Putin said Russia wouldn’t have to choose between guns or butter. The price of butter is soaring.
Russian leader Vladimir Putin said his country could focus on both “guns and butter,” but sanctions have helped fuel surging prices for the dairy product. A year into his war on Ukraine, Russian leader Vladimir Putin told his country that its new focus on weapons production wouldn’t tank its economy. “There is a well-known phrase:…
Inside the litigation election, where lawyers on both sides are duking it out in the courts like never before
The 2024 presidential election between Vice President Kamala Harris and former President Donald Trump is already beating litigation records. With the 2024 US presidential election just days away, the high-stakes race is already the most litigated in modern American history. For months, Republican allies of former President Donald Trump and Democratic allies of Vice President…
A lawsuit accuses Bain Capital’s PowerSchool of trafficking in student data. The edtech giant says everything it does is legal.
PowerSchool manages data for 60 million students and their educators. It’s been 10 years since Emily Cherkin helped her son log onto a school computer on his first day of Kindergarten. “He can’t even write his name. Why am I teaching a five-year-old control-alt-delete?” she remembers asking herself. Cherkin, a Seattle mother of two, former…
One of Boeing’s biggest customers leveled fresh criticism over ongoing 737 Max delivery delays
Ryanair lowered average air fares by 10% over summer, the airline revealed in its earnings report. Europe’s largest airline by passengers, Ryanair, reported a significant drop in profits for the first half of its financial year, as ticket prices dropped and it faced delays in the delivery of new Boeing planes. Ryanair’s profits after tax…
Meta’s Threads has 275 million users. It sure doesn’t feel that way.
Meta CEO Mark Zuckerberg says Threads now has 275 million users — close to Twitter’s reported peak in 2019. Threads, the Meta-owned service that isn’t supposed to be a Twitter replacement but is also very much supposed to be a Twitter replacement, has 275 million monthly users, says Meta boss Mark Zuckerberg. Is that a…
I live in Valencia, Spain, where flooding has taken over 100 lives. I can hardly believe what’s happened here.
Jesús Lucero Ezquerro says he saw Valencia’s streets covered in water and mud. I’ve lived in Valencia for four years. Everything seemed normal on Monday — literally, nothing happened. But at 3 p.m. on Tuesday, things started getting ugly in most of the province. It was starting to rain and get very windy. Around 7:30…
Read the pitch decks of 6 startups looking to disrupt dating apps and social networking that have raised millions
A new generation of consumer-social startups is emerging. From social networks focused on getting people to meet IRL to dating apps taking on Tinder or Hinge, some startups are disrupting the digital social scene. Founders of these startups are tackling problems like loneliness, dating app fatigue, and general dissatisfaction with the current social-media incumbents. Meet…
Sherwin-Williams: Everything you need to know about the neighborhood paint store that made it to the DJIA
Sherwin-Williams will join the Dow Jones Industrial Average. Your neighborhood paint company just made it to the Dow Jones Industrial Average. The Dow Jones Industrial Average is one of the oldest stock market indexes. It includes 30 of the most influential and capitalized companies in the US economy. S&P Dow Jones Indices announced on Friday…
China lost 36% of its billionaires to years of economic troubles and crackdowns
Zhang Yiming, founder and global CEO of ByteDance, is China’s richest person with a personal wealth of $49.3 billion, according to an annual rich list by Hurun. The number of China’s billionaires has dropped by a third since 2021, according to an annual rich list, as difficulties for the country’s economy and government crackdowns took…
