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NEWS OF THE WEEK: Jeff Bezos' Blue Origin completes first passenger flight to space

Video Credit: Cover Video STUDIO - Duration: 01:12s - Published
NEWS OF THE WEEK: Jeff Bezos' Blue Origin completes first passenger flight to space

NEWS OF THE WEEK: Jeff Bezos' Blue Origin completes first passenger flight to space

ABC News reports that on July 20, Jeff Bezos successfully launched into space on his rocket company’s first flight carrying passengers.


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Jeff Bezos Jeff Bezos American businessman (born 1964)

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These US Cities Have the Highest Populations of Millionaires [Video]

These US Cities Have the Highest Populations of Millionaires

These US Cities, Have the Highest Populations of, Millionaires. According to a report by Henley & Partners, the United States remains the top country in the world for private wealth creation and accumulation. Quartz reports that the U.S. accounts for about 32% of global liquid investable wealth, valued at approximately $67 trillion. Here are some of the cities with the largest populations of millionaires, according to the report. Austin, This Texas city had the biggest explosion in millionaire growth in the U.S. over the past ten years, reaching 32,700 by the end of 2023. . Miami, This Florida city is home to 35,300 millionaires and 15 billionaires, including Amazon CEO Jeff Bezos. Boston, While having just eight billionaires, the fewest of any other city on the list, this New England city is home to , 42,900 millionaires. Seattle, This Washington State city is the home of some of the largest corporations in the U.S., including Amazon and Microsoft. It's also home to 54,200 millionaires and 11 billionaires. . Chicago, Approximately 120,500 millionaires live in this Midwestern metropolis. . Los Angeles, The second-most populous city in the U.S. has about, 212,100 millionaires and 43 billionaires. San Francisco, The tech hub of the U.S. boasts the most billionaires with a whopping 68, as well as the second-most millionaires with 305,700. . New York, The city with the most high net worth individuals has about , 349,500 millionaires and 60 billionaires

Credit: Wibbitz Top Stories    Duration: 01:31Published
Elon Musk's Net Worth Takes $40 Billion Hit Due to Tesla's Challenges| Oneindia News [Video]

Elon Musk's Net Worth Takes $40 Billion Hit Due to Tesla's Challenges| Oneindia News

Elon Musk's net worth dropped nearly $40 billion this year, now totaling $189 billion, placing him third behind Bernard Arnault and Jeff Bezos. Tesla's declining share price contributed to the decrease. Despite challenges with Twitter's rebranding as X, Musk announced plans for a smart TV app. His proactive approach reflects his ongoing efforts to diversify and expand his ventures. #ElonMusk #Tesla #elonmusk #elonmuskinterview #elonmusknews #elonmuskanddisney #Twitter #X #Oneindia #Oneindianews ~PR.152~ED.103~GR.122~HT.96~

Credit: Oneindia    Duration: 01:53Published
Jeff Bezos takes over Elon Musk as World's Richest Person | Bloomberg Billionaire Index | Oneindia [Video]

Jeff Bezos takes over Elon Musk as World's Richest Person | Bloomberg Billionaire Index | Oneindia

In a stunning turn of events, Tesla CEO Elon Musk has been dethroned as the world's richest person, with Amazon founder Jeff Bezos reclaiming the top spot. Join us as we delve into this dramatic shift in the billionaire rankings. #ElonMusk #WorldsRichestPerson #JeffBezos #BloombergReport #BloombaergBillionaireIndex #ElonMuskvsJeffBezos #FinancialNews ~HT.99~PR.274~

Credit: Oneindia    Duration: 01:29Published

ABC News ABC News News division of the American Broadcasting Company

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Kiss Sells Catalog, Brand Name and IP [Video]

Kiss Sells Catalog, Brand Name and IP

Kiss Sells Catalog, , Brand Name and IP. Pophouse Entertainment Group has bought the rock band's catalog, brand name and intellectual property in a deal worth over $300 million, ABC News reports. . Björn Ulvaeus of ABBA co-founded Pophouse. When Kiss played their last show in December, they revealed digital avatars of themselves, ABC News reports. Pophouse partnered with George Lucas' company, Industrial Light & Magic, to create the avatar technology. The "ABBA Voyage" show in London featured an entire performance with the Swedish band's digital avatars. ABC News reports that a biopic, documentary and "Kiss experience" are in the works, according to Pophouse CEO Per Sundin. An avatar show is planned for the later part of 2027. Gene Simmons said, "I don't like the word acquisition.". Collaboration is exactly what it’s about. It would be remiss in our inferred fiduciary duty — see what I just did there? — to the thing that we created to abandon it, Gene Simmons, to AP. People might misunderstand and think, ‘OK, now Pophouse is doing that stuff and we’re just in Beverly Hills twiddling our thumbs.’ No, that’s not true. , Gene Simmons, to AP. We’re in the trenches with them. We talk all the time. We share ideas. It’s a collaboration. Paul (Stanley) and I especially, with the band, we’ll stay committed to this. It’s our baby, Gene Simmons, to AP

