downturn – SindhTribune.com

Japanese noodle chain cooks strategy to ‘endure’ Hong Kong downturn

December 15, 2024

Man dies following hot air balloon disaster at festival in Mexico
A man was killed following a hot air balloon disaster at a festival in Mexico, officials said. Rodrigo Reyes Mugüerza, the secret general of government in Zacatecas, said the incident occurred during the “celebration of the First Balloon Festival.” “A person lost his life after a unfortunate incident while on board a hot air balloon,”…
Trump axes chip export curbs in shift from ideals to interests
WASHINGTON — The Trump administration’s recently announced cancellation of an artificial intelligence rule from the last days of the Biden administration reflects a shift away from the latter’s values-based approach, which rewarded democracies, and toward an interests-based approach that includes deals with more authoritarian-leaning states, analysts say. A Commerce Department news release Tuesday cited two…
Yeshiva University bans LGBTQ student club again after yearslong legal battle
Yeshiva University in New York City has once again banned its LGBTQ student club, saying the group’s actions are “antithetical” to the Jewish educational institution’s religious values. The decision comes two months after the school reached a settlement with students to recognize the group and end a yearslong legal dispute that at one point reached…
House Republicans want to tax remittances sent by migrants, visa holders to their home countries
WASHINGTON — Israel Vail’s entire life in the small western Guatemalan town of Cajolá is built off the money that his three children send home from the United States. The money from their construction jobs paid for the two-story white home where Vail now lives — and where his children, who are in the U.S.…
18-year-old girl escapes captivity from New Jersey home where she was allegedly forced to live in dog crate and abused
A New Jersey couple has been charged after an 18-year-old escaped their residence and said she was forced to live in a dog crate for a year, given a bucket to use as a bathroom and sexually abused. Brenda Spencer, 38, and Branndon Mosley, 41, of Gloucester Township, were charged with kidnapping and Mosley with…
Osaka beats out Tokyo to draw record Chinese tourists on Expo boom
OSAKA — Osaka is on track to draw record numbers of Chinese visitors in the first half of the year, with increased flights and Expo 2025 Osaka boosting traffic to the city. A total of 1.27 million people from China visited Osaka in Janu-March, up roughly 90% on the year to a quarterly record, topping…
American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales, steep discounting and an uncertain economy. The apparel retailer said it expects revenue in the first quarter, which ended in early May, to be around $1.1 billion, a decline…
Spirit Airlines introduces extra legroom seats, other perks, in push for premium
Spirit Airlines announced on Tuesday that it will offer new premium options for its travelers, including an extra-legroom seating option and a two-free-checked-bags policy for its cardholders. The new seating will begin being installed in June and roll out across the majority of Spirit’s fleet by July, according to the company. Spirit will offer its two-free-checked-bags policy as…
5 new Uber features you should know — including a way to avoid surge pricing
Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced a route share feature on its platform, prepaid ride passes and special deals week for Uber One members at its annual Go-Get showcase. Uber’s new features come as the company accelerates its leadership position in the…