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The Sports Bra announces plans to franchise with investment from Reddit co-founder Alexis Ohanian
oregonlive.com/sports/2024/04/the-sports-bra-announces-plans-to-franchise-with-investment-from-alexis-ohanian.html
The Sports Bra announces plans to franchise with investment from Reddit ...
Quick Glance: The Sports Bra Announces Franchising Plans with Investment from Reddit Co-Founder Alexis Ohanian
  • The Sports Bra, a now-iconic Portland destination that made history as the first women’s sports bar in the world, has announced plans to franchise and expand into other cities.

  • Investment from Reddit co-founder Alexis Ohanian - the husband of tennis legend Serena Williams - will fund the effort in partnership with Ohanian’s 776 Foundation. All returns from the investment will be invested back into girls’ and women’s sports via the foundation, the Sports Bra wrote in a post on Instagram.

  • Owner Jenny Nguyen opened The Sports Bra in Portland in 2022, and the business thrived in a city and state that has consistently showcased strong support for women’s sports.

  • But the growing hype around women’s sports is not unique to Portland. The popularity of women’s professional sports has seen a significant national uptick thanks, in part, to the emerging stardom of athletes like Sophia Smith, Caitlin Clark and others.
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Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Honda to set up $11 bln electric vehicle, battery plants in Canada
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
  • Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.

  • Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.

  • The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.

  • Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
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Alexis Ohanian makes an unprecedented investment in women’s track: Seeing “tremendous upside” in the sport, the billionaire is funding a women-only event this ...
washingtonpost.com/sports/olympics/2024/04/23/alexis-ohanian-is-funding-women-only-track-event-this-fall/
Alexis Ohanian makes an unprecedented investment in women’s track
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India's industrial output grows at fastest rate in four months in February: India's industrial output grew at the fastest annual rate in four months in February ...
reuters.com/world/india/indias-industrial-output-grows-fastest-rate-four-months-february-2024-04-12/
India's industrial output grows at fastest rate in four months in February
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Treasurer Jim Chalmers wants stronger foreign investment rules. What does that mean?
smh.com.au/national/treasurer-jim-chalmers-wants-stronger-foreign-investment-rules-what-does-that-mean-20240425-p5fmge.html
Treasurer Jim Chalmers wants stronger foreign investment rules ...
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Toyota Makes $1.4 Billion EV Investment in Indiana Facility: The latest financing effort follows an additional $1.3 billion investment at its flagship Kentucky ...
wsj.com/business/autos/toyota-makes-1-4-billion-ev-investment-in-indiana-facility-594607ac
Toyota Makes $1.4 Billion EV Investment in Indiana Facility
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Small-time investors in Trump’s Truth Social reckon with stock collapse: Trump Media shareholders have voiced doubt and fury over the company’s plunging price ...
washingtonpost.com/technology/2024/04/14/truth-social-investors-faith-trump/
Small-time investors in Trump’s Truth Social reckon with stock collapse
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
  • The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.

  • Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.

  • The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.

  • Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
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Apple says it wants to spend more on suppliers in Vietnam: Apple Inc wants to boost its investment in Vietnam, state media quoted the U.S ...
reuters.com/technology/apple-wants-spend-more-suppliers-vietnam-2024-04-16/
Apple says it wants to spend more on suppliers in Vietnam
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Google plans $3 bln data center investment in Indiana, Virginia: Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in ...
reuters.com/technology/google-plans-3-bln-data-center-investment-indiana-virginia-2024-04-26/
Google plans $3 bln data center investment in Indiana, Virginia
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Toyota preps new large electric SUV, is this the Highlander EV we’ve been waiting for?
electrek.co/2024/04/25/toyota-preps-new-electric-suv-us-highlander-ev/
Toyota preps new large electric SUV, is this the Highlander EV we’ve been ...
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Dublin-Belfast train to take less than two hours and run hourly after multimillion investment
irishtimes.com/ireland/2024/04/09/dublin-belfast-train-to-take-less-than-two-hours-and-run-hourly-after-multimillion-euro-investment/
Dublin-Belfast train to take less than two hours and run hourly after ...
Quick Glance: Airplane Observes Solar Eclipse in Bloomington
  • An airplane flies near the total solar eclipse in Bloomington, Indiana.

  • People watch the partial solar eclipse on the observation deck of Edge at Hudson Yards in New York City.

