It’s the end of a suspense that lasts almost two weeks. Two weeks that seemed like an eternity in Elon Musk’s world. After having dominated almost all conversations in business circles since the beginning of the year, the richest man in the world had suddenly become silent since June 21, the date of his last…
Share to FacebookShare to TwitterShare to LinkedinTopline A highly watched economic indicator with a good track record in predicting recessions cut its forecast for second-quarter gross domestic product growth this week, implying the nation has fallen into a technical recession despite economists widely calling for a return to growth in the second quarter. After weak…
Jeff Greene The Palm Beach Post/Zuma Press/Alamy Jeff Greene, who made his first fortune shorting subprime mortgages during the Great Recession, sees trouble ahead for real estate and no relief for crypto or tech stocks. By Giacomo Tognini During the last major recession from 2007 to 2009, a little-known entrepreneur named Jeff Greene made billions…
At a news conference following the NATO summit in Madrid, President Biden urged the Senate to change its filibuster rule to allow a vote on legislation to protect abortion rights. He also said he would take executive action after the Supreme Court overturned Roe v. Wade. Watch his remarks.
The Forest Park Police Department is warning residents of a local increase in car thefts of Kia and Hyundai brand vehicles, similar to instances reported in other cities across the country.The thefts are mainly of Kia cars newer than 2011 and Hyundai cars newer than 2015.Police said the theft of these types of cars has been…
Pfizer (PFE) – Get Pfizer Inc. Report said Thursday that it’s submitted a new application to the U.S. Food & Drug Administration seeking formal approval for the sale of its Covid oral treatment Paxlovid. Pfizer said the New Drug Application (NDA) request would apply to patients who are at ‘high risk’ in terms of progressing to…
Walt Disney Co. (DIS) – Get The Walt Disney Company Report theme parks occasionally shut down popular rides and attractions for extended periods of time for repairs, refurbishment and for construction projects. Disney’s Hollywood Studios in Orlando is scheduled to reopen its Star Wars Launch Bay attraction on July 17 after closing during the covid…
Elon Musk has many titles even if he hates honors. He is the chief executive officer of Tesla (TSLA) – Get Tesla Inc. Report, an “It company” whose name is associated with innovation. Musk prefers to call himself Technoking, a catch-all title he chose as a joke to show that titles mean absolutely nothing, as he…
© Reuters. FILE PHOTO: Japan’s new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on Tuesday that it was “a little difficult” at present to confirm the definite…
© Reuters. FILE PHOTO: People shop at market stalls, with skyscrapers of the CIty of London financial district seen behind, in London, Britain, January 15, 2021. REUTERS/Toby Melville/ LONDON (Reuters) – The British public’s expectations for inflation in future years receded this month to the lowest level since January, a survey showed on Monday in…
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