Business

The deal represents a joint venture with the New York financial firm Kennedy Lewis Investment Management and puts to rest, at least temporarily, a long saga of debt related to the hotel.

Traffic through the Strait of Hormuz appears to have declined substantially as compared to conditions before the war with Iran started earlier this year.

What happens when two distinctly American icons, fast food and cars, collide? The drive-thru, naturally. Those two massive sociological forces had already joined up, Voltron-style, early in the 20th century with the development of the drive-in restaurant. Tha…

Interim CEO Daniel Lewis told numerous people at the firm that he planned to spend the week in the South of France, according to well-placed sources.

The driver who was allegedly involved in the fatal road crash at Nalulanda along Entebbe Road that claimed the lives of two journalists has been arrested. Kigozi John Baptist was arrested in a joint inter-agency operation following the crash that killed Sanyuka TV producer and trade marketing officer Badru Kasirye and digital content creator Isaac […] The post Driver arrested over fatal Entebbe Road crash that killed

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Sandisk traded higher, with several Wall Street firms responding positively to the company’s long-term revenue growth plan.

Airline-backed venture aims to develop a hybrid-electric commercial aircraft.

NatureBest Precut & Produce LLC, with facilities located in Missouri City, TX and Houston, TX is voluntarily recalling products containing jalapeño peppers supplied by Coast Citrus Distributors due to the potential for contamination...

By Brian Mugenyi mugenyijj@gmail.com KAMPALA, UGANDA — The future of Uganda’s transport sector may not arrive with the familiar roar of an internal combustion engine. It may arrive almost silently. A boda boda rider, Frank Mawejje, swaps a depleted battery instead of queuing at a petrol station. An electric bus pulls smoothly away from a […] The post Electric Bodas to New-Energy Buses: How UTA and Frank Mawejje Are P

A new funding model could reshape the AI buildout

Judge warns pro se litigants are using chatbots wrong and getting desperate.

The University of Michigan index dropped to 51.0 from 55.2 in July, with consumers expecting higher inflation tied to the Middle East conflict

The agency delivered only a fraction of its promised savings, and is being blamed as the country's budgetary issues grow.

KAMPALA — In a strategic move set to redefine parliamentary communications, veteran media practitioner and Red Pepper co-founder Dr. Arinaitwe Rugyendo has been appointed as the Principal Press Secretary (PPS) to the Speaker of the 12th Parliament of Uganda, Rt. Hon. Jacob Oboth-Oboth. The high-profile appointment has sparked widespread acclaim across Uganda’s media and public […] The post Red Pepper Co-Founder Dr. A

Abundant warning signs

Speaker Julie Menin’s e-bike crackdown won’t require registration — even though she previously supported the measure that safety advocates say would hold out-of-control riders acc…

The Justice Department and a US financial regulator are probing transactions around Radiant World, the private firm that has rapidly risen to become one of the world’s largest iron ore traders, according to people familiar with the matter.

“Hefty chunk of non-Iranian crude still getting out, unlike the Iranian crude that isn’t.”

Belgian workers may end up splitting it with charity that owns building

AI is giving the fossil fuel industry a major leg up, a new paper has found, indicating its carbon footprint extends beyond data centers.