December 2024 - Georgia times

Wholesale prices and labor market trends fuel contrasting economic prospects

November brought an unexpected rise in wholesale prices, casting doubt on the pace of inflation's decline, according to data released Thursday by the Bureau of Labor Statistics (BLS). The producer…

International, Investments and Business

Dolphin Entertainment CEO increases ownership, signaling confidence in the company's future

Claude Sophia Merlo Lookman

William O'Dowd IV, CEO of Dolphin Entertainment Inc. (NASDAQ:DLPN), increased his personal investment in the company by acquiring an additional 13,000 shares of common stock. The shares were purchased at…

International, Science and Technology

A US court upholds the law requiring ByteDance to sell TikTok or risk being banned

Claude Sophia Merlo Lookman

A US federal court has upheld legislation requiring Chinese tech giant ByteDance to relinquish ownership of the popular social media platform TikTok in the US by early next year or…

Economy, International

The US Supreme Court will hear arguments over the federal law that threatens a TikTok ban

Claude Sophia Merlo Lookman

The US Supreme Court has announced that it will hear arguments on January 10, 2025 on the constitutionality of a federal law that could ban TikTok in the US unless…

Economy

Biden sets ambitious emissions reduction target while Trump promises to reverse climate progress

Claude Sophia Merlo Lookman

President Joe Biden announced a bold plan to reduce U.S. greenhouse gas emissions by more than 60% by 2035, reaffirming his administration's commitment to fighting global warming. This move comes…

Economy

Biden will visit the Vatican and Italy on his final international trip as president

Claude Sophia Merlo Lookman

US President Joe Biden will visit the Vatican next month, marking what is likely to be his last international trip as president before his term ends. The White House announced…

Economy

NBA introduces new All-Star Game format to increase competition and fan engagement

Claude Sophia Merlo Lookman

The NBA All-Star Game is set to undergo another major transformation, as the league announced a new three-team mini-tournament format for this year's event in San Francisco. Featuring the league's…

Investments and Business

Nissan and Honda are reportedly considering merging for a competitive advantage in the global auto market

Claude Sophia Merlo Lookman

Japanese automakers Nissan Motor and Honda Motor are reportedly in discussions regarding a potential merger The Nikkei newspaper. The move, which could reshape the global automotive landscape, aims to improve…

Economy

Parliament approves financing law to avoid government shutdown, but battle over debt ceiling looms

Claude Sophia Merlo Lookman

The Republican-led US House of Representatives passed legislation on Friday to prevent a government shutdown, rejecting President-elect Donald Trump's calls to include billions of dollars in new funding. The bill,…

Science and Technology

Apple accused of monitoring employees and limiting discussions about pay and conditions

Claude Sophia Merlo Lookman

Apple is accused of illegally surveilling the personal devices and iCloud accounts of its employees, particularly when they discuss pay and workplace conditions. A new complaint, filed by Domingo Amar…