Tesla stock falls 8% as growing competition squeezes profits
Tesla shares fell more than 8% in premarket trading on Wednesday after Elon Musk’s electric car maker reported a second consecutive quarterly loss, raising concerns that increased competition is hurting sales and profit margins. The Austin, Texas-based company said on Tuesday that sales at its automotive division fell 7 percent in the three months ending […]
Olympic Gymnast Withdraws From Competition After Drinking Some Booze, Smoking A Little
Japan Gymnastics Association Secretary-General Kenji Nishimura said at a July 19 press conference that 19-year-old Miyata Shoko, captain of Japan’s Olympic gymnastics team, withdrew from the Olympics on Friday due to allegations of smoking and drinking. CNN reported that Miyata’s actions violated the Japan Gymnastics Association’s (JGA) code of conduct. report. “Both sides held discussions […]
Teachers’ Unions — Killing the Competition
Estimated Reading Time: 4 minutes Suppose “New Burger” (a new chain of burger joints) opened to great reviews – perhaps something that is not very surprising. What would be surprising is if McDonald’s decided it was going to throw all of its massive resources at New Burger to kill it off. If McDonald’s made charges […]
Dream star Allisha Gray makes WNBA history with wins in skills competition, 3-point contest
Atlanta Dream star Alisha Gray made league history on Friday night by becoming the first player in league history to win both the skills competition and the 3-point contest. Gray completed the skills course in the first portion in 31.2 seconds, then finished in 32.1 seconds in the final, holding off Phoenix Mercury shooter Sophie […]
Sky’s Angel Reese sinks half-court shot in friendly competition at WNBA All-Star practice
Practice for the WNBA All-Star Game turned into a friendly competition between some of the league’s best players, including Angel Reese and Caitlin Clark. Reese and Clark were practicing with the other All-Stars at the Footprint Center the day before the game against Team USA. At the end of the practice, Reese and Clark faced […]
First Horizon CEO talks regional bank competition after earnings miss – CNBC
After First Horizon reported weaker-than-expected profits on Wednesday morning, the regional bank’s CEO, Brian Jordan, told CNBC’s Jim Cramer that tough competition in the industry could continue through the rest of the year. “Competition is increasing. Money market and CD deposit rates are becoming very competitive,” Jordan said. “We’re seeing a lot of special rates […]
Biden bailout: Democrats coordinate to remove competition from the ballot
Democrats know President Joe Biden doesn’t stand a chance against former President Donald Trump, but they will stop at nothing to win in November. While the legacy media, Democratic politicians, and even celebrities such as George Clooney are working to push Biden out to make way for his replacement, Democratic National Committee hacks such as […]
Students from war-torn countries compete in U.S. rocketry competition
On a humid, overcast day in Plains, Virginia, an hour from the nation’s capital, a team of middle school students aimed for the stars as they competed in the American Rocket Challenge, the world’s largest student rocket-building competition. The competition is sponsored by the Department of Defense, NASA, the Federal Aviation Administration, and major U.S. […]
Joey Chestnut shows no rust as he downs 57 hot dogs in competition at Fort Bliss
Competitive eater Joey Chestnut was booted from the Nathan’s Famous Hot Dog Eating Contest on Thursday because of his ties to another brand, and was nowhere to be seen in New York’s Coney Island. A few days before the competition, with the fence still damaged, Chestnut took his talents to Fort Bliss, Texas, for the […]
In food competition, grandfather picks wife as winner over grandkids: ‘Weird’
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