Author: News Room
Chicago will host the 2024 Democratic National Convention, the Democratic National Committee said Tuesday, bringing the event back to the city for the first time since 1996. The Democratic Party seems to be closing ranks behind President Joe Biden as its 2024 nominee, although Marianne Williamson and Robert F. Kennedy Jr. are mounting long-shot challenges. The president said Monday that he’s “planning on running” but wasn’t prepared to make a formal announcement yet. Read: As Biden says he’s ‘planning on running,’ here are the potential 2024 Republican candidates. “The Midwest reflects America and will give Democrats an opportunity to showcase some of…
Upsets and exciting finishes are also the norms when March rolls around. But there is also a dash for head coaches to cash in on their NCAA Tournament successes — or programs to rethink the leaders of failed teams. Look no further than the Big East to see the extent of the men’s basketball coaching carousel. On Monday, Ed Cooley left his head coaching bench from one Big East school, Providence, to conference rival Georgetown after firing Patrick Ewing. Less than two hours later, St. John’s announced they would hire Rick Pitino from Iona. It will be Pitino’s third coaching role in…
Moderna said Tuesday an independent data board has deemed it too soon “to declare early success” in one of the biotech’s flu vaccine trials, due to a lack of sufficient cases. The board recommended the company continue testing the mRNA vaccine. Moderna (ticker: MRNA) gave several other updates on its mRNA portfolio of vaccines Tuesday, including candidates against Lyme disease—the biotech company’s first bacterial vaccine. Investors, however, appeared to focus on the flu vaccine news, despite other positive updates. Moderna stock slid 5.8% to $150.85 Tuesday after the company’s new release. So far this year, the stock has lost about…
Chicago will host the 2024 Democratic National Convention, the Democratic National Committee announced Tuesday. The convention will be held from August 19-22, 2024. In its announcement, the DNC called the Midwest a “critical Democratic stronghold” that helped President Joe Biden win the 2020 presidential election. “I am thrilled that Democrats will take the stage in Chicago to share our party’s vision and values,” DNC Chair Jaime Harrison said. “The Midwest reflects America and will give Democrats an opportunity to showcase some of President Biden and Vice President Harris’s most significant accomplishments for American families.” Chicago beat out the other two…
Glencore has added a cash sweetener to its hostile takeover bid for Teck Resources as it tries to woo the Canadian miner, whose chief reiterated the board’s rejection of the deal.Under the revised proposal, the FTSE 100 mining group has offered to pay a cash element that could amount to $8.2bn to buy Teck shareholders out of their stake in a coal-focused spin-off, while also granting them a 24 per cent stake in a separate industrial metals business that would be created off the back of the deal. The revised offer allows investors to choose cash instead of shares or…
Intro On the most recent Q4 earnings call, Markforged (NYSE:MKFG) CEO gave some upbeat comments regarding the trajectory of Markforged as a whole. This company operates in the additive 3D manufacturing space where the company’s cloud-based AI-powered platform (Digital Forge) facilitates seamless connectivity between materials & software resulting in laser-fast manufacturing results. The CEO’s clear message to investors was that by investing aggressively today, Markforged has the capability to generate outsized returns going forward. Unfortunately, post the announcement of the company’s fourth-quarter earnings (Where the negative EPS of $0.07 actually beat expectations), the market was not as enthused with management’s…
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Taylor and Cameron Winklevoss, the billionaire twins behind the US-based crypto exchange Gemini, have dipped into their personal savings to support their company amidst strong headwinds.The twins reportedly made a $100 million loan to Gemini, after the platform has endured a crypto bear market that has lasted for more than a year, combined with several major setbacks.The loan was made by the well-known twins after efforts to secure funding from outside investors failed, Bloomberg reported on Monday, citing “people familiar with the matter.”According to the sources, the efforts to secure funding were still on an informal stage, and the two…
On Tuesday, the fast casual Mexican chain unveiled an all-electric restaurant design that is completely powered by renewable energy, such as solar and wind. That means the gas grills that have become the focal point for walk-in customers are being replaced by electric systems, which are intended to help the chain achieve its goal of cutting greenhouse gas emissions in half by 2030. Noticeable changes in this new store format include rooftop solar panels, electric vehicle charging stations and biodegradable flatware and bowls. Other changes include cactus-leather chairs and artwork made from recycled rice husks. Chipotle (CMG) will tweak the…
When I was born in 1922, the average life expectancy in the U.S. was 58 years old for men, and 61 years old for women.So as a 100-year-old practicing medical doctor and neurologist, patients often ask me for tips on how to stay healthy, happy and mentally sharp.Good genes and a bit of luck can give you a head start, but here are some lifestyle rules I have lived by over the past century:1. I don’t spend my days retired.I’ve been working for more than 75 years, and was even named as the world’s oldest practicing doctor by the Guinness…
