A global issue with Microsoft’s cloud-based subscription service, Microsoft 365, affected thousands of users across the US on Tuesday. The problem primarily involved Outlook and Teams apps, causing frustration among users. According to Downdetector, a site that monitors online outages, issues started around 1pm ET and were resolved about three hours later. The outage impacted … Read more
Germany’s parliament has approved a massive spending surge of €500 billion, marking a significant shift away from fiscal conservatism and towards reviving the country’s economy. The plan includes a fund for infrastructure development and easing strict borrowing rules to allow higher spending on defense. Conservative leader Friedrich Merz secured a two-thirds majority in favor of … Read more
QXO has pushed its deadline for Beacon Roofing Supply Inc. shareholders to tender their shares until Wednesday, following the announcement of friendly takeover discussions earlier this month. The extension comes as talks between QXO and Beacon continue, with no official word on a potential deal yet. Source: https://www.law360.com/real-estate-authority/residential/articles/2312163/qxo-pushes-deadline-as-beacon-takeover-talks-press-on
A rare solar eclipse will take place on Saturday, March 29, with eastern Canada, northeastern U.S., Europe, and Africa in its path. The event will feature a deep partial eclipse, with Canada seeing up to 94% of the sun blocked by the moon at its peak, while the U.S. will experience up to 85%. The … Read more
A new ‘China Shock’ is sweeping the globe, leaving thousands of jobless in its wake. The economic impact is being felt as far away as Indonesia and Mexico, where Chinese exports are diverting even more goods from US markets. In Indonesia, once-thriving garment factories have been left abandoned due to cheap imports from China. Hariyanto, … Read more
Citigroup Inc.’s attempt to connect wealthy clients with emerging private equity firms has ended in disappointment. Launched over a decade ago, the initiative was meant to capitalize on the money flowing from high-net-worth individuals to private equity companies. However, the experiment failed to deliver results, leaving billionaires feeling let down. The venture is now mired … Read more
The leaders of the Democratic Republic of Congo and Rwanda have called for an immediate and unconditional ceasefire in eastern Congo, marking a surprise move in the midst of a three-decade conflict. The announcement follows a meeting between Presidents Félix Tshisekedi of Congo and Paul Kagame of Rwanda in Qatar on Tuesday. Analysts say the … Read more
Amtrak’s chief executive, Stephen J. Gardner, unexpectedly left his position as of Wednesday. This marks the end of his three-year tenure at the rail service. Source: https://www.nytimes.com/2025/03/19/us/politics/amtrak-ceo-resigns-stephen-gardner.html
Two Boeing Starliner astronauts have safely landed back on Earth after a nine-month stay at the International Space Station, raising questions about the financial incentives for space travel. The astronauts, Suni Williams and Butch Wilmore, reportedly earned just over $150,000 annually without overtime or hazard pay. In contrast, NASA’s annual salary for its astronauts is … Read more
The new Broadway musical adaptation of the popular album and documentary “Buena Vista Social Club” failed to live up to expectations, with critics finding it monotonous and underwhelming. The show’s attempt to incorporate dance and drama quickly becomes tedious, much like watching a two-hour version of a three-minute sequence. The production tries to revive the … Read more