Jonathan Wong
The Latest
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FTC Takes Legal Action to Prevent Kroger-Albertsons Merger Amid Rising Grocery Prices
The Federal Trade Commission (FTC) has initiated a legal battle to halt the proposed $24.6 billion merger between two of America's leading supermarket chains, Kroger and Albertsons, citing concerns over potential negative impacts on consumers and employees. 
The Federal Trade Commission (FTC) has initiated a legal battle to halt the proposed $24.6 billion merger between two of America's leading supermarket chains, Kroger and Albertsons, citing concerns over potential negative impacts on consumers and employees. -
Experts Warn Social Security Beneficiaries Could Face Tax Hikes Amid Record COLAs
While the record-high 8.7% Social Security cost-of-living adjustment (COLA) in 2023 provided much-needed relief from inflation, it may have an unintended consequence: significantly higher tax bills for many retirees this year. 
While the record-high 8.7% Social Security cost-of-living adjustment (COLA) in 2023 provided much-needed relief from inflation, it may have an unintended consequence: significantly higher tax bills for many retirees this year. -
Eavesdropping to Insider Trading: How a Houston Man Gained $1.76 Million Illegally
As a former mergers and acquisitions manager for BP, Loudon's wife was involved in the potential acquisition of TravelCenters of America, a key piece of information that Loudon exploited to amass a fortune of $1.76 million in illegal profits. 
As a former mergers and acquisitions manager for BP, Loudon's wife was involved in the potential acquisition of TravelCenters of America, a key piece of information that Loudon exploited to amass a fortune of $1.76 million in illegal profits. -
Summer Airfares to Soar as Ryanair Faces Aircraft Shortage
As the aviation industry gears up for the summer travel rush, Ryanair's CEO, Michael O'Leary, has sounded the alarm on increasing airfares due to a shortfall in aircraft deliveries from Boeing. 
As the aviation industry gears up for the summer travel rush, Ryanair's CEO, Michael O'Leary, has sounded the alarm on increasing airfares due to a shortfall in aircraft deliveries from Boeing. -
Berkshire Hathaway's Earnings Soar with Insurance Gains and Record Cash Reserves
Warren Buffett's Berkshire Hathaway has once again demonstrated its financial prowess, posting a significant rise in its operating earnings for the fourth quarter and achieving a record cash reserve. 
Warren Buffett's Berkshire Hathaway has once again demonstrated its financial prowess, posting a significant rise in its operating earnings for the fourth quarter and achieving a record cash reserve. -
Nvidia's Rapid Ascent in AI Era Catapults Market Value to $2 Trillion
Nvidia Corporation, the Silicon Valley chip designer that has become synonymous with the generative artificial intelligence (AI) revolution, momentarily attained a $2 trillion market valuation on Friday, setting a new milestone in its meteoric rise. 
Nvidia Corporation, the Silicon Valley chip designer that has become synonymous with the generative artificial intelligence (AI) revolution, momentarily attained a $2 trillion market valuation on Friday, setting a new milestone in its meteoric rise. -
Stock Soars as Intuitive Machines Achieves Lunar Milestone
Intuitive Machines, a Texas-based aerospace company, has achieved a significant milestone in space exploration, becoming the first private firm to successfully land a spacecraft on the moon. This landmark event has not only propelled the company into the limelight but also sent its stock soaring by 40% in early trading, pushing its market valuation towards the $1 billion mark. 
Intuitive Machines, a Texas-based aerospace company, has achieved a significant milestone in space exploration, becoming the first private firm to successfully land a spacecraft on the moon. This landmark event has not only propelled the company into the limelight but also sent its stock soaring by 40% in early trading, pushing its market valuation towards the $1 billion mark. -
Vice Media Halts Website Publishing, Announces Major Layoffs
The digital media landscape is witnessing a significant transformation as Vice Media, once a paragon of digital journalism's potential, announced a drastic shift in its operational model, laying off hundreds of its employees and ceasing content publication on its flagship site, Vice.com. 
The digital media landscape is witnessing a significant transformation as Vice Media, once a paragon of digital journalism's potential, announced a drastic shift in its operational model, laying off hundreds of its employees and ceasing content publication on its flagship site, Vice.com. -
Reddit Agrees to $60M Deal with Google for AI Model Training, Announces IPO Plans
Reddit has entered into a significant partnership with Google, granting the tech behemoth access to its vast repository of user-generated content. The deal, valued at approximately $60 million, will enable Google to refine its AI models using data from Reddit's diverse discussions, enhancing its products, notably its search capabilities. 
Reddit has entered into a significant partnership with Google, granting the tech behemoth access to its vast repository of user-generated content. The deal, valued at approximately $60 million, will enable Google to refine its AI models using data from Reddit's diverse discussions, enhancing its products, notably its search capabilities. -
Nationwide AT&T Outage Disrupts Communication Across the U.S.
AT&T customers across the United States experienced a significant disruption in service on Thursday morning, affecting their ability to make calls, send texts, and access the internet. 
AT&T customers across the United States experienced a significant disruption in service on Thursday morning, affecting their ability to make calls, send texts, and access the internet.
