Alibaba Spinning Off Its Cloud Business Could Be a Stroke of Genius. Here's Why.

Associated Press
Paris Games chief hails 12 million tickets sold for Olympics and Paralympics
More than 12 million tickets were sold for the Olympics and Paralympics and Paris organizers hailed it as “unprecedented success” on Friday. The 12,132,647 tickets across both Games represented 95% of crowd capacity at the venues, said Tony Estanguet, the head of the Paris organizing committee.
Investor's Business Daily
Trump Readies New Crypto Launch, 'State Of Crypto Address'
Former President Donald Trump plans to launch a new cryptocurrency project Monday and host a 'State of Crypto Address.' Here's what to expect.
Investor's Business Daily
SentinelOne Stock Sees Improving Relative Strength Performance
SentinelOne shows improving price performance, earning an upgrade to its IBD Relative Strength Rating
Associated Press Finance
Boar's Head closing Virginia plant linked to deadly listeria outbreak
Boar’s Head said Friday it’s closing the Virginia plant tied to a deadly listeria outbreak. The Sarasota, Florida-based company said it will also permanently discontinue production of liverwurst, the product that was linked to the deaths of at least nine people and hospitalizations of about 50 others in 18 states. Boar's Head expressed regret and deep apologies for the outbreak in a statement on its website.
NextShark
Japan named the 2nd best country in the world
Japan has climbed from sixth place last year to the second spot in the 2024 Best Countries index due to its sweeping reforms following the COVID-19 pandemic. The index, compiled by the U.S. News & World Report in collaboration with the Wharton School, evaluates countries across a range of categories including openness for business, power, adventure, social purpose and cultural influence. Behind Japan’s rise: The index, currently in its ninth year, ranked Japan behind Switzerland, which retained its top spot, and ahead of the U.S., which secured third place.
GlobeNewswire
Telecom Services Market Size Projected to Hit USD 2.81 Trillion by 2033, Growing at a 4.81% CAGR: The Brainy Insights
The rising deployment of cellular IoT modules in smart city infrastructure & building industrialization verticals is expected to propel the telecom services market growth over the forecast period.Newark, Sept. 13, 2024 (GLOBE NEWSWIRE) -- The telecom services market plays a vital role in enabling communication and data transfer globally. It encompasses various services like mobile voice, fixed internet access, pay-TV services, and emerging technologies like 5G and IoT. The market is driven by th
People
Harry Styles' Sister Gemma Says the Singer Is 'Of Course' the Best Uncle to Her Baby Daughter
The singer became an uncle in February when his sister Gemma welcomed her first baby with husband Michal Mlynowski
Reuters Videos
Business Lookahead: Fed, ready, steady, cut
STORY: From expected rate cuts in the U.S., to talks of a rate hike in Brazil, these are the stories to watch in business and finance in the coming week.:: Lookahead:: Time at lastThe Fed is due to conclude a two-day meeting on Wednesday with its first rate cut of this cycle.Eyes will be on how much and how fast easing comes.Odds have tipped in favor of a smaller 25 basis point cut after data showed consumer prices rose slightly in August. Core inflation was a bit stickier. :: Up, not downBrazil’s central bank meets Wednesday and is expected to diverge from the Fed by kicking off a tightening cycle. Inflation has been above target at 4.25% and Brazil is seeing stronger-than-expected growth.The hawkish stance has fueled bets on a forthcoming 25 basis point hike.:: Odd one outThe Bank of Japan is not expected to change rates at its policy meeting, which ends on Friday.With two hikes already this year, the focus will be on the tightening path ahead. BOJ policymakers have gone against the tide of global easing and have expressed their resolve to raise rates further, as long as markets and economic conditions behave. :: Unpredictable The Bank of England and Norges Bank are expected to keep rates unchanged when they meet on Thursday.The BoE is tipped to ease twice more by year-end and Norway could start easing by then.But any surprise from the Fed could potentially upend the global monetary policy outlook.
NextShark
Hawaii crowned the happiest state in America
Hawaii claimed the top spot in personal finance company WalletHub's annual "Happiest States in America" rankings, followed by Maryland, New Jersey, Utah and Delaware in the top five. WalletHub evaluated each state based on three key dimensions: 1) emotional and physical well-being, 2) work environment and 3) community and environment.
People
“Abbott Elementary”'s Sheryl Lee Ralph Couldn't Watch Janine and Gregory's Kiss: 'Like a Mother Looking' (Exclusive)
"I was just like, 'I can't watch it! I can't watch it!' I had to move away from the screen," Ralph joked at the PEOPLE x IHG Hotel and Resorts event on Thursday, Sept. 12
BBC
Government will not fund Casement rebuild for 2028
NI secretary says there is "a significant risk that it would not be built in time" for Euro 2028.
USA TODAY
As mortgage rates hit 18-month low, what will the Fed meeting mean for housing?
The Fed is expected to cut its benchmark interest rate Wednesday. Whether that turns out to benefit would-be homebuyers remains to be seen.
People
8-Year-Old Boy Last Seen at School Playground Is Found Dead in Nearby Pond: 'a Lot of Broken Hearts'
Authorities said Lionel Ramirez Cervantes disappeared around 11:10 a.m. local time on Thursday, Sept. 12, and was found about four hours later
People
McDonald’s Is Giving Out 50-Cent Double Cheeseburgers for National Cheeseburger Day – Plus More Deals
The fast food chain also announced that the $5 Meal Deal will also remain on the menu through December
People
Renesmee from “Twilight” Turns 18! Here's What the Actress Who Played Her Is Up to Now
In the book, Edward and Bella's daughter Renesmee was born on Sept. 11, 2006, making her 18 this year
BBC
'Fantastic' 80th anniversary at RAF Fairford
Displays and vintage vehicles entertain visitors to the base, originally opened ahead of D-Day.
NextShark
Ex-White House chef who cooked for 5 presidents reflects on her service, philosophy
Cristeta “Cris” Comerford, the first woman and person of color to serve as the White House executive chef, recently retired after nearly 30 years of cooking for five U.S. presidents. In a new interview with NPR’s Ari Shapiro, 61-year-old Filipino American reflected on her groundbreaking career, unique culinary contributions, and the special moments that stood out during her time in the White House kitchen. Obama’s love for Filipino-style skewers: One of the interview’s standout moments came in Comerford sharing how former President Barack Obama, who lived in Hawaii and was familiar with Filipino food, enjoyed her Filipino-style skewered pork.
Reuters
X unlikely to fall under landmark EU tech rules, source says
Elon Musk's X social media platform is unlikely to be subjected to landmark EU tech rules which aim to rein in the power of Big Tech because it does not meet the rules' gatekeeper criteria, a person with direct knowledge of the matter said on Friday. The European Commission in May opened an investigation into X after the company rebutted earlier indications that it may have to comply with the Digital Markets Act (DMA), which imposes a list of dos and don'ts on Big Tech. The commission, which had said it would wrap up its investigation within five months, declined to comment.
The Independent
Biden and Starmer unite against Putin nuclear threat
President Zelensky has added to the pressure on Starmer and Biden over whether to allow Ukraine to use storm shadow missiles on targets in Russia
Time
I'm an American Activist. Israeli Forces Shot Me
The Sept. 6 killing of Ayşenur Ezgi Eygi haunts me because a bullet tore through my leg at the same weekly demonstration a month earlier.

