China has, of course, denied the incident ever occurred, but some 55 Chinese sailors aboard a submarine designated 093-417 are presumed dead after an accident in the Yellow Sea, off of China’s Shandong Province. British intelligence reports the submariners died after a “catastrophic” failure of the vessel’s oxygen systems on August 21, 2023.“Our understanding is…
A major retail chain is seeking to close 178 stores in its Chapter 11 bankruptcy case…
Citibank is pushing customers to make a switch that they may not be too happy about…
It has over 15,000 five-star ratings…
Arrival set out eight years ago to make electric vehicle production “radically more efficient.” So far, its plan to forgo the gigafactory for local microfactories has proved anything but. Arrival trumpeted how its automated microfactories would simultaneously churn out electric vans for UPS, cars for Uber drivers and buses for the U.K., Italy and California.…
Fintech giant Klarna has reached an agreement with workers that were set to strike next week, the company told TechCrunch today. Klarna employees were planning to strike next week in the fintech’s home country of Sweden, as reported by tech.eu. The dispute was reportedly over the lack of a Collective Bargaining Agreement (CBA) — a…
Share to FacebookShare to TwitterShare to LinkedinTopline Billionaire Elon Musk announced that Starlink—a satellite internet offering from his aerospace company, SpaceX—“achieved breakeven cash flow” on Thursday, just months after news broke that the offering had greatly increased its revenue, but fallen short of Musk’s expectations last year. Starlink reportedly generated $1.4 billion in 2022, which…
© Reuters. U.S. Secretary of State Antony Blinken speaks to reporters about the war between Israel and Hamas and the situation in Gaza as he boards his aircraft to depart Washington on travel to the Middle East and Asia at Joint Base Andrews, Maryland, U.S., Novembe By Joe Bavier, Nellie Peyton and Bhargav Acharya JOHANNESBURG…
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Coinbase, the second-largest crypto exchange by trading volume, released its Q3 2023 earnings on Thursday, giving shareholders and market participants an opportunity to see what’s going on under the hood. In response to the report, the company’s stock is down about 5.5% in after-hours trading. In the third quarter of 2023, Coinbase generated $674 million…
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