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Shipping Insurance Rates Soar as Red Sea Crisis Bites

AFP — Attacks on commercial ships in the Red Sea by Yemen’s Houthi rebels have sent insurance premiums soaring, exacerbating costs already rising due to higher freight costs and the extension of alternative trade routes. Since November, the Houthis have carried out relentless attacks on ships transiting the Red Sea, a maritime hub through which […]

Nvidia’s sales soar on generative AI boom

Dutch Masters, CEO of Carnivore Trading, said investors should use the Craman Countdown to gauge the breadth of the market. Artificial intelligence giant Nvidia released its long-awaited fourth-quarter earnings report on Wednesday, showing a big jump in quarterly revenue from a year ago and reassuring investors that the company’s AI edge is alive and well. […]

HSBC: Bank's pre-tax profits soar fuelled by high interest rates – BBC.com

Written by Mariko Oi business reporter February 21, 2024, 04:42 GMT Updated 1 hour ago image source, Getty Images image caption, The bank makes most of its profits in Asia, especially China and Hong Kong. HSBC, Europe’s largest bank, saw its pre-tax profit increase by about 80% thanks to high interest rates, reaching $30.3 billion […]

Shares of Donald Trump-backed Digital World soar after feds finally clear Truth Social deal

The Securities and Exchange Commission on Thursday cleared the way for a merger between blank check acquisition firm Digital World Acquisition Corp. and former President Donald Trump’s media technology company. digital world Said The registration statement for a proposed merger with Trump Media & Technology Group (TMTG), the operator of social media platform Truth Social, […]

Disney tops earnings forecast, shares soar in extended trading

Skip Shah, president of the Disney Day Drinkers Club, shares the latest information about creative mascots on The Bottom Line. Walt Disney Co. announced an investment in Fortnite maker Epic Games on Wednesday, handily beating Wall Street’s revenue expectations, boosted by the theme park’s record performance and continued cost-cutting efforts. Even before the company’s investor […]

Syphilis Cases in U.S. Soar to Highest Levels Since 1950s

Syphilis rates have risen to levels not seen in the United States since the 1950s, a federal report on sexually transmitted infections among adults revealed Tuesday. As the epidemic of sexually transmitted diseases continues to expand in Japan, it has been reported that by 2022, the total number of people infected with chlamydia, gonorrhea, and […]

Chicago car thefts soar to record high in 2023, but arrests hit record low

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UPenn, which hosts Biden’s think tank, sees Chinese, CCP-linked donations soar

The University of Pennsylvania, home to President Biden's think tank, recently tripled its donations from China, Fox News Digital said after reviewing its records. The Washington, D.C., office of Biden's think tank, the Penn Biden Center for Foreign Affairs and Global Engagement, was previously found under the microscope after secret documents were discovered at the […]