Tag: technology

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Thames Water Rescued From Nationalization

Thames Water, UK's largest water company, secures £3bn emergency loan to avoid government takeover. The loan prevents nationalization and ensures continued water supply for 16 million customers.

Americans Now Struggling with Debt Year-Round as Credit Costs Rise

Rising debt levels, especially in car loans and credit cards, are causing financial stress for many Americans year-round, not just during the holiday season. Serious delinquency rates are at 14-year highs, and credit counselors are seeing more people struggling with unaffordable car payments and relying on credit cards for basic living expenses. Experts warn that the strain could get worse due to high credit card interest rates and uncertainty over future inflation. It's crucial to seek help from nonprofit credit counselors early on to avoid more severe financial difficulties.

Netflix and Amazon Dominate Live Sports Scene for One Smart Reason

Netflix and Amazon are investing heavily in live sports and events to prevent subscriber churn and gain an edge over traditional TV providers. Sports content has a built-in fan base and a high success rate compared to scripted programming.

Elon Musk's xAI Unloads Grok-3 Chatbot Model to Rival OpenAI

Elon Musk's xAI debuts Grok-3, challenging OpenAI's dominance in chatbot technology with enhanced AI capabilities, a new search engine, and a mobile app.

Oil Edges Higher as OPEC+ Weighs Delay, Ukraine Strike Disrupts Kazakhstan Flows

Oil up as OPEC+ mulls supply hike delay, drone attack hits Kazakhstan exports

82 Applicants for CEO Position at Norway's Sovereign Wealth Fund

82 applications including current CEO Nicolai Tangen received for Norway's sovereign wealth fund CEO position.

Trump's Second Term: Potential Impacts on Stocks in Various Sectors

Listen to Yahoo Finance's Stocks in Translation podcast to hear experts discuss the potential impact of President Trump's second term on various sectors, including tech, energy, and insurance.

Greek Shipyards Surge Back to Life

Greece's Skaramangas Shipyard rebounds from crisis, sees increased business in ship repairs.

Chinese Private Terminals Circumvent US Sanctions to Take Oil from Russia, Iran

Private terminals in China receive oil from sanctioned US tankers, finding ways to circumvent reluctance from larger port operators, suggesting discounted crude continues to flow to the country's largest buyers of Iranian and Russian crude.

Gold Flows From Singapore to US Hit Three-Year High Amid Market Disruptions

Gold shipments from Singapore to the US surged to a near three-year high in January due to pricing disparities in key markets.