Saturday, 16 Nov 2024

Amazon CEO to visit White House this week

Watch This Fun Australian Drama and a Dark HBO Max Comedy

If you like juicy gossip or watching suburban parties implode onscreen, our TV critic has some shows for you.

By Margaret Lyons

GDP likely grew at 18.5% in April-June: SBI report

Bank’s researchers see ‘upward bias’

India’s gross domestic product (GDP) is expected to have grown by about 18.5% with an upward bias in the first quarter, State Bank of India’s researchers wrote in their Ecowrap report.

This estimate is lower than the RBI’s GDP growth projection of 21.4% for the April-June quarter.

“Based on our ‘Nowcasting’ model, the forecasted GDP growth for Q1… would be around 18.5% (with upward bias),” they wrote.

Higher growth in Q1 is mainly due to a low base.

SBI has developed the ‘Nowcasting Model’ with 41 high-frequency indicators associated with industrial activity, service activity, and the global economy.

The researchers expect gross value added (GVA) to expand 15% in Q1FY22.

Meanwhile, the business activity index based on ultra-high-frequency indicators show a further increase in August, with the latest reading for the week ended August 16, at 103.3, it added.

Charlie Watts Dies: Rolling Stones Drummer Was 80

Charlie Watts, the drummer whose beats powered the Rolling Stones for more than half a century, becoming one of rock’s most iconic if stoic figures, has died. He was 80.

The news is being reported by BBC, citing Watts’ publicist. In a statement, Bernard Doherty said today that Watts “passed away peacefully in a London hospital earlier today surrounded by his family. Charlie was a cherished husband, father and grandfather and also as a member of The Rolling Stones one of the greatest drummers of his generation.”

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Elton John, Ringo Starr, The Who & Other Musicians React To Rolling Stones Drummer Charlie Watts’ Death

Just minutes after the news of Charlie Watts’ passing broke, the band posted a statement from the dummer’s publicist expressing “immense sadness” at his passing and remembering him as “one of the greatest drummers of his generation.”

Friend and fellow Brit Elton John was less reserved calling Watts, “the ultimate drummer.” The sartorially-minded John also called Watts “The most stylish of men, and such brilliant company.”

Legendary songwriter Nile Rodgers, who produced one of Mick Jagger’s albums, wrote simply. “Rest In Power #CharlieWatts RIP. You are a smooth brother. Thanks for all the great music.”

The Who simply posted a photo of Watts with a quizzical look on his face to their official account.

Beatles drummer Ringo Starr wrote, “God bless Charlie Watts we’re going to miss you man peace and love to the family,” and followed with a second post with just a photo of himself and Watts chatting.

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Opinion | Kara Swisher Live: A Times Virtual Event

Join the “Sway” podcast host, with guests Cori Bush and Maggie Haberman, as she unpacks the stories that matter now.

By The New York Times

What Broncos fans attending Saturday’s preseason game versus Rams need to know

Do I need to be vaccinated?

Do I need to wear a mask?

Is tailgating allowed? 

Are autographs allowed? 

How can I pay for things inside the stadium? 

Can I bring in a bag? 

When do parking lots open? 

Anything else to know? 

NBA Star Chris Paul Joins Emerging Digital Player Greenfly As Strategic Investor, Part Of $8.4M Fundraising Round

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Urban Outfitters Inc. Earnings Climb In Q2, Beats estimates

Urban Outfitters Inc. (URBN) revealed a profit for its second quarter that climbed from last year.

The company’s profit came in at $127.26 million, or $1.28 per share. This compares with $34.40 million, or $0.35 per share, in last year’s second quarter.

Analysts had expected the company to earn $0.78 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 45.0% to $1.16 billion from $0.80 billion last year.

Urban Outfitters Inc. earnings at a glance:

-Earnings (Q2): $127.26 Mln. vs. $34.40 Mln. last year.
-EPS (Q2): $1.28 vs. $0.35 last year.
-Analysts Estimate: $0.78
-Revenue (Q2): $1.16 Bln vs. $0.80 Bln last year.

Amazon CEO to visit White House this week

Chinese cyberattacks can make financial institutions, critical infrastructure ‘vulnerable’: Rep. Khanna

Rep. Ro Khanna, D-Calif., on the Chinese Communist Party’s ability to get the data of a US company that has operations in China.

Amazon CEO Andy Jassy will be visiting the White House later this week, according to people familiar with the matter.

Jassy will reportedly join Apple CEO Tim Cook and Microsoft CEO to discuss national cybersecurity matters with the Biden administration, according to Bloomberg.

WHEN RANSOMWARE ATTACKS GET DEADLY: ATTACK BRINGS DOWN HOSPITAL SYSTEM

Neither Apple nor Microsoft responded to inquiries from FOX Business.

Those familiar with the matter told Bloomberg that the meeting will happen Wednesday.

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The meeting comes amid a slew of cyberattacks on U.S. companies and government entities in recent months, including the State Department, the Colonial Pipeline, JBS, Electronic Arts and the U.S. Agency for International Development.

The administration in May said it planned to launch a task force aimed at cracking down on hackers responsible for ransomware attacks after the Colonial attack.

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