Month: June 2022
GOP Georgia Senate nominee Herschel Walker’s campaign confirms he has a second son
Heisman Trophy winner and Republican candidate for US Senate Herschel Walker speaks at a rally on May 23, 2022 in Athens, Georgia. Megan Varner | Getty Images Herschel Walker, a Republican Senate nominee in Georgia, has a second son he’s apparently estranged from and hasn’t publicly recognized. Campaign manager Scott Paradise confirmed Walker’s parentage on […]
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Musk says he’s leaning toward voting for Florida Gov. Ron DeSantis for president
Brendan Smialowski | Afp | Getty Images Billionaire Tesla and SpaceX CEO Elon Musk is leaning toward voting for Florida’s Republican governor, Ron DeSantis, for president in 2024, he said Wednesday on Twitter. DeSantis, who has not officially thrown his hat in the ring for the race, is an ally of former President Donald Trump […]
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Putin is ‘another Hitler in the making,’ Egyptian billionaire Sawiris says
Egyptian billionaire Naguib Sawiris did not mince words when expressing his thoughts on Russian President Vladimir Putin and his country’s invasion of Ukraine. Asked by CNBC’s Hadley Gamble if he expected civil unrest in Egypt due to food shortages triggered by the war, Sawiris, the chairman and CEO of Orascom Investment Holding, said he did […]
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Here’s everything the Fed is expected to announce, including the biggest rate hike in 28 years
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson | AFP | Getty Images The Federal Reserve on Wednesday is expected to do something it hasn’t done in 28 years — increase interest rates by three-quarters of a percentage point. In response to soaring […]
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Bitcoin came close to falling below $20,000 as investors continue to flee cryptocurrencies
Bitcoin and and other cryptocurrencies are in free fall. Dan Kitwood | Getty Images The sell-off in cryptocurrencies deepened even further on Wednesday, with bitcoin sinking very close to the key level of $20,000. Bitcoin plunged as much as 10% to an intraday low of $20,166, according to Coinbase data. It was last trading at […]
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Sen. Warren asks bank regulator to reject TD’s $13.4 billion acquisition after customer-abuse report
Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in Dirksen Building on Tuesday, October 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Lawmakers led by Sen. Elizabeth Warren asked a key regulator to block Toronto-Dominion […]
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Qualcomm wins fight against $1 billion EU antitrust fine
Qualcomm Inc. President and CEO Cristiano Amon speaks during the company’s press event for CES 2022 at the Mandalay Bay Convention Center on January 4, 2022 in Las Vegas, Nevada. CES, the world’s largest annual consumer technology trade show, is being held in person from January 5-7, with some companies deciding to participate virtually only […]
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Retail sales posted unexpected 0.3% decline in May as inflation hammers consumers
Retail sales turned negative in May as consumers pulled back spending while inflation surged, the Commerce Department reported Wednesday. Advance retail and food service spending fell 0.3% for the month, below the Dow Jones estimate for a 0.1% gain. Excluding autos, sales were up 0.5%, which fell short of expectations for a 0.8% increase. The […]
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U.S. safety agency says Tesla accounts for most driver-assist crashes, but warns data lacks context
The NTSB released this image of a 2021 Tesla Model 3 Long Range Dual Motor electric car that was involved in a fatal accident near Miami that killed two people on Sept. 13, 2021. NTSB Tesla vehicles have accounted for nearly 70% of reported crashes involving advanced driver-assist systems since last June, according to federal figures […]
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Microsoft retires Internet Explorer browser after 26 years
Microsoft Corp. Chairman Bill Gates announces a new version of Microsoft Internet Explorer for Windows XP and that Microsoft would include Windows AntiSpyware technology at no extra charge, during his keynote address at RSA Conference 2005 in San Francisco, Tuesday, Feb. 15, 2005. The two new enhancements will lead to safer Web browsing according to […]
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