American business magnate Warren Buffett’s company Berkshire Hathaway has bought a whopping 75 million shares of Apple in addition to the 165.3 million shares that it already owns. With Thursday’s closing price of $176.89 per Apple share, Berkshire owns Apple stocks worth $42.5 billion. This makes Berkshire the third largest Apple shareholder, behind Vanguard and BlackRock. […]
Month: May 2018
The US President Trump’s lawyer Rudolph W. Giuliani admitted to Trump’s reimbursement of $130000 to his personal lawyer Michael Cohen who paid porn actress Stormy Daniels to cover up her affair with Trump. Giuliani insisted that the settlement was made to protect Trump’s family. Giuliani’s description of his private conversation with Trump might result in […]
Actor Bill Cosby and director Roman Polanski were expelled from the Academy of Motion Picture Arts and Sciences, the organization which hosts the Oscar awards. The decision was made by the Board of Governors of the academy. Cosby’s conviction of aggravated indecent assault and numerous sexual assault allegations have cost his academy membership. Polanski was […]
The Nobel Prize for Literature will not be awarded this year due to resignations, financial malpractice and sexual misconduct allegations in connection to the Swedish academy that picks the Nobel Laureates. Few members of the academy resigned last month protesting the academy’s decision to retain Katarina Frostenson, an academy member married to Jean – Claude […]
The Kilauea volcano in the state of Hawaii, USA erupted on Thursday. Residents of the impacted area were evacuated. The eruption was preceded by several recent minor earthquakes and a 5.0 magnitude earthquake culminated in rockfalls and volcanic eruption. Warnings have been issued of lava inundation and additional earthquakes. Areas downwind are prone to ash […]
American Youth Organization, the Boy Scouts of America has announced the removal of the word ‘boy’ from its title in order to promote gender inclusiveness as a measure of attracting more members. The decision was criticized by the Girl Scout Organization which reported no ‘girl specific’ programming. The Girl Scout Organization has undertaken a series […]
Telecom giant Nokia is selling Withings, its digital health subsidiary which was acquired in 2016 back to its co-founder Eric Carreel. The digital health business wasn’t making revenue as expected and hence, Nokia plans to focus on becoming primarily a business – to – business and licensing company. Terms of the deal have not been […]
Singapore Airlines plans to operate its newest plane, the Airbus 350-900 ULR along the longest non-stop flight route departing from Singapore towards New York for a duration of about 20 hours. The flight’s interior is designed to enhance convenience and comfort during the long flight. Instead of using conventional aluminum construction techniques, the aircraft’s fuselage […]
13 people were killed and many were wounded when the North African country Libya’s Election Commission Headquarters was attacked by a suicide bomber and other gun wielding terrorists. Gunfire broke out between the assailants and the security guards followed by a pursuit but the fate of the assailants isn’t known. The attack comes two days […]
India is found to have the worst air pollution levels in the world, according to World Health Organization (WHO) data. Mumbai, the financial capital of India is the fourth most polluted megacity and Delhi, the capital of India is the sixth most polluted. The study considers information collected in the years 2010 to 2016. Outcomes […]