NEW YORK (AP) — Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vast fortune. Bezos, whose “real-time” worth Forbes magazine estimates at roughly $124.1 billion, made the announcement in a joint CNN interview with his…
By Nate Raymond (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by StarKist Co, owned by South Korea’s Dongwon Industries, to avoid a lawsuit by tuna buyers accusing it of fixing prices. The justices turned away StarKist’s appeal of a lower court’s decision that let three groups of tuna purchasers receive…
WARSAW (Reuters) – Poland will take over the Polish assets of Gazprom, Rzeczpospolita daily reported on Monday. In September, Poland imposed sanctions on Russia’s Gazprom Export’s and said it’s assets would be frozen. (Reporting by Alan Charlish and Marek Strzelecki)
Tampa Bay Buccaneers linebacker Carl Nassib dreamed of a different kind of social media app for years — one that celebrates positivity and community. With Rayze, a new app that links people to each other and to nonprofits that appeal to their interests or are based where they live, he may have created it. Now,…
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president on Monday proposed to more than double the country’s tax revenue as the island nation struggles to come out from its worst economic crisis. Unsustainable debt, a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic have led to a severe shortage…
NUSA DUA, Indonesia (AP) — Discord over Russia’s war on Ukraine and festering tensions between the U.S. and China are proving to be ominous backdrops for world leaders gathering in Indonesia’s tropical Bali island for a summit of the Group of 20 biggest economies starting Tuesday. With recession looming as central banks fight decades-high inflation…
(Reuters) -U.S. meatpacker Tyson Foods Inc on Monday forecast full-year sales above Wall Street estimates, signaling steady demand for its higher-priced chicken and beef despite decades-high levels of inflation. Packaged food makers have so far witnessed very little pushback from consumers on price increases, which were undertaken due to rising costs. The Springdale, Arkansas-based company…
(Reuters) -United Rentals Inc said on Monday it will acquire the assets of smaller rival Ahern Rentals Inc in an all-cash deal for about $2 billion, as the equipment rental firm looks to expand its U.S. presence. The company, which rents out industrial equipment such as vertical lifts, portable generators and mini-excavators, expects to fund…
NEW YORK (AP) — Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest force in Democratic politics and potentially the world’s first trillionaire. Now the comments about the 30-year-old Bankman-Fried range from bemused to hostile after FTX filed for bankruptcy…
KHERSON, Ukraine (AP) — President Volodymyr Zelenskyy triumphantly walked the streets of the newly liberated city of Kherson on Monday, hailing Russia’s withdrawal as the “beginning of the end of the war,” but also acknowledging the heavy price Ukrainian troops are paying in their grinding effort to push back the invaders. The retaking of Kherson…
