Japanese billionaire Maezawa chooses K-pop star TOP, DJ Steve Aoki for SpaceX moon trip

TOKYO, Dec. 9 (Reuters) – Japanese billionaire Yusaku Maezawa revealed on Friday that K-pop star TOP and DJ Steve Aoki are among eight crew members he plans to take on a trip around the moon next year. ride on one of Elon Musk’s SpaceX rockets. Maezawa bought every seat on the first lunar voyage, which … Read more

S&P 500 is recovering as investors notice rate hikes on the back of rising jobless claims

Weekly jobless claims are rising in line with estimates Moderna, Pfizer Up as FDA Approves Updated COVID Boosters Exxon climbs after stimulating buyback program Indexes up: Dow 0.76%, S&P 0.98%, Nasdaq 1.45% Dec 8 (Reuters) – The S&P 500 index (.SPX) rose on Thursday and appeared on track to break a five-session losing streak as … Read more

US weekly jobless claims rise; continued claims at 10-month high

Weekly jobless claims increase by 4,000 to 230,000 Continuing claims increase by 62,000 to 1.671 million WASHINGTON, Dec. 8 (Reuters) – The number of Americans filing new claims for unemployment benefits rose slightly last week, while the unemployment rate hit a 10-month high in late November, suggesting the job market was gradually slowing. Still, labor … Read more

Wall St losses capped as Amazon wins on happy Cyber ​​Monday

Cyber ​​Monday spends record $11.6 billion – report Biogen down after death in Alzheimer’s drug trial Indices Off: Dow 0.47%, S&P 0.60%, Nasdaq 0.35% Nov 28 (Reuters) – Wall Street’s major indices fell on Monday amid concerns over protests in major Chinese cities against strict COVID-19 policies, though gains at Amazon helped limit losses as … Read more

Black Friday faces green backlash in Belgium

GHENT, Belgium, Nov 25 (Reuters) – Black Friday deals have sparked a backlash in Belgium, with some companies turning down promotions and choosing to close for the day or even offering to repair used clothes for free. In the clothing store Xandres, in Flemish Ghent, a sign hung on the window: “Green Friday – closed … Read more

Amazon employees protest on some German, French sites on Black Friday

Actions part of global call by Make Amazon Pay initiative Demonstration calls for better pay Amazon says no disruption to operations BERLIN/PARIS, Nov 25 (Reuters) – Some employees at Amazon (AMZN.O) branches in Germany and France took down tools on Black Friday as part of a global move to target the online retailer on one … Read more

Adidas launches investigation into allegations of misconduct against Kanye West

Nov 24 (Reuters) – Adidas AG (ADSGn.DE) said on Thursday it has launched an investigation into allegations of inappropriate behavior by Kanye West after the German sporting goods manufacturer ended its partnership with the rapper and fashion designer last month. Adidas said it initiated the investigation after receiving an anonymous letter containing several allegations against … Read more

China’s COVID infections hit a record as economic outlook worsens

China hit record high during the Shanghai outbreak in April Cabinet hints at reduction of reserve ratio requirement (RRR) Nomura cuts China’s GDP targets as lockdowns expand Chinese stocks fall, lagging rise in global stocks BEIJING, Nov 24 (Reuters) – China reported a record number of COVID-19 infections on Thursday, with cities across the country … Read more

Foxconn’s huge iPhone factory in China rocked by new worker unrest

Images on the internet show hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain about unpaid wages and insufficient food Foxconn says it is working to prevent a recurrence of violence SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers took part in protests at Foxconn’s (2317.TW) flagship iPhone factory … Read more

China widens COVID sidewalks, Apple factory unrest adds to economic concerns

COVID restrictions are increasing as the number of cases increases iPhone factory unrest adds to economic concerns, highlights frustrations Analysts warn of potential for wider lockdowns BEIJING, Nov 23 (Reuters) – Chinese cities imposed more curbs on Wednesday to curb rising coronavirus cases, heightening investor concerns about the economy as new unrest at the world’s … Read more