Economy

Kraft Unveils New Pink Candy-Flavored Mac & Cheese For Valentine’s Day

Kraft Unveils New Pink Candy-Flavored Mac & Cheese For Valentine’s Day

Pink macaroni and cheese that tastes like candy - straight to ya girl's heart! And it's bright pink! They are putting a candy-flavored packet that will make your mac & cheese a pink color and give it ...

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SpaceX Starship launch reportedly violated an FAA license

SpaceX Starship launch reportedly violated an FAA license

According to Foust, a spokesperson for the FAA said that it would continue its work with SpaceX for the approval of the next test launch for the SN9. CEO Elon Musk bashed the Federal Aviation Admi...

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Bebo is making a comeback next month

Bebo is making a comeback next month

Before QAnon, before the use of Minions memes calling for authoritarian action, we had a little social network called Bebo, and guess what? Now in private beta, Bebo is slated to return next month, ...

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GDP up 0.7% in November

GDP up 0.7% in November

For 2020, the data agency said it anticipates a 5.1% decline in GDP for the year. The mining, quarrying, and oil and gas extraction sector posted an increase of 3.9%. "The economy will only be able ...

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EU's AstraZeneca contract includes UK vaccine production

EU's AstraZeneca contract includes UK vaccine production

Susannah Streeter, an analyst at Hargreaves Lansdown, believes the pandemic had allowed the group to gain expertise in vaccines , which it lacked in the past. The Oxford-AstraZeneca vaccine has been ...

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Government Plans to Ban ‘Private Cryptocurrencies’ in India, Create Official Digital Currency

Government Plans to Ban ‘Private Cryptocurrencies’ in India, Create Official Digital Currency

The government's bill also seeks to ban the Bitcoin , Ether, Ripple, and other private cryptocurrencies but it may allow certain kinds of uses and promotions of the technology behind them. For the ...

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London apartment vacancy rate hits eight-year high of 3.4 per cent

London apartment vacancy rate hits eight-year high of 3.4 per cent

Calgary's downtown zone recorded the largest increase in residential vacancy rates in 2020, increasing to 8.8 per cent from 3.4 per cent the previous year. Additionally, the closure of the border mean...

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Oil steady as supply cuts offset demand worries on stalled vaccine rollouts

Oil steady as supply cuts offset demand worries on stalled vaccine rollouts

US West Texas Intermediate ( WTI ) crude futures fell 14 cents, or 0.3%, to US$52.20. "Restrictions on the demand side because of lockdowns are countered by a sufficient reduction in supply ... Saud...

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Budget 2021: FM Sitharaman tables Economic Survey in Lok Sabha

Budget 2021: FM Sitharaman tables Economic Survey in Lok Sabha

The Economic Survey 2020-21 was tabled in Parliament by Union Finance Minister Nirmala Sitharaman . While the survey forecast a "V-shaped" economic recovery , it also cautioned that it would tak...

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World's first urban air mobility hub wins government backing

World's first urban air mobility hub wins government backing

The development aims to demonstrate new ways to unlock sustainable air mobility, reduce congestion, cut air pollution and decarbonise transport . "With UK government backing and Hyundai Motor Gro...

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Tata Motors worried by chip shortage, Brexit breakdowns

Tata Motors worried by chip shortage, Brexit breakdowns

This helped the company reduce net automotive debt by Rs 7,000 crore on a sequential basis to Rs 54,654 crore. Jaguar Land Rover (JLR) owner Tata Motors is concerned by semiconductor shortages...

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EMA conditionally approves AZ/Oxford Covid-19 vaccine

EMA conditionally approves AZ/Oxford Covid-19 vaccine

As reported by the Guardian , AstraZeneca has responded that the reason why there were lower numbers of over-65s in their trials is because they were recruited later as the researchers wanted to make...

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Lawsuit Alleges That Subway Tuna Sandwiches Contains 'Anything but Tuna — Fishy Business

Lawsuit Alleges That Subway Tuna Sandwiches Contains 'Anything but Tuna — Fishy Business

It looks like Subway is really running with the term "mystery meat", as two customers have filed a new lawsuit that says Subway's tuna sandwiches don't actually contain tuna at all. The spokesperson a...

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Markets fall 1.26% despite reformist budget cues

Markets fall 1.26% despite reformist budget cues

GameStop is a USA company where short-sellers mainly hedge funds burnt their hands as social media prompted retail investors to go long on the stock. Likewise, the NSE Nifty plunged 271.40 points or 1...

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GameStop, AMC soar again while stocks indexes open lower

GameStop, AMC soar again while stocks indexes open lower

The US Securities and Exchange Commission is investigating recent dramatic price run-ups in heavily shorted stocks, promoted by retail investors' groups on Reddit's boards. How have people reacted...

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American Airlines Skyrockets Despite Massive Annual Loss

American Airlines Skyrockets Despite Massive Annual Loss

American reported a fourth-quarter loss of $2.2 billion following a 64 percent drop in revenues to $4.0 billion, after ticket sales fell significantly. Chairman and chief executive Doug Parker said:...

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Sensex tumbles over 500 points in opening trade; Nifty below 13,800

The nominal GDP growth is estimated at 15.4 percent. This is in tune with the Atmanirbhar package announced by the govt in May. It opened weak following feeble global cues and further drifted lower as...

