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Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot
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Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot

SAN FRANCISCO: Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric carmaker to "production hell" four years ago, saying humans were better at certain jobs. My, how times have changed. Musk's Texas company now is floating ambitious plans to deploy thousands of humanoid robots, known as Tesla Bot or Optimus, within its factories, expanding eventually to millions around the world, according to job postings. Buzz is building within the company as Tesla is having more internal meetings on robots, a person familiar with the matter said. Longer term, Musk said at a TED Talk robots could be used in homes, making dinner, mowing the lawn and caring for the elderly people, and even becoming a "buddy" or a "catgirl" sex partner. The robot business eventua...
Goldman’s Apple Card business has a surprising subprime problem
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Goldman’s Apple Card business has a surprising subprime problem

In this article GS Follow your favorite stocks CREATE FREE ACCOUNT watch now The weakest American borrowers are starting to miss payments and default on their loans, and that is showing up at a surprising place: Goldman Sachs. While competitors like Bank of America enjoy repayment rates at or near record levels, Goldman's loss rate on credit card loans hit 2.93% in the second quarter. That's the worst among big U.S. card issuers and "well above subprime lenders," according to a Sept. 6 note from JPMorgan. The profile of Goldman's card customers actually resembles that of issuers known for their subprime offerings. More than a quarter of Goldman's card loans have gone to customers with FICO scores below 660, according to filings. That could expose the bank to higher losses if the economy ...
One dead, 19 missing as boat capsizes off Cambodia
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One dead, 19 missing as boat capsizes off Cambodia

One person died and than 19 are missing at sea after a boat carrying Chinese nationals sank off the coast of Cambodia, an official said Friday (Sep 23). PHNOM PENH: The boat with 41 Chinese people on board got into difficulties off Sihanoukville on Thursday, Preah Sihanouk provincial spokesman Kheang Phearom told AFP. The once-quiet fishing village of Sihanoukville has been transformed by a Chinese investment boom in recent years, with dozens of casinos opening. There have been growing reports of Chinese workers being trafficked or smuggled into the city to work. Kheang Phearom said that as of 7pm (1200 GMT) 21 people have been rescued, and the body of one woman has been recovered from the water. Officials are searching for the others, he said. Provincial police chief Chuon Na...
Queen Elizabeth’s coffin starts journey to final resting place
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Queen Elizabeth’s coffin starts journey to final resting place

"INVINCIBLE" Elizabeth died on Sep 8 at her Scottish summer home, Balmoral Castle. Her health had been in decline, and for months the monarch who had carried out hundreds of official engagements well into her 90s had withdrawn from public life. However, in line with her sense of duty she was photographed just two days before she died, looking frail but smiling and holding a walking stick as she appointed Liz Truss as her 15th and final prime minister. Such was her longevity and her inextricable link with Britain that even her own family found her passing a shock. "We all thought she was invincible," Prince William told well-wishers. The 40th sovereign in a line that traces its lineage back to 1066, Elizabeth came to the throne in 1952, Britain's first post-imperial monarch. She over...
Ireland’s economy is growing solidly — for now. But cost-of-living pressures loom large
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Ireland’s economy is growing solidly — for now. But cost-of-living pressures loom large

A view of the Google EMEA HQ building in the western part of the Grand Canal Docks in Dublin, seen during Level 5 Covid-19 lockdown. On Friday, 22 January, 2021, in Dublin, Ireland. NurPhoto | NurPhoto | Getty Images Ireland's economic growth continued to outpace the euro zone average in the second quarter — but the country is still grappling with the same cost of living and energy security pressures as its neighbours. Government figures show Irish gross domestic product increased by 1.8% quarter-on-quarter, driven by higher consumer and business spending, although it was down markedly from the 6.3% growth posted in the first quarter. Gross national product — which strips out profit from the many multinational companies which are based in the country, and account for 54.8% of its economy ...
What credit score do you need to qualify for the American Express Gold Card?
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What credit score do you need to qualify for the American Express Gold Card?

