Author: News Room

Shiba Inu coin witnessed a surge in activity that has captured the attention of investors. Early investors have re-entered the market, purchasing almost one trillion SHIB tokens. This large transaction has fueled speculation of a price surge reminiscent of 2021’s bull run. This renewed interest from early SHIB investors signals their confidence in the project’s future potential. One notable transaction involved an early buyer, often referred to just as “whale,” who spent 1,000 Wrapped Ethereum (WETH), approximately $3.83 million, to acquire 149.3 billion SHIB. This whale still holds 1,169 WETH, valued at around $4.45 million. Such moves by early investors…

Former President Donald Trump will attend a private meeting with one of the most powerful business lobbying groups in Washington as he tries to craft an alliance with major corporate leaders. Joshua Bolten, the CEO of the Business Roundtable, confirmed in an email to members on Wednesday that Trump will be at the group’s plenary meeting in Washington on June 13.Though President Joe Biden was invited, he cannot attend due to overseas travel for a G7 meeting. The business group instead asked White House chief of staff Jeff Zients to come, according to Bolten’s email. Zients accepted the invitation last week…

Bill Gates recently released a list of book recommendations for the upcoming summer. He only referred to one of them as a “must read.”That’s “How To Know A Person: The Art of Seeing Others Deeply and Being Deeply Seen,” written by New York Times op-ed columnist David Brooks and published in October 2023. In the book, Brooks offers research and tips for how to better communicate and connect with other people.”More than a guide to better conversations, it’s a blueprint for a more connected and humane way of living,” Gates wrote on his blog last month. “It’s a must-read for…

The United States flew a B-1B bomber over the Korean Peninsula on Wednesday in the first live munitions drop over South Korea in seven years as part of joint air exercises between the two countries, the US and South Korea said Wednesday. As part of the exercise, the US B-1B Lancer and two South Korean F-15K Eagles dropped precision 500-pound JDAMs (joint direct attack munitions), simultaneously striking multiple targets, the US said. The American bomber then flew with advanced South Korean F-35A and KF-16 fighter jets, as well as US fighters and tankers. “This training showcases the incredible capabilities of…

Carlos Alcaraz remains the betting favorite to win his third Grand Slam title at Roland Garros following Novak Djokovic’s withdrawal from the tournament on Tuesday. Per FanDuel, No. 3 seed Alcaraz is at +115 to win the title, followed by No. 2 Jannik Sinner (+195) and No. 4 Alexander Zverev (+500). Alcaraz out-played No. 9 Stefanos Tsitsipas, 6-3, 7-6(3), 6-4, in one quarterfinal Tuesday afternoon, with the winner to meet Sinner in the semifinals on Friday. They are 4-4 head-to-head. Sinner, the new world No. 1 in the wake of Djokovic’s withdrawal, took out No. 10 Grigor Dimitrov, 6-2, 6-4,…

Key News Asian equities were mostly lower overnight on light volumes as Korea and the Philippines outperformed. The privately calculated Caixin China Services PMI was released overnight. The reading of 54 beat an estimate of 52.5. China’s consumer continues to rebound while, at the same time, the removal of restrictions on real estate purchases have been lifted in nearly all jurisdictions. This is immensely positive for China’s markets, though performance overnight was mostly flat. Geely Automotive gained +1.34% overnight, along with gains in BYD, though battery maker CATL was lower. The company reported increasing its sales of vehicles by nearly…

The NBA is close to a series of rights deals that will generate an astonishing $76 billion over 11 years for the sports league.If you like watching basketball, this will likely mean some change: Right now, national NBA rights are split between Disney’s ESPN/ABC and Warner Bros Discovery’s TNT; in the future, those will likely be split between Disney, Amazon, and Comcast, which intends to show some games on NBC and some on its Peacock streaming service. So you may need to sign up for some new streamers (just like NFL fans have had to do).But what if you don’t…

Imagine a long tether linking Earth to space that could launch us to orbit at a fraction of the cost and slingshot us to other worlds at record speed.Instead of taking six to eight months to reach Mars, scientists have estimated a space elevator could get us there in three to four months or even as quickly as 40 days.The concept of space elevators isn’t new, but engineering such a structure would be no easy feat, and many other issues besides technology stand in the way. That’s why the ambition to seriously build one is fairly recent.The Japan-based company Obayashi…

By Dan Burns (Reuters) -The U.S. services sector snapped back into growth mode in May after a short-lived contraction in the prior month, with a measure of business activity improving by the most in three years, according to a survey published on Wednesday that may buttress the Federal Reserve’s wariness of a shift to interest rate cuts. At the same time, a gauge of hiring among private employers showed firms last month added the fewest jobs since January and small businesses shed jobs for the first time in six months, fresh signs that a tight labor market is easing back…

Investing.com — The fast-moving waste management industry is consolidating again. After recent news that Waste Management Inc (NYSE:) was moving forward in a $7.2 billion deal to acquire Stericycle Inc (NASDAQ:) last Monday, the new target seems to be Canada-based GFL Environmental Holdings (TSX:) (NYSE:). On Monday, news broke across the media that the waste-management giant had contacted JPMorgan to evaluate two potential bids, one for its full business and another strictly for its environmental services division. The company jumped on the news, gaining a hefty 21% – as of this writing – over the last three market sessions, closing in on a $14.5…