Author: Admin
Billionaire philanthropist MacKenzie Scott has reduced the size of her stake in Amazon.com by 42 per cent since last year, Bloomberg News reported on Tuesday, citing a regulatory filing.Scott, the former wife of Amazon founder Jeff Bezos, holds 81.1 million shares in the company, according to the latest disclosure dated September 30, down 58 million from a year ago, according to the news report.Based on Amazon’s closing price on Tuesday, the reduction is worth $12.55 billion.Reuters could not independently confirm the filing. A regulatory filing made with the U.S. Securities and Exchange Commission in Bezos’ name said he beneficially owned…
The investment will infuse new capital into plants in Michigan, Illinois, Ohio and Indiana[BENGALURU] Stellantis announced a US$13 billion investment in the US on Tuesday (Oct 14), a move it said that will bring five new models to the market and add 5,000 jobs in plants across the Midwest over the next four years. The plan, which includes some previously disclosed investments, may help buffer Stellantis from US President Donald Trump’s tariffs, which the automaker has said would cost it around US$1.7 billion this year.The investment, which Stellantis CEO Antonio Filosa said is the largest in its history, comes as…
SAN FRANCISCO — SAN FRANCISCO (AP) — An estimated 31,000 registered nurses and other front-line Kaiser Permanente health care workers went on strike Tuesday to demand better wages and staffing from the California-based health care giant.Organizers say the five-day strike across 500 medical centers and offices in California, Hawaii and Oregon is the largest in the 50-year history of the United Nurses Associations of California/Union of Health Care Professionals. The strike could grow to include 46,000 people. Those on strike, including pharmacists, midwives and rehab therapists, say wages have not kept pace with inflation and there is not enough staffing…
MIAMI GARDENS, Fla. — MIAMI GARDENS, Fla. (AP) — Instead of focusing primarily on what has gone wrong amid a 1-5 start to the season, the Miami Dolphins are answering questions again about their team culture following Tua Tagovailoa’s comments calling out unnamed teammates for being late to player-led meetings.The Dolphins took the lead against the Los Angeles Chargers in the final minute of Sunday’s matchup but failed to hold on for the second straight game.Asked how to keep up team morale, Tagovailoa appeared to highlight behind-the-scenes issues.“I think it starts with the leadership in helping articulate that for the…
Why does President Trump think Israeli Prime Minister Benjamin Netanyahu isn’t “the easiest guy to deal with?” “CBS Mornings” co-host Tony Dokoupil sat down exclusively with Netanyahu on Tuesday and asked him about Mr. Trump’s comments to the Knesset the day before.”Well, I hope he says that because I’m very tough on the matters that pertain to my country’s future,” Netanyahu said.Netanyahu went on to invoke the 3,500-year history of persecution suffered by the Jewish people. Turning to the establishment of the modern Jewish state, he expanded on his role in fulfilling a promise that the Jewish people would never…
Walmart is partnering with OpenAI to give shoppers a new feature that lets them complete purchases using ChatGPT, as the retailer invests in artificial intelligence to improve operations. Using ChatGPT’s new “Instant Checkout” feature, shoppers in conversation with the AI-powered bot will be able to browse Walmart’s offerings and complete purchases from within the app.ChatGPT first announced “Instant Checkout” last month. The shopping feature lets users query ChatGPT for things like “best mattress under $1,000” or “gift for an avid reader,” and buy suggested products from within the chat, without having to navigate outside the app.With the Walmart partnership, the AI-driven shopping…
Is 2026 the year it finally comes home? Only time will tell, but England now know that they will at least get a fair shot.England qualified for the 2026 FIFA World Cup on Tuesday with a 5-0 win over Latvia at Daugava Stadium. This is the 17th time England has qualified for the World Cup, first appearing in 1950.Anthony Gordon opened the scoring for England in the 26th minute. Harry Kane extended England’s lead with two goals in as many minutes. Kane was awarded a penalty after VAR ruled that he was fouled in the penalty box.Eberechi Eze finished the…
Intel announced on Tuesday a new artificial intelligence chip for the data center that it plans to launch next year, in a renewed push to break into the AI chip market.The new chip (GPU) will be optimized for energy efficiency and support a wide range of uses such as running AI applications, or inference, Intel Chief Technology Officer Sachin Katti said at the Open Compute Summit on Tuesday.”It emphasizes that focus that I talked about earlier, inference, optimized for AI, optimized, optimized for delivering the best token economics out there, the best performance per dollar out there,” Katti said.The new…
Qatar and Saudi Arabia both secured a spot at next year’s World Cup on Tuesday after clinching first place in their groups in the fourth round of Asian qualifying.Qatar defeated the United Arab Emirates 2-1 and Saudi Arabia drew 0-0 with Iraq.It marks the first time that Qatar, which lost all three group-stage games when it hosted the 2022 tournament, has advanced through qualification. Saudi Arabia, which will stage the 2034 World Cup, will appear for a seventh time next summer in North America.”It’s amazing, an incredible day,” Qatar coach Julen Lopetegui told broadcaster beIN Sports.Lopetegui now gets another chance…
[JAKARTA] Indonesia’s Finance Minister Purbaya Yudhi Sadewa said on Tuesday (Oct 14) that the rupiah is likely to strengthen in the fourth quarter, with capital inflows set to increase once foreign investors see improvements in the country’s economic prospects.Purbaya took over from respected former minister Sri Mulyani Indrawati last month amid widespread protests across the country. Some economists blamed the protests on rising inequality and a lack of job opportunities in South-east Asia’s largest economy.Having been tasked to revive economic growth, one of Purbaya’s first acts was to transfer 200 trillion rupiah (S$15.6 billion) of government cash from the central…