Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 10% on Friday to their lowest level of the year. Although Intel’s revenue is no longer shrinking and the company remains the biggest maker of processors that power PCs and laptops, sales in the first quarter trailed estimates. Intel also gave ...
NBCUniversal streaming service Peacock plans to raise prices for its ad-free service by $2 to $13.99 a month ahead of this summer’s Olympic Games in Paris as competition for online viewership intensifies. Peacock’s ad-supported option will also increase by $2, to $7.99 a month. The annual price for ad-free will cost $139.99, while the version with ads will be $79.99. ...
The Biden administration plans to require that all new cars and trucks come with pedestrian-collision avoidance systems that include automatic emergency braking technology by the end of the decade. In an interview, Transportation Secretary Pete Buttigieg said the requirement is designed to reduce pedestrian deaths, which have been on the rise in the post-Covid 19 era. ‘So many Americans [are] ...
Spanish Prime Minister Pedro Sanchez said Monday he will not resign, five days after canceling his public duties to “reflect” on whether to continue in the job, on the heels of a Spanish court opening a probe against his wife, Begoña Gomez. Sanchez, a socialist, made the announcement in a TV address from his official compound in Madrid, following a ...
Scottish First Minister Humza Yousaf has resigned barely a year into the role after the collapse of his coalition government, a humbling and chaotic departure that throws Scotland’s ruling pro-independence party into chaos. Yousaf’s coalition government fell apart unexpectedly last week when he tore up a coalition agreement with Green Party lawmakers, a risky move that backfired spectacularly when the Greens said ...
At least 35 people have been killed and dozens of others are missing after a dam burst in southern Kenya, sweeping away homes and vehicles as the country grapples with weeks of heavy rains and devastating flash floods. The incident comes as flooding has inundated large swathes of Kenya, killing at least 103 people and forcing thousands of residents from their ...
Nine suspected members of a German far-right group accused of plotting to overthrow the government and install a minor royal as leader went on trial at a high-security courtroom in Stuttgart on Monday. Prosecutors will open their case against individuals tied to the Reichsbürger (Citizens of the Reich) movement. In all, 27 people face charges, including high treason and belonging to ...
Prince Harry will return to the United Kingdom in May to celebrate a milestone anniversary of the Invictus Games, the biennial sporting competition he founded a decade ago. The Duke of Sussex will give a reading at a ceremony at London’s St. Paul’s Cathedral on May 8, to mark 10 years of the Invictus Games and its foundation, it announced ...
Brazilian UFC fighter Renato Moicano had just rallied back from an early-round beating to win a lightweight bout this month when he grabbed a mic to shout out his favorite economist. “I love private property and let me tell you something, if you care about your country, read Ludwig von Mises and the six lessons of the Austrian economic school,” ...
Two Ukrainian servicemen were stabbed to death at a shopping center in southern Germany Saturday evening, by a suspected Russian national, German and Ukrainian authorities say. German police say a 36-year-old man died on the scene in the city of Murnau, and a 23-year-old man died later that evening at a nearby hospital. Both Ukrainian men were residents of the ...
A pair of Russian journalists have been detained on “extremism” charges and face accusations of working for a group founded by the late Russian opposition politician Alexey Navalny. Konstantin Gabov and Sergey Karelin are accused of producing content for Navalny’s prominent YouTube channel, “NavalnyLIVE,” which publishes videos investigating corruption in the Kremlin that have amassed millions of views. Russian authorities ...
Over the past trading week, it was expected that while technical pullbacks in the markets may get extended, NIFTY may still continue to remain under corrective pressure at higher levels. The past trading days precisely witnessed this scenario. The markets initially extended their technical pullback and extended their upmove; however, at the same time, the last trading day of the ...