Category Archives: World News

Ten To Leave SM Entertainment But Remain With NCT And WayV

Posted on by
Reply

Just days after Mark Lee announced his departure from NCT and SM Entertainment, Ten of NCT and WayV has decided not to renew his contract with SM Entertainment, but will remain with the groups. His contract with SM Entertainment expires on Wednesday, April 8.SM Entertainment wrote on WayV’s Weverse page, “Following careful and extensive discussions regarding TEN’s future direction, we have reached a mutual understanding to conclude his exclusive contract with SM Entertainment, effective April 8.” Moving ahead, we will maintain regular communication to explore options for TEN to join in WayV and NCT activities, as appropriate.

“On April 8, 2016, the Thai singer-dancer made her debut as NCT U, the first sub-unit of SM Entertainment’s 24-member super group NCT, alongside Jaehyun, Mark, Taeyong, and Doyoung. He has been a member of NCT U (Taeyong, Doyoung, Jaehyun, and Mark), the Chinese subunit WayV (Kun, Winwin, Xiaojun, Hendery, and Yangyang), and SuperM.He has released two solo EPs: Ten (2024) and STUNNER (2025). His debut solo album reached No.No. 6 on the Japanese Oricon Albums Chart. His second mini-album topped the iTunes album chart in 13 cities, including Poland, Chile, Peru, and New Zealand.In a press announcement, SM Entertainment emphasized Ten’s “distinctive artistic presence and breadth of talent” in both his group and solo work. They continued, “We sincerely appreciate the time we have shared together, and wish him all the best as he moves forward into a new chapter.”

Ten To Leave SM Entertainment But Remain With NCT And WayV

SM Entertainment

As I approach my tenth anniversary, I find myself eager to take on new tasks, explore new opportunities, and discover new versions of myself. So, after much consideration and heartfelt discussions with the members and staff of SM, I’ve chosen to end my exclusive deal with the firm.SM will always be my “home”, and I will forever be happy to say that I grew up at SM – especially as the first Thai artist to do so! I am glad for the opportunity to learn, perform, and grow as an artist at SM. It is something I will cherish.I’d like to genuinely thank everyone who has been a part of my journey over the last ten years.

Thank you to my members and SM staff for their support, and most importantly, thank you to my fans – my Czennies and WayZenNies – who have always loved and supported me. It means more to me than I can convey verbally.Moving ahead, I plan to continue my efforts as Ten of NCT and WayV. At the same time, I’m delighted to show you new aspects of “TEN” and to grow as a solo artist in this next stage.Ten’s solo endeavors, like those of many other K-pop singers, will no longer be managed by SM Entertainment, but he will continue to work with them as a member of the NCT and WayV groups. Many musicians have adopted this procedure, including the entire BLACKPINK group, SHINee’s Taemin, EXO’s D.O., 2NE1’s CL, Pentagon’s KINO, and others.

Pooh Shiesty’s lawyer questions prosecutors’ framing of the Gucci Mane robbery case in Dallas

Posted on by
Reply

Federal officials believe the Memphis rapper was the “ringleader” in the robbery and kidnapping of Gucci Mane and two other music industry heavyweights.The Dallas lawyer for the Memphis rapper accused of organizing the theft of rap legend Gucci Mane in a Dallas recording studio earlier this year claimed the government was oversimplifying a far more nuanced case.John Helms, who claimed to have entered the case less than a day before, described Lontrell Williams Jr., the rapper known as Pooh Shiesty, as a brilliant artist who has had “a lot of success as an entertainer.”The words provided the strongest indication yet of how Williams, 26, may approach the case as it progresses. According to federal authorities, he was the “ringleader” of a group of eight men that kidnapped and robbed three music industry figures at gunpoint during a meeting at a Dallas recording studio on January 10.

