Author: Admin

National Guard troops preparing to deploy in Chicago – CBS News Watch CBS News National Guard troops are preparing to be deployed to Chicago. Members of the Texas National Guard arrived just outside the city on Tuesday. The move is being criticized as an abuse of presidential authority. Nicole Sganga has more.

Read More

[LONDON/STOCKHOLM] Ikea has acquired US logistics technology firm Locus, the two companies said on Tuesday (Oct 7), a deal the Swedish furniture retailer said would make its deliveries to shoppers smoother and faster as it invests to expand online sales.The takeover is in addition to a US$2.2 billion push by Ingka Group, the biggest global Ikea franchisee, in the US where it competes with Wayfair and Walmart and is also contending with higher tariffs on imports that are increasing its costs.Ikea declined to disclose the value of the deal. Locus was valued at US$300 million in its most recent funding…

Read More

Elon Musk’s AI startup xAI is raising more financing than initially planned, including an equity investment from Nvidia, to bring its ongoing funding round to $20 billion, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.Nvidia is investing as much as $2 billion in the equity portion of the deal, Bloomberg reported, adding that the financing, which includes equity and debt, will be tied to the Nvidia graphics processing units that xAI plans to use in its data center Colossus 2.XAI’s financing would be split between about $7.5 billion of equity and as much as $12.5 billion…

Read More

TO SAY that Singtel-owned Australian telco Optus is having a hard time would be an understatement. It has been one thing after another for Australia’s second-largest telco these past few years. In 2022, hackers stole more than two million Optus customers’ personal identification data from the company’s computers. They swept up information such as e-mail addresses and phone numbers and, crucially, birth dates, which serve as a key identifier for many Australian government services.Optus again hit a rough patch in 2023, when about 10 million customers as well as about 400,000 businesses and several government, health and transport systems were left…

Read More

In 2025, the median rent for a 1-bedroom in Hong Kong is $2,421.Nikada | E+ | Getty ImagesAsia-Pacific markets traded mixed Wednesday, breaking ranks from Wall Street losses, after the World Bank raised the region’s growth forecast Tuesday.That comes after a summer that saw U.S. tariff-led uncertainty rock the global economy.Japan’s benchmark Nikkei 225 was little changed, while the the Topix added 0.62%. Australia’s ASX/S&P 200 fell 0.3%.Futures for Hong Kong’s Hang Seng index stood at 27,165, higher than its Tuesday close of 26,957.77.Mainland China and South Korean markets are closed for the holidays.The Bank of Thailand and Reserve Bank of…

Read More

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 8): DBS Bank : The bank’s shares hit a new record high on Tuesday, driving its market capitalisation beyond S$150 billion. It now has nearly double the market capitalisation of its nearest banking rival, OCBC. Charu Chanana, chief investment strategist at Saxo, said that DBS offers investors growth, safety and income, as well as balance-sheet safety and a dependable cash flow. Its shares closed 3 per cent or S$1.60 up at S$54.80 on Tuesday. Keppel Real Estate Investment Trust (Reit) : The manager…

Read More

Image Source: Bing Image. License: All Creative Commons Divorce has ceased to be silent or rare – it is a “chosen” reality for many couples, and the reasons causing divorce are at least as complex as relationships. If you felt curious about why divorces happen most often, then you wouldn’t be alone. According to experts, the divorce rate stays significantly high due to the following top 10 reasons. Image Source: Bing Image. License: All Creative Commons 10. Repeat Divorces and Statistical Distortion It’s not only that more are divorcing; it’s that others are divorcing more than once. As divorce lawyer…

Read More

TAMPA, Fla. — TAMPA, Fla. (AP) — Call them the ComeBake Kids.With Baker Mayfield playing at an MVP level, the Tampa Bay Buccaneers just need to stay close until the end.Mayfield led another rally and veteran linebacker Lavonte David’s interception put the Buccaneers in position to defeat the Seattle Seahawks 38-35 on Chase McLaughlin’s 39-yard field goal as time expired Sunday.The four-time defending NFC South champion Bucs (4-1) are the first team in NFL history to have each of their first four wins of the season come on a score in the final minute of regulation.Despite a slew of injuries…

Read More