Journalists at the Guardian are holding a 48-hour strike in protest against the proposed sale of the Observer newspaper to Tortoise Media. The strike, which begins on Wednesday and Thursday, is due to take place after National Union of Journalists (NUJ) members passed a motion last month stating that selling the Sunday newspaper would be … Read more
JetBlue Airways is cutting unprofitable flights to stem losses and return to consistent profitability. The carrier will end some Miami flights, redeploy aircraft outfitted with its high-value business class, and tweak Europe service. Additionally, it will stop using planes with Mint business class on Seattle flights in April. The airline will also cut flights from … Read more
A new study published in Science sheds light on the Southern Ocean’s significant impact on climate change during the Mid-Pleistocene Transition, a period of shifting climate cycles that began around one million years ago. The research, led by Dr. Sophie Hines and Dr. Sidney Hemming from various institutions, challenges existing theories about the origins of … Read more
Marvel Games’ new free-to-play shooter, Marvel Rivals, has officially announced its launch with an impressive lineup of 12 exciting new MCU-themed costumes that will be available for purchase at the game’s debut. The game promises to take on the ultra-competitive hero shooter landscape, rivaling popular titles like Overwatch 2 and Valorant. At launch, players can … Read more
Intel has acknowledged the need to prioritize efficiency in production as it faces declining market share and increasing competition from rival chipmakers. The company’s executives have stated that they must adopt a “zero-waste” model, focusing on minimizing waste and maximizing productivity. Following CEO Pat Gelsinger’s sudden departure, Intel’s new leadership emphasized the importance of efficiency. … Read more
Amazon founder Jeff Bezos expressed optimism about working with President-elect Donald Trump, citing a reduced regulatory environment. This marks a departure from their past interactions, where Trump frequently attacked the billionaire and his companies. In 2019, Amazon lost a multibillion-dollar contract after Trump’s “behind-the-scenes attacks.” However, Bezos said he expects a more positive relationship in … Read more
President-elect Donald Trump has announced plans to nominate Paul Atkins, a former federal regulator with ties to the financial sector, as the next head of the Securities and Exchange Commission (SEC). The move suggests that an SEC under Republican control will likely adopt a more deregulatory approach, potentially reducing enforcement activities. Source: https://www.washingtonpost.com/business/2024/12/04/paul-atkins-donald-trump-sec
A team of researchers at Berkeley Lab, led by scientist Sebastien Biraud, is using advanced sensor technology to locate lost wells. The team carries a backpack-mounted sensor that can detect magnetic fields, which can help identify the buried metal structure of a well casing. This innovative approach aims to improve oil and gas production efficiency … Read more
A mysterious flu-like disease has claimed the lives of at least 79 people in south-western Democratic Republic of Congo (DR Congo), according to the country’s health ministry. The majority of those who died are between the ages of 15 and 18. Over 300 infected individuals, showing symptoms such as fever, headaches, runny noses, coughs, breathing … Read more
Federal Reserve Chair Jerome Powell stressed the importance of the central bank’s independence from politics in making interest rate decisions. During a speech at the New York Times’ DealBook summit, Powell stated that maintaining this independence is crucial to serving all Americans rather than a specific political party or outcome. Powell expressed confidence in widespread … Read more