According to court filings, one of the three industry figures, only named as R.D., signed Williams to the 1017 filings label. Radric Davis, also known as Gucci Mane, is a Grammy-nominated rapper.Davis launched 1017 Records and signed Williams years ago. Prosecutors said Williams organized the meeting under the premise of discussing business.Davis’ publicist has not responded to many email requests for comment since Thursday.Williams ascended to national stardom in 2021 with the hit single “Back in Blood” and his breakthrough project Shiesty Season.William has also collaborated with Rodney Wright Jr., a Memphis rapper known as Big30, who was arrested and suspected of participating in the crime.Williams and Davis collaborated on numerous tunes. 1017 Records’ website still shows him as an artist.

Pooh Shiesty’s lawyer questions prosecutors’ framing of the Gucci Mane robbery case in Dallas

Pooh Shiesty

During the studio meeting, Williams requested to speak with Davis privately and presented paperwork that would free him from their contract. When Davis refused to sign, Williams brandished an AK-style weapon and held him at gunpoint, according to court filings unsealed this week.According to court filings, Williams removed Davis’ wedding band, watch, earrings, and cash, while another member of the gang may have used his phone to capture Davis signing the paperwork.When they left the separate room, the other men in Williams’ entourage pulled out firearms and demanded property from the other two music industry figures.The trio stole a variety of goods, including watches, wallets, a chain and necklace carrying the “1017” designation, a Louis Vuitton bag holding numerous other high-end watches, and a pair of Apple AirPods, according to court documents.Helms claimed that another lawyer who had represented Williams in a previous lawsuit in Florida connected the rapper with his business. The two have already discussed his situation.Williams’ group also comprised his father, Lontrell Williams Sr., and six other members: Kedarius Waters, Kordae Johnson, Demarcus Glover, Damarian Gipson, Darrion McDaniel, and Terrance Rodgers.

All nine individuals are charged with kidnapping and conspiracy to conduct kidnapping, each of which carry sentences ranging from years to life imprisonment. It is unclear if they have attorneys. Authorities said eight of them were caught on Wednesday, while the ninth was apprehended Thursday in Atlanta.The younger Williams may face harsher penalties: prosecutors claim he was on home detention and wearing an ankle monitor at the time of the recording studio meeting.According to court documents, he is serving the remainder of a 63-month federal sentence imposed in Florida in 2022 after pleading guilty to conspiracy to possess weapons in furtherance of violence and drug trafficking activities.He was prohibited from possessing a weapon or being in the presence of anyone who did.

Summer House Shock: Amanda Batula & West Wilson Bombshell Rocks Bravo Series

Posted on by
Reply

The Bravoverse is already reeling from the news that The Real Housewives of Miami is on hiatus, and now a scandal surrounding Summer House is upsetting the fan base.Following weeks of speculation, co-stars Amanda Batula and Westling Wilson revealed their relationship, and fans are asking if Bravo cameras will return to capture cast responses.The news has piqued viewers’ interest in learning more about the show’s drama. Bravo has previously used cameras to catch reactions to incidents of similar size. It happened last season when Paige DeSorbo ended her relationship with Craig Conover, and the year before when Carl Radke broke up with Lindsay Hubbard in front of cameras, canceling their engagement on the spot.According to reports, Bravo appears to have no plans to pick up cameras this time around. However, the Season 10 reunion is scheduled to film in mid-April, providing an excellent opportunity for the ensemble to address current happenings.

In a joint statement, which you can read in full below, the new Bravo couple said, “We’ve shown up for each other as friends over the years, through all the highs and lows, and what’s happened recently was the last thing either of us expected.” Our bond stemmed from a genuine, long-standing friendship, making it extremely vital for us to approach.”The couple also stated, “As our feelings developed, we wanted to take the time to understand exactly what we were feeling.” We also acknowledge that this has had an impact on others, and we never intended for our actions to cause harm or be viewed as careless.The reason this combination is making so much buzz on social media is that they both rejected the allegations throughout the last few weeks. Batula, who has appeared on the reality show since its inception in 2017, has always been linked to Kyle Cooke.Cooke and Batula have been sharing their story with Bravo viewers for ten seasons, from breakups and makeups to engagements and weddings. The most current season of the show focuses on a married couple who are having difficulty communicating, and their marital problems led to their separation, which they announced earlier this year.

