Jeff Bezos wants to build permanent outposts on the moon and colonize space. Richard Branson wants to make spaceflight as commonplace as air travel. Elon Musk wants to settle on Mars to make humanity multi-planetary. IBX’s Kam Ghaffarian wants to go even further: the stars. “There’s this common denominator of combining altruism, to do something … Read more
In one of his first big moves as chairman of NBCUniversal Telemundo Enterprises, Luis Fernandez has restructured Telemundo Studios, promoting Ronald Day and installing veteran exec Javier Pons in a key role. Day has been upped to President, Entertainment and Chief Content Officer and will continue to report to Fernandez. Pons, who has decades of … Read more
Thames Water could be renationalised with the bulk of its £15.6bn debt added to the public purse under radical plans being considered by the government, the Guardian can reveal. The blueprint, which is codenamed Project Timber, is being drawn up in Whitehall and would see Britain’s biggest water company turned into a publicly owned arm’s-length … Read more
Ace investor Dolly Khanna added three new smallcap stocks to her portfolio in the quarter ended March 31, 2024, viz. Repco Home Finance, Som Distilleries & Breweries and Selan Exploration Technology. The inclusion comes on the back of a strong rally in these stocks over the last one-year. Khanna bought a 1.11% stake in Repco … Read more
It seems as though we’ve arrived at the moment in the AI hype cycle where no idea is too bonkers to launch. This week’s eyebrow-raising AI project is a new twist on the romantic chatbot—a mobile app called AngryGF, which offers its users the uniquely unpleasant experience of getting yelled at via messages from a … Read more
Sales of previously owned homes dropped 4.3% in March compared with February, to a seasonally adjusted annualized rate of 4.19 million units, according to the National Association of Realtors. Sales were 3.7% lower than in March 2023. This came after a big jump in sales in February. Rising mortgage rates are likely the cause of … Read more
UPDATE: Judge Juan Merchan directed media outlets to limit reporting on identifying information about jurors in the Trump hush money trial. Merchan excused one of the seven jurors selected so far after she complained of getting messages from friends and family members questioning her identity as a juror. She then said that she did not … Read more
The Post Office was urged by its external law firm to “try and suppress” disclosure of a key document for “as long as possible” as branch owner-operators tried to mount legal action against the state-owned postal company, a public inquiry has heard. Rodric Williams, a senior in-house lawyer at the Post Office, giving evidence to … Read more
(NewsNation) — The basketball world can’t get enough of Caitlin Clark, and now that the college season is over, the momentum created by lifting women’s college basketball to new heights is expected to carry over to the pros. The Indiana Fever took Clark with the No. 1 pick in the WNBA draft Monday, immediately turning up … Read more
Nifty on Thursday ended 152 points lower to fall below the 22,000-level and form a Bearish Engulfing candle below its 50-DEMA on the daily chart. The previous closure around 21,800 is likely to be seen as the pitstop for bears, and if bulls could not barge on there, we may test the 100 DEMA placed … Read more
