Nebraska has become the latest state to take action against cryptocurrency scams, with Governor Jim Pillen signing a new law aimed at protecting users of Bitcoin ATMs and other electronic kiosks. The Controllable Electronic Record Fraud Prevention Act, also known as LB609, was signed into law on Wednesday. The law requires electronic kiosk operators to … Read more
Donatella Versace has been named chief brand ambassador of her eponymous fashion house following the death of her brother Gianni, who co-founded the brand 28 years ago. Dario Vitale will take over as chief creative officer starting April 1. Vitale was previously Miu Miu’s ready-to-wear design director and left the company in January. His appointment … Read more
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman as the central bank’s next vice chair for supervision, according to a person familiar with the matter. The move comes after Michael Barr resigned earlier this year, and avoids a potential conflict between Trump and Biden. Bowman will fill the post vacated by … Read more
Intel’s stock price is on the rise as investors see a glimmer of hope for a rescue. According to Reuters, Taiwan Semiconductor Manufacturing Co. (TSMC) has approached several major semiconductor companies, including Nvidia and Broadcom, about forming a joint venture with Intel. The proposed arrangement would involve TSMC taking a partial stake in Intel’s struggling … Read more
Four major US carriers have adjusted their expectations for 2025, citing softer demand for domestic air travel and lower consumer confidence due to economic uncertainty. Delta Air Lines reduced its first-quarter projections by 40-50 cents a share, American Airlines expects to lose between 60-80 cents a share in Q1 2025, while Southwest Airlines cut its … Read more
NASA’s James Webb Space Telescope has made a puzzling observation about the rotation of deep space galaxies. The telescope, launched in 2022, has imaged thousands of spiral galaxies and found that most of them rotate in the opposite direction to our galaxy, the Milky Way. According to the study, this is not just true for … Read more
Haidilao, a Chinese hotpot giant, has apologized and agreed to compensate over 4,000 diners who were affected by a viral video of two men urinating into their hotpot broth. The incident occurred at one of its Shanghai outlets on February 24 but was not detected until four days later. The company attributed the lack of … Read more
Actor Kim Soo-hyun is at the center of a growing controversy surrounding allegations that he was in a romantic relationship with late actress Kim Sae-ron when she was underage. The claim, made by YouTube channel Hoverlab, has sparked widespread criticism and potentially damaged his image. Kim’s agency, Gold Medalist, strongly denied the allegations as “completely … Read more
After nearly 30 years at the helm of Versace, Donatella Versace has officially stepped down as creative director to become global ambassador, marking the end of an era in fashion. Donatella Versace, 69, took over the brand following her brother Gianni’s murder in 1997 and has since been instrumental in shaping Versace’s identity. Under her … Read more
A team of researchers from University College Cork, the University of Connecticut, and the Natural History Museum of Vienna has uncovered how plants responded to a catastrophic climate event that wiped out over 80% of marine species 250 million years ago. The study, published in GSA Bulletin, details the recovery of ecosystems following the End-Permian … Read more