CNN — Indonesia warns people against consuming liquid nitrogen after more than 20 children were injured eating a street snack known as ‘dragon’s breath’ which is at the center of a new video trend dangerous virus. Children have suffered burns to their skin, severe stomach pains and food poisoning after consuming the colorful candies, according … Read more
New York CNN — T-Mobile said a “bad actor” accessed the personal data of 37 million current customers during a data breach in November. In a regulatory filing on Thursday, the company said the hacker stole customer data including names, billing addresses, emails, phone numbers, dates of birth, T-Mobile account numbers and information describing the … Read more
New York CNN — Netflix announced on Thursday that its founder Reed Hastings is stepping down as co-CEO of the company and will become executive chairman. Hastings will be replaced by co-CEOs Ted Sarandos and Greg Peters. “Our board has been discussing succession planning for many years (even founders need to evolve!),” Hastings wrote in … Read more
Paris/London CNN — Strikes disrupted rail services, flights, schools and businesses in France on Thursday as unions led huge protests against government plans to raise the retirement age for most workers. Protests in major French cities, including Paris, Marseille, Toulouse, Nantes and Nice, brought transport services to a standstill on Thursday. The Eiffel Tower was … Read more
New York CNN — Party City filed for bankruptcy protection on Tuesday, weighed down by competition and years of financial losses. The largest chain of party supplies and Halloween specialties in the United States said in a regulatory filing that it had reached an agreement with creditors to reduce its debt by $ 1.7 billion. … Read more
New York/London CNN — Microsoft (MSFT) could announce thousands of job cuts on Wednesday, according to multiple reports, potentially becoming the latest tech company to lay off its workforce as the global economy slows. Sky News, without citing sources, said the layoffs would affect around 5% of the company’s workforce. Microsoft employs 221,000 people worldwide, … Read more
hong kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-loose monetary policy, defying market expectations that rising inflation could force the central bank away from low interest rates. . The BOJ kept its yield curve control (YCC) targets unchanged at the end of a two-day policy … Read more
Seoul, South Korea CNN — As China continues to develop what is already the world’s largest navy, a US Naval War College professor is issuing a warning to US military planners: In naval warfare, the largest fleet almost always wins. Writing in the January issue of US Naval Institute Proceedings magazine, Sam Tangredi says if … Read more
hong kong CNN — China’s economy grew just 3% in 2022, well below the government’s target, marking one of the worst performances in nearly half a century. Growth was heavily impacted by months of widespread Covid shutdowns and a historic downturn in the housing market. Still, the number is slightly above market expectations, with some … Read more
New York CNN — Tracking used car prices is enough to give anyone a boost. Since the onset of the pandemic and the resulting disruptions in new car supply chains drove prices up for the first time, used car prices have posted their largest annual increase on record – in up 45% in the 12 … Read more
