A consortium that includes billionaire Lucio Tan ’s MacroAsia and partners from the Philippines, South Korea and Europe has been awarded the $11 billion contract to build an international airport south of Manila that could help ease congestion at the country’s main gateway. The new airport will be built at Sangley Point, a former U.S.…
Posts published in “Business”
Updated Sep 16, 2022, 01:14pm EDT Topline The U.S. will send an additional $600 million in military aid to Ukraine, Biden Administration officials announced on Thursday, a move welcomed by Kyiv as it pushes to build on the successes of recent counteroffensives but which draws renewed attention to unfulfilled promises of support from European governments…
Earlier this summer, a piece generated by an AI text-to-image application won a prize in a state fair art , prying open a Pandora’s Box of issues about the encroachment of technology into the domain of human creativity and the nature of art itself. As fascinating as those questions are, the rise of AI-based image…
Topline Indian billionaire Gautam Adani briefly became the second-richest person in the world Friday, trailing only Elon Musk, and the relatively unknown infrastructure and energy mogul is now wealthier than the likes of Jeff Bezos and Bill Gates. Key Facts Adani is worth $152.2 billion (by Friday afternoon ET), according to Forbes ’ calculations, trailing…
Home sales are slowing across the nation as prices continue to register double-digit growth on an annual basis, but according to Realtor.com, runaway real estate inflation may finally be slowing. While home prices rose for the 39th straight week at the start of September, a growth measurement of 11.9% during the week ending September 10…
Something for the weekend
(William Abranowicz) Dramatic dwelling The homeowner does use the six-bedroom, eight-bath retreat, but it is often rented out to people looking for a great mountain getaway. There’s sleeping space for 14 people. The show producers came calling a while back when they were looking for a suitable vacation rental for the “Real Housewives” cast, Sinclair…
Claim home For a kitchen upgrade that truly checks all the whimsy-meets-function boxes, look no further than this farmhouse sink from @interioryesplz . “The farmhouse sink, a classic design from long ago, is perfect for today’s kitchen,” says designer Susan Serra . “Its form adds a visual focal point to the sink area, an ’embrace’…
Six years in the making, the most sophisticated upgrade in crypto’s history is complete. At 6:42 A.M. Coordinated Universal Time (2:42 A.M. EDT), the Ethereum blockchain merged with a special-purpose decentralized ledger called the Beacon Chain, concluding its transition to near-carbon neutrality. The shift may not only mute criticism of blockchain energy usage and serve…
Dylan Field and Evan Wallace started building design startup Figma to challenge Adobe’s PhotoShop. Now Adobe has made them billionaires after announcing it would acquire Figma for $20 billion in a cash and shares deal. The deal doubles the valuation that the San Francisco-based startup landed in June 2021, when it raised $200 million from…