Archive

Month: June 2023

America has lost half its public companies since the 1990s. Here’s why

The S&P 500 officially entered a bull market on Thursday, gaining 20% off of its October lows. But those gains came from just a few tech and AI companies with mega-cap stocks soaring higher. Cyclical and smaller companies are still largely suffering.

Why do businesses keep raising their prices?

What’s behind inflation? Some economists cite pandemic-era supply chain bottlenecks, the war in Ukraine and US economic policies; others corporate greed. But a new survey suggests the strength of customer demand has outsized influence on prices.

‘The Flash’ races into the multiverse in a movie that clicks on all cylinders

Marvel’s various forays into the multiverse have yielded a mixed bag creatively, so credit DC/Warner Bros. with striking gold on the first try with “The Flash,” a movie that wears its love for the comics that inspired it on its crimson-streaked sleeve. Funny, action-packed and effectively touching, anyone familiar with the DC stable of heroes should run, not walk, to see it.

British food: 20 best dishes

British food isn’t bad, be it English or from any of the other three corners of the UK. It’s just misunderstood. It’s time to reevaluate our assumptions with 20 classic dishes — from Yorkshire pudding to jellied eels.

‘Celebrating Jamaica 61’ with music that ‘will not expire’

Eleven years after the release of his successful Jamaica 50 compilation, Tad Dawkins, founder and head of Tad’s Records, has assembled an eclectic array of artistes for his reggae album in tribute to Jamaica’s 61st year of Independence. Titled…

Why judges use gag orders in high-profile cases like the Idaho student killings

A coalition of media organizations and the father of a murder victim are set to come to an Idaho court on Friday with the same goal in mind: challenging a gag order.

Two separate hearings are scheduled in the criminal case against Bryan Kohberger, the criminology graduate student at Washington State University accused of fatally stabbing four University of Idaho students in their off-campus home. A not guilty plea has been entered on his behalf, and the trial is set for October.

Trump shakes up legal team in wake of classified documents indictment

Former President Donald Trump’s legal team is undergoing a significant shakeup in the wake of his indictment in the special counsel’s classified documents probe.

Montego Bay designated ‘Sumfest City’ for July

The city of Montego Bay, dubbed the tourism Mecca of Jamaica, has been designated ‘Sumfest City’ for the month of July. In making the announcement, during the official press launch of Reggae Sumfest at the Iberostar Resort in Rose Hall, St James,…

OpenAI CEO calls for global cooperation to regulate AI

Sam Altman, the CEO of ChatGPT maker OpenAI, used a high-profile trip to South Korea on Friday to call for coordinated international regulation of generative artificial intelligence, the technology that underpins his famous chatbot.

Americans’ wealth rises by $3 trillion but remains below early 2022 peak

Elevated by a strong stock market, Americans’ household wealth rose to nearly $149 trillion in the first quarter of 2023, new federal data shows. But that’s still several trillion dollars shy of its recent peak.

Manchester City beats Manchester United in the FA Cup to maintain its quest for historic ‘treble’

Perfection can come in many forms and be interpreted in different ways. Manchester City has produced more polished performances under Pep Guardiola this season. There have been matches where the team has scored more and created more – yet City’s ability to dominate its opponent, to do just enough to win when it matters is as perfect as it gets on a soccer pitch. It is why this team continues to chase history this season.

Brad Pitt says in legal filing that Angelina Jolie ‘vindictively’ sold winery amid custody battle

Brad Pitt is not backing down from his legal fight against his ex-wife Angelina Jolie over a French winery they once owned together..

In new legal documents filed Thursday by Pitt’s attorneys and obtained by CNN, the actor calls Jolie’s sale of her stake of Château Miraval in 2021 “vindictive” after an “adverse custody ruling.”

DeSantis is trying to convince Republicans the Trump years weren’t all that great. Will they believe him?

Behind the scattershot criticism Florida Gov. Ron DeSantis has levied at former President Donald Trump since entering the 2024 race is an unmistakable message to Republican voters: The Trump years weren’t as great as you remember.

It’s not a message Iowa voter Mark Skaff wants to hear.

“I would’ve loved to have seen another four years of President Trump,” Skaff said after attending a DeSantis event Wednesday in western Iowa. “His policies were spectacular.”

Deadly train crash renews questions over safety of India’s rail system

One of the worst train accidents in India’s history is raising questions over the safety of the country’s massive and outdated rail network, as the government invests in its modernization.

More than 280 people were killed and over 1,000 injured in a three-way crash involving two passenger trains and a freight train in eastern Odisha state on Friday, officials said.

Cause and ‘people responsible’ for India train crash that killed hundreds have been identified, rail minister says

The cause of a train crash that killed hundreds of people in India – and the people responsible for it – have been identified, India’s railways minister said on Sunday.

Ashwini Vaishnaw said the three-way crash involving two passenger trains and a freight train in eastern Odisha state on Friday had happened “due to a change in electronic interlocking” – a reference to the signaling system used by railways – and that an investigation would show “who was responsible for that mistake.”

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