July 2024 - Page 2 of 13

GM Launches Most Powerful Chevy Corvette Ever: The 2025 ZR1

29

Jul

Business

GM Launches Most Powerful Chevy Corvette Ever: The 2025 ZR1

More news - News 24 hours DETROIT — General Motors has unveiled the latest version of its iconic sports car, the Chevrolet Corvette, set to become the most powerful model in the brand’s history. The 2025 Chevy Corvette ZR1 will feature a 5.5-liter twin-turbo V8 engine that produces over 1,000 horsepower and 828 pound-feet of torque. This significant increase in power positions the ZR1 among the elite supercars, typically priced in the hundreds of thousands of dollars. “This car accelerates like a freight train,” noted Tadge Juechter, Corvette’s executive chief engineer since 2006, at a recent media event. “We expect…

Starliner crew mission delayed until August, NASA says

28

Jul

By William Lee

Starliner crew mission delayed until August, NASA says

More news - Breaking news NASA has announced that Boeing’s Starliner spacecraft will remain docked with the International Space Station (ISS) until August as the agency and Boeing address issues that arose early in the mission. The Starliner capsule, named "Calypso," has been in space for more than 50 days, carrying NASA astronauts Butch Wilmore and Suni Williams. Originally scheduled for an early return, the mission faced several delays as NASA conducted necessary ground tests before approving the spacecraft's reentry. In a recent press conference, Steve Stich, NASA's commercial crew manager, said that despite significant progress, the agency is not…

2024 Olympic Basketball Predictions: U.S. Team Favorites for Gold, South Sudan Rising

28

Jul

By William Lee

Sports

2024 Olympic Basketball Predictions: U.S. Team Favorites for Gold, South Sudan Rising

Related media - Latest news The 2024 Summer Olympics in Paris are just around the corner and, as always, basketball will be one of the sports that will generate great excitement among fans and bettors. After failing to win a medal at last year's FIBA World Cup, the U.S. team is aiming for a strong comeback. The United States has won four consecutive Olympic gold medals and seven of the last eight, dating back to 1992. This year's Olympic roster features a total of 13 NBA titles and eight NBA MVP awards, with key players such as LeBron James, Steph…

Warner Bros. Discovery Sues NBA Over Media Rights Dispute With Amazon

28

Jul

By William Lee

Business

Warner Bros. Discovery Sues NBA Over Media Rights Dispute With Amazon

Related media - Recent news Warner Bros. Discovery has filed a lawsuit against the NBA to secure the rights to broadcast a package of live games, challenging the league’s decision to award those rights to Amazon. “Due to the NBA’s unjustified rejection of our game against a third-party offer, we have initiated legal proceedings to enforce our rights,” said TNT Sports, a unit of Warner Bros. Discovery. “We firmly believe this is not only our contractual right, but also the best service for fans who prefer our flexible and widely accessible platforms, including TNT and Max.” The media company seeks…

UK Finance Minister Rachel Reeves promises most pro-growth, pro-business government in history

27

Jul

By William Lee

UK Finance Minister Rachel Reeves promises most pro-growth, pro-business government in history

More news - News 24 hours LONDON — UK Finance Minister Rachel Reeves said on Friday that the newly elected Labour government aims to be the most growth-oriented and business-friendly administration the country has ever seen. In an interview with CNBC, Reeves stressed that improving the living standards of ordinary Britons and increasing investment in public services depend on wealth creation. “This will be the most pro-growth, pro-business Treasury this country has ever seen,” Reeves, the Chancellor of the Exchequer, told CNBC’s Steve Sedgwick in a remote interview. “I will work with businesses to ensure we are doing everything we…

US economy expands 2.8% in second quarter, beating expectations

27

Jul

By William Lee

Business

US economy expands 2.8% in second quarter, beating expectations

More news - Breaking news The U.S. economy posted robust growth in the second quarter, driven by strong consumer and government spending, along with a significant increase in inventories, according to an initial estimate from the Commerce Department released Thursday. From April to June, real gross domestic product (GDP), which measures the value of all goods and services produced, grew at an annualized rate of 2.8% after adjusting for seasonality and inflation. That beat the 2.1% growth forecast by economists polled by Dow Jones and improved from the 1.4% growth in the first quarter. The first of three estimates highlighted…