Month: June 2022
Queen Elizabeth thanked for being ‘still in the saddle’ after 70 years
A general view of the National Service of Thanksgiving at St Paul’s Cathedral, during Britain’s Queen Elizabeth’s Platinum Jubilee celebrations, in London, Britain, June 3, 2022. Dan Kitwood | Pool | Reuters Horse-loving Queen Elizabeth was thanked for being “in the saddle” for 70 years as head of state at a service on Friday to […]
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How the U.S. Space Force plans to police outer space
Outer space is getting crowded, with both commercial endeavors and secretive military projects. And it’s going to be up to the newest United States military branch, the Space Force, to protect American interests there. Space launches in the U.S. have been on the rise, and participation by private companies has increased over the last decade. […]
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House Democrats push Treasury, IRS for repeal of rule blocking state and local taxes cap workaround
Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images Three House Democrats are still pushing for relief on the $10,000 limit on the federal deduction for state and local taxes, known as […]
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Here’s the email Elon Musk sent all Tesla employees about 10% head count reduction
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla CEO Elon Musk said in an email to all employees at the electric vehicle maker on Friday that the company will cut 10% of salaried workers and will instead rely on more […]
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U.S. monkeypox cases have more than doubled over the last week to 20, CDC says
The World Health Organization has said that there is a “window” of opportunity to contain a recent monkeypox outbreak which has seen cases spread across Europe, the U.S. and Australia. Nurphoto | Nurphoto | Getty Images The U.S. has identified 20 confirmed or suspected monkeypox cases across 11 states as public health authorities increase testing […]
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Kohl’s sale negotiations could drag on for weeks, possibly longer, amid market volatility
The drawn-out bidding process for Kohl’s doesn’t appear to be coming to an end any time soon. It could take several weeks, if not longer, for a deal to come together, a person familiar with the situation told CNBC. The dialogue has been particularly lengthy because of the difficulty in securing financing in uncertain market […]
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‘Lots of luck on his trip to the moon’: Biden shrugs off Elon Musk’s economic fears, touts Ford investments
President Joe Biden on Friday brushed off Tesla CEO Elon Musk’s reported “super bad feeling” about the U.S. economy, while praising some of Musk’s competitors for expanding their investments in electric vehicles. Biden then took a dismissive-sounding swipe at Musk, a frequent critic of his administration. “Lots of luck on his trip to the moon,” Biden […]
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Apple’s big annual conference kicks off next week: Here’s what to expect
Apple CEO Tim Cook will present the latest versions of Apple’s software for iPhones, iPads, Mac, Watch, and TV on Monday to kick off WWDC, Apple’s annual developer conference. The new “bits,” as attendees often call the updates, are the biggest Apple software announcement of the year and set the public strategy for Apple’s platform […]
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Food price inflation rocks the Middle East’s economies, pushing up risk of social unrest
Local government officials and a Ukrainian soldier inspect a grain warehouse earlier shelled by Russian forces on May 06, 2022 near the frontlines of Kherson Oblast in Novovorontsovka, Ukraine. John Moore | Getty Images Rising prices of food and energy are reverberating through Middle Eastern and North African economies, a new S&P Global Ratings report […]
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Former Trump aide Peter Navarro indicted for contempt of Congress in defying Jan. 6 Capitol probe subpoena
White House adviser Peter Navarro speaks to reporters outside the West Wing in Washington. Erin Scott | Reuters Former Trump White House advisor Peter Navarro was arrested on a federal indictment charging him with two counts of contempt of Congress over his refusal to comply with a subpoena issued by the House select committee investigating […]
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