Kwan Wei
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
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Recent Articles
Trump Indicates He'll Let Powell Finish Term, Endorses Lower Corporate Tax Rate and Considered Dimon for Cabinet
Broke On: Monday, 15 July 2024Former President Trump indicates he'll let Powell finish Fed term if reelected, endorses 15% corporate tax rate, and considers Dimon for Cabinet. In interview at Mar-a-Lago, Trump discusses economy, Fed policy, inflation, tariffs and praises Dimon's views on his policies. Boeing Agrees to Plead Guilty to Criminal Fraud Charges Over 737 Max Crashes, Faces Potential $687 Million Penalty
Broke On: Monday, 08 July 2024Boeing agrees to plead guilty to criminal fraud charges for concealing information about the 737 Max jetliners' flight-control system implicated in fatal crashes in Indonesia and Ethiopia, resulting in the deaths of 346 people. The deal, which requires judge approval and potential fines up to $243.6 million, comes after Boeing deceived regulators and certified the plane for service despite known issues. Robert F. Kennedy Jr.'s Brain Worm: A Deep Dive into Neurocysticercosis and Naegleria fowleri
Broke On: Wednesday, 08 May 2024Robert F. Kennedy Jr., an environmental activist and potential presidential candidate, revealed having a dead worm in his brain from a past infection with neurocysticercosis - a condition caused by tapeworm larvae in the brain. This revelation highlights the potential health risks of brain parasites like tapeworms and Naegleria fowleri, which can cause neurological conditions or death. US Consumers Trading Down: McDonald's, Starbucks, and Other Major Brands Report Inflation Impact on Sales
Broke On: Wednesday, 01 May 2024US consumers are adopting a cautious approach to spending due to inflation, with major food corporations like McDonald's and Starbucks reporting declining sales and increased price sensitivity. Disposable income declines have put pressure on quick-service chains, leading to menu price hikes that hurt demand. Some companies, such as Domino's Pizza and Burger King owner Restaurant Brands, have managed to thrive through loyalty programs and promotions. Tesla Announces Price Cuts Amidst Declining Sales and Intensifying Competition
Broke On: Tuesday, 23 April 2024Tesla cuts prices for its models in China, Europe, and the US to match production with demand and stay competitive amid increasing pressure from Chinese automakers like Li Auto and BYD. The price reductions range from $1,930 to $4,144 per vehicle. Trump's Social Media Company Faces Financial Uncertainty
Broke On: Monday, 01 April 2024Truth Social, the social media company founded by former President Donald Trump, is facing financial difficulties with a loss of $58 million in costs last year despite making just over $4 million in revenue. The auditor for the company has raised substantial doubt about its ability to continue as a going concern. Exclusive Look into China's Massive International Hacking Efforts Revealed by Data Leak from State-Backed Hacker Firm iSoon
Broke On: Friday, 16 February 2024A massive data leak from a Chinese state-backed hacking group has revealed that China's intelligence and military groups have been exploiting vulnerabilities in software systems from companies including Microsoft, Apple, and Google to carry out large-scale cyber intrusions against foreign governments, companies, and infrastructure. The leaked documents detail contracts to extract data over eight years targeting at least 20 foreign governments and territories such as India, Hong Kong, Thailand etc. iSoon or Auxun offered a menu of services ranging from $15k for access to private police website in Vietnam to $278k for software that ran disinformation campaigns and hacked accounts on X platform. Russian Forces Close In On Avdiivka, A Gateway To Donetsk And Far-Reaching Consequences For The Region
Broke On: Friday, 16 February 2024Russian forces are closing in on taking control of Avdiivka, a gateway to nearby Donetsk that was seized by Russian-backed fighters and illegitimately annexed by Moscow. Ukrainian President Volodymyr Zelensky is facing significant challenges due to Ukraine's ammunition shortages as he vows to save the lives of his citizens. The US government has warned that Russia could seize Avdiivka if it continues its attacks on Ukrainian positions in the town, which would be a major victory for Russia and have far-reaching consequences for the region. OpenAI CEO Sam Altman Acknowledges Underestimation of Antisemitism in the US
Broke On: Friday, 08 December 2023OpenAI CEO Sam Altman admits he underestimated the extent of antisemitism in the US, particularly on the American left. Billionaire hedge fund manager Bill Ackman has been vocal in his criticism of the rise of antisemitism, particularly on college campuses. Students at MIT have been protesting against the increase in antisemitism on campus.