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Virgin Orbit files for bankruptcy, seeks buyer
Virgin Orbit, the satellite launch company founded by Richard Branson, has filed for Chapter 11 bankruptcy and will sell the business, the firm said in a statement Tuesday.
Akufo-Addo tries to blow out cake sparkler, daughter and veep laugh in video
A hilarious video of Akufo-Addo trying to turn off the cake sparkler by blowing it has left many people bursting out in laughter. The video goes viral online.
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Black girl Daya Brown accepted into over 50 colleges with $1.3 million scholarships
Daya Brown, a driven female senior at Westlake High School in Atlanta, Daya Brown, has gained admission into over 50 colleges with $1.3 million in scholarships.
"This could buy land": Lady who pays N4.8m for Lekki apartment shows off her "palace", she has cute chairs
A pretty lady with a very beautiful apartment revealed she always coughs out N4.8m yearly rent for the place. The realtor said she loves how quiet her space is.
Evergrande enters debt restructuring plan with creditors
Chinese property developer Evergrande said it has entered into a restructuring agreement with a group of international creditors, in what could be a breakthrough deal toward easing the developer's massive debt.
Credit Suisse chiefs face the music at AGM
Credit Suisse shareholders will get their first chance to voice their frustrations at the beleaguered bank's takeover by UBS, at its annual general meeting in a Zurich concert venue Tuesday. UBS is facing its own annual general meeting in Basel on Wednesday and the tone of the Credit Suisse AGM could feed into the mood when UBS chiefs face their shareholders, who also had no say in the takeover.
Asian markets swing as oil surge weighs on Fed rate hopes
Asian markets were mixed Tuesday as concerns about the impact of surging oil prices on inflation offset data indicating a slowing US economy that could allow the Federal Reserve to slow its interest rate hikes. Sydney was down ahead of a Reserve Bank of Australia interest rate decision.
Jury orders Tesla to pay former worker in racism case
A San Francisco jury on Monday ordered Tesla to pay a Black former employee nearly $3.2 million for turning a blind eye to racism at the electric car maker's Silicon Valley plant. The verdict in the retrial was a victory of sorts for Tesla, which had been ordered to pay Owen Diaz $137 million by a jury when the original trial ended in October 2021.
Australia bans TikTok on government devices
Australia said Tuesday it will ban TikTok on government devices, joining a growing list of Western nations cracking down on the Chinese-owned app due to national security fears. Australia is the last member of the secretive Five Eyes security alliance to pursue a government TikTok ban, joining its allies the United States, Britain, Canada and New Zealand.
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