Tag: Reports

Russia reports downing five Ukrainian military balloons in Kyiv’s latest apparent war innovation

Russian air defenses downed what authorities described as five Ukrainian balloons overnight, the defense ministry in Moscow said Thursday, as the sides kept up long-range strikes that have featured heavily in what has largely become a war of attrition. Neither Russian nor Ukrainian officials have provided details about the secretive balloons, which Moscow authorities and […]

Firm Behind Planned Facility Near Heartland Military Bases Confirms Reports Are True, Company Has Direct Links to Chinese Communist Party

The president of a tech company planning a factory in Kansas near two military bases said some of its parent company employees are members of the Chinese Communist Party. Shawn Montgomery, president of Cnano USA, confirmed the CCP links on March 4 before the Kansas House Committee on Commerce, Labor, and Economic Development. Montgomery was […]

Anheuser-Busch reports collapse in U.S. revenue after boycott

The world’s largest brewer had a tough 2023. On Thursday, Anheuser-Busch, brewer of popular brands Bud Light and Stella Artois, announced staggering declines in its yearly profit and revenue last year. According to the report, the company’s profit declined from $7.6 billion in 2022 to $6.89 billion in 2023. Significantly, the company was hit the […]

Apple abandons electric car project for AI focus: Reports

In a startling shift of direction, tech giant Apple is halting its much-discussed electric car initiative, signaling the end of a decade-long venture that has seen vast investment, according to multiple reports. Tuesday’s internal meeting revealed the change in strategy, with executives projecting potential layoffs and the redeployment of staff to burgeoning artificial intelligence projects, […]