Source: © image(s) licensed by DVV Media (Shutterstock) KUALA LUMPUR ― Malaysia Aviation Group (MAG), the operator of national carrier Malaysia Airlines, reported higher profits in 2025 but warned on Thursday that market volatility caused by the conflict in the Middle East may weigh on its performance this year. The monthlong …
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Netflix searches for franchises after losing out on Warner Bros deal
A drone view shows the Netflix logo on one of their buildings in the Hollywood neighborhood of Los Angeles, Dec. 8, 2025. (Daniel Cole, Reuters) LOS ANGELES ― After losing its bid for Warner Bros Discovery’s rich trove of characters and stories, Netflix is forging ahead with the challenging work of …
Read More »Reese’s products revert to classic recipe
HERSHEY said on Wednesday it will use classic recipes for all Reese’s products starting next year, a change that comes after the grandson of Reese’s founder criticized the company for shifting to cheaper ingredients. Reese’s Peanut Butter Cups have always been made with real milk chocolate or dark chocolate and …
Read More »Crude prices surge after Trump speech
WASHINGTON D.C./CAIRO — Hopes for a swift end to the Middle East war faded on Thursday after United States President Donald Trump vowed more aggressive strikes on Iran, in an eagerly anticipated address that disappointed investors hoping for clearer signals of a way out. Stocks slid and oil prices surged after …
Read More »Advocacy groups urge YouTube to protect kids from ‘AI slop’ videos
Photo Credit: timesfreepress.com ADVOCACY groups and experts condemned YouTube for serving up low-quality artificial intelligence (AI)-generated videos to its most vulnerable audience: children. In a letter to YouTube CEO Neal Mohan and Sundar Pichai, the CEO of YouTube’s parent company Google, children’s advocacy group Fairplay expresses “serious concern” about the …
Read More »US auto sales seen falling as car market awaits war impact
BLEAK OUTLOOK Shoppers look over a 2025 Mach-E electric utility vehicle in the Ford display at the Colorado Auto Show on April 17, 2025. US carmakers foresee lower sales in the first quarter as the war with Iran is likely to impact the industry. AP PHOTO “We’re certainly keeping an …
Read More »OpenAI raises $122B in fresh funding round
SAN FRANCISCO, California — OpenAI on Tuesday said that the startup was valued at $852 billion in a freshly closed funding round that raised $122 billion. The eye-watering level of funding came in higher than originally projected, reflecting the surging costs of computing power and arriving amid lingering questions about whether …
Read More »Nike forecasts surprise sales drop as China weakness hurts turnaround efforts
NIKE’S forecast of a surprise drop in fourth-quarter sales on Tuesday sent its shares down more than 9 percent in extended trading, as persistent weakness in China and slow progress in clearing older inventory hamper turnaround efforts. ROUGH SAILING A Nike logo is displayed at a Nike store on Feb. …
Read More »Toyota supplier Denso targets 11% return on equity by 2030
TOKYO — Japanese auto parts maker Denso said on Tuesday it was aiming for sales of 8 trillion yen ($50 billion) and a return on equity (ROE) of 11 percent by 2030, despite missing a lower ROE target in an earlier plan. The Toyota supplier flagged opportunities and challenges for future …
Read More »Korean Air to shift to emergency mode in April amid rising oil prices from Iran war
Korean Air will enter emergency management mode from April as rising oil prices driven by the war in the Middle East weigh on costs, a source with knowledge of the matter told Reuters on Tuesday. – NSTP/LOONG WAI TING SEOUL — Korean Air will enter emergency management mode from April as …
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