Inflation is climbing in the U.S., and Republicans are pointing directly to the policies of President Joe Biden’s administration as the driving force.A group of Senate Republicans held a press conference at the U.S. Capitol Wednesday to address rising consumer costs, urging Biden to encourage less government spending and do more to address the crisis.”Joe…Continue Reading
An artist rendering of an Antora Energy “thermal battery.”Photo courtesy Antora EnergyDecarbonization at the scale necessary to meet global warming mitigation targets will require a radical rethinking of global infrastructure. Heavy industry is a large and often overlooked piece of the puzzle.Microsoft co-founder Bill Gates has researched the issue extensively. In his 2021 book, “How…Continue Reading
Consumer spending bounced back sharply in January as rising inflation and a post-holiday surge kept cash registers ringing, the Commerce Department reported Wednesday.Retail sales for the month rose 3.8%, much better than the 2.1% Dow Jones estimate.The numbers are not adjusted for inflation; the 0.6% rise in the consumer price index for the month helped…Continue Reading
Roblox shares plunged 24% Wednesday after reporting earnings that missed expectations.The gaming company reported fourth-quarter revenue (bookings) of $770 million, down from the $772 million expected, per Refinitiv consensus estimates. Its loss of 25 cents per share was wider than the 13 cents anticipated, and it reported 49.5 million daily active users during the quarter,…Continue Reading
An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada.Chris Wattie | ReutersShares of Shopify plunged more than 17% on Wednesday after the company forecast a revenue slowdown in the first half of 2022, as the online shopping boost from the Covid-19 pandemic cools off.For the fourth quarter, Shopify posted revenue of $1.38 billion, which…Continue Reading
They are brazen, aggressive and seemingly acting without a care in the world. Shoplifters are hurting big retailers and chain stores, even reportedly forcing some locations in New York City and San Francisco to close up. But unlike many big retailers that can absorb the loss, some small business owners say the crime wave is…Continue Reading
New Delhi: The Centre has asked states and union territories to review, amend or do away with additional COVID-19 restrictions after considering the trend of new cases and positivity rate in their regions, stating sustained downward trend in the nationwide case trajectory. In a letter to sent to chief secretaries and chief administrators of all…Continue Reading
Erode: A DMK candidate constesting from Athani, Anthiyur Taluk, died of a heart attack on Wednesday. So, the local body election for the Athani Town panchayat (3rd ward) has been postponed, said officials. Ayyappan (51) undertook hectic campaigning till Tuesday night. He then went home and took rest. This morning, he developed heart pain and…Continue Reading
Hyderabad: The historic ‘Sammakka Saralamma Jatara’, a four-day mega tribal festival, began at Medaram village in Mulugu district of Telangana on Wednesday with participation of thousands of devotees. During the biennial ‘Medaram Jatara’, declared a state festival by the Telangana government, tribal devotees offer obeisance to Goddesses Sammakka and her daughter Saralamma at Medaram which…Continue Reading
Hyderabad: Telangana Chief Minister K Chandrasekhar Rao will be meeting his Maharashtra counterpart Uddhav Thackeray in Mumbai on February 20. This comes after Thackeray extended support to KCR’s call for unity among non-BJP CM’s to fight the anti-federal policies of Prime Minister Narendra Modi-led Union government. Chief Minister’s Office Telangana, in an official statement, said,…Continue Reading
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