  • Sophia Moccia, 4, from Queens views the eclipse with a homemade mask in New York City.

  • A solar eclipse is visible in Mazatlan, Mexico.
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Biden administration agrees to provide billions to Samsung to expand chip manufacturing in Texas
trib.al/UAwSwpn
Biden administration agrees to provide billions to Samsung to expand chip ...
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Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Meta’s stock plunges on ‘aggressive’ AI spending plans
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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Google invests $640 mln in new data centre in Netherlands: Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the ...
reuters.com/technology/google-invests-640-mln-new-data-centre-netherlands-2024-04-23/
Google invests $640 mln in new data centre in Netherlands
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UAE: Indians, Pakistanis among top investors in Sharjah property - News | Khaleej Times
khaleejtimes.com/uae/indians-pakistanis-among-top-investors-in-sharjah-property
UAE: Indians, Pakistanis among top investors in Sharjah property - News | ...
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Insurance: Comprehensive or third-party liability, what’s the difference?: Knowing the main difference is key to making a decision that works for you
gulfnews.com/your-money/community-tips/insurance-comprehensive-or-third-party-liability-whats-the-difference-1.1713455746424
Insurance: Comprehensive or third-party liability, what’s the difference?
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UAE: Some residents sell gold, jewellery as prices of yellow metal hit record - News | Khaleej Times
khaleejtimes.com/business/uae-some-residents-sell-gold-jewellery-as-prices-of-yellow-metal-hit-record
UAE: Some residents sell gold, jewellery as prices of yellow metal hit ...
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Boss behind Scarborough’s newly-approved zip line hopes project can ‘get town buzzing’ with investment and jobs
thescarboroughnews.co.uk/news/politics/council/boss-behind-scarboroughs-newly-approved-zip-line-hopes-project-can-get-town-buzzing-with-investment-and-jobs-4592684
Boss behind Scarborough’s newly-approved zip line hopes project can ‘get ...
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Apple plans to invest more than $250 mln to expand Singapore campus: Apple Inc plans to invest more than $250 million to expand its regional campus or operations ...
reuters.com/technology/apple-plans-invest-more-than-250-mln-expand-singapore-campus-2024-04-18/
Apple plans to invest more than $250 mln to expand Singapore campus
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GDP growth slowed to a 1.6% rate in the first quarter, well below expectations: Real GDP was expected to increase 2.4% in the first quarter on a seasonally ...
cnbc.com/2024/04/25/gdp-q1-2024-increased-at-a-1point6percent-rate.html
GDP growth slowed to a 1.6% rate in the first quarter, well below ...
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
  • Investors cast doubt on a Fed rate cut before September.

  • Expectations are now fully priced in for a rate cut on November 6-7.

  • The shift in market expectations stemmed from inflation and growth data.

