H&M, the world’s second-largest retailer, experienced a significant setback as its shares plummeted by over 14% following a disappointing second-quarter financial report. Despite an increase in profits compared to the same period last year, the operating profit fell short of analysts’ expectations. This unexpected turn of events raised concerns among investors and led to a
In a groundbreaking move, South African scientists have implemented a radical approach to address the rampant issue of rhino poaching. By injecting radioactive material into live rhino horns, they aim to make them easier to detect at border posts, ultimately deterring poachers from targeting these magnificent creatures. Led by James Larkin, the director of the
President Joe Biden’s Cabinet has just concluded a two-week barnstorming tour across the country, aimed at highlighting the administration’s economic achievements. The tour saw more than a dozen top administration officials participating in 29 public events in 15 states, including key battlegrounds like Georgia, Nevada, Pennsylvania, and Michigan. Treasury Secretary Janet Yellen, National Economic Council
Research presented at the American Society of Clinical Oncology annual meeting delved into the complexities of triple-negative breast cancer (TNBC) and its immune microenvironments at primary and metastatic sites. The study aimed to understand how variations in immune composition could impact the effectiveness of checkpoint inhibitors in treating TNBC. Yuan Yuan, MD, PhD, director of
The iPhone 15 Pro was released last year with the promise of running triple-A games on mobile platforms. Despite the hardware capabilities and the release of major console titles like Resident Evil, Death Stranding, and Assassin’s Creed Mirage for iOS, these games have not been as successful with iPhone users as anticipated. According to a
Southwest Airlines saw a sharp decline in its shares this week, dropping by approximately 4% in premarket trading after cutting its revenue forecast for the second quarter. The airline cited changing booking patterns as the main reason for the downgrade. Revenue per available seat mile, a key metric for airlines, is expected to decrease by
A24, the indie distributor known for its unique and creative approach to filmmaking, has recently closed an investment round led by Thrive Capital, the New York investment firm founded by Josh Kushner. This investment marks an important milestone for the company, with Josh Kushner set to join A24’s board of directors. Additionally, existing investors who
The families of two young girls who tragically lost their lives in a school car crash in Wimbledon have expressed their dissatisfaction with the recent decision not to charge the driver, Claire Freemantle. Nuria Sajjad and Selena Lau met their untimely demise when a Land Rover crashed through a fence and collided with a building
In recent years, the volcanoes on Iceland’s Reykjanes Peninsula have shown signs of renewed activity after nearly 800 years of dormancy. Researchers have discovered a shallow pool of magma just 10 kilometers below the surface, fueling a series of eruptions since 2021. Geologists like Valentin Troll from Uppsala University in Sweden have warned that the
The Brooklyn Nets made headlines in the NBA world with a significant change to their roster. The team traded their best player, Mikal Bridges, to the New York Knicks in a surprising move. This trade marked the beginning of a new era for the Nets, who are now focused on rebuilding their franchise and securing