Author: News Room

Elon Musk’s X has accused a group of major advertisers of antitrust violations in a new lawsuit claiming the group conspired to “boycott” advertising on the platform. The lawsuit claims an influential ad industry group organized “to collectively withhold billions of dollars in advertising from Twitter” because the group was concerned that the platform had deviated from brand safety standards after Musk’s acquisition in late 2022. The group is the Global Alliance for Responsible Media, also known as GARM, a voluntary ad-industry initiative run by the World Federation of Advertisers that aims to help brands avoid having their advertisements appear…

A Pakistani national with ties to Iran was charged in a foiled plot to assassinate U.S. government officials on American soil, the Department of Justice said Tuesday.Former President Donald Trump was one of the potential targets of the plot by Asif Merchant, who was arrested on July 12 in Texas before any attacks could be carried out, a senior law enforcement source told NBC News.Merchant unwittingly coordinated with a confidential law enforcement source, who put him in touch with two more undercover agents purporting to be hitmen, the DOJ said.Trump was nearly killed at a presidential campaign rally one day…

Check out the companies making headlines in midday trading. Airbnb — The online booking company plunged 13% after second-quarter earnings missed Wall Street estimates. Airbnb reported earnings of 86 cents per share, while analysts polled by LSEG were looking for 92 cents. The company also said it’s seeing signs of slowing demand from its U.S. customers. Reddit — Shares ticked down 2% despite the company’s second-quarter results beating Wall Street estimates on the top and bottom line. The social news company reported better-than-expected daily active user metrics. Reddit also issued its third-quarter revenue outlook, calling for $290 million to $310…

Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.625% as of July 17, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is also unchanged from yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

Did you know more people turn 65 each day in America than are born? And by 2030, there will be more people over 60 than those under 18? This generation of “elders” in the developed world is “the longest lived, wealthiest, healthiest, most highly educated, and largest percentage of elder population in history,” says John Izzo, life coach and author of The Five Secrets You Must Discover Before You Die. For about 10 years, I have been interviewing thought leaders about life and work wisdom. I am also particularly concerned with what the “largest percentage of elder population” will leave…

Several US personnel were injured in a suspected rocket attack Monday against US and coalition forces at Al-Asad Airbase in Iraq, a US defense official said. “We can confirm that there was a suspected rocket attack today against US and Coalition forces at Al-Asad Airbase, Iraq,” the official said. “Initial indications are that several US personnel were injured. Base personnel are conducting a post-attack damage assessment.” The attack comes amid extremely high tensions in the Middle East, as the US has been bracing for Iranian retaliation against Israel over the assassination of Hamas political leader Ismail Haniyeh in Tehran last week.…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseIranian president Masoud Pezeshkian said on Monday that Tehran would “definitely” respond to Israel in retaliation for the assassination of Hamas’s political leader Ismail Haniyeh.“The Islamic republic of Iran is in no way seeking to expand the scope of war and crisis in the region, but this regime [Israel] will definitely receive a response for its crimes and insolence,” Pezeshkian said during a meeting with Russia’s security council secretary Sergei Shoigu. His warning came a day after US secretary…

Ajinomoto Co., Inc. (OTCPK:AJINY) Q1 2024 Earnings Conference Call August 5, 2024 4:00 AM ET Company Participants Masataka Kaji – GMTaro Fujie – Director, Representative Executive Officer, President and CEOEiichi Mizutani – Finance and IR Conference Call Participants Hiroshi Saji – Mizuho SecuritiesTakashi Miyazaki – Goldman SachsNaomi Takagi – SMBC Nikko SecuritiesManabu Sumoge – Okasan SecuritiesRei Ihara – UBS SecuritiesMakoto Morita – Daiwa Securities Operator Good evening, despite your busy schedule, thank you very much for your participation to the Ajinomoto Group’s Financial Results for Q1 of FY 2024 Conference Call. This is Pat from IR office. I’m the moderator.…

Google has violated US antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of dominance. “After having carefully considered and weighed the witness testimony and evidence, the court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly,” US District Judge Amit Mehta wrote in Monday’s opinion. “It has violated Section 2 of the Sherman Act.” The decision by the US District Court for the District…

We are buying 70 shares of DuPont at roughly $78.14 and 85 shares of Wells Fargo at roughly $52.12. Following the trades, Jim Cramer’s Charitable Trust will own 1,385 shares of DD, increasing its weighting to 3.5% from 3.3%, and 2,365 shares of WFC, increasing its weighting to 4.00% from 3.85%. We’re nibbling on stocks again Monday afternoon to take advantage of the fear and volatility in the markets. It’s probably too soon to count on the S & P 500 Short Range Oscillator — our trusted indicator of how to act during big upswings or huge downdrafts in the…