Author: i2wtc
U.S. Representative Nancy Pelosi (D-CA) takes the stage on Day 3 of the Democratic National Convention (DNC) at the United Center, in Chicago, Illinois, U.S., August 21, 2024.Kevin Wurm | ReutersNancy Pelosi, the California Democrat who made history as the first female speaker of the House of Representatives, said Thursday she will not seek reelection to Congress next year.Pelosi, 85, has served in the House for nearly four decades.”There has been no greater honor for me than to stand on the House floor and say, ‘I speak for the people of San Francisco,'” Pelosi said in a video posted on…
Peloton stationary bikes for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty ImagesPeloton is recalling its original Bike+ after receiving reports that the seat post broke and detached from the equipment during use, leading to two injuries, the Consumer Product Safety Commission said in a news release Thursday. The recall impacts 833,000 units, touching every original Bike+ the company sold that was manufactured between 2019 and 2022. The bikes were sold between January 2020 and April 2025 but Peloton stopped manufacturing them in 2022. The recall comes after Peloton received…
Metropolis, which uses AI and computer vision to identify vehicles and take parking lot payments without any physical transaction, has raised $1.6 billion in combined debt and equity in a new fundraising round at a $5 billion valuation.Already the largest parking lot network in the U.S., handling more than 7% of licensed drivers (nearly 20 million people) across over 4,000 locations, the Santa Monica, California-based company is planning to use the capital for a major expansion across the retail sector, including gas stations and quick-service restaurant drive-thru windows, as well as into hotels and office buildings.”With this new capital, we’re…
Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, hears a work report on the building of the Hainan Free Trade Port (FTP) and delivers an important speech in Sanya, south China’s Hainan Province, Nov. 6, 2025. (Xinhua/Xie Huanchi)SANYA, Nov. 6 (Xinhua) — Chinese President Xi Jinping on Thursday stressed adopting high standards for building the Hainan Free Trade Port (FTP).Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made the remarks when hearing a…
Committee members criticised the NCCIA for failing to act despite multiple complaints Cyber fraud targeting parliamentarians and the ongoing data leak controversy dominated discussions during a meeting of the Senate Standing Committee, which met on Thursday. The panel, chaired by Senator Faisal Saleem Rehman, received a detailed briefing from the Director General of the National Cyber Crime Investigation Agency (NCCIA), Syed Khurram Ali. The briefing addressed corruption within the NCCIA, allegations of bribery against officers, and the misuse of authority. Sensitive portions of the agenda, including the illegal online sale of Pakistani citizens’ data, were held privately. Following the emergence…
The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty ImagesCustomers used to hold up Target as an example of how to run large, yet sparkling stores.Yet in recent years, shopper complaints about sloppier aisles, longer checkout lines, locked-up merchandise and out-of-stock items have dogged the Minneapolis-based retailer, contributing to sagging sales.To help fix that, Target is making a move that may seem counterintuitive: It’s shaking up its online strategy. The move is a response to Target’s unique strategy of fulfilling the vast majority of its…
With the help of advanced cameras installed under the Safe City Project in Karachi, 11 suspects were arrested in 16 days. With the help of the modern cameras installed in the city, 31 vehicles that were stolen, snatched, had fake number plates, or had “Applied For Registration” status were also seized in 19 days. Details show that the results of installing advanced cameras under the Safe City Authority in Karachi have started emerging. With the help of modern cameras, 11 suspects were arrested in 16 days. Director General (DG) Safe City Authority Asif Ejaz Shaikh told The Express Tribune that…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Gonzalo Fuentes | ReutersTesla is expected to announce on Thursday the results of a shareholder vote determining whether CEO Elon Musk should receive a pay package of nearly $1 trillion worth of stock over the next decade.There’s little mystery to the outcome.The electric vehicle company has suggested that shareholders approve the plan. Between Musk’s substantial ownership and a hefty base of retail investors who almost always vote with the CEO, the numbers are difficult for the…
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025.Jeenah Moon | ReutersA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Investment firms of ultra-rich families have scaled back their deal-making throughout 2025, and the last quarter of the year is not off to a promising start. In October, family offices made 51 direct investments, down 63% on an annual basis, according to data provided…
Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, hears a work report on the building of the Hainan Free Trade Port (FTP) and delivers an important speech in Sanya, south China’s Hainan Province, Nov. 6, 2025. (Xinhua/Xie Huanchi)SANYA, Nov. 6 (Xinhua) — Chinese President Xi Jinping on Thursday stressed adopting high standards for building the Hainan Free Trade Port (FTP).Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made the remarks when hearing a…