The hotly contested world of competitive eating took an unexpected turn recently when Major League Eating announced that 16-time champion Joey “Jaws” Chestnut would no longer be a part of the Nathan’s Famous Fourth of July hot dog eating contest. This decision came as a shock to many fans who have followed Chestnut’s illustrious career
Recently, Bloomberg reported that the Biden administration is considering further tightening restrictions on China’s access to chip technology critical for artificial intelligence. The focus would be on high-tech chip architecture, specifically gate all-around (GAA) technology. This new transistor architecture has the potential to enhance performance and reduce power consumption, making it a significant advancement in
The Asian stock market experienced a downturn due to the anticipation of more cues on inflation and the Federal Reserve’s decisions. The news of increased U.S. trade scrutiny against China added to the negative sentiment among investors. This led to most Asian stocks falling, with only a few positive cues from the record-high closes on
As Broadway heads into its final pre-Tony weeks, the box office is experiencing a surge in sales. Last week saw a 7% increase in box office revenue compared to the previous week, with a total of $36,011,651 grossed by the 35 shows on Broadway. This marks a 16% increase over the same period last season,
Affirm Holdings saw a nearly 7% increase in their stock following the announcement that their buy now, pay later loans will be integrated into Apple Pay for purchases. This move opens up new opportunities for U.S. Apple Pay users to utilize this payment option, which could potentially drive more business towards Affirm Holdings. General Motors
Chinese automakers are determined to continue their expansion into Europe despite the recent anti-subsidy probe initiated by the EU. The China Passenger Car Association (CPCA) emphasized the unwavering commitment of Chinese enterprises to develop and integrate into local markets in Europe. This statement comes in light of a decline in Chinese car exports for May
The European Union is gearing up to unveil its new tariff rate plan for Chinese electric vehicles (EVs) this week. This move comes amidst growing concerns about low-priced, subsidized imports from China flooding the market. With the EU currently imposing a standard 10% duty on imported EVs, there are speculations that these fees will see
The aftermath of the recent U.S. jobs report has led to an interesting scenario in the financial markets. Despite rates resetting higher and the Federal Reserve holding off on cutting interest rates for now, equities have continued to rally. This has led to a situation where equity markets are becoming even more disconnected from the
The recent investigation into United Auto Workers President Shawn Fain by federal monitor, Neil Barofsky, has raised serious concerns about potential abuse of power within the union leadership. The court filing reveals accusations of obstruction and interference with the investigation, suggesting a possible violation of the 2020 consent decree between the UAW and the U.S.
Elon Musk, known for his roles in leading Tesla and SpaceX, has recently expressed strong concerns about Apple’s partnership with OpenAI. Musk took to social media to voice his worries about the security of users’ information with this integration. He criticized Apple’s decision to collaborate with OpenAI, calling it “an unacceptable security violation” and stating