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Monthly Archives: October 2022

SpaceX launches Starlink aviation product for satellite internet to private jets

One of the company’s flat aviation-specific Starlink antennas is seen on top of an aircraft. SpaceX SpaceX rolled out aviation-specific Starlink satellite internet service on Tuesday, with Elon Musk’s company looking to expand further into the inflight WiFi market. The company is charging $150,000 for the hardware needed to connect …

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How to reduce the impact of higher consumer prices due to inflation

Cavan Images | Cavan | Getty Images Inflation is causing American households to spend $445 more per month buying the same items they did a year ago, according to an estimate from Moody’s Analytics. Consumer prices jumped by 8.2% in September versus the same month in 2021, the U.S. Bureau …

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Apple chipmaker TSMC considers expansion in Japan amid China tension: report

Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park. Shares of the world’s largest chip maker Taiwan Semiconductor Manufacturing Company rose as much as 5% on Wednesday morning in Asia after Morgan Stanley recommended the stock. Annabelle Chih | Getty Images News | Getty Images Computer chip manufacturer Taiwan Semiconductor …

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Embattled UK PM Liz Truss says she’s a ‘fighter not a quitter’

British Prime Minister Liz Truss departs 10 Downing Street for the weekly Prime Minister’s Questions (PMQs) in the House of Commons in London, United Kingdom on October 19, 2022. Anadolu Agency | Anadolu Agency | Getty Images LONDON — British Prime Minister Liz Truss insisted Wednesday she was a “fighter …

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Putin introduces martial law in illegally annexed Ukrainian regions

President Vladimir Putin on Wednesday introduced martial law in the four regions of Ukraine that Russia illegally annexed last month. Martial law will be introduced in Donetsk, Luhansk, Kherson and Zaporizhzhia — the four regions in Ukraine that Moscow claimed as Russian territory following sham referendums in September that Ukraine …

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Amazon founder Jeff Bezos warns it’s time to ‘batten down the hatches’

Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis | Reuters Amazon founder Jeff Bezos has become the latest corporate leader to warn about the state of the economy, cautioning that rougher times are likely ahead. In a …

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Here are the new income tax brackets for 2023

Andersen Ross | Blend Images | Getty Images Amid soaring inflation, the IRS on Tuesday announced higher federal income tax brackets and standard deductions for 2023. The agency has boosted the income thresholds for each bracket, applying to tax year 2023 for returns filed in 2024. These brackets show how …

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Procter & Gamble, Travelers, Nasdaq and more

Check out the companies making headlines before the bell: Procter & Gamble (PG) – The consumer products giant’s quarterly earnings of $1.57 per share beat estimates by 3 cents with revenue also topping Wall Street forecasts. Results were helped by a 7% boost in organic sales, although P&G cut its …

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UK inflation rate rises to 10.1% as food and energy prices continue surge

The Office for National Statistics announced inflation figures Wednesday as the U.K. undergoes a historic cost-of-living crisis and political turmoil. Westend61 / Getty Images LONDON — The consumer price index rose 10.1% in September, according to estimates published Wednesday by the Office for National Statistics, just exceeding a consensus forecast …

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Hong Kong leader on new property measures, attracting foreign talent

John Lee, Hong Kong’s chief executive, arrives to deliver his policy address at the Legislative Council in Hong Kong on Oct. 19, 2022. Paul Yeung | Bloomberg | Getty Images Hong Kong Chief Executive John Lee on Wednesday announced plans to attract talent and investment to the city. In his …

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