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IRFC makes stock market debut at 4% discount to issue price

IRFC makes stock market debut at 4% discount to issue price

The IRFC IPO received bids for 432 crore shares against the issue size of 124.75 crore. The initial public offer (IPO) of the company that was open between January 18-20, 2021, at a price band of Rs...

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Dogecoin surges 77% as retail fever pitch stretches into crypto

Dogecoin rallies by more than 1,100 percent in just two days. He has openly supported Dogecoin in many of his earlier tweets , although it is hard to say whether he was sarcastic, given the nature of...

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Dow Jones - Prudential to Separate Jackson Financial Through Demerger; Mulls Equity Raise

Dow Jones - Prudential to Separate Jackson Financial Through Demerger; Mulls Equity Raise

Prudential split off its British life insurer M&G through a demerger in 2019. British insurance giant Prudential Plc today announced its intention to split its U.S. He brings an unrivaled track reco...

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Strong US sales give McDonald’s a boost in Q4

Strong US sales give McDonald’s a boost in Q4

The company also said it faced higher-than-expected costs to close underperforming restaurants, including around 200 in the U.S. In the USA, where McDonald's has around 14,000 locations and loads of s...

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Google exit would hurt Australian tech sector - RN Breakfast

Google exit would hurt Australian tech sector - RN Breakfast

Its interim report revealed Google dominates multiple arms of the multibillion-dollar digital advertising industry in Australia, controlling more than 90 per cent of ad server services for publisher...

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Fed's Powell says he has received one dose of coronavirus vaccine

Fed's Powell says he has received one dose of coronavirus vaccine

It was a message for some Fed officials who have entertained the notion that the recovery could be stronger than expected, requiring the Fed to start pulling back on asset purchases this year. But the...

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Wal-Mart automates its U.S. warehouse | Economy

Wal-Mart automates its U.S. warehouse | Economy

Walmart's first fulfillment center opened in 2019 in Salem, New Hampshire, when the retail giant started piloting the concept. Walmart CEO Doug McMillon said recently Walmart expanded online groce...

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Toyota takes top spot as 2020's biggest auto maker

Toyota takes top spot as 2020's biggest auto maker

In a 2020 defined by the COVID-19 pandemic, Toyota Motor Corporation's sales fell 11,3 percent to 9 528 438 units. The Volkswagen Group , meanwhile, ended the year on 9 305 400 units, represent...

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SSC Sets Production Car Speed Record, Still Misses 300 MPH Mark

SSC Sets Production Car Speed Record, Still Misses 300 MPH Mark

Its new record of 282.9 miles per hour (455.3 km/h) is nowhere near the previous claim, which was sensationally debunked past year in a storm of internet controversy. Amusing old world, isn't it, when...

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Big technology companies lead U.S. stock indexes sharply lower

Big technology companies lead U.S. stock indexes sharply lower

The benchmark index is within 0.2% of the record high it set Monday. The Dow and tech-heavy Nasdaq composite also fell more than 2%. More than 100 companies in the S&P 500 are scheduled to tell ...

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General Motors breaks ground by abandoning petrol cars

General Motors breaks ground by abandoning petrol cars

That's the imperative, the company said. In the next four years, GM is planning to introduce 30 new electric vehicles, and it will spend US$27 billion dollars on electric and autonomous tech to meet...

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France’s Sanofi to make Covid vaccines from rival Pfizer/BioNTech

France’s Sanofi to make Covid vaccines from rival Pfizer/BioNTech

On Friday, Pfizer asked Canada to follow suit, and Health Canada's vaccine regulatory team is now considering the request. That special syringe or needle is called a low dead-volume needle. "We ar...

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Leon Black step downs as Apollo CEO after review of Epstein ties

Leon Black step downs as Apollo CEO after review of Epstein ties

Apollo's executive committee and the board unanimously decided Rowan should be the next CEO, Black wrote in a letter to Apollo investors. Black founded Apollo in 1990 with partners from Drexel Burnh...

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US Economy Shrank 3.5% in 2020 Despite 4% Growth in Last Quarter

US Economy Shrank 3.5% in 2020 Despite 4% Growth in Last Quarter

Mapa said the fourth quarter also saw the economy contract 8.3 percent, despite the holidays. That was also at the top end of government forecasts for a 8.5% to 9.5% slump previous year. The number ...

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Police smash 'world's most dangerous' cybercrime malware tool

Police smash 'world's most dangerous' cybercrime malware tool

All in all, the joint effort by worldwide law enforcement bodies to disrupt Emotet is definitely commendable and hopefully combatting these type of global threats will see speedier and robust initia...

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Profit rises over twofold to Rs 174 cr

Profit rises over twofold to Rs 174 cr

Domestic net interest margin (NIM) improved by 11 basis points (bps) to 3.07 per cent in Q3FY21 compared to 2.96 per cent in the preceding quarter, while global NIMs improved by 1 bp to 2.87 per cent....

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South Australia to remove coronavirus restrictions for travellers from Sydney

South Australia to remove coronavirus restrictions for travellers from Sydney

Australian states imposed quarantine or hard border restrictions for travellers from New South Wales (NSW) after an outbreak in Sydney in late December , throwing Christmas holiday plans of thousa...

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Janet Yellen sworn in as the Biden administration's Treasury Secretary

Janet Yellen sworn in as the Biden administration's Treasury Secretary

Yellen told the Senate Finance Committee prior to her confirmation that she would "immediately and vigorously" engage with the global tax negotiations at the OECD. During his tenure, the United Stat...

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