Summer House Shock: Amanda Batula & West Wilson Bombshell Rocks Bravo Series

Related: Bravo’s ‘Summer House’ Season 10 Cast Photos: Amanda Batula, West Wilson, Ciara Miller, Kyle Cooke, and More Return

Wilson’s previous relationship with co-star Ciara Miller, Batula’s close friend, complicates the situation even further. Wilson and Miller appear to be flirting with each other this season, after drifting apart last summer. Miller was prepared for a committed relationship, however Wilson was not and was unsure of his intentions, which damaged Miller along the road.Cooke and Batula are feuding in Episode 9 of Summer House Season 10, and Wilson steps in when Cooke says some terrible words about Batula. The allegations regarding Batula and Wilson were only fueled by Wilson’s attitude when attempting to assist Batula while she was living with her then-husband.Bravo has already explored similar ground with “Scandoval” on Vanderpump Rules.

Although the program was renewed for another season with the same cast, the apparent division among them demonstrated that it was not an ideal condition for an ensemble show. The network ended up restarting the franchise with an entirely new ensemble.Summer House will have its own spinoff later this year, with Batula, Cooke, and Lindsay Hubbard appearing on In The City.The series was taped in the fall of 2025, but it was supposed to continue following Batula and Cooke as they dealt with their marital problems. With this new twist, viewers might tune in to play detective and see if they could pick up any hints about where things were going, just like they did while watching Vanderpump Rules after the scandal broke.

Artemis II launch: people gather for a glimpse of historic NASA lunar expedition

Posted on by
Reply

A fully crewed rocket will launch to the moon from Florida, marking the first time humans have left lower Earth orbit since 1972.A little more than an hour before sunset on Florida’s space coast, up to 400,000 people will gather on beaches and causeways on Wednesday to view a flaming spectacle not seen in nearly 54 years: a fully crewed NASA rocket returning to the moon.Artemis II’s launch, slated for 6.24pm ET assuming weather and any late technical gremlins offer their assent, will be the first time people have departed lower Earth orbit since the Apollo 17 mission in December 1972.”The nation, and the world, has been waiting a long time to do this again,” Reid Wiseman, a veteran NASA astronaut and Artemis II commander, told reporters at the Kennedy Space Center on Sunday, as the crew of three Americans and one Canadian arrived to enter quarantine before launch.

Their 10-day test flight, which will not land on the moon, is a mission full of accomplishments. Two members of the crew, NASA’s Christina Koch and Victor Glover, will be the first women and people of color to fly into cislunar space, which is the space between Earth and the moon.The fourth crew member, Jeremy Hansen from the Canadian Space Agency, will be the first non-American to do so.Artemis II’s Orion space capsule may transport them farther from Earth than any human before them. A Wednesday launch would most likely take them more than 4,600 miles (7,400 kilometers) beyond the far side of the moon on flying day six, and just shy of 253,000 miles from home, beating the ill-fated Apollo 13 mission’s record of 248,655 miles set in April 1970.Prior to Donald Trump’s entry to office, NASA recognized the diversity of Artemis crews on its website, but removed the recognition last year in accordance with the president’s executive order, which urged government agencies to eliminate diversity, equity, and inclusion (DEI) practices and language.

Artemis II launch: people gather for a glimpse of historic NASA lunar expedition

NASA

“Like clicking a pen cap can annoy somebody over 10 days in a small capsule,” said Wiseman, who has spent practically every day with his crew since their selection in April 2023.”We have a great conversation together, and we talk about those kinds of things, but there will definitely be times when we’re like, ‘Man, all right, I need a little space, and I can’t get any right now.'” But we’re a good crew.”NASA The Space Launch System (SLS) rocket and Orion capsule stack stand 322 feet (98 meters) tall on the launchpad and will separate into stages at various times throughout its ascent.Nasa is certain it has resolved the heat-shield issue that resulted in a nerve-racking re-entry for Artemis I, as well as the helium leak that pushed Artemis II back to its assembly building in February, forcing NASA’s to postpone the next launch attempt until April.

