Raytheon Accumulated a Backlog of $185 Billion

Raytheon Accumulated a Backlog of $185 Billion

Raytheon has called in retired engineers to teach its employees how to build the Stinger missiles heavily used by Ukraine’s military—using blueprints drawn up during the Carter administration. It’s the latest example of a private company working to ramp up...
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Alibaba CEO Daniel Zhang to step down

Alibaba CEO Daniel Zhang to step down

Daniel Zhang, who has been the Chinese conglomerate’s chief for eight long years, is being replaced. Eddie Wu, now chairman of Alibaba’s online shopping arms Taobao and Tmall, will take over as chief executive. Zhang, who became chairman in 2019, will...
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Study: Longevity Isn’t Really About Our Genes

Study: Longevity Isn’t Really About Our Genes

A new study adds to mounting evidence that our health and longevity are primarily a result of our environment and lifestyle. The authors of the study, published in the Human Kinetics Journal, sought to analyze the relationship between physical activity and s...
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Countering the counter-offensive

Countering the counter-offensive

Newest news about Leopards in Zoo: “The Ukrainian Armed Forces’ total losses in south Donetsk direction were over 1,500 servicemen, 28 tanks, including eight German-made Leopard tanks and three French-manufactured AMX-10 wheeled tanks, as well as 109 o...
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BIS To Use AI To Monitor Global Bank Transactions For “Money Laundering”

BIS To Use AI To Monitor Global Bank Transactions For “Money Laundering”

As the IMF is currently gearing up to introduce its new global CBDC system called the UMU (also known as the Unicoin), The Bank for International Settlements (BIS) has been busy with multiple projects designed to centralize all international banks...
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Tesla net income and earnings drop more than 20%

Tesla net income and earnings drop more than 20%

Tesla profit miss estimates, gross margin dips to 19.3% on price cuts. Shares in electric vehicle maker Tesla dropped more than 4% after the company reported first-quarter earnings after the bell. Net income came in at $2.51 billion, down 24%...
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Apple now gets roughly 7% of its iPhones from India

Apple now gets roughly 7% of its iPhones from India

Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a move beyond China. The US company now makes almost 7% of its iPhones in India...
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Macron Says Europe Should Reduce Dependence On US Dollar

Macron Says Europe Should Reduce Dependence On US Dollar

After spending around six hours with Chinese President Xi Jinping as part of a three-day state visit to China, Macron made extremely clear that France wants nothing to do with WWIII, emphasizing that Europe must employ “strategic autonomy,” presum...
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Major global powers ditching the U.S. dollar

Major global powers ditching the U.S. dollar

The global trend of substituting the US dollar with local currencies in the trade of goods and transactions has been on the rise, with countries hoping to reduce their dependence on Washington and prevent it from further exploiting its power...
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‘Dr. Doom’: Most US banks are “technically near insolvency,” with hundreds already “fully insolvent.”

‘Dr. Doom’: Most US banks are “technically near insolvency,” with hundreds already “fully insolvent.”

Renowned economist Nouriel Roubini, who predicted the global financial crisis of 2008 caused by fraudulent MBS, has issued a grim assessment of US banking sector’s status. In an opinion piece for Project Syndicate, Roubini, nicknamed ‘Dr. Doom’ by Wa...
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SEC Chair Gary Gensler To Face Congress Grilling Over Crypto Policy

SEC Chair Gary Gensler To Face Congress Grilling Over Crypto Policy

The United States Securities and Exchange Commission (SEC) chief Gary Gensler is set to testify before the House Financial Services Committee for the first time. In an interview, Representative Patrick McHenry, chairman of the Financial Services Committee, co...
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Rumour: Hypersonic Missile Kinzhal Destroyed NATO’s Deep Underground Command Bunker in Kiev

Rumour: Hypersonic Missile Kinzhal Destroyed NATO’s Deep Underground Command Bunker in Kiev

Note: This is a rumour, unconfirmed by thousands of other media outlets. The Greek portal of political and military information Pronews, citing American sources: A Russian hypersonic missile “Kinzhal” struck at a joint Ukrainian-NATO command and communicat...
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USDC Depegs From $1

USDC Depegs From $1

U.S.-based casual stablecoin USDC issuer Circle held a part of its USDC stablecoin’s cash reserves at Silicon Valley Bank as of Jan. 17, according to the firm’s latest attestation. USDC is the second-largest stablecoin on the market, with a $43 bill...
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Iran and Saudi Arabia agree to resume relations

Iran and Saudi Arabia agree to resume relations

Iran and Saudi Arabia have reached an agreement in the Chinese capital of Beijing to restore their diplomatic relations and re-open embassies and missions, seven years after their ties were broken off over several issues. The agreement was struck on Friday...
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$28.8 Billion Worth Adidas Projects Major Losses in Revenue

$28.8 Billion Worth Adidas Projects Major Losses in Revenue

Adidas is suffering after bidding goodbye to Kanye West. The brand and the celebrity majorly uplifted each other with their Yeezy collaboration, which began in 2015. The partnership became super successful, making billions of dollars in revenue, which came to...
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