  • There is now an estimated 75 percent likelihood of a Fed rate cut by September.
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Saudi Arabia, Pakistan accelerate implementation of $5 billion investment package
saudigazette.com.sa/article/641902
Saudi Arabia, Pakistan accelerate implementation of $5 billion investment ...
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Sony Reportedly in Talks to Join a Bid to Buy Paramount - IGN: Sony is reportedly in talks to join a joint bid with investment firm Apollo Global Management to ...
ign.com/articles/sony-reportedly-in-talks-to-join-a-bid-to-buy-paramount
Sony Reportedly in Talks to Join a Bid to Buy Paramount - IGN
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Drew Carey Speaks Out About Funding Writers Meals Amid Strike: “It Was the Right Thing to Do”
hollywoodreporter.com/business/business-news/drew-carey-talks-funding-writers-meals-2023-strike-1235873989/
Drew Carey Speaks Out About Funding Writers Meals Amid Strike: “It Was the ...
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China’s GDP jumps 5.3% in first quarter: Growth rate beats expectations as Beijing tries to steer manufacturing-led economic revival
ft.com/content/211467a7-5f5f-4cc7-b6fd-cd4a34eb582e
China’s GDP jumps 5.3% in first quarter
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Volkswagen announces R4bn investment in Kariega plant: Volkswagen Group Africa on Tuesday announced a R4bn investment in its manufacturing plant in Kariega ...
timeslive.co.za/motoring/news/2024-04-16-volkswagen-announces-r4bn-investment-in-kariega-plant/
Volkswagen announces R4bn investment in Kariega plant
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HSF achieves record total comprehensive income: AFTER three consecutive years of decline, Trinidad and Tobago’s Heritage and Stabilisation Fund (HSF) has turned ...
trinidadexpress.com/business/local/hsf-achieves-record-total-comprehensive-income/article_8d1ad640-fa06-11ee-bdf4-d3481b83fdfb.html
HSF achieves record total comprehensive income
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Stocks are headed for a 'reset' that could hurt returns for years: CIO: People's wealth could take a huge hit as the stock market peaks after one of the longest ...
markets.businessinsider.com/news/stocks/stock-market-correction-recession-outlook-economy-bear-market-metals-industrials-2024-4
Stocks are headed for a 'reset' that could hurt returns for years: CIO
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BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash: Asset manager’s chief has become a popular target for criticism over its ESG investing ...
ft.com/content/c1296bc4-978b-45c3-83db-c798d2439062
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
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Why recycling metal is an opportunity too good to waste: Recycling energy-transition metals from battery, electric vehicles and renewable energy products offers ...
weforum.org/agenda/2024/04/why-recycling-metal-is-an-opportunity-too-good-to-waste/
Why recycling metal is an opportunity too good to waste
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Thames Water could hike bills by £200 a year to help cut sewage spills: Bill set to hit £627 by 2030 to pay for investment projects
standard.co.uk/news/london/thames-water-bill-increase-sewage-spills-b1153027.html
Thames Water could hike bills by £200 a year to help cut sewage spills
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The Apprentice crown champion after tense finale as one candidate slips up: Lord Alan Sugar has crowned Rachel Woolford as the winner of this year's The ...
mirror.co.uk/tv/tv-news/breaking-bbc-apprentice-winner-2024-32619686
The Apprentice crown champion after tense finale as one candidate slips up
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Saudi foreign minister to visit Pakistan to boost economic cooperation - News | Khaleej Times
khaleejtimes.com/world/gulf/saudi-foreign-minister-to-visit-pakistan-to-boost-economic-cooperation
Saudi foreign minister to visit Pakistan to boost economic cooperation - ...
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Quick Glance: Billion-Dollar Deal Strengthens US Semiconductor Production and National Security
  • The world's largest chipmaker is planning cutting-edge facilities in Arizona with substantial subsidies.

  • From 2028, TSMC will produce its most advanced products in Arizona to boost US semiconductor production.

  • The $65 billion investment in the US drives 2nm chip production and enhances national security.

  • This move supports the goal of relocating 20% of global advanced semiconductor manufacturing onshore by 2030.
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Amazon to invest $11 billion in Indiana to build data centers: Amazon.com's cloud-computing arm said it would invest $11 billion in Indiana to build data centers ...
reuters.com/technology/amazon-invest-11-billion-indiana-build-data-centers-2024-04-25/
Amazon to invest $11 billion in Indiana to build data centers
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Investment platform targets users in informal economy: While conducting their research at the university, three friends Titus Marenye, Njogu Kinyanjui and Samuel ...
nairobinews.nation.africa/investment-platform-targets-users-informal-economy/
Investment platform targets users in informal economy
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Trump Media director accused of ‘hacking’ files in attempted corporate ‘coup’: lawsuit
cnbc.com/2024/04/10/trump-media-director-accused-of-hacking-files-lawsuit.html
Trump Media director accused of ‘hacking’ files in attempted corporate ...
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Serena Williams Has Invested In Over A Dozen Companies Now Worth $1 Billion+: Williams says 14 of the companies her VC fund has invested in have ...
essence.com/news/money-career/serena-williams-vc-fund-unicorns/
Serena Williams Has Invested In Over A Dozen Companies Now Worth $1 ...
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Microsoft to invest $1.5 billion in Emirati AI firm G42 for minority stake: Microsoft is investing $1.5 billion in United Arab Emirates-based artificial ...
reut.rs/3VUVZk5
Microsoft to invest $1.5 billion in Emirati AI firm G42 for minority stake
Quick Glance: Microsoft to Invest $1.5 Billion in Emirati AI Firm G42 for Minority Stake
  • Microsoft is investing $1.5 billion in the United Arab Emirates-based artificial intelligence firm G42 to acquire a minority stake and a board seat.

  • The partnership aims to deepen ties between the USA and the UAE amid the global battle for tech dominance.