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Alibaba Spinning Off Its Cloud Business Could Be a Stroke of Genius. Here's Why.

Latest stories

Paris Games chief hails 12 million tickets sold for Olympics and Paralympics

Trump Readies New Crypto Launch, 'State Of Crypto Address'

SentinelOne Stock Sees Improving Relative Strength Performance

Boar's Head closing Virginia plant linked to deadly listeria outbreak

Japan named the 2nd best country in the world

Telecom Services Market Size Projected to Hit USD 2.81 Trillion by 2033, Growing at a 4.81% CAGR: The Brainy Insights

Harry Styles' Sister Gemma Says the Singer Is 'Of Course' the Best Uncle to Her Baby Daughter

Business Lookahead: Fed, ready, steady, cut

Hawaii crowned the happiest state in America

“Abbott Elementary”'s Sheryl Lee Ralph Couldn't Watch Janine and Gregory's Kiss: 'Like a Mother Looking' (Exclusive)

Government will not fund Casement rebuild for 2028

As mortgage rates hit 18-month low, what will the Fed meeting mean for housing?

8-Year-Old Boy Last Seen at School Playground Is Found Dead in Nearby Pond: 'a Lot of Broken Hearts'

McDonald’s Is Giving Out 50-Cent Double Cheeseburgers for National Cheeseburger Day – Plus More Deals

Renesmee from “Twilight” Turns 18! Here's What the Actress Who Played Her Is Up to Now

'Fantastic' 80th anniversary at RAF Fairford

Ex-White House chef who cooked for 5 presidents reflects on her service, philosophy

X unlikely to fall under landmark EU tech rules, source says

Biden and Starmer unite against Putin nuclear threat

I'm an American Activist. Israeli Forces Shot Me