Author: News Room

Today is not only Wordle Wednesday, it is officially the first full day of spring. If you go by the equinox, winter ended Tuesday evening so the first day of spring was yesterday. But today is the first full day, and I expect the gods of sunshine and butterflies to warm us with their fuzzy glow. Because yesterday looked like the dead of winter around these parts. So happy spring! Happy new season! A part of me thinks we should have more than four official seasons, however. Early spring and late autumn both lay heavily in the shadow of winter.…

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People in China are having fewer babies — so much so that many hospitals in the country have stopped delivery services altogether, according to state-owned The Paper in a Monday report.It’s unclear exactly how many hospitals have shut their obstetrics department or halted newborn delivery services in the last year. And hospitals are continuing to shut down obstetrics departments this year.Hospitals that have shut obstetrics departments this year include the Fifth People’s Hospital of Ganzhou City in the southeastern province of Jiangxi and the Jiangshan Hospital of Traditional Medicine in the eastern province of Zhejiang.The Jiangxi hospital said in its…

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The owner of a Lamborghini yacht threatened a private dock employee, per CBS8.The employee said Ajay Thakore mooned and threw cash at him after being told he couldn’t use the dock.Thakore, the CEO of Doctor Multimedia, issued an apology through his public relations team. The owner of a $3.4 million Lamborghini yacht threatened a private dock employee after being told he couldn’t be there, the San Diego-based broadcaster CBS8 reported on March 11.Joseph Holt, a 21-year-old employee at Marriot Marina in San Diego, told CBS8 that he spotted the yacht sailing into the private dock. The owner, whom CBS8 identified…

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LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) has written to financial advisors to demand reviews on how they provide retirement income advice, following an assessment of good practice in the industry in line with its Consumer Duty rules. The watchdog said on Wednesday it had identified some examples where firms were not taking account of the needs of their customers, or providing the right information. Most files assessed by the FCA showed advice provided was suitable, but in some instances, the recommendations resulted in consumers losing guarantees or incurring unnecessary charges, the regulator said. “Decisions for consumers approaching retirement…

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SAN JOSE, Calif. – Super Micro Computer, Inc. (NASDAQ: NASDAQ:), known as Supermicro, has announced the pricing of its public offering of 2 million shares of common stock at $875.00 per share. The technology firm expects to raise $1.75 billion in gross proceeds before deductions such as underwriting discounts and commissions. The offering, subject to customary closing conditions, is slated to close on March 22, 2024. In addition to the shares offered, Supermicro has granted the underwriter, Goldman Sachs & Co (NYSE:). LLC, a 30-day option to purchase up to an extra 300,000 shares at the public offering price with…

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Gold price struggles to gain any meaningful traction and hangs near a one-week low. Hawkish Fed expectations underpin the USD and act as a headwind for the metal. Traders seem reluctant to place aggressive bets ahead of the crucial FOMC decision. Gold price (XAU/USD) extends its sideways consolidative price move through the early European session on Wednesday and remains well within the striking distance of over a one-week low touched on Monday. Investors seem convinced that the Federal Reserve (Fed) will stick to its higher-for-longer interest rates narrative in the wake of still-sticky inflation. The hawkish outlook, meanwhile, keeps the…

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Terra Luna Classic price has dropped 32% after a rejection from a stiff seller congestion zone. LUNC could extend fall 30% this week amid a bearish market and the ecosystem’s legal tussle. The hearing between Terraform Labs and the SEC will take place on March 25. Terra Luna Classic (LUNC) price is trading with a bearish bias, extending the fall as part of a broader market crash, led by Bitcoin. For LUNC price, however, volatility is expected amid two fundamental events expected early next week. Also Read: Bitcoin price offers late bulls a lower entry as BTC halving nears LUNC…

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U.K. inflation came in lower than expected at 3.4% year-on-year in February, official figures showed Wednesday, down from 4% in January.Month-on-month, the headline consumer price index rose by 0.6%, returning to positive territory after a -0.6% reading in January.Economists polled by Reuters had expected an annual rate of 3.5% for February and a monthly rate of 0.7%, according to LSEG data.The Office for National Statistics said the largest downward contributions came from food, restaurants and cafes, while the largest upward pressure came from housing and fuel.Prices for food and non-alcoholic beverages rose by 5% year-on-year in February, down from 7%…

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The Department of Defense (DoD) recently introduced its first-of-a-kind industrial strategy, raising the point that the U.S. is no longer the arsenal of democracy, and our adversaries know it. Not only has our industrial base eroded over the past decades but our most important long-range missiles (Harpoons, Tomahawks, JDAMs, JRAMs and others) cannot be made without dozens of Chinese suppliers. This comes on the heels of the PPBE Commission, the Atlantic Council’s report on defense innovation adoption and new organizations like the Defense Innovation Unit that have been created in part to augment our industrial base. More important than any…

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