Author: Press Room

More than $550bn has been wiped off the value of the biggest US tech companies this week, with headlong growth stalling because of the slowing global economy and mounting cost pressures. The stock market slump has underlined a surprisingly weak earnings season from the US digital giants, ending a surge in growth during the pandemic and putting paid to hopes that they would withstand the inflation and weakening growth that are hitting the wider economy.Facebook’s parent, Meta, delivered the latest blow to Wall Street’s faith in the resilience of Big Tech late on Wednesday when it reported a slump in…

They look and taste like candy and supposedly provide your body with essential vitamins and minerals. But if it sounds too good to be true, that’s because it probably is — at least according to some experts and studies.“Gummies have invaded the supplement area,” Dr. Tod Cooperman, president of ConsumerLab.com told TODAY in a segment aired Tuesday. And they’re no longer just for kids. Global sales for gummy vitamins have exceeded $7 billion in 2022 alone, and even celebrities, like Kourtney Kardashian Barker, are getting in the game. Her new line of “Lemme” gummies promise to boost concentration, debloat and help…

Freelancing is on the rise, and it shows no signs of slowing. Some 60 million U.S. residents identify as contract, freelance, temporary or gig workers, and by 2027, freelancers are expected to become the majority of the U.S. workforce, according to Upwork, a freelance job platform. The Covid-19 pandemic caused companies to prioritize their digital presence, so the demand for freelance tech experts to help them get up to speed is booming, and the remote gig economy is growing at a rapid pace.Freelancer.com, a global freelancing and crowdsourcing marketplace, looked at 296,000 postings on its platform posted between July and September 2022…

Source: YouTube

CNN Business  —  The Ford Fiesta, a hugely popular little hatchback in much of the world, will soon no longer appear in Ford’s European dealerships. Introduced in 1976 as a fuel-efficient subcompact “global car,” the Fiesta was only sold in the United States for about 10 years total, appearing here from 1978 to 1980 and again from 2011 to 2018. It was really a hit in Europe, though, and particularly in the UK where it was the best selling car for many years. Fiestas have been produced, some time or another, in 15 different factories in Europe, Asia and Latin…

Source: YouTube

Source: YouTube

The New York Post said that a series of vulgar and racist tweets and headlines published Thursday morning were the result of a rogue employee. “The New York Post’s investigation indicates that the unauthorized conduct was committed by an employee, and the employee has been terminated,” the Post said in a statement provided to CNN. “This morning, we immediately removed the vile and reprehensible content from our website and social media accounts,” the tabloid added. The published content included a racist headline attacking New York City Mayor Eric Adams and another calling for the assassination of Democratic Rep. Alexandria Ocasio-Cortez.…

U.S. Rep. Liz Cheney (R-WY), vice chairwoman of the Select Committee to Investigate the January 6th Attack on the U.S. Capitol, speaks during a Constitution Day lecture at American Enterprise Institute on September 19, 2022 in Washington, DC.Drew Angerer | Getty ImagesRepublican Rep. Liz Cheney, co-leader of the House Jan. 6 committee and a staunch critic of former President Donald Trump, is endorsing Democratic Rep. Elissa Slotkin in her tough reelection fight in Michigan.The move, which a member of Cheney’s staff confirmed to CNBC, is the Wyoming Republican’s first-ever endorsement of a Democrat. It’s also Cheney’s first endorsement since Trump-backed…

An Arkansas motorcyclist was engulfed in a “fireball” and is recuperating in the hospital after a state trooper deployed a Taser and it hit a gallon of gasoline in his backpack, authorities said. Christopher Gaylor, 38, was struck by the Taser after setting Arkansas troopers on a police chase after him in the early hours of Oct. 13 in Little Rock, state police said in a news release. The chase started when Gaylor was spotted riding a motorcycle with no license plate around 1:20 a.m. along Asher Avenue in Little Rock. A trooper tried to initiate a traffic stop, but Gaylor “refused…