Month: June 2022
CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap
The all-electric Chevrolet Silverado at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – The CEOs of General Motors, Ford Motor, Chrysler parent Stellantis and Toyota Motor North America are urging Congress to lift the federal government’s cap on the number of vehicles that are eligible for a tax credit […]
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Stocks making the biggest moves midday: Astra Space, Amazon, Revlon, Prologis & more
Amazon is “definitely a stock to own,” according to Sid Choraria, a senior portfolio manager who previously attracted the attention of Warren Buffett. Klaus-Dietmar Gabbert | Picture Alliance | Getty Images Check out the companies making headlines in midday trading Monday. Coinbase, Microstrategy — Shares of cryptocurrency-related companies sold off as the price of bitcoin and other […]
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Google offers to let ad rivals place YouTube ads in EU antitrust probe
A woman passes the logo from the web search engine provider Google during the digital society festival ‘re:publica’, at the Arena Berlin in Berlin, Germany June 9, 2022. Annegret Hilse | Reuters Google parent Alphabet has offered to let rival ad intermediaries place ads on YouTube to address a crucial part of an EU antitrust investigation […]
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British police charge Kevin Spacey over alleged sex crimes
Medianews Group/boston Herald Via Getty Images | Medianews Group | Getty Images British police on Monday said they had charged Oscar-winning actor Kevin Spacey over historic allegations of sex offences after prosecutors last month authorized the charges, with the actor due in court onThursday. “Kevin Spacey Fowler, 62, has been formally charged today with four […]
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We’re buying small in the market carnage, picking our lanes to put cash to work
The Club still thinks a broad-based selloff like Monday is creating a long-term opportunity in stocks with little to do with the concerns of the moment. Source
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401(k) savers will see a ‘wake-up call’ in their next statement, says law professor. Here’s what to look for
Blackcat | E+ | Getty Images You may get a nasty surprise when you open your next 401(k) statement. These statements generally arrive each quarter, either online or by mail. They provide basic information to savers about their investments and the size of their nest egg, for example. Starting in a few weeks, the notices […]
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Watch live: Jan. 6 committee to question Fox News’ former political editor, Georgia official in second hearing
A bipartisan House select committee on Monday is set to begin detailing the initial findings from its investigation of the Jan. 6 Capitol riot, keeping its focus squarely on former President Donald Trump. The second hearing will center on the push by Trump and his allies to spread false claims of sweeping election fraud following […]
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Britain to defy EU with ‘relatively trivial’ Northern Ireland law
Under the legislation, London is expected to introduce a “green channel” for goods moving from Britain just to Northern Ireland, change the tax rules and end the role of the European Court of Justice as sole arbiter. Charles Mcquillan | Getty Images News | Getty Images Britain will set out plans on Monday to override […]
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Far from being ‘post pandemic,’ UK Covid cases are on the rise again
A total of 989,800 people tested positive for the virus in the week from May 27 to June 2 — up from 953,900 a week earlier Dan Kitwood | Getty Images News | Getty Images U.K. Covid-19 cases have risen for the first time in two months, according to new data, which warns of a […]
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Binance pauses bitcoin withdrawals due to a ‘stuck transaction’ as crypto sell-off deepens
The logo of cryptocurrency exchange Binance displayed on a smartphone with the word “cancelled” on a computer screen in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Binance said Monday that it is temporarily pausing bitcoin withdrawals “due to a stuck transaction causing a backlog.” At first, Binance founder and CEO […]
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