TOKYO – Toyota said on Wednesday that it enjoyed a record net profit of 4.94 trillion yen ($31.9 billion) in the year to March on revenues of 45.1 trillion yen, which was also an all-time high. But the world's largest automaker by sales warned net income would fall 27.8 percent …
Read More »At least 3 dead as severe storms rip through central, southeast U.S.
Severe storms were tearing through the central and southeast U.S. late Tuesday and Wednesday, spawning damaging tornadoes, producing massive hail and killing two people in Tennessee and another in North Carolina. Storms brought hail, tornadoes and destruction to multiple states Powerful tornado rips down trees in Michigan 12 hours ago …
Read More »Shopify’s shares hit a 6-month low after quarterly growth slows
Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20 per cent on Wednesday. E-commerce has rebounded but consumers pulling back on discretionary spending Canadian e-commerce platform Shopify forecast its …
Read More »FTX says most customers will get all their money back less than 2 years after crypto fraud crisis
FTX says that nearly all of its customers will receive the money back that they are owed — and some will get more than that — nearly two years after the cryptocurrency exchange imploded. Company owes $11.2B US to its creditors, has up to $16.3B to distribute to them FTX …
Read More »Shield yourselves from digital scams
Technology has revolutionized our way of life—the way we live, work, and communicate. Unfortunately, alongside the benefits of technology, there’s a darker side to it—the rise of scams and other fraudulent schemes that have victimized the public. In 2023, at least ₱155 million was lost to scammers. But it could …
Read More »Bon appetit!
President Marcos’s food tourism push isn’t about Michelin stars, it’s about showcasing a vibrant culinary heritage A self-proclaimed “foodie,” President Ferdinand Marcos Jr. has taken the lid off the sizzling cauldrons — a veritable smorgasbord — of varied and unique Filipino dishes. In his latest vlog, “Chibog,” which means eating …
Read More »Trillanes says another oust-Marcos plot brewing
Antonio Trillanes IV (STAR / File) MANILA, Philippines — Two senior officials of the Philippine National Police (PNP) are plotting to oust President Marcos to make way for a takeover either by former president Rodrigo Duterte or his daughter Vice President Sara Duterte, former senator Antonio Trillanes IV said yesterday. …
Read More »Marcos eyes gov’t reorganization to solve water crisis
Citing their overlapping functions, President Marcos said he wants a reorganization of the government’s various water agencies to address the water crisis and serve some 40 million Filipinos who do not have access to formal water resources. During a sectoral briefing on Tuesday, May 7, the Chief Executive was informed …
Read More »House leaders: Senate ‘losing integrity’ over PDEA leaks probe
Incoming Philippine President Ferdinand Marcos Jr (L) and outgoing President Rodrigo Duterte (C) take part in the inauguration ceremony for Marcos at the Malacanang presidential palace grounds in Manila on June 30, 2022. The son of the Philippines’ late dictator Ferdinand Marcos was to be sworn in as president on …
Read More »Supreme Court defines red-tagging as threat that could warrant protection
The Supreme Court (SC) has ruled that red-tagging, vilification, labeling, and guilt by association all threaten a person’s right to life, liberty, or security. Therefore, the High Court held that these could justify the issuance of a writ of amparo, whose privileges can include a permanent protection order. This is …
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