Nasa’s final weather briefing on Tuesday predicted an 80% likelihood of acceptable circumstances, in the event of a scrubbed launch, remain.” Nasa has a five-night window to attempt again.This week, Cape Canaveral and Cocoa Beach, which are already crowded with spring breakers, are experiencing increased excitement for the launch, and hotel rooms are in limited supply.It is a feeling shared by engineers and mission managers at the Kennedy Space Center, where they have spent years planning the next steps in the Artemis program. It was planned to provide a human moon landing at the start of the decade, but it is already years behind schedule and billions of dollars over budget.What we learn from that trip will help America return to the moon’s surface. When we get to the moon, we’re going to remain.”NASA

Environmentalists accuse Mexico of lying about the origins of the Gulf oil spill

Posted on by
Reply

MEXICO CITY – Environmentalists accused Mexico’s government of lying about the cause of a large oil spill in the Gulf of Mexico, which officials quickly disputed.The spill off the coast of southern Veracruz state has expanded over 373 miles and into seven natural areas. It has delivered a blow to the region’s nature, with turtles and other marine creatures discovered on oil-covered seashores, as well as fisherman who have been unable to operate in the oceans they have fished for decades.The Mexican authorities announced that 800 tons of hydrocarbon-laden garbage had poured into the ocean.

The spill began in March, according to the government, and was caused by a ship anchored off the coast of Veracruz, as well as two spots where oil naturally seeps.On Monday, a group of 17 organizations, including Greenpeace Mexico, the Mexican Alliance Against Fracking, and the Mexican Center for Environmental Rights, or CEMDA, refuted that claim, claiming that satellite images they captured showed that the source of the spill was a pipeline from Mexico’s state-run oil company, Pemex, and that a large oil slick appeared in early February.”The absence of information is inflicting enormous economic and environmental damage. “So far, no one has been held accountable,” CEMDA spokesperson Margarita Campuzano said on Tuesday.

Environmentalists accuse Mexico of lying about the origins of the Gulf oil spill

The activists’ photographs from February match those acquired by The Associated Press on Tuesday from Copernicus, the European climate agency. The photographs show a boat floating over a sea clouded with what the groups describe as oil, which looks to be spilling from a platform.According to the groups, the boat in the photographs is Árbol Grande, which specializes in pipeline repair. This suggests that the government knew about the spill before reporting it and “hid it.”Pemex deemed the information and photographs circulated by the groups “inaccurate” and stated that the Árbol Grande boat is permanently traversing the Gulf of Mexico, carrying out preventive inspections of platforms and specialized spill response operations.

Campuzano advocated for increased transparency and vigorous probes by authorities

During her morning press briefing on Tuesday, Mexican President Claudia Sheinbaum refuted the accusations, saying that “no leak has been reported” in state oil infrastructure up to this point and that such natural seeps in the Gulf have occurred before.She stated that the government was working with scientists to determine if the spill was “due to these natural seeps in the area, which have been reported on many occasions and are well-documented in scientific literature, or a leak from one of the facilities.”

Sheinbaum stated that the spill was most likely caused by natural seeps and that crews were working hard to clean up and mitigate the effects.While government officials acknowledged the effects on turtles, birds, and fish, as well as the spread to protected environments, they maintained that there had been no “severe environmental damage.”The accusations come as environmental groups in the United States have expressed concern after the Trump administration exempted oil and gas drilling in the Gulf of Mexico from the Endangered Species Act, claiming that environmentalist lawsuits threatened to disrupt domestic energy supplies during the US-Israeli war with Iran.Critics claimed the measure would hurt marine life and endanger a unique whale species. 

Oracle lays off people to reduce expenses during AI buildout

Posted on by
Reply

Oracle laid off some workers on Tuesday, according to two employees and LinkedIn posts.The changes come as Oracle attempts to minimize costs.This year, the company’s stock has fallen roughly 30% as anxieties about AI have fueled a software sell-off.Oracle began laying off staff on Tuesday, according to two affected employees and multiple social media postings.The cuts appear to have affected staff worldwide, but the full scope of the layoffs could not be determined immediately.

