. The hybrid version of the compact SUV achieves better fuel economy than its nonhybrid counterpart, with an estimated 35 mpg combined versus up to 29 mpg combined. Priced starting at $36,415 for the Premium … Read more
A strike by thousands of King Soopers employees began Thursday, with over 10,000 workers in the Front Range involved in the walkout. The union, United Food and Commercial Workers Local 7, claims the company has engaged in unfair labor practices, including surveilling discussions between workers and union reps. The strike is over inadequate staffing, which … Read more
Looking for a smartwatch deal? CNET has searched the web to find exceptional offers on Samsung Galaxy Watches, including new and previous-gen models. Whether you want to treat yourself or get a gift for your partner, now is the perfect time to upgrade. The best current deal is the Galaxy Watch 7, available at Best … Read more