Month: June 2022
Watch live: Jan. 6 investigators plan to detail how Trump pressured Pence to overturn 2020 election
Pence advisors are scheduled to testify Trump supporters stand on the U.S. Capitol Police armored vehicle as others take over the steps of the Capitol on Wednesday, Jan. 6, 2021, as the Congress works to certify the electoral college votes. Bill Clark | CQ-Roll Call, Inc. | Getty Images The select committee is expected to […]
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Musk on possible layoffs at Twitter: ‘The company needs to get healthy’
Musk addresses question of possible layoffs at Twitter: ‘The company needs to get healthy’ Musk said layoffs at Twitter will depend on its financial situation. “It depends. The company does need to get healthy,” Musk said, according to the source. “Right now the costs exceed the revenue” Musk said there has to be some rationalization […]
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Jan. 6 committee will invite Ginni Thomas, wife of Supreme Court justice, to testify on emails with Trump lawyer Eastman
Associate Supreme Court Justice Clarence Thomas sits with his wife and conservative activist Virginia Thomas while he waits to speak at the Heritage Foundation on October 21, 2021 in Washington, DC. Drew Angerer | Getty Images The chairman of the House select committee investigating the Jan. 6, 2021, Capitol riot said Thursday that the panel […]
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Stocks making the biggest moves premarket: Jabil, Commercial Metals, Tesla and more
Check out the companies making headlines before the bell: Jabil (JBL) – The contract electronics manufacturer saw its stock rise 1.2% in premarket trading after beating top and bottom-line estimates for its latest quarter. Jabil earned an adjusted $1.72 per share, 10 cents above estimates, and said it continued to see solid demand from its […]
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‘No need for any concern’: Germany plays down fears of economic fragmentation in Europe after bond yields soar
German Minister of Finance Christian Lindner said there is no need for concern about the stability of the euro zone. John Thys | Afp | Getty Images LUXEMBOURG — There is no need for markets to be worried about the stability of the euro zone, Germany’s finance minister told CNBC Thursday following a recent surge […]
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There’s no bottom in sight yet, says top chart analyst as the Dow breaks below 30,000
Investors should not step in to buy yet, even when it feels like the selling in the stock market has gone too far, according to Fairlead Strategies founder and managing partner Katie Stockton. “We look for oversold buy signals in uptrending markets, and yet in downtrending markets like we have now, the oversold readings really […]
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GOP Georgia Senate nominee Herschel Walker admits having 2 more ‘secret’ children — now says he has 4 kids
Herschel Walker, US Republican Senate candidate for Georgia, speaks during a campaign rally in Macon, Georgia, US, on Wednesday, May 18, 2022. Elijah Nouvelage | Bloomberg | Getty Images Herschel Walker, the Republican nominee from Georgia for the U.S. Senate, confirmed that he has two more previously unknown children, adding another “secret” child that the […]
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Meta, Google, Twitter vow to fight fake news better as EU gets tougher
Facebook and Twitter applications are seen on an Apple iPhone. Jaap Arriens | NurPhoto | Getty Images Meta, Alphabet unit Google, Twitter and Microsoft agreed on Thursday to take a tougher line against disinformation under an updated EU code of practice that could hit them with hefty fines if they fail to do so. More than 30 signatories […]
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Bank of America calls this stock one of the ‘most compelling’ big lenders to own
This year’s stock sell-off hasn’t spared banks, with the KBW Bank Index down more than 20%, roughly in line with the decline of the broader S & P 500. Shares of big American banks have dropped despite rising interest rates, which help them boost the profitability of their core lending activities. That’s because investors are […]
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Florida is the only state that hasn’t ordered Covid vaccines for kids under 5
Parents walk their children on the first day of school, amid the coronavirus (COVID-19) pandemic, at West Tampa Elementary School in Tampa, Florida, U.S., August 10, 2021. Octavio Jones | Reuters Florida parents with kids under 5 years old may find themselves waiting longer than the rest of the country to get their youngest children vaccinated […]
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