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DepEd working on COA report amid more calls for VP to explain

September 5, 2024

MANILA, Philippines — The Department of Education (DepEd), now under Secretary Juan Edgardo “Sonny” Angara, on Wednesday clarified that the report of the Commission on Audit (COA) on the agency was still subject for compliance and efforts are under way...

Harris unveils plan for 28% capital gains tax, softening Biden’s proposal for 40% rate

September 5, 2024

International: Top News And Analysis

Donald Trump and Kamala Harris are set for a Sept. 10 debate, where the economy and taxes could be a focal point.

Boracay, Cebu named among Asia’s best tourist destinations

September 5, 2024

MANILA, Philippines — The country’s tourism sector bagged several awards at the 31st World Travel Awards (WTA) held in Manila on Tuesday, including Asia’s leading dive destination for the sixth straight year. “The Philippines stands ready to host globa...

Enteng leaves 15 dead, 21 missing; over 500,000 people affected

September 5, 2024

MANILA, Philippines — The death toll due to Typhoon Enteng (international name: Yagi) has reached 15 while 21 individuals remain missing, the Office of the Civil Defense (OCD) said on Wednesday. Cesar Idio, OCD operations service director, told Preside...

US Open: Draper in semis, Swiatek plans to halt American surge

September 5, 2024

NEW YORK, United States — Britain’s Jack Draper reached his maiden Grand Slam semi-final at the US Open on Wednesday as Iga Swiatek prepared to stem an American championship surge. Draper, the world number 25, defeated 10th-ranked Alex de Minaur of Aus...

COA also flags DepEd’s PhilHealth, Pag-Ibig compliance

September 5, 2024

MANILA, Philippines — The Department of Education (DepEd) has yet to remit its mandatory contributions to the Philippine Health Insurance Corp. (PhilHealth) and Home Development Mutual Fund (Pag-Ibig) totaling P685.9 million last year to the detriment ...

U.S. safety regulator calls for probe of Temu, Shein over ‘deadly baby and toddler products’

September 5, 2024

International: Top News And Analysis

Temu and Shein have shot to popularity in the U.S. over the past year due to their ultracheap apparel, electronics and home goods.

U.S. targets Russia over 2024 election influence operation

September 5, 2024

International: Top News And Analysis

A group of Russians and entities in Russia were indicted in 2018 for interference in the 2016 election between Donald Trump and Hillary Clinton.

Nvidia says it didn’t receive antitrust subpoena from DOJ

September 5, 2024

International: Top News And Analysis

"We have inquired with the U.S. Department of Justice and have not been subpoenaed," an Nvidia representative said.

I reached financial freedom at the age of 38: Here are 4 money principles I live by

September 5, 2024

International: Top News And Analysis

Today, Shao Chun, 38, lives off of his seven-figure investment portfolio. Here are four money-related rules that he follows.

S&P 500 books back-to-back losses as Wall Street grapples with a rocky start to September: Live updates

September 5, 2024

International: Top News And Analysis

Investors are coming off a losing session, with the major benchmarks posting their worst day going back to the sell-off Aug. 5.

U.S. Steel shares plunge on report White House preparing to block Nippon Steel takeover

September 5, 2024

International: Top News And Analysis

Vice President Kamala Harris, the Democratic presidential nominee, said U.S. Steel "should remain American-owned and American-operated."

British luxury icon Burberry dropped from UK’s FTSE 100 stock market index

September 5, 2024

International: Top News And Analysis

British luxury fashion house Burberry Group dropped out of the U.K.'s FTSE 100 amid mounting pressure on the 168-year-old retailer.

SpaceX Pulls Employees From Brazil, Discourages Travel There, as Musk Battles Court Over X

September 5, 2024

The moves show how Musk’s legal dispute about X is affecting SpaceX and its Starlink satellite-internet service.

There are more turbulent market days ahead this third quarter, according to the charts

September 5, 2024

International: Top News And Analysis

Frank Cappelleri breaks down the charts on the Cboe Volatility Index and the S&P 500.

Summer box office bounced back thanks to ‘Inside Out 2,’ ‘Deadpool & Wolverine’

September 5, 2024

International: Top News And Analysis

The summer box office secured $3.6 billion in ticket sales, a 10% drop from the same period in 2023, but a better outcome than expected.

Job openings fell more than expected in July in another sign of labor market softening

September 5, 2024

International: Top News And Analysis

The closely watched Job Openings and Labor Turnover Survey showed that available positions fell to 7.67 million on the month.

Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting

September 5, 2024

International: Top News And Analysis

Bostic signaled that he is ready to start lowering rates even though inflation is still running above the Fed's target.

