Business

Business openings, closings, and local economic news.

Ex-Buddhist monk who founded Thai Aids hospice convicted of embezzlement

A former Buddhist monk in Thailand was convicted on Wednesday of misusing donations to a highly praised hospice he established for people with HIV/Aids and given the maximum term of 50 years in prison. Alongkot Poonmook, formerly known as Phra Ratcha Wisutthiprachanat, was forced to leave the...

Katherine Langford

NewBusinessSouth China Morning Post•1h

Nasa releases striking image of dawn on Mars

Nasa has released a striking image of dawn on the Martian surface taken by its Curiosity rover, showing sunlight bathing jagged crags formed billions of years ago as the car-sized vehicle continues to explore Earth’s planetary neighbour. Curiosity landed in 2012 in Gale Crater near the Martian...

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‘He grew up wealthy’: My husband inherited $3 million. He wants a vacation home. I want to save for retirement.

“I keep thinking about giving each child $750,000 toward a house.”

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SpaceX reportedly is looking to raise as much money as the company generates in revenue to buy Nvidia chips

Elon Musk’s SpaceX is in talks with banks and investors to borrow $40 billion to fund a purchase of Nvidia chips, according to a Financial Times report.

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NewBusinessJapan Times•1h

Takaichi meets with Okinawa’s Koja after U.S. Marine’s arrest over murder

The meeting came after the U.S. military in the prefecture paused all operations for two days, a halt that will be followed by a fresh 30-day curfew.

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Josh Brolin sells Atlanta-area mansion for $4 million after slashing price

Actor Josh Brolin has sold his lavish Sandy Springs, Ga., estate for $4 million—a final sale price falling just under $1 million less than the original asking price of $4.999 million.

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Mercedes-Benz Q3 car sales fall 8% as China demand weakness persists, EV sales rise 52%

Oct 7 (Reuters) German luxury carmaker Mercedes-Benz said on Wednesday sales in its core car ‌business continued to fall in the third quarter, declining 8% year-on-year due to challenging ‌market conditions in China. • ⁠Car deliveries fell ⁠to 407,200 units in the July-September period, the...

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