Samsung Electronics is forecasting a significant increase in operating profit for the first quarter of 2024. The company expects to see a 931% rise in operating profit compared to the same period last year, with profits likely reaching 6.6 trillion Korean won. This surge in profit is primarily attributed to memory chip price hikes and
News Between Reporter
Ford Motor has decided to delay the production of a new all-electric large SUV and pickup truck as it transitions to offering hybrid options across its entire North American lineup by 2030. This decision comes as the automotive industry grapples with slower-than-expected adoption of electric vehicles and high production costs. Ford had initially planned to
Space Solar, an Oxfordshire-based company, has recently achieved a significant milestone in renewable energy. The company’s ambitious plan to launch the first solar farm into space has been met with success, as they have demonstrated a prototype here on Earth. The goal is to power more than a million homes by the 2030s with a
Dev Patel’s feature directorial debut, Monkey Man, was originally slated to stream on Netflix. However, Jordan Peele saw potential in the film and decided to give it a chance on the big screen instead. The decision was a game-changer for Patel, who expressed his gratitude towards Peele for taking the movie from obscurity to the
Recently, Rashee Rice, a player for the Kansas City Chiefs, was involved in a chain-reaction crash on a Dallas highway. The shocking revelation that Rice was the driver of one of the speeding sports cars has left many questioning his decision-making. Despite his attorney, state Sen. Royce West, addressing the situation and acknowledging that charges
A man named Mike Collinson is currently facing the distressing situation of not knowing if the ashes he received from a funeral parlour belong to his late wife. After being with his wife Jean for 50 years, her passing in November left him devastated. The funeral arrangements were handled by Legacy Independent Funeral Directors in
The stock market experienced a sharp decline on Thursday, characterized by volatile trading patterns as investors anxiously awaited the release of the March jobs report. The Dow Jones Industrial Average plummeted by 530.16 points, marking a significant 1.35% decrease to close at 38,596.98, signaling the worst session since March 2023. Similarly, the S&P 500 and
Recently, a U.S. judge ordered British billionaire Joe Lewis to pay a $5 million fine and serve three years of probation for sharing illegal stock tips, thus allowing an investment firm’s founder to avoid imprisonment. Lewis, the founder of Tavistock Group, pleaded guilty to conspiracy and securities fraud. Despite expressing remorse for his actions and
Dr. Yue “Emily” Yu, a California physician, is currently facing serious allegations of poisoning her husband with Drano. In addition to this shocking accusation, new claims have emerged suggesting that she coached her children to lie about their father. This adds another layer of complexity to an already disturbing situation. Universal Health Services is currently
The record-breaking rally for cocoa and coffee prices has shown no signs of slowing down, with adverse weather conditions and demand expectations continuing to support the upward trend. Market analysts at Citi have pointed out that cocoa futures recently surpassed the $10,000 threshold for the first time, surging more than 120% so far this year.