BUSINESS

CELEBRATING INTERNATIONAL LABOUR DAY: HONORING WORKERS RIGHTS AND ACHIEVEMENTS

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International Labour Day, also known as May Day, is a global celebration dedicated to honoring the contributions of workers and commemorating the achievements of the labor movement. Observed on May 1st each year, this day serves as a reminder of the ongoing struggle for workers's; rights, fair wages, and improved working conditions around the world.

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THE E-COMMERCE TRENDS LEADING TO IMPACT ON RETAIL INDUSTRY AND CONSUMERS IN THE USA

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One of the key trends driving the growth of e-commerce is the demand for personalized shopping experiences. With the help of advanced data analytics and artificial intelligence, online retailers can tailor their offerings to individual preferences and behaviors. This level of personalization allows consumers to discover products that align with their interests and needs more effectively, leading to higher levels of customer satisfaction and loyalty.

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RAZER'S MILLION-DOLLAR MASK MISHAP: FTC STEPS IN OVER ALLEGED N95 MISREPRESENTATION

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In a landmark case, Razer Inc. has been ordered to pay over $1.1 million for misleading consumers about the efficacy of its Zephyr face masks, which were advertised as "N95-grade" without proper certification. This decision comes as a significant move by the Federal Trade Commission (FTC) to combat COVID-related health product scams.

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MICROSOFT'S QUARTELY PROFITS SOAR BY 20% AMID AI PUSH

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In a remarkable display of growth and innovation, Microsoft has reported a 20% increase in quarterly profits, a testament to the tech giant's strategic push towards integrating artificial intelligence (AI) into its product offerings. The company's latest financial results highlight a significant rise in profits, reaching $21.9 billion for the quarter, compared to the previous year's $20.1 billion in the same quarter.

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TITANIC’S ANTIQUE, JOHN JACOB ASTOR’S WATCH SELLS FOR £900,000

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Titanic, the legendary ship that met its icy demise in the North Atlantic on April 14, 1912, continues to weave tales of tragedy and courage. Among its passengers was John Jacob Astor IV, a man of immense wealth and influence. Recently, a remarkable artifact linked to Astor surfaced—an elegant gold pocket watch that once graced his waistcoat creates attention after fetching high prices in the relic market.

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COCA-COLA SIGNS $1.1 BILLION DEAL TO USE MICROSOFT CLOUD AND AI SERVICES

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Microsoft Corp. and The Coca-Cola Company have announced a strategic partnership that will last for five years. The partnership aims to align Coca-Cola’s core technology strategy systemwide, foster innovation and productivity globally, and enable the adoption of leading-edge technology.

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THE BATTLE FOR CONTROL OVER CALIFORNIA'S ELECTRICAL VEHICLES FUTURE

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Governor Gavin Newsom has been a driving force behind the push for a greener California. In August 2022, he approved a groundbreaking rule mandating that all new cars sold in the state by 2035 be zero-emission vehicles. This bold move was met with both applause and skepticism.

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PORTRAIT OF FRAULEIN LIESER SOLD FOR $32M

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The Austrian modernist artist started work on the “Portrait of Fräulein Lieser” in 1917, the year before he died, and it is one of his last works. Bidding started at 28 million euros, and the sale price was at the lower end of an expected range of 30-50 million euros.Auctioned off at im Kinsky auction house in Vienna, an unfinished painting by the famous Austrian artist Gustav Klimt has been sold for €30m (£26m; $32m).

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