Trump Media & Technology Group, the owner of former President Donald Trumps social networking site Truth Social, lost more than $300 million last quarter, according to its first earnings report as a publicly traded company. For the three-month period that ended March 31, the company posted a loss of $327.6 million, which it said included $311 million
Victims of the infected blood scandal will get £210,000 as an interim compensation payment from as early as this summer, the government has announced. Cabinet minister John Glen told parliament the initial payment will be given to people living with the effects of contaminated blood “within 90 days, starting in the summer”. Infected people who
The International Monetary Fund (IMF) has said the UK economy is heading for a “soft landing” but reiterated its message to Jeremy Hunt that he should not have cut national insurance at the last two fiscal events. In its annual check-up on the state of Britain’s economy, the Washington-based Fund also warned of a black
Photo: Mercedes-Benz High-Power Charging Network Mercedes-Benz High-Power Charging just opened more DC fast chargers at Buc-ee’s stores in the Dallas-Forth Worth area. Three new Mercedes DC fast charging stations are at Buc-ee’s in Fort Worth, Temple, and Royse City. Mercedes asserts that every one of its chargers offers up to 400 kW of power. It’s
The rate of price rises has dropped to 2.3% in April – the lowest in nearly three years and closer to the Bank of England’s target, according to official data. Inflation is at a low not seen since July 2021, the Office for National Statistics (ONS) said. Money latest: Do Sunak and Hunt deserve any
Satya Nadella, chief executive officer of Microsoft Corp., speaks during a company event on AI technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft is touting new computers with advanced chips designed to run artificial intelligence features of software for Windows, without quickly using up battery life. The
To keep up with surging BYD, Tesla, and other EV makers, Toyota is launching a new all-electric crossover. The Toyota bZ3C looks like the new Prius, but the electric SUV crossover won’t be available in the US. Toyota to launch bZ3C in China as new BYD rival “What kind of BEV would bring smiles to
Iranian President Ebrahim Raisi looks on during a TV interview, in Tehran, Iran May 7, 2024. Iran’s Presidency | WANA | Via Reuters Crude oil futures were little changed Monday after Iran’s president and foreign minister died in a helicopter crash. President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian perished in the crash in Iran’s
“Workers united, will never be defeated!” a man shouts into a loud hailer. He is part of a crowd marching through the streets of Manchester in a May Day parade, organised by some of Britain’s biggest trade unions. The sun is shining and there’s a festival atmosphere, as his fellow marchers hold aloft placards about
Prime Minister Rishi Sunak has offered a “wholehearted and unequivocal” apology to the victims of the infected blood scandal, saying it was a “day of shame for the British state”. Mr Sunak said the findings of the Infected Blood Inquiry’s final report should “shake our nation to its core”, as he promised to pay “comprehensive
Two state lawmakers say it’s time to roll the dice on awarding casino licenses in the New York City area and are backing a bill that would speed up the current much-criticized timetable. Sen. Joseph Addabbo (D-Queens) and Assemblyman Gary Pretlow (D-Mount Vernon) are pushing a proposed law in the waning days of the state legislative
Loading… Loading… Coinbase Global COIN is set to report first-quarter 2024 earnings on May 2, after market close. The company delivered an earnings surprise in each of the last four reported quarters. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Trading volumes in the first quarter are likely
The tragic death of former Green Beret and Bank of America employee Leo Lukenas III has become a flashpoint of anger over allegedly unrealistic work expectations on Wall Street partly because some bankers say Lukenas’ experience is so similar to their own. While there is no evidence that job-related stress caused the blood clot that
OpenAI eliminated a team focused on the risks posed by advanced artificial intelligence less than a year after it was formed and a departing executive warned Friday that safety has taken a backseat to shiny products at the company. The Microsoft-backed ChatGPT maker disbanded its so-called Superalignment, which was tasked with creating safety measures for
Sports Illustrateds tumultuous breakup with its publisher caused the magazine to skip production of the May edition leaving more than 1 million subscribers with empty mailboxes last month, The Post has learned. Arena Group which had its license revoked in January after failing to make a $3.75 million quarterly payment to rights-holder Authentic Brands refuses
Google and Meta are spearheading a fierce push to kill New York legislation aimed at protecting children online and the controversial lobbying battle is poised to surpass $1 million in spending, The Post has learned. A group of Big Tech firms, advocacy groups and companies from other sectors have spent $823,235 lobbying Albany lawmakers through
Two state lawmakers say it’s time to roll the dice on awarding casino licenses in the New York City area and are backing a bill that would speed up the current much-criticized timetable. Sen. Joseph Addabbo (D-Queens) and Assemblyman Gary Pretlow (D-Mount Vernon) are pushing a proposed law in the waning days of the state legislative
Loading… Loading… Coinbase Global COIN is set to report first-quarter 2024 earnings on May 2, after market close. The company delivered an earnings surprise in each of the last four reported quarters. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Trading volumes in the first quarter are likely
The tragic death of former Green Beret and Bank of America employee Leo Lukenas III has become a flashpoint of anger over allegedly unrealistic work expectations on Wall Street partly because some bankers say Lukenas’ experience is so similar to their own. While there is no evidence that job-related stress caused the blood clot that
OpenAI eliminated a team focused on the risks posed by advanced artificial intelligence less than a year after it was formed and a departing executive warned Friday that safety has taken a backseat to shiny products at the company. The Microsoft-backed ChatGPT maker disbanded its so-called Superalignment, which was tasked with creating safety measures for