Month: April 2023

AmEx’s Costs, Provisions Cloud Profit Despite Higher Credit Card Use

American Express Co.’s profit missed Wall Street estimates on Thursday despite higher spending by its customers as the credit card giant kept aside a large sum to cover potential defaults and spent more on promotions. Shares fell as much as 7 percent to a near three-month low of $154.01 as expenses surged 22 percent to…


Old NASA Satellite Plunges to Earth Over Sahara Desert

An old NASA satellite that studied the sun for more than a decade fell to Earth over the Sahara Desert, the space agency reported Thursday. NASA officials said they have received no reports of damage or injury so far from the reentry, which occurred in the wee hours of the morning in Sudan. Most of…


Court Documents Describe Grisly Discovery in Maine Shootings

WEST BATH, Maine—A sister who discovered a crime scene in which four people were shot to death arrived to broken glass, bullet holes, blood and guns strewn about the home, and the suspect was later arrested at the scene of a highway shooting with what appeared to be blood on him, according to state police….


Yellen Says US-China Relations at a ‘Tense Moment,’ Seeks ‘Constructive’ Solutions

In a speech delivered at a global economic forum, U.S. Treasury Secretary Janet Yellen described the current state of U.S.-China relations as being at a “tense moment” and emphasized the need for a productive approach towards bolstering economic ties with China. Yellen acknowledged the ongoing tensions between the two economic giants but expressed optimism for…


Meta Lays Off Tech Teams, Battering Employee Morale

Meta Platforms Inc. on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a “year of efficiency.” Meta in March became the first Big Tech company to announce a second round…


Shen Yun Is ‘A Movement About Humanity and Embracing It’: CEO, NZ Maori Council Member

AUCKLAND, New Zealand—”This is a never to miss moment!” said Mr. Roimata Minhinnick from Ngāti Te Ata, which is around Manukau Harbour, after seeing Shen Yun Performing Arts for the first time on April 20. A member of the New Zealand Maori Council, Mr. Minhinnick has served as the chair of its Law, Justice, and Corrections Committee, as well…


Tennesse House Republicans Clash With Gov. Lee on Gun Confiscation Orders

Republicans in the Tennessee House of Representatives are signaling defiance of their fellow Republican, Gov. Bill Lee, after he proposed legislation to allow law enforcement officers to temporarily seize firearms from persons if a court agrees that they pose a threat of harm to themselves or others. Tennessee policymakers have considered a number of new…


Chien Leads First Major at Chevron After 1st Round; Korda, Vu Tied for 2nd

THE WOODLANDS, Texas—Peiyun Chien, of Chinese Taipei, shot a 5–under 67 on a rainy Thursday, April 20, in the transplanted Chevron Championship to take the first-round lead in the LPGA Tour’s first major of the year. Unable to find a sponsor willing to add to the half-century run at Mission Hills, the tournament—best known as…


Police Investigate $20 Million Gold Heist at Pearson Airport

A cargo container with just over $20 million in gold and other expensive valuables has been stolen from Toronto Pearson International Airport. Police said a “high value container” in a cargo holding facility was stolen on April 17, soon after arriving by plane. “An aircraft arrived here at the airport in the early evening. As…


IN-DEPTH: America’s Nurses are Burnt Out and Ready to Quit—Hospitals Nationwide Brace for Shortages

Jay Cuesta grew up planning to go to medical school. Then, in 2000, his premature infant died at just two weeks old, and Cuesta’s vision for the future was realigned. Cuesta told The Epoch Times that nurses were beside him and his wife throughout their ordeal. Nurses were beside them when the child they knew…