US judge tosses Illinois' ban on semiautomatic weapons, governor pledges swift appeal
A federal judge on Friday overturned Illinois’ ban on semiautomatic weapons, leaning on recent U.S. Supreme Court rulings that strictly interpret the Second Amendment right to keep and bear firearms. U.S. District Judge Stephen P. McGlynn issued the lengthy finding in a decree that he said applied universally, not just to the plaintiffs who brought […]
Why did the UK's first satellite end up thousands of miles from where it should have been?
BBC/Gerry Fletcher Artwork: The half-tonne Skynet-1A satellite was launched in November 1969 Someone moved the UK’s oldest satellite and there appears to be no record of exactly who, when or why. Launched in 1969, just a few months after humans first set foot on the Moon, Skynet-1A was put high above Africa’s east coast to […]
Tata Motors profit drops 10% to Rs3,450cr on weak demand
MUMBAI: Tata Motors recorded an about 10% decline in its Q2 FY25 profit to Rs 3,450 crore, which was much lower than the Street’s estimates of Rs 5,038 crore. Revenue also decreased by 3% to a little over Rs 1 lakh crore. Operating profit, a measure of underlying business performance, also dropped by about 20% […]
Dutch Bros CEO lays out the coffee chain's cross-country expansion plans
Dutch Bros. CEO Christine Barone described the coffee chain’s cross-country expansion plans in a Friday interview with CNBC’s Jim Cramer, saying it may be some time before the Oregon-based company opens stores in the Northeast region. “We’re really growing in a contiguous way, so that we’re growing across states that are next to each other,” […]
Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism
Tesla’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return for his support for President-elect Donald Trump in his poll campaign. The electric automaker’s shares rose more than 6% to a more than two-year high of $315.56, after […]
Bengals’ Ja’Marr Chase backs Zac Taylor’s decision to go for win against Ravens: ‘I agree with it 100%’
Cincinnati Bengals coach Zac Taylor faced a mix of praise and criticism after going for two points instead of a potential game-tying extra point late in the fourth quarter of Thursday night’s game against the Baltimore Ravens. Bengals quarterback Joe Burrow’s pass to Tanner Hudson fell incomplete and sealed a 35-34 win for the Ravens. […]
Tatas, Singapore government in talks to develop semiconductors
MUMBAI: The Singapore govt is in talks with the Tata Group for a partnership to develop semiconductors. Senior Singapore govt officials, led by minister for law and home affairs K Shanmugam, met group chairman N Chandrasekaran this week to discuss semiconductors.Despite its small size, Singapore has 25 foundries and a robust semiconductor value chain. India […]
MLB, Braves object to Diamond Sports reorganization plan, question company's future viability
A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images Major League Baseball and the Atlanta Braves have raised issues with the reorganization plan and future viability of Diamond Sports Group, the country’s largest owner of regional sports networks, according to a Friday bankruptcy court filing. […]