Japan’s SoftBank logs $5.9B loss as tech investments tumble

( ) -q-24- UNDATED (Correspondent Jeremy House) “e-commerce giant Alibaba.”

Japanese investor SoftBank Group has sunk into a deep loss for the October-to-December quarter.

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TAG: Correspondent Jeremy House reporting. Various uncertainties have slammed Japanese companies recently, such as soaring material costs and rising interest rates.

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VERBATIM: The company was slammed by the global plunge in technology shares. The 783 billion yen net loss for the fiscal third quarter, was a reversal from a 29 billion yen profit a year earlier. SoftBank invests in hundreds of companies, including mobile carrier SoftBank, web services provider Yahoo, vehicle-for-hire company Didi and Chinese e-commerce giant Alibaba.

Biden to deliver State of Union address to divided government

President Biden delivers his State of the Union address tonight. Mr. Biden will highlight legislative accomplishments and some improving economic indicators. But polls show that many Americans feel the country is on the wrong track. Tonight’s Republican response will be delivered by the newly sworn-in governor of Arkansas, Sarah Huckabee Sanders.

Dem Congressman Urges Compromise With GOP On Police Reform

Former President Trump Kicks Off Campaign Events

The former President is kicking off his 2024 campaign with two stops along the East Coast. More from Correspondent Bernie Bennett.

Former President Donald Trump kicked off his 2024 White House bid with a stop Saturday in New Hampshire before heading to South Carolina, appearances in early-voting states marking the first campaign events since announcing his latest run more than two months ago.

Those states hold two of the party’s first three nominating contests, giving them enormous power in selecting the nominee.

Mr. Trump and his allies hope the events will offer a show of force behind the former president after a sluggish start to his campaign. In recent weeks, his backers have reached out to political operatives and elected officials to secure support for Mr. Trump at a critical point when other Republicans are preparing their own expected challenges.

Bernie Bennett reporting.

Satanic imagery was featured at the Grammys again

Satanic imagery was featured at the Grammys again

VERBATIM: The big music awards show took place Sunday night and amongst the performers was Sam Smith, who wore devil’s horns and an all-red costume to sing the song “Unholy”. Last year, rapper Lil’ Nas performed his hit song “Montero”, the video for which includes Nas cavorting with Satan. Critics point out that there have been rock groups that dabbled in satanism for decades, but lately the imagery seems to be coming out in the open — often on network TV. Michael Harrington, SRN News.

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