akmalazhar52901@gmail.com New York CNN — Roughly two dozen more Red Lobster locations are scheduled to close within the coming days as part of the seafood restaurant chain’s ongoing bankruptcy proceedings. A recent court filing shows that the company is rejecting the leases of an additional 23 locations by Saturday, August 31, joining the more than 100 … Read more
Oil prices spiked dramatically on Monday morning, with Brent breaking above $81 and WTI rising toward $77. While hopes of an interest rate cut had already boosted bullish sentiment in markets, it is geopolitics and supply risks that sent prices soaring on Monday morning. A combination of Israel launching strikes against Hezbollah in Lebanon, Russia … Read more
The ride-hailing app Uber has been hit with a €290m (£246m; $324m) fine for transferring the personal data of European drivers to US servers in violation of EU rules, the Dutch data protection regulator said on Monday. The Dutch Data Protection Authority (DPA) said the transfers were a “serious violation” of the EU’s General Data … Read more
Recent crypto breaches hit Polygon, Avalanche, and ZkSync Discord servers, causing financial losses. Token values declined, emphasizing the need for user vigilance despite security measures. The past weekend delivered a significant blow to the crypto community, as major networks faced a series of coordinated attacks. Within just 48 hours of a breach in Polygon’s [MATIC] … Read more
DOT/USDT pair breaks and rejects off $5 resistance. Rising open interest and volume increase, signals bullish sentiment. Polkadot [DOT] broke above the $5.0 price level but faced immediate rejection. This price action on the 4-hour time frame highlights DOT’s struggle at this critical resistance point. The $2.5 – $4 range is a psychological level serving as … Read more
BEIJING, Aug 26 (Reuters) – As China seeks to race ahead in humanoid robot development, its supply chains showcased cheaper and innovative parts at the world robot conference in Beijing, but some executives warn the industry has yet to improve product reliability. Wisson Technology (Shenzhen), known for its flexible robotic manipulators, doesn’t depend on motors … Read more
XRP has a positive outlook based on the network value metrics. A short-term drop was possible due to the magnetic zones just below the market price. Ripple [XRP] was trading above the mid-range resistance zone and presented a good chance of a rally toward $0.7, the range high. The short-term sentiment was strongly bullish as … Read more
Chainlink breaks out with strong momentum. Historical correlation and incoming altseason to spur LINK’s bull run. Chainlink [LINK] has recently broken through a crucial resistance level at $10.6 on the 4-hour timeframe, achieving an impressive 18.58% return on investment. This breakout was marked by strong momentum, with no immediate retest, signaling potential strength in the … Read more
This photo taken from a position in northern Israel shows a Hezbollah UAV intercepted by Israeli air forces over north Israel on August 25, 2024. The Israeli military announced early August 25, 2024 that it was conducting pre-emptive strikes in Lebanon after detecting preparations for “large-scale” attacks by the Iran-backed militant group Hezbollah. Hezbollah said … Read more
The United Automotive Workers (UAW) union has threatened to escalate labor efforts into an organized strike against Stellantis, claiming that the multinational company has failed to keep to promises of re-opening an Illinois factory. Now, one UAW official has said the Stellantis CEO “needs to go,” following his recent visit to Detroit, Michigan. Last week, … Read more