Macy’s shutters stores, Apple’s pivot, Google’s Gemini fail and Tesla’s new model
Ken Fisher, chairman and founder of Fisher Investments, argued during an appearance on “Berney & Co.” that it’s important for investors to keep an eye on global inflation numbers. — S&P 500, Nasdaq set new records.Bitcoin approaches all-time highs — Macy’s closes more than 100 stores across the U.S. — Gemini explosion hits Google — […]
Elon Musk’s X, Samsung partner to send users photos taken from space
James Fishler, Senior Vice President of Samsung Electronics America, announced the company’s latest products on “The Claman Countdown.” Samsung decided to test the camera of its new smartphone Galaxy S24 by sending it into space to take pictures of Earth. X users will have exclusive access to that Snap for a limited time. The electronics […]
Fisker slumps as cash warning sends investors ‘running for cover’
Copenhagen Consensus Chairman Björn Lomborg talks about promoting electric vehicles and its huge impact on the US Shares of cash-strapped Fisker fell nearly 47% on Friday after the company warned of continued concern risks, layoffs and a pause on investments in future projects until it secures a partnership with a manufacturer. did. The company warned […]
US’ ‘Greatest Economic Resource’ Is Declining, And It Could Spell Trouble For The Economy, Experts Say
The steady decline of birth rates in the U.S. creates considerable concerns for the future of the American economy, which relies on a robust working-age population, according to experts who spoke to the Daily Caller News Foundation. Birth rates have steadily declined for a number of years in the U.S. and currently total around 12 […]
Top Jet Manufacturer Agrees To Pay Tens Of Millions After Export Violations Involving China
Boeing reached a settlement on Thursday for the company to pay $51 million in civil penalties after unauthorized technical data was downloaded or transferred by foreigners, including from China, the State Department announced. The settlement is to resolve 199 violations of the Arms Export Control Act and the International Traffic in Arms Regulations, most of […]
NYCB stock plummets as bank replaces CEO, cites ‘material weakness’
Michael Lee, founder of Michael Lee Strategy, and former New York Homeland Security Advisor Michael Balboni discuss Big Tech stocks and commercial real estate. New York Community Bancorp’s stock price fell after the company disclosed a CEO change and internal control lapses. The local bank’s stock price fell by more than 20%. ticker safety last […]
Elon Musk Sues OpenAI, Accuses Company Of Putting ‘Profits’ Over ‘Humanity’
Billionaire Elon Musk is suing artificial intelligence (AI) titan OpenAI for an alleged breach of contract, arguing that the company abandoned its mission to “benefit humanity” and instead chose to become a “de facto” Microsoft subsidiary. OpenAI is the maker of ChatGPT and a partner of Microsoft, which has backed it with billions of dollars. OpenAI is striving […]
WaPo Looks To Hire Theater Critic For Six Figures After Cutting Hundreds Of Jobs
The Washington Post put out a new job posting on their website Wednesday looking to hire a theater critic after the company cut hundreds of employees. WaPo’s job posting states that they are looking for “an exceptional theater critic to be the paper’s leading voice on the artform” in order to “enrich readers’ thinking about […]
Bud Light remains drag on parent company as Dylan Mulvaney hit lingers
Anson Frerichs, former president of operations at Anheuser-Busch, reacts to Bud Light’s Super Bowl commercial. Anheuser-Busch InBev beat revenue expectations in fourth-quarter and full-year 2023 results released Thursday. But nearly a year after forming a controversial partnership with transgender influencer Dylan Mulvaney, the global beer giant continues to struggle with boycotts against its Bud Light […]
Meta Elects Major ‘Disinformation’ Censorship Donor To Board Of Directors
Tech giant Meta has elected liberal billionaire and “disinformation” censorship donor John Arnold to its board of directors, the company announced earlier in February. Meta’s platforms, such as Facebook and Instagram, have engaged in content censorship across various topics, including abortion, COVID-19 and elections. Arnold’s for-profit philanthropy outfit Arnold Ventures has given nearly $14 million […]