John Medina’s 30-point outing goes for naught as Gilas Boys fall to NZ in FIBA U18 Asia Cup

September 5, 2024

GMA News Online / Sports

John Medina went ballistic in the second half, but his torrid offense was not enough to salvage Gilas Pilipinas Boys in their 75-58 loss to New Zealand in the 2024 FIBA U18 Asia Cup.

Rice imports accelerate in August

September 5, 2024

Jasper Emmanuel Arcalas

Rice imports are starting to pick up steam, with arrivals reaching almost half a million metric tons nearly two months after the government reduced tariffs to 15 percent.

Philippines wins big in World Travel Awards

September 5, 2024

The Philippines won several awards in the Asia edition of the 2024 World Travel Awards, held for the first time in the country.

Lawmakers want Comelec budget restored

September 5, 2024

Congressmen want to restore the proposed P49.7-billion 2025 budget of the Commission on Elections, which the Department of Budget and Management slashed by P14.2 billion.

Sexually active people told to ‘go virtual’

September 5, 2024

As a precautionary measure against mpox, the Department of Health has advised sexually active people to practice virtual sex.

Marcos to PAGASA: Be dynamic in weather forecast

September 5, 2024

Amid criticisms over lack of enough warnings on Tropical Storm Enteng, President Marcos directed yesterday officials of the Philippine Atmospheric, Geophysical and Astronomical Services Administration to be more “dynamic” in making forecasts and issui...

Duterte tagged in slay of 3 Chinese drug lords

September 5, 2024

A 64-year-old warden of the Davao penal colony who is set to retire in November virtually tagged former president Rodrigo Duterte as the mastermind in the alleged killing of three convicted Chinese drug traffickers in August 2016.

Teaching personnel down by 30,000 in 2023 – COA

September 5, 2024

Elizabeth Marcelo

Public schools nationwide have lost more than 30,000 teachers and teaching-related personnel during the last full term of Vice President Sara Duterte as the secretary of the Department of Education last year, according to the latest report from the Com...

PAGCOR denies POGOs still operating

September 5, 2024

Cecille Suerte Felipe

The Philippine Amusement and Gaming Corp. denied Sen. Raffy Tulfo’s claim that President Marcos seems to have been deceived as Philippine offshore gaming operators are said to be still operating in the country despite the presidential directive.

Marcos on health: Do I look sick?

September 5, 2024

President Marcos assured Filipinos on Wednesday that he is in the pink of health as he laughed off rumors claiming he was hospitalized.?

UBS just downgraded critical chip firm ASML on expectations of a demand ‘normalization’

September 4, 2024

International: Top News And Analysis

ASML, the critical chip equipment supplier, is set to face softer demand from buyers of its products in the coming years, according to UBS analysts.

How Alice Guo was caught by Indonesian police in only 18 days

September 4, 2024

Does Indonesia want something in exchange? A prisoner swap, perhaps?

‘A declaration of bankruptcy’: Unions lash out as Volkswagen weighs possible German plant closures

September 4, 2024

International: Top News And Analysis

Management at German automotive giant Volkswagen is set to go toe-to-toe with workers on Wednesday as leaders are set to present details about possible cuts.

Sweden’s Volvo Cars scraps plan to sell only electric vehicles by 2030

September 4, 2024

International: Top News And Analysis

The announcement means Volvo Cars follows in the footsteps of other industry players in scaling back its EV ambitions.

UK Grenfell Tower fire inquiry blames avoidable deaths on incompetence and greed

September 4, 2024

The fire, Britain's deadliest blaze in a residential building since World War Two, ripped through the 23-story social housing block in one of London's richest areas during the early hours of June 14, 2017

Microsoft dodges in-depth UK probe into hiring of staff from AI firm Inflection

September 4, 2024

International: Top News And Analysis

Microsoft's hiring of employees from artificial intelligence firm Inflection was cleared by the U.K.'s competition regulator on Wednesday.

‘No extra motivation’: Lucero all business vs ex-team NorthPort as Magnolia pulls away late

September 4, 2024

Delfin Dioquino

Zavier Lucero produces a double-double in his first game against NorthPort as Magnolia finally wins back-to-back games in the PBA Governors' Cup

Philippine officials work on Alice Guo’s deportation after arrest in Indonesia | The wRap

September 4, 2024

Today's headlines: Alice Guo, Marcos & Duterte, Filipino paralympians

PVL: Bernadeth Pons named MVP after steering Creamline to Reinforced Conference throne

September 4, 2024

GMA News Online / Sports

It's a double celebration for Bernadeth Pons as she copped the coveted Most Valuable Player (MVP) plum after leading Creamline to the title in the 2024 PVL Reinforced Conference.

Ex-Davao prison chief: Duterte cop threatened me not to intervene in drug lord killing

September 4, 2024

Corrections official Gerardo Padilla is referring to the 2016 killing of three Chinese drug lords in Davao, a case that has numerous resource persons in the congressional probe implicating Rodrigo Duterte