More than a dozen people announced on LinkedIn on Tuesday that they had been affected by the layoffs.According to LinkedIn posts analyzed by Division Insider, affected roles appear to include employees from Oracle’s cloud computing division. Several of the employees that posted were software developers.Oracle’s representative declined to comment.Oracle has around 162,000 full-time employees as of May 2025, according to its most recent 10-K filing.

Oracle lays off people to reduce expenses during AI buildout

The changes are part of Oracle’s efforts to reduce costs. Earlier this month, Oracle officials encouraged investors not to be concerned about the company’s huge data center spending because it is “very, very good” at cost-cutting.Business Insider revealed in January that Oracle was having difficulty securing funding for Stargate, its $500 billion data center collaboration with OpenAI. Oracle launched a $50 billion debt offering in February to fund its infrastructure expansion.Oracle stock has fallen over 30% this year. Fears that AI would replace traditional software tools have caused a widespread sell-off in software equities.

Oracle lays

During an earnings call earlier in March, Oracle Chairman Larry Ellison downplayed similar concerns, telling analysts that the so-called SaaSpocalypse will be a problem for other companies but not his.The layoffs are the latest example of technology corporations decreasing headcount. Amazon announced in January that it would lose approximately 16,000 corporate jobs, months after laying off 14,000. Last year, Microsoft announced that it will remove approximately 15,000 roles.Last week, Meta began laying off hundreds of employees, following years of downsizing that resulted in the elimination of thousands of positions. 

Lamar Odom said recalling the past is ‘like swimming in a quagmire of trauma

Posted on by
Reply

The two-time NBA champion, who dribbled into the Kardashians’ reality while concealing a drug habit, is now a recovering addict nearing 60 days of recovery as we speak on March 24. (Odom completed a 30-day rehab term in February, following an arrest for driving under the influence the previous month.Odom has pleaded not guilty, and the bench trial is set on July 7. “Every recovering addict knows that you want to kind of stay away from things that were traumatizing in your life,” Odom says in an interview with USA Today.The 46-year-old, who has been sober since January 28, appreciates the opportunity to voice his thoughts, but revisiting the traumas and misdeeds in interviews comes at a cost.(His present companion has not been confirmed.) “And I attempt to get out of it, but the story keeps pulling me back in.But I know I’m bigger than this scenario, and I aim to help a lot of others by sharing my story. Not just via the story, but in everyday life, we may all conquer addiction.”

Lamar Odom believes a day at a Nevada brothel might be ‘a hit,’ but is concerned they may ‘want to finish the job

On Tuesday, Oct. 13, 2015, Odom was discovered unresponsive at a now-demolished brothel about 80 miles outside Las Vegas. “They need to hurry, please,” a person at the Love Ranch urged in a 911 call, “because he’s got blood hanging out of his nose and white stuff coming out of his mouth. They can’t wake him up.”Odom spent nearly three months rehabilitating at Cedars-Sinai Medical Center in Los Angeles. He claims he had 12 strokes and six heart attacks, but he eventually overcame doctors’ predictions that he would never walk or speak again.At the time of the event, Love Ranch staff told the Nye County Sheriff’s Office that Odom had used cocaine the day before and taken many sexual performance-enhancing tablets. However, Odom says he did not overdose on cocaine. “It was like a hit,” Odom describes what happened at the Love Ranch. “Obviously, they missed. I’m not sure if they want to finish the task.

Kobe Bryant advised Khloe Kardashian to undergo high-risk surgery, which had a 10% chance of success

In the documentary, Kardashian discloses that Odom’s lungs collapsed after his hospitalization. According to the host of the “Khloe in Wonder Land” podcast, Odom’s medical staff urged him to have surgery with a 10% chance of success or risk death on the operating table.

Lamar Odom said recalling the past is ‘like swimming in a quagmire of trauma

“Odom’s former Lakers colleague, the late Kobe Bryant, “helpedme make the choice to get the surgery,” Kardashian says in “Untold.” “We got his lungs to function, and he did not die. But he went into a coma.

