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Business

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Mark Mobius complains that his money is stuck in China

Mark Mobius complains that his money is stuck in China

Veteran emerging markets investor Mark Mobius said investors should be “very, very cautious when investing in China” after struggling to get their money out of the country. Mobius, founder of Mobius Capital Partners, has long been a promoter of Chinese equities but revealed why he changed his mind in an interview with Fox Business on Thursday. The investor revealed that…
Scammers use voice-cloning AI to mimic relatives

Scammers use voice-cloning AI to mimic relatives

In the near future, you may receive a call from a relative who needs urgent help, asking you to send him money quickly. And you might be convinced they are because you know their voice. Artificial intelligence is changing that. New generative AI tools can create all sorts of output from simple text prompts, including essays written in the style…
‘Creed III’ strikes overweight and tops the domestic box office for its first weekend

‘Creed III’ strikes overweight and tops the domestic box office for its first weekend

Creed III topped at the domestic box office in its first weekend in cinemas. The MGM release knocked out “Ant-Man and the Wasp: Quantumania” from the top spot, far exceeding both industry expectations and the opening weekends of the franchise’s first two films. “Creed III” played 4,007 locations in North America and earned an estimated $58.7 million in ticket sales,…
Marc Andreessen: We’re moving into a world where a flat screen TV that covers your entire wall costs $100 and a 4-year deal costs $1 million

Marc Andreessen: We’re moving into a world where a flat screen TV that covers your entire wall costs $100 and a 4-year deal costs $1 million

Marc Andreessen isn’t worried about artificial intelligence crowding out people’s jobs. In his opinion, technological innovations shouldn’t disrupt much of the economy anyway. The co-founder of venture capital giant Andreessen Horowitz laid out his thoughts in his newsletter this weekend. In less-regulated sectors of the economy, Andreessen argues, “technology is rushing through them, driving down prices and increasing quality every…
Norfolk-Southern train derails in Ohio – again

Norfolk-Southern train derails in Ohio – again

A Norfolk Southern Corp train. derailed in Springfield, Ohio, about a month after an earlier accident in the state that put rail safety in the spotlight. About 20 cars of a 212-car train derailed near Springfield southbound Saturday night, the company said in an emailed statement. No hazardous materials were involved and no injuries were reported, it said. Norfolk Southern…
UN members agree to protect marine life on the high seas

UN members agree to protect marine life on the high seas

For the first time, members of the United Nations have agreed on a unified deal to protect biodiversity on the high seas – a turning point for much of the planet where protection has previously been hampered by a confusing patchwork of laws. The UN Convention on the Law of the Sea came into force in 1994, before marine biodiversity…
NYC super commuters on their 5 hour round trip to the office

NYC super commuters on their 5 hour round trip to the office

An hour before dawn on any Tuesday in the tri-state area, the lights come on and the coffee is brewed. In Wilton, a small farming town in Connecticut, Zach Kaminsky gets up at 5:30 am and pours himself a cup while watching NBC News. The 24-year-old PR account manager travels by train and multiple subway lines to his office in…
Remote workers are “body doubling”: they watch strangers work online

Remote workers are “body doubling”: they watch strangers work online

Nicole Onyia, 24, goes live on TikTok for about five hours every day — all while juggling her full-time job as a data analyst. You may be wondering, like a 1960s infomercial narrator, “How does she do all of this?” The answer: She does both at the same time, streaming herself live from her home in front of audiences of…
Eating disorders are overlooked among people of color

Eating disorders are overlooked among people of color

Eating disorders affect nearly 10% of the population, and over 30 million Americans will experience an eating disorder at some point in their lives. They are one of the deadliest mental illnesses; about 26% of people diagnosed with a suicide attempt. But these statistics can be grossly underestimated. The lack of proactive detection and treatment has left many struggling behind…
CEO Beatrice Dixon splits for wellness

CEO Beatrice Dixon splits for wellness

In our CEO Wellness Series, we ask executives about their daily habits to gain insight into the tactics they use to minimize stress and maintain their well-being. Beatrice Dixon is co-founder and CEO of The Honey Pot Company, a plant-based feminine hygiene powerhouse that aims to provide people with vaginas with a healthy alternative to feminine hygiene made with powerful…
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