Yellen informs senators United States banking system ‘stays sound’
Business

Yellen informs senators United States banking system ‘stays sound’

WASHINGTON, March 16 (Reuters) – The U.S. banking system stays sound and Americans can feel great that their deposits are safe, Treasury Secretary Janet Yellen stated on Thursday, however she rejected that emergency situation actions after 2 big bank failures indicate that a blanket federal government assurance now existed for all deposits. In her very… […]

Brazilian scientists discover ‘scary’ plastic rocks on remote island
Business

Brazilian scientists discover ‘scary’ plastic rocks on remote island

TRINDADE ISLAND, Brazil, March 15 (Reuters) – The geology of Brazil’s volcanic Trindade Island has actually captivated researchers for many years, however the discovery of rocks made from plastic particles in this remote turtle haven is stimulating alarm. Melted plastic has actually ended up being linked with rocks on the island, situated 1,140 km (708… […]

Gucci CEO Bizzarri to exit; Kering names group veteran to run transition
Business

Gucci CEO Bizzarri to exit; Kering names group veteran to run transition

July 18 (Reuters) – Kering (PRTP.PA) has named managing director Jean-Francois Palus as Gucci’s new CEO and president for a transitional period, part of a management reshuffle at the top ranks of the French luxury goods group aimed at restoring momentum at its star label.Marco Bizzarri, who has led Gucci since 2015, will leave the… […]

US opens new special probe into fatal Tesla crash
Business

US opens new special probe into fatal Tesla crash

[1/2]Tesla Model 3 vehicles are shown for sale at a Tesla facility in Long Beach, California, U.S., May 22, 2023. REUTERS/Mike BlakeWASHINGTON, July 18 (Reuters) – U.S. auto safety regulators are opening a special crash investigation into a fatal accident in California involving a 2018 Tesla Model 3 suspected of relying on advanced driver assistance… […]

Taco Bell wins ‘Taco Tuesday’ trademark dispute with rival chain
Business

Taco Bell wins ‘Taco Tuesday’ trademark dispute with rival chain

July 18 (Reuters) – Yum Brands’ (YUM.N) Taco Bell prevailed on Tuesday in its self-described bid to “liberate” the phrase “Taco Tuesday,” as competing fast-food chain Taco John’s told the U.S. Patent and Trademark Office (USPTO) it would abandon its federal “Taco Tuesday” trademark.Taco Bell had asked the USPTO in May to cancel the trademark,… […]

Focus: United Airlines grapples with pilots avoiding the captain’s chair
Business

Focus: United Airlines grapples with pilots avoiding the captain’s chair

CHICAGO, July 18 (Reuters) – United Airlines (UAL.O) first officer Phil Anderson has turned down opportunities to be promoted to captain as he does not want the unpredictable schedule that comes with the bigger paycheck.Anderson is one of many who have passed on that promotion at United, and analysts and union officials said a resulting… […]

Polygon Is Up 10% As MATIC Integration Increases Through Meta And Robinhood  Listings
Business

Polygon Is Up 10% As MATIC Integration Increases Through Meta And Robinhood  Listings

Polygon is up 10% this week as new brands announced their integration with the MATIC cryptoMeta and Robinhood’s support for Polygon has helped the crypto to jump 10% in terms of pricing.  Ethereum layer 2 solution Polygon has jumped nearly 10% following its recent integration with leading platforms like Meta and cryptocurrency exchange Robinhood.  The crypto… […]

Kyber Network Exploited for $265,000
Business

Kyber Network Exploited for $265,000

Kyber Network identified and fixed a vulnerability in the front-end.The attacker managed to steal $265,000 through malicious code that was discreetly inserted into the Google Tag Manager.The Kyber Network team has promised to reimburse victims. Kyber Network has revealed that it has been the victim of an exploit that saw $265,000 stolen. The team published… […]