Lamar Odom and KKhloeKardashian haven’t communicated, despite her participation in the documentary

Odom says he hasn’t spoken to or seen Kardashian, whom he divorced in 2016, since their televised reunion for Hulu’s “The Kardashians” in February 2025. Their meeting was occasionally unpleasant and tense. Kardashian responded to Odom’s overt friendliness with uneasy sentiments about their turbulent past.”To me, it didn’t really go well,” Odom admits. “It felt like she was on attack mode, but I can’t really invalidate her feelings, and I won’t. I nearly felt sorry for her as I walked away.Although I know she’s fine and has children (True and Tatum Thompson, with ex Tristan Thompson), I appreciate the pain I caused her.

New in iOS 26.5: Notification Forwarding and Apple Intelligence in China

Posted on by
Reply

The first beta of iOS 26.5 has been released, with Apple Intelligence now available to customers in China and notification forwarding going beyond the EU.Apple began the iOS 26.4 beta testing cycle on Monday, less than a week after it was fully released to the public. The iPhone software upgrade bears the build number 23F5043g, which is up from 23E246 in the final version of iOS 26.4.

Apple Intelligence debuted in China.

According to many iOS users in China, including former leaker LoveToDream, Apple Intelligence features appear to have become available in the nation.Apple Intelligence first became available to customers in the United States with the iOS 18.1 upgrade. Apple eventually added support for regions and languages outside English. Users in China, however, will not obtain the AI-powered tools as rapidly.Apple Intelligence has to partner with a domestic AI company in order to launch in China, and the iPhone maker is said to have chosen Alibaba and Baidu.Throughout 2025, it was widely speculated that Alibaba’s involvement will include the development of a filtering layer for Apple Intelligence. In contrast, the iOS 26.5 developer beta on Monday refers to Baidu’s Wenxin Yiyan model rather than Alibaba’s.In any scenario,

Apple Intelligence customers in China will most likely be unable to access material that their government disagrees with or does not want made public. This effectively symbolizes a censored version of Apple Intelligence that is exclusive to China.While Apple Intelligence is now available to users of Monday’s developer beta, it has to be clear whether its China distribution is linked to the iOS 26.5 upgrade. The AI-powered feature set may also be available to Chinese customers running iOS 26.4 and earlier.

Notification forwarding is now available beyond the EU.

With the iOS 26.3 release, Apple implemented a notification forwarding capability to improve iPhone compatibility with non-Apple smartwatches. Initially, however, the functionality was only available within the European Union.

New in iOS 26.5: Notification Forwarding and Apple Intelligence in China

The new feature, located in the Notifications section of the Settings app, determines whether notifications from an iPhone can be seen on a non-Apple device.Notification forwarding was most likely intended to assure Apple’s compliance with the interoperability criteria outlined in the EU’s Digital Market Act. Essentially, the DMA forces Apple to make certain of its unique capabilities available on other manufacturers’ devices.Apple was similarly obliged to open up the iPhone’s NFC hardware, which aided Apple Wallet competitors. The iPhone maker later made the same capabilities available to developers in the United States, and it appears that notification forwarding will follow suit in iOS 26.5.Monday’s iOS 26.5 beta also allows developers to test end-to-end encrypted RCS communications. This capability has been available for testing since iOS 26.4’s second developer beta, but it has yet to be included in the public release.End-to-end encrypted RCS texting is still only available to developers and anyone who wants to test the technology.

There are no Siri improvements in iOS 26.5 yet.

While the iOS 26 version is most recognized for its Liquid Glass appearance, iOS 26.5 may bring Apple’s long-awaited Siri makeover. According to a February 2026 report, personalization options for the virtual assistant were being tried with iOS 26.5.Siri was expected to receive a significant update with the introduction of Apple Intelligence, which debuted at WWDC 2024. Apple’s virtual assistant was designed to improve in-app capabilities and contextual awareness, which Apple even promoted in ads.While the iPhone maker’s other AI-powered features, such as Image Playground and Writing Tools, were made accessible to the public, the contextually aware Siri was delayed.According to reports, Apple intends to deploy the Siri redesign with iOS 26.5 after failing to do so with the previous iOS 26.4 version. It’s unclear whether Siri will receive an update in iOS 26.5.Overall, based on the first developer beta, iOS 26.5 appears to be a more restrained release. Still, the software has only recently entered developer testing, so Apple has time to enable the much-anticipated Siri improvement later.

