Recently, California Governor Gavin Newsom signed a series of laws aimed at addressing the escalating issue of retail crime in the state. These laws target various aspects of retail theft, including shoplifting, theft from vehicles, organized theft, and the resale of stolen goods online. The new legislative package comes as a response to mounting pressure
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Alphabet-owned Waymo recently announced the details of its latest self-driving technology, known as “generation 6.” This new driverless tech has been integrated into Geely Zeekr electric vehicles and is designed to handle a wider array of weather conditions without the need for as many expensive cameras and sensors on board. Satish Jeyachandran, Waymo’s vice president
After a strong performance last week, global equities are experiencing a slight pause as Asian stocks take a breather on Monday. The anticipation of interest rate cuts in the U.S. economy has provided a sense of relief, with expectations that this move will help dodge a recession and address cooling inflation concerns. Central Bankers Hint
The freight rail network in Canada is currently facing a major threat as the country’s two largest railroad operators, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), have issued lockout notices to the Teamsters union representing nearly 10,000 workers. If last-minute deals are not reached, both CN and CPKC plan to lock out
Coraline, the stop-motion animated film by Henry Selick, celebrated its 15th anniversary with a solid performance at the domestic box office. The movie secured the fifth spot with $8.63 million over the three-day weekend, playing on 1,603 screens. The total earnings reached $11.6 million, surpassing its previous record for Fathom Events. Last year, Coraline became
Top Wall Street analysts are recommending project management software provider Monday.com as a top pick for investors looking for stocks with attractive long-term growth potential. The company’s second-quarter results exceeded expectations and it raised its full-year outlook, driven by strong demand from major customers. Notably, the number of paid customers with more than $100,000 in
Starbucks, a once thriving coffee giant, is now facing numerous operational issues that have been impacting its sales in recent quarters. Mobile orders, accounting for one-third of Starbucks’ total sales, have created chaos in stores, leading to frustrated customers, overwhelmed baristas, and long wait times. Former CEO Howard Schultz has identified the mobile app as
The stock market experienced a day of mixed gains and losses as investors analyzed the latest Consumer Price Index (CPI) data. While the S&P 500 managed to edge higher, closing with a modest gain of 0.38%, the day started with optimism due to the headline July CPI figure coming in slightly below expectations. This marked
The latest installment in the Alien franchise, titled Alien: Romulus, has exceeded expectations by raking in a massive $100M in its worldwide opening weekend. This impressive figure has surpassed pre-weekend projections, indicating the movie’s strong performance at the international box office, particularly in China. Director Fede Alvarez’s sci-fi horror has resonated well with audiences globally,
SpaceX is gearing up for an exciting new mission, Polaris Dawn, which is set to launch at the end of the month. This mission, part of billionaire Jared Isaacman’s Polaris Program, will mark the first attempt at a spacewalk by a private venture. The crew, led by Isaacman himself, will include long-time colleague Scott Poteet,
The recent ruling by the 9th U.S. Circuit Court of Appeals in San Francisco has left many questioning the implications for children’s online safety and free speech rights. The injunction blocking the California Age-Appropriate Design Code Act, which was intended to shield children from harmful online content, has been the subject of much debate. The
The ongoing feud between United Auto Workers President Shawn Fain and Stellantis CEO Carlos Tavares has escalated, with Fain accusing Tavares of engaging in price gouging practices and failing to uphold parts of the union’s labor contract with the automaker. Fain’s criticisms, detailed in a video posted on Friday, paint a grim picture of the
The recent appointment of Alan Taylor, an economics professor specializing in international economics and financial crises, to the Bank of England’s Monetary Policy Committee (MPC) has garnered attention in the financial sector. Taylor, a British-born professor currently at Columbia University in New York, brings a wealth of experience to his new role. Having worked as
Rocket Lab, a space company, saw its stock price soar more than 16% after it announced the packing and shipping of two Mars-bound spacecraft to Cape Canaveral, Florida, for launch. This milestone achievement contributed to Rocket Lab hitting a 52-week high and generated significant interest among investors. Bavarian Nordic’s Vaccine Approval On the other hand,