Tag Archives: million

JPMorgan boss Dimon’s pay boosted to $29.5 million while 250,000 workers get no raise

Chief Executive of US banking giant JPMorgan Jamie Dimon has received a 5.9 percent increase in his earnings, despite profits falling by one percent. The bank’s workers got no raise. Read more Dimon now earns around 240 times the average pay of JPMorgan’s 250,000 employees, TheStreet reports. The CEO’s earnings are comprised of a $ 1.5 million salary and $ ...

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Decision to freeze $65 million in Palestinian aid ‘not a punishment’ – US official

The United States has announced its withholding $ 65 million in aid to Palestinian refugees but is insistent the move is not aimed at punishing Palestinians. Washington officially announced Tuesday that it is freezing the funds “for future consideration.” The money was set to be allocated to the United Nations Relief and Works Agency (UNRWA) which works with Palestinian refugees. “This ...

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39 million Americans now own a smart speaker, report claims

One in six Americans now own a smart speaker, according to new research out this week from NPR and Edison Research – a figure that’s up 128 percent from January, 2017. Amazon’s Echo speakers are still in the lead, the report says, as 11 percent now own an Amazon Alexa device compared with 4 percent who own a Google Home ...

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Jeff Bezos donates $33 million to fund college scholarships for Dreamers

Amazon CEO Jeff Bezos and his wife, MacKenzie, are donating $ 33 million in the form of a scholarship grant to help 1,000 undocumented immigrant high school graduates with Deferred Action for Childhood Arrivals status attend college. The Bezos grant comes through TheDream.US, a scholarship fund for Dreamers. The organization, which is less than four years old, says this is ...

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Cost of first-ever Pentagon audit to soar beyond $900 million

The Pentagon is prepared to spend more than $ 900 million on its first ever financial audit. The Defense Department comptroller insists the high price is justified, because accurate figures will strengthen future decision making. The Pentagon has announced the audit will cost $ 367 million in Fiscal Year 2018. This will cover fees for independent public accounting firms at ...

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Crunch Report | ElliQ Robot Raises $22 Million

Today’s Stories  ElliQ has raised $ 22 million for its social robot aimed at older adults Facebook is shutting down its standalone personal assistant “M” Google brings its Assistant to Android Auto Credits Written by: Tito HamzeHosted by: Tito HamzeFilmed by: Bay McLaughlinEdited by: Tito hamze Notes: I don’t know what to wear on Crunch Report (It’s a hard decision and ...

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10 million refugees may flood EU if it fails to secure borders – Czech president

Published time: 6 Jan, 2018 19:25 Edited time: 6 Jan, 2018 19:28 The European Union could face a massive influx of some 10 million refugees from Africa in the coming years if it does not change its policy, Czech President Milos Zeman has claimed in an interview with a local TV channel. Zeman, known for his fierce anti-immigration stance, once ...

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Bee-pocalypse: Vandals destroy beehives in Iowa, kill nearly half a million bees

Published time: 31 Dec, 2017 14:21 Vandals have destroyed dozens of beehives in Iowa, killing at least 500,000 bees, the honey business owners said. All of their hives were knocked over and the bees died as they were unable to survive in the freezing temperatures. The owners of Wild Hill Honey in Sioux Falls, Iowa found their honey business in ...

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Dinosaur fossils dating back 130 million years found at building site in China (VIDEO)

Published time: 28 Dec, 2017 20:21 Christmas Day threw up an unexpected find at a construction site in China’s Jiangxi Province, where dinosaur eggs dating back millions of years were reportedly uncovered. More than 20 eggs from an unidentified cretaceous period dinosaur were found in underground rock in Dayu County, reported the China News Service. READ MORE: ‘Bound by blood’: ...

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Rising seas will displace 150 million people by 2100, says climate report

Published time: 17 Dec, 2017 14:37 Lands inhabited by more than 150 million people could be submerged in water by the end of this century. That’s according to the latest projections from a group of US researchers. A new study published in the journal Earth’s Future used the latest information from the Antarctic ice sheet and combined it with existing ...

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