John Deere Classic: Davis Thompson knows it’s time to complete unfinished business
Heading into the final day of the John Deere Classic, Davis Thompson appears to have some unfinished business. He shot a bogey-free 9-under 62 at TPC Deere Run to take the 54-hole lead at 21 under par. Thompson followed up a strong start of 63-67 with a phenomenal performance. After finishing tied for second at […]
Top business executives call on Biden to end reelection bid: 'Pass the torch'
A group of leading business leaders sent a letter to President Biden on Friday urging him to end his reelection campaign following his poor performance in last week’s debate. As of Friday morning, the letter had been signed by 186 people concerned about the country’s future. “We believe that American democracy itself is at stake […]
Buffett, Berkshire, Chubb | Fox Business
Chubb CEO Evan Greenberg talks about the impact of climate change on insurance premiums on “The Craman Countdown.” When news spread among investors that Warren Buffett’s Berkshire Hathaway had added Chubb to its portfolio in May, the insurance company became a new big name stock. The 25.9 million shares, worth $6.72 billion, boosted the stock […]
UK new car sales hit 1m in first half for first time since 2019; German factory orders fall unexpectedly – business live | Business
Important Events SMMT chief executive Mike Hawes was asked earlier how demand for electric cars was holding up. “It’s OK,” he said, but added that it will be a long and difficult road before electric vehicles hit the mass market. June was okay, but what we’ve seen is that we’ve hit a kind of plateau. […]
Markets rise on US rate cut optimism; Tesla shares jump 10% after better-than-expected car sales – business live | Business
Important Events GSK buys all rights to influenza and coronavirus vaccines from CureVac GSK It has acquired all rights to develop, manufacture and sell mRNA vaccines for influenza and COVID-19 from a German pharmaceutical company. Cure Back. Britain’s second-largest pharmaceutical company will pay 400 million euros upfront and up to an additional 1.05 billion euros […]
Gotti family business ordered to clean up toxic chemicals, pay $210K fine over NYC scrap yard mess
It was an offer they couldn’t refuse. A family-owned business controlled by the Gotti family has agreed to pay at least $210,000 in fines and clean up toxic chemicals that spilled from a scrap yard in Queens. According to the settlement The announcement was made Tuesday by state Attorney General Letitia James. LSM Auto Parts […]
Energy, Business Groups Ask Supreme Court To Stop California From Forcing EVs On The Rest Of America
Numerous trade associations are asking the Supreme Court to review a lower court’s decision that effectively allowed California to push electric vehicles (EVs) on the rest of the U.S. The coalition of plaintiffs are asking the highest court in the land to take up a review of the D.C. Circuit’s dismissal of a previous challenge […]
Tesla, deliveries, Elon Musk | Fox Business
Stephen Gengaro, a managing director at Stifel, said there are “multiple layers” to Tesla and its valuation. Tesla delivered more electric vehicles than expected in the second quarter. The Elon Musk-led company said on Tuesday it delivered 443,956 vehicles during the quarter, down about 4.8% from the same period a year ago. Still, the figure […]
1 Minute Headlines on Business [Jun 27, 2024 (Thu)]
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Monkey business! Meet Ticky, NYC’s viral-sensation tow-trucking primate
It’s a jungle, exactly the kind of scenery she likes. A 3-year-old spider monkey named Tikki made a funny special appearance recently in the Bronx, wearing a diaper while frolicking around his owner’s tow truck. “Everybody wants to take a picture with her,” “Junior,” 40, told The Washington Post on Monday, referring to his lanky […]