Reported 5 months ago
DHL Express has terminated its flying-services agreement with Mesa Airlines one year early due to reduced cargo demand, as disclosed in Mesa Air Group's quarterly earnings report. The partners agreed to wind down cargo operations in February, with DHL reimbursing Mesa for associated costs. Mesa had operated three Boeing 737-400 converted freighters for DHL, flying packages to hubs like Cincinnati/Northern Kentucky International Airport. Mesa's plans to expand its cargo fleet were disrupted by the pandemic and the loss of business as an American Airlines feeder. Mesa has been selling aircraft and reworking agreements to improve profitability after reporting a loss of $57.9 million in the first quarter of 2024.
Source: YAHOO
Reported 5 months ago
UK tech tycoon Mike Lynch testified in a San Francisco federal court trial, denying responsibility for what US prosecutors claim was a significant Silicon Valley fraud involving the $11 billion sale of his software startup to Hewlett Packard Co. Lynch, who already lost a London civil trial over the acquisition of his Autonomy Corp., is now facing criminal charges for allegedly deceiving Hewlett Packard. He told the jury that he wasn't involved in certain discussions and accounting decisions and described the situation as "surreal." The trial is nearing its conclusion, with both sides expected to finish presenting evidence next week before proceeding to closing arguments and jury deliberation.
Source: YAHOO
Reported 5 months ago
Martha Stewart recently shared a close-up photo on Instagram of her 13-year-old granddaughter Jude's eye, showcasing a green eye with a brown stripe in the bottom right corner, which the celebrity chef finds unique and unusual. Stewart, who is a grandmother to Jude and her brother Truman, often shares glimpses into her family life and special moments with her grandchildren on social media, including their Mother's Day celebrations and outings to events like a New York Knicks game.
Source: YAHOO
Reported 5 months ago
Lizzo shared on Instagram that she is currently feeling the happiest she has been in 10 months, indicating an improvement in her mental health. She expressed gratitude for the support and patience of her fans and mentioned working on new music to channel these positive vibes. Lizzo also addressed previous frustrations with public criticism and clarified her stance on not giving attention to negative energy.
Source: YAHOO
Reported 5 months ago
Shares of Super Micro Computer (NASDAQ: SMCI) surged by 11.3% in the morning following Nvidia's exceptional earnings report, with Nvidia's success in AI accelerator chip demand translating to strong sales for custom AI-computing computers, boosting investor confidence in Supermicro. However, the enthusiasm waned later in the day, with the stock up 2.1% by 1 p.m. ET, despite a 438% 52-week gain. Nvidia's impressive sales growth, particularly in the data center segment, bodes well for Supermicro, as it indicates continued demand for integrated computer systems needed for AI training, with Supermicro offering a more modestly priced alternative to Nvidia in the AI market.
Source: YAHOO
Reported 5 months ago
Vince Staples discusses his new album, "Dark Times," revealing it was released without traditional pre-release hype tactics to allow listeners quick access to his music. The album reflects on Staples' Long Beach upbringing and personal growth, showcasing themes of trauma and dysfunctional relationships. Staples also touches on his TV series, "The Vince Staples Show," and his approach to songwriting, emphasizing honesty and self-reflection. Looking ahead, Staples remains open to various label options and expresses optimism about the future of hip-hop, noting the genre's resilience and potential for evolution.
Source: YAHOO
Reported 5 months ago
Liz Wilcox, the fourth-place finisher on Survivor 46, reflects on her game and the finale speech she never got to give. Despite her belief that she would have beaten the final three, Liz ended up losing a final four fire-making competition to Kenzie. In her post-game analysis, Liz discusses her strategies, including voting for Charlie to win and her hypothetical jury speech emphasizing her exaggerated wealth and gameplay moves. She also shares insights into her gameplay, like helping Kenzie in challenges and her unique experiences on the show, including an Applebee's-related outburst and losing a shoe. Post-game, Liz humorously mentions consuming a significant amount of Applebee's and shares her thoughts on what she wished had been shown on TV from her Survivor journey.
Source: YAHOO
Reported 5 months ago
OpenAI has entered into a multiyear deal with News Corp., allowing the use of news content from publications like The Wall Street Journal and The New York Post for training purposes and to respond to user queries. The deal, potentially valued at over $250 million over five years, marks a shift towards collaboration between AI companies and news organizations. OpenAI has also made similar deals with other media companies globally, utilizing news content for training purposes. CEO Sam Altman sees this as a significant step towards a future where AI respects and enhances journalism standards.
