Inside Apple’s Spectacular Failure to Build a Key Part for Its New iPhones
September 21, 2023
The company set out to design a silicon chip that would allow it to cut ties with Qualcomm, a longtime supplier and bitter foe.
Judge denies Hunter Biden video court hearing on gun charges
September 20, 2023
DOJ special counsel David Weiss opposed a video court hearing for Hunter Biden, the son of President Joe Biden, in the case charging him with gun crimes.
Amazon gives Alexa an AI facelift as it launches new smart speakers
September 20, 2023
Amazon introduced new hardware and software with generative artificial intelligence features on Wednesday.
Fed declines to hike, but points to rates staying higher for longer
September 20, 2023
The Federal Reserve on Wednesday released its decision on interest rates and updates on the economy.
Netanyahu says Israel and Saudi Arabia ‘can forge a historic peace’ with Biden’s help
September 20, 2023
Biden met with Netanyahu on the sidelines of the U.N. summit and agreed to work toward establishing diplomatic relations between Saudi Arabia and Israel.
Business travel spending is recovering quicker than expected. These are the stocks to buy right now
September 20, 2023
Global business travel spending will surpass pre-Covid levels in 2024, two years earlier than originally forecast, per the Global Business Travel Association.
Deep-sea mining could help solve the global critical minerals shortage, but it’s a lightning rod for controversy
September 20, 2023
There are billions of tons of critical minerals on the ocean floor, but whether they should be mined has become a global controversy.
China’s macro backdrop has investors worried. Here are some stocks that could be safe from any weakness
September 20, 2023
A lackluster economic backdrop in China shouldn't keep Wall Street from buying opportunities in the world's second-largest economy, some investors say.
ITCZ to bring scattered rain over parts of Visayas, Mindanao
September 20, 2023
The Intertropical Convergence Zone (ITCZ) will bring cloudy skies and scattered rain showers and thunderstorms over parts of Visayas and Mindanao on Thursday, PAGASA reported.
Stocks slide as Fed signals it’s not done hiking rates, Nasdaq falls 1.5%: Live updates
September 20, 2023
The central bank held rates steady, but suggested another rate increase could be coming.
Klaviyo rises 9% in muted NYSE debut after software vendor priced IPO at $30 a share
September 20, 2023
Software developer Klaviyo debuted on the New York Stock Exchange on Wednesday, a day after Instacart started trading on the Nasdaq
PH Blu Girls in Indonesia for final Asian Games preparations
September 20, 2023
By KRISTEL SATUMBAGA The Philippine Blu Girls left for Indonesia for their final phase of preparations for the 19th Asian Games in Hangzhou, China. The Blu Girls are competing at the Makassar Open International Women’s Softball Tournament organized by ...
Adidas CEO says Kanye West didn’t mean antisemitic remarks, isn’t a bad person
September 20, 2023
Adidas CEO Bjorn Gulden said Kanye West didn't mean it when he made antisemitic remarks that led to the end of his Yeezy collaboration with the company.
Kaya, FEU secure top two spots in PFFWL
September 20, 2023
Kaya FC-Iloilo and Far Eastern University scored lopsided wins to finish 1-2 at the close of the elimination phase of the PFF Women’s League 2023 presented by Coca-Cola Philippines at the PFF National Training Center in Carmona, Cavite. Powered by nati...
Amazon Makes Alexa Chattier and More Capable Using Generative AI
September 20, 2023
The new smarts and conversational tone are meant to improve interactions with the bot and its home-entertainment and smart-home controls.
Amateur boxer in Davao slips into a coma after first bout
September 20, 2023
An amateur boxer in Davao del Sur was hospitalized after he slipped into a coma a few hours after engaging in his first bout and lost, Joseph Morong reported on "Saksi" Wednesday.
37-year-old quit Amazon and started 20 companies before coming up with Instacart—now he’s worth $1.1 billion
September 20, 2023
Apoorva Mehta is a billionaire, thanks to Instacart's IPO. But, before the grocery delivery startup took off, he tried and failed with 20 other businesses.
August BOP widens to $57M on debt payments
September 20, 2023
THE country continued to post a Balance of Payments (BOP) deficit for the fifth consecutive month in August 2023, according to the Bangko Sentral ng Pilipinas (BSP).
The post August BOP widens to $57M on debt payments first appeared on BusinessMirror.
The post August BOP widens to $57M on debt payments first appeared on BusinessMirror.
IT-BPM jobs on track to reach 1.7M by yearend
September 20, 2023
THE IT-BPM industry is on track to reach 1.7 million full-time employees (FTEs) by the end of 2023, despite the industry having “more demanding” job requirements for job seekers and graduates, IT and Business Process Association of the Philippines (IBP...
ADB lowers growth forecast on inflation hike
September 20, 2023
THE recent spike in inflation prompted the Asian Development Bank (ADB) to revise its growth forecast for the Philippines this year.
The post ADB lowers growth forecast on inflation hike first appeared on BusinessMirror.