Credit: Wibbitz Top Stories    Duration: 01:30Published
Sam Bankman-Fried Speaks Out After Sentencing [Video]

Sam Bankman-Fried Speaks Out After Sentencing

Sam Bankman-Fried , Speaks Out After Sentencing. The former FTX CEO was sentenced to 25 years in prison on March 28. He was previously convicted of fraud, conspiracy and money laundering. In an exclusive interview with ABC News, the 32-year-old exhibited remorse for his actions, saying, "It's most of what I think about each day.". Bankman-Fried attributed FTX's downfall to many "bad decisions" made in 2022, ABC News reports. . I never thought that what I was doing was illegal. But I tried to hold myself to a high standard, and I certainly didn't meet that standard. , Sam Bankman-Fried, to ABC News. I've heard and seen the despair, frustration and sense of betrayal from thousands of customers; they deserve to be paid in full, at current price, Sam Bankman-Fried, to ABC News. That could and should have happened in November 2022, and it could and should happen today. It's excruciating to see them waiting, day after day, Sam Bankman-Fried, to ABC News. Bankman-Fried went on to say that he's "haunted, every day, by what was lost.". I'd give anything to be able to help repair even part of the damage. I'm doing what I can from prison, but it's deeply frustrating not to be able to do more, Sam Bankman-Fried, to ABC News. Bankman-Fried plans to appeal based on trial testimony that "greatly misstated what actually happened.". I'd give anything to be out there, trying to make a positive difference in the world, but I know that's not going to happen. I can't help from prison, Sam Bankman-Fried, via statement

Credit: Wibbitz Top Stories    Duration: 01:31Published
Biden Cracks Down on ‘Junk Insurance Plans’ [Video]

Biden Cracks Down on ‘Junk Insurance Plans’

Biden Cracks Down , on ‘Junk Insurance Plans’. On March 28, President Joe Biden announced that a new rule will limit short-term health insurance plans to three months, ABC News reports. . The plans can now only be renewed for up to four months instead of three years that were permitted under former President Donald Trump. . The plans can now only be renewed for up to four months instead of three years that were permitted under former President Donald Trump. . Additionally, short-term plan providers must clearly explain benefit limitations to consumers. . The president really believes the American people do not want to be taken for suckers and junk insurance takes them for suckers, Neera Tanden, Biden's domestic policy adviser, via statement. Short-term insurance is intended to temporarily serve as a safety net for periods of transition, such as switching jobs or prior to receiving Medicare. However, critics call these plans "junk insurance" because they're often misleading as far as what they actually cover. ABC News reports that the plans aren't required to cover those with preexisting conditions or pay for prescription drugs. In 2018, Trump expanded short-term plans and referred to them as "much less expensive health care at a much lower price.". Neera Tanden, Biden's domestic policy adviser, said that Trump undermined the Affordable Care Act (ACA) when he allowed insurance companies to sell inadequate short-term plans. Neera Tanden, Biden's domestic policy adviser, said that Trump undermined the Affordable Care Act (ACA) when he allowed insurance companies to sell inadequate short-term plans. The short-term plan expansion was upheld by an appeals court in 2020

Credit: Wibbitz Top Stories    Duration: 01:31Published
Chick-fil-A Will Start Serving Chicken Treated With Antibiotics [Video]

Chick-fil-A Will Start Serving Chicken Treated With Antibiotics

Chick-fil-A Will Start Serving Chicken , Treated With Antibiotics. On its website, the fast food chain said that "serving quality food has always been our priority," . but beginning in spring 2024, the company will "shift from No Antibiotics Ever (NAE) to No Antibiotics Important To Human Medicine (NAIHM).". NAIHM restricts the use of those antibiotics that are important to human medicine and commonly used to treat people, and allows use of animal antibiotics only if the animal and those around it were to become sick, Chick-fil-A, via statement. Chick-fil-A previously pledged "no antibiotics ever" for more than a decade. . The change in policy comes amid projected supply shortages, ABC News reports. . Chick-fil-A highlighted its pledge to use high-quality chicken. saying that it only uses "real, white breast meat with no added fillers, artificial preservatives, steroids -- and no added hormones.". saying that it only uses "real, white breast meat with no added fillers, artificial preservatives, steroids -- and no added hormones.". We established an Animal Wellbeing Council of outside experts, which provides feedback on our policies and practices, Chick-fil-A, via statement. With their input, we are constantly evaluating our approach to animal wellbeing to ensure it is consistent with or exceeds industry standards, Chick-fil-A, via statement

Credit: Wibbitz Top Stories    Duration: 01:30Published

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