Beautiful young woman at home in glasses sitting on the sofa using a mobile phone smartphone for online shopping in a store, holding a bank credit card in her hands Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. If you're in the market for a new credit card that offers perks such as higher rewards on dining and grocery shopping, a generous welcome offer and statement credits for dining and ride-sharing services, look no further than the American Express® Gold Card. New cardholders can earn a lucrative welcome bonus of 60,000 Membership Rewards® points after spending $4,000 within the first six months of card membership. And with the American Express Gold Card, you'll earn 4X points for dining at restaurants worldwide — as well as on takeout a...
Save money and enjoy VIP perks with the best credit cards for Uber, Lyft and taxi rides
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Save money and enjoy VIP perks with the best credit cards for Uber, Lyft and taxi rides

Transportation is the second largest expenditure for most Americans after housing, so it's important to make the most of these purchases. While a number of credit cards offer bonus rewards on gas station spending, many individuals commute by other means. Fortunately, as the popularity of ride-hailing apps like Uber and Lyft has skyrocketed over the last decade, many credit card issuers have met cardholders with additional rewards for these transactions. So if you regularly use rideshares or taxis to get around your own city, or while traveling, you may consider signing up for a card that offers bonus points, cash-back or other perks for those purchases. Here are Select's picks for the top credit cards for maximizing Uber, Lyft and taxi rides. Best credit cards for Uber, Lyft and taxi ride...
Star Alliance wants half its airline members to use biometrics by 2025
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Star Alliance wants half its airline members to use biometrics by 2025

MONTREAL : Star Alliance, the world's largest airline alliance, wants roughly half its 26 members to use biometrics technology by 2025, as passenger demand grows for contactless travel and less airport congestion after COVID-19. By increasing the number of airport touchpoints where passengers can use biometrics technology, such as facial comparison which allows someone to use their face as a boarding pass, Star Alliance hopes to reduce processing time through airport security, baggage drop, departure gates and lounges. The group wants 12 to 15 airlines, or roughly double the current number, to either use its biometrics strategy or ensure compatibility, said Christian Draeger, vice president customer experience. In addition to airlines, Star Alliance also hopes the four European airports...
Employment in Q2 recovers to near pre-pandemic levels, but MOM warns of uncertainty ahead
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Employment in Q2 recovers to near pre-pandemic levels, but MOM warns of uncertainty ahead

SINGAPORE: The labour market continued to improve in the second quarter of 2022, with total employment reaching 99.5 per cent of the level in December 2019, before the COVID-19 pandemic, said the Ministry of Manpower's (MOM) Labour Market Report on Wednesday (Sep 14). Resident employment grew to 4.2 per cent above the pre-pandemic level in June. While non-resident employment remained 10 per cent below the pre-pandemic level, it increased significantly from the first quarter of the year following the relaxation of border restrictions. However, the external demand outlook has weakened, given the economic slowdown. Global headwinds, such as the war in Ukraine, inflationary pressures, geopolitical tensions in the region, and the trajectory of the COVID-19 pandemic, mean that the labour marke...
Man stopped by police for behaving suspiciously at train station jailed for having sex videos
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Man stopped by police for behaving suspiciously at train station jailed for having sex videos

SINGAPORE: A man stopped by police officers for behaving suspiciously at a train platform was later revealed to possess illegally obtained videos of himself having sex with women. Malaysian Khoo Ee Seong, 29, was sentenced on Tuesday (Sep 6) to 20 weeks' jail and a fine of S$4,000. He pleaded guilty to four counts of intruding on a woman's privacy with intention to insult her modesty and one charge of possessing obscene films. Another 10 charges were considered in sentencing. The court heard that Khoo was at the platform of Paya Lebar MRT Station on the afternoon of Feb 10, 2019, when officers attached to the Transcom Patrol Unit spotted him behaving suspiciously. They approached Khoo and checked his belongings. They found videos of Khoo having sex with an unknown woman in his two phon...