  • The deal includes G42 using Microsoft cloud services to run its AI applications.

  • G42 and Microsoft plan to jointly bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa.
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Microsoft turns to the Middle East for its latest bet on AI: Microsoft will invest $1.5 billion in Abu Dhabi’s G42, an artificial intelligence group that has ...
cnn.com/2024/04/16/tech/microsoft-g42-ai/
Microsoft turns to the Middle East for its latest bet on AI
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Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025: Major advanced economy central banks are likely to take back less than half of the ...
bloomberg.com/news/articles/2024-04-26/only-half-of-global-rate-hikes-set-to-be-taken-back-by-end-2025
Only Half of Global Interest Rate Hikes Set to Be Taken Back by End-2025
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Oracle to invest over $8 billion in Japan in cloud computing, AI: Oracle said on Wednesday it will invest more than $8 billion over the next 10 years to meet ...
reuters.com/technology/oracle-invest-over-8-bln-japan-cloud-computing-ai-2024-04-18/
Oracle to invest over $8 billion in Japan in cloud computing, AI
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Meet the Robots Slicing Your Barbecue Ribs: The meatpacking industry is investing billions of dollars to automate notoriously difficult jobs.
on.wsj.com/3JdWo9y
Meet the Robots Slicing Your Barbecue Ribs
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What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
What's behind the unstoppable American consumer
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T&T trade mission scouting opportunities: A 19-member delegation from Trinidad and Tobago comprising 16 companies interested in the construction ...
stabroeknews.com/2024/04/26/news/guyana/tt-trade-mission-scouting-opportunities/
T&T trade mission scouting opportunities
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Should we use savings to pay down mortgage or invest in shares?: Once you get to the point where your mortgage isn’t weighing you down, you can explore other ...
smh.com.au/money/borrowing/should-we-use-savings-to-pay-down-mortgage-or-invest-in-shares-20240416-p5fk5p.html
Should we use savings to pay down mortgage or invest in shares?
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Corporations struggle on climate goals amid backlash over 'woke capitalism,' experts say
abcnews.go.com/US/corporations-struggle-climate-goals-amid-backlash-woke-capitalism/story
Corporations struggle on climate goals amid backlash over 'woke capitalism ...
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Serena Williams Admits She Has Interest in Purchasing WNBA Team in Future : The decorated tennis champion would like to invest in women's sports in the ...
si.com/soccer/2024/04/15/serena-williams-wnba-team-purchase-future
Serena Williams Admits She Has Interest in Purchasing WNBA Team in Future
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Auckland to Northland expressway will boost GDP by $1.2b a year, report shows: A four-lane expressway from Auckland’s Warkworth to Northland’s Kaikohe would have ...
nzherald.co.nz/northern-advocate/news/auckland-to-northland-expressway-will-boost-gdp-by-12b-a-year-report-shows/KWVVAXLM75FRZBZJ6QFINPPWJA/
Auckland to Northland expressway will boost GDP by $1.2b a year ...
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South Korea to invest $7 billion in AI in effort to retain edge in chips: South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9 ...
cnn.com/2024/04/09/tech/southkorea-ai-investment-chips-competitiveness-intl-hnk/
South Korea to invest $7 billion in AI in effort to retain edge in chips
Quick Glance: South Korea's $7 Billion Investment in AI for Chip Dominance
  • South Korean President Yoon Suk Yeol announced a 9.4 trillion won ($6.94 billion) investment in artificial intelligence by 2027 to maintain leadership in semiconductor chips.

  • The plan includes expanding research on AI chips like neural processing units (NPUs) and high-bandwidth memory chips.

  • South Korea aims to be a top three country in AI technology by 2030, capturing 10% or more of the global semiconductor market.

