Earthquake today: Arunachal Pradesh hit by 3.1 magnitude quake

The north-eastern state of Arunachal Pradesh was hit by a 3.1 magnitude earthquake on the Ritcher scale on May 8, as per the National Center for Seismology (NCS), ANI reported. The quake was felt in the Lower Subansiri region of Arunachal Pradesh at 4:55 am today, the NSC added, it said.  This is a breaking … Read more

Heatwave grips 3 states today, IMD predicts rainfall in THESE states

Weather update today: The weather forecast today suggests heatwave conditions to prevail over three states while a few of the north-eastern states will encounter wet spell for the next few days according to India Meteorological Department (IMD) weather bulletin. The states of Rajasthan, Madhya Pradesh, and Karnataka to grapple with heatwave conditions today, as per … Read more

Modi Questioned on Whether He Would Contest Elections in 2029

(Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. India’s Prime Minister Narendra Modi said a country shouldn’t be run on the basis of one person alone when questioned about whether he would contest elections … Read more

Coal Tycoon Craft to Host Trump Fundraiser in Horse Country

Joe Craft of Alliance Resource Partners LP and his wife, former Ambassador Kelly Craft, will host a fundraiser for Donald Trump this month as the presumptive Republican nominee seeks to build his campaign war chest even as legal fees and criminal trials hinder its operations.  Tickets to the May 15 dinner in Lexington, Kentucky begin … Read more

FTX Has Billions More Than Needed to Pay Bankruptcy Victims

(Bloomberg) — Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries under the company’s bankruptcy. The extra cash will be used to pay interest to the company’s more than 2 million customers, marking a rare … Read more

University of Chicago Clears Out Encampment Without Arrests

(Bloomberg) — The Massachusetts Institute of Technology said suspensions are in process for dozens of student protesters while the University of Chicago shut down a pro-Palestinian encampment amid persistent tensions on US campuses.  “As we said previously, these actions are necessary to ensure the safety of our community,” MIT Chancellor Melissa Nobles said in a … Read more

OpenAI Is Readying a Search Product to Rival Google, Perplexity

(Bloomberg) — OpenAI is developing a feature for ChatGPT that can search the web and cite sources in its results, according to a person familiar with the matter, potentially competing head on with Alphabet Inc.’s Google and AI search startup Perplexity. The feature would allow users to ask ChatGPT a question and receive answers that use details … Read more

Lyft forecasts strong quarterly earnings as ride-hailing demand picks up

(Adds Q1 profit in paragraphs 2 and 12; updates share movement in paragraph 2) By Yuvraj Malik May 7 (Reuters) – Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and benefits from new user and driver features. It also reported … Read more