Source: YAHOO
Reported 5 months ago
The article from BuzzFeed highlights various firsthand and secondhand embarrassing moments shared by individuals, inspired by a Reddit thread discussing awkward experiences. Some of the cringe-worthy incidents include witnessing a subway passenger having diarrhea, mistaking a fist bump for a wedding ring display, accidentally seeing a naked dad, experiencing a yoga class fart, and more. These anecdotes capture moments of extreme embarrassment that are unforgettable and continue to haunt the individuals involved.
Source: YAHOO
Reported 5 months ago
Nvidia's CEO, Jensen Huang, stated in an interview that Tesla is leading in self-driving technology with its Full Self-Driving (FSD) system, which is powered by Nvidia's chips. Nvidia sees automotive as a significant sector within its data center business, with automotive revenue growing 17% sequentially and 11% year over year. Huang believes that in the future, every car will have some level of autonomous driving, requiring massive computing power. Nvidia has helped Tesla expand its FSD training AI cluster to process large amounts of video data. Wall Street analysts are optimistic about Nvidia's automotive business, with JPMorgan raising the company's price target to $1,150.
Source: YAHOO
Reported 5 months ago
Former Miss Indiana Latina, Glenis Zapata, was arrested as part of a major drug bust involving a Mexican cartel and one of the DEA's most wanted fugitives, Oswaldo Espinosa. Zapata, who allegedly used her job as a flight attendant to transport drug money, was one of 18 suspects apprehended in the operation. Espinosa, the purported leader of a multi-million dollar drug trafficking ring, recruited individuals like Zapata to help move cash and cocaine across the U.S. and Mexico. The investigation was led by the Organized Crime Drug Enforcement Task Forces, targeting major drug rings in the country.
Source: YAHOO
Reported 5 months ago
Memorial Day weekend 2024 is expected to break travel records with an estimated 43.8 million people traveling at least 50 miles from Thursday to Monday, marking a 4% increase compared to 2023. The American Automobile Association predicts unprecedented congestion on roads and airports, with road trips expected to set a new record and airports preparing for a spike in travelers. Travelers are advised to prepare for traffic and plan accordingly, with specific peak times to avoid on the roads and potential congestion on public transportation systems in major cities.
Source: YAHOO
Reported 5 months ago
West Ham midfielder Lucas Paquetá has been charged by the English Football Association for allegedly breaching betting rules in relation to four matches during his first two seasons with the club. The charges accuse Paquetá of attempting to influence the outcome of matches by seeking to receive a card from the referee in order to affect the betting market. Paquetá denies the charges and has until June 3 to respond formally. West Ham has expressed support for the player throughout the process.
Source: YAHOO
Reported 5 months ago
Professional organizers recommend decluttering by discarding items like vases from flower deliveries, excess kitchen gadgets, old electronic devices, tote bags, instruction manuals, gift wrapping supplies, cookbooks, expired items, tea, extra linens, and sentimental items like Grandma's china. They advise donating, recycling, or selling these items to reduce clutter and promote a more organized living space, leading to positive changes like easier access to belongings and clearer thinking.
Source: YAHOO
Reported 5 months ago
Source: INVESTORS
Reported 5 months ago
George Floyd's daughter, Gianna Floyd, and her mother, Roxie Washington, are executive producing a movie titled "Daddy Saved the World" about George Floyd's life. The film, currently in development, aims to portray Floyd as a flawed human whose death had a global impact. The project comes close to the fourth anniversary of Floyd's murder by former police officer Derek Chauvin, with the film intending to humanize Floyd and reignite efforts for justice and equality.
Source: YAHOO
Reported 5 months ago
Independent booksellers are thriving with over 200 new stores opening in 2023, contributing to the growth of the American Booksellers Association, which now has 2,433 members. These new bookstores are diverse, with different motivations such as opposing book bans, promoting diversity, and supporting community needs. The industry still faces challenges like rising costs and competition from Amazon, leading the association to seek to join an antitrust suit against the online retail giant. Initiatives like crowdfunding and creative marketing strategies are helping these independent bookstores succeed despite the obstacles.
Source: YAHOO
Reported 5 months ago
The article discusses how, with improved talent across the board for the Chicago Bears this year, some veterans who were starters in the past may be at risk of being cut from the team. Players such as fullback Khari Blasingame, swing tackle Larry Borom, wide receiver/return specialist Velus Jones Jr., and defensive end Dominique Robinson are highlighted as veterans who could potentially be on the cutting block due to increased competition and changes in team strategy under GM Ryan Poles.