  • President Yoon emphasized the country's ambition to create a new semiconductor legend with AI chips in the next 30 years and called for readiness in the face of uncertainties.
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Southeast Asia 'woefully off track' on green investment, Bain says: South East Asia is
reuters.com/sustainability/climate-energy/southeast-asia-woefully-off-track-green-investment-bain-says-2024-04-15/
Southeast Asia 'woefully off track' on green investment, Bain says
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As Jared Kushner’s Investment Firm Steps Out, the Potential Conflicts Are Growing
nytimes.com/2024/04/09/us/politics/jared-kushner-affinity-partners.html
As Jared Kushner’s Investment Firm Steps Out, the Potential Conflicts Are ...
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Canada's Trudeau announces package of AI investment measures: Canadian Prime Minster Justin Trudeau on Sunday said the upcoming budget will include a C$2 ...
reuters.com/technology/canadas-trudeau-announces-package-ai-investment-measures-2024-04-07/
Canada's Trudeau announces package of AI investment measures
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Aussie roasted for ‘accidental’ home purchase: OnlyFans star and business owner, Karina Irby, has gone viral for revealing that she “accidentally” bought an ...
news.com.au/finance/real-estate/buying/young-aussie-roasted-for-claiming-she-accidentally-bought-a-new-home/news-story/f0d67f61901909d1a575fe82bf49fa23
Aussie roasted for ‘accidental’ home purchase
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Microsoft to invest $2.9 bln to boost AI business in Japan - Nikkei: Microsoft Corp will invest about $2.9 billion over the next two years to boost its ...
reuters.com/technology/microsoft-invest-29-bln-boost-ai-business-japan-nikkei-2024-04-09/
Microsoft to invest $2.9 bln to boost AI business in Japan - Nikkei
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Bus Éireann to launch electric bus fleet in Limerick: Bus Éireann will introduce its first electric regional city bus fleet in Limerick later today ...
rte.ie/news/munster/2024/0412/1443106-electric-bus-limerick/
Bus Éireann to launch electric bus fleet in Limerick
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200 million investment: Bayern's plan for the summer transfer market: FC Bayern would like to invest a lot of money in the coming change period ...
fussballtransfers.com/a7664367459514909458-200-millionen-investment-bayerns-plan-fuer-den-sommertransfermarkt
200 million investment: Bayern's plan for the summer transfer market
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'You're never too young' to make this crucial money move, says BlackRock investing chief
cnbc.com/2024/04/15/blackrock-investing-chief-why-you-should-invest-early.html
'You're never too young' to make this crucial money move, says BlackRock ...
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Quick Glance: PM unveils ambitious plan to boost local manufacturing
  • Prime Minister Anthony Albanese has unveiled an ambitious plan to boost local manufacturing and supercharge Australia's economic growth.

  • He announced the upcoming introduction of a 'Future Made in Australia Act' to enhance investment, job creation, and economic opportunities.

  • Albanese emphasized the importance of government support for the domestic industry and competing with other countries offering similar subsidies.

  • Albanese's plan has been welcomed by various bodies, while Opposition Leader Peter Dutton deemed it unachievable.
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Inside the £4billion floating theme park built on an offshore oil rig: Saudi Arabia's The Rig is set to host three hotels, 800 rooms, 11 restaurants ...
metro.co.uk/2024/04/14/inside-4billion-floating-theme-park-built-offshore-oil-rig-20631757/
Inside the £4billion floating theme park built on an offshore oil rig
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Planned £200m investment in green project in North Wales: Enfinium, a UK energy from waste operator, has announced a planned investment in carbon capture and ...
dailypost.co.uk/news/north-wales-news/planned-200m-investment-green-project-28973411
Planned £200m investment in green project in North Wales
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Morgan Stanley's wealth arm under probe by multiple regulators, WSJ reports: Morgan Stanley's wealth management arm is being probed by multiple regulators ...
reuters.com/business/finance/morgan-stanleys-wealth-arm-is-being-probed-by-multiple-regulators-wsj-reports-2024-04-11/
Morgan Stanley's wealth arm under probe by multiple regulators ...
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China's economy saw unexpected 5.3% growth in first quarter, though weak areas remain
pbs.org/newshour/world/chinas-economy-saw-unexpected-5-3-growth-in-first-quarter-though-weak-areas-remain
China's economy saw unexpected 5.3% growth in first quarter ...
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Jamie Dimon says AI could be as transformative as electricity or the internet—here's how to invest
cnbc.com/2024/04/09/jpmorgan-chase-ceo-jamie-dimon-ai-could-be-as-big-as-the-internet.html
Jamie Dimon says AI could be as transformative as electricity or the ...
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
  • JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.

  • Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.

  • Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.

  • Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
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It’s easier to keep star employees than to sue them for leaving: Bosses can’t stop former employees from using the skills that they have learnt on the job.
straitstimes.com/business/invest/it-s-easier-to-keep-star-employees-than-to-sue-them-for-leaving
It’s easier to keep star employees than to sue them for leaving