The "offshore" yuan traded in Hong Kong surged Monday against the U.S. dollar to its strongest level for 2024 — below 7.1 — before weakening slightly to around 7.18 as of Wednesday afternoon, according to Wind Information. Many trade companies, especially smaller ones, have "currently adopted a strategy...

China's exporters enjoyed the benefits of a weak yuan. Now that's changing and cutting into profits

A major explosion occurred Friday on the containership YM Mobility while docked at the port of Ningbo-Zhoushan in China. Fortunately, no casualties were reported. YM Mobility is operated by Yang Ming and deployed on the Far East to Middle East route (CGX). The company said the cause of the incident is still under investigation but preliminary findings suggest that an explosion occurred in a container loaded with dangerous goods. According to the shipper’s declaration, the container was a reefer used as a substitute for a dry container, without requiring power connection.

Watch: Huge Explosion on Containership YM Mobility at Ningbo-Zhoushan Port

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NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

Sen. Elizabeth Warren sent a letter to Tesla Chairperson Robyn Denholm on Thursday concerning CEO Elon Musk and possible breaches of his fiduciary duty to the company. Warren wants to know whether the board has ever bothered to investigate Musk's use of Tesla resources to benefit his other companies, including SpaceX and xAI.

Tesla's board faces questions from Elizabeth Warren about Musk's corporate 'entanglements'

Chris Pyle spends the entirety of his workdays wearing a white tank top and boxer shorts, sitting in a recliner. It's an unusual setting for a mechanic, but a profitable one. Pyle started answering strangers' questions about their gas and diesel engines on JustAnswer as a side hustle in October 2006.

45-year-old mechanic quit his full-time job for his side hustle—now he makes $14,200 a month: My paycheck is 'very consistent’

BroBible

“Cocaine bear” may have been a viral sensation thanks to the movie of the same name awhile back, but “cocaine sharks” are a real thing that keeps popping up in coastal countries around the world. The latest “cocaine shark” discovery comes in the form of a study conducted from September 2021 to August 2023 and […]
The post Researchers Have Now Discovered ‘Cocaine Sharks’ Off The Coast Of Brazil appeared first on BroBible.

Researchers Have Now Discovered ‘Cocaine Sharks’ Off The Coast Of Brazil

The International Olympic Committee will hand out more than 300 medals over the course of the Paris Games, but it won't hand out any cash. "The Olympics has always supposedly been about striving to be the best, without doing it for financial reasons," said Ben Bloom, a sports journalist who has covered the Olympic Games for over a decade.

Cashing in on the dream: How Olympic athletes make money

Florida State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Uncovering Florida

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

Charles Van der Steene, president of Maersk North America, joins CNBC's Lori Ann LaRocco to discuss growth in Asian ocean freight orders, the U.S. consumer and economy, and the threat of a longshoreman strike at East Coast and Gulf ports in the Fall.

Maersk North America president on the strength of U.S. consumer and shipping outlook

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

In 2023, India surpassed China as the most populous country, and is expected to continue growing over the next several decades. Meanwhile, China’s population peaked at 1.4 billion and then began shrinking. China’s population is projected to decrease to 1.3 billion by 2050 or even 770 million by 2100.

China’s economic death has already been decided

Warren, MI

Stellantis will indefinitely lay off up to 2,450 U.S. plant workers in Warren, Michigan, later this year as it discontinues production of an older version of its Ram 1500 pickup. The company has not announced a vehicle to replace the truck. The layoffs are expected to start as soon as...

Stellantis laying off 2,450 plant workers due to discontinuation of Ram 'Classic' pickup truck

Clement Kwok, CEO of The HongKong and Shanghai Hotels, which operates the luxury Peninsula hotels explains the company's second quarter loss.

Hong Kong is still weak, says luxury hotel operator HongKong and Shanghai Hotels

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

A state of emergency has been declared in Kursk following a Ukrainian incursion into the Russian border region. Around 3,000 residents have been evacuated from the region in southwest Russia. Acting regional Governor Alexei Smirnov said that the "operational situation" in the border areas of Kursk remained "complicated." Thousands of...

3,000 evacuated, state of emergency declared after Ukraine’s raid into Russia

Denver, CO

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Ernie Higa, chairman and CEO of the food company, discusses the outlook for the Japanese yen and its impact on business.

Japanese yen: A range of 130-135 is something 'people can deal with,' says Higa Industries

CNBC's Hugh Son joins 'Squawk Box' with the latest news from JPMorgan Chase.

JPMorgan rolls out AI assistant powered by ChatGPT maker OpenAI

Camden, NJ

Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

Russia President Vladimir Putin on Wednesday accused Ukraine of carrying out what he described as "yet another large-scale provocation" at the Russian border. "As you know, the Kiev regime has undertaken yet another large-scale provocation, delivering indiscriminate fire from various types of weapons, including missiles, at civilian buildings, residential houses, ambulances," he said in a statement posted on Telegram.

Putin accuses Ukraine of 'large-scale provocation' at the Russian border

NewsBreak

Container explodes on cargo ship at China's key Ningbo port

A hazardous goods container exploded Friday on a ship operating in China's Ningbo port, vessel owner Yang Ming Marine Transport Corp. told CNBC in a statement,...

Container explodes on cargo ship at China's key Ningbo port

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