Source: YAHOO
Reported 5 months ago
Melinda French Gates and her ex-husband Bill Gates established the Bill & Melinda Gates Foundation in 2000, issuing $77.6 billion in grants focused on health and social issues. Following their divorce in 2021, French Gates resigned from the foundation in May to focus on her company, Pivotal Ventures, aiming to promote gender equality by investing in women-led businesses. Despite their personal challenges and divorce, they continued to work together at the foundation, with French Gates discussing how they navigated tough decisions while dealing with their divorce behind the scenes.
Source: YAHOO
Reported 5 months ago
The article discusses the importance of integrity and community involvement in company leadership in the trucking industry, as highlighted by Ed Nagle III, CEO of Nagle Cos. Nagle emphasizes the significance of networking, engaging with officials, and maintaining transparent and quality services to ensure long-term success in the freight industry. By prioritizing relationships with customers and industry peers over self-interest and lobbying, Nagle believes in building credibility and contributing to business sustainability, recruitment, and retention.
Source: YAHOO
Reported 5 months ago
HSBC's new office in New York's Hudson Yards area has seen a rise in employee attendance to 80%, up from 40% at its former Bryant Park location pre-pandemic, according to CEO Michael Roberts. The move began in February, with traders set to relocate in June. The office offers a hybrid working policy, open spaces with Hudson River views, a coffee bar, wellness center, and customizable workspaces. Events like a "chair fair" and "workspace fair" have been held for employees to choose furniture and desk setups. The massage chair is a particularly popular feature.
Source: YAHOO
Reported 5 months ago
The article discusses how the median U.S. home sale price has reached a record high of $387,600, with a 4% year-over-year increase. Despite a slight decrease in weekly average mortgage rates, housing costs remain high, leading to a 4.2% decline in pending home sales. The market is constrained by low inventory levels, as homeowners are hesitant to sell due to rising interest rates. Buyers are advised to take advantage of motivated sellers by negotiating under asking prices or asking for concessions. Notable metro areas with significant price increases include Anaheim, Detroit, San Jose, Oakland, and West Palm Beach.
Source: YAHOO
Reported 5 months ago
The US Ambassador to Poland criticized the Polish broadcast regulator for questioning the ownership structure of US company TVN Style, which is owned by Warner Bros. Discovery. The Polish National Broadcasting Council's inconclusive vote on TVN Style's license renewal raised concerns about breaking Polish and European law. The ambassador expressed that such actions undermine the investment climate and rule of law, while TVN defended its ownership structure and criticized the regulator's comments as an unlawful attack. This controversy stems from previous disputes involving TVN24 and the former nationalist Law and Justice government. Members of the ruling coalition parliament have submitted a motion to bring the head of the regulator before the State Tribunal over allegations of blocking financing for public media and licensing private broadcasters.
Source: YAHOO
Reported 5 months ago
Coinbase faced a loss in a narrow arbitration point in the U.S. Supreme Court, where the court ruled against the company in a dispute over which legal agreement should apply when parties are under two contracts. This ruling, which was not directly related to Coinbase's cryptocurrency business, highlights the increasing importance of arbitration issues in the technology sector. Although Coinbase had won a previous dispute over arbitration, this mixed record at the Supreme Court indicates that the decision will have limited applicability in arbitration jurisprudence going forward. The ruling suggests that when parties have two agreements—one calling for arbitration and another for court resolution—it's not clear that arbitrability should be resolved through arbitration. While this case wasn't directly related to crypto, it is expected that the Supreme Court will eventually resolve legal battles between the industry and U.S. regulators, though this process may take several years.
Source: YAHOO
Reported 5 months ago
David Tulley, the owner of seven unlicensed cannabis shops in New York, including I'm Stuck and Weed Warehouse, has been fined over $15 million by a state Supreme Court justice for operating without approval. The fine, imposed by Acting Justice Richard Healy, includes 90% of Tulley's gross sales from February 2022 to May 2023 and $10,000 for each day he operated without licenses. Tulley plans to appeal and criticized the licensing laws, stating his shops offered consulting and education about cannabis products, not actual sales; however, state authorities accused him of illegally selling to minors. New York's struggle with unlicensed cannabis shops has been ongoing since legal sales began in 2022, particularly in New York City. Tulley's shops were shut down in 2023 after promoting Easter egg hunts where eggs could be exchanged for cannabis products, raising further concerns.
Source: YAHOO