Apple is not only renowned for its iPhone, but also for its whopping market value. The exponential growth of Apple has been vividly noticed in its market value, surpassing the industry giants Amazon, Alphabet, and Meta combined. Currently, Apple is standing tall at a worth of $2.307 trillion, with its competitor fellows jammed at $2.306 …
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Honda Builds First Motorbike Battery Swap Station For Portable Power Packs
Honda has been proposing a battery-swapping infrastructure that would allow motorcycles, scooters, and other vehicles to use the same interchangeable power packs for several years; with the release of the Honda Power Pack Exchanger e:, the company has finally taken a major step toward realizing this vision. The Honda Power Pack Exchanger e:, first offered …
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Judge Urges NYC to Rehire and Pay Back Sanitation Workers Who Transgressed Vaccine Mandate
In recent news, it has been heard that the Supreme Court of New York has stated the reinstation of the sanitation workers who were fired on grounds of not getting vaccinated against COVID-19. On Tuesday, sitting on Staten Island, Justice Ralph Porzio declared that the city’s health commissioner transgressed his authority when he asserted the …
Rishi Sunak – UK Prime Minister of Indian Origin
On the 24th of October 2022 Rishi Sunak, the British Conservative Party politician was declared to be the Prime Minister of the UK. A momentous event that had led to a massive celebration in parts of the UK – especially among minority groups. That day, every corner of the globe was an onlooker of outright …
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Musk Buys Twitter for $44 Billion and Fires CEO Parag Agrawal
Elon Musk has been a constant visitor in regular news for a prolonged period. And this time, Musk did something crazy. It was right after purchasing Twitter for a whopping deal of $44 billion, Musk fired its CEO, Parag Agrawal. The firing didn’t only end with the CEO but also the top executives. There was …
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The Inflation Reduction Act – A Welcome Change for the Average American?
Aiming to reduce the deficits and lower inflation, President Biden signed the Inflation Reduction Act on 16 August 2022. The bill proposes reduced healthcare and drug expenses and investment in domestic energy production to battle climate change. Essentially a scaled-down rendition of the Build Back Better Act proposed in 2021, President Joe Biden calls it …
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Core Costs to Keep the Inflation Red Hot?
Following a 0.7% price hike in June, core prices saw a leap of 0.3% in July, according to the Labour Department’s CPI. Consumer prices have climbed 8.5% from last year, down from a four-decade-long record of 9.1%, keeping the annual increase at 5.9% after three straight monthly declines. The ever-concerning rise in the price of …
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A Dissipating Red Wave on the Horizon
With Election Day approaching in less than 100 days, the Red Wave fails to make the previously predicted impact in Congress. In midst of the falling ratings for Biden, Republicans have spent over a year waiting to pick up more seats and making plans for 2023 and beyond. Having more than a few tricks up …
US Commerce Department Passes Funding Bill
In an attempt to control semiconductor-manufacturing companies from using subsidies for their personal growth and agenda, the US Commerce Department has decided to put a cap on the government subsidies that semiconductor firms use. Before the US Commerce Department limited government subsidies, the legislation provided US$52 billion to improve and boost the chip industry. The …
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Risk Management or Compliance?
Is risk management taking a back seat to compliance? Risk management frameworks are often seen as a lower priority than the specific activities associated with compliance. In a busy commercial environment, it is easy to focus on complying with rules rather than implementing effective risk management. It is also easy to focus on a headline, …