Shell reports profits of nearly $40 billion and announces $4 billion in buybacks

Shell reports profits of nearly  billion and announces  billion in buybacks

Hong Kong/London CNN — Shell made a record profits of nearly $40 billion by 2022, more than double what it brought in last year after oil and gas prices soared following the Russian invasion of Ukraine. Europe’s largest oil company by revenue reported an adjusted full-year profit of $39.9 billion on Thursday – more than … Read more

Australia removes the British monarchy from its banknotes

Australia removes the British monarchy from its banknotes

CANBERRA, Australia (AP) — Australia is removing the British monarchy from its banknotes. The country’s central bank said on Thursday that the new $5 bill would feature an indigenous design instead of an image of King Charles III. But the king is still expected to appear on coins. The $5 note was Australia’s only surviving … Read more

Australia removes the British monarchy from its banknotes

Australia removes the British monarchy from its banknotes

CANBERRA, Australia (AP) — Australia is removing the British monarchy from its banknotes. The country’s central bank said on Thursday that the new $5 bill would feature an indigenous design instead of an image of King Charles III. But the king is still expected to appear on coins. The $5 note was Australia’s only surviving … Read more

Opinion: Zuckerberg and Intel send the proceeds of their layoffs directly to Wall Street

Opinion: Zuckerberg and Intel send the proceeds of their layoffs directly to Wall Street

For years, Wall Street grumbled at Silicon Valley’s refusal to pay dividends and buy back stocks as technology companies grew into money-generating machines. That is no longer a problem, even if those tech companies make less profit than in previous years. In fact, some tech companies are effectively paying off Wall Street even as they … Read more

Bitcoin Price Rise With Other Risk Assets. Thanks the Fed.

Bitcoin Price Rise With Other Risk Assets.  Thanks the Fed.

font size Bitcoin has rallied higher to start the year, but there is reason to believe that the gains could be unsustainable. Dream time Bitcoin and other cryptocurrencies rose along with other risky assets on Wednesday after the Federal Reserve hiked interest rates by a quarter point. It’s another rate hike, but a marked slowdown … Read more

Biden Proposes Junk Fee Bill To Cut Hidden Fees For Credit Cards And Concert Tickets

Biden Proposes Junk Fee Bill To Cut Hidden Fees For Credit Cards And Concert Tickets

CNN — President Joe Biden announced new advancements on his administration’s “competitive agenda” on Wednesday, specifically targeting unwanted fees while calling on Congress to pass legislation targeting hidden fees across multiple industries. These costs could “pull hundreds of dollars a year out of the pockets of hard-working American families, especially people who are already struggling … Read more

Job openings unexpectedly jump to 11 million in December

Job openings unexpectedly jump to 11 million in December

Minneapolis CNN — Despite the looming recession and the cacophony of mass layoff announcements, American companies still need workers — 11.01 million of them. The number of available jobs rose unexpectedly in December, following a revised 10.44 million job openings in November and exceeding economists’ expectations of 10.25 million, according to Bureau of Labor Statistics … Read more

Russia is preparing for ‘maximum escalation’ in the war, Ukraine says

Russia is preparing for ‘maximum escalation’ in the war, Ukraine says

CNN — Russia is gearing up for a “maximum escalation” of the war in Ukraine, possibly as early as the next few weeks, a top Ukrainian national security official said. “These will be defining months in the war,” Oleksiy Danilov, secretary of Ukraine’s National Security and Defense Council, told Sky News in an interview broadcast … Read more

Megyn Kelly Rips TJ Holmes, Amy Robach Over ‘GMA3’ Affair

Megyn Kelly Rips TJ Holmes, Amy Robach Over ‘GMA3’ Affair

Megyn Kelly said ousted “Good Morning America” ​​anchors TJ Holmes and Amy Robach made a “massive PR mistake” in response to the public revelation of the affair that led to their departure from ABC. Kelly slammed the pair after photos emerged of Robach jumping into Holmes’s arms in a PDA-filled embrace in Los Angeles just … Read more

Andrew Tate awaits ruling on appeal against detention in Romania

Andrew Tate awaits ruling on appeal against detention in Romania

BUCHAREST, Romania (AP) – Andrew Tate, the divisive influencer and former professional kickboxer detained in Romania on charges of organized crime and human trafficking, appeared before a court in Bucharest on Wednesday to appeal against a second extension of his term in office with 30 days. Detention. Tate, 36, a British-American citizen who has nearly … Read more