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Coca-Cola Post Strong Earnings

Coca-Cola To Pay IRS $6 Billion in Back Taxes and Interest After Court Decision in a 20-Year Case

Coca-Cola expects some or all of the $6 billion in back taxes to be refunded if it wins an appeal on the court's decision.


Thailand Plans to Legalize Casino to Boost Tourism and Foreign Investment

Despite its conservative stance, Thailand is pushing to legalize casinos to boost tourism and attract foreign investment, with major global casino operators like MGM showing interest.

Uniqlo and Nike Struggle in China as Shoppers Choose Cheaper Options

Due to economic challenges, Uniqlo, Nike, and other global apparel brands are struggling in China as consumers increasingly choose affordable, unbranded alternatives.

Berkshire Hathaway Sells Half of Its Apple Shares, Increasing Cash to Record $277 Billion

Apple's stock stake has been reduced by Berkshire Hathaway, which has boosted its cash reserves to a record-high ($277 Billion) as a cautious approach against US economy concerns.


Latest News

Trump Proposes Ending Taxes on Social Security Benefits for Seniors
Donald Trump has proposed eliminating federal income taxes on Social Security benefits for seniors, potentially reducing federal revenue by up to $1.8 trillion over the next decade.
China Sets New Rules to Help Veterans Find Jobs and Start Businesses Easily
China's new laws, effective September 1, will ease hiring criteria for veterans, provide job preferences, and support entrepreneurship, vocational training, and higher education to improve their transition to civilian life.
Nvidia Finally Faces DOJ Antitrust Investigation After Push From Senator Warren and US Progressives
The U.S. Department of Justice has launched an antitrust investigation into Nvidia for allegedly misusing its dominant position in the AI chip market to unfairly disadvantage competitors, following a push from competitors, groups, and even the Senate.
Turkey Bans Instagram After Removing Posts About Hamas Leader
Turkey blocked 50 million Turkish users' access to Instagram, reportedly in response to the platform removing posts about the death of Hamas leader Ismail Haniyeh.
Here’s Why the Paris Olympics May Be Recalled as a Historical Flop
Compared to previous versions of the games, there seemed to be a crisis the Paris Olympics is facing on promoting the competitions, the general preparations and contingencies the French government is facing, and the moral integrity of the global athletic system.
CrowdStrike-Microsoft Outage Cost Delta Air Lines $500 Million After 4,000 Flight Cancellations
The shareholders also noted that CrowdStrike's share price fell more than 30% in the days following the global tech outage.
Twyne: Bridging the Gap Between Online and Real-Life Connections
While platforms like Meta, YouTube, and TikTok offer entertainment and connectivity, they often fall short of fostering genuine, local relationships. Long-distance connections and scheduling conflicts can make it challenging to establish and maintain friendships. People want real-life interactions with others nearby, but the logistics of meeting new people often feel overwhelming. Enter Twyne, a platform designed to bridge the gap between online interactions and real-life connections.
Enginuity Power Systems: Pioneering Ultra-High-Efficiency Energy Solutions for a Sustainable Future
Enginuity Power Systems is an energy solutions company based in Alexandria, VA. Specializing in ultra-high-efficiency energy systems, the company offers products for residential, commercial, industrial, and government applications. Key features of its E-Series systems include a lightweight design, multi-fuel capability, scalability, and quiet operation.
Intel Announces Massive Job Cuts, Cites Cost-Cutting Measures
The majority of the layoffs will be completed by the end of 2024, Intel said. Chip maker Intel on Thursday announced it plans to lay off more than 15,000 workers after it lost more than $1 billion in revenue in the second quarter.
Ekyam Transforms Retail Technology Integration with a Solution to Unified Commerce
Many retailers struggle with accurately tracking their inventory, with less than 31% knowing the true status of their stock. This is often due to communication breakdowns and discrepancies between various systems, including e-commerce storefronts, marketplaces, POS, OMS, WMS, and ERP. As a result, this can lead to lost revenue and low conversion rates. Fortunately, Ekyam offers an AI-integrated solution that improves communication and data flow across all platforms while optimizing revenue growth.
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