massive
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) -Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 billion. Hwang was sentenced by U.S. District Judge Alvin Hellerstein…
By Stefanie Eschenbacher SAO PAULO (Reuters) – Brazil’s foodie hub Sao Paulo may be best known for its prized cuts of grilled meat and lavish sushi spreads, but some upscale restaurants are featuring a novel star ingredient: soy. The agricultural powerhouse is the world’s top producer of soy, shipping over…
Iran launched a massive ballistic missile strike on Israel this week, what appears to be the largest ever.The attack represents just a fraction of the scale, devastation, and capabilities a China missile strike could have, experts said.China’s missile force is the crown jewel of its military, and the US has…
US Navy warships shot down multiple Iranian missiles that were fired at Israel on Tuesday.The interceptions came amid a massive Iranian retaliatory attack against Israel.It marks the second time in less than six months that American forces have shielded Israel from an Iranian missile attack. US Navy warships shot down…
The small fortune Donald Trump owes the state of New York has grown at breakneck speed, rising by another $1 million in interest every nine days as the former president appeals the $454 million civil fraud judgment set by a Manhattan judge back in February.On Thursday, as his lawyers challenge…
VMware customers report seeing massive price increases since Broadcom acquired VMware late last year, with some paying as much as 10 times as much for the same services.One corporate VMware customer told Business Insider that they saw a 175% increase in price and feel they have no choice but to…
OTTAWA (Reuters) – Canada is facing unprecedented simultaneous stoppages at both of its main freight rail operators which could inflict billions of dollars worth of economic damage. The two rail operators, Canadian National Railway (TSX:) and Canadian Pacific (NYSE:) Kansas City, are holding separate talks with the Teamsters’ union, which…
Jeff Bezos recently played tour guide for a look inside Blue Origin’s factory and the space company’s latest rocket, New Glenn.The billionaire gave YouTuber Tim Dodd, known by his channel moniker “Everyday Astronaut,” a tour of the rocket’s production facility in Cape Canaveral, Florida.Standing at over 320 feet tall, New…
Investing.com– Elon Musk claimed on Monday that social media platform X was hit with a “massive” cyberattack, amid a delay in his planned live talk with Republican presidential candidate Donald Trump. Users were initially unable to access the X space where Musk was set to host a discussion with Trump…
A massive IT outage on Friday brought much of the US airline industry to a standstill, leaving thousands of flyers stranded in airports across the country during the height of the summer travel season.According to FlightAware data, more than 9,000 flights were delayed or canceled in the US alone. Major…
