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Monthly Archives: February 2023

As the Ukraine war reaches its first anniversary, how will it end?

Emergency service workers extinguish a fire after shelling on the Bakhmut frontline in Ivanivske, Ukraine as Russia-Ukraine war continues on January 02, 2023. Anadolu Agency | Anadolu Agency | Getty Images When Russia invaded Ukraine a year ago, it shocked the world. Although, in hindsight, it probably shouldn’t have — …

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China’s online shoppers started the year cautiously, Alibaba says

Mascots for Alibaba’s various platforms are displayed at a shopping mall in Hangzhou, China, on Feb. 20, 2023. Qilai Shen | Bloomberg | Getty Images BEIJING — For Chinese e-commerce giant Alibaba, the consumption rebound has yet to arrive in full. The company operates two of the largest online shopping …

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Ukraine prepares for the biggest reconstruction since World War II

People help to clean up debris at a bus station damaged after a shelling, amid Russia’s attack on Ukraine, in Kherson, Ukraine February 21, 2023. Lisi Niesner | Reuters One year since the start of Russia’s full-scale invasion, Ukraine’s economy and infrastructure are in tatters, with the government and its …

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Adobe stock slips on report saying DOJ plans suit to block Figma deal

Adobe CEO Shantanu Narayen Mark Neuling | CNBC Adobe shares fell as much as 5% in extended trading following a report that said the U.S. Justice Department is planning a lawsuit to block the company’s $20 billion acquisition of startup Figma. A case could come as soon as next month, …

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Nvidia’s A100 is the $10,000 chip powering the race for A.I.

Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan | AFP | Getty Images Software that can write passages of text or draw pictures that look like a human created them has kicked off a …

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Boeing temporarily halts delivery of 787 Dreamliners

The exterior of a 787 Dreamliner at the Boeing manufacturing facility in North Charleston, on December 13, 2022.  Logan Cyrus | AFP | Getty Images Boeing has temporarily halted deliveries of its 787 Dreamliners so it can do additional analysis on a fuselage component, the Federal Aviation Administration said in a …

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Some Treasury bills are now paying 5%. What investors need to know

MStudioImages | E+ | Getty Images If you’re looking for a relatively safe place for cash, Treasury bills have recently become more attractive, experts say. Backed by the U.S. government, Treasury bills, or T-bills, have terms ranging from four weeks up to 52 weeks, and investors receive interest when the …

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CNBC’s Andrew Ross Sorkin asks this question to be more successful

Andrew Ross Sorkin wears many hats — though he’s perhaps most recognizable for his role as co-anchor on CNBC’S “Squawk Box,” Sorkin is also an editor, columnist, producer, author and entrepreneur. The 46-year-old journalist and New York native got his start as an intern at Inside Edition before interning at …

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Singapore ride-hailing firm Grab beats on revenue, pulls forward profitability timeline

The headquarters of Grab Holdings Ltd., in Singapore. Grab Holdings Ltd., reported its latest earnings on Feb. 23, 2023. Bryan van der Beek | Bloomberg | Getty Images Singapore-based ride-hailing and food delivery giant Grab on Thursday posted strong revenue growth and narrowed losses in its latest earnings report. The …

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Democrats urge EPA to tighten gas flaring restrictions to curb methane

A gas flare outside Williston, North Dakota. Andrew Burton | Getty Images Congressional Democrats this week urged the Environmental Projection Agency to strengthen its proposal to regulate planet-warming methane gas emissions from the country’s oil and gas sector. The letter, led by Sen. Martin Heinrich, N.M. and Rep. Diana DeGette, Colo., and …

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