China revokes Taiwan tariff concessions ahead of elections

China revokes Taiwan tariff concessions ahead of elections

Taiwanese flags during the National Day celebration in Keelung, Taiwan, on Monday, Oct. 9, 2022. I-Hwa Cheng | Bloomberg | Getty Images China suspended tax concessions on 12 chemical compound imports from Taiwan in retaliation for what Beijing deems to be a violation of a trade agreement, just weeks ahead of key elections in the … Read more

Where is it safe to travel in 2024? See the updated list

Where is it safe to travel in 2024? See the updated list

Planning a vacation? Here are the countries that pose the maximum risk for travelers in 2024 — and also the ones that are the safest — according to International SOS. The risk assessment firm, in its 2024 Risk Map, has ranked these countries based on several metrics, including security, medical dangers as well as the … Read more

How doctors are using Google’s new AI models for health care

How doctors are using Google’s new AI models for health care

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Google on Wednesday announced MedLM, a suite of new health-care-specific artificial intelligence models designed to help clinicians and researchers carry out complex studies, summarize doctor-patient interactions and … Read more

Darden Restaurants (DRI) Q2 2024 earnings

Darden Restaurants (DRI) Q2 2024 earnings

An Olive Garden restaurant in Fremont, California, on Sept. 14, 2023. Bloomberg | Getty Images Darden Restaurants on Friday reported quarterly earnings that beat expectations and raised its annual guidance, helped by sales growth at chains such as Olive Garden and LongHorn Steakhouse. Here’s what the company reported for its fiscal second quarter ending Nov. … Read more

Spirit Airlines offers buyouts to salaried employees

Spirit Airlines offers buyouts to salaried employees

A Spirit Airlines plane takes off at Los Angeles International Airport in Los Angeles, June 1, 2023. Mario Tama | Getty Images Spirit Airlines is offering voluntary exit packages to salaried employees, the budget carrier’s latest cost-cutting measure as it expects financial strains to continue next year. The airline has been facing weak off-peak demand … Read more

Why Ford should double down on hybrids as it backs off EVs

Why Ford should double down on hybrids as it backs off EVs

Ford Motor ‘s decision to cut production of its electric pick-up allows the automaker to refocus its strategy around its highly profitable hybrid vehicles, which in turn should boost its underperforming stock. Ford said Monday it’s cutting in half planned production of its all-electric F-150 Lightning pick-up truck next year due to moderating consumer demand. … Read more

Biden flaunts stock market record highs, mocks Trump for predicting ‘collapse’

Biden flaunts stock market record highs, mocks Trump for predicting ‘collapse’

U.S. President Joe Biden speaks during an event about lowering health care costs in the East Room of the White House on July 7, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Images President Joe Biden paraded this week’s stock market record highs Friday in a new campaign video that trolled … Read more

A new luxury hotel with rooms made from buses opens in Singapore

A new luxury hotel with rooms made from buses opens in Singapore

The resort hotel has 20 rooms which will be open for stays from Dec. 1, 2023. Source: The Bus Collective It only costs a dollar to ride a Singapore bus — but 398 Singapore dollars to sleep in one. The Bus Collective is Southeast Asia’s first resort hotel to repurpose decommissioned public buses into luxury … Read more

Warner Bros., Paramount merger talks may draw out NBCUniversal

Warner Bros., Paramount merger talks may draw out NBCUniversal

Let’s say you have a crush on two people and you find out one of them may like you back. Do you just start dating that person, or do you find out what the other person thinks, too? That’s where Warner Bros. Discovery finds itself today. The company has held preliminary merger talks with Paramount … Read more

IEA says oil demand slowdown to persist in 2024 amid oversupply fears

IEA says oil demand slowdown to persist in 2024 amid oversupply fears

A Petroleos de Venezuela SA oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Friday, Nov. 17, 2023. Gaby Oraa | Bloomberg | Getty Images The International Energy Agency on Thursday said evidence of softening global oil demand is mounting and a slowdown is expected to continue into 2024, reaffirming a starkly different … Read more