Category: Business

Elon Musk (AP)
Posted in Business

Investors have fresh doubts about Elon Musk’s grandiose ambitions

ON AUGUST 5TH SpaceX may have at last achieved Elon Musk’s goal of reaching the Moon—by accident. The upper stage of a Falcon 9 rocket,…

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Acer in India achieved the number two position in the PC market for Q1 2026, capturing a formidable 21.3% market share. (Official image)
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Beyond PCs: Harish Kohli on Acer India’s rise and an ‘Acer House’ dream

The global semiconductor supply chain is notoriously unforgiving. Over the past twelve months, the broader tech industry has watched a component conundrum ripple across supply…

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Representational. (Official image)
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Anthropic and OpenAI’s agents created fake online profiles to target real people

In a sign of worrying artificial intelligence (AI) behaviour, Anthropic and OpenAI’s models have shown a propensity to social engineer their way into getting a…

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Gen X faces a money crisis as rising costs, retirement worries and family pressure drive low consumer confidence (Pexel/Representative image) (Pexel)
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Gen X money crisis: Why America’s forgotten generation fears the US economy

Gen X is facing a major money and confidence crisis as it enters the middle years of life. Generation X, generally people in their 40s…

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US stocks fell as oil prices and Treasury yields rose, while Dow, S&P 500 and Nasdaq faced pressure (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
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Why is the stock market down today? Dow, S&P 500, Nasdaq fall as oil, yields and earnings pressure stocks

US stocks fell on Thursday as investors became more careful. The Dow Jones Industrial Average fell 0.6%. The S&P 500 dropped 0.2%, while the Nasdaq…

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SpaceX stock faces pressure as 911.5 million shares unlock. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
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SpaceX stock faces pressure as 911.5 million shares unlock after record IPO

More than 900 million SpaceX shares are set to become available for trading on Thursday. Up to 911.5 million shares will be unlocked, allowing some…

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Governments look increasingly as if they are betting on economic growth to pay the bills—which today means a bet on ai. (REUTERS)
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Governments are making a dangerous bet on the AI boom

After a STEADY upward climb this year, 30-year bonds in America, France, Japan and Britain are all near their highest since the global financial crisis…

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Bitcoin and Ethereum prices rise as Hormuz talks continue and weak US jobs data supports risk assets. (Pexel/Representative image) (Pexel)
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Bitcoin price today: BTC, Ethereum firm as Hormuz talks continue; can Bitcoin rally in August?

Bitcoin and Ethereum prices opened higher on Thursday, August 6, as investors moved back toward riskier assets while negotiations linked to Iran and the Strait…

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FILE PHOTO: A live feed shows SpaceX CEO Elon Musk on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. (REUTERS)
Posted in Business

Investors are having doubts about Elon Musk’s grandiose ambitions

ON AUGUST 5TH SpaceX may have at last achieved Elon Musk’s goal of reaching the Moon—by accident. The upper stage of a Falcon 9 rocket,…

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Pizza Hut is closing US restaurants as sales fall and customers shift to faster, cheaper food. (Joe Raedle/Getty Images/AFP (Photo by JOE RAEDLE / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

Why Pizza Hut is failing in America: How the us fell out of love with the once-dominant pizza chain

Pizza Hut’s decline can be seen clearly in Pigeon Forge, Tennessee. Highway 321 runs through the tourist town, surrounded by motels, amusement parks, fast-food restaurants…

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