Author: MNK News
Cargo theft is a growing problem in the United States. (Photo: Jim Allen/FreightWaves) Cargo theft by fraud is a growing freight industry issue and has resulted in a massive increase in cargo loss claims in recent years. Craig Leinauer, Director of Inland Marine claims at Travelers Insurance, says that strategic theft is an alarming new trend. While straight theft (the physical taking of the truck and trailer or cargo from where it’s parked) remains the number one method for cargo theft, it’s strategic theft (the use of trickery or deception) that has seen the biggest increases (1455%) in the past…
MicroStrategy founder Michael Saylor shared Friday a proposal for establishing a strategic Bitcoin reserve. The proposal suggests that such a Bitcoin (BTC) reserve could generate between $16 and $81 trillion in wealth for the U.S. Treasury, potentially offering a path to offset the national debt. The proposal projects digital capital markets growth from $2 trillion to $280 trillion, with U.S. investors capturing the majority stake. A strategic digital asset policy can strengthen the US dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy—empowering millions of businesses, driving growth, and creating trillions in…
The UK’s pioneering driverless bus service, launched in Scotland to alleviate traffic congestion, is being discontinued due to insufficient passenger interest. The Guardian reports that the United Kingdom’s first autonomous bus service, which was launched with great fanfare in May 2023, is being withdrawn from operation. The decision comes after passenger numbers failed to meet expectations, despite the service’s promise to revolutionize public transportation in the region. The CAVForth service, a collaborative effort between Stagecoach, Fusion Processing, Alexander Dennis, Napier University in Edinburgh, and the Bristol Robotics Lab, aimed to reduce the heavy traffic congestion along the 14-mile route between Fife and…
Woman receiving a 401k notice.getty If you are employed at a company offering a 401(k), you’ve probably received a fair number of notices regarding your plan. This happens particularly often toward the end of the year. If you’re unfamiliar with the ins and outs of 401(k)s, you may not know which notices should move you to act and which are purely informational. This article discuses how to understand the types of 401(k) notices and when to act. Automatic Enrollment Notice Many 401(k) plans today automatically enroll employees at a specific contribution level once they are eligible to join the plan.…
Anime series “Dan Da Dan” will return for season two on Crunchyroll in July 2025.©Yukinobu Tatsu_SHUEISHA, DANDADAN Production Committee On the heels of the season one finale of Dan Da Dan comes word that the anime series will return for a sophomore season on Crunchyroll in July 2025. Based on the manga by Yukinobu Tatsu, Dan Da Dan follows two teenagers with supernatural powers fighting yōkai (translation: “strange apparition”) and aliens with help from multiple allies. The logline for Dan Da Dan: Momo, a high school girl from a family of spirit mediums, and her classmate Okarun, an occult geek.…
(Bloomberg) — Apollo Global Management Inc. aims to raise more than $5 billion for a fund that invests in deals the firm originates in its high-grade capital solutions business. Most Read from Bloomberg The Total Return Investment Grade fund launched in recent months and will invest alongside Apollo’s Athene insurance arm and be marketed to institutional investors, according to people familiar with the matter. The fund will be structured as evergreen, which offers investors a chance to cash out — with limits — at certain intervals. It will also invest in high-grade asset-backed finance. During its investor day in October,…
Google has filed a proposal outlining how it would remedy the antitrust violations it’s been accused of by the Department of Justice, after the DOJ called for Google to sell off Chrome and face restrictions that would prevent it from favoring its own search engine in Android. Judge Amit Mehta of the US District Court for the District of Columbia ruled in August that Google has violated Section 2 of the Sherman Act, and called Google “a monopolist.” Google said in the proposal filed on Friday night that it disagreed with the ruling but suggested ways to make its contracts…
The NFT market has shown strength amid crypto market volatility, according to the latest data from CryptoSlam. The total sales volume has reached $302.2 million — a notable 32.93% increase. This is an evident spike from last week’s $224 million sales. This surge has been accompanied by growth in market participation. The market metrics show strong expansion across all key indicators: NFT buyers have nearly doubled with a 92.39% increase to 349,972 NFT sellers have grown significantly by 77.18% to 207,672 NFT transactions have shown a healthy growth of 7.28% to 1,651,950 Ethereum dominance strengthens The Ethereum (ETH) NFT blockchain…
Elon Musk’s Tesla is issuing a massive recall of nearly 700,000 vehicles in the United States due to a malfunction in the tire pressure monitoring system (TPMS) that could fail to warn drivers of low tire pressure, increasing the risk of accidents. NewsWeek reports that EV giant Tesla has announced a significant recall affecting approximately 700,000 vehicles in the U.S. market. The National Highway Traffic Safety Administration (NHTSA) reported on Thursday that the recall encompasses specific Tesla models, including the 2024 Cybertruck, 2017-2025 Model 3, and 2020-2025 Model Y vehicles. The root cause of the recall is a defect in…
(Left to right) Nik Hughes, Gavin Rossdale and Corey Britz of Bush perform on stage at the Vic … [+] Theatre. Friday, December 13, 2024 in Chicago, ILPhoto by Barry Brecheisen The 1990s remain a fascinating period in the history of recorded music. Today, the 90s signify the height of the compact disc as the preferred method of music consumption for listeners worldwide, a medium whose ease and convenience rendered vinyl temporarily obsolete virtually overnight. Which leaves it as one of the only periods of recorded music where many classic albums were never released on vinyl, with major record labels…