Author: News Room
Not too long ago, one of my teammates and I talked about watching Alone, a series that follows ten experienced contestants as they attempt to outlast each other in a wilderness environment, foraging, hunting, fishing, building shelters, and relying on their survival skills. Each participant has to film themselves, and whoever is able to last the longest wins prize money. I remembered a season set in Patagonia and a contestant who was an excellent hunter, gatherer, and food collector. After fishing successfully, he smoked his catch and started stockpiling stores. He was building up his resources to spend 60, maybe…
The Nevada Green Party on Friday asked the US Supreme Court to weigh into an election dispute with potentially significant implications in the presidential battleground, asking the high court to pause a state court ruling that would keep candidate Jill Stein off the ballot. Green Party candidates were “ripped from the ballot,” according to the emergency appeal and “Nevadans who would vote for them in this election are robbed of the opportunity to do so.” The Green Party is being represented by Jay Sekulow, one of former President Donald Trump’s personal attorneys. The emergency appeal follows a decision from Nevada’s…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A strike at Boeing has cast doubt on the company’s production goals for the 737 Max and raised the spectre of a cash crunch, as its chief financial officer on Friday said the company would fight to preserve its investment-grade credit rating.Boeing’s investment-grade rating is crucial to its operations and losing it would be a serious blow, meaning the company could face a punishing increase in borrowing costs given a debt load that has swelled to $53bn. The options to keep it…
Last month, I wrote an article praising Signet Jewelers Limited (NYSE: SIG) as a strong earner and market leader trading at a fairly low price. The stock has gone up quite a bit since I wrote that piece, and is going up again today on news of a strong earnings release for the second quarter. It beat estimates and importantly included full-year guidance, which was higher than the consensus estimates suggested. Today I want to revisit Signet Jewelers, following the new earnings announcement, to see whether the stock is still worth considering for investors, trading as it does well below…
Right-wing media outlets are ignoring Donald Trump’s embrace of far-right conspiracy theorist Laura Loomer, shielding their audience from the uproar amid condemnation from top Republicans. In recent days, Donald Trump has mingled with Loomer, the radical conspiracy theorist who has a well-documented history of pushing racist, sexist, Islamophobic and homophobic hate. Loomer has been banned from most social media platforms for her vile rhetoric, though her account was restored in 2022 on X after Elon Musk, himself an avid Trump supporter, purchased the platform. Loomer’s presence with Trump at this week’s presidential debate and 9/11 memorial ceremonies has drawn widespread attention from mainstream news outlets, with major publications and television outlets spotlighting…
Billionaire Jared Isaacman made history in space — again.On Thursday, Isaacman spent 10 minutes floating in the vacuum of space outside of a SpaceX capsule. Isaacman, the billionaire CEO and founder of payment processing company Shift4 Payments, is part of the first-ever all-civilian spacewalk — three years after he led a 2021 SpaceX mission as commander of the world’s first all-civilian mission to reach orbit.Both private space missions were funded for undisclosed sums by Isaacman, who boasts an estimated net worth of $1.9 billion, according to Forbes.”I decided I was going to go to space when I was 5 [years…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Comeback continues: The S & P 500 is rallying for the fifth session in a row, up nearly 4% this week and almost completely erasing all of last week’s brutal sell-off to start September. Tech stocks are the big winner, with semiconductor companies such as Nvidia , Broadcom and Advanced Micro Devices all posting double-digit percent gains this week. All three chipmakers are Club holdings. Jim Cramer said earlier Friday that…
It’s that time of year when many of those who have Part D prescription drug coverage experience sticker shock. Here is a sample of what’s happening with my clients. Can this be right? The $141 copay for my expensive eye drops just shot up to $520 and the costs for my other drugs dropped to between $0.75 and $4. Did I pick the wrong plan? After meeting the plan’s deductible, I have been paying $11 for one medication. This month, I got a bill for $201. Yes, unfortunately, these costs are likely correct and no, you probably didn’t pick the…
The Justice Department is expected to soon announce criminal charges against the Iranian government-backed hackers who carried out a hack-and-leak operation targeting former President Donald Trump’s campaign, four sources familiar with the matter told CNN. The criminal charges against the Iranian hackers could be unveiled as soon as next week, two of the sources said. The Iranian hackers stole internal Trump campaign documents and shared them with news organizations in an attempt to sow discord during the presidential election, according to US officials. The hackers breached the email account of longtime Trump ally Roger Stone to target campaign staff in…
US regulators have identified lapses in Wells Fargo’s anti-money laundering and financial crimes risk management practices, the latest compliance issue for the US bank. The Office of the Comptroller of the Currency, one of the main US banking regulators, said on Thursday that Wells, the fourth-largest US lender by assets, had agreed to take remedial steps. “We have been working to address a substantial portion of what’s required in the formal agreement, and we are committed to completing the work with the same sense of urgency as our other regulatory commitments,” Wells, said in a statement. Shres in the bank, which remains…
