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COVID 19 Articles
NBCUniversal, Hornbill Capital Back EloElo, Parent of Indian Microdrama Platform Story TV, in $80 Million Funding Round
NBCUniversal and Hornbill Capital co-lead an $80 million Series C funding round for EloElo Group, the parent company of Indian microdrama platform Story TV, bringing total funding to $130 million.
First 10 Australian songs inducted into the National Songbook after ‘very robust’ judging
Ten Australian songs, including Midnight Oil’s Beds Are Burning and Yothu Yindi’s Treaty, have been inducted into a newly launched National Songbook digital archive preserving culturally significant music.
Andy Burnham vows UK will hit net zero target despite Jackdaw gasfield approval
Prime Minister Andy Burnham pledged Britain will achieve net zero emissions by 2050 despite approving the Jackdaw gasfield, vowing to block future North Sea oil and gas licenses.
At Cop17, the pressure is on to rescue a deal that could end the destruction of nature
Officials and environmental leaders gathered in Armenia for Cop17 to negotiate a comprehensive agreement aimed at halting nature destruction, amid concerns that current 2030 targets remain significantly off schedule.
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GE Vernova Wins Contract to Modernise Dinorwig Hydropower Plant in Wales
GE Vernova secured a contract to modernize two pumped storage units at Wales’s Dinorwig hydropower plant, part of a broader refurbishment expected to extend the facility’s operational life by at least 25 years.
Apple launches US device leasing program with Klarna
Apple launched a device leasing program in the U.S. through Klarna, offering monthly payment plans for iPhones, Macs, iPads and Apple Watches with terms ranging from 12 to 36 months.
Secretary Bessent cracks down on non-profit tax loopholes
Treasury Secretary Bessent is backing nonprofit disclosure legislation as new tax deductions for charitable giving take effect, addressing concerns about accountability in a sector representing roughly 17% of the U.S. economy.
Major cannabis company closes 2 facilities, cuts 211 jobs
Parallel, operator of the Surterra Wellness dispensary chain, is permanently closing two Florida facilities and eliminating 211 jobs as the company navigates financial restructuring and industry challenges.
World’s most profitable airline now accepts crypto payments for flights
Emirates airline began accepting cryptocurrency payments for flights on July 28 through a partnership with Crypto.com Pay, initially available to eligible UAE residents booking in Emirati dirham.
National beer and wine distributor files Chapter 11 bankruptcy
Republic National Distributing Company, a 128-year-old beer and wine distributor, filed for Chapter 11 bankruptcy protection citing declining alcohol consumption and loss of major suppliers.
Meta’s stock drops on light revenue guidance, dwindling free cash flow
Meta shares declined over 6% after the company issued weaker-than-expected revenue guidance and reported a significant decline in free cash flow amid heavy artificial intelligence infrastructure spending.
Microsoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion
Microsoft’s stock rose 3% in extended trading after the company reported fiscal Q4 revenue growth of 18% year-over-year, with Azure cloud business revenue exceeding $100 billion for the first time in the fiscal year.
56-year-old fast-food giant has closed over half its restaurants
Long John Silver’s, a 56-year-old seafood fast-food chain, has closed over half its restaurants, dropping from a peak of 1,081 locations to approximately 494 as of the latest count.
Hims and Hers shares fall 10% as FTC sues company over data, billing practices
Hims and Hers shares declined 10% after the FTC sued the telehealth company over allegations of misleading consumers regarding data privacy, billing practices, and subscription cancellations.
Starbucks stock jumps as coffee giant raises full-year outlook
Starbucks raised its full-year earnings outlook after reporting fourth consecutive quarter of same-store sales growth, with shares jumping more than 9% in extended trading.
Chipotle hikes same-store sales forecast as diners return for burrito bowls
Chipotle raised its 2026 same-store sales forecast to low single-digit growth after beating analyst expectations, signaling success in winning back customers despite inflationary pressures.