Monday, April 29, 2024

Business

Rare Single Malt Scottish Whisky Cask Sells For £16 million

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NEW YORK (VINnews)  — A whisky collector from Asia has bought a cask of Ardbeg distilled in 1975 for a record-breaking £16 million. The sale price surpasses any auction record for ...

Looming Musk-Twitter Legal Battle Drags On Company Shares

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NEW YORK (AP) — Shares of Twitter slid more than 6% before the opening bell Monday after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and t...

Elon Musk Says He’s Terminating $44B Twitter Buyout Deal

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Elon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse — after the Tesla CEO sent a letter to Twitter's board saying he is terminating the acquisition. ...

Bodega Worker Released on Bail After Murder Charge, Despite Video Showing Self-Defense

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NEW YORK CITY (Yaakov M / VINnews) The Manhattan bodega employee who was charged with murder after killing an attacker in self-defense, has been released on bail. Jose Alba, 61,...

Woke Twitter Caves Into Pressure, Reinstates Conservative Account After ‘Permanent’ Ban

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CALIFORNIA (VINnews) The evil Twitter banning machine has struck again. This time, the victim was Breaking911, a news outlet that boasts a Twitter following of close to 1 millio...

Israel To Reopen Economic Office In Turkey After Three-Year Hiatus

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JERUSALEM (JNS) - Israel’s Economy and Industry Minister announced on Tuesday that Israel will reopen its economic office in Istanbul, Turkey, on August 1, after the office’s activ...

Amazon Faces UK Investigation Over Anti-Competitive Concerns

LONDON (AP) — Britain's competition watchdog is investigating whether Amazon is harming competition and hurting consumers by giving an unfair advantage to merchants that pay for ex...

Jewish Family Sues Southwest Airlines Over Crippling Injuries to Daughter

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SOUTH FLORIDA (VINnews) A Jewish family is suing Southwest Airlines, after their disabled daughter was thrown from her wheelchair while boarding a flight, leaving her with life-alt...

Ben & Jerry’s Sues Parent Company Unilever Over Sale Of Israeli Business

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NEW YORK (JTA) - Ben & Jerry’s is not letting go of its West Bank pullout goal without a fight — with its parent company. The iconic ice cream brand has filed a lawsuit agai...

Bank Of England: Crypto Crashes Show Need For Tougher Rules

LONDON (AP) — The Bank of England warned Tuesday that recent cryptocurrency meltdowns that wiped out more then $2 trillion in value highlight the need for tougher financial regulat...

Tesla’s 2Q Sales Drop Amid Supply Chain, Pandemic Problems

DETROIT (AP) — Tesla's sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled producti...

Key Inflation Gauge Remains A High 6.3%

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WASHINGTON (AP) — A measure of inflation that is closely tracked by the Federal Reserve rose 6.3% in May from a year earlier, unchanged from its level in April. Thursday's repor...

Powell: ‘No Guarantee’ Fed Can Tame Inflation, Spare Jobs

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WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said there's “no guarantee'' the central bank can tame runaway inflation without hurting the job market. Speaking Wednesday...

Employee Mistakenly Gets Paid 330X his Monthly Salary, then Resigns and Disappears

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CHILE (VINnews) — An employee got a massive bonus from his work…albeit by mistake. Now that man has vanished, along with the cash. The worker at a company in Chile which makes c...

US Consumer Confidence Slumps To Lowest Level In 16 Months

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WASHINGTON (AP) — U.S. consumer confidence slipped to its lowest level in 16 months as persistent inflation and rising interest rates have Americans as pessimistic as they've been ...

Netflix Co-Founder Helps Direct Startups Amid Tech Turmoil

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SANTA CRUZ, Calif. (AP) — Longtime Netflix CEO Reed Hastings is renowned for building a video streaming service that has transformed entertainment, but it probably wouldn't have ha...

Greedflation: Is Price-Gouging Helping Fuel High Inflation?

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WASHINGTON (AP) — Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentl...

The Frum City Lawyer and Her Scare

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by Rabbi Yair Hoffman for 5tjt.com Sara’s lifelong dream was to help people and to protect children.  She became a lawyer for Child and Family Services.  She had tried hundreds ...

Instagram Tests Using AI, Other Tools For Age Verification

Instagram is testing new ways to verify the age of people using its service, including a face-scanning artificial intelligence tool, having mutual friends verify their age or uploa...

Yelp Closes Three US Offices, Says Remote Work Is Its Future

Yelp is closing three of its U.S. offices after finding most of its employees prefer to work remotely. In a blog post Thursday, Yelp Co-Founder and CEO Jeremy Stoppelman said th...