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By Virginia Furness, Karin Strohecker and Simon Jessop BAKU (Reuters) – As officials from around the world strive this week to reach a deal on funding for poorer countries to tackle climate change, investment manager Rob Drijkoningen is the sort of person they’re hoping will help get them there. Drijkoningen…
Happy Friday! A fluffy, $85 toy is taking Asia by storm, but it’s not for kids. Labubu might have an unsettling grin, but it’s meant to comfort tired corporate workers.In today’s big story, Disney reported strong earnings and has a bright outlook on the future, but it doesn’t want to…
By Amy Tennery and Dawn Chmielewski NEW YORK (Reuters) – A showdown between former heavyweight champion Mike Tyson and social media influencer-turned-fighter Jake Paul on Friday is the latest one-two punch from Netflix (NASDAQ:), as the media giant hopes to cash in on sports’ sprint to streaming. The intergenerational showdown…
US Army Rangers and Nuclear Disablement Teams trained this summer to neutralize enemy nuclear sites.The exercise reflects rising tensions with nuclear-armed nations and those pursuing such weapons.The training speaks to an evolving role for the Rangers, an elite light infantry, special ops unit. Over the summer, soldiers from the Army’s…
A former Avenue Capital fundraiser claims Marc Lasry offered her a $5 million settlement in May.Earlier this month, Lasry filed a lawsuit against Gina Strum, claiming she was trying to extort $50 million.A statement from Lasry claims the latest filings are a publicity stunt for her “malicious threats.” Billionaire Avenue…
Salesforce’s CEO criticized Microsoft’s AI Copilot, calling it overhyped and ineffective.Microsoft has announced Dynamics 365 AI agents, competing with Salesforce’s Agentforce product.The announcement came days before the general release of Agentforce, coming Friday. Salesforce CEO Marc Benioff isn’t shy about publicly bashing Microsoft, his biggest competitor in enterprise software.In a…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund D.E. Shaw shifted course in its campaign for change at industrial gases company Air Products and Chemicals (NYSE:) and is now supporting a rival activist’s efforts instead of pressing ahead with its own board challenge, sources familiar with the matter said…
Two US Navy aviators were killed last week when their fighter jet crashed during a training flight.The Navy on Monday identified the two aviators as Lt. Cmdr. Lyndsay Evans and Lt. Serena Wileman.Evans and Wileman had recently returned from flying combat missions against the Houthis. The two US Navy aviators…
The US Army conducted a joint-force, multinational training in Hawaii earlier this month.Troops focused on how to be “small and undetectable” in the electromagnetic spectrum, a commander said.The Ukraine war has demonstrated the challenges of remaining hidden from enemy sensors and electronic warfare. The US Army is taking lessons from…
Lam Wing-kee relocated Causeway Bay Books from Hong Kong to Taipei.The bookstore, known for selling books critical of the Chinese Communist Party, moved to a cheaper location in Taipei.Despite slow sales, Lam remains committed to promoting freedom and democracy in Taiwan. Running a bookstore is a tough business anywhere in…
