Month: August 2022

Judge denies Sen. Lindsey Graham’s bid to quash subpoena in Trump election probe in Georgia
A federal judge on Monday denied Sen. Lindsey Graham’s bid to throw out a subpoena for his testimony before a special grand jury in Fulton County, Georgia, as part of its investigation into possible criminal election interference by former President Donald Trump and his allies in 2020. The court rejected Graham’s contention that the subpoena should […]
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UK becomes the first country to approve a dual Covid vaccine targeting omicron
Britain has become the first country in the world to approve Moderna’s bivalent Covid-19 vaccine, which targets both the original strain of the virus and the newer Omicron variant. Long Visual Press | Universal Images Group | Getty Images LONDON — Britain on Monday became the first country in the world to approve a dual […]
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We’re using a pullback in one of our drug stocks to buy more shares
While mindful of a liability risk, we continue to believe this company’s exposure will be minimal, if anything. Source
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Chinese tech giants share details of their prized algorithms with top regulator in unprecedented move
China has introduced rules that aim to govern how technology platforms use recommendation algorithms. It is part of a broader push from Beijing to more closely regulate China’s domestic technology sector. Thomas White | Reuters Chinese technology giants shared details of their prized algorithms with the country’s regulators in an unprecedented move, as Beijing looks […]
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Stocks making the biggest moves premarket: Vroom, Poshmark, Revolve, Green Plains and more
Vroom IPO at the Nasdaq site, June 9, 2020. Source: Nasdaq Check out the companies making headlines before the bell: Poshmark — Shares spiked more than 5% after Barclays upgraded the online fashion retailer to overweight from equal weight. Poshmark will get a boost from the fast-growing second-hand clothing marketplace, especially if consumers trade down […]
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Bitcoin tops $25,000 for the first time since June before slipping
Bitcoin prices have been under pressure in 2022 after the collapse of algorithmic stablecoin terraUSD and subsequent bankruptcy filings from lender Celsius and hedge fund Three Arrows Capital. Nicolas Economou | Nurphoto | Getty Images Bitcoin briefly topped $25,000 to hit its highest level in June before falling sharply as the cryptocurrency struggles to make […]
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China’s domestic tourism is on track to bounce back from pandemic lows, says Fitch Ratings
China’s domestic tourism — a key indicator of retail spending — is on track to make a comeback after dipping to an all-time low during the nation’s worst lockdowns, according to official data and analysts. Since the mainland’s biggest lockdown in Shanghai ended in late May, the increase in holiday bookings has indicated that tourism […]
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Russia urged to withdraw forces from Ukrainian nuclear power plant; Putin turns to North Korea for friendship
Putin looks to expand ties with North Korea Russian President Vladimir Putin and North Korean leader Kim Jong Un held talks in 2019. Alexander Zemlianichenko | Afp | Getty Images Russian President Vladimir Putin has reportedly sent a message of friendship to North Korean leader Kim Jong Un in which he expressed his wish for […]
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Malaysia’s former prime minister begins final bid to toss out 1MDB graft conviction
Malaysia’s former prime minister Najib Razak waves as he arrives at the federal court in Putrajaya on August 15, 2022. Malaysia’s top court Monday began hearing a final appeal by former Prime Minister Najib Razak to toss out his graft conviction linked to the massive looting of the 1MDB state fund. Mohd Rasfan | Afp […]
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Elon Musk says Tesla has made over 3 million cars
17 May 2021, Brandenburg, Grünheide: Elon Musk, Tesla CEO, stands on the construction site of the Tesla factory and greets with his hard hat. Picture Alliance | Picture Alliance | Getty Images Tesla has made over three million cars, CEO Elon Musk tweeted on Sunday. Of that total, Tesla’s Shanghai factory has made one million […]
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