US food giant Sysco announces a $29 billion agreement for catering company Restaurant Depot

Posted on by
Reply

Summary:

  • The deal will be financed with $21 billion in new and hybrid debt, with an additional $1 billion on hand.
  • Sysco shares are down roughly 8% in premarket trading.
  • Restaurant Depot shareholders will own approximately 16% of Sysco following the transaction.
  • Sysco suspends share repurchase program amid acquisition

Sysco (SYY.N) will buy catering supplier Jetro Restaurant Depot for $29 billion, including debt, boosting its presence among price-conscious independent eateries.Sysco’s shares, which have a market valuation of $39.2 billion, tumbled almost 8% in premarket trade after the firm announced that it will finance the acquisition with $21 billion in new and hybrid debt, as well as $1 billion in cash and equity.The acquisition would be the latest large deal across consumer-facing industries, following recent merger talks involving companies such as Unilever, Estee Lauder, and Pernod Ricard. Firms are seeking scale to withstand weakening demand and stubbornly increasing costs.

CASH AND CARRY HEFT

Jetro Restaurant Depot, a family-owned business, offers a wholesale cash-and-carry model where clients pay upfront for food, beverages, and takeaway containers. This complements Sysco’s delivery network that serves restaurants, hospitals, and hotels.

US food giant Sysco announces a $29 billion agreement for catering company Restaurant Depot

Sysco and Jetro Restaurant Depot will expand access to affordable, fresh food products and provide more choice and convenience for small independent restaurants and consumers, according to CEO Kevin Hourican in a statement. Restaurant Depot has approximately 166 warehouse locations across 35 U.S. states.Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares, or approximately 16% of the merged company, according to the companies.Last year, US Foods (USFD.N) halted merger talks with Performance Food (PFGC.N), which would have combined the nation’s No. 2 and No. 3 food-service distributors to compete with industry leader Sysco and decrease costs.In June 2015, a US federal judge granted the Federal Trade Commission’s attempt to prevent Sysco’s $3.5 billion acquisition of US Foods.

The regulator said that the agreement would create a behemoth, potentially raising costs on items supplied to national customers.Sysco expects the transaction to increase profits per share by a mid- to high-single-digit percentage within the first year of closing, by the third quarter of fiscal 2027.The corporation has paused share repurchases and confirmed its yearly expectations. Sysco, a supplier of steaks, fillets, and frozen items to fast-food chains like KFC and Subway, upped its full-year profit prediction earlier this year, citing stable demand despite macroeconomic constraints.

MOSI to organize an Artemis II watch party

Posted on by
Reply

On Wednesday, the Artemis II launch will be broadcast live in the Saunders Planetarium at the Museum of Science and Innovation in Tampa.Why it matters: You can witness NASA’s first crewed lunar mission in over 50 years inside an eight-story, 360-degree planetarium, one of the largest cinemas of its kind in America.The watch party coincides with the planetarium’s one-year anniversary and is part of the museum’s larger effort to turn itself into a full-day, multi-visit attraction.Since last April, there has been a film about Artemis II called “To the Moon.”MOSI’s watch party will include a live webcast of the launch and specialists answering audience questions. VIP tickets include food, drinks, and access to the dome’s rooftop and telescope.

MOSI to organize an Artemis II watch party

MOSI

Inside the room: I saw the Artemis II documentary in the planetarium last year, and I can’t describe how fantastic it was.Before the film began, the planetarium showed us the night skies above Tampa, and an attendant used a laser pen to point out constellations and explain their history.I thought the images were excellent (😉).If you go, general admission costs $30 for adults and $15 for children. VIP tickets cost $45, and they are only available to individuals 21 and older.