MIAMI--(BUSINESS WIRE)--Jul 7, 2023--

Apple’s high-yield savings account offered by its partner Goldman Sachs has reached over $10 billion in customer deposits,

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BYD Co., China’s homegrown company that’s now become the world’s hottest maker of electric vehicles, has a warning

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Mike Pence cheered the end of affirmative action in US colleges and universities on Sunday in the wake of the Supreme Court’s ruling outlawing the practice. The former vice president discussed the issue on CBS’s Face the Nation and said that the time for policies aimed at improving outcomes for minority students in general had passed. A candidate for the presidency in 2024, Mr Pence is gunning for the GOP nomination against his own former boss, Donald Trump, and other conservatives like Florida Gov Ron DeSantis and former UN Ambassador Nikki Haley. His comments came as activists and authorities in the higher education field vowed to keep fighting to ensure that diversity would remain a core value in student recruiting. “Fundamentally, do you believe that there are racial inequities in the education system in the United States?” asked host Margaret Brennan. “I really don’t believe there is [racial inequality in US schools]. I believe there was,” Mr Pence said. “I mean, it’s — there may have been a time when affirmative action was necessary simply to open the doors of all of our schools and universities, but I think that time has passed.” His response drew immediate backlash on Twitter, with many questioning whether Mr Pence’s children had attended schools and colleges with diverse student bodies. The three Pence children, Michael, Charlotte and Audrey, attended Purdue, DePaul, and Yale Universities. The Supreme Court ruled on Thursday that universities and colleges may not consider race as a specific factor when choosing to admit individual students. They may, however, continue to take into account how race plays into the individual experiences that those prospective students describe in their applications, such as in personal essay prompts. “[T]he student must be treated based on his or her experiences as an individual—not on the basis of race,” wrote Chief Justice John Roberts for the majority. The suit was brought on behalf of a group of Asian American students who argued that they were discriminated against by admissions staff at Harvard University. Critics of the ruling say it will gut efforts to improve representation of minority students in college classes. College enrollment rates remain noticeably lower among Black and Hispanic students compared to white and Asian American students. In addition, an analysis of US education data has shown that about 40 per cent of Black children attend schools where 90 per cent or more of the students are nonwhite. President Joe Biden responded to the ruling on Thursday after news of the decision broke, telling reporters simply: “This is not a normal court.” Read More Biden reveals ‘new path’ to student debt relief after Supreme Court strikes down president’s plan The Supreme Court risks inflaming the prejudices that America sought to banish In 370 days, Supreme Court conservatives dash decades of abortion and affirmative action precedents Mike Pence claims Biden is rehabilitating the Iran nuclear deal Trump returns to campaign rallies, draws thousands to small South Carolina city ahead of July 4 Biden blames GOP for student loan ruling as 2024 political consequences loom

By Alvise Armellini, Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Italy's government said on Friday it had taken steps to

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As mayor of Mexico City, a job she held until June, Claudia Sheinbaum rarely let her attention to

The asset management unit of JPMorgan Chase & Co. has launched two new exchange-traded funds tied to Paris-aligned

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Someone could soon be at risk of dying or being injured by a falling satellite every other year, according to a new report. By 2035, if SpaceX’s Starlink space internet satellites continue to grow in number, then they some 28,000 pieces of them will be falling from the sky each year, according to a report from the Federal Aviation Authority. The chance of one surviving its fall to the ground and injuring or killing someone would be 0.6 per year, it said – which would make it likely to happen once every two years. They could even pose a risk to aircraft, it said. The probability of an aircraft being downed by a satellite would be 0.0007 per year by 2035, the report claimed. The report was commissioned amid increasing concern about falling space debris, and the vast collection of material that has been put into space in recent years. Companies such as SpaceX are launching more and more satellites each years, and experts have warned that there is a danger of collisions both in space as well as on the ground. The new report aimed to evaluate the risk posed by that falling space debris. It also suggests that some of the danger could be limited with more regulation. But it notes that the FAA does not have any power over launches that happen outside of the US. As with many of the problems in space, the world currently lacks an international approach to space debris, new satellites and the dangers that those objects might pose. The report primarily looked at the constellation of satellites that have been launched and are planned by SpaceX, for instance. The company has launched 5,000 such satellites already, and plans to increase that dramatically, and SpaceX represents over 85 per cent of the risk posed to people on the ground, the FAA’s report said. But it did not look at other networks of satellites planned in other countries. Recent reports have suggested that China is planning its own huge constellation of satellites that will also offer their own space internet, named Guowang, for example. SpaceX has said that the analysis used to calculate the number is “deeply flawed” and based on false assumptions about the danger posed by its satellites. The company’s satellites are more likely to burn up on entry than the report assumed, the company’s principal engineer David Goldstein wrote in a letter to the FAA, according to a report from Space News. Read More PlayStation announces brand new version of the PS5 ChatGPT founder says bitcoin is ‘super logical’ next step for tech Google to trial AI in UK traffic light systems to reduce stop-and-go emissions