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Telstra says it needs to cut costs to keep investing in infrastructure and innovation in an \
⏲ 1:15 👁 4.9M
$20 “Ultimate Endless Shrimp” may have brought on financial ruin for Red Lobster. The company made the offering permanent last year. Well, it brought in customers alright. CNN reports the company claimed an $11 million operating loss. Veuer's Elizabeth Keatinge has more.
⏲ 0:43 👁 14.3M
MAIB Report: Grounding of the roll-on/roll-off passenger ferry Alfred at Swona Island, Pentland Firth, Scotland on 5 July 2022<br/><br/>Report on the investigation of the grounding of the roll-on/roll-off passenger ferry Alfred at Swona Island, Pentland Firth, Scotland on 5 July 2022.<br/><br/>Summary:<br/><br/>At 1400 on 5 July 2022, the UK registered roll-on roll-off passenger ferry Alfred grounded on the east coast of Swona Island, Pentland Firth, Scotland. The impact caused injuries to 41 passengers and crew, and damage to Alfred’s port bulbous bow and almost all the vehicles being transported on board. The vessel subsequently refloated on the rising tide and continued to St Margaret’s Hope under its own power later that afternoon; there was no pollution, but the vessel was withdrawn from service for repairs.<br/><br/>The key safety issues identified were:<br/><br/>Routinely passing too close to land.<br/>Fatigue led to loss of awareness at a critical point in the vessel’s passage.<br/>Lack of assurance that procedures were being followed.<br/>Safety recommendations:<br/><br/>Recommendations have been made to the Maritime and Coastguard Agency to:<br/><br/>ensure that passage plans are available during inspections/surveys; issue guidance to the UK domestic passenger fleet on the need to secure heavy objects;<br/>to review the general exemption issued to UK domestic passenger vessels that removes the requirement for them to carry voyage data recorders.
⏲ 0:16 👁 24.8M
Grape growers in South Australia’s Riverland have united to reject an offer to sell part of their contracts from one of Australia's largest wine companies. The offer aimed to assist people exiting the industry amid a global oversupply, but growers say it wasn't enough to help them transition.
⏲ 1:44 👁 825K
Major layoffs have begun at Pixar, the animation studio behind hits franchises like 'Toy Story,' 'The Incredibles' and 'Finding Nemo.' The Hollywood Reporter has learned that leadership at the storied company that was bought by Disney in 2006 and brought viewers films like 'Up' and 'Coco' will notify employees of the reductions today. The long-expected restructuring will be the biggest in Pixar's history, although top leadership isn't impacted. Approximately 14 percent of Pixar's workforce, or around 175 employees, will be let go. Before the reductions, approximately 1,300 people worked at the animation studio.
⏲ 1:33 👁 10.3M
Keir Starmer says his government would set up 'Great British Energy', a publicly owned energy company to invest in clean UK power. He says this 'ought to bring down household bills by about £400'. Source: Good Morning Britain, ITV
⏲ 1:12 👁 300K
Scott Pomeroy, CEO of XTI Aerospace, Inc., was recently a guest on Benzinga's All-Access.<br/><br/>XTI was founded with the vision of bringing to market an advanced technology aircraft that combines the speed, range and comfort of a fixed-wing airplane with the convenience of vertical takeoff and landing. With fast point-to-point air travel over long distances, the TriFan 600 fulfills that vision. It will hopefully save passengers hours of total trip time on almost every trip by eliminating the need to travel on the ground to and from an airport. You'll be able to take off and land wherever it's safe and legal.
⏲ 12:53 👁 380K
Some injured passengers from a Singapore Airlines flight hit by extreme turbulence remained in a Thai hospital on Wednesday (May 22), while others who were able to continue their journey to Singapore recounted the harrowing experience that left at least one man dead and forced the airline's CEO to apologize on behalf of the company. - REUTERS
⏲ 2:39 👁 790K
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