The iconic Los Angeles diner, a staple of Downtown LA culture, closed its doors on March 2, 2025, after 101 years in business. The restaurant’s closure is attributed to the Richard J. Riordan family trust, which claims that maximizing the value of the real estate was their primary reason for closing the institution. The Original … Read more
Adrian Orr, the governor of New Zealand’s Reserve Bank, resigned suddenly on Wednesday, ending a seven-year term that was marked by high interest rates and recession. Orr’s departure will be felt as he had been leading the central bank since 2016. The National Party-led government, which took power in March 2023, had previously questioned Orr’s … Read more
US President Donald Trump’s escalating trade war could create market access opportunities for India as the country begins negotiating a bilateral trade agreement with the US. Senior Research Fellow Amitendu Palit suggests that India can leverage the situation to secure favorable terms for its exports. As the US imposes steep tariffs on agricultural imports, India … Read more
Global stocks experienced a downturn on Tuesday due to concerns over tariffs and consumer uncertainty. Here are three key companies that were affected: Nvidia (electric car technology) and Tesla (electric vehicles) were not mentioned in the provided text. Target (TGT), a US retailer, warned of lower profits this quarter due to rising tariffs and consumer … Read more
China is set to boost its defense budget by 7.2% this year, marking a slowdown compared to previous years’ double-digit increases. The move aims to assert its territorial claims and challenge the US defense lead in Asia amid tensions with Taiwan, Japan, and neighbors over the South China Sea. The budget, totaling around $245 billion, … Read more
LeBron James has achieved a historic milestone in his illustrious NBA career, becoming the first player to score 50,000 combined points. The 40-year-old superstar reached this mark during a Los Angeles Lakers victory over the New Orleans Pelicans. James surpassed Kareem Abdul-Jabbar’s second-place total of 44,333 with his 34-point performance, further solidifying his position as … Read more
Israel’s supply cutoff to Gaza has sent prices soaring and humanitarian groups into overdrive trying to distribute scarce stocks to the 2 million people living in the territory. The aid freeze has imperiled progress made by aid workers to stave off famine, which was a major concern during the six-week ceasefire deal reached with Hamas. … Read more
Police are investigating seven Tesla charging stations set on fire in Massachusetts, with evidence pointing to intentional arson. The fires occurred at a shopping center in Littleton, where responders found multiple charging stations engulfed in flames and heavy smoke. The Littleton Police Department and local fire departments launched an investigation after the incident, which they … Read more
Los Angeles’ most iconic restaurant, The Original Pantry Cafe, has closed its doors after 101 years of operation. The diner, known for its traditional American fare and lively atmosphere, had mainly operated 24/7 since its opening in 1924. Former Mayor Richard Riordan purchased the eatery in 1981 and ran it for decades before his passing … Read more
A massive superbergs four times the size of New York City has run aground east of the southern tip of South America. The incident was reported by Victor Mather, a 25-year veteran reporter and editor at The Times who covers sports and breaking news. Source: https://www.nytimes.com/2025/03/04/climate/iceberg-antarctica-a23a.html