In this article PYPL Shares of PayPal were down more than 25% on Wednesday, a day after the company provided weak guidance that it blamed in part on inflation. PayPal reported mixed results for the fourth quarter. Earnings per share of $1.11, ex-items, missed the $1.12 expected. It beat on revenue estimates, though, reporting $6.92 billion
The energy regulator will reveal this morning the extent of the additional financial pain households face through its revision to the price cap. Ofgem is expected to confirm a rise from 1 April of up to 50% – about £700 – taking a typical annual bill for gas and electricity up towards the £2000 mark.
Italian actress Monica Vitti has died at the age of 90 after reportedly suffering from dementia. Born Maria Luisa Ceciarelli in Rome in 1931, she made two English-language films, including a spy spoof, Modesty Blaise, with Terence Stamp and Dirk Bogarde in 1966. Before turning to comedies in the 1970s, Vitti starred in a series
President Joe Biden has approved the deployment of thousands more US troops to Poland and Germany in the coming days amid fears Russia will invade Ukraine, an administration official says. Some 2,000 troops will be sent to Poland and Germany, while the US will also reposition part of a 1,000-strong infantry squadron currently in Germany
Rain Neuromorphics, a startup designing chips that mimic the way the brain works and aims to serve companies using artificial intelligence (AI) algorithms, said on Wednesday it raised $25 million (roughly Rs. 187 crore). Gordon Wilson, CEO and co-founder of Rain, said that while most AI chips on the market today are digital, his company’s
The Olivier Awards, which celebrate the best in UK theatre, are set to return in April, after a pandemic-enforced two-year hiatus. The event, which will be held on 10 April at the Royal Albert Hall, will crown the best shows, actors, actresses and technical and creative teams in British theatre. However this year organisers are
Millions of households will discover on Thursday how much their energy bills will rise this spring after the regulator brought forward its announcement of the new price cap. Ofgem will reveal what is expected to be an increase of up to 50% to the price cap for gas and electricity, adding around £700 to bills
7:00 AM ET Legendary teammates — and rivals — highlight the next 25 stars unveiled on our all-time MLB Top 100 list. Today we crack the top half of our ranking with Nos. 50-26. On Tuesday, we presented the first half of our list and we’ll finish with the top 25 on Thursday (see full
Speculations about a second Trojan asteroid sharing Earth’s orbit have come to an end. Researchers have confirmed that it’s indeed real. Astronomers believed they had discovered a second Trojan asteroid orbiting Earth in 2020, which sparked rounds of speculation. Scientists affirm that the first confirmed Trojan asteroid isn’t an exceptional case after the most recent
Another Tory MP has revealed he has submitted a letter of no confidence in the prime minister over his handling of partygate allegations – the third today. Sir Gary Streeter, one of the Conservative Party’s longest-serving MPs, is the latest to add his name to the list of those who have publicly announced they are,
Boris Johnson has told Vladimir Putin of his “deep concern about Russia’s current hostile activity” on the Ukrainian border amid fears Moscow is planning to invade its neighbour. More than 100,000 Russian troops have amassed near the border in a major military build-up. The prime minister spoke to the Russian president in a phone call
The executive producer and host of Gimlet Media’s Science Vs podcast said she would devote her fact-checking show exclusively to contradicting misinformation on other podcasts carried by parent company Spotify. The announcement by Wendy Zukerman builds on protests by Neil Young, Joni Mitchell, and others against Spotify’s Joe Rogan Experience Podcast. They say Spotify is
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
In an aerial view, dry cracked earth is visible at Nicasio Reservoir on June 16, 2021 in Nicasio, California. Justin Sullivan | Getty Images California water officials warned on Tuesday that the state is set to face another dry year after experiencing a significant lack of snow in January, potentially marking its third consecutive year of
If Russian troops do invade Ukraine the most direct route to Kiev will take them past one of the most infamous sites in Soviet History. Chernobyl is close to the Ukrainian capital. And that makes it strategically important because north of the exclusion zone is the border with Russian ally Belarus. Ukraine has been increasing
The McMinn County Board of Education in Tennessee voted 10-0 to remove “Maus,” the Pulitzer Prize-winning graphic novel about the experiences of Holocaust survivors, from it’s eighth grade language arts curriculum. The book’s author, Art Spiegelman, responds to the school board’s action. #CNN #News
Whoopi Goldberg has been suspended from US talkshow The View for two weeks after her comments about Jews and the Holocaust. Kim Godwin, president of ABC News, which carries the show, said: “Effective immediately, I am suspending Whoopi Goldberg for two weeks for her wrong and hurtful comments. “While Whoopi has apologised, I’ve asked her
In this article GOOGL Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. The shares popped in extended trading. The company also announced a 20-for-1 stock split that will go into effect in July. Here
As Boris Johnson prepares to speak with Russian President Vladimir Putin in an effort to cool tensions over Ukraine, one of Russia’s top diplomats says he doesn’t trust British diplomacy. Russia’s Deputy UN Ambassador, Dmitry Polyanskiy, told Sky News: “There is always room for diplomacy, but frankly, we don’t trust British diplomacy. I think in
Native American tribes have reached settlements of $590m (£436m) with a pharmaceutical company and three distribution firms over the toll of opioids. Under the terms of the deal, Johnson & Johnson will pay $150m (£110m) over two years, while AmerisourceBergen, McKesson, and Cardinal will contribute $440m (£325m) over seven years. All federally-recognised tribes in the