Author: i2wtc
Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, on July 9, 2025.Sergio Flores | ReutersFirefly Aerospace will price shares at $35 to $39 each in its upcoming initial public offering, a deal that would value the rocket maker at about $5.5 billion.The Texas-based space company said in an updated prospectus Monday that it’s planning to sell about 16.2 million shares. The offering could raise up to $631.8 million.Earlier this month, Firefly filed its plans to go public on the Nasdaq under the ticker symbol “FLY.”Its debut comes amid a…
President Donald Trump said Monday that he will likely implement a blanket tariff between 15% and 20% on imports to the United States from countries that have not negotiated separate trade agreements.”For the world, I would say it’ll be somewhere in the 15% to 20% range … I just want to be nice,” Trump said in Turnberry, Scotland, alongside United Kingdom Prime Minister Keir Starmer.”I would say in the range of 15% to 20% probably one of those two numbers,” he continued.The figures are significant because they represent an increase from the 10% baseline tariff Trump announced in April of this year.It…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the Institute of International Finance (IIF) during the annual meetings of the IMF and World Bank in Washington, DC, US, on Thursday, Oct. 24, 2024. Kent Nishimura | Bloomberg | Getty ImagesJPMorgan Chase says fintech middlemen — the companies that have helped a new generation of financial apps connect with traditional checking accounts — are flooding the bank’s systems with unnecessary data requests.”Aggregators are accessing customer data multiple times daily, even when the customer is not actively using the app,” a JPMorgan systems employee wrote last week in an internal…
From robots that help make chips to those that prepare avocados for guacamole, Chipotle is using AI to make its restaurants more efficient while allowing workers to focus on other tasks. The fast casual restaurant chain is also applying AI to the process of hiring workers, allowing managers to stay more focused on running their restaurants.Chipotle added an AI-powered platform to its hiring process that it dubbed “Ava Cado.” The platform, created by AI HR firm Paradox, is essentially a conversational chatbot that interacts with job candidates, answers questions about the company and the job, collects information about them, and…
Portrait of American financier Jeffrey Epstein, left, and Donald Trump as they pose together at the Mar-a-Lago estate in Palm Beach, Florida, in 1997.Davidoff Studios Photography | Archive Photos | Getty ImagesPresident Donald Trump on Monday said he threw his longtime friend Jeffrey Epstein out of his Mar-a-Lago club and cut ties with him years ago because “he stole people who worked for me.”Trump said Epstein poached at least one more employee from him after being warned not to do it again.The president, speaking in Scotland, provided no other details of the dispute with Epstein, who killed himself in a…
Listen to article Deputy Prime Minister and Foreign Minister Ishaq Dar held a telephonic conversation with the Foreign Minister of Turkiye, Hakan Fidan. The two leaders strongly condemned Israel’s ongoing atrocities in Gaza and expressed grave concern over the deepening humanitarian catastrophe, including starvation, forced displacement, and loss of innocent lives. They underscored the urgency of unimpeded humanitarian aid, an immediate ceasefire, and united international efforts for a just, lasting, and comprehensive peace. Expressing unwavering support for the Palestinian people and their just cause, they hoped for meaningful outcomes from the international conference on the implementation of the two-state solution, being held…
Elena Nadolinski, founder and CEO at Iron Fish, and Dylan Field, CEO and co-founder of Figma, attend the annual Allen and Co. Sun Valley Media Conference in Sun Valley, Idaho, on July 7, 2022.Brendan Mcdermid | ReutersDesign software maker Figma on Monday increased the expected price range for shares in its initial public offering this week.The company now expects shares to go for $30 to 32 each, up from the range of $25 to $28 that it disclosed on July 21.The new range, announced in a regulatory filing, suggests Figma would be worth $17.6 billion to $18.8 billion on a…
U.S. President Donald Trump and Rupert Murdoch. Kevin Lamarque | Ricky Carioti | Via ReutersLawyers for President Donald Trump asked a judge on Monday to order Rupert Murdoch to sit for a deposition soon in Trump’s $10 billion lawsuit accusing the media mogul of defaming him in a Wall Street Journal article about a “bawdy” birthday letter to sex offender Jeffrey Epstein.Trump’s lawyers cited Murdoch’s advanced age to submit to questioning under oath as a chief argument in their motion to compel him to testify earlier than would be normal in such a lawsuit, suggesting that Murdoch will either be…
Jack Haley (1898 – 1979) as the Tin Man, Bert Lahr (1895 – 1967) as the Cowardly Lion, Judy Garland (1922 – 1969) as Dorothy, Ray Bolger (1904 – 1987) as the Scarecrow and Frank Morgan (1890 – 1949) as the Doorman to the Emerald City in “The Wizard of Oz.”Silver Screen Collection | Moviepix | Getty ImagesThe Las Vegas Sphere will soon screen 1939’s “The Wizard of Oz” in the immersive event venue’s first film experience.The project places viewers inside the world of Oz using the Sphere’s 160,000-square-foot wraparound screen. The film will play in 16K resolution with full…
An aerial drone photo taken on Dec. 25, 2024 shows a view of the standard-gage yard of Horgos railway port in Horgos, northwest China’s Xinjiang Uygur Autonomous Region. (Xinhua/Chen Shuo)URUMQI, July 28 (Xinhua) — Alashankou and Horgos, two major railway hubs in northwest China’s Xinjiang Uygur Autonomous Region, had recorded a combined total of more than 10,000 China-Europe (Central Asia) freight train trips this year as of Monday, according to China Railway Urumqi Group Co., Ltd.This means that since the beginning of 2025, China-Europe freight trains passing through Xinjiang’s two major ports had accounted for over half of China’s total…