Posts by Liam Redmond
Single mom, influencer defends gender selection of new baby: ‘For me’
An Aussie mother who has been the center of controversy over her decision to choose her baby’s gender has defended her actions on radio. Caitlin Bailey, from Melbourne, is a single mom with two sons and a daughter. However, she always wanted two children of each biological sex so she spent $45,000 to fly to America…
Read MoreCost to ship goods from China jumps as tariff truce spurs demand
Published Fri, May 16, 2025 · 07:51 AM [LONDON] Spot container rates to ship goods to the US from China jumped by the most this year after the two biggest economies reached a temporary agreement to lower tariffs – reviving demand at the start of the 90-day reprieve. The cost for a 40-foot container from…
Read MoreMeta delays release of its ‘Behemoth’ AI model: WSJ
Published Fri, May 16, 2025 · 07:08 AM META Platforms is delaying the release of its flagship “Behemoth” AI model due to concerns about its capabilities, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Company engineers are struggling to significantly improve the capabilities of its Behemoth large-language model, resulting in…
Read MoreFTX to distribute US$5 billion in next round of creditor payments
Published Fri, May 16, 2025 · 07:06 AM [NEW YORK] Advisers overseeing the bankruptcy of former cryptocurrency firm FTX are preparing to distribute another US$5 billion to company creditors, in what will be the second payment to customers this year. FTX said this round of distributions will start on May 30 and that customers and…
Read MoreGeely appoints Zeekr head as new group CEO in shakeup
[HONG KONG] Billionaire Li Shufu is shaking up his sprawling Geely auto empire, lining up a new chief executive weeks after a shock move to take its US-listed premium electric car brand Zeekr private. Andy An, Zeekr’s CEO, will also head parent Zhejiang Geely Holding Group after the subsidiary’s privatisation by Geely Automobile Holdings is…
Read MoreWalmart shoppers to face price hikes as Trump tariffs hit
WALMART, the world’s largest retailer, will have to start raising prices later this month due to the high cost of tariffs, executives said on Thursday, in a clear signal that US President Donald Trump’s trade war is filtering through to the American economy. As a bellwether of US consumer health, Walmart‘s explicit statement is also a…
Read MoreOil prices settle 2% lower on expectations for US-Iran nuclear deal
[LONDON] Oil prices settled lower on Thursday on expectations for a US-Iran nuclear deal that could result in sanctions being eased and more barrels released onto the global market. Brent crude futures settled down US$1.56, or 2.36 per cent, to US$64.53 a barrel. US West Texas Intermediate crude futures settled down US$1.53, or 2.42 per cent,…
Read MoreJordon Hudson was around Bill Belichick in 2021 while he was coaching Patriots: Pablo Torre
Jordon Hudson was a presence around Bill Belichick’s football life long before his days at the University of North Carolina. The 24-year-old girlfriend of the eight-time Super Bowl winner had been around as early as the fall of 2021, when Belichick was still calling the shots with the Patriots, according to new reporting from podcaster…
Read MoreUS: Stocks end mostly up after mixed data
Published Fri, May 16, 2025 · 06:14 AM [NEW YORK] Wall Street stocks finished mostly higher on Thursday following mixed US economic data as markets await further announcement from Washington of trade deals. Data showed US retail sales were near-flat in the United States in April, while US wholesale inflation unexpectedly fell during the month. “We’re back…
Read MoreKey White House adviser says he expects Trump-Putin meeting ‘imminently’
A top Trump administration official raised eyebrows Thursday by predicting that a meeting between the US president and Russian strongman Vladimir Putin would happen “imminently.” “At the end of the day, the final settlement will see my boss, President Trump, in the room, sealing the deal,” senior director for counterterrorism Sebastian Gorka said during an…
Read MoreNJ Transit strike appears ever more likely ahead of midnight deadline: ‘It’s going to be ugly’
NJ Transit riders are facing massive service disruptions as the system barrels like a runaway train toward Thursday’s midnight deadline to avoid its first major rail strike in over 40 years. The Garden State-owned rail service has already festooned stations with screaming-red signage warning of deep service cuts starting at midnight Friday if contract negotiations…
Read MoreMicrosoft layoffs hit its Silicon Valley workforce
Microsoft is slashing its Silicon Valley workforce. The tech giant, which is based in Washington but also has Bay Area offices, is cutting 122 positions in Silicon Valley, according to a layoff notice sent to the California Employment Development Department this week. Microsoft cited a reorganization and restructuring within the company as the reason for…
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