UK Economy Grows 0.4% in May: Official Statistics

UK Economy Grows 0.4% in May: Official Statistics

The United Kingdom’s Office of National Statistics released the latest economic figures, which revealed that the country’s economy grew by 0.4% in May.


Alzheimer's Treatment Breakthrough: Nasal Sprays Boost Brain Health, Study Suggests

A recent study indicates that nasal sprays containing tiny lipophilic micelles may significantly enhance Alzheimer's treatment by improving cognitive function.

Archegos Founder Bill Hwang Found Guilty of Securities Fraud

Defunct hedge fund firm Archegos Capital Management founder Bill Hwang has been found guilty of securities and market manipulation fraud which prosecutors claimed cost global investment banks billions.

Australian State Requires Retailers to Close for Anzac Day, Retailers Slam Decision

The Australian state of New South Wales announced that general retail trade would be closed for the entirety of April 25 every year in commemoration of Anzac Day.


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Dave Haldi, CEO of Credit Gnomes
Credit Gnomes addresses long-standing challenges in the property management industry by enabling property managers to report tenants' rental payment data directly to major credit bureaus—Experian, Equifax, and TransUnion. This empowers property managers to leverage credit reporting, offering solutions to these issues. This approach not only encourages tenants to prioritize rent payments but also provides them with the opportunity to build positive credit histories.
Chinese Report Claims Fuel Trucks Used to Transport Cooking Oil
Chinese authorities are reviewing an investigative report which alleged the practice of using fuel tankers to carry cooking oil, rocking the country into a major food safety scandal.
Intuit Slashes 1,800 Jobs in AI-Focused Overhaul of Operations
Intuit announced it will lay off 1,800 employees as part of an AI-focused reorganization, with plans to rehire at least that many in fiscal 2025.
New CNN CEO Mark Thompson Lays Off 100 Employees in Major Restructuring Effort
CNN's new CEO Mark Thompson initiated his first major restructuring effort by laying off 100 employees, marking a significant move as he attempts to revitalize the struggling cable channel.
UK Supreme Court Rules Against British Airways, Paving Way for Massive Compensation Claims
The UK Supreme Court's ruling against British Airways on flight delays entitles passengers to compensation for cancellations due to staff illness, potentially benefiting tens of thousands annually.
California Raw Milk Linked to Largest Salmonella Outbreak in a Decade, Records Reveal
A newly disclosed state report reveals that raw milk from Raw Farm in Fresno, California, has been linked to the largest salmonella outbreak in a decade, sickening at least 165 people.
Ozempic, Wegovy Weight Loss Drugs See High Dropout Rate Within Two Years Due to Cost and Effectiveness
A US pharmacy study found that most patients prescribed Wegovy or Ozempic for weight loss discontinue their use within two years.
China's BYD Plans to Construct $1 Billion EV Factory in Turkey
China-based BYD has committed to constructing a $1 billion assembly plant for electric vehicles (EVs) in Turkey.
Delta Air Lines Strikes Deal With Riyadh Air to Operate Flights Between US and Saudi Arabia
Delta Air Lines and startup Riyadh Air have entered into a partnership to connect the US and Saudi Arabia with regularly operated flights.
Anonymous Messaging App NGL Banned From Serving Minor Users Following FTC Directive
The Federal Trade Commission (FTC) took a historic step by prohibiting the online messaging platform NGL from catering to users younger than 18.
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