U.S. President Joe Biden delivers the State of the Union address to a joint session of Congress in the House Chamber of the U.S. Capitol in Washington, U.S., March 7, 2024. Elizabeth Frantz | Reuters President Joe Biden on Saturday signed a $460 billion spending bill into law, averting a partial government shutdown that would … Read more
Summary Cena’s recent live-action movies on Rotten Tomatoes are mostly “Rotten,” with only one hit in the past few years. Cena’s cameo in Barbie breaks his eight-movie “Rotten” streak for live-action roles. Accepting the cameo in Barbie saved Cena’s streak from the poorly-reviewed projects. John Cena has appeared in multiple films that have achieved “Fresh” … Read more
Struggling regional lender New York Community Bancorp announced a $1 billion capital raise and a leadership shakeup on Wednesday, headlined by former Treasury Secretary Steven Mnuchin, leading to a sharp rebound for its stock. NYCB has agreed to a deal with several investment firms including Mnuchin’s Liberty Strategic Capital, Hudson Bay Capital and Reverence Capital … Read more
OpenAI on Tuesday publicly responded to a lawsuit brought by co-founder Elon Musk, highlighting apparent hypocrisy on the part of the now-billionaire and early backer of the company. In its response, OpenAI reproduced old emails from Musk in which the Tesla and SpaceX CEO encouraged the rising startup to raise at least $1 billion in … Read more
House and Senate appropriators have released NASA’s final spending bill for the fiscal year 2024, focusing on the Artemis program’s goal of returning astronauts to the Moon. However, there’s still considerable uncertainty surrounding the agency’s plans for bringing back rocky samples from Mars. China’s Plan to Land Astronauts on the Moon NASA was allocated $24.875 … Read more
HANOI, Vietnam (AP) — Real estate tycoon Truong My Lan faces the death penalty in a trial that began Tuesday over alleged fraud amounting to $12.5 billion — nearly 3% of the country’s 2022 GDP and Vietnam’s largest financial fraud case on record. The 66-year-old chair of the real estate company Van Thinh Phat allegedly … Read more
Apple has a Spotify problem—and it just cost the iPhone maker a $2 billion fine from the European Commission. For years, the two companies have been at war as the streaming service lured users away from Apple’s iTunes and accused the tech giant of exploiting its dominance to stifle innovation. In their long-running conflict, each … Read more
LONDON — The European Union leveled its first antitrust penalty against Apple on Monday, fining the U.S. tech giant nearly $2 billion for unfairly favoring its own music streaming service by forbidding rivals like Spotify from telling users how they could pay for cheaper subscriptions outside of iPhone apps. Apple muzzled streaming services from telling … Read more
Customers at the Apple Music section of the new Apple Inc. store in Mumbai, India, on Tuesday, April 18, 2023. Dhiraj Singh | Bloomberg | Getty Images The European Commission, the European Union’s executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine for abusing its dominant position on the … Read more
LONDON — The European Union leveled its first antitrust penalty against Apple on Tuesday, fining the U.S. tech giant nearly $2 billion for breaking the bloc’s competition laws by unfairly favoring its own music streaming service over rivals. Apple banned app developers from “fully informing iOS users about alternative and cheaper music subscription services outside … Read more