The post ADB lowers growth forecast on inflation hike first appeared on BusinessMirror.
DOJ forming task force for ‘Socorro cult’ investigation
September 20, 2023
THE Department of justice (DOJ) is set to form a task force to handle the investigation into the illegal activities of the so-called “Socorro cult” in order to protect the welfare of its minor victims.
The post DOJ forming task force for ‘Socorro cult’...
The post DOJ forming task force for ‘Socorro cult’...
More European tourists seen with EU-PHL free trade pact
September 20, 2023
THE Europeans are coming! This was the assurance made by Romania’s Ambassador to the Philippines Raduta Dana Matache on Wednesday at a European Chamber of Commerce of the Philippines (ECCP) luncheon where tourism prospects in the Philippines were discu...
France affirms support for AFP’s ongoing modernization program
September 20, 2023
FRANCE has renewed its commitment to help in the ongoing Armed Forces of the Philippines Modernization Program (AFPMP), the Department of National Defense (DND) announced Wednesday.
The post France affirms support for AFP’s ongoing modernization progra...
The post France affirms support for AFP’s ongoing modernization progra...
Panel okays bill amending agri smuggling law
September 20, 2023
The House Committee on Agriculture and Food on Wednesday approved an unnumbered substitute bill declaring large-scale agri-fishery commodities and tobacco smuggling, profiteering, cartelizing, and other acts of market abuse as economic sabotage.
The po...
The po...
‘Supply woes prevent PHL from hiking fruit exports to China’
September 20, 2023
Manila and local producers should address “supply side issues” and “capacity constraints” to enable exporters of durian and calamansi juice to increase their market share in China, according to Department of Trade and Industry (DTI) officials.
The post...
The post...
‘Multiple shocks keep pushing world further away from SDGs’
September 20, 2023
Halfway into the implementation of the 2030 Agenda for Sustainable Development, a lot of the progress made towards its food and agriculture-related targets has stagnated or reversed, according to a new report by the Food and Agriculture Organization of...
Big emissions bills are coming for ships sailing in Europe
September 20, 2023
Ships carrying everything from consumer goods to food and fuel in and out of the European Union will soon face hefty emissions bills.
The post Big emissions bills are coming for ships sailing in Europe first appeared on BusinessMirror.
The post Big emissions bills are coming for ships sailing in Europe first appeared on BusinessMirror.
UK PM Rishi Sunak announces shift on climate policies, waters down targets
September 20, 2023
U.K. Prime Minister Rishi Sunak on Wednesday rowed back a delay in the ban on the sale of new gasoline and diesel cars.
FTC Names Three Amazon Executives in Suit Over Prime
September 20, 2023
The Federal Trade Commission disclosed new details in its lawsuit against Amazon.com involving an alleged scheme to enroll customers unwittingly in the company’s Prime program.
Zelenskyy calls for Russia to lose its UN veto power; Moscow’s losses rise in south
September 20, 2023
Ukrainian President Volodymyr Zelenskyy addressed the U.N. Security Council on Wednesday.
Zambia find shows humans have built with wood for 476,000 years
September 20, 2023
Along the banks of the Kalambo River in Zambia near Africa's second-highest waterfall, archaeologists have excavated two logs of the large-fruited bushwillow tree that were notched, shaped and joined nearly half a million years ago.
Sandigan affirms dismissal of forfeiture case vs FM, Imelda
September 20, 2023
The Sandiganbayan has upheld its earlier decision dismissing another forfeiture case filed by the Presidential Commission on Good Government (PCGG) against the late dictator Ferdinand Marcos, his widow Imelda and their cronies.
France renews offer to help build submarine for AFP
September 20, 2023
Acknowledging the need to modernize the military amid rising challenges in the Indo-Pacific Region, France is renewing its offer to help build a submarine for the Armed Forces of the Philippines.
85.95% of LGUs complete climate change plans
September 20, 2023
Almost 90 percent of local government units have completed their Local Climate Change Action Plan, which aims to increase climate and disaster risk resilience of communities, according to the Climate Change Commission.
5 PCG officers shortlisted to replace Abu
September 20, 2023
Five graduates of the Philippine Military Academy have been nominated to become the next commandant of the Philippine Coast Guard.
‘More funds needed for NFA’s stockpile’
September 20, 2023
Now that the National Food Authority palay-buying price has been raised, the agency should be provided a bigger procurement fund for its stockpiling program, according to farmer groups.
COA junks money claim of Discovery Shores vs DOT
September 20, 2023
The Commission on Audit has advised a five-star luxury resort in Boracay to directly recover from former tourism secretary Wanda Tulfo-Teo, former undersecretary Katherine De Castro and three other former officials of the Department of Tourism (DOT) t...
ASEAN chief thanks Philippines for accepting 2026 chairmanship
September 20, 2023
Association of Southeast Asian Nations Secretary-General Kao Kim Hourn has expressed his gratitude to the Philippines for accepting the ASEAN chairmanship in 2026, a yearbefore actual duty in 2027 by regular rotation.