Author: News Room

Ukraine says it will target Russian oil refineries if it wants to, calling them legitimate military targets, after the US reportedly urged it not to over concerns about rising oil prices and the potential for retaliation.Ukraine has ramped up its attacks on Russia’s energy infrastructure in recent months, conducting long-range drone strikes on some of its biggest oil refineries. The consequences have included decreased production, rising prices, and damage to military industrial capacity.Now, as the Financial Times reported on Friday, the US is urging Ukraine to avoid targeting these facilities, with officials in Washington raising concerns that continued attacks will…

Nelson Peltz told Financial Times of his battle with Disney that he’s “not trying to fire Bob Iger.”He also acknowledged to the outlet it’s “probably true” that he’s a “bully billionaire.”Peltz’s investment fund, Trian Partners, has spent $25 million to win two seats on Disney’s board. Nelson Peltz says it’s “probably true” that he’s a bit of a bully.That description of the 81-year-old billionaire behind investment fund Trian Partners, which is waging a $25 million war to win two seats on Disney’s board, surfaced after he sued wedding planners for his daughter Nicola’s nuptials over failing to return a $159,000 deposit once…

In a recent move, Gregory Stone, the Chief Ocean Scientist at TMC the metals Co Inc. (NASDAQ:TMC), sold a significant number of company shares, according to a Form 4 filing with the Securities and Exchange Commission. Stone parted with a total of 64,489 common shares through multiple transactions, bringing in over $70,000. The transactions took place over several dates, with the first sale recorded on September 28, 2023, where 14,489 shares were sold at an average price of $1.0026. The subsequent sales occurred on December 4 and December 22, 2023, with 25,000 shares sold each day at average prices of…

The financial sector is witnessing a transformative era as blockchain technology, smart contracts, and the tokenization of assets gain traction among industry leaders. A recent report by SWIFT highlighted that roughly 97% of institutional investors view tokenization as a game-changer for the asset management sector. This innovative approach to capital markets infrastructure and institutional workflows is set to redefine traditional processes, offering a glimpse into the future of finance. In this evolving landscape, a noteworthy collaboration between Australia and New Zealand Banking Group (ANZ) and Chainlink Labs has come to light, showcasing the integration of blockchain technology in the global…

President Joe Biden announced another round of student loan debt forgiveness Thursday, totaling $5.8 billion for nearly 78,000 public-sector workers, and will be sending congratulatory emails to those borrowers next week. Additionally, 380,000 borrowers who may be eligible for debt relief within the next one or two years will also be getting emails from Biden with a message that says “keep it up!” “If you continue your career in public service, you’re on track to get your eligible student loans forgiven in less than two years through Public Service Loan Forgiveness,” an example email provided by the White House reads.…

WWE SmackDown advertised Rey Mysterio’s return match against Santos Escobar and a face-to-face showdown between Cody Rhodes and Roman Reigns. On WWE Raw Paul Heyman vowed Reigns would come alone. Raw also advertised The O.C. vs. Grayson Waller and Austin Theory and The Street Profits vs. AOP. Last week’s broadcast of SmackDown garnered a viewership of 2.340 million, the biggest viewership on all of television. WWE SmackDown Results | March 22, 2024 Santos Escobar def. Rey Mysterio Grayson Waller and Austin Theory def. The O.C. | Tag Team Title Qualifier Iyo Sky def. Naomi The Street Profits def. AOP |…

Whoop’s CEO, Will Ahmed, discussed how he thinks about productivity and the future of work.Whoop encourages employees to look after their health with offerings such as meditation areas.This story is part of “What’s Next,” a series about business leaders’ strategies for workplace productivity. The impact of remote work and artificial intelligence on jobs has never been more scrutinized.One company thinking about this is Whoop, a Boston healthtech startup that makes a popular wearable health tracker. The company has tried differentiating itself in a busy wearables market by targeting athletes and serious fitness enthusiasts. As its CEO, Will Ahmed, said, Whoop…

Four Indigenous Aymara climbers hope to become the first Bolivian women to summit Mount Everest. They plan on wearing the traditional pollera, once a symbol of oppression dating back to the 16th century.  This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in.

(Reuters) – Global ratings agency Fitch revised the United Kingdom’s sovereign credit outlook to “stable” from “negative” on Friday, citing easing economic policy risks, and affirmed its sovereign credit rating at “AA-“. The outlook revision comes after Britain’s economy rebounded to growth in January from a shallow recession in the second half of 2023, driven by a resurgence in retail sales and housing. “Fitch’s cautious projections assume a balancing of policy priorities against reducing risks to the sustainability of public finances,” the agency said. Bank of England Governor Andrew Bailey on Thursday said Britain’s economy is moving in the right…

In a recent move that caught the attention of market watchers, an insider at KULR Technology Group, Inc. (NYSE:KULR) has sold a significant amount of stock. Timothy Ray Knowles (NYSE:), known for being a ten-percent owner of the company, divested a total of 970,635 shares over two consecutive days. The transactions took place on March 21 and March 22, 2024, with 510,598 shares sold on the first day and 460,037 shares on the following day. The price at which these shares were sold varied slightly, ranging between $0.22 and $0.23 per share. The total value of the shares sold amounted…