Author: News Room

On Wednesday, May 29th, LALIGA announced a new partnership with McDonald’s USA to help bring greater soccer opportunities to Hispanic and Latino communities across the U.S. Together the Spanish professional soccer league and the American fast-food chain are offering free week-long soccer camps to youth soccer players across the country. Twelve lucky participants will even be offered a trip to Spain to train and watch a LALIGA game. According to LALIGA, “This collaboration marks a significant step in bridging the accessibility gap by offering a platform for talent development to the next generation of Latino and Hispanic youth soccer players,…

A retired top US Navy admiral who briefly served as the second highest-ranking Navy officer was arrested Friday on federal charges related to a bribery scheme.The US Department of Justice alleged that from 2020 to 2022, then-Adm. Robert Burke accepted bribes to help a training firm win certain contracts while he was commanding US Naval Forces Europe and Africa in exchange for a high-paying job as soon as he retired.The indictment said that Burke, a former four-star, used “his official position to influence other Navy officers to award another contract to Company A to train a large portion of the…

OpenAI CEO Sam Altman has been hit with a bout of bad press in the past few weeks, which has cast a shadow over his once-squeaky-clean image.  Amid these swirling dramas, legendary tech investor Paul Graham defended Altman by putting an old rumor to rest. Altman wasn’t fired from his post as president of the famed startup accelerator, Y Combinator, Graham wrote in a post on X on Thursday. Graham cofounded the accelerator in 2005, and Altman served as its president from 2014 to 2019. According to Graham, Altman was simultaneously running OpenAI and Y Combinator until OpenAI announced the creation of…

(Reuters) – Pakistan’s Planning Ministry said on Friday that the economic outlook for the next year was positive, with a growth target of 3.6%, while inflation was likely to moderate to 12%. Pakistan will present its annual budget on June 10, three days later than expected, two government sources said on Friday, as markets wait for details of plans seen as crucial to securing a new International Monetary Fund (IMF) loan. Pakistan’s fiscal year starts on July 1. “The growth prospects hinge upon political stability, exchange rate, macroeconomic stabilization under IMF’s programme and expected fall in global oil and commodity…

Investing.com – U.S. stocks were mixed after the close on Friday, as gains in the , and sectors led shares higher while losses in the , and sectors led shares lower. At the close in NYSE, the added 1.51%, while the index added 0.80%, and the index declined 0.01%. The best performers of the session on the were Salesforce Inc (NYSE:), which rose 7.54% or 16.43 points to trade at 234.44 at the close. Meanwhile, Unitedhealth Group (NYSE:) added 2.85% or 13.72 points to end at 495.37 and Boeing Co (NYSE:) was up 2.81% or 4.86 points to 177.61 in…

As the summer of 2024 approaches, investors are closely examining potential opportunities within the cryptocurrency market, particularly focusing on the prominent Web3 cryptocurrencies Ethereum (ETH) and Solana (SOL). Ethereum has recently gained traction with the approval of ETFs, boosting its market presence, while Solana boasts a Total Value Locked (TVL) of $4.795 billion, highlighting its growing ecosystem. These digital assets have captured substantial attention due to their robust ecosystems, impressive year-to-date performance, and ongoing development activities. However, the prevailing market conditions have left investors deliberating which of these two cryptocurrencies will yield better returns. To address this question, Finbold asked…

The top four congressional leaders have formally invited Israeli Prime Minister Benjamin Netanyahu to address a joint meeting of Congress. “We join the State of Israel in your struggle against terror, especially as Hamas continues to hold American and Israeli citizens captive and its leaders jeopardize regional stability,” the letter from House Speaker Mike Johnson, House Minority Leader Hakeem Jeffries, Senate Majority Leader Chuck Schumer and Senate Minority Leader Mitch McConnell reads. “For this reason, on behalf of the bipartisan leadership of the United States House of Representatives and the United States Senate, we would like to invite you to…

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Apple TV has announced an official air date for the second season of Pachinko. The TV drama, based on Min Jin Lee’s beloved 2017 novel, will premiere globally on Aug. 23. The multinational cast for season 2 includes Lee Minho, Minha Kim, Ana Sawai, Yuh-jung Youn, Jin Ha, Eunchae Jung, Soji Arai, Junwoo Han and Sungkyu Kim. The first installment of Pachinko, which aired in 2022, won multiple awards, including a Peabody Award, an American Film Institute Award, an Independent Spirit Award, a Critics Choicwe Award and a Gotham Award. The novel Pachinko tells the story of Sunja, a resilient…

Although the rate of food inflation has retreated substantially during the last year, polls and surveys consistently report that consumers, most of whom are still struggling with the unaffordable cost of housing, believe it remains high. This economic mismatch between perception and reality—along with pressure from Washington about things like smaller product sizes (aka, shrink-flation)—has triggered an extraordinary grocery price war that goes beyond the usual seasonal promotions into the realm of industry game-changer. You cannot discuss the grocery business without starting with Walmart—the company now owns nearly a quarter of the entire US annual grocery spend, according to data…