Consumers shop in Rosemead, California, on Dec. 12, 2023. Frederic J. Brown | Afp | Getty Images Economic growth likely slowed to its weakest pace in a year and a half to end 2023, possibly setting the stage for a more pronounced slowdown ahead, according to Wall Street economists. The […]
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How chaos in the Red Sea is putting the U.S. Navy to the test
The U.S. Navy is encountering a tenacious threat in the Red Sea. The Iran-backed Houthi rebels have launched wave after wave of low-cost precision weapons at vessels transiting the area, including attacks on U.S. warships themselves. “That’s one of the things [that] the Red Sea sort of demonstrates … we […]
Reid Hoffman pauses Nikki Haley funding after New Hampshire loss, source says
Republican presidential candidate, former U.N. Ambassador Nikki Haley, speaks during a campaign event held at the Alpine Grove Event Center on January 18, 2024, in Hollis, New Hampshire. Joe Raedle | Getty Images Billionaire Reid Hoffman is not planning to give any more money to Nikki Haley‘s candidacy for president, […]
UAW endorses President Joe Biden for reelection over Trump
U.S. President Joe Biden speaks to United Auto Workers members at the UAW’s Community Action Program (CAP) legislative conference in Washington, U.S., January 24, 2024. Leah Millis | Reuters The United Auto Workers union is endorsing President Joe Biden for reelection this year, UAW President Shawn Fain announced Wednesday at […]
Jon Stewart returns to ‘The Daily Show’ — but only on Mondays
Guest Jon Stewart on “The Late Show with Stephen Colbert” on June 17, 2019. CBS Photo Archive | CBS | Getty Images Jon Stewart is returning to “The Daily Show” — but only on Mondays. The comedian helmed the Comedy Central talk show between 1999 and 2015, before passing the […]
British billionaire Joe Lewis pleads guilty to insider trading, securities fraud
British billionaire and Tottenham Hotspur owner Joe Lewis exits the United States Courthouse in Manhattan, following his appearance on insider trading charges, in New York City, U.S., July 26, 2023. Amr Alfiky | Reuters British billionaire Joseph Lewis pleaded guilty Wednesday in New York federal court to securities fraud related […]
Amazon’s Ring will stop allowing police to request doorbell video footage from users
A ‘Ring Stick Up Cam’ is pictured at the Amazon Headquarters, following a launch event, on September 20, 2018, in Seattle. The camera was launched alongside more than 70 Alexa-enable products during the event. Stephen Brashear | Getty Images Amazon‘s Ring will no longer allow police to request users’ doorbell […]
Tesla set to report fourth-quarter earnings after the bell
Elon Musk, chief executive officer of Tesla Inc and X (formerly Twitter) Ceo speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy), on December 15, 2023 in Rome, Italy. Antonio Masiello | Getty Images Tesla is set to report fourth-quarter earnings for 2023 after the bell […]
Chipotle wants to hire 19,000 workers for busy spring season, will offer new financial perks
A “Now Hiring” sign is displayed in front of a Chipotle restaurant on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images Chipotle Mexican Grill hopes to recruit 19,000 new employees to make its burritos and bowls this spring, the company said Wednesday. The company’s hiring target suggests […]
Microsoft briefly crosses $3 trillion in market cap
Microsoft CEO Satya Nadella speaks at the CES conference in Las Vegas on Jan. 9, 2024. David Paul Morris | Bloomberg | Getty Images Microsoft’s market cap briefly surpassed $3 trillion in intraday trading Wednesday after the stock climbed more than 1% and hit around $404 per share. The milestone […]