Author: i2wtc
Listen to article LAHORE: Pakistan Tehreek-e-Insaf (PTI) denounced the verdicts issued by anti-terrorism courts, sentencing senior party leader Dr Yasmin Rashid and 40 others to 10 years in prison in connection with the May 9 riots case. The party labelled the decision politically motivated and a serious blow to judicial integrity. PTI has called the ruling an attempt to disrupt its planned rally on August 5, intended to mark the anniversary of Imran Khan’s arrest. Despite the setback, the party has vowed to continue with its political activities. Dr Yasmin, 72, a former provincial health minister and cancer survivor, has been in custody…
Sundar Pichai, CEO of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, April 3, 2024.Justin Sullivan | Getty ImagesGoogle is going to spend $10 billion more this year than it previously expected due to the growing demand for cloud services, which has created a backlog, executives said Wednesday.As part of its second quarter earnings, the company increased its forecast for capital expenditures in 2025 to $85 billion due to “strong and growing demand for our Cloud products and services” as it continues to expand infrastructure to power more AI services that use its cloud technology.…
U.S. President Donald Trump walks before signing the “Genius Act”, which will develop regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry, at the White House in Washington, D.C., U.S., July 18, 2025. Nathan Howard | Reuters Attorney General Pam Bondi told President Donald Trump at a meeting in May that his name appeared multiple times in Department of Justice documents about sex offender Jeffrey Epstein, The Wall Street Journal reported Wednesday.The May date reported by the Journal was weeks before the DOJ’s July 7 announcement that it would not release the Epstein files despite earlier promises by the attorney general, who leads the DOJ, and…
Actor Alizeh Shah took to Instagram this week to share a deeply personal and emotional account of her experiences in the Pakistani entertainment industry. Framing it as her final attempt to reclaim her narrative, the Ehd-e-Wafa star opened up about years of harassment, exploitation, media ridicule, and what she describes as a toxic, patriarchal culture that repeatedly tried to silence her. “I’m going to expose every single person who did me wrong,” Shah declared in a series of video stories. “I’m done with people trolling me, making fun of me, and making memes out of me. You guys have no…
[The stream is slated to start at 5 p.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump is set to deliver remarks on artificial intelligence and sign AI-related executive orders as he rolls out his administration’s “action plan” to give the U.S. a competitive advantage with the nascent technology.White House officials said earlier Wednesday that the plan includes requiring AI developers to ensure their chatbots are “free of ideological bias” in order to be eligible for federal contracts.”We believe that AI systems should be free of ideological bias and not…
Chipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter.The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior projection of a low-single-digit percentage increase. Chipotle trimmed its same-store sales outlook for the second consecutive quarter.But the company said sales trends are turning around. Starting in June, customers have been returning to Chipotle restaurants, thanks to its summer promotions and the launch of its Adobo Ranch dip, CEO Scott Boatwright said on CNBC’s “Closing Bell: Overtime.”Shares of the company fell 9% in extended trading.Here’s what the company reported for its second quarter compared with…
Listen to article LAHORE: The Lahore High Court (LHC) has restored the inheritance rights of three sisters after 38 years, nullifying a controversial Tamleek (gift mutation) that their brother had used to fraudulently deprive them of their lawful share in their father’s property. Justice Malik Javed Iqbal Wains of the LHC’s Multan Bench ruled that the Tamleek mutation, executed on June 28, 1987, was invalid. The court rejected the respondent Abdul Sattar’s claim that their late father had gifted him 33 Biggas and a few Marlas of land out of “love and affection”. Abdul Sattar contended that the transfer was made while…
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.Stefan Wermuth | Bloomberg | Getty ImagesIBM shares fell as much as 5% in extended trading on Wednesday after the tech conglomerate issued second-quarter results that topped Wall Street projections.Here’s how the company did in comparison with LSEG consensus:Earnings per share: $2.80 adjusted vs. $2.64 expectedRevenue: $16.98 billion vs. $16.59 billionIBM’s revenue increased nearly 8% year over year in the quarter, according to a statement. Growth in the first quarter was below 1%. Net income, which includes costs related to acquisitions, rose to $2.19…
From left, Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska, talk as they arrive for a vote in the U.S. Capitol on Wednesday, April 30, 2025. Bill Clark | Cq-roll Call, Inc. | Getty ImagesRepublican Sens. Susan Collins and Lisa Murkowski are joining Democrats to back a new bill that would exempt millions of U.S. small businesses from President Donald Trump’s tariffs on Canadian goods.The two-page bill, titled the “Creating Access to Necessary American-Canadian Duty Adjustments Act” — which shortens to the CANADA Act — comes as Trump threatens to slap a blanket 35% tariff on Canadian imports starting…
A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport on May 16, 2025 in Arlington, Virginia. Kevin Carter | Getty ImagesSouthwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks.The airline also announced a new $2 billion share buyback.Here’s how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from LSEG:Earnings per share: 43 cents adjusted vs. 51 cents expectedRevenue: $7.24 billion vs. $7.3 billion expectedThe carrier pulled its 2025 guidance in April, citing economic uncertainty in…