Business
Wife of passenger pulled from Ryanair window recounts rescue efforts
A woman details the harrowing mid-air rescue of her husband after an engine failure caused a Ryanair window to shatter and trigger rapid decompression.
Oil prices rise as U.S. naval blockade and Iran export threats escalate
Global markets are reeling as escalating tensions between the U.S. and Iran threaten major energy supply routes, pushing crude prices toward record levels.
Oil prices climb 2% as US-Iran hostilities threaten global supply chains
Escalating military conflict between the U.S. and Iran has sent global oil prices higher, sparking fears of major supply chain disruptions in critical energy corridors.
Stripe and Advent offer to acquire PayPal in deal valued over $53 billion
Stripe and private equity firm Advent International have submitted a joint $53 billion offer to acquire PayPal, signaling a massive consolidation effort in the digital payments sector.
IBM stock plunges as Q2 revenue misses estimates amid infrastructure slump
IBM shares hit record lows after a disappointing preliminary Q2 report revealed revenue missed analyst estimates due to infrastructure and execution hurdles. Despite growth in AI bookings, the company is struggling to pivot away from legacy business vulnerabilities.
Fed Chair Kevin Warsh says central bank has 'no tolerance' for elevated …
In his debut congressional testimony, Federal Reserve Chair Kevin Warsh emphasized a commitment to restoring price stability and criticized previous policy frameworks. Warsh signaled a cautious approach to future interest rate decisions while addressing economic risks posed by inflation and AI.
Wife saves husband after engine debris shatters Ryanair plane window
A Serbian passenger was pulled partially through a shattered plane window following a mid-air engine failure. His wife and fellow travelers held him to safety during the terrifying emergency landing.
Oil Prices Hit One-Month High as US-Iran Attacks in Strait of Hormuz
Renewed hostilities in the Strait of Hormuz have triggered a surge in Brent crude as naval blockades and missile strikes disrupt vital energy shipping lanes. Analysts warn that persistent conflict could push prices toward $115 per barrel amid concerns of supply deficits.
Chipotle to open its first restaurant in Mexico this week
Chipotle is entering the Mexican market with its first location in San Pedro Garza García, managed by restaurant operator Alsea. This launch serves as a strategic test for the brand's international expansion and long-term growth objectives.
12 states sue to block Paramount acquisition of Warner Bros. Discovery
Attorneys general from 12 states are seeking an injunction to stop the media merger, arguing the deal will drive up prices and stifle competition despite federal approval.
Oil prices soar as Trump signals prolonged U.S. conflict with Iran
Brent crude and WTI prices climbed sharply following U.S.-Israeli strikes and the closure of the Strait of Hormuz. Markets are bracing for sustained volatility as geopolitical risks threaten global energy supplies.
ASX 200 index projected to reach 10,000 mark by mid-2027 in new forecast
New projections from 30rates.com suggest the ASX 200 index will maintain a general upward trajectory, hitting the 10,000 milestone by mid-2027.
Meta removes Instagram AI image feature following privacy backlash
Meta pulled an AI feature that generated images using public Instagram profiles after criticism over privacy defaults and lack of user consent.
SK Hynix shares jump 14 percent in Nasdaq debut after $26.5 billion IPO
SK Hynix has successfully debuted on the Nasdaq, raising $26.5 billion to fuel its expansion in high-bandwidth memory chips for AI infrastructure. The move highlights investor confidence in the semiconductor giant despite looming concerns over industry cyclicality.
Apple sues OpenAI, alleging former employees stole hardware trade secrets
Apple is taking legal action against OpenAI, claiming the AI firm encouraged former staff to misappropriate confidential hardware trade secrets.
Apple sues OpenAI and two former employees for alleged trade secret theft
Apple alleges that OpenAI orchestrated a scheme to extract confidential hardware and supplier data through former employees. The suit follows failed attempts to resolve the dispute privately.
Meta faces EU charges over addictive design on Facebook and Instagram
European regulators allege that Meta's platform design exploits user behavior, violating the Digital Services Act and endangering the mental health of minors. The commission is now pushing for structural changes to combat compulsive social media usage.
EU threatens Meta with fines over addictive features on Facebook and Ins…
The European Commission has accused Meta of exploiting psychological tendencies through addictive features, threatening fines of up to 6% of global annual turnover. The ruling demands immediate changes to recommendation algorithms and time-management tools to protect minors.
Ryanair passenger hospitalized after engine failure causes cabin blowout
A 61-year-old passenger was pulled back into the cabin after an uncontained engine failure caused a window to break mid-flight. The aircraft made an emergency landing in Thessaloniki as authorities launched an investigation.
Passenger 'nearly sucked out of window mid-air' on Ryanair-owned plane
A 61-year-old passenger was saved by fellow travelers after a window shattered on a Malta Air flight. The incident prompted an emergency landing in Thessaloniki.