China wins Paris Olympics’ 1st gold medal; defeat South Korea in shooting competition

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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 […]

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 […]