Author: MNK News
VAN NUYS, CALIFORNIA – SEPTEMBER 01: A mural reveals the new LA28 logo, with the “A” designed by … [+] Orlando Pride player Alex Morgan, at the Delano Recreation Center on September 01, 2020 in Van Nuys, California. The LA28 logo is for the Games of the XXXIV Olympiad hosted by Los Angeles in 2028. The 2028 Summer Olympics are scheduled to take place from July 21, 2028 to August 6, 2028. (Photo by Kevin Winter/Getty Images)Getty Images Track and field could see some major changes coming its way for the 2028 Los Angeles Olympics. World Athletics confirmed on Monday…
(Bloomberg) — A month ago, all anyone in markets could talk about was Donald Trump and how his blueprint for the US economy would sow growth, next year and beyond. Most Read from Bloomberg Heading into the Christmas break, a no-less-formidable force has retaken the stage: Jerome Powell. The Federal Reserve chair’s hawkish turn this week put inflation back on the map as investors’ obsession of choice, spurring the biggest moves — up and down — since just after Election Day. First it was Wednesday, when Powell voiced waning enthusiasm for interest-rate cuts and sent stocks and bonds to their…
LAHORE: The Pakistan Cricket Board (PCB) on Friday announced Balochistan’s port city Gwadar as host for the player draft ceremony of the 10th edition of the HBL Pakistan Super League. The ceremony which will kick off the league’s festivities takes place on Jan 11. In the nine editions held so far Lahore hosted the draft ceremonies seven times while Karachi and Islamabad staged it once each. “The decision to choose Gwadar [as host for the player draft] was made with the aim of taking the popular sport among the people in that part of the province and inspire the next…
Google CEO Sundar Pichai recently revealed that the tech giant has cut management roles by 10 percent as part of its ongoing efforts to streamline operations and boost efficiency. The news comes after the tech giant spent the last year pushing the boundaries of woke capitalism. Business Insider reports that in an internal all-hands meeting this week, Google CEO Sundar Pichai disclosed that the company has reduced the number of management positions, including managers, directors, and vice presidents, by 10 percent. This revelation comes as part of Google’s broader push to simplify its organizational structure and enhance operational efficiency. According…
LAHORE: The Pakistan Sports Board (PSB) will not prevent the country’s Olympic association from conducting its upcoming polls despite having raised concerns over its electoral college, PSB director general Yasir Peerzada said on Friday. A day earlier, the PSB had announced that it had written a letter to the Olympic Council of Asia (OCA), seeking the removal of anomalies in the process of the Dec 30 POA elections. “The POA has to respond to the questions that the PSB has raised over its electoral college that has been announced for the elections,” Yasir said during a meeting with the members…
Paulo Dybala of AS Roma acknowledges fans (Photo by Paolo Bruno/Getty Images)Getty Images After bursting onto the Serie A scene with Palermo, becoming a genuine star at Juventus and then a hero at AS Roma, it seems Paulo Dybala is set to swap the Italian capital for Galatasaray this summer. The Argentina international has endured a torrid five months, but in truth his problems go back much further than that. Brought to Juventus in 2015 at a cost of €32 million ($33.58 million) – plus a further €8 million ($8.39 million) in add-ons – he became one of football’s hottest…
NEW YORK (Reuters) – Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and potential investors. Northvolt entered bankruptcy on Nov. 21 with a $100-million bankruptcy loan from Swedish truck maker Scania, a shareholder and its biggest customer. But that loan was not intended to carry Northvolt through its entire bankruptcy restructuring, and the company has continued to evaluate proposals for additional financing from strategic and financial investors. Northvolt attorney Jack Luze said at a Friday court hearing in Houston that the company had…
Bankrupt crypto exchange Cryptopia returns around $225 million worth in cryptocurrency to account holders via liquidators. This is the first phase of Cryptopia’s distribution plan since it went bankrupt in 2020. According to the NZ Herald, the New Zealand-based crypto exchange’s liquidators declared that more than 10,000 account holders of Bitcoin (BTC) and Dogecoin (DOGE) received crypto funds worth more than NZ$400 million ($225 million) in the past 48 hours. Grant Thornton, the public accountancy firm in charge of liquidating Cryptopia’s assets to customers, said that liquidators have been working towards identifying users to proceed with return payments since the…
Amazon has launched its long-awaited drone delivery service in Arizona, taking a significant step towards fulfilling founder Jeff Bezos’ decade-old vision of autonomous drones delivering packages to customers’ doorsteps in under 30 minutes. The service launches just as millions of Americans have their eyes turned to the skies in search of mystery drones buzzing major cities. The New York Times reports that Amazon has officially launched its Prime Air drone delivery service in Goodyear, Arizona, a suburb of Phoenix. The service, which has been in development for over a decade, allows customers to receive packages weighing five pounds or less…
a Successful Investors’s Goal is Making Money, not Caring How or Where it’s Made. I was fortunate to have several mentors early in my investment career that taught to me valuable financial knowledge. As a Forbes writer and co-host of the ABC talk radio show, “Winning with Winans”, I take my media responsibilities serious in providing sound investment advice to my audience in a turbulent year. I call myself a historian who manages money which means I never think, “it’s different this time”. Investment Atlas IIIKen Winans As I review my last twelve months of Forbes articles, these are the…